SongDonkey.AI

since yearend 2023

Great observation!

@alertmeipp Great topic, thanks for starting! I recommend reading this great book about different perspectives of being full time investor: https://amzn.to/4cVc91y

and the history of destruction of shareholder value on an epic scale:)

Probably, this is just the echo of Seeking Alpha going under total paywall. Such persons imho made the majority of posters there. So he got no place to go to share his “wisdom”.

Thanks, nice choice:)

What leaps did you buy?

Teledyne is still thriving. Robert Mehrabian used same playbook as Singleton, basically.

@SalukiRegarding SFL - as I understand this is a creation of John Fredreksen. I would be very careful investing in his enterprises. Equity or debt doesn’t matter. History is not on your side if market turn south.

The most incomprehensible thing about this gentleman is how he managed to not go out of business…

Completely agree! Very depressive! Waste of time!

Do not know what you mean by this. And your analogy with Buffett’s Wesco deal seems out of place because if you assume that even half of what Muddy Waters say is correct then we have big trouble. It is not one of a kind accounting error but systematic practice to distort asset value. If it affects 18% or 50% of book value - doesn’t matter. I’m neither for Fairfax nor for MW. Just watching from the sidelines with amusement but can’t shakeup feeling that although you, guys, are very intelligent, most of the conversation is based on trying to convince each other more and more that everything is ok.

There is an answer in your post - if doesn’t go up - everything doesn’t work - nobody is motivated.

If your partner is a crook even in small matters - it doesn’t matter how much your business “earn” or “can earn”.

My point is - if there is any slice of lye in their reporting it is a “sell” at any price you get.