John Hjorth

Damn, you really can be mean, @Spekulatius! [Taco Don <-? Haha! ]

I haven't been able not to think carefully about the content of both gents' statements made on social media today about the dearly escalating conflict between the two men today. They are for sure not friends now. But the fact is also that they have never been, because friends don't take disagreements public this way we have seen today. If disagreements between friends exist, such are settled peer to peer, private and directly. If serious disagreements pop up, surface or occur, friends can agree to let it go and become acquaintances. This relation between these two was 'just' - for them both - a pratical measure, an arrangement, a situation of mutual exploitation on different levels between the two men. The one person had something to offer to the other, that the other wanted or needed, and vice versa. And what happened, was that one of the persons [Trump] started to show signs of that he had intentions of breaking this mental 'bond' / 'contract' between the two men, of mutual exploitation, and the other man start getting backing out, too. And here the most experienced person in taking advantage of other persons asked for a proof of friendship and loyality by getting what he wanted first [Trump], after which all the disappointments are, as basis, to pick up by the other guy. I was in my twenties, when I learned by my then boss that when you agree with a psycopath on something, you make sure the psycopath delivers first, or there is no agreement! - Period! First Bezos, now Musk. In short : It's as sick and vulgar as analysing among a prostitute and a prostitutes client : Who's exploiting who? The mutuality among Trump and Musk has really never existed, it was just a mutuality of exploitation.

LOL! - What a story, Charlie [ @dealraker ] ! Great that you are sharing it with us!

It certainly looks totally genuine from Charlies [ @dealrakers] hand, if one study the details of how Cramers account on X is set up visually. I coulden't find the post on X. He may have deleted it. Likely, for him, a wise thing to do, if your livelyhood, bread and butter comes from beeing a MSM person, from time to time having persons in studio for interviews. If such a person posts things on X about two gents where likely both gents mentioned in a post really don't like the post, it quickly becomes really counterproductive for business posting such stuff on X.

Days analysis by Bloomberg : More from Elon Musk : I'm pretty sure now Donald is getting really p*ssed and he will retaliate with a travel ban into USA from Mars, and from everywhere else, in transit from Mars, as the first decree he'll sign torrow Friday, and we'll all go to weekend with Elon set *Check* by Trumps last move.

And now all Danes, especially those 56,000 living in Greenland take a deep breath and try to relax a bit on the evening of the Danish Constitution Day : 'Peew! , now we can relax a bit, now 'he' is busy dismantling SpaceX and Tesla, in stead of dismantling our contry!...'

Haha! -Great entertainment, - and it's free!

Today, I - unsolicited -, got hit by an e-mail from Truth Social linking to this message from GlobeNewswire, the e-mail quoting parts of it : GlobeNewswire [June 5th 2025] : Trump Media Files Registration Statement for Bitcoin ETF.

Great post, @Loss Horizon, Thank you. Innovation and development in this space is triggered by ongoing wars.

Marco [ @Marco Van Basten ] reading something at Bloomberg and posting about it here on CofB&F providing no source what so ever, dosen't make anything a reality. The message is a miscarriage. EU does not have the authority to impose any tax on a EU member. Just usual EU nonsense laying around about everywhere, beeing quoted, and all that. Perhaps I should add that left wing politicians arguing for separate taxes on the successful are about everywhere if one look around in Europe! So also in USA! What Germany may do with regard to taxation of ReinMetall et. al. is another matter, alone for Germany to decide. -Politicians are what they are : Funneling money into their control, to decide how to allocate! Just sayin' for all you New Yorker's. [ @Dalal.Holdings]

I may above have been severely out of line related to general CofB&F yard sticks and standard European yard sticks by posting the above. The brutal truth is that every woman and man has a choice to make about a decision about how to live own life and by what to make a living. And with short term quick fixes and short term shortcuts there is perhas also a premium to pay, long term.

Have any of you fellow CofB&F members ever been entertained by your stock broker / investment bank ? I have, like today : Translation : Tomppa1577 posting : Jim Cramer [<- lol!] replying : From the official Amsterdam website [ https://www.amsterdam.info/banana-bar/ ] : Imagine that place, lots of dynamics going there in the openings hours. -I think this gem should be listed on Euronext Amsterdam!

Added a bit today to MC.PA - LVMH-Moët Hennesy Louis Vuitton SE. [Using cash in tax deferred accounts.] -Now done!

