CorpRaider

Sorry to hear that RIP. Been reading about him/MFS since the 90s.

TONTARD in the house

I think I want to get a PHEV. I can plug in for commuting and when I take a road trip zero range anxiety or need to sit there like a schmuck while it charges (and I can also use all the existing transportation refueling infrastructure). Probably get a yota. They've got a rav4 now, but hopefully they will have tacos and other options with the PHEV. They've been building them well for a long time and all they need to add (basically) is a charging port. The Koreans are coming with the PHEVs bigly too.

Yeah, I agree. Thanks for your response. I don't own any because I'm not sure about him yet. He kind of sounds like a typical "suit." I guess he gets some credit for the megaphone business and sale and they do have some kind of interesting tech related business (e.g., Leaf) they've acquired. I also saw they bought another dealership late last year, so it's not like he's turned 180 degrees into tech stuff (which was a concern of mine). Did Don Graham participate in the annual meeting at all?

Good one Spec. Echo GHC. I'm not sure about the son in law yet and the apparent new(ish) pattern of granting him big options packages. I liked Greg's idea of having BERK and GOOG as two holding co./conglomerates and just going fishing. I've not done it of course, but I liked it a lot. Pity that Goog split the stock.

Yeah I blew it by not buying a decade ago, but he's too old, there's zero succession, and I don't vibe with Brett.

Yeah TICs can be a mess. One thing to consider if that in many states (all?) a owner of the interest of a tenancy in common can force a sale through legal petition for partition and appraisal (or something like that), where the court basically supervises the auction of the property and everyone takes there $$$. It has historically been a big "problem" resulting in the acquisition of coastal property from less sophisticated family holders over here in my neck of the woods (developer basically buys one of the TIC interests and then forces a judicial sale and they're the only one with cash/sophistication). The LLC operating agreement could at least try to deal with some of those issues, but of course everyone has to agree. I wouldn't like the set up for accepting terms where the attorney (apparently) is already proposing terms without asking what the goals of the 1/4 interest holders were or previously communicating the reason for the meeting.

Yeah probably better to just feed them conventional weapons and let them bleed the Russians out until and unless Putin steps down or gets whacked.

Sure thing. It's been a long while since I did any of that kind of work, but I recall that the buy-sell obligations sometimes could be funded with life insurance or something, so you've got the liquidity there when you need it (i.e., a partner "withdraws from the mortal coil"). I guess you could do it the way he proposed if you were really worried about an interest getting sold outside the family/members and didn't think the remaining members would be willing to borrow against the property to buy out the withdrawing member or buy life insurance to fund the sale or something; just kind of build in some seller financing on super favorable terms.

That sounds weird to me, I would check with someone else. I guess maybe if he was trying to knock the marketability down to shite for valuation purposes it could make sense. You can basically have whatever terms in a buy-sell you agree to. I would maybe look for an estate planning attorney who does some business/corporate work, preferably with a tax LL.M. from NYU or Florida (or maybe a lawyer with a CPA license if you can't find someone with the advanced law degree; just as an easy screening signal). Sometimes a dirt lawyer or "generalist" can quickly fk some stuff up.

I still remember freedom fries. That was because the french didn't join us in Afghanistan, right?

haha, too slow. Problem with him is he can't step down like Gorbachev or Yestsin. He's going down hard. Could be cool if Russia comes back from him, they have a lot of talent and natural resources.

End game is he stops at the river to save face, best case scenario. More likely he gets whacked or deposed because of all the Russian body bags and pissed off starving oligarchs (and Xi). No man is an island. I mean they can't even take mariopol which is like RIGHT on the border of crimea.

Probably that poison they were misting those guys in London with.

He's skewing those 35 foot tables away from his comrades all on his own homie.

From what I've read, Ukraine is like 5 WW1 sopwith camels with machine guns away from just absolutely decimating those russian columns. I wonder if those migs from the eastern european countries (that the US is going to replace with good jets have arrived yet).

Iodine pills.

To be fair, as I understand it, Japan is considering asking us to post nukes there. So everyone needs arms and energy? Whelp there goes the US trade deficit.

Their current PM and other elected officials also raised the issue if I'm not mistaken. Even if they don't go nuclear, it seems Germany and Japan are going to muscle up. Hell even the vikings are sending arms to Ukraine.

Yeah I wouldn't want to test it, but I would bet we could defeat both at the same time without a ton of difficulty IF it was a harmonious/just battle....not some "police action" where the locals haven't been through the enlightenment/don't want to fight for their freedom. We still spend tons more every year (after doing so for decades and decades) and there's got to be a lot less grift and corruption and more truth to power. Based on the state of their conventional arms you have to wonder how many ICBMs would just blow up part of their country if they tried to use them. These idiots are now probably going to have to deal with rearmed Germany and Japan. Lots of luck with that.

I think/hope Xi gets dealt at their next plenary or whatever. Japan and South Korean end up nuking up and that's seems like a wholly unmitigated disaster for his foreign policy push. Also they are destroying a jewel in Hong Kong, I don't see why they are so intent on doing the same or worse to Taiwan.

yeah they're getting wrecked. They lost more troops in the first week than we did in a decade+ in afghanistan. They still don't even have air dominance. China would get the same or worse with Taiwan I speculate. Taiwan has been preparing since WW2. This is already a disaster for China.

Totally agree. It also should do fine in inflation, a little light thermonuclear war (get your iodine pills when the walgreens is out), boom during covid shutdowns, whatever. I bought my last laptop and qc35s through the new factory refurbished with extended warranty program as well. I think they should be helped if financial conditions tighten with a bunch of non-economic competition funded by venture money. Hopefully they can roll some people up. Wish the stock issuance would chill a bit. If it grows a bit faster than GDP, but slower than ecommerce that's fantastic with their returns structure (that's what managements have called out for it long term, setting aside things like starting to collect sales taxes and the shutdowns ending). [Disclosure: been long a couple years] As you know, ebay started dominating in collectibles and antiques in the 19 hundred and 90's. Some of the earliest bigtime users were antique consignment stores. I like the strategy of adding these verification services for high dollar to effort categories, like sneakers and watches. Deminishes returns a bit but enhances the moat without needing to rebuild UPS and also not suck at running a marketplace and doing software. I think they will crush the upstarts in those areas, perhaps quickly if the markets begin to impose some modicum of financial discipline on venture players, because they can offer the liquidity of casual buyers like me who might also go there to look for an antique to fit a room (and vastly overpay) on a global basis.

I finally opened an IBKR account. Wow those graphics take me back to scottrade or early etrade. haha. Fidelity can't calculate my margin buying power correctly, so I had to move some $$$. I really don't like doing business bigly with financial institutions without a branch at least within driving distance in case I "require assistance." But oh well, I'm going to give it a try. I also toy with the idea of working a little as a "friends and family advisor" if and when I retire, so probably not a bad idea to check them out. [I love you granny but you're still paying 1% if you want me to expend the effort required to slightly underperform the SPY.]

That's right and I bet there's little chance Putin or Xi get accurate info on their troop numbers, readiness, or state of equipment. No one is telling a negative truth if they're going to get put in the gulag.