Luke

Questionable how this new regime would position themselves, could become even worse. It will definitely shake things up good or bad.

Incredible development, wouldnt be surprised if many soldiers who are tired of the war join these movements. Anything can happen really but this war takes one hell of a turn right now. @sleepydragon Yeah, China is watching and so much is going wrong for russia, taiwan looking more and more unattractive...

Incredible whats going on, been listening to the news for the last few hours. In german state media they interviewed some military expert who was quite serious about the size of this threat. Military is tired and weakened, Prigoschin having respect by many, much better trained combatants than the average russian soldiers. This is taking a very interesting path...

Anybody here into classical music? Having a nice listen at the moment, all time favourite and out of this world:

Also, quite ridiculous how much money was spent on this rescue mission. If I go to Everest, to get rescue, I have to pay for expensive private insurance companies and have to hope they don't just leave me on the mountain. Then we have OceanGate, a fraudulent company, taking huge risks for tourism playing with the lives of a few billionaires and the taxpayer pays for 5 days of fuel for airplanes, Armies and what not to get these people out. WTF? If someone decides to go to Everest, he has to pay for the consequences or hell be left alone on the mountain. The same should count for OceanGate and Pakistani billionaires. I hope their families have to cover this bill at least...makes it very difficult to empathize with them for me. Actuall homeless population starving in some countries, lack of healthcare etc and they spend a couple of millions+ to save a few idiots who took risks to see a boat on 4000meter depth...!

If i find more i will let you know. Chinas massive growth since 1980 is represented quite well in the graph, same is true for the dutch global trade dominance in 1600-1800. Id personally assume Chinas growth to decrease a bit but steadily increase still.

Crazy...

All dead, what a shame. As @John Hjorth already said, the fault relies on OceanGate, the CEO and their pathetic design and testing.

Game Over?

Couldnt agree more.

Interesting Graph from Bridgewater associates.

Very nice, some fresh wind.

https://www.ft.com/content/d0b94966-d6fa-4042-a918-37e71eb7282e Western manufacturers will be able to de-risk their operations in China but will find it impossible to cut ties completely with the country, according to the head of one of the US’s largest aerospace and defence companies. Greg Hayes, chief executive of Raytheon, said the company had “several thousand suppliers in China and decoupling . . . is impossible”. “We can de-risk but not decouple,” Hayes told the Financial Times in an interview, adding that he believed this to be the case “for everybody”. “Think about the $500bn of trade that goes from China to the US every year. More than 95 per cent of rare earth materials or metals come from, or are processed in, China. There is no alternative,” said Hayes.

Watched a little bit about that, always enjoy Videos with him! Although i probably disagree with his diversification appraoch, we also saw what the Berkshire Duo had to say to that on the AGM :D!

What made you pull the trigger?

I watched multiple videos today, in one i think they said something like landing to close to the titanic is dangerous because of currents down there, at one mission they got stuck between the ship and luckily made it out. (different operator, was a science trip and not via OceanGate) I gotta agree with @Saluki, of course with skydiving the downside is way lower but with this here... They paid 250k to go down with a "daredevil innovator". https://www.smithsonianmag.com/innovation/worlds-first-deep-diving-submarine-plans-tourists-see-titanic-180972179/ For a handsome price, a daredevil inventor will bring you aboard his groundbreaking submarine to put eyes on most famous shipwreck of all RIP to the guys on board.

What a story, have been consuming quite some content about this the last hours. That lawsuit tells miles... We will know by tomorrow midday if they found them or not... Just a few weeks ago i have been reading about Titanic again and stumbled on their website, was pretty surprised one is able to go there but didnt think more of it. Then this today...!

https://youtu.be/-rQBVbmwSbI Bought some of the gear from Camper World!

Be careful what you spend your money on! What a horrible story... https://oceangate.com/expeditions/titanic-survey-expedition.html https://youtu.be/no0RVoIbvK4

Good luck!!

Thanks a lot for sharing @SafetyinNumbers

I only see @Saluki and @Viking buying Fairfax India in the past years. What does the rest here not like about FIH? Is it the fees? To me their assets seem pretty solid, as @nwoodman pointed out, the airport will likely make a nice return, the stock exchange should be a homerun, rest of the assets should benefit of the india GDP tailwinds too. New restructuring should increase exposure to the other assets.

https://www.woodlockhousefamilycapital.com/post/epictetus-india-and-patience Chris Mayer talking about his Investment in Fairfax India.