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It's just great!, @Paarslaars!

Is this a usual way talking about, dubbing European tourists in USA among Americans? - I'm just asking.

HaHa! [-Fun at 5:30 AM here Saturday morning! -Best part of the day in the heat wave!] -I suppose it is Greg @Gregmal, NJ, not Greg [ @Gregmal ], NW FL [Joe Land], posting

The dildo of consequences rarely comes lubed.

If you have a choice between flight and fight, choose flight every time.

I am afraid that you are thirty years too late. I would argue that given the insane immigration, UK, Ireland, France, et all are low trust societies today. If you go to a small town in the US, you will see a high trust society, NYC is not a good representative of the country as a whole.

I love how all the left-wingers who claim to be open minded always insist on jamming their values down other people's throats.

Yes

Yet EU's GDP is 2/3 of US GDP. US is clearly leading in market cap and hyper-growth startups. What's the comparison of Mittelstand?

Spek, I know plenty of people who summer in the Hamptons every year for two months and have not been to Europe in decades. Check out how much it costs to rent a house in the Hamptons for the summer, compare it to the cost of spending two months in Greece/Spain/Portugal/Italy. You will see that it's not the lack of money, it's the lack of desire to stand in two hour security lines in Paris Airports, zero air conditioning in Europe, and having to buy timed tickets to visit any sort of attraction in Europe these days. Europe is dirt cheap compared to the US. When my first son was born, I wanted to take the family to Maine for the summer, when I looked at prices, I realized that it would be cheaper to fly business class and stay in Ritz Carlton in Spain than to stay in Class B hotel in Maine. It's not that Americans cannot afford to go to Europe, it's just most don't value what you get in Europe - European culture, heritage, architecture and food.

My point was in the face of our pessimistic atmosphere, foreign visitors seem to be having a very positive experience. “And in the middle of this humid, oppressive gloom? An unexpected, fresh burst of globalized joy, a spasm of multiracial harmony, and the real shocker: a broad, genuine outburst of love for this country, its big-hearted people, and its unsung prosperity. No one expected the World Cup to be much of a draw this year, and many were afraid it would be an almighty flop, given the global atmosphere and you-know-who. But here we are. It’s the one obvious, uplifting, positive thing going on, and it feels like a fucking tonic.”

Alright up at 5AM to watch the Belgium game, they better show up this time!

Totally. You can always tell the finance guys by the ones whom make money every which way but from the actual investments working out. Fees, marketing, newsletters. That s what I found ironic about all the Elon Musk hate. These guys who are mainly just leeches are pissed that their button push wasn’t successful so they root against, bemoan, and routinely slander a guy who’s created more on any random Tuesday than they will in their entire lives….

My favorite: If it's stupid and it works, it ain't stupid

When I was at Yale doing my undergraduate degree, I met a guy from Ethiopia who was a fellow student. He was a year older than he was supposed to be based on his class, and the reason was that he was left to repeat a class in Ethiopia when he was in kindergarten. Teachers in kindergarten had thought that he was retarded. The guy was an engineering major. Just because people think you are a retard at age 4 does not mean that you are, you may turn out to be smarter than everyone else, just wired differently.

This is the most European/EU news story ever...shut off AC for lower level workers at the EU, but Ursula and her staff on the upper levels get to keep their AC on. AC for me, but not for thee. Just like Davos where all the private jets fly in to discuss climate change...

“Friendship is like money—easier made than kept.” —Samuel Butler

LOL! Cheers!

That's awesome! They should do that on our Skytrain, which is above ground for most of the route to Vancouver. Cheers!

There's millions of these guys. The whole industry is built on institutional analysis, sales and service fees. It's what gives us an advantage over everyone else because of this. My investment partner said something really accurate this morning while we were discussing deal negotiations and how there is a real lack of creativity in deal financing. He said: "Finance guys always think they are the smartest guy in the room...and they just aren't!" Cheers!

SPGI is spinning off CarFax. One share of the spinco for each share of SPGI. It's coming in few days. FIRY is waiting to find out if someone is appealing the judgment on a lawsuit that is a verdict several times it's marketcap. Will find out in about a month. POWW is repurchasing shares. The CEO had recently tried to sell the company to the employees through the ESOP but changed his mind, so the buybacks might be aggressive to accomplish the same thing.

Reminds me of the old saying, "A months travel is worth a year in university." "There is no substitute for the real-world education, adaptability, and personal growth that comes from immersing yourself in new cultures, navigating unfamiliar cities, and stepping completely outside your comfort zone." But those who go to a foreign resort and never leave the grounds are not included.

The confict isn't over. Iran would be wise to wait for SPR to continue to decline and strike closer to midterms in order to inflict max pain and extract more concessions. Trump and Bessent are taking the risk that they won't ever need the SPR beyond the next couple of weeks. The market might be pricing in a glut barrels from VZ and from Iran post-conflict but we have to get there first. $69 is a nutty price when new ships aren't entering the gulf for new loadings and US and Iran are still in a shooting war. The crowing of the nothing ever happens crowd seems a little early.

No, but this guy, masquerading around as a professional and as a “successful investor” feeds people this bullshit constantly. His performance is disgraceful, as is the relentless marketing of his “theme scheme”. Anybody who’s taken this guy seriously has likely been harmed financially.

Something to think about. These Europoors, seem to be just average people can afford to travel 4 weeks through US, pay for multiple airplane tickets, expensive Worldcup games and see more of America than many Americans have. Only roughly half of Americans have a passport and only 10-15% have been to Europe. Those Americans who can afford a Europe trip typically do a 7day trip and scratch of the tourist traps in Paris, Berlin, Rome and Amsterdam. So who exactly is winning here?