John Hjorth

Thank you, @Xerxes and Sanjeev [ @Parsad ], Front page of our local news joint today : Translation of upper two lines : 'Now the minister reacts in the case of an expelled high school student: It's unfortunate when someone gets into trouble, but ...' What a disgrace. What a moron. - - - o 0 o - - - Edit : Change.org - Petition: Keep Bardia among us

When everything goes to hell, belly up, banks have to pick up the tap for it, and then regulators step in to regulate them, as if they all were the boogey-man to get under control. Terms and conditions for bank investing, you know. Never fall in love with any of them, and don't go beserk, position sizing. It actually works great! ... untill it doesen't.

Greg [ @Gregmal ], Very nice to read that you've found a format, setup for the family, that works for you and the family! Do you intennd to hold to your NJ residential real estate, or are you considering moving your equity in that south bound? lol! I perceive you are a guy who simply can't just sit in the club in Joe Land with Marguritas having a good time! I personally woulden't be surprised at all reading one day about that you've already been up to something in Joe Land, perhaps even with Jorge! lol! - - - o 0 o - - - I like very much to read about such stuff here on CofB&F! -I learn a lot about America from it! - - - o 0 o - - - Mike [ @cubsfan ], It's just - by now - totally out the question to leave Denmark and the Danish healthcare system, to go on a vacation, or what ever. But I certainly haven't given up on that. The moment one may do that [give up], sitting in your favorite chair, suffering fron self-pitty, you're in fact already dead!

Monday, I called Mehrnoosh Emadi for a talk, a bit after noon. I got her oldest son Bardia on the phone. It appears his mom can't afford to have have a mobile phone up running, so he had provided his own number to the directory, to keep her connected. He sounded like a yong man, likely late teenager years for him. Here is photo of the family in a later article - Bardia to the right, and Moms recently deceased hubby in the background on a photo : I've just send him a text message, that I'm willing to help pro bono, and that I know where the right person is in town to help, as I'm not a lawyer myself. Bardias high school class has organized a petition for him on change.org, rooting for him, and the case is already on the relevant ministers table. But what does that help, when we are a democrazy [<- pun intended!], and the minster don't know if he is the minister after 23rd March 2026, after a parliamentry election? -In short, he doesen't care, and the family has an expel deadline 5th May 2026 to leave and go back to Iran! Just so crazy, and so Undanish, the whole thing! But now I feel good, I've tried, offered to help, if no takers, so be it. First thing you learn as an advisor : You can't solve all problems on this planet.

It reads fishy, nobody get their hunger satisfied with future omelets.

I serously doubt that! - But how are you about NJ? [Really, sincerely meant here! - Do you intend to stay a migatory bird with your family? [Joe Land <-> NJ] ?

@73 Reds, Much of the above is correct, I would personally say. I haven't yet seen you go haywire here in this topic, I suppose I never will, right? But from reading your posts - all of them - one get to sense quite well, when you're really upset - you simply aren't able to hide it. None of us are. I have personally been called out for misbehavior a few times my self, here and there. It's my temper. While getting older, I think perhaps my corners are getting honed a bit more rounded. I'm personally a camper here, however I will not exactly call it a happy one. To me this topic is as much cultural as it is political, and I have learned tons of things from it about especially North American culture and thinking. I'm personally trying to provide similar Northern European input here to the best of my abilities, i.e. I sense you have appreciated my posts containing information about all the Greenlandic stuff going on, and I'm trying my best to stay out of US internal affairs, I have been called out earlier posting opinionated stuff about such. Down a half house ytd, so I think that provides the merit for participating here, for my part.

Mike [ @cubsfan ], You have actually one half year more CofB&F seniority, length of service than me. Do you remenber how the environment was here about 9 years ago and the years before that? It was just absolutely terrible! -Many times I was thinking about packing up my stuff and leaving, without slamming the door [<-without deleting my account]. It always stranded on 'where else to go?'! -Much, much better to day, so we don't loose young CofB&F newcomers and newbies, who all are the future CofB&F energy!

OK, On a serious note, the tone in this topic to me a couple of times within the last week, or so, has become so relentless, unrelentling, irreconcilable and uncompromising, that it doesen't really dress us well, - any of us! So I have tried to loosen up the sentiment a bit here, by acting as a break clown in a circus. Better taking some heat for that in stead of seeing fellow CofB&F members for now many years going overboard against eachother on all this stuff going on right now!

You have no idea how deep in trouble I am here! The 'Humus Strait' issue [<- ref. @Xerxes ] is a nothing burger compared to my situation! - More later!

I think we need something nice to look at in this topic. The weekend before the last I took delivery of them, these two, at a cash price of DKK 500 [50 cm x 70 cm], I coulden't really help it, paid with a great part of of my prep money, DKK 500, out of DKK 700, I still think we will survive, Berkshire not going broke,not going into the ditch and hitting zero :

POTUS likely doubling down on war against Iran! Bibi must be a happy guy now! : https://truthsocial.com/@realDonaldTrump/posts/116245182325726375 [4:18 PM is my local time here in Denmark, about 4 hours ago.]