It does not dress that WSJ reporter Heather Gillers well that way to basically copy Chris Bloomstrans thread on X about the topic at hand.

For those interested in where the Ukrainian military operations in Russia Sunday took place, here is a map I've found on Bloomberg [ Source ] : Olenya Air Base just East of Northern Finland, Belaya Air Base just North of Mongolia! -That's just ... wild!

Blake [ @Blake Hampton ], What has private credit and private equity perhaps being doo-doo according you to do [not doo-doo here] with this topic?

I'll be the first here to admit, that I had to do a search the first time I met the TACO abbreviation here on CofB&F, all while I try to filter and proritize my attention and time spent on what POTUS is saying and doing gradually down to less and more less.

Here are some recent data gathered and processed by the Economist : - - - o 0 o - - - What do you see, related to Europe cf. USA ?

Hi @Loss Horizon, Welcome to CofB&F! , From reading your post, do I understand it correctly, that you're German, and residing in Germany?

Pretty much guirilla warfare by the use of drones at the cost of a few hundred bucks per drone, taking out Russian planes for likely billions of dollars, and irreplaceable, because they aren't produced any more, in a sting operation. A bit similar to what has happened with the Russian Black Sea fleet. Rumors are that Sergej Lavrov has talked by phone today with Marco Rubio. I speculate that they have been discussing a leasing contract about the current Air Force One, when the Saudi plane has been delivered and made to fit it's new purpose, after which the current Air Force One by Russia will be retrofit to drop upleasant stuff in the heads of the Ukrainians. The art of the deal, you know. [j/k]

I diden't really see that response coming, I was expecting an outrage, perhaps blended with some pitty and 'we all feel with you - and understand how hurting and burdensome it must be!'

The car industry worldwide is just so crazy, from an investment angle. I diden't understand it untill I read Sergio Marcionnes Powerpoint deck 'Confessions of a Capital Junkie' at some time in 2015., so now about some 10 years ago. Well paid engineers with visions, ideas and dreams, who are car lovers and car enthusiasts, tap dancing to work every day in great mood, to do what they love the most : Burning through shareholder money by designing and building cars, - it's called R&D -, so there is nothing left at all for the shareholders. [Think : Bugatti!] - - - o 0 o - - - Exactly about this industry, there exists double standards and hyprocrasy related to tariffs here in Europe, that perhaps some European citizens tend to forget. Here in Denmark, we have no automakers. So, over time, cars has become tariffed the crap out of them [, but Danes in general forget it is so] : Example : A quick seach for the price of a Tesla X in the US gives : The Danish Tesla website provides the following MSRPs [ Link ] : - - - o 0 o - - - A few calculations, based on USD/DKK currency rate at 6.57 : US Tesla Model X : USD 84,990, US Tesla Model X Plaid : USD 99,990. DK Tesla Model X : DKK 1,130,000 x USD/DKK [1 / 6.57] ~ USD 171,994, DK Tesla Model X Plaid : DKK 1,290,000 x USD/DKK [1 / 6.57] ~ USD 196,347. - - - o 0 o - - - The difference is about tariffs and VAT [VAT in general 25% here in Denmark], for tariffs on cars here, it's not called just that, what is is, but it is in stead called 'registreringsafgift' in Danish, 'Registration tax' in English, as separate component of the total price to pay for holding the vehicle for use on the Danish roads, with a license plate. So, the license plate on a Danish car is by far the most expensive part on on the car. - - - o 0 o - - - Cars here in Denmark are likely one of largest schemes ever invented to fleece Danish citizens and thereby holding them down : When you buy a car here, first, one gets fleezed by the Danish state on the registration tax, next your bank fleezes you on your car loan, if you aren't able to pay in cash for the car, which eventually may imply, that you may have taken on interest bearing bank just to pay a tax on an asset that with few exemptions eventually ends up having no value at all.

This is awesome, @Haryana!, I have seen it once before, - I can't remember right now where, so what's the source?

Chris Bloomstrans take on management succession in Berkshire Hathaways insurance operations, - a thread on X. -A long one, all while I think it's still not yet imminent he manages to get a whole client letter of his shoehorned into a thread on X! [ ].

That's not really productive, related to the purpose of CofB&F keeping us all connected related to stock investments, Jeff [ @DooDiligence ].