To The Moon

NVR is a US home builder. I would rate NVR as financially sound, with strong performance over the past cycle - 2005 to 2022 (peak-to-peak). But I would not consider it a high-growth one. NVR is a low-growth cyclical company as its performance is tied to US Housing Starts. My valuation of NVR over the cycle showed that there is no margin of safety. The crux of my valuation is that there is no long-term annual average Housing Starts growth. Refer to Scenario 1 in the infographic. Even if you assumed that there is a 1/3 increase in the long-term annual average Housing Starts as per Scenario 2, my analysis showed that there is only a 12% margin of safety if I assumed that it would take 5 years to reach this increased level. There is also not enough margin of safety if you assumed that NVR is

Dear Tigers,Thank you for participating in the "Tiger Academy Education Course Survey."In the Tiger community, there are several popular investment courses. Have these courses been helpful to you? Are you satisfied with the content of these courses? What courses would you like to see added to the Tiger community? We now invite you to take the following survey, which will only take 3 minutes of your time. Share your honest feedback with us!You can participate in the survey by clicking on the link below：Tiger Academy Education Course SurveyAs a token of our appreciation, we will reward you with 20 Tiger Coins, and you'll receive them for free once you complete the survey! We will distribute the Tiger Coin rewards on October 20

COE prices for bigger cars and the Open category reached new highs for the third tender in a row, with the premium for an Open COE rising to $137,000.image from motoristFamilies with yound children face higher COE burdens?Soaring Certificate of Entitlement (COE) premiums presents a challenging dilemma for many families. The high COE prices are unlikely to decrease significantly in the near future. This reality forces individuals and families to make tough decisions about their finances, lifestyle choices, and future plans.Public transportation might be accessible and affordable, but there are instances, especially for families with young children, where having a car is seen as a necessity due to the convenience it offers. How will the soaring transportation fees affect society?The im

On Friday, the stock markets witnessed a remarkable turnaround, the most significant since March. The $DJIA(.DJI)$ rose by 0.9% during the day, reversing an initial 0.8% decline. The $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ also recorded gains. This turnaround was triggered by a stronger-than-expected U.S. jobs report. Gainers $POINT BIOPHARMA GLOBAL INC(PNT)$ (+86%): The American biotech specializing in cancer treatments has received a takeover offer from Eli Lilly, offering $12.50 per share in cash, valuing the company at $1.4 billion. Losers $Airbnb, Inc.(ABNB)$ (-9%): The tra

In today's fast-paced world, we all have dreams and aspirations that we hope to turn into reality. Whether it's owning a new car, opening a coffee shop, buying a home, or embarking on world travel, our dreams fuel our motivation and drive.However, many of us often are wondering how we can make these dreams come true. Luckily, with a small amount of auto-invest per day or week, we can take significant steps towards achieving our goals.Investing in Your Dreams:Auto-investing is a powerful tool that allows us to grow our wealth steadily over time. By setting aside a small portion of our income regularly, we can accumulate funds to pursue our dreams without feeling overwhelmed by the financial burden. This approach is particularly beneficial for those who may not have a large sum of money read

In today's fast-paced world, we all have dreams and aspirations that we hope to turn into reality. Whether it's owning a new car, opening a coffee shop, buying a home, or embarking on world travel, our dreams fuel our motivation and drive.However, many of us often are wondering how we can make these dreams come true. Luckily, with a small amount of auto-invest per day or week, we can take significant steps towards achieving our goals.Investing in Your Dreams:Auto-investing is a powerful tool that allows us to grow our wealth steadily over time. By setting aside a small portion of our income regularly, we can accumulate funds to pursue our dreams without feeling overwhelmed by the financial burden. This approach is particularly beneficial for those who may not have a large sum of money read

On the evening of October 6, Haitong International announced that the offeror, Haitong International Holdings Co., Ltd., will privatize the company through an agreement arrangement in accordance with Article 99 of the Company Law after the prerequisites are met. For the privatization of Haitong International, the cash for each canceled planned share is HK$1.52, which is a premium of approximately 114% to the latest closing price. I placed a 6000 shares limit order, 1.21HK$, 80% of offered price. I bet the privatization process would be successful. The current P/B at 0.71HK$ = 0.26, so the offered price is still around 0.5 P/B, reasonable bargain. $HAITONG INT'L(00665)$

COE prices for bigger cars and the Open category reached new highs for the third tender in a row, with the premium for an Open COE rising to $137,000.image from motoristFamilies with yound children face higher COE burdens?Soaring Certificate of Entitlement (COE) premiums presents a challenging dilemma for many families. The high COE prices are unlikely to decrease significantly in the near future. This reality forces individuals and families to make tough decisions about their finances, lifestyle choices, and future plans.Public transportation might be accessible and affordable, but there are instances, especially for families with young children, where having a car is seen as a necessity due to the convenience it offers. How will the soaring transportation fees affect society?The im