CorpRaider

Yeah, if that ARE the new Italy, unlike Italy they can float their own currency and we can get all our clothes from Savile Row or maybe get a British made Land Rover in a few years and their balance sheet will improve.

They thought we're turning Japanese, they thought we're turning Japanese, they really thought so. Must have been hard to be really stupid without SPACs and magic internet money. Had to hammer the real estate, hello kitty, and beanie babies.

@dealraker You're not from Salisbury are you!? hah.

I bought some EBAY, GOOGL, AMZN, SMG, LAMR, and CMCSA yesterday; just little retail DCA-ing.

I agree with dealraker. Also, we should make an insurance brokers thread?

Slightly below the bargains seen at the peak in 1929. They didn't even have magic internet money ponzis back then. Hooray!

CAPE is below 27. Yay!

I mean, they have residual value as conversion to office space plays if nothing else. haha! SLG

A labor-based inflation crisis, however, is probably a required condition precedent to get any real immigration reform. We need to make the laws make sense with reality instead of creating this huge black market.

I was looking at EQR and CLPR today. Actual cash in my pocket of 4% and 5.6%

Yeah did even ok, relatively speaking, in weimar (until Kaput) and Zimbabwe. But probably not starting at everything is glorious, highest valuations in history (first we likely have to run down to CAPE 8). Are you the guy who posted about insurance brokers (I keep trying to find that post). From what I can tell three are in VIG's portfolio (high quality cash gushing dividend growers). I am wondering if any are like family/insider controlled (less likely to be operated for the benefit of the hired hands).

<Horn Blares> Did someone come at the CAPE?

U.K.: When the pound is worth $.50 I'm buying all my clothes from savile row and getting an aston martin.

RIP

Hey, the CAPE is below 27!

I'm a DCA buyer of SMG here (though I have been). Dividend could get cut and could go lower. I must, however, marshal my resources for the coming BRK below book opportunity, which I do hereby swear to ton.

Nice.

I caught that interesting article yesterday. Didn't look at the embedded chart as closely (I thought that stroll down third ave was neat). That chart makes me wonder what the delta is between NYC and some of those other markets (the flattening and even declining trend in a couple of them). Related Cos continuing to plow ahead and the We-plosion? SLG comments on recent sell side call implied that overseas capital allocators participating in their joint ventures of late think the US is just behind their markets in return to office....maybe due different tightness in labor markets?

Would be interesting. Instead of everyone buying Japanese cars like the 70's everyone would switch their 90's+ huge off road vehicles to hybrids and EVs. I've been thinking 70's for a while with the rise/return of populism and the wall/labor trade constraints all of that pre-regan/pre-clinton stuff coming back bigly. Took a long time to maybe play out.

Yeah LOTR is good. Got me with that Dwarf episode, showing what it was like back in the day. LOTR and the Boys are so much better than anything Netflix has ever done.

Gonna' put them in the Ebay vault?

LAMR, MGM, GOOGL, SLG

SLG. If they cut the divvy I'm couch surfing at Chanos'.

CMCSA

LAMR