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Buffett/Berkshire - general news
John Hjorth replied to fareastwarriors's topic in Berkshire Hathaway
@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*
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Buffett/Berkshire - general news
John Hjorth replied to fareastwarriors's topic in Berkshire Hathaway
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.")
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i hope he didn’t commit blasphemy by renouncing his Canadian citizenship and heritage.
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The McCarthyism playbook. Just using Socialism instead of Communism.
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Bought MU covered my short
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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.
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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
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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.
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Yesterday :
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Volodymyr Zelenskyj on X a cpouple of days ago : - - - o 0 o - - - For those who may not know what Valdia is : It the private place of Putins located between Moscow and Sct. Petersburg. - - - o 0 o - - - Volodymyr, the popular and brave, head of Ukraine vs Vladimir, the whimp, hit by paranoia, head of Russia!
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So you refuse to participate? Socialists are the opposition to Trump and have taken over the Democratic Party. You epitomize the opposition. Nice try.
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Thats funny! I am the farthest thing from a socialist and am (or was) someone who voted republican for a long time. And I've stated many, many times there were promises by Trump that I fully supported (cost cutting, balanced budget, full Epstein release, no new wars) but his blatant lying and incompetence made the problems even worse. So lets hear that list of things you think Trump is wrong about. Can we start with removing the cap on overdraft fees.
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@dwy000 Tell you what: I'll list each thing I don't like/disagree with about Trump, one by one, if you list each thing you love about socialism. You start.
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Maybe better for the Netflix thread.but this is exactly what killed the cable bundle. If you go a la carte there isnt enough demand for individual product to make it work at low prices - especially if that product is for a small portion of the year. The Sunday Ticket on YouTube can cost up to $450 per season. And sports is a mess. Prime has Thursday Night Football, ESPN has Monday Night and the rest is spread between networks (with Netflix getting the Christmas games).
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I don’t have any kids, but have 5 nephews and nieces. The youngest niece (about 6), needs lots of tutoring, doesn’t do that well at school, and is a year behind, but she is otherwise quite smart (and clever) but not in school framework conventional ways. Let’s just say she is not going to be reading Benjamin Graham, I think. Her older sister (who is a teenager) reads a lot and does really well in school. People are just different. It is just that in our society we have decided to measure success and doing well through certain conventional KPI and label people accordingly. It is the society that needs fixing, not the kids.
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$11.18 today over 8%
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Same argument over and over yet never actually doing it.
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I don't know LC. Seems pretty logical to me. If you are sitting on the other side of the border and have been denied entry - you have not "arrived" in the United States. Simple enough, unless you believe in no borders...
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I said it when he was elected in 2024 and the OXY & oil bulls were all excited: this guy really cares about keeping oil prices low. He thinks of gasoline prices as a report card for his presidency. Why would you be long oil with a guy like that in charge? The Iran war was an opportunity to cash out. Hope some folks locked in profits in the past couple of months...
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@Sweet "Ever better, ever more stressed? The challenge of modern parenting Why are parents and children under such pressure today? Why has family life become so complicated and challenging? Parents want to provide the best possible support for their children’s development and avoid making mistakes in raising them. The current tendency to take as much as possible off children's hands—in an effort to shield them from the dangers of the world—prevents them from learning to take responsibility and causes them to fall significantly short of their potential; in the process, the needs of the adults often fall by the wayside. Children are far more resilient than we allow them to be today. The authors provide a well-founded explanation not only of the multifaceted reasons behind our culture of overprotection but also of how we can break free from it." The name of the book is "Mut tut gut". Sorry, only in german language. I think the article is this, but it is behind a paywall: https://www.sueddeutsche.de/leben/familie-erziehung-kinder-perfektionismus-ueberbehuetung-bellinger-li.3302867?reduced=true
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Is there a strain of techno-paranoia in the West? Does something similar exist in China?
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vinvest09 started following SafetyinNumbers
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...and WTI is below $70 again
