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The huge buybacks in June give us a strong hint at their analysis of capital allocation. They spent about $800 million USD on those buybacks that could have been used for other purposes, investments in bonds, equities, minority buybacks etc. Gives you a sense of how overvalued the markets are in their (and many other people's) minds. I'm interested to see if they sold BB to fund any of this. Secondly, I think we have an option to purchase minority interest in Allied World this summer/fall. I wonder if this buyback is instead of that, or in addition to that investment. Always interesting times at Fairfax.

There's a difference today though, the will, attention, spirit, and claims of success or failure of much of the US goes wherever Trump takes it. Even if its something that is blatantly false, whimsical, or fantasy - these successes, grievances, or whatever are spoken and written over and over again. Elections stolen, wars claimed won...these absolute claims come and go by the moment with Trump but red cappers are there for every step whatever the direction. When evidence proves overwhelming to such that it is impossible to escape then it is always default to tell a story some long ago liberal. Trump owns this era. He sells fabulously, success such that demand that his name must be in the title or subject of every ad or conversation. He sells a bizarre array of stuff - crazy fake stories, convenient fraud and scam, he sells that US white man fear- thus aggression- has the means to dominate the world. If you are younger, even as old as I am, it is relevant that Trump isn't likely going to live too much longer. I'm very interested in the post Trump world myself, it could get very interesting. Almost none of what Trump sells will sell well once he's gone. That's where the stimulating part of the story arrives. Nobody can sell the junk that Trump does, not even close.

Is that at all relevant to the topic at hand? Yes. I've lived in Europe and worked for a European firm for a brief stint. I've also traveled there for fun many times. I want good things for Europe and my problem is that its leaders have hurt Europe in big ways. Look at German industry for an example.

@Dalal.Holdings Have you been once in Europe? @John Hjorth After the german heat, we are travelling in one week for 3 weeks to Denmark (Vrist). Any recommendations for our holiday?

Yup, not that hard to figure out. Take it any further and you have all the ingredients to eliminate and punish political opinions.

The hilarious part is all these NATO leaders treating the revolver as if it were radioactive poison. https://www.turkiyetoday.com/world/what-nato-leaders-did-with-erdogans-revolvers-from-airport-police-to-museums-3223599

Yeah, they've been spot on @Blake Hampton "Disaster ahead" LOL Add the Washington Post and NYT to your list.

Your post is highly convoluted and makes no sense. We Americans like to keep things simple. Free Speech is Free as long as there is no libel (with a high bar) or threats of violence. It's our First Amendment for a reason. Europeans should just admit that they do not have Free Speech.

@Dalal.Holdings, There is much more to it than that, it has more dimensions. Each countrys supreme court draw the lines, and those courts do it based on the courts assessment of what's acceptable behavior, based on norms and custom behavior - and the limits of that - in a given country. I'm professionally raised under more, much more!, demanding requirements by the national professional body than that, where I've over the years seen Danish CPAs fined dearly [off court, no possibily for appeal, pay the fine, or get the boot] for behavior, that isen't by Danish law illegal. - - - o 0 o - - - Ref. the above from you, you've got to elaborate specificly about what was the basis for the charge in the first place.

Argentina has always 12 players on the field with one being the referee. They get an implausible amount of penalty kicks. Messi isn’t even good at converting them recently.

The same kind off thing eeee said 20, 30 ,40 years ago, but when you said, there was no record of it, so it wasn’t prosecuted . Now we have a record of anything , so a overzealous prosecutor can go after anybody doing this. It’s even worse when politically motivated. What purpose does to serve? It’s like the Streisand effect with these things - instead of suppression this things, they amplify them. Ant the people posting this know this too..

Perhaps @whatstheofficerproblem needs to hone his skills in the lost set of just talking to people including women. Social media is just a cheap substitute for human connections and the hookup apps are just another substitute that seems to make things easier but really doesn’t. Get your self our there and talk to people and women, even the cashier in the Supermarkt , the bartender or the gal next to you in the line. You will get better at it and make interesting connection this way.

Yeah this was in my country and kinda ridiculous... Don't get me wrong, some of those posts were quite vile: "man that bitch has a punchable face" or "you know the nazi also used to send the gays to camp too". But in the end no actions were committed, just a bunch of college guys with dark humor taking it a bit too far. Unfortunately this started during the whole woke era and they kinda made an example out of him because he was the 'head figure' of the fraternity.

In past years they have tended to purchase the shares for this purpose (treasury shares to be issued later for compensation) at the beginning of the year and the shares purchased later in the year - like these recent purchases - have gone towards cancellation.

The guy was in a group chat where people posted allegedly racist and nazi memes. He got charged for being in a group chat. I am sure the content was reprehensible and people can socially ostracize such folks, but there is no accusation of libel or violence so why should he be charged for a crime? Even the ACLU has a long history of defending nazi and racist rights to demonstrate so long as it's peaceful: https://www.aclu.org/news/civil-liberties/defending-speech-we-hate Free speech means you have to defend even free speech you strongly disagree with. But we all know now that Europe does not really have Free Speech so the argument is moot.

Nope. It's well documented that they cannot: https://en.wikipedia.org/wiki/Apple–FBI_encryption_dispute In the U.S., a warrant via a judge can allow law enforcement to get more info--that's a good hurdle to accessing data. Chat control has no such hurdles and the government can have all data of criminals and innocent people. Apple does not have the keys to its own end to end encryption. They are serious about privacy. This has been a recurring dispute and even leaders like Macron have confronted Signal, etc about this. The UK is demanding Apple weaken its encryption/install a backdoor. They cannot stand that there is data they cannot access... https://cryptobriefing.com/uk-surveillance-apple-backdoor-crypto/

I don't know, @Spekulatius, But I think Mette Frederiksen for sure would prefer some heavy and soft as material for bullets, to really tear a part what's hit. But shooting isen't her preferred way of doing things, she prefers the 'Endlösung'-approach, when scale is needed [Source]. Really not hard to understand POTUS has called her 'a nasty woman' in a real estate deal, that ended up so far not to happen.

I don’t know what this guy posted but how is this prosecution resulting in anything productive? These libel laws exist for good reason but now with ubiquitous social media it has become very easy to prosecute violations and to push the letter of the law much further than they were intended and that’s what is happening here.

Cubs, you sent an AI video to the forum the other day and you didn’t even know it. You live in La La Land. You should try reading the WSJ or The Economist.

If you commit a crime in the US the police here gets all your data on smartphones, social media etc. This is well known and documented in many prosecutions and trials.

Turkish made gun, that looks like colt knockoff. Are these silver bullets?

Seven-11 $3382T with decent results. They increased guidance. https://www.7andi.com/en/ir/file/library/ksu/pdf/2026_0709ksue.pdf Holding my few shares for now.

@Dalal.Holdings, Who says this isen't *'just'* about [*'plain'*] libel?

That's funny,,, Trump's trade policy was supposed to create an economic disaster. His DOGE efforts were supposed to be a waste of time and find no significant fraud, and tank the economy with unemployment. His foreign policy and Iran war was going to cause WWIII and oil going to $200. His fiscal policy was supposed to unleash devastating inflation... Instead, the US market is ripping.. I know, I know "storm clouds are on the horizon" That's what happens when you read the WSJ...LOL

LOL they’re still posting stuff like this! And getting bodied in the comments