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Everything posted by John Hjorth
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Lars [ @Viking ], It has the bad odor of somebody trying to coin some money on what is actual your IP and work on Fairfax made available here on CofB&F for free, however I'm not totally sure this is a fact, because that thingy on Amazon is on status 'preorder'. Also, your activity on X here comes to mind. I know you don't need any advice from any of us here on CofB&F about which initial actions to carry out to obtain certainty of what this really is about.
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Mike [ @cubsfan ], Played by Putin, nobody else.
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We're long past 'US donating' now, Greg [ @Gregmal ],. and for obvious reasons, also ref. you. This is about 'gear, hardware, stuff' for 'green'. - - - o 0 o - - - Reuters - World - Russian Ukrainian War [October 21st 2025, 11:36 PM GMT+2] : Putin-Trump summit on hold after Russia rejects ceasefire Eventually, POTUS will realize he has been played, and act accordingly.
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I Need a Laugh. Tell me a Joke. Keep em PC.
John Hjorth replied to doughishere's topic in General Discussion
Why is it this post on X makes me think of the Politics topic here on CofB&F? : -
@Longnose, Does this information available for you on X make this source worthy your quoting here on CofB&F? - Let me just say here, that to me personally, it doesen't. - - - o 0 o - - - What about the relation between this new AI computing being extremely energy hungry, driving up prices on power and energy everywhere in societies?
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*chuckle* ... - Jeff [ @DooDiligence ], you are killing me!
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Yeah, also ref. the same link as Jeffs [ @DooDiligences] in my post, there seem to be variant perceptions of the feasibility of Tomahawk missiles based on land. What is the source of information provided by the war on rocks podcast of the feasibility of landbased Tomahawk missiles for Ukraine?
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Yes, a weird and certainly worrying trait [feature?] of POTUS' behavior, leadership, managerial style that can have major consequences for the World is his pleasing [positive attitude, admiration?] attitude towards and and view of autocratic leaders such as Vladimir Putin and Xi Jinping, all while he's lingering, and appear undecisive on such matters. - - - o 0 o - - - CSIS - Center for Strategic & International Studies - Critical Questions [October 17th 2025] : Will the Tomahawks Save Ukraine? - - - o 0 o - - - I have asked myself the question who in Europe alreday have Tomahawk missiles, and how many, and have been doing a some searches for such information revealed the only information quickly available, that they are available in Europe only on United Kingdom Royal Navy submarines.
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LOL! - I love when CofB&F gives me a good morning laugh! - Volvo [both VOLV.A and VOLV.B] up in the morning trading, btw!
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He's becoming POUTS in stead of POTUS! [POUTS ~ President of U-Turns][j/k] One moment it's OK to sell military gear and stuff to European countries for them to give to Ukraine for the use in the war against Russia, stating 'It costs us [the US] nothing...', next moment, not.
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CofB&F topic [with e-book attached] in the Books Forum : Russia at War - Intention and military capability after Ukraine - Niels Bo Poulsen and Jørgen Staun (eds.).
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Earlier this Friday evening, I got an e-mail from Anders Puck Nielsens e-mailing list, as follows : - - - o 0 o - - - The link in the lower end of the e-mail points at Logic of War [October 17th 2025] : Russia at war — free ebook. I haven't read the Danish version of the book, nor the English one. I just thought here I would share with other fellow CofB&F members interested in what's going on here in Europe about the war. [I personally consider Russia west of Ural Mountains a part of Europe.] - - - o 0 o - - - Book in pdf-format downloaded today also attached this starting post in this topic. Russia-at-war - 20251017.pdf
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Yeah, @Spekulatius & @Rainier, Archive Today : Financial Times - US Banks [October 16th 2025] : US regional bank shares sink on credit worries after fraud disclosures Subtitle : Western Alliance and Zions Bank disclose exposure to alleged fraud. - - - o 0 o - - - It's spreading like a fire in Sequoia Land all over the place, even all Northern European banks that I own posisitions in are affected today by this. And then you have both Marc Rowan and Jamie Dimon [I 've dubbed him 'stumpy' when I feel annoyed by him - I personally still think the height of the JPM fallos symbol at 270 Park Avenue, NY, is Mr. Dimon overcompensating for lack of his own height [ ]] yelling 'the wolf is coming', and talk about cockroaches.
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Gentlemen @LC and Mike [ @cubsfan ], Now please stop ruining the overall CofB&F board sentiment, and the sentiment in this topic!, ref. your above posts. - - - o 0 o - - - Please get back to investing, which is what the Corner of Berkshire and Fairfax is all about!
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Berkshire Hathaway Letters to Shareholders - Warren Buffett & Max Olson
John Hjorth replied to John Hjorth's topic in Books
Cross-link to the topic about Maxs [ @maxprograms] Digital [and searchable ['Memorex']] Archive of Berkshire Hathaway Letters to Shareholders in The General Category Berkshire Hathaway Discussion forum on CofB&F. -
Cross-link to the topic about Maxs [ @maxprograms] various editions [, by now the fourth and '60 years edtion'] of the book Berkshire Hathaway Letters to Shareholders in the CofB&F forum.
