LC

How do taxes inside the GRAT work? Assume I put 5M of Berkshire stock in a GRAT, zero'd out over 5 years (1M per year). Presumably every year selling 1M of Berkshire stock generates some capital gains - where does that liability reside?

Point is even if the Dems put up a super progressive rather than a centrist, I can't think of any Republican who that would be a layup for. Gavin Newsome for example would destroy JD Vance in a debate. Hell, a pair of shoes would probably do the same

Who is going to run for the Republicans?

Anyone ever think of moving residence to Puerto Rico for tax avoidance? I think Kupperman does this? His fund is based there.

St. John's college in Maryland has a Great Books curriculum for its liberal arts degree: https://www.sjc.edu/academic-programs/undergraduate/great-books-reading-list

I'm hoping nuclear energy continues to be pushed thru government approvals. I own Aecon who are building North American'a first SMR in Ontario (https://www.aecon.com/our-projects/current/darlington-new-nuclear-project) Trump says he wants to push thru similar projects in the US...time will tell.

But I’ll meet you in the middle- the democrats do need to work on their marketing.

Of course, The Republican Party is the party of the American worker. No good American would question that! Remind me, what was the nazi party’s predecessor? Oh yeah, the German workers party! I can only imagine how frustrating it feels to be constantly compared to the nazi party. Perhaps a request to the dear leader to stop emulating their political tactics? It might reduce the comparisons!

On MSGE, I routinely sell calls against the position. It's a similar JOE/Bruce behavior where the market routinely puts a Dolan ceiling on the stock. I've lost count how many times I've sold calls @ 45, then sold puts @ 30-35 when it inevitably retreats. I trade UMG when it drifts to the low 20s, then sell at 26/27. So I like when there are options available to sell against these family holdcos because it can juice returns when the market puts some cap on the share price.

Cool fact: If you add the word "Social" in front of "Democratic Party", this statement fits right into 1932 nazi germany! Who said history was boring!?

https://en.wikipedia.org/wiki/Gleichschaltung Another good read from Wikipedia. Interesting to know the history of how exactly Nazis consolidated power.

https://www.yahoo.com/news/articles/pentagon-restricts-ukraines-us-missiles-211324391.html The Pentagon has been quietly blocking Ukraine from using U.S.-made long-range Army Tactical Missile Systems (ATACMS) to strike targets inside Russia, limiting Kyiv's ability to employ these weapons in its defense against Moscow's invasion Here we go again - Trump is just like Biden. SMH

https://www.thedailybeast.com/hegseth-fires-general-who-told-truth-about-bombing-iran/ Remember folks, American citizens do not deserve the truth - they only deserve the Trump Truth(TM)

Anyone buying Intel now that Trump socialized a stake? Or shorting it?

I am just a spectator here but it is a curiosity because the business model seems unique. My question is how do you measure progress/success of these companies/business models?

Multiple people called out your poorly worded question, but sure - everyone else is obtuse. Enjoy your spritz.

I will say you presented the question as if a common language is justification for an aggressive invasion. Which it most definitely isn't, as illustrated by the extreme examples (which, by the way, you interpreted as insulting, but were just a response to your poorly worded question) But to your real question of "is it the worst outcome"? The question more accurate put is, do we as "previous" allies to Ukraine, does NATO and the international community, should we all allow Russia's behavior? Should we assist Ukraine in defending their borders? How strong should that assistance be? I think we (the US & Europe) made Ukraine a promise of assistance decades ago, and we should honor that and we should aid them with to unrestricted conventional weapons access (US) and weapons + troops (EU) in repelling Russia from every inch of Ukraine land.

Help me here - what does any of that have to do with culture and language?

I need to face reality? Please, continue waxing on about culture and language as if that's some actual reason to forfeit sovereign borders to an aggressor. If you want Ukraine to fold over when invaded then just say so. Get your story together, currently you're reading as second-rate propaganda. You can do better, comrade!

Your question is essentially “why don’t they just give Putin what he wants?”, with some silly justification about language and culture. Frankly, you asked a bad question that most people would just ignore. I felt in good faith that every question, no matter how disingenuously asked, deserves a response. No snark intended but the logic of your question is, to put nicely, total nonsense.

First let's give Gaza to Palestine. After all there is such a strong cultural and linguistic identity. And it would end the war. Might as well give them all of Israel. Culturally they're very similar, you know. Then we can discuss Ukraine. Sounds very reasonable!

Let's be real - Italian-Americans are a tiny portion of the US population and certainly not enough to swing anything. Tons of Italian Americans in NY state and if they all voted Trump he still would lose the state. Also, the cultural difference between Italian-Americans and Italians is huge. Jersey Shore vs. Italian Riviera

Well you've got that right My two cents: Berkshire has little/no practical experience executing this type of business. It's why they always hire partners to do so. That's been WB's m.o. from the very beginning, even in his partnership days. Not to mention the power of brands has seriously eroded in the recent history. I think WB has picked up on that given his investments in the space. Not a business he'd want to get into and compete in himself.

Yeah I think you raise good questions. I am curious to see how (1) the incentivized deportations and (2) the tariffs funding 1% tax cuts, both shake out. Will the average American be better or worse off? Hard to say.

It's a metaphor. But - you know who does not have the red carpet rolled out for them? War criminals who are not invited to your country. Biggest issue as we all know is healthcare. To your point on opportunity, I haven't seen recent studies but below is from 2012. There are many countries which score higher on both wealth distribution (i.e. equality) and economic mobility. Frankly, we are failing our own people: