John Hjorth

Thanks for asking, @Xerxes, And certainly a strategically important issue with what's going on in in the whole Arctic Area. It's like a barrel of powder. My personal stance is that the Greenlandic people have to decide for themselves, otherwise, the rest of Denmark, called Southern Denmark, behaves like any other state with imperialist propencities. But there is a catch. No "Block subsidy" from Southern Denmark to Greenland, if Greenland wants its own independepence. That number is around DKK 72,000 per Greenlandic capita right now, about DKK 4 B. So : "Now grow up, or now go grow a brain!"- You can't have the best part of both ways by cherry picking. Source : Sermitsiaq . My personal perception of such alternative is, that under such alternative, the Greenlandic society would start backsliding into its past, where it came from. That may be a wrong perception. USA is already in fact also helping a lot to keep things at the place up, by running the Pituffik Air Base, formerly known as Thule Air Base, thereby pumping a lot of money into the Greenlandic economy.

Here is how civilized nations behave during territorial disputes and how "war" is conducted around it : Between 1973 and 2022, Denmark had an ongoing and unresolved territorial conflict with Canada. Wkipedia : Hans Island Wikipedia : Whisky War Youtube : The Canadian - Danish Conflict To me, it has a lot more appeal to fight using flags and alcoholic beverages [here : Canadian Whisky and Danish Snaps]!

Thank you for some great posts to all of you keeping this "tire kicking" topic going. I was a bit in doubt if it was a good idea bumping this geriatric [<- Huhh!?] topic up. I haven't regretted one moment doing it. Humor, witt, life wisdom and self awareness, all in one fantastic cocktail to read here! -Also, today I actually learned something for me new here: Sanjeev [ @Parsad ] posted upstream this: I had to give up and give in understanding this phrase ..., ending up capitulating on it, asking the Lady of the House [, which certainly is very well below my dignity! - She is a translator by education].

You may call me crazy or what ever, I have a personal pocket theory that Crimea for this man is about the distance to the position : 44.419°N 38.205°E , which is what? - perhaps 200 kms? :

So much for that : Sweden : So much for that.

@Whensthepaintdry?, I suggest you to read the posts by @Dynamic here on CoBF.

Greg [ @Gregmal ], That comment about *... old people shit lol* is still hurting a lot! - It simply sucks dearly getting old!

Absolutely gruesome, ugly and meaningless seeing young men - Russian or Ukrainain - does really not matter to me! - loose their lives like this - In Europe, anno 2023! It's a disgrace for Europe.

@Luca, Yeah I know, but this topic is not about Swedish conglomerates in general, but about Swedish Investment Conglomerates, who are applying the special Swedish tax feature of "skabelonindtægt" [translated to English : "Template income"] while investing in listed companies, as I have explained upstream in this topic, where the company gets a deduction in its taxable income for dividends paid to its shareholders, while at same time not subject to tax on the received dividends from its listed investees. To me, a crazy tax practice, but I'm certainly happy to take advantage of it. Teqnion AB is not such a creature.

Perhaps I should add, that going totally berserk buying Berkshire in the early days for me [and my familly] simply has been a life changing condition for my family and I. Talk to me about the psychology of averaraging up! - Those were the days of picking the B below 90!

Thank you, Mike [ @cubsfan], I appreciate the advice very much, to get back on top.

The real joke here - or tragedy, or what ever you may chose to call it , Mike [ @cubsfan ], is that I still have to work with my inner me , to become a better me, a less jerky me, also here on CoBF. It's actually pretty embarrassing for me here, now that I think about it. Thinking further and deeper about it, I'm sure it's about I'm not getting kissed enough. From here it spirals into circles : Who want to kiss an old jerky man?

