I Sold This Stock…

"I think there's a pretty decent probability that Texas Roadhouse will just Market perform the next five years or even underperform the S&P 500 over the next five years because the valuation gotten pushed so much now at this point in time which I don't want to be in a stock if I feel like that Stock's just going to perform in line with the market the next 5 years or especially if I'm concerned that that Stock's going to underperform the market over the next 5 years"

"Amazon number two in in Revenue right now in the world right they're going to go number one my estimation is either 2025 or 2026 they're going to go number one in terms of Revenue overall in the world and then they're going to head up toward $1 trillion plus in Revenue which is absolutely incredible"

"if I think about Jeff Bezos he should have at least another 102 years on the board and then if I think about Andy jasse he should have at least another 5 10 years of being the big dog at the company this is really no reason for him to leave anytime soon right"

"I'm here to tell you there's a Day of Reckoning coming for all these automakers okay and the reason being is when I looked out there and I saw that inventory that's sitting on these Lots this is going to weigh on those companies numbers in 2024 because you can only send these dealers so much inventory before they start to say we can't move this crap and guess what dealers start having to do they have to start discounting heavily when you start discounting heavily you start losing obviously pricing power right and that's when the dealership Network says you guys are loading us up with way too much inventory we can't move this inventory that you think we can move we're having a discount which is going to have to Discount even future models right and we can't move this crap and so unless magically all these dealerships that are loaded... these guys are going to be feeling the pain very shortly here and wait to see the numbers from these guys in the back half of the year when the dealers ship start kicking up a thing and say quit freaking sending us inventory we can't even move what we got it's going to be an issue now"

"Now deflation is something we're already starting to see... you could see major deflation in these two particular categories coming very soon very soon when when I see what I see in those dealerships woo that's a whole the days of uh you know these dealerships marking up Vehicles an extra 10 20 30 40 $50,000 those days are long gone now and uh things are about to get real real for the dealerships okay so yeah you know I will say this if you've been looking to buy a vehicle and you're sick of the the games of dealerships play and sick of being not in a position of power wait to the back half of this year and I'm telling you you're going to be in a huge position of power because these dealerships are about to start getting desperate with this ridiculous amounts inventory... and then they're going to have to start discounting and they're start they're going to start being desperate to move product because they can't they can't just have their their their Lots filled up with that like you can't do that you got to move inventory and so next thing you have to do to start you're going to have to start giving into your customers and you have to set you know next thing you know negotiation is going to be in your your your power right"

"many times over 50% of your true comp comes in the in in in the form of shares right and I've known a lot of people that worked at Tesa over the years much of their comp is in stock [...] if you're talking about a situation where a bunch oflo employees are laid off right well guess what they're going to likely do they're likely going to sell shares right [...] but not for Tesla because it's a understanding that a lot of shares are going to be dumped on the market from a lot of employees [...] which could put a lot of selling pressure on it in the very short term here okay"

"but if I'm thinking about the next 5 years which is my time Horizon I think there's a pretty decent probability that Texas Roadhouse will just Market perform the next five years or even underperform the S&P 500 over the next five years because the valuation gotten pushed so much now at this point in time"

"Amazon's profits are going to be and that earnings per share is going to be 5 years from now 10 years from now 20 years from now okay this is still early stage when it comes to that Revenue growth were later stage profit grow growth we early stage you got to understand that"

"e-commerce business is going to grow for years and like when does the e-commerce business stop growing I don't know but it's so far from now I don't even know when it is 2030s 2040s 2050s like the business everybody orders more and more stuff on Amazon every year pretty much and that's going to stay that way for a long time to go in the future right"

"AWS when does AWS stop growing another thing that I'm like I don't know like when you look at how much on premises is still out there versus Cloud the cloud business has another 10 20 30 years of growth ahead that's ridiculous okay AWS has growth for the longest time to go in the future"

"Amazon number two in in Revenue right now in the world right they're going to go number one my estimation is either 2025 or 2026 they're going to go number one in terms of Revenue overall in the world and then they're going to head up toward $1 trillion plus in Revenue which is absolutely incredible"

"if I think about Jeff Bezos he should have at least another 102 years on the board and then if I think about Andy jasse he should have at least another 5 10 years of being the big dog at the company"

"I'm here to tell you there's a Day of Reckoning coming for all these automakers okay and the reason being is when I looked out there and I saw that inventory that's sitting on these Lots this is going to weigh on those companies numbers in 2024 because you can only send these dealers so much inventory before they start to say we can't move this crap and guess what dealers start having to do they have to start discounting heavily... these guys are going to be feeling the pain very shortly here and wait to see the numbers from these guys in the back half of the year when the dealers ship start kicking up a thing and say quit freaking sending us inventory we can't even move what we got it's going to be an issue"

"I will say this if you've been looking to buy a vehicle and you're sick of the the games of dealerships play and sick of being not in a position of power wait to the back half of this year and I'm telling you you're going to be in a huge position of power because these dealerships are about to start getting desperate with this ridiculous amounts inventory the the automakers are going to try to keep sen in them inventory good luck with that and then they're going to have to start discounting and they're start they're going to start being desperate to move product because they can't they can't just have their their their Lots filled up with that like you can't do that you got to move inventory and so next thing you have to do to start you're going to have to start giving into your customers and you have to set you know next thing you know negotiation is going to be in your your your power right"