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I haven't been following this thread for awhile, was in Spain for 5 weeks. Not even sure where your response is coming from, I'll assume it's because I write lazily, it takes too long to actually get somewhere with someone vs tete a tete. I just thought it was funny that people were arguing against you that 10-15 million illegal immigrants in 4 years didn't increase rent/housing prices. Obviously that could only be true insofar as there was housing added in proportion to the the increase in buyers/renters and assuming that we weren't already building to few homes in the first place. It's really pretty simple, would plus 15m people, leave immigrants out of it, or minus 15m people, make a difference in housing prices/rent? For the former, yes it would, except in massive oversupply, and the latter yes it would except in extreme under supply, some areas would be hit more of less than others. There can be a debate about the weighting of it, but that's not really what was being discussed. Anyways, cheers, I'll go away now.

I don't know, but my guess would be that FIH and FFH will jointly control the bank holding firm and IDBI and other Fairfax Financial investments will be sister entities under the newly formed holding firm which will be private. IDBI, IIFL Capital, IIFL Finance and GoDigit will continue to be listed entities with a common promoter. That will allow them to legally structure the RPT's and gain operational synergies within the different entities. The external investments required for the privatisation deal might be raised directly at the IDBI level.

Europeans have wonderful culture, art, traditions and spectacular beauty. Americans TRULY admire those aspects of Europe. We hope you can keep all of that in the face of a radical Islamic invasion. Americans know - we are dealing with the terrible effects of open borders...and climate change non-sense destroying productivity. And foreign outsourcing of our jobs at the expense of our citizens. But you will have to make your own decisions about your future - and decide whether your leaders really care about your own citizens.

Not at all. We are brothers with Europe. We're just sick of Europeans constantly talking down to Americans while doing nothing for anyone else. Mostly what comes out of Europe is all talk - no action. I sincerely hope that changes one of these days.

Ha! If he does - I love that guy too - cause he's made me a fortune!

I really did enjoy your Rick Steves Travelogue on Chicago, a city I lived in for 20 years and just LOVE. Your stories about how "safe" it was - in spite of 30-40 shootings and usually 5-10 or so deaths every weekend. Do yourself a favor and don't send your daughter or son to those neighborhoods. Just post us your cartoons from your next trip and that will do.

Well, there’s certainly no doubt that you pick your own lmfao

I have no idea what this means - but that's ok. Offering up some real solutions/ideas on the housing crisis would help you a ton.

Also, 2nd illusion to John D Rockefeller being the greatest capital allocator of all time by a BRK board member recently. Chris Davis also said in an interview the future of BRK will be like Standard/Exxon in cap allocation and keeping its culture.

You need serious professional mental help. You're entirely too disconnected from reality. At this point, I'm 100% convinced that someone feeds you investment ideas.

Thanks. Great news.

Yea not sure what that was. Did England really go into H2 thinking, “let them have the ball for all but 5 minutes” was gonna work? Messi stood head and shoulders above everyone else on the field in the second half.

In the end less violent than I expected, and luckily no controversial fouls or dives related to goals. Both played rough but fair given the stakes. Great comeback by Argentina, taking more risks than England and outplaying them for almost the whole second half.

Placing that kind of constraint on smaller charitable foundations is probably not what Buffett intends. Legally, I believe charitable foundations only have to spend 5% of their assets each year for charitable purposes. Buffett will probably impose lesser requirements on foundations run by his family members than he did on the Gates Foundation.

Lmfao I wasn’t kidding. Weren’t you bragging about sleeping with homeless people at a No Kings Protest? Talk about taking shit too serious and letting folks get in your head. Maybe stick to body painting with hippies

Looking at the form 4 filing, seems likely Berkshire has repurchased $9bn so far since 1q26. It is an estimate and might vary between $12bn and $4bn given decimals. But good news.

LOL, another delusional douche pops his head up. Don't project your grand old pervy shit on me.

Does American cheerfulness and optimism include systematic reviling against Europe on internet forums?

I've already done that but you seem incapable of seeing reality. Seek professional help. While we're at it, would you care to regale us with the story of how you went from being a birther to a ladder puller?

Wow they are good at the end! Hopefully Spain can stop a repeat of this guy.

My problem with using earnings as my main valuation method is that for all intents and purposes it requires an assumption on ROE. If I’m going to use ROE anyway, then P/B seems like a better measure as it’s less variable than earnings. The accounting rules for significant influence and control positions also understate earnings (and BV) while my expected ROE can smooth that out by having an expected return for the equity portfolio. EPS is used by most investors and analysts provide easily accessible (albeit conservative annual estimates) so it has to be part of the conversation. Float + Book Value or Total Investments per share are ways to eliminate needing to estimate earnings or ROE so arguably more objective. Of course, we never plan to buy shares at intrinsic value but presumably margin of safety is higher when the discount is big. This would be a tougher bet to make if I was worried about reserving but I actually think they are over reserved.

Didn’t you travel to Chicago to rub and tug homeless people and eat pizza to prove to Trump that it wasn’t an unsafe shithole lmfao?

Sorry @John Hjorth. Good to have a laugh every now and then

All out of cartoons?? Try a logical argument for once, it will help exercise your brain.

“5th? hold on, it’s 3rd largest” Come on Becky would it hurt to read a letter or two since interviewing him is your whole career? At this point aren’t they just friends? Why does she do the fake hardball stuff? WB likes her and I guess that’s what matters. WB was almost unbelievably great. Very touching when he was explaining his leg and just said I’m happy I was born. Reminds me of my grandparents at the end. Every time you turn around they break something and it’s just frustrating.