It actually reminds me, that I need to update you on the progress and 'State of the Union' on my 'Valentines Day' 'success' [more a totally disaster, actually!] about the vase and the flowers! I's not good, -my sincere intentions is do a come-back, hot! More later on that soap opera! <John, reporting from the doggo house >

I bought a tracker position in BMO.TO - Bank of Montreal today, just so that I can find the stock again!

Thank you, Eric, - - - o 0 o - - - I just checked out the Investment Ideas Forum, by performing searches, to identify which of the large Canadian banks we here on CofB&F have separate topics on, and I came to the conclusion : Two out of six [some may perhaps say 'five'] - this is to me quite weird! : RY - Royal Bank of Canada, topic started by @Xerxes at 17th April 2025, NA - National Bank of Canada, topic started by @billybobjovialdechicoutimi at 3rd September 2025. - - - o 0 o - - - Again, so weird to me!

Sanjeev [ @Parsad ] panicking! HaHa!

@adventurer, It may be off-topic, but to equip this topic with some balance, it's great. In Sweden, there exists this special butterhole, tax heaven, for taxation of Swedish investment conglomerates : You will likely incur a tax leakage on some nominal dividends, but what about for the Swedish holding company in the conglomarate getting tax deductions for dividends paid out to you, combined with no deferred taxes of unrealized gains on listed investments? [,wich BRK and FFH can't offer.] We have a topic here on CofB&F about Investor AB, but to really understand the inner workings of this Swedish tax mechanism for such companies, you have to study Industrivärden AB, simpler than Investor A, and pure-play listed investments, which Investor AB is not, so it is hard to study by studying Investor AB. I own them both.

Thank you for sharing, Eric [ @cwericb ], Nice to know. This banking oligopoly has been created over time by mergers in the past, right? Why is it, that RY is in front with horse lengths among them? @ourkid8 also posted about RY earlier today in the 'What are you buying today?' topic :

@ourkid8, Not so far, thank you. Thank you for for sharing your experience and assessments. Timing may be totally wrong with this. I need to own them, to keep my interest intact, so I actually really start messing around with them, to get to know them. That's also why I opted to revive the 'Canadian Banks' topic started many years ago by @Viking. I have always wondered why the coverage of them here on CofB&F has been , uhmm ... sporadic, I would calll it. Next, I'll check if we have separate topics for each of them in the Investment Ideas forum. I don't think that is the case, by recollection.

Copied from the 'What are you buying today?' topic yesterday over to here : What a ridiculous errror commited by me yesterday! BMO is actually the tird largest bank by market cap in Canada! I was simply sloppy, moving forward too fast with this yesterday, not checking everything correctly before acting on my calculations. It was a couple of years ago I looked at BMOs financials, and only a couple of weeks ago I loked up BMO 10 year key metrics. I used a list of all Canadian stocks sorted by market cap, and picked from there, at my investment bank, and BMO was not on the list. Largest companies by market cap : Largest Canadian companies by market cap [in CAD] If I search for BMO using the seach function at Nordnet Bank, I don't get the Toronto listing either, only the New York listing and a lot of preferreds : So I called private banking clients relations manager Mikkel about it today: Reply : 'John, Log in using your public ID [here called Mit ID], open new tab in Google chrome, and type 'BMO Toronto Nordnet', press enter, and there you go!' [ ] [<- WT*?!] HaHa! : So I had to recalculate the basket after that [ ], I'm likely the first person ever to compose such a basket at 115.81 percent without the use of margin : I will buy BMO.TO, when I'm in the mood to buy more.

@Xerxes, Is that morbid, laconic and dry stuff a Canadian thing, or is it from Iranian culture? I have heard the air is dry during Canadian winthers! Reminds me a bit about @Spekulatius' sense of humor from time to time.

@frommi, This fear has been around here on CofB&F as long as I've been around here. No, I'm not. This is a starter position right now, but as a posiion, this, the whole basket viewed as one, is not a tracker size. It's bought by the use of proceeds from selling all BAC and a small C legacy position, that arrived by change in the gang in December 2025, sis in law joining the gang then.

Sanjeev [ @Parsad ], I suspect most of the people here on CofB&F below perhaps circa 40 years of age may think you have run temporarily short of alcoholic beaverages, in desparation grabbing the night pot! But eventually, they will get it! - When they eventually get it, we'll be long gone, and they then think like us!

@Xerxes, Please explain why ethnicity matters [ Larijina, Persian, Azeriri, what ever] here. I'm a dumb, ignorant Northern European citizen with no knowledge, what so ever, related to it. -So, please. I'm all ears [eyes]!

Eric [ @cwericb ], I remember a TV interview in about 2010 with Arnold Mærsk McKinney Møller, where it hit me like getting hit hard with a club over the head, Mr. MMM replying to the impertinent question from the interviewing person : Q : 'What do you think is your biggest issue with getting old?' MMM A : 'Every day, I miss Emma. <his late wife, who passed away in 2005 also born 1913, like him, John> Furthermore, I've lost a lot of friends. While I'm getting old, they have long time ago started to die on me, not many left.' - - - o 0 o - - - Meet thy next in eye height and eye sight. Some have to learn it, over time.