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  2. They have mentioned it but definitely less than BRK and FFH. Tom has something to say about the BRK model, maybe he uses his own words and own framing, instead paraphrasing Buffett? E. g. here, where he writes about the „spread“ in his 2025 shareholder letter. https://s202.q4cdn.com/749045284/files/doc_financials/2025/ar/MKL-12-31-2025_ARS.pdf BTW: I really like the 5 year financial results table in Toms shareholder letter.
  3. @Whensthepaintdry?, Yeah, I remeber that, too, and on Reddit a Q&A is called an AMA [Ask Me Anything]! <John, quite happy & proud to post a material contribution here> - - - o 0 o - - - In short, she lost access to Warren Buffett after the release of 'Snowball'.
  4. any particular reason for STX over WDC or better tech. etc. Tks.
  5. Today
  6. I sincerely wish you the best of luck going forward, @whatstheofficerproblem !, With that said, you're also forgiven to post push back to NYC dirt & trash talk in this topic, which it's over time evolved to become!
  7. The lower loonie is bullish for Canada economy https://www.msn.com/en-ca/money/other/canada-s-trade-surplus-in-may-sharply-up-to-a-four-year-high/ar-AA27oucx Exports to countries other than the U.S. continued to shrink, although at a lower rate in May than April, and imports from non-U.S. countries rose. This widened Canada's trade deficit with countries other than the U.S. to C$7.4 billion in May.
  8. I've personally been holding my breath the last couple of days related to the Ankara NATO summit ... - how would it go, and how would it turn out related especially the relationship of NATO to USA, and here we go - To me personally, it certainly could have turned out much, much more worse than this : NATO - Press Office [July 8th 2026] : The Ankara Summit Declaration - 8 July 2026 - - - o 0 o - - - By now, released about a half an hour ago.
  9. Sorry .... but no trade secrets SD
  10. I am a data science major. I have already been working for a subscale hedge fund out of college, been a year now. Moving to bigger firm now. No family here, moved to this country on my own when I was 19.
  11. You guys really need to think about this more creatively. There are a multitude of ways to hide/conceal/ maintain wealth worldwide without the need for BTC or worrying about "frozen" accounts. It takes planning but evidently some of you really worry about this stuff.
  12. For some of us, there's Bitcoin. For others, there's nature's pocket.
  13. Argentina‘s 2-2 goal commentary.
  14. Security takes you, your family, and all your baggage off the plane. You visit the little sound proofed room, are roughed up, all the family jewellery pulled off you, and your wife and daughters strip searched. Most of your stash now gone, or used to bribe your way out. BTC on the other hand ..... you might give up the seed phrase on a single account, with very little in it. Look stupid, look poor, but walk away still intact. SD
  15. Damn. Your live seems to change rapidly right now. Good for you, congratulations. Liquidia LEAPs, working for a hedge fund, moving to NY. What did you study at university? Do you not have a family? You don´t have to answer if it is too private.
  16. Nice work @Gregmal - makes total sense. I am with @lnofeisone sadly, just seen it too often (god, in Europe we had Wirecard as well, which killed some great managers)
  17. Your reaction is the same as the gnat's. You both need to hit back at each other. Just ignoring people works very well! Cheers!
  18. 2025 interview by Alice Schroeder https://www.abc.net.au/listen/programs/the-radio-national-hour/alice-schroeder-warren-buffet/105275112
  19. Take your physical gold with you in the plane and skip a bunch of steps.
  20. President Trump every time he sees a member of Congress insider trading: "You're lucky I'm president." President Trump to every oil and defense executive: "You're lucky I'm President" President Trump to every criminal he pardons after they donate to his campaign: "You're lucky I'm President" President Trump to his kids every time he passes them government contracts: "You're lucky I'm President".
  21. So....Europe is getting its own NSA? Or have they stopped doing that in the US? Because this is sooooo 2013
  22. Looks bullish for FRFHF as more people will pile onto it as its book value is in USD
  23. You really have to love the institution that is the EU/European Commission. Europe's economy is stagnant for years and the future looks bleak. And what are the priorities of Europe's leaders? Recreate George Orwell's 1984: Chat control is a great way to continue Europe's suppression of Free Speech. Anyone who insults the German Chancellor on private chat with their friends or family can promptly be arrested. Hooray! Know who is exempt from Chat Control? EU ministers, of course! This is not a democracy, it's like an autocracy of the elites.
  24. Yeah, it's also true that the rest of the world is basically drafting behind American innovation, kind of like taking advantage of a consumer surplus. Essentially, USA has a system that encourages innovation, growth, and hard work, and that leads to new discoveries that benefit humankind, not just Americans. In the extreme case, Americans often develop drugs and medical technologies that end up being priced lower in many countries than they are in the USA. IMO, this drafting off the USA helps many countries, including most in Europe, I think, maintain a significantly higher standard of living than they would otherwise.
  25. Yesterday
  26. I was at the US game yesterday. It was horrible but at least it was an iconic game (in a bad way)
  27. Don't live in the financial district if you can help it. Even if (especially if) you work there. Its dead on weekends except for tourists and there's nothing really down there. Go somewhere interesting- even a 10 minute train ride will take you to lower east side, Tribeca, little Italy, etc. Even Brooklyn. Get a flavor for the real NY - you won't get that in a brand new condo in Financial District.
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