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HaHa! - Great, SD [ @SharperDingaan]!
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*chuckle* - Sanjeev [ @Parsad ], I think you forgot to mention NY Times is also a very cheap paper to subscribe to digitally, so it can't be worth more! lol.
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60 year edition of Letters to Shareholders book now available
John Hjorth replied to maxprogram's topic in Berkshire Hathaway
Max [ @maxprogram ], We already have a topic in the Books forum for the different versions of your book here. -
In the end of last week, Friday, I took delivery of two cheap sections of a semi-sh*tty IKEA version a socalled bookcase called Billy : ['Billy' in Swedish and Danish is very close to Swedish and Danish 'billiga', 'billig', which means 'cheap']. I found a place for them, to shoehorn them in, in the house as a preventive play, contingency measure, to avoid divorse because of my book hoarding. I sensed clearly it started to cling a bit hollow in the ears of the Lady of House, that my reply to what I was going to do about it, was to continue repeating, that she can't divorse me, because I'm not married to her. [ ] Now that the two sections are delivered, they have to be assembled [IKEA, you know!?], and I sense the static electricity is now building up again because I haven't assembled them yet. [It was Friday AM they were delivered, and I was busy yesterday, The last weekend is just over, I newly retired, - what else can I come up with? - - - o 0 o - - - - A new version of this book would be the perfect acid test of these new bookcases!
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Its turns out, that Andrew Kilpatrick on 12th February 2025 released a 2025 version of Of Permanent Value : - - - o 0 o - - - As far as I can see, a Kindle version only available. One of the coming days, I'll ask Mr. Kilpatrick by e-mail, if there will be a printed version of the book.
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I ordered this book on thriftbooks on 21st September 2025, based on @schins metioning the book on CofB&F here : - - - o 0 o - - - I've been involved in such activity in my own familily since before I joined CofB&F in March 2013, it actually started in March and April 2012 with talks with my eldest brother about that the time was due to a serious talk with our longest living parent - our Dad - about downsizing, after he had moved to a nursing home in the autumn for 2011, because of his health condition, and it made no sense any longer to keep his house - the childhood home of my brothers and me, bacause he would never be able to return to it. Actually the same happened about the same time for the longest living parent of the Lady of the House, her Mom. So, after the disposal of both houses in the end of 2013 the reprentatives still alive of the oldest generations in both families were flush with cash. After tasks in both families and some basic assistance from the lawyer of my Dad to make sure the quality of documents, and plans were set up in both families, and executed on, to transfer net assets to next generation, gradually, over time, because of existing constraints here in Denmark for how to do so, to minimize taxes of the estates. It has worked out quite well, without any unpleasant surprises surfacing afterwards, because something skipped our attention initially. - - - o 0 o - - - By now, both our longest living parents have passed away, and their estates have been settled and fully passed on. So 'suddenly', we [the Lady of the House and I] are 'the new old buggers' and 'next in line', and the process starts all over again. Our parents never timely gave such issues any considerations and acted upon their wishes, if anything other than inheritance after the law was a consideration worthy, while we have the opportunity and the intact ability to do so. Especially the last 4 - 5 years it has been on my mind to do so, so on-off. I have always missed a basic framework to apply on such thinking, to create and give it structure. [Howewer, I'm not totally unequipped and 'naked' in that regard as a Danish CPA by education, but it's certainly not 'my turf' proessionally, I must say.] - - - o 0 o - - - Based on @schins mentioning as posted above, I assessed perhaps this book woud fit my needs, and ordered it. The book is according to front inside flap of the dust jacket written by Estate Planning lawyers, but not for lawyers only, and the information - according to the information at that place - is presented in an easy-to-understand, question-and-answer format so that you can quickly pinpoint topics that are relevant to your needs. - - - o 0 o - - - The book is from 1999 and it's based on US tax system and legal regime ruling at that time, but just judged from the table of the contents, the book seems to provide such basic framework for more structured thinking about what's on my mind. [I may elaborate on that, if asked.] Applying the framework to our actual situation, will and wishes and Danish conditions and regime is the on ourselves. Which is what I applied for by the ordering of the book. So, I look forward to the read.
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I just ordered Google to attack Charlies [ @dealrakers ] first picture above, and an AI view generated by Google gave me the following : 'The image shows a man posing in front of a view of the city of Salzburg in Austria. Salzburg is known for its Baroque architecture and as the birthplace of composer Wolfgang Amadeus Mozart. The city is located on the Salzach River, near the northern foothills of the Alps. In the background is Hohensalzburg Fortress, one of Europe's largest medieval castles. Salzburg's old town is a UNESCO World Heritage Site. The city is also famous as one of the filming locations for the film "The Sound of Music".' I can personally guarantee with positive opinion that the first first part of it is totally correct ['This image shows a man posing in front of ...'].
