LC

He should gift her the shares for her charitable work, if you ask me.

Chatgpt: Year Shares Repurchased (millions) Total Cost (US$ millions) Avg. Purchase Price Year-end Book Value/Share Avg. Purchase Price as % of BV Estimated % of Shares Retired 2017 ~0.35 ~150 ~$430 ~$450 96% ~1.4% 2018 ~0.55 ~250 ~$455 ~$455 100% ~2.2% 2019 ~0.38 ~170 ~$447 ~$484 92% ~1.5% 2020 ~0.56 ~215 ~$385 ~$525 73% ~2.2% 2021 ~2.31 ~1,240 ~$537 ~$674 80% ~9.3% 2022 ~0.61 ~398 ~$652 ~$752 87% ~2.7% 2023 ~0.31 ~276 ~$890 ~$940 95% ~1.4% 2024 1.347 1,588 $1,179 $1,060 111% ~6.3% 2025 1.007 1,625 $1,614 $1,260 128% ~5.0%

Hey MAGA, should we use some of that $100B+ ICE budget to instead make housing more affordable for Americans? NAH How about at least for bodycams so these ICE goons have some accountability? NAH https://apnews.com/article/ice-shooting-maine-immigration-dhs-f26f8c2256aa6f0748582ea4adbb515c Y'all Quaeda is at it again!

These 6.5% mortgage rates are great for first time home buyers... ...in Tehran! Fly that flag, baby! Yeehaw!

Trump is such a friend of the working class he made it 20% more expensive to drive my F250 to Walmart. Slide over to the end of the bar, Kash Patel - we're gonna need to Shaggy and Scooby to solve this mystery!

Looks like Trumpy has put the blockade back on...as you know the working class loves high oil prices so it's obvious that Trump has an incredibly deep love of the working class. For all the blue collar folks here, I hope you feel deep inside of you, how much Trump loves you

@frommi Could you give some example how you use puts to hedge? I am not so clear from your description. My understanding is - you are buying ATM puts covering 5% notional value of your portfolio, with 8 month to expiration, and rolling those after 6 months? And this is costing an average of ~2% of the portfolio value per year?

I'm just saying, lots of men out there have bad experiences and wind up resenting women for one reason or another...that's no way to live, no way to find a partner and no way to build a healthy relationship. Good lucky buddy, you're wealthier, younger, smarter, and probably more handsome than I - go knock it out of the park! Next time I'm in the city I'll shoot you a message, I at least owe you a round or a dinner!

I thought I missed the thread! My apologies ~ Happy (one week belated) Canada Day!

Please don't listen to these married virgins And ignore all that loser manosphere crap. You know what women don't find attractive? Men who use the words 'hypergamous' and 'hybristophilic'. Good hygene, a good nature, and kindness will get you 90% of the way there. Go chase those 25 year old women, it's literally the biggest selling point of being in NYC. Saving fun for when you're 40 is the lamest thing you can do. Youth >>>>>>>>> money, every day of the week.

Oh, and find somewhere and get a knish before they're all gone. The story of the knish is the story of 20th century NYC if you ask me!

Hah, awesome! I've got friends in Flatbush and ridgewood, if you're interested in either I could ask around. Nobody lived down by wall street when I was in NYC. But - hit up Parisi's for lunch. Some of the best sandwiches in the city at least back in my day. They're still around and presumably still legit.

Off topic but anyone who wants a great foot/ankle/achilles/calf workout - go to a soccer field (or anywhere, really) and run a few laps on your toes only - heels never touching the ground. Great for kids too, it builds an unmatched base of agility that translates well to other sports with quick changes of direction. Came from my old coach who was an ex-cosmos player.

Belgium embarrassed the US out there!

Need to go back in time decades for this

Problem is if you get rid of offsides everyone just keeps a player out there to cherry pick and it screws up the whole game.

Ask me this question 3 days ago and I'm underperforming the SPY, end of day today I'm outperforming by 100bp. Been holding too much damn cash (15% start of year; 30% now). Nothing hitting me in the face, though. But ultimately can't get too caught up comparisons...at this stage as long as I maintain my purchasing power then the rest is gravy, as they say.

You need to be more understanding. Now that MAGA's favorite island is off limits, there's no democrat in the white house to "peacefully protest", and their great white hope has kind of shat the bed in Iran, there is a concerning lack of positive talking points. So when in doubt? Fall back on the tried-and-true: A good old-fashioned and self-administered suppository of 1950s conservative talking points!

AI infrastructure as a resource could be compared to oil - do you think Norway's wealth fund is a similarly bad economic idea?

I was so excited to see who would be the subject of this thread title, I was not disappointed!

My favorite: If it's stupid and it works, it ain't stupid

https://www.theguardian.com/us-news/2026/jun/25/trump-news-at-glance-supreme-court What a world we live where a supreme court justice, a supposedly serious and grown-up adult, is actually making this argument. I've heard more convincing stuff from toddlers: Because US immigration law entitles migrants arriving in the US to seek asylum, the supreme court case hinged on what, exactly, it means to “arrive in”. In Justices Samuel Alito’s opinion, he wrote: “In ordinary speech, no one would say that a person ‘arrives in’ a place … before the person enters that place.”

I'll have some of what he's having

Is it my favorite idea in the world? No, but I think implementation is going to be much harder given Dems don't have a history of steamrolling their politics thru. I think they are more reliant on compromise, in comparison with MAGA. My recollection was even Obama being held a bit in-check by his own party. Not sure I'd call it a mirror image either as Trump kind of co-opted the tea party, unless you think Mamdani is going to similarly co-opt the DSA? I don't think he has nearly the star power as our boy DJ Trump

Well, for a long time Buffett didn't repurchase shares, idk if I'd call him an empire builder but I imagine he felt he could earn a better return investing rather than repurchasing. Then again I bet that's what every empire builder tells themselves. Of course Buffett happened to be right, at least for a very long time! The other difference IMO is Buffett maybe didn't want to come across as taking advantage of fellow shareholders (also why he publicly released his buyback criteria).