All Activity

You are not allowed to call politicians “idiots” or Pinocchio and you say that is fair? Insane… LOL. These folks criticize America and its politicians all day everyday. If it were illegal to criticize U.S. politicians like it is in Germany, they’d all be in prison and have some hefty fines to pay.

Man you really confirm the stereotype of an American living in his own little world. I can easily insult politicians and government policies here. I am free to call all politicians idiots for instance. What I cannot do is call them "faggy nazis that need to get burned at the stake"... because that is homophobic and inciting violence.

May have been posted already: https://www.bbc.co.uk/news/articles/cj0gp88q4l4o

You misspelled "american advertisement".

Should be a great F1 race this Sunday at Silverstone…

You don't get to make those calls. It's a total cop out. ANYONE should be able to criticize OR insult their government. Many times, politicians EARN the scorn of their citizens. It's far better to be able to say negative things about your leaders when they do a piss poor job or do not follow the will of the people.

You haven't really noticed Blake. Greg ain't much of a Trump fan, although seems to approve of some of his policies, which have mostly worked out. Me on the other hand.... Happy 4th!

The payment recipient is you, and you are very glad to have it. Somebody freezes your accounts, sends their thugs after you, and puts up border restrictions to seize and detain. As a well informed lad .... you escape in a small plane, but have to leave your wealth behind. Sometime later, in a different country, you access your BTC account, and liquidate. Proceeds laundered though the newly opened bank account of a recent dead person, in a 3rd country. You have paid yourself, and lived to fight another day. The oppositons jaws snap on thin air. Different strokes. SD

Sold my URW.PA (Unibail-Rodamco-Westfield SE) and GPW.WA (Gielda Papierów Wartosciowych w Warszawie S.A. - the stock exchange provider in Poland) positions

Eh, less now, but as recently as 2022/3 there was a huge chorus of people whom regularly espoused that all you had to do to make money was “follow the Fed”.

Irrationality abounds. And Donald Trump and Kevin Warsh are our gods. Their actions and beliefs will hold immense sway over the futures of many. It's amazing to me how little attention is paid to our national bank. Trump absolutely dominates the minds and conversations of everyone, but so few people pay any heed to the great Fed chairman. Many don't understand how a national bank works or why it's important. But they still go to work 40 hours a week in exchange for dollars.

You are deeply mistaken to equate insulting and criticizing. You can criticize without insulting, and you can insult without criticizing. There are no laws against criticizing, there are laws against insulting.

Trump dominates your thoughts just like the rest of us. You don't have to be a dick.

I think they claimed 6+ by this summer/fall, not 9. I forget when we had 9. They must’ve too As I’ve said all along 3-4% is nothing warranting any material portfolio adjusting, and generally speaking, probably the sweet spot for a lot of businesses and the economy

You still haven't answered a simple question(?)

Lmfao sorry I had some spare time and out of boredom responded rather than ignoring you like usual. But anyway, what percentage of your posts involve Trump, me or cubs? I’d probably take the over at 90%. How long have you been a member here and outside of an occasional pity engagement from @John Hjorth, does anyone care about or value ANYTHING you have to say? What would you say you contribute here? You offer nothing of value on anything, and only like a child, bitch about the exact same things that really have nothing to do with why one would participate on an investment board. How do we know what you’re referring to? Because that’s the only thing you do lmfao. So maybe I’ll ask you, based off the above, at best you resemble a forum gnat. Do you deserve anything other than to be ignored or mocked? Anyway, have a nice day little boy.

....yes. Gold came out of the ground backing currencies and that's what gives it value. Or biblical societies were directed by God to mine it and that is what gives it value in 2026. /Sarcasm I'm not even certain its correct to characterize this as a "second order question", but obviously the above is ridiculous and you haven't stopped to ask yourself why gold had value, why biblical societies used it, how the world collectively landed on it's use independently of one another and how it ended up backing the USD to begin with. But that's ok. You don't care about stores of value or economic theory or why it's important to have a stable money - so probably not worth your time to ask those questions.

