Gamecock-YT

If I'm Dimon or Fink that would be really tough being the boss for so long only to have to suck up to Trump as Treasury Secretary. I guess getting the immediate options vest and the tax deferred treatment of going into government service might soften the blow but it's not like these guys are hurting for cash. Guess it's the old saying that everyone has a price.

https://www.bloomberg.com/news/articles/2024-06-29/clos-have-too-much-money-and-are-running-out-of-things-to-buy-credit-weekly You know they're going to keep the gravy train running so next move is dogshit about to turn into dogshit²

he's a reputation risk now

Kyoto is the epicenter, but it's country-wide. Instagrammers started blocking traffic in front of a Lawson's that had a view of Mount Fuji above it, it got to be so bad the local town put a screen up to run the tourists off. Now they're finding holes in the screen. There's now even been a push to start charging foreigners more for goods and services and at attractions. https://www3.nhk.or.jp/nhkworld/en/news/20240624_19/ I went for the Sakura in spring of 2023 and it was a complete zoo. Ruined the experience. If I was going back I'd get off the traditional tourist track and spend more time in Hokkaido and Kyushu.

That 21% youth unemployment is so vastly superior. Last time I was in Japan the convenience store workers at my local shop were speaking mandarin to one another. Nevermind the videos of the Chinese nationals crossing the border to the US from Mexico. So sure, western society might have their problems but China isn't some utopian society, nor anywhere close to achieving it. It's been noticeable even in the past two-three years being in Asia that countries in Asia that previously would have been kowtowing toward Chinese tourists are now putting up Korean language menus and signs. They are learning there are other fish in the sea. All this to say that other countries that aren't in the immediate orbit of either China or the G7 will continue to play them against one another to get the best deal for themselves. Same as it ever was.

Literally one of the best parts of being in Asia is how you are practically removed from the 24 hour news cycle. US Markets are closed for the day by the time you are waking up and European markets haven't started up yet. Anything that's "news" just for the news cycle-sake is already being removed and replaced by whatever new stories are hitting the headline in the US&European papers. These days it's just the various Asian currencies hitting new lows against the USD and whatever "news" is coming out of China. Bunch of ho-hum. As someone who previously had multiple TVs of CNBC/Bloomberg in front of them at work, it's mind boggling how utterly worthless those channels are. I'd argue the only time they are ever worth paying attention to in during market turmoil but even then you're probably better off not being influenced by their presenters, instead forming your own opinions about what is going on, and acting accordingly.

getting out before the fallout of the trade war starts showing up in the results

I'm not reading anything that's sourced from the heritage foundation or the Ronald Reagan Institute. Give me a break. Next you'll be citing the epoch times.

Who in their right mind would sign up after 20 straight years of military conflict with boomers in power on both sides of the aisle revving to send another generation to fight in more meaningless conflicts? But it's DEI that's the problem........right.

Gatekeep much? They're bringing publicity to a sport that most Americans have no idea what even the basic rules are. So yeah, it's *shocking* they're having to field immigrant talent.

Kohli with a golden duck was quite impressive. If the US beats Ireland and they are shockingly into the Super 8 and guarantee themselves a spot in the 2026 world cup.

Pretty self explanatory isn't it? You have a country difficult to move capital out of in China that will typically use Hong Kong as a conduit to get money out and you have illiquid stocks you can in theory manipulate the price of and layer those transactions more easily without anyone noticing. The broker is on the hook for anything nefarious that happens on their watch, I would guess a regulator started asking them some questions about some transactions and they just decided to pull the plug entirely.

I hear the Boston Omaha guys are available

KYC/AML I'd guess.

a fool and his money are soon parted. same as it ever was.

After having worked at banks in the past, I don't have any interest in owning bank stocks. I think he's also in that boat having been CEO of a bank.

Think this will become more and more common given the Cov-Lite nature of loans made in the 0% interest era start having step-ups in the payments due and refinancing tough to come by. The next piece in the article goes on to mention a PE group investment where the equity got written down to 0, they moved the IP to a new subco and got more financing off of it. Extend and Pretend for all!

See this would be a good use of AI. Drop all the postings of COBF into a dataset then flag for unique key words or phrases. Then see if you can match any other words to similar posters. We all have certain signatures when writing that are unique tells when combined. Voilà!

When my grandmother got into her upper 80s she fell down stairs in her home. Very fortunate to only have broken her shoulder. My grandfather also had a similar type experience walking up some outside stairs after a rain storm. Usually any type of fall at that age usually leads to very negative consequences as I'm sure you are aware. Kind of like Munger's theory of avoiding things with negative consequences, a thing to start thinking seriously about as you age.

Invert it and do the Americans. Basically just perpetually making the Ukrainians fight with an arm behind their back, only to acquiesce and let them have artillery/tanks/planes/missiles/where they can shoot those missiles whenever it becomes apparent they might start to be forced to fight with both hands behind their back.

It just seems to be an ever increasing series of small escalations via 'red lines' that were previously forbidden, suddenly being allowed. So if you follow it to it's logical conclusion, where is the tipping point? Or the point of no return? I would posit it will be if/when NATO member countries are in Ukraine in an 'official' capacity as trainers, or some similar capacity, and they are attacked by Russia. Until that happens everything else is only building until that potential moment. And what the response of the west will be to it. The other immediate tipping point is the US election results and should Trump win and likely pulls the plug of American support, what is the European response? But I do think we are ever increasingly spiraling towards a larger conflict. Red lines are continuing to be violated with no parties even remotely interested in a resolution or a reduction in combat activities.

No, not really. Santa Cruz is really spread out compared to most cruise ship stops so pretty easy to not be on top of people. Especially if you get a few blocks out of port. I hit the tourist sites in the morning and took the bus up to the infamous airport, then spent the afternoon at a cerveceria before hopping back on the boat.

Just spent the day in Santa Cruz de Tenerife on a stopover during a transatlantic cruise but I liked it. Easy to get around via the bus/tram system they have there. Assume you'll fly into the south airport and spend most your time riding Mount Teide. Also if you have any interest in aviation, the north airport was the site of the worst disaster in aviation history.

Yeah I prefer more pulled pork vs. chopped. Likewise more prefer SC mustard or ketchup based sauce. Usually just prefer vinegar based on sandwiches. Red slaw only if I don't like how the place does white slaw. Yeah that part of the north Charlotte 'burbs has really boomed the last 10-15 years. Kannapolis' baseball team used to be named the Intimidators after Dale Sr. but I think there was a falling out with the estate over the rights to the name.