T O P
AltruisticCurtains

I read this each week for ideas, if others are interested: https://thebull.com.au/18-share-tips-30-may-2022/


WowVeryJosh

> broker recommendations Ah so these definitely will be in the interest in the public and not used to create exit liquidity


AltruisticCurtains

As a general rule, I'd suggest taking broker reccos with a grain of salt, undertake your own DD etc. That said, sometimes I've come across something I wouldn't have otherwise.


WowVeryJosh

In a bull market I would agree, but with all the chop and hints of firms being overleveraged. I prefer to stay the cynical cunt I am


AltruisticCurtains

It's fine to be a cynical cunt, I have a fair streak of it myself. I like to get ideas of different sectors and stocks from a range of sources, do my DD if something resonates, and then make a decision based on the DD.


sneakycutler

Expecting the portfolio to make a 4-6% gain tomorrow. 🤞🏼


raegrog

That would be juicy 🙏


Wannaliveinpenthouse

Fuck kids next to my KFC table is having a interview, they ask him use three words describe yourself , answer in my mind was autistic, clumsy, nervous. And my experience is primarily gamble in ASX. One day if I am bankrupt I might not be able to eat free KFC…


BuiltDifferant

Hate how they do that maybe bring them into an office not on display like a piece of meat


Wannaliveinpenthouse

I actually don’t mind where it takes place but some retarded question really annoys me like what do you think our company value. I am here to work and get paid who gives a fuck about company value those phony shit.


ChZakalwe

With an attitude like that, you're never gonna get hires at KFC


Wannaliveinpenthouse

True that’s why people need to be creative and good at acting


AltruisticCurtains

Your AFR [pre pre-market](https://www.afr.com/markets/equity-markets/asx-to-rise-as-investors-prepare-for-gdp-data-20220529-p5apbq) touting good things: **ASX to rise as investors prepare for GDP data** Australian blue chips are set to lift on Monday after a powerful surge in US stocks on Friday and ahead of economic growth data that will help define the path for interest rates as central banks combat inflation. Australian share futures traded 1.2 per cent higher at the weekend, indicating a buoyant opening to the market on Monday. The S&P 500 benchmark of US blue chips closed 2.5 per cent higher on Friday, pushing the index 6.6 per cent higher for the week, its best since November 2020. The advance snapped a six-week string of weekly declines – the worst run since 2001 – as technology stocks surged. On Tuesday, the health of the Australian economy will be revealed when March quarter gross domestic product data is released. Consensus forecasts peg quarterly growth at 0.6 per cent, or 2.9 per cent on a year-over-year basis, in a period overshadowed by the effects of the omicron strain and heavy flooding on the east coast. Commonwealth Bank economists share the consensus estimates, saying “growth will be driven by a solid 2 per cent lift in household consumption”, while “public spending and inventories will also support growth”. National Australia Bank, meanwhile, anticipates March quarter growth to fall short of forecasts, with its economists priming for a reading of just 0.1 per cent for the quarter, as a pick-up in exports weighs on growth. “Regardless of a softish quarterly result, the near-term outlook for Australian activity remains strong,” NAB said. “Consumption should lift further in the coming quarter as omicron and flood disruptions pass, before beginning to normalise later in the year.” **Wages focus** Investors will zero-in on the wages component of the data given its role in driving Reserve Bank policy decisions. Wages are among the stickiest costs facing businesses and when they rise consistently it can transform higher inflation from a temporary burst to a prolonged issue facing the economy. Weaker wages growth will lessen the likelihood of more aggressive central bank monetary tightening, while a more strident reading will pressure the RBA to tighten.“ Labour costs will be of relevance due to the current inflationary context and implications for monetary policy,” said CBA economists.“ We expect labour costs to show wage pressure forming but to confirm that Australia is not facing the wage-price spiral seen abroad.” CBA anticipates the data will “not alter the path of monetary policy”, and that the RBA will raise the cash rate by 25 basis points at its June meeting, following an increase by the same margin in May. A soft reading on wages data would support the most recent wage price index, which showed wages grew by 0.7 per cent in the March quarter, shy of forecasts. New jobs added in April also fell well short of estimates, but helped to maintain the jobless rate at 3.9 per cent after the measure was revised down for the March quarter to the lowest level in 48 years. The March quarter GDP data will also provide clarity on the challenges facing the new Labor government, after its election victory in a campaign that focused on economic issues, including cost-of-living pressures. Last week, Treasurer Jim Chalmers said Australia’s “dire” budget position and “skyrocketing” inflation would dampen some of its spending commitments. The comments provide some confidence that the government “will manage the budget responsibly,” said Shane Oliver, chief economist for AMP Capital. “High inflation argues for smaller deficits to take pressure off interest rates. “Higher commodity prices and lower unemployment still point to better budget numbers ... but the deficit and debt projections are still too high and rely over the medium term on optimistic productivity growth assumptions.” **Commodities prop up ASX 200** The S&P/ASX 200 has fallen 3.5 per cent this year, dragging the blue chip index down 5.8 per cent from its peak in August last year. The local sharemarket has, however, outperformed global shares, in part because of the buoyancy of commodity prices. Mining companies, which make up roughly a fifth of the blue chip index, and the squeeze higher in the price of energy commodities – iron ore and even agricultural commodities such as wheat – have helped the sector avoid some of the pain facing other corners of the sharemarket. Commodities have rallied this year, in part because they are a popular inflation hedge, providing investors with exposure to the raw materials that power economies, and also because of the war in Ukraine. Ukraine is a major agricultural exporter, while sanctions placed on Russia, a major producer of oil, gas and iron ore, have squeezed those commodities higher. “Shares are likely to see continued short-term volatility as central banks continue to tighten to combat high inflation, the war in Ukraine continues, and Chinese COVID-19 lockdowns \[drive\] fears of recession,” said Dr Oliver.“ However, we see shares providing reasonable returns on a 12-month horizon as the global recovery ultimately continues, profit growth slows but remains solid, and interest rates rise but not to onerous levels.”


