Ghost

MW main write up is over inflating BV due to accounting gimmicks.

Oh and a really good Sanjeev rant.

I would be curious to here what Viking has to say on the MW report

RIP Charlie “The big money is not in the buying or selling, but in the waiting.” - Munger

Thank you Viking for all the work you have done. Perhaps a very minor edit...adding USD on the worksheet "23 Earning Est". (but I believe most people here would know the figures are quoted in USD)

Thank you, that is a 2.2 billion change in accounting treatment. Does that imply in a large cat claim, the losses would be magnified with the new accounting methods?

Good day all, FFH press release on May 11th had a BV for Dec 31 2022 of $762. FFH press release on Feb 16 2023 had a BV for Dec 31 2022 of $657. Does anybody have a clear indication why the increase of roughly a $100? May 11 2023 Book value per basic share at March 31, 2023 was $803.49 compared to $762.28 at December 31, 2022 (an increase of 6.8% adjusted for the $10 per common share dividend paid in the first quarter of 2023). https://www.fairfax.ca/news/press-releases/press-release-details/2023/Fairfax-Financial-Holdings-Limited-Financial-Results-for-the-First-Quarter/default.aspx Feb 16 2023 Book value per basic share at December 31, 2022 was $657.68 compared to $630.60 at December 31, 2021 (an increase of 6.0% adjusted for the $10 per common share dividend paid in the first quarter of 2022). https://www.fairfax.ca/news/press-releases/press-release-details/2023/Fairfax-Financial-Holdings-Limited-Financial-Results-for-the-Year-Ended-December-31-2022/default.aspx

Thanks

wow...look at this go. Interesting to watch.

Look at this one go. Past 145$ this am.

Not that I understand technical analysis, but it seems all the markers for today point higher.

Past 110. tough being on the short-side of this. https://www.bloomberg.com/news/articles/2018-09-12/you-couldn-t-short-high-flying-tilray-even-if-you-wanted-to

Looks like another chance, to make a move.

http://www.bloomberg.com/news/2014-11-13/berkshire-to-buy-duracell-from-p-g-for-6-4-billion-cash-stock.html

Enjoyed the video, thanks for posting

http://www.thepostgame.com/blog/spread-sheet/201409/warren-buffett-nebraska-cornhuskers-football Lucky guys who spotted him in Vegas.

Sanjeev now that you are the CEO, when should we start looking for employment opportunities? Internships? :o (Avoid anyone named Monica)

We can see the Sanjeev effect.... up 66% already :o

Duncan hood editor-in-Chief of MoneySense magazine described it best for our situation in Canada. http://www.moneysense.ca/columns/did-i-just-make-a-big-mistake-by-buying-a-house It really comes down to is the original poster buying a house or a home?

Congrats. Is there a minimum investment?

Even if the book is pure fiction, it does have some concepts that can be applied. Speaking from experience.

I don't think the concepts are outdated. women may know about them. but they still are at a loss to combat them. that's because the concepts are rooted in evolutionary biology --- Selfish Gene stuff. you can boil it down to this: attraction is NOT a choice. that's why women, as much as they know it's wrong for them, are attracted to narcissists and jerks, and not to nice guys. it's why men are attracted to floozy gold diggers with expensive boobs, and not the girl next door with coke bottle glasses (who just might be smart AND hot). it's biology. Ever wonder why sociopaths can get girls without even trying? because they just don't give a schit about rejection. works in sales too. Yeah it does appear woman go for jerks and narcissists, but what these guys have in abundance is confidence. You take a guy who is confident on a date or one who is awkward and doesn’t know what to say, who do you think women will be attracted to? I do not agree with the floozy gold diggers with big boobs, the guys that are attracted to that are just idiots.

So like the author did you spend "two years bedding some fine chiquitas and studying with some of the North America's most suave gents"? A true gentleman doesn’t tell, but I am not a gentleman so yeah I had my share. Not so attractive at the start, but got better as time went on ;-) But I was looking for a partner, but I can’t deny the side benefits were nice.

Personally, I have found it amusing and informative. Also in the end the author finds true love and acknowledges how much more fulfilling a life with the person you truly love is than a life of continual dating without a true and deep emotional commitment. The only thing I hope is the same might be true for Ghost: now he is happily married, I hope that these are the days! ;) Gio Gio, You are correct I am happily married with kids. The Game gave me the knowledge and confidence of what to do, say and prepare on a date. That is what is important on a date, confidence. And how do you get confidence, practice. Let’s face it the first 3 dates for a guy is basically a performance. Only after you get past the part where she doesn't think you are a psycho do you finally get to know the person. I don’t believe that my wife would have given me a second date if I didn't have the confidence from all the other ones. I would have likely been awkward on the first date and would have missed out all the memories I have from getting to date number 2

In discussion with friends about the Game some have very strong feelings as you likely do. It is like alcohol, some % of the population will abuse the knowledge. But simply ignoring the information that is out there is much like pretending the concepts of value investing do not exist. I.e. ignore it at your own peril. The information in the book needs to be taken in context; I view it for the introverted. If an individual is terrible at dating or simply doesn’t date this book can help.