UK

It is such a relief sometimes to remember it is still only ~30 B and not some ~300 B already:)

I like this/his style of talk:))

Low trading volume, no business. When I was an analyst once (very briefly), this was the first thing explained to me, when considering what to cover:)

https://www.cnbc.com/2017/02/27/warren-buffett-only-wears-suits-made-by-a-chinese-entrepreneur.html Not about watch but funny:)

https://www.bloomberg.com/opinion/articles/2024-10-03/chatgpt-s-advanced-voice-mode-is-an-uncanny-cultural-chameleon?srnd=homepage-europe

You are right on EU insurance limits. It is up to 500 K in US though. Good point re ETF, I actually think this is perhaps the best way to invest in Bitcoin for unsophisticated crypto investors, such as me, also because I would not even know how to hold it myself safely:))

Perhaps you are right, but these are insured, in some cases totally or to a some degree at least and generally also falls under state protection, so maybe this means a biger treshold for someone to attack them, not sure the same care would be applied to crypto assets? All this is way above my pay grade, just trying to understand how some people could be confortable with majority of their assets in crypto.

Not to discourage you from spending time on your favourite topic, but please be aware of the confirmation bias. Could be a good idea of spending some time for thinking what might kill the thesis. Like the question: what if some kind of super computing (quantum?) will become awailable in the future, but only for a few organisations/countries at first? I know I asked this before, but it seems so far nobody has answered or I have missed it:)

Nice, thanks!

https://13f.info/13f/000108514624003861-h-h-international-investment-llc-q2-2024 US holdings: AAPL:) Is there any way to know how his total portfolio looks like?

As of today, except if size of total allocation will start to interfere with my sleep, I think I would not be worried until at least 1.5 BV and perhaps would still own a very big position up to 1.7 BV. Now, IIRC previously you have said, that the higher the multiple, the better, but I will think about this when/if we get there first:))

Totally makes sense to me!

My plan: lets just wait until this filters to every value (and/or other) investor and is repeated ad nauseam at every investing podcast, so instead of complaining about M7, FED and frothy market, they will finally get on board en masse. Then we will sure find out what it is really worth and what appropriate multiple is:)

Then:

Just give me a link:). I think if this is really real it would also be important for me to understand what he does (stock picking would be ok, trading some esoteric derivatives I am not sure) and his time frame (not sure how I would copy some HFT or even day trading).

Nice!

https://www.bloomberg.com/news/articles/2024-10-01/dalio-says-china-s-leaders-face-whatever-it-takes-moment

https://www.bloomberg.com/news/articles/2024-10-01/japan-s-4-trillion-carry-trade-begins-to-slowly-unwind

And the sad confirmation: https://www.reuters.com/world/europe/ukraine-investigating-alleged-shooting-16-pows-by-russia-2024-10-01/

https://www.ft.com/content/2bb20587-9680-40f0-ac2d-5e7312486c75 Multiple European diplomats who attended last week’s UN General Assembly in New York say there was a tangible shift in the tone and content of discussions around a potential settlement. They note more openness from Ukrainian officials to discuss the potential for agreeing a ceasefire even while Russian troops remain on their territory, and more frank discussions among western officials about the urgency for a deal. ... Ukrainian public opinion also appears to be more open to peace talks — but not necessarily to the concessions they may require. Polling by the Kyiv International Institute of Sociology for the National Democratic Institute in the summer showed that 57 per cent of respondents thought Ukraine should engage in peace negotiations with Russia, up from 33 per cent a year earlier. ... If Ukrainians have warmed to the idea of negotiations, a majority — 55 per cent according to a KIIS polling in May — remain opposed to any formal cession of territory as part of a peace deal. “People want peace but they are also against territorial concessions. It is hard to reconcile them,” says Merezhko, the chair of the foreign affairs committee. However, the KIIS survey shows the share of respondents opposed to any territorial concessions has dropped sharply from a peak of 87 per cent early last year. It also found that Ukrainians might be open to a compromise whereby, in return for Ukrainian membership of Nato, Russian maintains de facto control over occupied parts of Ukraine, but not recognised sovereignty. ... As the KIIS polling shows, making any deal acceptable that allows Russia to stay in the parts of Ukraine it has seized since its first invasion in 2014 will hinge on obtaining meaningful western security guarantees, which for Kyiv means Nato membership. “The most important thing for us is security guarantees. Proper ones. Otherwise it won’t end the war; it will just trigger another one,” says a Ukrainian official. “Land for [Nato] membership is the only game in town, everyone knows it,” says one senior western official. “Nobody will say it out loud . . . but it’s the only strategy on the table.”

https://www.prnewswire.com/news-releases/fairfax-to-acquire-controlling-ownership-of-peak-achievement-athletics-302261917.html

Thanks for sharing John.