sneakycutler

*So you’re saying there’s a chance* … 😏


[deleted]

[удалено]


rsoule878

We send the grinds to Sydney for recycling


sneakycutler

Brisbane gets shit coffee in exchange for great beaches and constant sun ☀️


Man_of_moist

We’ve had nothing but constant rain up until today


Call_me_a_noober

Man\_of\_moist reporting rainfall feels about right...


ChZakalwe

You day that like the bigger (and more legitimate cities) haven't got better beaches.


BuiltDifferant

Where do you get your cup of joe?


WowVeryJosh

AVZ's dramatic season finale this Wednesday, 10am!!!


Mr_X2017

Extension ✖️ ♾


sneakycutler

Whatever happens, It’s got like a +3% NASDAQ tailwind 😆


WowVeryJosh

It's also got the -20% the nasdaq did the last two weeks to catch up on


sneakycutler

Hey hey … ups and downs. It’s all part of the game


spank-hair

For anyone playing at home: my power is back on 😎! Landlord had changed numbers and not told me. Got my email, reached out to me before I was going to contact an electrician this morning (after the subs advice, thanks!). Turns out it wasnt mice. A service fuse had blown. All fixed! I have power and hot water again. Green Monday confirmed. Or at least now I can charge my devices to watch my portfolio go red. Thanks for the fucking concern and advice - wasn't expecting that much useful info! I was just having a fuckin' whinge. Thanks you lovely cunts ❤ EDIT: ahh GO, IXR XTC! Get pappa a new pair of bathing trunks.


BuiltDifferant

Yay the good prevail


shitredditsays01

Green monday confirmed!


raegrog

Expecting June to be a busy month for CRR, ESS, EXR, and WR1. Rockets please 🙏 ESS and WR1 should have assays from recent drill programs, CRR will most likely update us weekly, maybe a left field MOU or something. EXR hopefully with a good monthly update that identifies a new sub basin with more information on pilot production and maybe some hydrogen news. HOPIUM


poptartape

u/username-taken82 permission to be unbanned for 1 day on my Reddit birthday?


