Hektor

Thanks @gfp

https://www.bloomberg.com/news/articles/2024-05-04/france-s-macron-calls-for-reset-of-economic-ties-with-china France’s Macron Calls for Reset of Economic Ties With China. Europe wants more economic reciprocity from China, Macron says. French President Emmanuel Macron is calling for an update of the country’s economic ties with China, just as the country’s leader Xi Jinping is expected to travel to France for a State visit.

@stephThats a good one. This comes to mind quickly when comparing FFH with BRK

Thanks @nwoodman

From a Davita 8k today "Entry into a Material Definitive Agreement. On April 30, 2024, DaVita Inc. (the “Company”) entered into a letter agreement (the “Share Repurchase Agreement”) with Berkshire Hathaway Inc., on behalf of itself and its Affiliates (as defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended) (collectively, “Investor”), the largest stockholder of the Company. Pursuant to the Share Repurchase Agreement, at any time Investor beneficially owns at least 45.0% of the issued and outstanding common stock of the Company (the “Common Stock”) in the aggregate, the Company shall repurchase from Investor, and Investor shall sell to the Company, on a quarterly basis, a number of shares of Common Stock sufficient to return Investor’s aggregate beneficial ownership to 45.0% of the issued and outstanding Common Stock. The per share price the Company will pay Investor in connection with any such repurchase will be the volume-weighted average per share price paid by the Company for any shares of Common Stock repurchased by the Company from public stockholders pursuant to the Company’s share repurchase plan during the applicable repurchase period. Repurchases of shares of Common Stock by the Company from Investor under the Share Repurchase Agreement will occur on the date that is two business days prior to the date of the Company’s regular quarterly or annual (as applicable) investor call to report earnings (as publicly announced by the Company); however, if at any time the Company determines that Investor owns or will own (whether of record or beneficially) shares of Common Stock representing more than 49.5% of the issued and outstanding Common Stock in the aggregate, such determination will trigger immediate share repurchases by the Company under the Share Repurchase Agreement. In addition, pursuant to the Share Repurchase Agreement, Investor also agreed that it would cause any share of Common Stock that it beneficially owns in excess of 40% of the aggregate issued and outstanding shares of Common Stock to be voted or consented on any matter in accordance with the recommendation of the Company’s Board of Directors. The Share Repurchase Agreement does not amend, supersede or otherwise modify the Company’s existing restated standstill letter agreement, dated as of February 9, 2022, with Investor, which remains in full force and effect in accordance with its terms."

https://www.wsj.com/finance/berkshire-hathaway-annual-meeting-romance-25eb77fc How Berkshire Hathaway’s Annual Meeting Became a Hotspot for Romantic Mergers Warren Buffett himself has jumped in to serve as a wingman at the famous Omaha gathering Buffett has been the wingman on proposals, including once for his grandnephew Alex Rozek, who wanted to propose to his girlfriend, Mimi Krueger, at the 2009 shareholder meeting. “Just ask how we’re going to get the economy back on track,” Rozek recalls Buffett advising him. When the day arrived, Rozek and Krueger were in the audience when Buffett said there was time for one more question. Rozek delivered his line. “I was sitting there with my head in my hands trying to disappear,” she recalls. “I was like, oh my God…what is he doing?” Buffett replied that “household formations” would help—and asked if that gave Rozek any ideas. “I think so,” Rozek said. “Mimi, you’re my best friend. Would you be my wife?” The crowd applauded as she took in what had happened, and gave a resounding, “Yes.”

Many years ago, I had set the prompt for printed materials no proxyvote, and it has stuck so far

https://www.wsj.com/economy/central-banking/us-gdp-economy-first-quarter-2024-1675df05 U.S. Economic Growth Slows to 1.6% in the first part of the year, falling short of economists’ expectations.

Also important to note that the CEO of TikTok USA, from what I can see, is moving around freely, does not plan to make a career switch into teaching or agriculture.

Not my opinion. It’s an excerpt from the article, so that one can decide to click and read more or simply ignore

https://www.barrons.com/amp/articles/china-growth-forecasts-alibaba-stock-155814f4 Chinese growth blew past expectations in the first quarter, but official figures of gross domestic product (GDP) released Tuesday belie wider weakness in the world’s second-largest economy, including persistent pressures from the property sector. Analysts see China’s economic recovery—on which the fortunes of some widely-held stocks rest—as fragile.

