Spincoin

 The WSJ is a great paper in its own right just for the news. They do have awesome 5 yr financial statements available in a web tab on the site. I think this is free/available to non-subscribers as well. Like I don't think getting a quote is (yet) paywalled... This video shows how to use Excel's Power Query function to pull in any of the statements that are available on their site for your own DYOR.

Robinhood takes a lot of flack, but this is...significant.  Yes, 1% of the $6,500 annual IRA limit is only $65, but $65 is $65 (!) and lets not forget the power of compounding!!  You never pass on free money and you always take the match. Robinhood is paying one, no employer necessary which is pretty freaking amazing. They are treating this as interest so their match evidently doesn't count against the annual contribution limit.  I set up an account made an initial deposit, had an immediate match of 1% in the account that I could invest.  You knew I was going to pimp my referral link , didn't you? If you don't have an account (and believe me, I understand why) consider it just for the free money to invest in a Roth. I look at it like a great deal on commodity service and a completely financial decision, not like a brand-loyalty or identification thing. I will say their app and website has an amazing UX, though. 

 "Even if analysts haven't cut earnings estimates enough to match how much the economy may have slowed at the end of last year, a bigger than-expected drop in COGS inflation could very well keep the market tide in favor of the bulls." -Tomi Kilgore, "What Earnings Season Could be a 'market-moving' event" [MarketWatch 2023-1-12]

 It is late at night and I should be sleeping not writing in my blog but I want to put down an idea knocking around my head. That idea is this: The P/E or "price earnings ratio" is the most visible and lasting metric in the stock market because it represents the time-value nature of the whole endeavor and what really drives this whole enterprise - earnings. Profits. Valuing future income streams. What equity investors bring to this endeavor the ability to estimate growth and whether or not a stock has that growth priced in yet or not. As long as there are investors and there are tomorrows this will probably go on. 

This is a picture of Berkshire Hathaway compared with the QQQ NASDAQ 100 from the day it started trading on March 10th, 1999 to Jan 06, 2023. There are lots of intervals for which the NASDAQ blows the doors off Berkshire, but comparing from its start to the present, Berkshire looks like it has been the better the bet, by far.  Berkshire Hathaway is dark blue QQQ - NASDAQ 100 is light blue The split is when Berkshire B shares began trading.