WowVeryJosh

Real birthday exemptions only. To confirm we will need a copy of your driver's licence, your Medicare card and your mother's maiden name.


poptartape

Let me just go grab them


sneakycutler

> use information to logon to his Commsec > sell all his holdings > buy ZIP


poptartape

Dog as! I’d rather buy ANL, receive the chess holding statement in the mail, roll it into a paper dildo and insert it in my ass than be a zip holder.


litres-of-cum

do you think you’re better than us?


poptartape

No Mr Cum, I do not sir. Please don’t try and lift the TV above your head.


username-taken82

When does your ban start?


poptartape

Technically not till you ban me so maybe I can hide in the shadows till you work that out.


username-taken82

It involves logging in to Mod land and checking out the list ✍️ ✍️ ✍️ That’s not a weekend job.. u/mcfucking do you know off the top of your head when we ban this pop tart?


mcfucking

It'll be next bans post. [They've still got a few days till lose](https://www.reddit.com/r/ASX_Bets/comments/ubfuhl/premarket_thread_for_general_trading_and_plans/i64fhrt?utm_medium=android_app&utm_source=share&context=3)


Mitchuation

Heresy


Ok-Penalty-7046

Today is simply just foreplay for what's coming tomorrow


Calm_Lengths

So a whole lotta grey?


Markma1989

Nothing happened today.


too_many_wines_

I've been a bit quiet because of the red days but also because I start my new job tomorrow. Still designing bridges, don't worry. I hope I make friends but more importantly I hope someone tells me which is the best local sushi place for lunch. For the sake of relevance: VML to the moon!!


kervio

Hope it's a cracker of a job! Good sushi can be hard to find. One of the best I have had was an unassuming little suburban one run by koreans and they just had access to the most amazing variety of quality fish. I had some really good stuff there.


WowVeryJosh

High quality kingfish you say??


kervio

High quality sustainable kingfish from clean seas was just the tip of the iceberg.


too_many_wines_

Thanks for the advice but I'm not sure about it given your flair...?


kervio

You are wise not to trust me.


BuiltDifferant

I too have preference work sites based on nearby sushi for lunch.


too_many_wines_

I can eat ramen if necessary but I eat at my desk when I'm busy and eating ramen at my desk just isn't an option.


poptartape

Good luck mate


too_many_wines_

Thanks friend!


Markma1989

Sushi sushi


too_many_wines_

Thanks but I'll still ask around and see where people got food poisoning recently. Beginning to think I live in a dodgy corner of Sydney, now that I typed that.


AltruisticCurtains

G'luck with the new job. Designing bridges sounds fun.


too_many_wines_

Thanks! Hells yeah it is. If you ever need a career change, structural engineering is awesome and not at all nerdy I promise.


poptartape

What do you think is the most needed resource in the next 10 years?? Rare earths, graphite, lithium, nickel etc I’m leaning towards rare earths at the moment.


ChZakalwe

Labour. Go out and have kids people!


Triog0n

Food and iron ore. People need to eat and people need homes. A lot of other minerals demand can in a small way be fixed by reducing needlesss consumerism and doing more recycling.


Retired-Wiggle

Food and fertilizer probably. More people than ever and everyone wants to eat.


poptartape

You in MNB?


destined2bepoor

Potable water. Without it, everything stops.


[deleted]

Water yes. Most people don’t realise the age of water. Water from a well could be a 100 years in the making. Predictions are scary for parts of the world.


poptartape

You expecting it to not rain for a long time?


destined2bepoor

Potable water as a resource has been running out for years. Droughts are lasting longer, more people= more water shortages. Nearly everything that is mined needs water to mine and process it. Companies are buying up water rights everywhere to ensure they have enough water for them, usually at the expense of the people that live in those regions. Not to mention everything else that makes water valuable. Forget terrorism, the next world war will be over the control of water.


poptartape

Now you and Michael Bury.. hmm must be a thing.


[deleted]

[удалено]


poptartape

The big short


cobblecreekroad

Nickel and Palladium. (Sprinkled lightly with a dash of hopium)


AltruisticCurtains

Integrated port logistics services: SLH Salmon and prawns: TGR Fertiliser/carbon credit farming: RLF Oh, sorry, I appear to just be reeling off random tickers from my portfolio. What about fillers and laser hair removal? SLA


timmheey

Tin. It's overlooked at the moment with EV metals in the spotlight. But as we get in to new technology, we will need more tin for use in solder. It's predicted that once production ramps up for EV, solar and all the new rebotics we need ALOT of tin. Tin it currently looked as an industrial metal at the moment. In the near time I believe it will be one of a critical rare metal moving forward.


AntiCGT

Sand


tokenofficeblackguy

Amen brother. High quality silica sand...