I know, pulling your leg

Cheers?

I might have read your edited version. Not sure what the edits were @Sweet, but what you wrote made sense to me

+1

https://www.thehindu.com/news/national/karnataka/air-india-and-bial-sign-agreement-to-make-bengaluru-premier-aviation-hub-of-south-india/article68042257.ece Air India and BIAL sign agreement to make Bengaluru premier aviation hub of south India. This includes strengthening the group’s presence at Kempegowda International Airport (KIA) through an enhanced network and establishing a dedicated domestic lounge for premium and frequent travellers of Tata Group airlines Air India and Vistara.

https://www.thehindu.com/news/national/karnataka/air-india-and-bial-sign-agreement-to-make-bengaluru-premier-aviation-hub-of-south-india/article68042257.ece Air India and BIAL sign agreement to make Bengaluru premier aviation hub of south India. This includes strengthening the group’s presence at Kempegowda International Airport (KIA) through an enhanced network and establishing a dedicated domestic lounge for premium and frequent travellers of Tata Group airlines Air India and Vistara.

https://www.thehindu.com/news/national/karnataka/air-india-and-bial-sign-agreement-to-make-bengaluru-premier-aviation-hub-of-south-india/article68042257.ece Air India and BIAL sign agreement to make Bengaluru premier aviation hub of south India. This includes strengthening the group’s presence at Kempegowda International Airport (KIA) through an enhanced network and establishing a dedicated domestic lounge for premium and frequent travellers of Tata Group airlines Air India and Vistara.

https://www.barrons.com/articles/berkshire-hathaway-geico-progressive-stocks-c03bcdf4 A 20% Job Cut at Berkshire’s Geico Highlights Challenge for Car Insurer The company, formerly one of the fastest-growing big car insurers, has been shrinking in the past two years. Geico reduced its staffing by 20% during 2023, giving up more than a percentage point of market share, as the auto insurer moved to retrench and regain profitability. It is the latest twist in a rivalry among some of the top companies in the car-insurance industry. Geico, formerly one of the fastest-growing big players and the jewel of Berkshire Hathaway ’s vast insurance operations, has been shrinking in the past two years. Its archrival, Progressive, has been expanding profitably and seeing its stock price surge.

https://www.bloomberg.com/news/articles/2024-04-01/investors-are-unwinding-the-buy-india-sell-china-stocks-trade Investors Are Unwinding the ‘Buy India, Sell China’ Stocks Trade. Nascent recovery shows improving risk-reward of Chinese stocks. The nascent swing highlights how funds are starting to buy into the narrative that China’s policy support will be enough to revive growth. More than 90% of emerging market funds are adding back their positions in mainland Chinese shares, which were underweight, while also dialing back exposure to India, according to HSBC Holdings Plc. Global investors were net buyers of onshore shares via a link with Hong Kong for a second straight month in March, a feat last seen in June and July.

Thanks for the links, @gfp

https://www.bloomberg.com/news/articles/2024-04-01/iron-ore-sinks-to-10-month-low-on-gloom-over-china-construction Iron Ore Sinks to 10-Month Low on Gloom Over China Construction ‘A return to basics and fundamentals,’ says Navigate’s Widnell Weak demand and rising supply send prices below $100 a ton Iron ore dropped to the lowest level in 10 months as the steelmaking material faced a double whammy of limp Chinese construction activity and a renewed surge in supply. Futures in Singapore slumped through $100 a ton early Monday, tumbling almost 4%. China’s years-long property crisis is still wreaking havoc on demand, while rising availability is compounding the pressure on prices. “The move in iron ore this morning represents a return to basics and fundamentals,” Atilla Widnell, managing director at Navigate Commodities Pte, said by email. A rebound in shipments of the raw material from Australia is likely to make port-side inventories in China even more bloated, he said.

https://www.bloomberg.com/news/articles/2024-03-31/china-s-industrial-upswing-is-latest-sign-of-economic-recovery