LC

"I got pregnant in a Geico insured car, now Geico you've got 18 years of support to pay..."

293 for me

Yes and yes. Cmon is this poll for real? Look at tax law for a zillion examples.

Yep - I agree. Picked up some shares recently. They are a safe harbor in what may be choppy waters, and I agree with you that Warren's recent moves have been attractive.

I'm not too familiar with healthcare but it's so full of tailwinds it's hard to ignore. Are you looking at information/data or actual monitoring devices? (Or both?) On the info side, every doctor I speak to bemoans companies still using things like fax machines to transfer patient information. There is little/no standardization. So how do you improve here while staying on the right side of HIPAA? And on the device side I know even less. Can you recommend any places/companies to get started?

Even drinks in the hood are getting hit with inflation https://www.google.com/amp/s/nypost.com/2022/05/23/illegal-nutcracker-drinks-skyrocket-to-15-around-nyc/amp/

Trading around helps. I do so by selling calls into bear rallies. I’ve recovered a lot of cost basis this way. Selling puts I find can be dangerous but where there is real carnage I will sell stinker puts. Got paid $10/contract to buy Adobe in the 200s a while back. That kind of stuff takes the sting out of the market contractions.

If the crux of the supply-side inflation argument is that government doesn't want to make changes to increase supply (more immigrants, more o&g drilling, more building, etc.), I have faith congress will do what it always does when their ass is on the line: turn a blind eye, cause a distraction somewhere else, and when nobody is looking, pass laws on (or refuse to legislate other laws) some activities to increase drilling, building, immigration, etc. etc. It's in every congressperson's best interest to have low prices. Fat, happy constituents don't want change.

May need to do some field research this summer.

I don't prescribe to the gap theory but, hey, nice call.

Is moving to Calgary and renting the spot in GTA out of the question?

Yep I put positions in BRK today and activision this week.

I joined the party as well. Hopefully the kool aid is light and sweet.

Woof

Problem is the show just sucks now. The characters have become caricatures and the plot is redundant. The show was over once Damian Lewis left and frankly it lasted a season too long with that. Fun fact is Paul Giamatti bought a townhouse in my old hood for a mil or two back in the day. I don’t blame him for sticking around, gotta pay off that mortgage I suppose!

If you've got a bottle of Carpano, I'd suggest the Del Professore bianco (white) vermouth. You can use it interchangeably and I actually prefer it to a red vermouth as it's a little lighter and brighter.

Agreed. Find something you like, figure a reasonable valuation, and see what the puts sell for at that price. A few weeks ago someone paid me $7.50 to sell me Adobe for $260 in October. I wimped it up and didn't go in hard enough. But that was a screamer. Was buying MSFT also @ ~270 with the proceeds. Merger arb is a whacky one and I trade around it because I never know if the deal is going to close or not.

Try Del Professore. I prefer it to Carpano in my negronis.

We’ve had a almost a half century of tech companies from the 80s thru today - companies which prioritized the virtual world. It’s been two, three generations of humans who saw technology as the next stage forward. maybe the next half century returns to the analog world? Companies like Airbnb, live nation, and such whose value prop is offering a polished human experience?

Spek, are you unwinding your defense trades?

It's all detailed in his best selling book "America's Coming Bankruptcy" ... Published in 2014

Sold adobe puts - Oct'22 - 260 strike.

Or tax the windfall gains of politicians. I'm sure that will pass.

Yeah the big question here is how much can they grow. Particularly if we see more wireless and satellite networks being built out - this could provide future competition that I am not sure garmin could manage outside of dropping prices.