Rainier

Thanks for the info and the idea.

Thanks.

@Marco Van BastenIt looks like Holcim announced their intent to make a tender offer for CPAC. Any idea what price they will offer?

@kh812000 Are you still holding AMPG after the price run up? Thanks for the idea, I'm up 70% on it.

Great timing on ZS

I thought I would create a thread for special situations. Please post if you have any that seem interesting. Below are some of the ones I am following: LQDA (Liquidia) - Biotech with a pending lawsuit that is suppressing the stock price. Very deep analysis in the LQDA thread. Thanks to @whatstheofficerproblem CPAC (Cementos Pacasmayo) - Peruvian law requires Holcim to bid for the remainder of the company in the near future. Thanks to @Marco Van Basten AIRG (Airgain) - Timothy O'Connell has taken an activist position GDOT (Green Dot) - Currently a bank with a fintech component inside. Fintech is in the process of going private and (assuming this all goes through) GDOT shareholders will receive $8.11/share for that. The real value should be in the low basis in the remaining publicly traded BaaS focused bank. The primary risk here is that the transaction is pending regulatory approval. There is a recently started thread and thanks to @wabuffo MTYFF (MTY Food Group) - Undergoing a strategic review. I can't remember exactly who was posting about this. Maybe @moatrep? WBD (Warner / Skydance merger) - I am not touching this with a ten foot pole, but I did make a very good return on a decently sized position in Netflix when they were the initial winner and tanked earlier this year. Anyone know of other situations?

Anyone have ideas in this arena? Some stuff I've come across lately: BBY - With the recent decline, the yield is 6.5%. They also bought back some shares last year, so I have buyback yield at 2.2%. I have a Total Yield of 7.3% (tax adjusted, I'm assuming a 20% tax rate on dividends for the Total Yield figure). HPQ - Dividend Yield = 6%, Total Yield = 8.6% A few others that I follow that have high total yield, but don't meet the 6.0% dividend yield that the thread requires: BBWI - Div Yield = 4.4%, Total Yield = 9.5% BAH - Div Yield = 3%, Total Yield = 7.3% HRB - Div Yield = 5%, Total Yield = 8.4%

CONGRATULATIONS!!! It is definitely draining early on, but very much worth the effort. It’s not rocket science, just be really patient and think about things from their perspective and their future perspectives as you make decisions. I came from the camp of “I don’t like kids and never want to have kids.” But as soon as my wife found out she was pregnant, that all went out the window. And when he was born, it was obvious that it was going to be the best thing that ever happened to me. One thing to keep in mind is that, if you’re like me, you will end up REALLY (and I mean extremely) missing the era when they were a “baby” (from like 6 months to 3 yrs old). That’s a hard time and you’re tired all the time, but I look back now and I’d pay a lot of money to be able to go back in time and just play with him for a day when he was a toddler.

Thanks. I didn’t know that about Peruvian law.

I haven’t been following this. Have they announced that they’re going to buy the remainder? What is the 20% spread referencing? Sorry if those are obvious questions.

New Yorker profile of Altman: https://www.newyorker.com/magazine/2026/04/13/sam-altman-may-control-our-future-can-he-be-trusted

Thanks for the info.

My understanding is that Fairfax could likely be considered a PFIC for a US investor.

I am somewhat in this camp. I say somewhat, because I already own a very small amount. I would definitely buy more if a drawdown occurs. But I’m in the US and, by my understanding, it only really makes sense for me to own it in a tax-free account. So, while I would buy more, I am externally constrained on how much I own (by how much tax-free buying power I have).

It’s a classic. It also maintains the high quality throughout all seasons of the show.