CorpRaider

Noice!

Man if they privatize medicare there are going to be a bunch of unconventionally surprised elderly tea partiers, but it would probably be a good/necessary thing overall.

For real, or just undertake some medical tourism for non-emergencies to countries with lower costs and better outcomes. Could also probably slash the normal medical expense projections by heading to Washington State for a dignified exit when you get the point of facing nursing home care for $10K per day for the rest of your miserable life.

Agree. Could see some/a lot of hiccups between now and then. This is a Yuge undertaking. He was already talking about using the cash flow for further consolidation.

Disney; Mondelez; Tootsie Industries (run by a dead guy....ok ok his widow.) Corner of Berkshire & Fairfax. I kid! ;D

I've been watching COTY for a while and I mentioned it here a couple of times in other threads. I think Bart Becht (look into him, former Reckit Benseker wunderkind, Billionaire German family sponsors this thing same people behind the JAB Holdings coffee roll-up) guided to like a $1.9 billion operating earnings post closing, but they just kind of tanked it with a -10% revenue number in the most recent quarter for the legacy bidness, blaming it (kind of lamely imop) on lack of focus on operating the existing business versus handling the acquisition. I don't think people have been dumping it like a normal split-off. I mean maybe it was but the offer was waaay oversubscribed and it was a split-off tender (it was down a lot before on apparent arbitraging)...I was watching it like a hawk. I need to drill down more if Burry is long. I was waiting to buy some before creating a thread to track it. Then again he could be the one dumping it following the quarter. I figure they will likely have some more shitty quarters here as the integrate and new CEO takes over so no hurry and not quite cheap enough yet.

That's all he could pull together at 3 a.m.

What are you reading? Essays In Persuasion or the General Theory? Personally, was not a fan of the lords of finance. Didn't make it through. I might take another run at it. Picked up Keynes' Ways to Wealth the other day at the used book store. Previously read Keynes and the Market. I enjoyed maybe the first half but after that it seemed like the author was just trying to fill allotted space. Could have been a great "little book."

Seems to me that you either have to make people have insurance, pay for it otherwise, or let the hospitals throw them out on the street to die.

$10 says the "freedom caucus" won't think it is so great. But Trump can probably steamroll them.

Yeah and some/most are totally unproductive in relation to achieving your desired outcome.

The other polluting substances are just as likely to be beneficial? Isn't there a demonstrable and even pretty quantifiable link to emissions and respiratory illness and cancers (San Francisco, circa 1987, alleges there are other costs as well). Maybe a repeal of the tax credits to both renewable and fossil fuels and then analysis of an excise tax to be used to offset costs of water contamination and healthcare costs externalized on society at large should be studied. I bet the Chinese are looking into that right now. I bet their citizens wish they looked into that a decade ago.

Yeah, those people need to suck it up and work on getting the vote out better next time.

W/r/t the ignore list, I should be able to click on someone and add them, like I can with the buddy list, right?

Best case scenario, he's Teddy Roosevelt. Worst case scenario....well let's not go there (something about armies marching across the face of the earth). Didn't Regan run on getting tough on the illegal immigrants and then end up doing an amnesty/screwing the Regan democrats and pumping out some big tax cuts? Maybe he can be like Regan without the Iran-Contra stuff and launching the jihadist movement and arming Osama. He has at times said some stuff about foreign policy that I agree with, such as why are we paying for the defense of the entire world, while they run lavish social welfare programs and don't even meet their NATO funding commitments, but of course that is arguably a much better use of funds than playing in the sand while our natural gas is burned off as a waste product. Wouldn't be opposed to a Buffett rule on trade deficits. Trade is totally free as long as you buy an amount equal to what you sell to the U.S. (with maybe some running bands and a five year smoothing period). No huge structural trade deficits.

Love Ackman's logic; He won't screw up because he doesn't want to (anymore?).

Yeah, I mean I think that had an impact but he won the regan democrats because of his tough talk on jobs and trade and the stresses remaining from the financial crisis. We will see if he can deliver. Not sure how he's going to make them competitive against robots. Hopefully we don't think thin out this oversupply of labor and quench the thirsty populists like we did after the great depression...

Wow. Look at those treasuries.

Hot.

So, caught the interview. It was pretty ok. Always love me some JGB. Consuelo seems to be slipping somewhat lately. Lots of just general "market" questions.

Either that or perhaps they were confused about how to vote.

HAHAHAHAHAHAHAAAAAAA!!!! HA!

"This board is terrible now, and this is a prime example of why. WTF does this have to do with a Joel Greenblatt or investing at all?" Liberal use of the ignore list feature may be in your future.

WETF, scaling in mind you. ;D

"That's why I thought single payer was a much better solution than the crap we had now. Everyone gets reasonable health care access. A specialized care may get worse but I think we will save on the unnecessary surgeries also. Also limit the patent duration and all these dirty tricks like mashup,alternate delivery and purification. Another scam is the drug industry/doctor cartel. Years ago I dated this girl who was a medical rep. She had zero idea about what she was selling but damn she looked really good. Her job was mainly to take these doctors out on dinner. All these married geeks would fawn over her and then the account rep would "drop by" and talk business." Every time I go to the doctor like three different pharma reps come in and go back to kiss ass/bribe waste time and resources.