John Hjorth

Yes, @gfp, Today I have reread the White House Fact Sheet, that I linked to upsteam yesterday. In all honesty, I simply can't find out from it, what is up, and what is down, what this really is about. It leaves the reader absolutely puzzled, with the question : 'State capitalism in the United States of America at federal level?' And this based on initiative by Donald Trump? The last of it : It reads to me like 'Many others have such a thing, so we need one, too.', basically.

Greg [ @Gregmal ], True, maybe not. I really don't care, and then, yet I do, However, what I care about, is that we all do our very best to keep CofB&F a pleasant and educational place, a place, where our administrator is not running 'sour' on keeping CofB&F running, for the best of us all, keeping all of us connected. To make it clear here, what this is about for me, for me personaly, I would rather see every a**hole of a [political] troll, every CofB&F member with no real activity in the Investment Ideas forum, and at the same time stirring the pot elsewhere on CofB&F, on and on again! - where do you think, to be deported to where? [You are not in that league Greg [ @Gregmal ]].

It's simply beyond me, how it is possible to derail a community post and message by the administrator, [totally] into a discussion of an investment [here, BERY], within less than 5 posts.

@Xerxes, No matter how you present your personal book reading experiences here on CofB&F, please keep them coming, thank you! - They are indeed highly valued, by your personal sharing of them.

Name-calling, the lowest and in general not accepted level of disagreeing : Wikipedia : Name calling - - - o 0 o - - Wikipedia : Paul Graham's hierarchy of disagreement. If you aren't grown up, grow up, or shut your mouth, on CofB&F. It's actually not that complicated, yet still very complicated. You'll get about absolutely nowhere trying to suppress the world view of others' on CofB&F, to the advantage of the world view of your own world view, and on anyone around you! Please get used to it. Peace.

Above, absolutely great leads, teasers and book recommendations from our shared Master CofB&F Bookworm @Xerxes here, to get more knowledgeable, & wiser! - Thank you!

Thank you, @texual, ! -For my part, I would expand it globally!, so both for companies, that may have folded, and stopped doing business, and to books about companies still around!

This is just so hilarious! , Why is it, that some of you guys can't just relax a bit, and take it easy - at least a wee bit more easy ? Please get back to rational investing, and please leave politics behind, to not totally occupy your mind, but as a basis for your investing, and as basis of your discussion of investing here on CofB&F! -How are you? - Are you even feeling good with what you are doing? - If not, why? - start working on it, otherwise it'll likeky be life expancy shortening for you, if you continue down the alley already chosen by you.

Thank you, James [ @james22 ]!, Now, we are getting ahead here, in a constructive way! - - - o 0 o - - - Edit : Somewhere above, I used the term 'lame' about the issued executive action. I hereby take that back, and have left it back where it was posted by me, crossed out, to hang and dry in the winds of time here on CofB&F.

Blake [ @Blake Hampton ], At least now we are moving away from CofB&F members perhaps getting tempory bans for posting political *BS* here on CofB&F, but I have to 'say' to you, that your post above is decoupled from both fundamental documents available here, ref. the use of the words 'plan' above. From where do you get that Scott Bessent, Howard Lutnik & Kevin Hassett are set to manage this fund eventually? Get your act together, and please stop posting this kind of *BS*, that has no bearing in reality or written facts avaiable to you! You seem to be suggesting as an assumption, that they'll propose themselfves for the management of this new SWF. Now, also please tell me how and why this - the above - Economist quote of yours has any relevance or bearing, what so ever, to this topic.

Give me a break, James [ @james22 ], You grab a post from X and post it here on CofB&F with no comments [ mind you, from X!], while you could have done just one - one! - search, and could have started this topic with a primary source, like the below here, for actual discussion of the initiative, in stead of starting a new topic the way you did, that with warp speed gets derailed in to all kinds of polical expressions and statements, because of lack of real content in your starting post, and no personal assessments and comments from you as the topic starter. White House [www.whitehouse.gov] - Fact Sheets [February 3rd 2025] : Fact Sheet: President Donald J. Trump Orders Plan for a United States Sovereign Wealth Fund. By doing so, you would have prevented establishing just yet another basis for all kinds of posts containing nothing but speculations and political rhetoric [not just to call it political *BS*] and in stead, you would have provided at least a framework and structure for discussion of the matter at hand in this topic. - - - o 0 o - - - It seems to me, that I'm the first one posting in this topic actually trying to dig up what this initiative is actually about, huh? - - - o 0 o - - - Edit : Also, as primary source : White House [www.whitehouse.gov] - Presidential Actions [February 3rd 2025] : Executive Order - A Plan For Establishing A United States Sovereign Wealth Fund .

@Spooky, It hasen't arrived yet here in Denmark. There are today tariffs on books from UK to Denmark, after UK left EU, so it'll take some time. To me, the physical specimen is more of a collectors item, because everyone can read the digital version of the book by using the second link in my starting post. It's clearly an anniversary book. I don't who got a copy, when it was released back in 2014. But I suppose, assume and guess it was a gift to business relations, including known shareholders, of Hongkong Land Limitied, which may also be the reason I found it in a UK book store.

