Ulti

A few observations from the Argentina Egyptian match. 1. Benz is amazing when you walk in the place … go to the FIFA.swag stands… There was only FIFA and Argentina gear couldn’t find any Egyptian. 2. Place was full of Argentina fans very few Egyptian, my buddy and I decided to root for Egypt because the 2 cute girls in front of us were rooting for Egypt. What was fun ?the flow of the game…. There was a long stretch where you can see the Argentinian fans, players and coaches had very tight, sphincter muscle .. 3. fan stay twenty minutes to thirty minutes after the match just cheering the Argentinian team and the Argentinian team was cheering themselves. That was amazing. 4. If all footballers are like the ones that played this game, they are all amazing actors, especially when they get touched. 5. Loud!!! It was a great experience and glad I went. and glad I wore earplugs.

Won’t have time for the Braves….My buddy tells me it’s quite the production around the Benz with all the fifa activities. Hope the game is an exciting nail biter…

And I’m stoked… arrived in Atlanta and will see Argentina vs Egypt… never been to any professional soccer game before.. only Ted Lasso haha… just started watching you tube highlights over the past few weeks… Buddy invited me and I hear the Benz where the game is being played is fantastic.

“You know, Berkshire is subject to the 15% corporate alternative minimum tax. And if they don't pay an effective tax rate more than 15% in cash taxes over a three year running period, they will be taxed on their unrealized gains.” From The Morning Filter: Berkshire Hathaway After Warren Buffett: An Early Read on What Investors Can Expect, Mar 5, 2026 https://podcasts.apple.com/us/podcast/berkshire-hathaway-after-warren-buffett-an-early/id1792280057?i=1000753375746&r=990 This was in an interview with Gregg Warren who covers Brk at Morningstar as to a partial reason for selling.

https://colossus.com/episode/you-retire-you-die/ Paul Jones touched on this subject and contrast his trader viewpoint on drawdowns with Buffet

How long till western Canada gets with the program? Bloomberg

https://www.wsj.com/world/middle-east/u-a-e-asks-u-s-for-a-wartime-financial-lifeline-3f9ea3a0 what if these countries run out of money to help pay for repairs… UAE gets 170 billions from oil and oil production…Saudi Arabia is cutting back… lots of us and allies military assets in the area… I could easily see a karg island takeover more escalation /much more damage in the region . In addition , us oil producers have been burned 2or 3 times this decade… I expect them not to be aggressive until they see$80 for awhile…. Meanwhile all the ancillary stuff it takes to make pipelines refineries etc have gone up in price ( companies that produce these services also see $80+ oil now and raise prices)… I agree that this is going to be with us awhile and will cost more .. Jack McClendon , a n oil producer interviewed on Odd Lots today was very informative ( technically challenged to produce link)

Thanks V …lucky …the plan is to add some lubricant to increase capacity by another 90000 barrels in 2027…. About a 10% increase in capacity…. More pumping stations later on… https://www.cbc.ca/news/canada/calgary/bakx-tmx-oil-alberta-bc-cer-9.7074250 everything I’m reading is that the Canadian economy is contracting and revenue is needed?… I like Carney… much better than who he replaced….hopefully he can push thru infrastructure projects asap( 2030ish)

V…. I’ve got to admit I’m inquiring because of self interest… I’ve owned Suncor since May 2023 and it’s grown to about an 8% position… Elliot management and the CEO RK has been fantastic ( and so has the trans mountain pipeline). The worry here is BC and how effective they will be as a province in stopping other pipelines to be developed. … how powerful are the provinces in stopping federal action?….there is talk down here in the US of building out keystone ( I think that’s what it is called) … to bring more heavy oil down to the US; I don’t see that happening in the current environment. Thanks for any insight.

I’m curious how much pushback there is to providing the infrastructure necessary to export oil to the world…saw today an interview on BNNnBloomberg with an energy economic professor from British Columbia and he basically said the economic viability for pipelines/ new ones was poor due to less demand long term https://www.bnnbloomberg.ca/video/shows/trading-day/2026/03/23/the-economic-viability-of-canadas-pipeline/ He does feel that because of long term contracts… lng is much more viable

https://inthecompanyofmavericks.com/episodes latest episode with doomberg on current energy events geopolitics etc… interesting take

https://www.brookfield.com/views-news/perspectives-podcast/offense-or-defense-positioning-portfolios-todays-market just out you might enjoy this

Don’t know if you’ve seen or it’s been posted but I enjoyed his talk on risk.

https://metro.co.uk/2026/02/20/donald-trump-orders-release-secret-files-aliens-ufos-27011837/ https://www.dailymail.co.uk/sciencetech/article-15577477/air-force-jet-area-51-trump-ufo-files.html I like the alien option better.

Add some running and you can compete. https://thebeermile.org/pages/records Go Canada