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"People who live in glass houses shouldn't throw rocks" Strains credibility when a Trump supporter complains about corruption elsewhere. I know you think Trump can do no wrong but some might view the present level of corruption in the 'first family" will likely be found to have been unprecedented.

I went long the Iran sell off in spring this year and I had decent sized position in the June 2026 ES with average price in 6400s but I sold that shit like a dumbass at 6640 and watched as the ES rallied another 800 points. Sure I picked off 30 points here and there jumping in and out during the vertical rally but it was like getting the vacuum cleaner consolation prize when I could have won the brand new car on Price is Right For second half I am hoping there is a decent sized crack in the markets that I can take advantage of - coming into this year I thought after 3 straight years of double digit returns in the SPX, this could be a year when the markets are UNCH and I still think that

Hey if Berkowitz wants to hand you cheap stock, all you need to do is hang on. The historical migration to Florida will go on for years. It's the happiest state I know!

Sold all the VOO I bought earlier this month

Thank you, Mike [ @cubsfan ], Yeah, it's also about trying to relate to the issues at hand discussed in in the JOE Investment Ideas forum, especially related to time horizon. The plan to execute on going forward presented at the JOE AGM looks good to me.

Another idiot academic loses her University teaching position: https://jbhe.com/2026/06/indiana-university-lecturers-contract-ends-following-lesson-linking-maga-to-white-supremacy/ https://indianacapitalchronicle.com/2026/06/11/iu-lecturer-disciplined-for-white-supremacy-lesson-faces-termination/ Jessica Adams, a full-time lecturer on IU’s Bloomington campus, found herself in trouble in September when a student said she used a graphic identifying “Make America Great Again” as an example of covert white supremacy in her class on diversity, human rights and social justice.

Exactly - they've absorbed the lessons of opportunity, hard work and individual accountability - and left the "experts" that tell everyone else what to do, like teachers and social justice warriors - to ruin those important concepts. Those useless degrees could just as easily be earned by watching TV all day.

+1 I wouldn’t have even heard of the company without @whatstheofficerproblem

Sold remainder of $PSMT. Small position that I didn’t have a lot of confidence in that worked out really well, Cost basis $60.

A lot of it too comes from useless educations and degrees. How many engineers, accountants, physicians (who actually treat patients), builders, tradespeople, business owners and entrepreneurs support socialism? The common thread among all these groups is they don't make excuses or apologies for who and what they are.

It is a bitch, but a very smart move John!

The movement is brought on by the corruption of our teacher's union and universities - particularly the social sciences. For decades, while most Americans were out working their butts off, raising their families and moving upward quickly in economic terms - our children were being brainwashed by toxic academics who taught the young to hate the very system that has given them so much prosperity. It's so much easier to confiscate wealth rather than to put in the long time and hard work to earn it yourself over a lifetime. Such is the intoxicating dream the young swallow from the education system about socialism/communism.

Today, I got an order on JOE filled, just under USD 63 to up the position 50 percent measured in number of shares. - - - o 0 o - - - Edit : Averaging up is just such a bitch.

I ended up buying Spice and the book on Venice. I ended up reading both of them before my wife had a chance to do so - fun books. Thanks for the idea!

Yeah, it has never worked and everyone who supports it is not stupid, just naive. The wealth gap has existed for my entire life and many years prior; it is nothing new and will likely continue on forever. The current political socialist movement will run its course. Otherwise we could have another civil war and we already survived that.

No other Ideas or analysis of the own ideas from the start of 2026??

That pretty much hits the nail on the head. The current open call for "Democratic Socialism" by Mamdami and associates is waking up many Americans - Democrats included. It's not going to work - it will always be a fringe movement that repels most Americans.

So I finished reading Gambling Man. it is short, yet thorough. I highly recommend it. Alongside Money Trap. Softbank has a lot of issues (governance, leverage etc). But no one can deny the wealth that Masayoshi Son created for himself and long term shareholders.

sorry just saw this now. I myself really enjoyed the one about Portuguese and the other book on Venice. Both of which I am planning to reread.

That is true. However a two-party system works because the pendulum rarely moves too far in either direction before it changes course. I don't agree that the US is moving toward socialism because its greatest support comes from the young and inexperienced who eventually grow older, more experienced and value their hard-earned savings. No different that any time in the recent past when welfare, government handouts and subsidies were always supported by the same groups who now support socialism. The main issue is immigration reform. Once we stop allowing anyone into this Country indefinitely, what many of us would now call "common sense" may well return.

The world and humanity has drastically changed over the past 239 years.

The problem is how campaigns are run and all the money requirements around advertising, debating, tv time etc. Tackling that problem would probably be one of the best things the US could do for long-term survival and to change course from the current Highway to Hell the two party system is paving. There is simple no incentive for anyone in either of those parties to do so. The appetite has always been there from the populace, but it has always lacked any assurance of success which keeps individuals from shifting that direction. I've voted third party the last two elections. In the Western World there seems to be a trend of new parties taking up the torch and actually beginning to carve out some small wins here and there. I cannot and will not speak to the views of said parties, but in the UK I saw the "Restore Britain" party has had some minor success. perhaps it's simply the sign of the times...

It has worked well for 239 years, but the US Constitution does not prohibit a third party. It is the democrats and republicans that make it difficult for a third party.

Morocco is a joy to watch. I hope they go deep.