Spekulatius

I have got to say, some of Scott Galloway talks and podcasts are insightful. I think he is correct about many things :

Good eye. I bought the box behind it. I always check for broken eggs. I guess other folks do that too and that’s how this box ended up with 11. It is not a hedonistic inflation adjustment after all.

Isn’t the recent rise in crude prices due to the sanctions on the Russian shadow fleet? Biden was obsessed with the price of gas at the pump, that’s why he saved this measure until after he lost the election, I am sure. he should have done this a year or so ago when the workaround was getting traction with the Russians. No doubt the Russians will find another workaround but it will take time and it will be expensive for them, which is exactly what sanctions do. Also note that Ukraine has stepped up attacks on Russian energy infrastructure. Several refineries have been set ablaze and this is also fixable but costs time, there lost revenue. I think Russia may have troubleshooting keep their output up. https://www.newsweek.com/russia-putin-tankers-anchor-sanctions-2014585

No eggflation here in NC, just bought a dozen yesterday:

Roughly 40. Much of the above are adds. I don’t monitor every position all that closely, just check on them bi-annually when earnings come out or there is a large movement in the shares. Brenntag - I have owned many times over the years and typically I sell the shares as they tend to run with chemical stocks. Unidata is one I owned almost sind the IPO in 2020. Sold some when it really went off and have been adding back lately. It’s one of the cheapest stocks I am aware off. APR - I bought some in one account in 2022 during the Ukraine war doldrums and my limit order back then missed in another. It’s a pretty good business and I like it a lot and shares have come down, so I felt it time to add some.

Who is going to attack Canada? From where? Canada has land borders only with the US and none of the two has to worry about anything. @gary17 is correct, Canada can put quite the hurt too the US economically. Trump likes to bully . Hopefully he does it where it matters namely Russia and China. Instead he is trying his luck with Panama and Greenland.

European stocks I have bought recently: HO.PA (Thales) BNR.DE / BNTGY (Brenntag) APR.W (auto retail) EVO.ST (Evolution) JDEP (coffee, tea) ELIS.PA (uniforms, laundry service) UD.MI (Unidata) Most are smallish positions or adds,

Exactly. My grandads funeral in my home town was more entertaining that some of those highly choreographed weddings that I have been too. Wasn’t expensive either , we just drank his old wines. Started out slow but towards the end people were dancing. Same with this ridiculous Prom stuff. They spent a ton of money on dresses and limos and what not but nobody even gets laid any more. I am really off the deep end, maybe close to the bottom. Over and out.

Not only that Weidel talks about tearing down all the windmills (which would cost close to $80B Euro by some estimates) and starting up Nordstream II. I’d guess the idea is to go back to Russian gas and become Putin’s bitch. Then the whole revisionist history - she just claimed that the Nazis were socialists and communists. Ne, I know that the National socialist party had socialism in their name, but it’s clear they were anything but. The Nazis threw socialist in jail, plain and simple. But what can you expect from a party that has Nazi affiliations. Quite frankly, a lot of those folks are less deserving of the German citizenship than some of the immigrants they want to get rid off. Maybe offer them a one way ticket and re- migration to Russia, since they love it so much.

American weddings are just pompous experiences. I hate them. I have not been to many and a few times, I just said no (I have no problem doing so). People just say they can’t make it because they really don’t want to go - I have heard that too many times. I hope we hit the top on this marriage idiocy and I think Millenials and Z’s seem to be wising up.

Here is the paper that I mentioned in the HSY thread regarding the impact of GLP-1 on food expenses: Worst hit: Savory snacks followed by sweet bakeries (double digit decline). Also salad dressing and oil surprisingly. Booze not as much affected than I thought. ssrn-5073929 GLP-1.pdf

Calpine is such a blast from the past.

Got to love this answer. I agree Poilivere looks like a better leader here. I think Sheinbaum has it too in her.

Some of those are scheduled to be sent at these inordinate times. There is a lot of pretend work going on.

If Paramount is any guide, the foundation can get $250 in a buyout and minority non voting shares $125. Seriously after the Paramount precedent, why wouldn’t the foundation squeeze as hard as they can for premium at the cost of minors shareholders? They got the carte Blanche now to do so.