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Everything posted by Gamecock-YT
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Yeah no wonder he's flipping out. Late in the cycle and in deep.
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Berkshire Annual Meeting 2017 - Live Stream Discussion
Gamecock-YT replied to Graham Osborn's topic in Berkshire Hathaway
sounds like plays on cannibals -
How much do you need when approaching retirement?
Gamecock-YT replied to Cigarbutt's topic in General Discussion
Four percent rule? -
I ride the train everyday with these students....talk about a delusional bunch. Think their shit doesn't stink. Know a few grads as well, they all say they wish they hadn't done it. I've seen the latest thing the feds are wanting to do is give the schools some skin in the game. 5% of their funding being tied to students graduating and/or getting jobs after graduating. Sounds like the makings of a horribly perverse system of incentives.
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BTW the royalties on these ETFs would blow your minds. I can see why Pabrai wants a piece.
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It would not take 8 minutes nor 10. To this duration, one would have to add the time to get to the station and from the station to the final destination, waiting for the trains, constraints due to tickets availability and times etc. How is that any different from going any other option? The train once it starts takes an hour. The hyperloop once it starts takes 8 minutes. Of all the things to nitpick, having to show up early at the station or buying tickets seems kind of silly to complain about.
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I think it would be a fantastic idea to connect Vienna to Bratislava, silly that the best you can do is an hour one way no matter if by car, train, bus, or boat: "While it currently takes 1 hour to get from Bratislava to Vienna by bus or train, we should be able to cover this distance in 8 minutes by year 2020 when Hyperloop should be launched. The 200km distance between Bratislava and Budapest will be covered in 10 minutes. According to the Hyperloop company, the travel ticket should not be more expensive than 20€."
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thanks for the tips. Did you make the cut?
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Put in my request through the GCC! $345 isn't bad for 3 games. I'm wondering what our allotment will be given the stadium holds 70k? Stubhub tickets have dropped over $100 since this AM. Get you in the door price for all three games is $413 as of now. Already have the hotel booked and looking to fly out Thursday night.
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Good Luck! It would be nice to have a school that hasn't won the National Championship win this year. Many thanks. A very surreal experience. They haven't been in the tourney since before I was an undergrad, and now in the final 4! I was at the game yesterday at MSG. Was like going to a Florida/SC football game.
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Final 4 tickets!
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Great Sax Solo
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Merrill Edge gives you free trades if you are a Platinum or Platnium Honors rewards member with BOA. I think it requires >$50K in assets.
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You said that for the 2016 thread too. A year early! ;D
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Cash
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Why Mohnish Pabrai Likes GM, Fiat, and Southwest Air
Gamecock-YT replied to indirect's topic in General Discussion
Still would be pretty stupid and is nothing more than a pie in the sky idea they use to sucker in people looking for growth IMHO. They don't have the plane to do it, would lose efficiencies that they have with fleet commonality, etc. If your idea for investing in SWA has anything to do with Europe you are a flat out sucker. -
Buffett's Berkshire takes stakes in four major airlines
Gamecock-YT replied to KCLarkin's topic in Berkshire Hathaway
The obvious question is why does Norwegian have such a low cost structure? They buy the same planes. They use the same fuel. Apparently, they even hire Americans. So either Norwegian has a tax advantage, illegal subsidy, or some other structural advantage that I am missing. Or the cost advantage is an illusion. For example, flying to cheaper but less desirable airports. Or packing more seats on a plane. I think the cost advantage of many of these ULCC's comes simply from cramming more seats on the plane. But this isn't really a sustainable competitive advantage. United can easily re-configure its planes. We saw this with Air Canada Rouge, for example. But presumably United uses lower density configurations because they can charge more to business flyers. So the network carriers let the LCCs and ULCC's pick off the leisure travellers. L-A-B-O-R -
2016 NFL Super Bowl Prediction Post (Thanksgiving 2016)
Gamecock-YT replied to doughishere's topic in General Discussion
Titans vs. someone getting beat by the Titans. -
Buffett's Berkshire takes stakes in four major airlines
Gamecock-YT replied to KCLarkin's topic in Berkshire Hathaway
They are finally in a position to get some leverage after the recovery. You see all the pilot unions getting new contracts, American's pilots negotiated poorly and want a second bite at the apple after seeing cargo/delta pilots get fat raises. You'll see more labor unrest to come. You don't have strikes when people are actively being furloughed. Also, a topic that has been mentioned before on here that will be continuing trend in the industry is a shortage of pilots. Due to the industry dynamics where it was cheaper to work at McDonalds than be an entry level pilot (and take on the associated debt to get trained to even be in that position) there's a shortage of pilots at the regional airlines that will continue to work its way throughout the system with the mandatory retirement age of 65. Labor costs will continue to increase. So sure, it seems like this is a play on a consolidating industry with semi-rational actors (although capacity keeps increasing, never mind low fuel prices artificially keeping CASM in check). But, it just seems like we're a lot closer to a cyclical top for the aviation industry than we are a bottom. -
American or not, how would you hedge a Trump win on Nov. 8
Gamecock-YT replied to hillfronter83's topic in General Discussion
My Blood alliances are looking strong. -
It's almost as if hockey equipment has become commoditized. You walk in to any hockey shop or shop online, how do you differentiate between any of the brands? When Easton first came out with the Synergy it was a game changer, but now you can get a composite stick off ebay not very different than that of the big brands for $50. I had to look up what brand Crosby and Ovie are using.
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American or not, how would you hedge a Trump win on Nov. 8
Gamecock-YT replied to hillfronter83's topic in General Discussion
Long Guns. Ammo. Easily defensible land. Blood alliances. Personal health. Zero Hedge.