WowVeryJosh

*Sand Mafia has entered the chat*


Markma1989

Just say you bought ixr.


poptartape

Haven’t. Would if it keeps dipping lower. Maybe meet the 200 day MA. I like SVM for graphite but haven’t done anything about it yet


spook1205

Iron ore and oil


BuiltDifferant

Grain


Calm_Lengths

Fish guts


[deleted]

Poo


YouHeardTheMonkey

FLC? Chinese poo?


logofpoo

Permabull on Chinese poo. They make incredible product.


cobblecreekroad

Fluence isn’t bankrupt yet?


YouHeardTheMonkey

🤷‍♂️ don’t hold. Quick glance at Q1 22 update says 31mil cash and forecasting 3mil EBITDA. Must have turned their shit around.


SweetBiscuit

Roughly $76mil AUD in cash and short term investments. They report in USD.


cobblecreekroad

Impressive pun, consider me an investor.


Blisser_the_Sniff

Boomer graves


spook1205

Gen X are the next boomers.


Retired-Wiggle

Wonder what will be worse. Entitled boomers or nihilistic gen Xs. A real roll of the dice there.


kervio

Gen X are fine. They are too depressed to cause any real problems.


[deleted]

Ever met a Vietnam Vet? They tick both boxes


Crumpy88

Deez


sneakycutler

Still think it'll be Iron Ore. Almost everything is steel. Virtually all transportation, buildings, and infrastructure. If the questions was which resource / metal will have the biggest growth rate, that's another story - i'd wager it'd be lithium/graphite.


matt_step

This is why I hold FMG and taking a (massive) punt on HIO.


sneakycutler

Why not BHP may I ask? (just curious)


matt_step

Sure - I’ve only got so much capital haha! That’s honestly it, otherwise I’d own both. I also wanted at least a speculative iron ore play for outsized returns (losses) hence HIO so that took a good amount of $ to get a position I was wanting.


AltruisticCurtains

And you can't have steel without coking coal (well, you can, but mostly coal is used). So, coal.


sneakycutler

Yeh coals a legitimate one too. I think it grew 600% the past few years.


gi_jose00

CRN 🙌


Mr_X2017

🙏🙏🙏


WowVeryJosh

I've heard there's a strong opportunity in Fiji Kava


poptartape

Good for growing your calves apparently 🥔


staytha

Pairs nicely with dried ling maw


Meaty0gre

Hopium


check_meat

Well I'm betting on rare earths and graphite being in high demand but what does "most needed" really mean? 10 years is a pretty long time to predict iron ore demand, silica etc. Gas will likely play an important transitional role in the coming years. But as mentioned elsewhere food is number one by any definition. The world has an issue with loss of top soil too. And fresh water well that's probably a catalyst for wars at some point in the future. Back to the others you mention if you're talking about volume then less lithium is needed than graphite for cars and other battery units. Rare earths have multiple applications such as up to a tonne in a wind turbine as well as being used in the ev sector. RE however is talked about in hundreds of thousands of tonnes, though obviously growing. Meanwhile Australia alone sells well over 800 million tonnes of iron ore annually so yeah some big catching up to do


ewanelaborate

Does it give you the shits as it gives me the shits, smart money has been buying up farm land to finiancialise a potential food crisis,


check_meat

Yes that gives me the shits, it's like capitalism meets feudalism. Also the concept of corporations controlling access to important water resources is pretty horrifying


BuiltDifferant

Meanwhile u/kervio Is secretly hoarding fish for the food crisis


kervio

No need to hoard them, there are plenty there for when the riches start charging too much. 👍


BuiltDifferant

You could become the fish lord Modern day Pablo escobar


kervio

Only if cocaine was freely available at all times, just swimming around out there waiting to be taken. Maybe I need to return to Australia and then enact this plan... there's more people and less fish!


BuiltDifferant

Sushi restaurants will be gracious. Also other restaurants


kervio

Ten year plan taking shape. Gotta have something to amuse me when I retire and live off my iron ore divvies.


BuiltDifferant

GRR?


SatansFriendlyCat

Suckers. The lifeblood of the market.


check_meat

And highly commended: fomo, greed, greater fools, shoe shiners/uber drivers.


SatansFriendlyCat

Oh, good call on the shoe shiners and uber wranglers especially.