Same here [, as what @rkbabang said above, and I have posted my age earlier in this topic upstream, now years ago], right now 64], with a huge thank you, for getting a lot of help over time to get less dumb by being an active CoBF member, by reading my fellow board members posts here on CoBF since March 13th 2013. The first three years here on CoBF I spent almost all my time online here on CoBF, reading the board all the way back to the moment, when Sanjeev [ @Parsad] folded the board out! Something like 100 posts from me [low quality, mostly, I may add] within the first three years. My investment on that date [Paying the nominal CoBF registration fee, to get online access, later the Lady of The House joined too, as a matter of pure respect and decency for what Sanjeev [ @Parsad ] is providing to us all, ] is the best investment I've ever made, and there will never be a contender to beat that - It's simply impossible, for a cheapskate and whimp like me! For the Lady of the House and I, we are actually at about 20 times what I started with back then, not only because of the content of CoBF [which for sure has mattered a lot], but also because all that shit I know about how to handle capital in a family with regard to taxes, gifts among generations, etc. We are both of pretty modest origins, I would say. The Lady of the House retired officially in 2015, and I personally haven't had a paid job since that year, too. Snowballing compounded. Works absolutely great. If "old" / former acquaintances approach me with the question : " John, What are you doing today?", my answer is : "Nothing." - It always triggers an interesting conversation!

Respect for a very good post of yours, Mike [ @cubsfan ], We all have to pay up, to get this *thing* /*evil* to go away / disappear from the surface of the Earth. Under the auspices of NATO, or whatever. It is about freedom, or the lack of it. I have a personal friend, who has spent almost all his time , starting short after the war started, collecting [legally] funds for the support to Ukraine [millions of DKK], locally here in Odense [Kyiv is actually a friendship town of Odense, Denmark], and during the last cold period taking massive actions to gather and collect generators from everybody who was interested to contribute, taking care of all the logistics challenges related to getting those productive assets to Ukraine, too. In short : Personally I can't see a better alternative.

Perhaps time for a revival of this topic started by @rkbabang, now AGES ago. Makes communication among members here on CoBF easier, I think, and provides supplementary perspective on posts by fellow board members. Naturally optional, in respect of your privacy.

Ravi is obviously severely hit at the moment by the syndrome that haunts many long term Berkshire shareholders. The urge to do something. Sit on your a$$ investing doing nothing is actually very hard. Pretty good initiative here Berkshire related, if someone asks me, as alternative to start trading.

Those companies Chris Mayer is interested in are as such roll-ups, which are not Swedish investment conglomerates in the sense applied in this topic.

I ordered the book Thursday at saxo.com as I always try to do, to circumvent separate bills for customs and that includes a fixed fee for a customs declaration as such, that always upsets me, as I consider it a PITA, and it can distort the price of a book delivered to Denmark to the sky, relatively. Saxo coulden't deliver. In stead, I ordered it at amazon.de yesterday, which can deliver, but a bit pricier.

Today, I've gone back, reading this topic meticulously, including provided links in posts, of all posts after tuesday this week. I have to say It's great to have other CoBF members taking the time and energy beating the crap out of my personal cognitive biases, thank you. All I can say further is I hope this helps. - - - o 0 o - - - Here, it's hot, and the sun is shining from a clear blue sky! Stay cool!

I haven't been much in doubt about the last line of yours above lately, @cubsfan, It was the post about Russia joining NATO by @Spekulatius that triggered my post. Source?

I simply don't get the above quoted. Please elaborate.

Yet again an absolutely awesome post just above by you, @Viking!, Thank you very much, and thank you for all the hard work on FFH you have shared with us within the last few years or so here in this forum. [I am one of those guys who got it wrong with FFH in the first place, meaning in the past, one had to be trading in and out of it, like you, @Crip1 and @bearprowler6 [among others, nobody forgotten here] have said, but I also really did not give up on FFH [likely because of modest position size] at any time, where a lot of other shareholders did.]

This topic has changed name recently, to a name of a topic that has actually been discussed on ongoing basis since I joined CoBF now more that a decade ago, in various shades, actually almost back to the day of what I call "the CoBF Big Bang", the day that Sanjeev [ @Parsad ] installed and folded this board out, getting it up going and running from an infant and modest start. That date was February 1st 2009 according to our Common Era. The only exception beeing the first short period in this boards existence untill the market buttomed out under GFC, where the pendulum stated to swing forcefully backin the opposite direction. [I have real all posts on CoBF for the period before I the date I joined myself.] Trying to time the shift between each state of the market in the cycle is waste of time, because you can't. The only way on a constantly basis to take advance of this is to stay consistently fully invested all the time.

Thank you, @HubbadaPow, Enough. Now I'm going to order it as the next addition. Period. Thank you.

I just stumbled on this tweet by Jason Zweig. Now I just need to own this book.