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Gee, I thought they came to America for the trash bag lined streets of NY and LA!

Borrowing from Andrew Sullivan regarding World Cup visitors: And it’s always a joy when Europeans express the same amazement I felt all those decades ago as I first discovered this wonderland. “Everyone’s just so nice,” said one, which is what every relative who has ever visited me always says about America. Always. If you think the American way of life is ending, you should listen to some of these star-struck visitors. “Indiana is exactly how I dreamed America would be. Small towns, wide open spaces, cornfields, barns, cute houses, diners, water towers, friendly people, great food, American flags everywhere, and so much more!” said one Swede, who’d also been won over by Ranch dressing (a true revelation). By getting peeps to go to the heartland for matches in various stadiums, rather than the usual coastal tourist fare, the World Cup is actually giving a more representative picture of the entire country and it’s a huge hit. https://open.substack.com/pub/andrewsullivan/p/dude-lmao-this-is-a-gas-station?r=9iue0&utm_medium=ios

Egypt vs Iran is being designated by the world cup organizing committee as the Pride Day Match, coinciding with Seattle's Pride festival. They are encouraging LGBTQ+ visibility, with rainbow flags and drag queens. It's something straight out of a South Park episode.

Norwegians on the subway: https://www.instagram.com/reel/DZ5Tr1AxHsI/

Will Berkshire finally be included into the Dow Jones index? https://www.barrons.com/articles/nike-dow-berkshire-hathaway-alphabet-verizon-2ca2b737 Cheers!

Agreed. It is not inconceivable that the AI bubble will be deflated by overzealous government regulation. Anthrophic has been blacklisted by the government and their best product is export contoured which being quite a bit of bureaucracy with it an limits sales into man markets. Now OpenAI looks like it’s in the same doghouse. I don’t see how this business can be IPO‘d with these risk factors.

Smart to do a dividend growth strategy. Ultimately would attract more dividend focused benchmarks and quant funds.

That was my takeaway too. IDBI might just be the first one. They can go elephant hunting if it works.

AGT announced a $0.05 dividend. https://www.newsfilecorp.com/release/297570 I thought they had the IPO to pay off the debt so they would flow some cash Seems like it will be hard to get Canadians excited about a 5 cent divy.

If this ruling stays, they are both toast. Open models have catched up and theres no real reason to pay for the expensive models anymore. If they are not allowed to publish frontier models, how should they earn money? If both of them don't fund the creation of new models who should step in? To me this is the clear bell ringing at the top for semis and the bottom for software.

They are putting the squeeze on Crimea as the supply lines are haunted by drones. If they lose Crimea (still far from it but the noose is closing ) then it will be obvious to even the dumbest Russian that this war is lost. FWIW, bombing the capital is exactly what the Allies did in 1942 to overstretch German air defenses.

LILAP - the latest Malone spin off. A 9% preferred trading at under 80 cents on the dollar even after Malone bought pretty heavily open market in the past few days.

It’s not MU deciding this, it’s their customers and I think we are getting indications that they are getting antsy. I think shares prices will peak way before the memory business and the earnings do as Mr Market is good at smelling a rat in these high visibility situations,

The same people screaming that grocery store shelves would be empty in three months post Liberation Day, were the same ones screaming about $200 oil this past time. Did it make sense on paper and spreadsheets? Sure, you could probably argue that. Could it still happen? Yeah maybe...But people tend to forget that the market can be irrational in either direction....The market has been extremely forward looking when it comes to macro risks since Covid. Pays to be an optimist and an opportunist.

Ah, the socialist cult has enveloped you. No wonder you use the phrase so often. The pot calling the kettle black has yet to come up with one original idea of your own in opposition to anything Trump. Just like all the other complainers here. But keep at it, you'll think of something eventually.

@Xerxes, Some how I sensed a reply like the above was on its way! - Maybe the topic now gets a bit more life and activity!

Most likely. Still why the downgrade to U.S. Citizenship. *sigh* I guess I can understand that for “administrative” reasons and how it looks as the head of Berkshire, he needed to do this. We get it Greg. *wink*wink*

Perhaps Mr. Abel was 'just' obtaining double citizenship?, @Xerxes?

He clearly ruled out issuing equity, unsurprisingly, and he seemed to agree with your suggestion of having Fairfax India act as a general partner for 3rd party capital (“So that’s certainly a possibility.”) And by mentioning that (“Fairfax Financial wants to invest in India.“) and that 3rd parties might also invest alongside FFH (“There's a lot of people who'd want to be our partners.")

i hope he didn’t commit blasphemy by renouncing his Canadian citizenship and heritage.

The McCarthyism playbook. Just using Socialism instead of Communism.

Bought MU covered my short

Aaaaaaand Paulo Macro is STILL screaming about higher oil and begging for a market crash lmfao This garbage is just a distraction and unless you got a paid substack to sell people, better off just focusing your energy elsewhere.

Raising capable kids seems dangerous to incapable adults. My son is 3 and I have him watering the garden, using some power tools (nail gun, impact driver, hammers, pliers, etc.) to help me fix things, helping with oil changes on the car, minor cooking on the stove. He's into all kinds of "dangerous" things like mountain biking, rope swings into the creek, etc. About a month ago he crashed his bike after trying to hit a jump. Tears ensued, and I ran to check on him and picked him up. He looked up at me with a bloody mouth and a skinned up chin and knee and says "I'm tough Dad, I got a big booboo but that was pretty cool." Got him cleaned up, and headed back out. 1000% ... I want to blame this fixation of efficiency culture that has tried to professionalize childhood. Society has basically ruined kids sports by sucking the fun out of it and making it all about practice, performance and trying to get a scholarship. It's also absurd to me that we want to take small children with tons of energy who are known to learn primarily through play and make them sit at a desk for 8 hours a day. Some structure and school is obviously important...but there is a lot of projection going on from parents that have all but ruined "normal childhood" these days. We teach for the test results now instead of trying to teach for success. "Don't let that boys schooling get in the way of his education." - Mark Twain

Have you not read the posts here? Socialists aren't the opposition to Trump, people with common sense and integrity and values are the opposition to Trump. Which is why so many former Republicans oppose him. To try and claim everyone who dislikes Trump is a Socialist is like saying everyone who didn't like Biden is a MAGA. Again (and again and again) you are avoiding the list of things where you think Trump is wrong. Because you are in a cult.