Spekulatius

Thanks you for your detailed explanation of the issues . You rarely hear some logical explanations as everyone tries to come up with a simple narrative to get elected. The AFD is exploiting the immigration issue to the fullest.

A lot of the non- citizens are citizens from other EU countries. Go to any large German company and you will see lots of foreign engineers and managers there from France, Spain, Italy, Poland etc. Sith and EU passport you can work in any country in the EU, there is no need to acquire another citizenship. Germany needs these workers and they also integrate well. The Italian, Spanish and no Turkish immigrants have also integrated very well. I agree that the Syrian immigrants are a problem, but they are not Germany’s biggest problem.

I just noticed that the “1420” Channel (Daniil) who has been conducting street interviews in Russia is active gain. This is a particular interesting and descriptive one that shows exactly how Putin operates (and most autocratic regimes for that matter). Heartbreaking really:

Alice Weidel is exceptionally articulate and agree with her one some things, but why are they all eager to lick Putin’s, Assads or Xi Jinping boots? What sense does it make to distance Germany from the US and move towards those autocracy’s. Seems like they never meet an autocrat they don’t like. Also beneath the public facade, there are a lot radical neonazis playing a role in the part who have been seen son Neonazi demos with swastika symbols and the whole nine yards. The party need to be cleaned up before it become electable.

Easy trade- US goes to 100%, rest goes to zero:

Germany was never build on cheap energy wither. Energy wasn’t cheap even when the Russian gas was. For example in 2019, the price for LNG in Europe was between 4-5 Euro/ MMBTU. There was plentiful supply in 2019 for LNG. Russian gas according to my source was prices similar. Prices have been normalizing but there is further work to do. Also the issue is partly not so much the natural gas or the LNG supply, it is the fact that there just isn’t enough power generation capacity due to favoring wind and solar with volatile output.

Gender is such a fluid concept though. You could be women, man, man at home, women at work. Who’s is going to tell? How about non binary?

This channel is very opinionated. Also, I don’t think I posted much DW or BBC sources here. DW does not deal much with India anyways as it is less important for Germany now than the issues with China, Ukraine, USA. India media sources themselves are terrible. Looks like junk or government propaganda. Stuff like this is no exception: Why is reporting from Indian media sources terrible?

There is one launch window every 26 months to go to Mars, the journey with current engines takes about 6 months give and take. The next launch window is late 2028 and there is almost no way it can be done with the Starship not ready yet and work on orbital refueling not even started. If you take a trip to Mars, it’s going to be a 4-5 year roundtrip. A colony is a mostly self sustaining and way more complex than performing a roundtrip which is daunting enough. Also who is going to pay for it - the American taxpayer? Why would they care about that. If you want to colonize something colonize Antarctica. Much better weather, plenty of water, good air, no radiation issues and if things don’t work out, you can fly home in a couple of hours. We will go to Mars, but it’s going to be the job for Robots. For humans to go there, we need way better space tech and foremost engines.

Depends on your definition of long term. A lot of things can get done in ten years or twenty years as long as we keep going. people tend to overestimate what can be done in the short term and underestimate what can be done long term. Astor the Chinese, I think two reason for the renewable push is the lead their own industry has in these domains, but also weaning off from oil for national security reasons. Coal is dirtier, but they can mine it themselves and Aldo import from Australia and Russia so it’s not dependent on a single supply line like the Persian gulf.

Community banks could see a merger boom. The reps want to deregulate banking. Community banks also would benefit from lower tax rates and they are one of the few business who pay the nominal state and federal tax rates . Most other business don’t. Those two factors could make bank merger more likely. Merger were always happening in O&G - I don’t see that big of a change there.

This just shows that Monish is a master marketer. But be it as it may, @John Hjorth donated to his charity and got a very nice thought out thank you from him. Nothing to complain about. You can be good in one thing and not that great in another. For all we know, his charity is doing great work and that’s all that matters in this particular context.

Wine sales are doing worse than spirits. Down high single digits in terms of volume year over year. As a group Millenials don’t like wine.

Solar, wind, LNG maybe even nuclear down the road etc. Certainly not petroleum products.

Unidata UD.MI - a small cap Italian fiber play. has been a pretty good operational performer since the IPO in 2020 but shares have come down quite a bit the last year. Fiber played as well as Europe have gone out of fashion. I think it’s a great buy here.

How so? BCS is in the UK and I don’t think they benefit from a boom in the US. The Uk doesn’t look it is going to boom anytime soon.

Do you really think this is about an accounting issue?

I think Austria (not in NATO), Slovakia and Hungary still have been using Russian gas until know. This should have stopped a long time ago as it helps financing the war on Ukraine’s for Russia.

Interesting channel about what happened with Eagle S. Apparently this vessel was dragging its anchor about a couple of other cables and pipelines before one snapped. There is also spy / surveillance equipment on this ship. This ship from the Russian shadow fleet is blacklisted by Port inspections, has likely no insurance, registered in the UAE and likely not see worthy any more. Finnland can board ships and apprehend them if they are a safety risk within a certain zone.

The biggest problem with Indian markets that unless you are an Indian citizen or an institutional investor, you can’t buy equities there, with a few foreign traded exceptions. Similar situation with South Korea. For most of us, the research starts and stops right there. If I could buy Indian stocks, I would not buy anything with Adani’s name on it. That guy has corruption written all over him. There are probably a lot of ten baggers, but India is also by far the most expensive EM out there, so I am not sure index investing is the road to riches.

I am not sure, I hold it in an IRA. I think not, since they do run their business, it’s not passive.

Not sure what the issue is here. I stated I bought ITM and don’t care about other owners as long as they don’t seem to interfere with the operation of this Holdco. Seems like the other owners like cash distributions and ITM seems to run a nice portfolio of companies. They also have shown that they sell at the right price, so it’s a bit like a private equity fund. They are very transparent about the operating performance about their Holdings too, way more so than most private equity companies I have seen. Why would I care too much who else owns this? I down expect a buyout here. https://www.italmobiliare.it/en/investments/portfolio-companies As far as being a dog, they paid a regular dividend of 80c and a special dividend of 2.2€ in May. The latter was from a sale of a holding above marks. Not too bad for a now 26€ stock, if you ask me,

Humanoid robots aren’t really that ideal for most tasks, so they are more a gimmick than a real product. Tesla’s robots are mostly remote controlled vaporware at this point. Fanuc and Yaskawa are large Japanese robot suppliers and both publicly traded. In Europe there is ABB and in the US, Teradyne had a significant robot business. I am not over enthusiast about robot business because the Chinese push hard and likely will be a deflationary force. Its a high priority from the CCP to become leader in robots because they are running out of labor and see this as a critical tech.

I don’t know anything about out them, ITM seems to be managed without too much family interfere and they are distributing cash to shareholders. That’s good enough for me.