james22

Sure, the thing is even pushback creates economic friction:

When I hear Energy Justice, I reach for my revolver.

Thank God the young don't vote.

$12?? You'd pay $2 for a notebook, yeah? So you're out $10. How many multiples of $10 did your portfolio move today? Don't let $10 stress you. That's far more costly.

Give me a terminal diagnosis and I'll jump from the bridge into the net. And then shoot myself in the head.

Retired, I need to decide when to sell to meet my 2023 expenses. Hard to sell BRK before I have to when it's still undervalued, but really wouldn't want to have to sell if it fell back to its low (or dip into my cash bucket). I'll probably hedge and withdraw half the year's expenses in January (assuming little change) and hope any recession will occur early in the year.

Thanks, nwoodman. Once there is a shift in top management, we would expect Berkshire to be more open to initiating a dividend... Grr.

Zero seems less surprising than $1M.

What we’re witnessing is, in short, the least expensive generational kneecapping of a geopolitical rival in world history. https://pjmedia.com/vodkapundit/2022/11/21/some-hard-truths-about-the-russo-ukraine-war-n1647585

DIMO collects valuable auto data from data ports in cars. It does so by allowing car owners to mint tokens by capturing data from their own car. The data are valuable for the car owner as well as for auto manufacturers, suppliers, insurers, municipalities, etc. One can envision a two-sided market for DIMO tokens developing over time where data-users buy and burn tokens that are minted by car owners with DIMO data collection devices. While @Tesla can build DIMO’s dataset for its own cars, how can any other automobile company create a similar dataset for their own vehicles that were manufactured before connectivity and data collection became feasible. Furthermore, how can any company create a dataset of all cars on the road today? While all cars made since 1996 have OBD (onboard data) ports, other than DIMO’s token-incentivized model, I can’t envision how a company in a non-crypto world can create real-time access Tokens will have real value when we can all sell our living/shopping data.

Yep.

It's not "The Death of Equities," but it's the kind of thing I want to see before I buy.

Is this the end of crypto? The collapse of FTX has dealt a catastrophic blow to crypto’s reputation and aspirations As at the end of any mania, the question now is whether crypto can ever be useful for anything other than scams and speculation. The promise was of a technology that could make financial intermediation faster, cheaper and more efficient. Each new scandal that erupts makes it more likely that genuine innovators will be frightened off and the industry will dwindle. Yet a chance remains, diminishing though it is, that some lasting innovation will one day emerge. As crypto falls to Earth, that slim chance should be kept alive. https://www.economist.com/leaders/2022/11/17/is-this-the-end-of-crypto?

https://www.gawker.com/money/someone-not-us-is-threatening-to-leak-a-sam-bankman-fried-sex-tape

Anyone want to guess a BTC bottom? Or when you'd buy? $10k?

I like to believe that if regulated, the crypto-anarchist/cyberanarchist types will loudly proclaim the death of BTC and drive its value down. It'd be an opportunity.

Shame, would have flipped the physical one for a pretty penny.

$2

16 Psyche...

Why is that question not posed to the former as well? I believe BTC has value, I just don't know what it is. Sure it was overvalued for the longest time, but might be interested once the bubble deflates.

Exactly.

^ Interesting. Early, when the numbers were small, foreigners in Saudi who tested positive were quarantined in hotels until tested negative (or 10 days). They were hospitalized if symptomatic. I spent 10 days in a hotel room after a 4 day hospital stay. Slept the time away because I was pretty sick, but friends who were asymptomatic had a tougher time feeling trapped.

Where's the rotation to gold?

Well, yeah.