Delicious_Smell_9254

Food


Texas_Tom

Kingfish?


shitredditsays01

wadah


Apotheosis

Added an update to the HVY DD post: https://www.reddit.com/r/ASX\_Bets/comments/urq3o4/heavy\_minerals\_ltd\_hvy\_dd\_may\_2022/


[deleted]

[удалено]


[deleted]

It will pump. Mark my word. I never underestimate the collective stupidity in markets


WowVeryJosh

Bagholders are getting a golden ticket to get out.


Meaty0gre

I'm actually going to short term yolo into this


BuiltDifferant

I was thinking the same cheeky 10k day trade


Meaty0gre

Trump will make this rally hard


AltruisticCurtains

I'm tempted. Anyone know why it dropped so much post-COVID recovery? EDIT: Looks as though they're growing and finally profitable with strong potential for further growth across a range of markets, but the fundamentals are not great. Swing trade only, but I think I'll pass. EDIT 2: Not actually profitable yet. Underlying EBITDA was profitable for year end 2021. Overall, still operating at a loss.


WowVeryJosh

Not profitable according to their last quarterly


AltruisticCurtains

Ah, gone backwards then. I looked at their 1H 2022 report from Feb which boasted delivery of first profit, increased revenue and margin.


WowVeryJosh

I haven't read previous quarters to know if it's backwards, but they lost $6m in the most recent quarter because cost of production was more than sales. I don't know if there was unsold production which might explain the difference. But it seems so far they haven't reached the scale of production to be cash flow positive yet


AltruisticCurtains

On closer review: "underlying EBITDA profit" is touted. Not profit proper.


WowVeryJosh

The classic profits before expenses, taxes and other goodies


BuiltDifferant

Same reason as A2M I believed


AltruisticCurtains

Why did A2M drop?


BuiltDifferant

China was moving away from Australian products and taxing them more I think. Had something to do with diaglou or whatever it’s called


shitredditsays01

> A2M I wonder if our new PM will bow down to china.


WeatherOutside

Like buy at open and should increase throughout the day?


Massive_Button9434

Bit of chatter in here earlier about Tom Cruise actually doing the flying in the new Maverick movie…… Apparently not….. https://fortune.com/2022/05/26/top-gun-maverick-studio-paid-navy-11000-hour-fighter-jet-rides-tom-cruise-not-allowed-to-touch-controls/


litres-of-cum

Little guy, little cock, little brain, massive ego.


sneakycutler

Nah mate that's unnecessarily hard. One of the best and hardest working actors around, who actually does all his stunts. From being able to fly helicopters, aerobatic planes, drive F1 cars, solo sky diver, he does the lot. This stunt in the previous M.I was crazy amazing (where he holds onto a plane during flight) https://www.youtube.com/watch?v=afS5ks54tms


litres-of-cum

His stunts don’t mean much to me given that he’s a wanker.


Retired-Wiggle

He’s a massive twat, but the guy fucks. Gotta respect the effort he puts into it all.


sneakycutler

I can see how he can be viewed as weird with his scientology shenanigans, but every actor he’s worked with has only ever praised him. Like, when have you ever a colleague bad mouth him? 🤷🏼‍♂️


kangaroute

Lol, and yay, the caarn is such a fake. Like most hollywoodies , and hes sold his Hollywood soul to Scientology too. mum said he is a fake unit. Mum’s don’t lie. DIOR GALAH BBQ BIRKIN ETC.


Texas_Tom

Your mum don't know shit


CokRing

how has no one mentioned this but Biden just pumped $BUB on twitter. now please pump my asx dogs please.


jtrulerededit

https://www.smh.com.au/business/companies/milk-from-down-under-australian-company-secures-approval-to-send-baby-formula-to-the-us-20220528-p5ap8z.html One of my first investments and paid 96c.


Fruityboy

GAL heading to $2 who's coming?


The_Purple_Eagle

Sorry mate you're on your own this week.


[deleted]

Word on street is big boys starting to lend stock... RIP


Crumpy88

I already came, sorry.


SunkDestroyer

Never been to an engagement party in my life but today I’ve got two! Me and the best mate about to eat ourselves into food comas and crack some brewskies🍻. Surely there will be some babes at one of them 👀


sneakycutler

Any tendies on the buffet?


[deleted]

Talk to them about macroeconomic trends and how you're all probably fucked because you were born to late with too much freedom but not enough economic security. Works everytime.


SunkDestroyer

😂😂 “So how many houses are you going to inherit? And how long are your parents going to keep kicking for?”