They have mentioned it but definitely less than BRK and FFH. The Q1 2010 earnings calls has specific commentary in the Q&A on float growth, leverage, and equity allocation and its worth reading. Generally they have prioritised a higher allocation of equities in the book than higher investment leverage. They will do better than Fairfax in a zero interest rate environment all else equal but Fairfax is much better positioned in the current environment. Here are some of the instances using AI re their mention of float: 1. Status update presentation — "More float, more earnings power" Andrew Crowley (President of Markel Ventures) explicitly tied float growth to earnings power compounding: > "During the same timeframe, operating cash flows exceeded operating income by $5 billion, mostly due to the power of increasing insurance float. More float, more earnings power." The accompanying investor presentation slide also frames growth in float as one of several distinct levers for increasing earnings per share over time, alongside Markel Ventures, public equities, and share repurchases. 2. Q3 2023 earnings call — maximising investment return on float Jeremy Noble (President of Insurance): > "The insurance engine also continues to generate significant operating cash flows, and we have been intentional about taking the cash and maximizing the investment return on the float generated by our underwriting operations and attractive market yields." 3. Q1 2022 earnings call — the float spread as the core economic model Richie Whitt (Co-CEO) articulated the fundamental spread model clearly: > "We're making a spread of return between the positive yields on the bond portfolio and the negative cost of float that we get through underwriting profitability. And as long as we keep that spread a positive number, things add up to the good over time."

Shit, we don't have a 9% inflation print like we did under the Biden shit show. What else is there to say?

Sheesh! 1. Who said I was referring to you? 2. On a quiet board, you jump on to accuse me of stalking you within 20 minutes of my posting. Who is stalking who? 3. You also seem to have some sort of gay thing going on, what is that all about? You repeatedly refer to gay people by derogatory names so it seems to be a touchy subject with you. Self reflection? For the record I am straight, since you seem to be interested. Sorry dude. 4. "posts about Trump nonstop on an investment board" ?? There have been 26,600 posts on this subject and I would suggest that the majority of posts refer to Trump and you are likely one of the top posters. 5. Your obsession with justifying Trump and his cronies must be frustrating you to the point of distraction from reality. 6. Are you having trouble raising grocery money or something? Obviously I must have hit a nerve.

That's a cop out for Europe. You can criticize the USA all day long, but not the other way around.

I disagree with the whole premise. Gold has other uses. It has biblical context. It has historical context. Our currency was directly backed by gold for a long time. It is pretty to look at and to wear. BTC has none of that. The term "store of value" is a convenient slogan for people who support BTC. Otherwise it is meaningless in the context of investing. Desperate people in less-than-free places might want it which is hardly an investment thesis I'd choose to adapt. Posters (one at least) here on this board complain about current means of payment and transmission of funds but don't even try to employ BTC. How long does it need to exist before that happens? Why is it not widely accepted as payment? There is hardly anything I would choose to do requiring payment that would accept BTC. Having to convert it to the terrible dollar you all hate defeats the purpose. Some day we'll have a widely accepted digital currency with proper backing; BTC ain't it.

Lmfao the “big inflation” surge predicted was a, drumroll…massive surge to…3-4% almost entirely driven by temporary rise in oil prices. Friggin guy obsessively stalks me and posts about Trump nonstop on an investment board…hope you had fun celebrating pride month, clown.

Where did our regular poster go that was so adamant that there would be no inflation this year under Trump and mocked anyone who disagreed? Haven't seen him posting much lately. Guess he doesn't buy groceries. Course Trump supporters seem to have a different definition of "groceries". Trump: "GROCERIES" "Who uses the word?" "I won on groceries. Very simple word, groceries. Like almost, you know, who uses the word. I started using the word. The groceries. When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period of time." December 8, 2024 ... and Trumpers don't think the man is out of touch with reality? As I have said several times here, It is irrational to think that having a bunch of billionaires running the country will have the average tax payer's best interests at heart.

Reminds me of how California cancelled Algebra for the same reason... Race in the Western World who will become dumber while China is laughing at us. Thank God for ayatollahs in Iran and communists in China & Putin & co in Russia that drive best and brightest out to the West.