CorpRaider

Could have also been running the arb spread, right? Given the delay in the reporting. Pretty sure this was recently discussed in another thread. Definitely can't just use the simple trailing anything; they just bought like 60%+ of the go forward company.

I took that to mean adding some transatlantic routes, not going into short haul within Europe.

Nice. I've been curious about his view on autos since one of those recent presentations on youtube where he hinted about it. Hmm.

Yeah, he's been using that one for a loooong time. Noticed Monish recently said (in one of this presentations to students) that he thinks the auto business isn't crappy anymore (or less crappy).

The price, she goes down, no? Yeah, had an order in for VIG when it dipped like 20% below NAV during the last "flash crash". No fills.

He used to chase people with knives and bats.

Yeah it seems to this casual observer that crediting the previously "swept" funds against the outstanding preferred would look much more seemly to the press and outside observers than treasury stroking a check.

Yeah, it seems like everyone thinks it will be a no vote though.

I wouldn't be surprised to see rights offerings distributed to preferred/common. Agree. It's not over until I've heard from a fat lady. But the past few weeks have been a welcome change from the last two years. :) Yeah, that would probably be sufficient Kabuki.

Congrats to you longs. Think you will have to put up new capital in exchange for warrants/equity? Seems like they will have to make you guys write a check in connection with recapitalizing it just for the optics of a GS alumn Treasury Secretary and a bunch of hedge fund buddies.

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.