Hi @Xerxes, Respectfully, I disagree wholeheartedly. To me personally, to mix NBIM into the discussion of this lame intellectual miscarriage by decree of Trump, with no plan, no assets, no defined income stream, no purpose, no founding principles, investment approach etc., is a serious mistake. James [ @james22 ], clearly meant in this topic to discuss Trumps new 'sovereign fund' initiative, based on the content of the starting post in this topic, with absolutely no body text from James personally, just a copy of a link to X embedding a post from X. [Yes, I question the purpose for starting this topic, shortly after another one containing lots of political rhetoric got closed.]

This is to me personally a bit entertaining : Tass - Russian News Agency [February 2nd 2025] : Russia will not allow turning Baltic Sea into NATO’s ‘internal waters’ — Russian diplomat.

You're forgiven, @wisdom , Peace.

Please stop derailing this topic with such.

True - It's the 'perfect way' to impose all the worlds negatives on your own life, existence and way of thinking. Pessimism, negativism, no trust towards anything, or anybody, no trust, belief, or vision for the future of the planet and its inhabitants, and one will eventually pass away, alone, negative in mind, deprived from a lot of positives from life and that of being conceived as being born as a social creature.

- This is just so great, Greg [ @Gregmal ] The only thing where I think [while I'm not totally sure] I'm up to date with tariffs is on ...- books

Yeah, Greg [ @Gregmal ], Let's see how it plays out. Nothing posted in this topic so far has made me loose my belief in, that all this will eventually over time be settled by talks, sharing and exchange of opinions and stances, discussions, negotiations and bargaining.

Thank you for sharing, @Cod Liver Oil, The Danish way of structuring, building, developing and maintaining a society is far from perfect, but on a relative basis, compared to other countries, I will personally call the place quite good. Warren Buffett has talked about 'the ovarial lottery'. I think, thinking about it an extended way, i.e. disability - physical or mental - is in focus here, so to a realistic level, every citizens personal dignity is seeked maintained, based on personal visitations and assessments. I.e. homelessness basically does not exist here in Denmark, is minimal, because it's handled with special focus, by specialists, who know all about what it is about. Our incumbent government is a majority government consisting of three parties : The socialdemocrats [center-left], The moderates [center], 'Venstre' [<- trandslates to 'Left', while in reality it is 'Center-right'], all three agreeing with each other on burrying the ideological axe, and to focus on 'execution' and to 'get things done', based on cooperation, tolerance, flexibility and reason. - - - o 0 o - - - With regard to charital activities, I'm gradually [at least by now] gravitating towards that there are still a lot of kids here in Denmark, who, for what ever reason, never get their chance to release their own full potential.

This topic basically doubled in legth and size over night, my local time There will most likely be a lot of volatility, short term, and over the coming days. We need to take it easy, cool down, and focus on thinking about the situation in a rational way. The political rhetoric already posted in this topic is to me a disgrace to CofB&F.

Hongkong Land at 125, by Hongkong Land Holdings Limited [SGX:H78], first [and only] 2014 edition : - - - o 0 o - - - The book is the story about the development of the company today called Hong Kong Land Limited [, today controlled by Jardine Matheson], and thereby also the story of the development and evolution of Hong Kong. The history and milestones of Hongkong Land is available at the company website here : Hongkong Land : History and milestones . The book is available for reading [but not downloading] here : Hongkong Land at 125 . - - - o 0 o - - - The first time I became aware of the existence of this book, by diving into, by then, 'the Jardines' - Jardine Matheson and Jardine Strategic [the latter now merged into Jardine Matheson] - I was just 'sold', I had by that instantly evolved this - totally irrational - 'urge', need, attraction, 'libido' [<-? ], sick? [<-], as a 'definitely and absolutely 'must own', need to have, whatever it takes' relation to the book, because I coulden't back then find any for sale anywhere. - - - o 0 o - - - Today, I found it - finally! -, at Abebooks.co.uk, at The Petersfield Bookshop, 16A Chapel Street, Petersfield, Hampshire, United Kingdom GU32 3DS [The Internet is a fantastic thing!] : - - - o 0 o - - - Christ, I had to pay up! - Abebooks isen't exactly Ebay! ... Now I need to find out how to smuggle this thing into the house, while I'm under 'book sactions!' [I suppose first part of that lesson - any way - will contain 'Yes Dear...'!]

Bump, For all those CofB&F members, who may not have replied yet, but perhaps want to.

There is to me nothing as rewarding as to look up new financial reporting for great companies, reading about them continuing their successes, that I already own a part of. - And then one still have a full universe of companies [several thousands] still to study, sort and think about for the future.

Thank you for sharing this, @Maverick47,! Here, just ment here as a teaser for other CofB&F members : Part Six : The insurance Business [starting p. 227], & Appendix : The Right Way To Run An Insurance Company [starting p. 467]. - - - o 0 o - - - That said, I'm personally a great fan of Lawrence Cunninghams books, too! - - - o 0 o - - - Does there even exist a good book about the insurance industry? - How it works, its inner economic mechanics, reinsurance etc. ? I am personally not aware of any.