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adesigar

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Everything posted by adesigar

  1. I checked the houses they bought around my area. Zillow seems to have paid anywhere from market prices to 5-10% over market price for most homes I saw. Asking price for some houses are now $25k below what Zillow paid.
  2. Haven’t ordered from them but these sites seem to be the best chance of getting authentic ones https://www.savanifarms.com https://www.mangozz.com
  3. We used to eat them in India during summer and relatives have mango orchards so we used to get crates of them. Daily 3-5 mangoes. If you don’t soak them you ended up with heat boils. https://m.recipes.timesofindia.com/us/articles/food-facts/why-soaking-fruits-in-water-is-a-healthy-habit/photostory/65843255.cms When we vacationed at the orchard the trick to finding the perfectly ripe mango for a quick snack was to watch the squirrels. They let you to the juiciest mangoes.
  4. If you want the best of the best you need to get Devgad Hapus. There is no comparison. They will only be available in April and May. They are faked a lot usually using other Mangoes from Ratnagiri so very difficult to know if you will get authentic ones here. I've only managed to get it twice in the US in the last 20 years and it wasn't as good because the taste is affected by the irradiation and temperature controls. Also only way to guarantee authentic is to find a site that take preorders for next year and specifies a window in which they will be made available. Btw if you plan to eat a lot of mangoes, soak them in water for a while before eating otherwise they increase body heat.
  5. I’d rather have honest people who genuinely care about the company than worthless incompetent big names similar to the board of directors of Theranos.
  6. Susan Buffett and Christopher Davis added to the board of directors
  7. From this article I believe https://www.bloombergquint.com/gadfly/evergrande-and-its-mainland-property-unit-split-that-s-bad-news-for-investors
  8. Don't know why share repurchases would have reduced. Of the 6 Billion in 2nd Quarter purchases, 3.5 Billion was done in June at an average of $280 per B share. He was even buying in May at $286 per B share.
  9. And that’s after the buyback. Without the buyback P/BV would be even lower.
  10. At 80% of benefits won’t US Social security still pay out more than Canada’s CPP? What’s better in Canada is healthcare costs.
  11. It was the purchase from Weatherford. Accidents happen. 2 years ago there was the fire at the location in France and another Berkshire Hathaway insurance company was the insurer for Lubrizol.
  12. It started with the David Sokol issue. Then a bolt on acquisition in 2014 which cause a write down a few years later and the CEO was replaced then. His replacement has been replaced again within 5 years. If I recall correctly sales and net income are flat after 10 years even though there were bolt on acquisitions. I’m my opinion it was a bad purchase for Berkshire Hathaway.
  13. Lubrizol was a bad purchase for BRK.
  14. I have also been monitoring the Russel 2000. It peaked March 15h and seems to keep bouncing off from 2130. If it breaks below that the technical traders might start selling which might cause the market to roll over.
  15. Thats what he says but his actions are that he has been a net seller of stocks. Why does BRK have a 6 billion quarterly dividend in the form of buybacks and $140 Billion in Cash? He cant find anything to buy and hasn't been able to for a while.
  16. I’m hoping for 7 Billion in share buyback and $3 in per share earnings. portfolio went up approx $30 Billion till end of June and is up another 8 billion since then. Let the buybacks continue.
  17. Junk Bonds at 3.9%. https://www.cnbc.com/2021/07/14/the-junk-bond-market-is-on-fire-this-year-as-yields-hit-a-record-low.html
  18. Didn’t PayPal go public with about 60 million shares outstanding. If all 60 million had been from the first funding round (there were 4) and it was a 3 million funding round that would make each share priced at $0.05 as opposed to the reported $0.001 which is 50x.
  19. If you are talking about Ted Weschler I agree. He did the research and took the risk. As for Peter Thiel. Does anyone believe PayPal shares were worth $0.001 per share? Im sure everyone would like to buy shares at made up prices in Roth IRA accounts.
  20. Http://www.einnews.com/amp/pr_news/545161081/tower-16-capital-partners-announces-the-sale-of-ivilla-garden-apartments-for-30-million-after-a-16-month-hold-period
  21. Michael Burry, Jeremy Grantham, and other top investors are predicting an epic market crash. Here are their gravest warnings so far. https://markets.businessinsider.com/news/stocks/michael-burry-jeremy-grantham-predict-epic-stock-market-crash-warnings-2021-7
  22. One other thing that seems to have happened during the pandemic. A lot of small businesses were hurt really bad but it seems the large companies are mostly doing much better. Some earnings seem to have moved to large companies. Recent revisions to S&P earnings estimates are $180-$190 for 2021 and $200-$225 for 2022. That’s a forward PE of 20.
  23. I’m not sure Bill Gates would care about the Nobel Peace Prize. It would be much easier and cheaper for him to start a ‘Gates Prize’. Personally the Nobel prizes, especially the Peace prize are a total joke. I have no idea why anyone cares about them.
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