Thank you for the great insight into the company. I already ventured a small entry with 4k before the report and am now even more certain that I made a good choice 👍🏼
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@TradingHase with pleasure, could really be a success story 👌
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•@BamBamInvest I wouldn't have anything against it 😉
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•@TradingHase It is also exciting because the products are gradually being rolled out in other states and many products in the insurance world are not yet available. There is also extreme cross-selling potential here 👌 remains exciting and I also believe that they can continue to surprise positively. Wait until FOMO comes in here, with the high short rate, I wouldn't be surprised if we simply continue to run except for small setbacks to cool down. ✌️
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•@BamBamInvest The whole concept promises to have potential and when I look at the small number of employees alone, that's already a strong thing, as long as tasks are not outsourced.
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•@TradingHase Absolutely correct, above all the number of employees will only change/increase slightly, but the operating costs will continue to decrease in proportion. There are not a handful of companies that can implement this, although AI will of course continue to lead to cost reductions for companies in general in the future.
In the insurance sector, however, it is so exciting because AI is not yet making such a strong impact and many large companies are too entrenched to be able to build a uniform system. $LMND is simply built on AI from the ground up and is an entire ecosystem, while other complementary insurers have 100 different programs that have to be linked together and therefore do not function as a single unit.
It is those companies that are misperceived and misunderstood by the stock market/Wall Street that I am looking for or trying to find and where the potential lies in the wrong valuation of the company and the wrong future prospects. Or where there is simply panic and a short-term low valuation because many people panic and you have the feeling that the company is going bankrupt 😂🚀
This is where the big leverage arises 💪
In the insurance sector, however, it is so exciting because AI is not yet making such a strong impact and many large companies are too entrenched to be able to build a uniform system. $LMND is simply built on AI from the ground up and is an entire ecosystem, while other complementary insurers have 100 different programs that have to be linked together and therefore do not function as a single unit.
It is those companies that are misperceived and misunderstood by the stock market/Wall Street that I am looking for or trying to find and where the potential lies in the wrong valuation of the company and the wrong future prospects. Or where there is simply panic and a short-term low valuation because many people panic and you have the feeling that the company is going bankrupt 😂🚀
This is where the big leverage arises 💪
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•@BamBamInvest If you only look at the bare figures, I wouldn't go into investing either. The background and your very well-prepared research show a completely different picture.
Thanks again for your efforts. 👍🏼
Thanks again for your efforts. 👍🏼
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•@TradingHase Yes, they are not profitable and are still in the early stages of growth. But they can scale well and if they continue like this and manage to reduce the loss ratio, it's only a matter of time. I was also involved with $HIMS and $SOFI in the initial phase and also with $PLTR where they were not yet profitable and many doubted that they would be. But as soon as this happens, there is usually a revaluation and a strong inflow of capital, as many funds are then also allowed to invest.
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•@BamBamInvest I would also like to really hit this point in time 😁
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•@TradingHase Yes, but that also requires a lot of patience and risk, as I'm going in for the kill several times in tranches and you have to be prepared to buy more. It sounds simple in theory, but when everyone is predicting the end of the world, it's not as easy to implement psychologically as it sounds and requires patience. I was already down 50% with these positions and then topped up further, but it also depends on market sentiment.
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•@BamBamInvest Yes, it's not easy and I completely failed with Social Chain. You can only use it for going to the toilet.
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