JoelLilly

Are you dugsab


sneakycutler

That name gives me trauma. Trauma of how annoying a cunt can be.


[deleted]

🤣 you mean the LKE bull?


WeatherOutside

I spewed in the dunnies at my best mates one at the local yacht club and they told me a few years later they lost their bond coz some asshole spewed up. Mum’s the word.


Massive_Button9434

That’s BS You host an engagement, vomit is an expected outcome. Share the address, I’ll head there now and jam my fingers down my throat


anonbrowser_

Take a dump in the urinal while you're there. Or at least a reverse kanga.


Known_Signature7341

Bad weather inside too


kangaroute

goodluck. Be respectful. Talk about cute dogs- don’t touch yoor phone. Just b reddi to dump that wing man if it’s going well. A pissed wingman is responsible for 77.65% of failed rompings.


SunkDestroyer

Cute dogs you say ??


Denominator_K

Not the ones in your portfolio mate


besttesterer

Who has that lithium spreadsheet link? Swiftie?


Call_me_a_noober

It was a u/WowVeryJosh masterpiece..check his profile 👍


WowVeryJosh

[Quick link if anyone wants](https://youtu.be/dQw4w9WgXcQ)


bah_nah_nah

This link made me go all in


[deleted]

Josh, I took a look at this the other day mate. Very impressive stuff, much appreciated


besttesterer

👍


BrettoStevens

Dunno about anyone else but watching Deepwater horizon made me boycott BP and I never buy their fuel anymore and will continue not to. Other companies have probs done the same but idc, seeing people get away with stuff like that grinds my gears


cobblecreekroad

You could always do an Exxon Mobil and rebrand as Ampol. Genius.


[deleted]

Thanks for that - New York Times article on Deepwater that the movie was based off: https://archive.nytimes.com/www.nytimes.com/2010/12/26/us/26spill.html


Meaty0gre

BP are like a saint compared to some of the other companies.


BrettoStevens

I also no longer shop at Coles because of recent news about certain 'people' who get more leave for no reason...


asxist

Finally asxbets members taking a stand against the scam that is paid parental leave


Massive_Button9434

Haha what ? If it really is about paid parental leave, I have 2 kids and missed out on it for both. Also never qualified for a first home buyers grant So everyone can get fkd


SatansFriendlyCat

It's a storm in a teacup about Coles offering 10 days leave to trans employees in circumstances a little unclearly defined, but specific to trans people.


asxist

Nah he's talking about coles giving trans employees an extra 10 days leave to support them with their gender transition. They way he phrased it though can be interpreted as any number of initiatives used to support people when they need help but it's this one in particular that he's taking an issue with.


kangaroute

Upvote for your logic and that I ain’t never had assistance for nuffin neither. iffn I had assistance, I might hold bhp , but alas….


BuiltDifferant

Go woke go broke They were looking for a new staff member at work and they hired a girl solely to be more gender diverse. I don’t like that shit. Just hire who’s best for the job.


Morrrris12

I’m old. I worked for Telecom Australia. Techs, linesman, cable assigners were all male, women wouldn’t be considered for the job, they were relegated the shit jobs with poor pay. Once a woman married they had to resign. That wasn’t so long ago in the scheme of things so throw us a bone, Different.


BuiltDifferant

Honestly it was a office based role. I was told specifically they hired a new girl to be more diverse which I found strange.


StaffordMagnus

So why should men of today be punished for shitty work practices in the past? Fairly certain that only North Korea punishes children for the sins of their parents.


Morrrris12

Is it possible that the older males making the hiring decisions have been beneficiaries of this paternal bias and are subconsciously continuing the culture?


StaffordMagnus

Ok, so again, why should males of today be punished for actions of the past?


Morrrris12

Is the correction and reform of historical discrimination a punishment for men? Is ensuring diversity and equal representation in the workplace really a punishment targeting men?


StaffordMagnus

Yes it is, because you don't use historical discrimination against women to discriminate against men of today, how is that right or just? Would you feel ok if you were punished for the sins of your forebears? Preventing men from applying for work based on their gender is absolutely discrimination, and there is no excuse that justifies it.


Morrrris12

Yes, I see your point. I rather like my position as a rich white self-entitled Karen too and I’d want a word with the manager if any upstart minority dared to threaten the status quo.