CorpRaider

I don't get the comps to Ukraine as far as projecting the american response. When's the last time you got something manufactured in Ukraine? I'm pretty sure my notebook and like half the chips in it were manufactured in Taiwan. If I were speculating, I would speculate that the free people of Ukraine bloody putin's russian serfs pretty well and that is more likely dissuade the chinese when they see how much ass a free person fighting for their way of life can whoop versus a commie who is compelled to fight. Taiwan has also been preparing for that fight for a lot longer. Hopefully, this message also help get Xi dealt at this upcoming CCCP meeting and they tack back toward the prior trajectory.

PSTH

Man I might have to get HBO back for that.

I binged Reacher too. Pretty good! Trying to get through the last season of the expanse. Looking forward to the next season of Picard. I don't see how even a casual trek fan can live without Paramount +.

Probably a pain in the ass, but if not, I propose you charge a pretty material fee to those who only lurk and never post or reply to anything.

Blocked and reported for selling berk to buy kkr.

It's comcastic.

Yeah, I mean shutting everything down and dumping cash on the people logically seems likely to cause some inflation spikes. But then again it seems not totally dissimilar to an oil shock or something and then maybe you get that FOMO going. Seems like all financial anomalies are about fear or greed in the end. Seems like there's a lot of psychology and complex adaptive systems to try and factor in when venturing guesses as to whether it takes hold. Stay frosty my accounts.

02/09/21: WFC - Wells Fargo

AIV

Smells like a stumbling bumbling drunk about to crash to me (not that I do anything based on that opinion).

I agree with that conclusion Longnose. At first I was like wow this book is terrible/basic. But as I thought about it more, if you have not already encountered most of the ideas (and you paid $9.99) it would have been much more impactful. I still thought there were some decent parts after I reflected on it (However, I currently haven't the faintest idea what they were ).

$Googl I bid $999.

Bought a little more EBAY and SMG lately.

Gottdamnit I blew that one.

I think I read it in like 2017 so I'm hazy, but I probably wouldn't pay up for it, especially if you've read much about Glenn Greenberg and Lou Simpson (I think Greenberg and Simpson were the two chapters where I had not previously encountered much of the info, there's an interesting Ed Thorp/Claude Shannon Kelly Formula discussion but the Thorp. stuff has been well covered in other sources now; including his auto-bio). I do remember getting new stuff from the Simpson and Greenberg chapters (and there was a chapter on this Norwegian offshore drilling billionaire guy, Siem that was interesting, but IDK how useful it was). I think there are 2 chapters on Buffett and Munger which will be a rehash to most on here. If memory serves there's a Keynes chapter (his investing career was covered in more detail in a couple of dedicated books). There was one on Buffett's friend who ran the Grinnell college fund...I think. If you like Toby's books, I do think he once said it was his low key favorite. I enjoyed it, but I would probably wait for a kindle sale or something. If you haven't read the Thorp and Keynes books, and are interested in like a survey, it may be more attractive.

Pretty good chapter on him in Concentrated Investing by Tobias Carlisle, et. al. (having read virtually nothing substantive about him prior to this book).

Man I agree. Feel like I missed BEN. Though I do own a little BK. I keep looking at invesco and of course blk, but I really sweat the agency costs/risks as passive minority shareholder with these smartish greedy sumbitches out there.

I now have two people blocked on the twitter. The other one is that marketing professor at NYU.

01/11/22: Wells Fargo 01/14/22: Wells

Could always do BRK. It’s pretty diversified, but I always weigh fees and taxes heavily. Happy new year!

Can you find a total world index?

I like banx. (Edit: Sorry, I meant banks, big ones, not the CEF thing).

Merry Christmas and Happy Holidays friends!

haha, that is odd. No way US gets like Japan and some of Europe with negative rates. We would all be trying to buy Greenland to drill for oil or trying to corner the treasury market. I would definitely pull out more of my equity at a fixed rate if all I had to do was stroke a pen. I would have to go through application and appraisal process and am too lazy. Probably got sub $100K I could pull out. What sucks is I would 100% tell my folks to max these out every year, but I don't think they could handle the craptacular website. If they were still sold in paper form, would be no problem.