Casino Gambling is not More Lucrative Than Day…

You may have seen the chart below. It has appeared on Reddit threads, X posts, and other locations. It purports to show that casino gamblers have a better chance of turning a profit than do stock market day traders. Don’t believe your eyes. The illustration is social-media blarney. Frankenstein’s Monster The source of the graphic remains a mystery to me. Although each […]
Increasing the Meta Stock’s Fair Value through AI and Ad…

We are raising our fair value estimate for wide-moat Meta (META) to $560 from $450 after taking a fresh look at the firm’s overall business and incorporating a more optimistic outlook on the firm’s investments in artificial intelligence, especially as they relate to Meta’s ability to improve its ad-targeting business. • Fair Value Estimate: $560• […]