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Yeah, it will certainly be exciting and interesting to see, what he has been up to, over time.

Buffett is smart. The best time to raise money is when you don't need it. Especially if it costs 1%. That said yeah I agree he is probably buying more Japanese equities.

+1

Agreed, yet in the long term it is the only thing that matters.

Miners have incentive to borrow against their stash to pay the bills. Bankers have incentive to lend out the collateral via derivatives. As long as the miner can continue to pay the interest, everyone wins. But some miners are going to get liquidated, their stashes increasing the float and lowering prices. However, the obvious buyers have no incentive to buy, as all they need do is simply wait on puts to get assigned; and short along the way down .... for a few extra bucks. Welcome to Capitalism 101. SD

I totally agree but this does make me laugh - half of these things were seen as negative 4 years ago, when Prem had lost it in the eyes of this board.

@AzCactus you may be well served by paying an estate planning or elder care attorney for an hour or two of their time and asking them a bunch of questions. If your grandma needs to be hospitalized or put in a nursing home, typically Medicaid doesn't kick in until their funds dry up. I am told some facilities will let you sign over their assets in exchange for caring for them for life, wherein they take the risk if the person lives longer than expected. I don't know how it works, but many people try to transfer a person's assets to the relatives before they need medicaid (medicare?) and apparently they have some kind of look back where they can claw back the assets. So knowing what the rules are may have an effect on your decision making and it may provide cover if the others who were expecting to receive something from your grandma's assets decide to point the finger at you.

I recently re-watched House of Dragons S1, before S2 is released in June. I highly recommend people to re-watch. It has great re-watch qualities and a lot nuances that needs reminding before S2 kicks off. Cannot wait for the Greens and Otto Hightowers to fall. They are nothing but usurpers.

Thanks. Will start this weekend.

@yesman182, Yeah. As if Mr. Buffett did not already have access to lot of cash and cash equivalents.

Not much different than Netanyahu himself. Who just happened to be democratically elected. So he gets a pass and Westerner are required to bend-knee and repeat and carry his words like gospel. Looks like he is got a new lease on his current job, and manage to get aid unblocked, divert attention from Gaza. Truth political survivor. I personally am an admirer of Moshe Dayan. The Israeli defence minister with the eye patch. Bygone era. That is when men were men. And soldiers were true soldiers. But that’s just me. Nowadays, people going around on twitter making meme on how their “truth” is more true than other side. Politicians just lie through their teeth. Anyways, enough of me talking in this thread. None of this is investment related.

https://www.marketwatch.com/amp/story/china-jan-mar-foreign-direct-investment-fell-26-1-on-year-to-cny301-67-bln-1f812956 FDI into China dropped 26% yoy

Haven’t done anything in months now, getting bored. So to scratch that itch, bought a little more Hershey, little Nintendo.

The amount of money and power available to the incestuous complex during times of “war” is too attractive to them. The complex includes military industrial but they’re just a piece of it. The powers that be love war. Look at how much freedom some were willing to give away to the government because of a bad flu strain a few years ago! Telling people they are in danger and in need of protection is the easiest snake oil to sell.

Trimmed some SWBI and added to NTDOY and BTI.

I don't know what he will buy, probably more of what he already owns. I doubt he is raising this money, just for the sake of raising the money.

Greg [ @Gregmal ], Are you above here [as quoted above] referring to the military industrial complex?, or what else?

@AzCactus, Great to read that my comments above were of quite limited relevance and utility to you, simply because you already were aware of these dimensions of the whole situation related to yourself.

The hallmark of a true sociopath

ADM, BTI and MSB Thanks Lance

My 2 cents: I had a similar situation several years ago with my 95 year old mother in law. Her family approached me to help them manage (ie clean up the mess of her portfolio ). Assets were all outside of retirement accounts ) With the families permission moved her to C.Sch. Established a relationship with the manager of the outlet (family approved ). I cleaned up\sold and emphasized companies she owned that were in good shape and produced dividends(except her berkshire of course ) .Also chose not to reinvest but to take the cash for expenses. Wound up with about a 40\60 portfolio. Suggestions: -Don't reinvest dividends but use vehicles that generate income (vwinx ?) -Here is Vanguards info on Annuities:https://ownyourfuture.vanguard.com/content/en/learn/living-in-retirement/are-annuities-right-for-me.html -Chose not to do an annuity because she has a bit more in assets than your Grandma and like liquidity. - It might be worthwhile to explore Medicaid options for that just in case the running out of money option occurs https://www.medicaid.gov/medicaid/eligibility/index.html ... you live in AZ from your handle? -https://lawforseniors.org/ has some pretty info that might help...got this from the Arizona legal aid group. Good luck , who knows the future, but your an awesome grandson for doing this.

@John Hjorth-Thanks for the insights. I have thought about keeping things exactly as they are and letting the account slowly drawdown. I have also thought about the potential liability. As her trustee, the trust documents afford me the ability to make investments for her best interest. However, there isn't a formal investment mandate. There are two other beneficiaries who I am relatively close to but it is fair that if the account were to fall substantially they may attempt legal action against me. My main concerns (and the reason for thinking about investing more aggressively) include: Her income-About 35% of her income is social security, the rest is interest income from a hysa. My expectation is that this will decrease eventually. If interest rates were to fall to 2020 or 2021 levels this would significantly increase her drawdown. Might look into CD's to offset some risk here Her expenses-Between potentially needing a caretaker around more or the option of her being in a nursing home-her expenses could increase substantially. By my estimates in a worse case scenario they could approximately double. Her life expectancy-While I mentioned above and think it's likely that 4 years is around the right number if she lived much longer this would further drain her expenses. Ultimately my fears are that in 2ish years interest rates and therefore her income is much lower, her condition has decreased and her expenses are much higher and the drawdown goes up substantially and this becomes a real challenge. Even at the present time we are talking about increasing her care which would likely increase about 1K/month to drawdown.

The psychopath's name is Yahya Sinwar

So what are we speculating? Isen't he just buying more 'Sogo Sosha'?

We need “wars” to excuse 2013s oil prices and inflation being a little higher than normal going into elections. Always have to have something to point a finger at…remember, Joe Biden told us the buck stops with him. Guess the dementia has taken its toll.