I know SMYY is not actually “YieldMax”, but maybe that means you all can give me critical thoughts. I bought SMYY a couple weeks ago, after which the underlying (SMCI) has risen 50%! Yet I’m breakeven on SMYY. How the hell can it be flat when SMCI rallied 50%?! Will it take another week or two to reflect gains, or is the fund broken?
I bought SMYY a couple weeks ago, after which the underlying (SMCI) has risen 50%! Yet I’m breakeven on SMYY. How the hell can it be flat when SMCI rallied 50%?! Will it take another week or two to reflect gains, or is the fund broken?
BIG DISCUSSION TIME!
What innovations would you like to see in the future? Can board design improve? What is possible in the future? Please share your ideas even if they’re wild.
I’ll go first: I think there is an inherent limitation which seems unsolvable: ideally we would have a board low to the ground with a kicktail for maneuverability, with wheels which are fast, soft, and not stopped by rocks/cracks. BUT, the only wheels that can perform like that are very big, which is an inherent limitation because we would either have to raise the height of the entire board, or design a seemingly impossible board which accommodates huge wheels without wheelbite/shoebite and which still has a functional kicktail. Any ideas on innovations to help this central problem?
Since the size limitations of wheels seems to me to be the most important issue, I do wonder if in the future we will invent wheels which are still small but can somehow have the advantages of large wheels (hold momentum, smooth ride, safe against obstacles.) But that seems like rocket science, literally reinventing the wheel. Are there compounds beyond urethane that could be utilized in the future?
Feel free to discuss the issues I raised, but also feel free to share any ideas for the future of skateboards…. for example super low weight trucks. Let’s stir some ideas about the future!
I’m thinking bitcoin will rebound in 2027, so my idea is to average into BTCI by selling cash secured puts. The 3 options dates available are July 17, Aug 17, Sept 18, so I’m thinking of aiming for $25k July, $25k Aug, and $50k Sept. 20%+ annual dividends while waiting for bitcoin to recover sounds amazing. Anyone want to poke holes in this or give advice or bear case? Anyone have predictions for how low BTCI could go if Bitcoin hits 50k, 40k, 30k? Thank you!
I got this entirely blank deck off ebay a while back, it's the smallest drop-through deck l've ever seen, like a Penny, 21" wheelbase 28" from tip to tip, rides great, nice concave rocker. It says
"turbo" underneath one side (2nd photo), anyone know where it came from or what company made it?
Anyone rode one of these Kryptonics Stubby Cruiser 19” decks? I like Pennyboards, so I’m curious about these, shorter and wider. I would immediately change the wheels and trucks, so I’m only wondering how the deck feels. They’re on sale for $20, which makes it attractive.
I’m still holding about $30k in calls, and shares in $POET and $POEL (2x Poet ETF). And Poet is running up after hours so I think I’ll almost reach $1M tomorrow. I did swing trades so I got somewhat lucky with timing, but also a lot of my timing was bad: my biggest position was 4/17 calls and literally the next trading day was when it went parabolic. I’ll be scaling out, so I may not actually hit $1 million, and I guess that’s the closest thing to good advice I can leave you with: don’t do anything stupid for a nice round number, 950k is almost 1 million. Cheers to all you degens because this seriously wouldn’t have happened without your influence 😅❤️
This may get a bit sociological, but when I’m looking at the longterm health of Meta, I wonder whether Facebook/Instagram may fall out of popularity. In discussions of Insta/FB, I see a prevailing opinion that: “they kinda suck but they’re ingrained in society forever” and I wonder whether this is actually true. Is it not entirely possible that people will increasingly recognize the negatives of posting/scrolling (thus seeing ads) and just decrease their use substantially? With increasing data that FB/Insta are not good for mental health and tend to suck valuable time, it seems like a “collective action problem” where individuals feel it would be best if everyone quit but negative consequences for early individuals quitting prior to a mass exodus. And isn’t it possible that there will eventually be a cultural zeitgeist that feels using Insta/FB is just cringe and not cool? I deactivated my accounts a few years ago while retaining Messenger (thus distant friends and family could theoretically contact me) and after a short withdrawal period I have no desire to post or scroll there again. So my question is whether Meta actually has a cultural moat for 15 more years or if it’s entirely possible that people will spend less and less time there, and what once seemed ingrained and eternal will be seen as an early 21st century fad.
I ride some blank clear purple 76mm 78a wheels that I think are just unlabeled Bigfoot Mountain Cruiser wheels. They’re my favorite wheels because they just cruise really cushy and fast. I’m super tempted to buy Pantheon Meatballs 73mm 74a wheels but it’s hard to justify $70 when my current wheels are great. Do people think the Meatballs will be a big upgrade in terms of cushy and fast? (I do zero sliding, I only want cushy and fast). Or anyone wanna sell me their old Meatballs?