Stocks

[brehme1989]

Bro imho we re moving in the wrong direction the amount of pret a manger franchises alone would suggest so. Like in the last 10 years i ve seen a ton of new franchises moving to switzerland and expanding and the few cheapish restaurants that were hugely successful all either franchises by now or just expanded to multiple restaurants without the franchises....
Again same can be said for a lot of restaurants they might not be franchises but they re owned by like 2 or 3 big groups and thats easily 60% of the market...

Edit: For fucks sake theres an Eataly in most big italian cities

I don't disagree with that. There's definitely a trend that's driven mainly by social media hype.

An "artisanal" restaurant will always be a secret for locals and a few who stumble upon them, there's no real growth potential there. So if you want to invest in franchised restaurants, it's not a bad bet to take, but I still think that at least in Europe we don't really rate those. Their bottom line won't get hurt by this, but there's a rising trend in demand for quality food as well and lots of hospitality groups are investing in diversified styles of haute cuisine and you wouldn't know that they'd be related unless you thoroughly searched this connection.

So there's two type of heavy investment here. There's the franchise that's out there and there's the hospitality group that has a variety of shops. I don't think I've seen that many being listed, unless they're in the hotel business as well.

 

[Adriano@10]

I don't disagree with that. There's definitely a trend that's driven mainly by social media hype.

An "artisanal" restaurant will always be a secret for locals and a few who stumble upon them, there's no real growth potential there. So if you want to invest in franchised restaurants, it's not a bad bet to take, but I still think that at least in Europe we don't really rate those. Their bottom line won't get hurt by this, but there's a rising trend in demand for quality food as well and lots of hospitality groups are investing in diversified styles of haute cuisine and you wouldn't know that they'd be related unless you thoroughly searched this connection.

So there's two type of heavy investment here. There's the franchise that's out there and there's the hospitality group that has a variety of shops. I don't think I've seen that many being listed, unless they're in the hotel business as well.

I see yeah that was my whole point a lot of the small artisanal restaurants in the bigger cities are also part of big restaurant/hospitality groups especially in he big cities...
Thought your point was that we still mostly have independent small restaurant which in my experience is no the case...

 

[Pimpin]

I see yeah that was my whole point a lot of the small artisanal restaurants in the bigger cities are also part of big restaurant/hospitality groups especially in he big cities...
Thought your point was that we still mostly have independent small restaurant which in my experience is no the case...

I think we're all saying the same thing.

It's just that I don't think anyone cares if the locals rate x y z restaurant.. The independent restaurants are much more expensive. Had a dinner in a nice-ish turkish spot at Pimlico, and paid 100 pounds for 2 ppl dinner, like that's not sustainable, can't think of anyone who would do that on regular basis. The one outlier being family run asian spots.. especially take outs..

The average family that wants to have a decent day out would rather go to one of these franchises that has decent atmosphere, over a place that charges abhorrent prices at marginally better quality. Again, most of these spots are inferior quality food, but if you hit the optimal trade off between atmosphere, quality and price, it can be a decent business.

I know its anecdotal, but I saw a south-asian food chain the other day, (Dosa or something it was called) and a west african chain (enish) . It just goes to show that long-term this trend is here to stay, its scalable, it makes money.

I genuinely want to start my own spot here in UK, these ppl need better food

 

[Pimpin]

If you travel to Europe more, you'd see the contrary.

The USA and the UK follow their own path, and arguably that's the path where the money follows. But the restaurant business won't be franchised in the continent.
Hospitality groups, sure. With branches in places like the UAE as well.

that's a good point as well with Middle East, they have also their own chains, that IMO have superior food to western chains. IMO if Al Baik decided to move into turkey, they'd have great success and it could open the gate to other spots. Then you have some really goods spots like Shawaya House and some more traditional things like Tabkha. Like they are genuine food spots, at affordable prices.

Honestly, the food industry can become so wild.

 

[brehme1989]

I genuinely want to start my own spot here in UK, these ppl need better food

words thought and said by anyone from south Europe who's spent more than an hour in the UK

 

[Black Knight]

words thought and said by anyone from south Europe who's spent more than an hour in the UK

Try 9 years

 

[brehme1989]

it's funny because it's true

 

[Adriano@10]

it's funny because it's true

Ya could have atleast put a waymo in the american picture and not a fucken shitbox.......

that's a good point as well with Middle East, they have also their own chains, that IMO have superior food to western chains. IMO if Al Baik decided to move into turkey, they'd have great success and it could open the gate to other spots. Then you have some really goods spots like Shawaya House and some more traditional things like Tabkha. Like they are genuine food spots, at affordable prices.

Honestly, the food industry can become so wild.

Lebanes buddy of mine who lives in london is playing with the thought of opening a zaatar w zeit.... High franchise costs and a new born baby have kept him from doing so thus far...
But definitely a common theme amongst expats living in london

 

[Pimpin]

Ya could have atleast put a waymo in the american picture and not a fucken shitbox.......

Lebanes buddy of mine who lives in london is playing with the thought of opening a zaatar w zeit.... High franchise costs and a new born baby have kept him from doing so thus far...
But definitely a common theme amongst expats living in london

I would unironically be up to invest in it like 5% of the cost for franchise for 5% of equity. I loved Zaatar w zeit in Riyadh.

