Borgesian

So they have now underperformed both the TSX and SP500 for over 20 years. I don't necessarily understand why people would keep betting on Prem.

I think you sold way too soon. I would held past 2020. Probably right, but from the other perspective I generated a lot of free cash flow for myself and there are plenty of other opportunities out there trading at bargain bin prices. In a covid free world there is no doubt I sold too early. If (I know, I know) the market takes another leg down and GOOG hits 1100 again I would be kicking myself for not selling out earlier an having the cash flow to buy shares. I feel good about it so I'm gonna go with that ;D Totally understandable. I guess the other question I would ask is, was your initial plan to always sell once the stock hit $1500? I mainly ask due to the duration, as you have a run way of almost 20 months but only held for 1 month. You're right that the market could have taken a leg down. Though my thinking would have been that sure, things going still go down and we may have another wave of corona, but I've still got a 20 month runaway in a tech company that is generally resilient. I have similar leaps in a variety of tech companies and its hard not to cash in those unrealized gains but I'm going to wait it out till next year, unless something material changes about the actual businesses. Anyway enjoy the profits!

I think you sold way too soon. I would held past 2020.

Yup, Jim Mooney runs the public investment portfolio.

Pocket Casts. Works very well and syncs listening history on all devices.

I use the office suite of programs on a daily basis (especially OneDrive, Excel and OneNote), never have any issues with them. Also switched to Microsoft hardware 5 years ago and the Surface lineup of goods is pretty great, have had fewer issues with them than my friends who have bought Macs in the last 5 years. Edit: Also the compatibility with various software that you can't always find on IOS makes it rather hard for me to switch from W10.

It's good to remember that Baupost's annual letter comes in three parts, the first which is written solely by Klarman and tends to focus more on the macro/political/psychology, the second focuses on the public investments portfolio and the third which focuses on the private investments portfolio. The latter two are a lot more in depth and go into specific positions and returns.

+1 I'll keep getting my entertainment from Netflix, I don't want wildcards in the White House dealing with National and Foreign policy.

Another recommendation for the books of William Poorvu.

There are complete transcripts out there for free. Is there a value-add to your notes? Not trying to rag on someone looking to make a buck, just curious. I'll just chime in, having purchased these notes 3X before (in addition to one meeting which i attended). I'd say this - it's the best transcript available - and almost like being there. I missed so many things in my own pages & pages of notes in 2013 meeting. All the other notes I've seen are fairly condensed - and very good - but not the same in my book. Too many nuances and fine points to capture. And if my small fee - allows me to not travel and incur much expense - I want the best notes possible. JMHO But there's also audio available (which I would say is a lot more like being there than a transcript), $50 sounds like much when there is free audio.

Thanks! I actually just got my kindle 5 days ago so I should be able to buy it. Would have been nice if his previous book also had a digital version.

Hey where did you get your copy of Capital Returns? Amazon doesn't have it available yet.

I pay $5 per month for 1GB LTE data Texting - Mixture of whatsapp and Telegram Phonecalls - Mixture of whatsapp & Skype (free minutes due to Office 365) And I keep $5 in credit on my phone incase I'm ever stuck somewhere without 3G/4G and I use a Microsoft Lumia 950

http://thinkprogress.org/world/2015/11/16/3722838/all-paris-attackers-identified-so-far-are-european-nationals-according-to-top-eu-official/

I am not familiar with Stanley Druckenmiller… Is he as good as Tepper seems to be at market timing? Cheers, Gio Druckenmiller is quite good at what he does, mixture of a very good trader and investor. Some resources