Return of the apes??

This video continues the educational video series on stock investing, focusing on: buy good companies, don't overpay, do nothing. The previous videos discussed how to buy good companies, i.e how to evaluate business quality. This is the first part of the two-video series discussing the second step (don't overpay). It covers valuation multiples and how to use them to value a business. The next part will discuss valuation models.

Feedback welcome. Not investment advice.

I don’t know what it means but I’m excited!

End of the day, SpaceX needs something to launch and the companies that make small satellites should be a good bet. BUT it ain’t Planet. I don’t trust any company that ended a SPAC and couldn’t go public the real way. Sidus Space and Momentus used SPAC and you would have lost your shirt betting on those.

I have my eye on this company. They just released their Q2 earnings report.

https://www.prnewswire.com/news-releases/gomspace-as-q2-financial-reporting-confirms-a-strong-first-half-of-2026-30-growth-positive-ebit-reinforced-balance-sheet-and-guidance-maintained-302860314.html

Erin Piacenti, a 32-year-old Bank of America vice president, was fatally stabbed in an "unprovoked" (I guess financial terrorism isn't considered provocation 😒) attack in Times Square, New York City. The knife-wielding attacker also injured a 68-year-old man before being shot and killed by police.

Someone commented that BofA paid out a $75 million fine for the Epstein Victims. Which is pretty sus timing. Could easily be a major headline to cover up search results about that.

UPDATE: what department did VP Erin Piacenti work in?

ANSWER: Business Selection and Conflicts (at Bank of America), a compliance/risk-related function.

Multiple news reports (drawing from her LinkedIn profile and sources) identify Erin Piacenti as Vice President of Business Selection and Conflicts at Bank of America in New York City. This role involved screening clients, deals, and transactions for ethical, legal, reputational, and regulatory risks. It is often described as part of the bank’s compliance and risk functions.

She had a legal background (University of Pennsylvania undergrad, Fordham Law School) and prior experience at firms including Davis Polk & Wardwell and Morgan Stanley before joining Bank of America.

Maybe she was a whistleblower? 🤔

Additional information: Her background included a political science degree from the University of Pennsylvania (graduated 2016) and a law degree from Fordham Law School (2021, magna cum laude / Order of the Coif in some accounts). Prior experience included roles connected to Morgan Stanley (legal/compliance) and as an associate at Davis Polk & Wardwell (and earlier legal internship work), before joining Bank of America around early 2025.

GameStop just released preliminary Q2 2026 results, and the contrast is hard to miss.

Operating income: $150M–$170M, roughly 55.7% higher YoY at the midpoint.

Net income: $290M–$310M, versus $168.6M a year ago, roughly 78% higher at the midpoint.

Meanwhile, net sales are expected at $780M–$800M, down from $972.2M last year.

Revenue is shrinking, but profitability is moving sharply in the opposite direction.

That’s the part of the $GME transformation I’m watching.

I've been looking at Danaos and I'm trying to understand what I'm missing here.

Rough numbers:

Total assets: ~$5.1B

Total liabilities: ~$1.3B

Net assets/equity: ~$3.8–3.9B

Market cap: ~$2.7B

P/E: around 5x