73 Reds

If anything, this Board shows it is 100% doable. What is the point in holding cash you don't need for day to day expenses? There is a distinction to be made in holding cash for future investment and having access to cash for the same purpose. To me, one is much wiser than the other.

Blake, I was in Gaza since it became a hell hole. Where do you get your information?

But value investors don't buy, or care about the market. Value investors for the most part avoided internet stocks. The point is, there is always something better than cash.

Wake up, Blake. Gaza was already a "hellscape". Hamas turned it into one. You're smarter than that.

Any minority will immediately recognize prejudice when it is couched in language most others find acceptable. I only see that from one poster here. If you see it, why don't you call it out? Perpetrators of such prejudice are pure cowards. They would lose or run away in any fair fight.

Agree with all that. But two years is a long time and a lot of opportunity cost, no?

No, Sanveev, and from what I have read, no one on this board is "blatant antimuslim". But only one poster (who posts) is a blatant antisemite, which demonstrates ignorance of a magnitude way beyond the pale.

Nah, just cryptic messaging. And don't all fiat currencies lose value? Which begs the question, why cash?

Sorry, Sanjeev there is no place in my world for blatant antisemites.

I think we all see the fallacy of fiat currencies and particularly the US dollar. One of the many reasons we are here and invest in productive assets.

Yep; misread it. Still wonder about cash the last couple years - there always seems to be something more worthwhile. As a Canadian and member of COBF, what would he have against Fairfax?

Right; the biggest losers should lead the way in crafting a solution.

I didn't say that we will or should leave today.

Who said he was smart? He comes on here and spews lies and hate. He is as ignorant as he is insulting to the conscience.

Why the US dollar? Particularly for someone who shuns the US in favor of Canada? Would have figured you to have been more in gold.

Fair enough. We here in the US can say the same. Not trying to pull your chain and Sanjeev paid you high praise. Just looking for a little perspective on your comment.

OK...... why?

As opposed to.....?

Bad news? Iran (again) is showing its true colors. If you're in the US you don't benefit from Iranian oil anyway. Is it bad that other countries have to pay more? What if we provide some of the replacement exports? Always two (or more) sides to these issues.

Again, I think it would have been reckless for us NOT to have gotten involved. Also keep in mind that Israel was going to act - with or without us.

@Viking, if Iran then refused to let traffic through the Straight, perhaps the parties who need it most would get involved. If your point is that we should not have started this endeavor, I couldn't disagree more. Respectfully.

Cubs, in their defense many of them are talking their book, i.e., their investment portfolios. No one likes to see their net worth drop (unless you are wired like Buffett, who knows what to do), especially due to issues with which you are not ideologically aligned. But this will all be short-lived. All the Trump-haters need to do is go back and listen to the man speak on these issues decades ago. Very little has changed in his thinking.

Not me, LOL. My only fear here is we won't go far enough. Not a popular MAGA position for sure, but my fear is founded on what a different political administration would do, or more accurately REFUSE to do under the circumstances. Trump sees an opportunity to negate the inevitable future swing in politics and do what is necessary now.

Agreed. Pretty much every prior venture in the Middle East has resulted in failure. If we picked up and left today, the mission would be deemed a success, at least insofar as setting Iran's nuclear capabilities back. If the goal is containment we can rinse and repeat as necessary - no one can legitimately refute that with a straight face as long as we have an Administration willing to do so. But the goal for now is higher.

Well, the why for each is even more straight forward: Each presents a better alternative than either the present, or prior alternative.