 

[Adriano@10]

I would unironically be up to invest in it like 5% of the cost for franchise for 5% of equity. I loved Zaatar w zeit in Riyadh.

LOL told him the same... I only know em from dubai but was my go to place there....

Will bring it up next time i m on a call with him

 

[crzdcolombian]

it's funny because it's true

was in China for Work last year. The BVD >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Tesla.

We had a Tesla SUV for a year. That car sucks.

It's funny people get but hurt about china. all countries do it and have done it when they replace the former big guy on the block.

Italy copy and pasted Greek society and just changed the names of the gods . Since then every big country has done it.

 

[Pimpin]

was in China for Work last year. The BVD >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Tesla.

We had a Tesla SUV for a year. That car sucks.

It's funny people get but hurt about china. all countries do it and have done it when they replace the former big guy on the block.

Italy copy and pasted Greek society and just changed the names of the gods . Since then every big country has done it.

I do not know if you troll or not, but you fucking up a letter in a 3 letter car brand is hilarious. You are also right.

Interestingly enough, people far smarter than us had predicted this .

https://fortune.com/2009/04/27/andy-grove-on-battery-power/

Batteries that go farther than the competition’s and recharge in a shorter time will win. This does not bode well for U.S. auto manufacturers. Battery technology has been the domain of consumer electronics manufacturers, and that industry migrated out of America decades ago. We must bring this important technology back to the U.S., and we must do it quickly to save Detroit.

Developing a domestic car-battery industry should be the focus of both corporations and the U.S. government.

^ article is from 2009

 

[Adriano@10]

was in China for Work last year. The BVD >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Tesla.

We had a Tesla SUV for a year. That car sucks.

It's funny people get but hurt about china. all countries do it and have done it when they replace the former big guy on the block.

Italy copy and pasted Greek society and just changed the names of the gods . Since then every big country has done it.

How on earth did you end up buying a shitbox(tesla) when i m on here yaping about how shit they and their cult leader are? Show some trust bro....

Since we re on the topic of tesla at least the short is finally paying off...

Side note: I hate being stuck in a options trade where i only have days left... It s just staring at your screen looking at prices how the fuck do traders do it without losing their sanity is beyond me....

 

[crzdcolombian]

How on earth did you end up buying a shitbox(tesla) when i m on here yaping about how shit they and their cult leader are? Show some trust bro....

Since we re on the topic of tesla at least the short is finally paying off...

Side note: I hate being stuck in a options trade where i only have days left... It s just staring at your screen looking at prices how the fuck do traders do it without losing their sanity is beyond me....

Wife bought it. Luckily we sold it for a gain during covid. People were paying crazy for used car during then.

Now we lease a Nissan Rogue(would own but I dont know anything about cars nor want to fix them) and only have 1 car. I use to drive a Audit Q5(oil changes were no lube butt sex). Luxury cars are fking stupid. It's why broke people are broke. We both work from home so dont need a 2 cars.

 

[Adriano@10]

I ll have to admit that i m slightly scared what Lies elon is gonna tell in the Call today...
Have not gone into a Earnings call this short in a long time....

 

[Pimpin]

I ll have to admit that i m slightly scared what Lies elon is gonna tell in the Call today...
Have not gone into a Earnings call this short in a long time....

hasn't he exhausted all lies though? Like at what point do investors call bullshit on FSD, robotaxi, bullshit stuff

 

[Adriano@10]

hasn't he exhausted all lies though? Like at what point do investors call bullshit on FSD, robotaxi, bullshit stuff

That is the question how much credibility has the man left? It s beyond me how investment professionals still fall for his shtick but they do......
Also his fake ass robotaxi investor day pump and him calling an accurate reuters article a lie was still good enough to send the stock up like 3 to 4% two weeks ago so who knows....

Good thing is the short has been a gold mine all year so even if i lose this one i m very confident that i wont end this year down on my tesla short.

 

[Pimpin]

That is the question how much credibility has the man left? It s beyond me how investment professionals still fall for his shtick but they do......
Also his fake ass robotaxi investor day pump and him calling an accurate reuters article a lie was still good enough to send the stock up like 3 to 4% two weeks ago so who knows....

Good thing is the short has been a gold mine all year so even if i lose this one i m very confident that i wont end this year down on my tesla short.

Like at some point it becomes misleading right? how long ago has he said that robotaxi will be a reality by now?

 

[Adriano@10]

Like at some point it becomes misleading right? how long ago has he said that robotaxi will be a reality by now?

2015 he said by the end of next year coast to coast.....
I s obviously misleading but sec does not care as long as stock pric goes up...

Edit: and here we are numbers are dogshit stonk up 6%

 

[Pimpin]

2015 he said by the end of next year coast to coast.....
I s obviously misleading but sec does not care as long as stock pric goes up...

Edit: and here we are numbers are dogshit stonk up 6%

At what point is this fraud. Th3r3s posts now on twitter how their ai capabilities have gone up 5x because he bought 5x h100 chips