cubsfan

Way too much common sense there. Tariffs are very effective tool for foriegn policy.

Done - I'll send my files to @dwy000 via pm thanks

No - I've posted these stats before. Now I need to find them. It's that simple. But you don't think there is an immigration problem anyway with Mexico - you think everything is just fine that doesn't square at all with why we have a new President. This was his #1 issue. You just don't believe it.

I am saying we have a crisis with Mexico that you don't seem to think is a problem. If you are unwilling to acknowledge that crisis - then this is pointless discussion.

Ok , so your saying Jamie Dimon is a two-faced liar? You saw his interview at Davos I take it.

Do you agree there is a huge problem as I laid out in my answer to you?

There ya' go Sharper! It's great for Canada and great for America! We agree for once!

Guess what @Blake Hampton Silicon Valley CEOs, Jamie Dimon and a whole lot of CEOs are lining up behind this guy. Actions speak louder than words. The animal spirits in America are being unleashed. It won't take long for the US to be energy independent. Its truly a historic time. Like all the whining with the NATO countries - they bitched and moaned and Europe/NATO is much stronger because of this President. This is just the man to solve the trade deficit.

Obviously you don't think there is a problem. There is $108B trade deficit with Mexico. There are 10-12 million illegals aliens that entered through the Biden term. ICE is rounding up criminals like crazy that Biden let in. Murderers, rapists, child sex felons, etc. There are 300K missing children unaccounted for (Myorkas says lost) during this term - many are child sex trafficking victims. Illegal aliens/residents send Mexico $60B a year back to Mexico. So Mexico is having a field day to the tune of around $170B while they empty their jails and export their poor to the USA. It keeps the Mexican government in power. What a wonderful relationship! It's quite a safety valve for a corrupt government - just like Columbia, El Salvador, Venezuela I find it so interesting that this board thinks the US President should sit by like some kind of patsy or sucker like Joe Biden. Why in the world do you think this guy was elected??

^^^ You've got it figured out all right. No one said it was going to be easy - so you just throw in the towel? Is that what you do? Just give up? Curious why you didn't post the illegal immigration and exploding crime stats?? Perhaps, because they were off the charts?? How convenient @Buckeye

It's 100% a leftist rag. They've always hated the current President - who are you kidding? The Narco state of Mexico can shut down the fentanyl trade when they get hurt enough. The cartels control the President of Mexico. When remittances and trade profits dry up - you bet she will close that border faster than a speeding bullet. Just like in 2017-2020.

Of course! It gives tremendous leverage over a narco state like Mexico. I'd say it's the ONLY way to deal with a corrupt government like Mexico. Just look at Columbia - they folded like a cheap suit.

A pop quiz - I like that - Canada?? Go ahead - predict the demise of the US. Capitalism adjusts period.

But most Americans agree they have had enough of fentanyl deaths, child sex trafficking, crime, open borders - especially with Mexico. Why would they care about the WSJ - a leftist rag. There will be pain, but there will be safety. US capitalism makes amazingly quick adjustments.

It's interesting to see all the predictions of US isolationism, the tariffs won't work, will cause inflation, blah, blah, blah. It's simply a realignment that focuses on our citizens. Tariffs will be used to seal the border, reduce drug trafficking, increase security and increase middle-class jobs in America - and lastly, reduce the trade deficit. It's a wonderful thing for the country - even though it may get a little painful for everyone involved. But it will be particularly painful for Mexico, given the asymmetrical relationship the US has with them.

70 ,, and the man has it right!

Like all good socialists, they think they can legislate everything, even innovation.

Promises made, promises kept.

^^^ Gosh, I couldn't agree with this more.

I posted in the wrong spot, so cross post here: https://thecobf.com/forum/topic/10047-klarman-holding-50-percent-cash/page/7/#findComment-597304

That's the point. Look at @Gregmal Ebay - on the surface, looks like no/possibly shrinking growth - but the guys on the board dug in - and you see enormous buybacks, a MOAT that is not in danger, despite the consensus. These opportunities require insight - and the valuation might indicate some margin of safety. Business insights are more important than the surface metrics.

Yeah, that's the risk you took. But analysis says they print money, the earnings are almost 100% cash earnings, all it took to be a decent boring performer was healthy dividend & stock buybacks. Plus the international business was huge and foreignors love to smoke. So the downside looked like dead money or opportunity cost. But if anything good happened -- well, you were off to the races. Like Steve Romick says "Good things happen to cheap stocks"

Exactly, a few years ago, bought a lot of IMBBY, Imperial Brands, 11% dividend, PE was around 6-8, no growth business, but CEO committed to shareholder returns with a real plan. Stock was $18.50, now it's $33, Dividend is around 7%. So turnaround plan worked on no growth business. Again - temporary problem on business with a serious moat. Still hold it even though it's fully valued - if I get a dividend bump - we'll go up again. On this board - there has been fantastic analysis of BTI - which I also own. And MO. Boring, boring, boring stuff that the ESG crowd refused to own.

Given that, you ought to look at FMC @Blake Hampton Trailing P/E of 4, forward of 9, moat around the business, temporay problems due to patent expirations. Durable, durable business. There you go, now just find 9 more like this. IF you can't find them here, with ALL the great minds - then you are overthinking this...

Fair enough. I've lived all those periods since the mid-80's. My own portfolio would likely be considered "boring"... sprinkled with a few that others would consider "speculative" that I think I have some insights into. So most of the time - I'm close to fully invested. It's not I like a need 20 great ideas.