Jump to content

Parsad

Administrators
  • Posts

    16,246
  • Joined

  • Last visited

  • Days Won

    64

Everything posted by Parsad

  1. Sorry Cubs, like my father before me, I'm a Liberal with a capital "L". You will never be able to turn me to the dark side! Apologies to George Lucas! Cheers!
  2. Yes, that is correct. It's probably the weakest part of using this platform and hopefully they'll improve it over time. Cheers!
  3. Who the hell brought up California? No one. What does green policies combined with inadequate forest policies have to do with tariffs? Go back to talking about tariffs. Cheers!
  4. Bill Ackman is not the brilliant tactician he thinks he is! Cheers!
  5. True! But are you really interested in flogging your own children because your neighbor has been tapping into your cable for a decade? That's essentially what you are doing. Cheers!
  6. C'mon guys! You two know you love each other...be friends again! I recommend both of you watch "The Apprentice", which I watched last night. Before anyone lambasts it as liberal propaganda, you should watch. I kind of understand Trump a bit better...God he's so funny (unintentionally)...Sebastien Stan provides a balanced, nuanced performance. It might make Cubs wonder (ok, maybe Trump not so good) and John say (ok, I kind of understand why Cubs will defend this guy with his life). Cheers!
  7. There are lots of stocks finally getting to more reasonable levels. When you look at the Magnificent 7...compared to how dominant they are and how much cash flow they throw off, they are not expensive...especially GOOGL. I have added to my GOOGL holdings as it has dropped. I've also been adding to retailers...they are just getting crushed...some should be, but some are getting thrown in with the bathwater. Cheers!
  8. No...I'm very worried! I was extremely worried during his first term, but at least the MAGA-Hatters didn't have that many seats of influence. This time is much worse...the lunatics are running the asylum! And he's got the Supreme Court, Congress and the Senate for at least two years. Captain Chaos is living out his name! You know the saying by Buffett...it takes 20 years to build a reputation and only five minutes to ruin it. Trump is destroying the last 50 years worth of goodwill and global alliances! I blame Obama...why did he have to make fun of Trump at the 2011 White House Correspondent's Dinner? You know Trump decided that night that he was going to fuck up everyone that ever pissed him off, especially Obama, and that no one would ever forget his name! It's why he's so intent on unwinding every single policy ever produced under the Obama or Biden administration...vendetta personale! Cheers!
  9. Can't get them here anymore...all of it was pulled off the shelves in Canada! I'm drinking Crown Black right now! Cheers!
  10. I hope so! Like many on here...I just love the guy and still have so much to learn from him. Cheers!
  11. Generally, it's when any existing shareholder wants to sell some of their stake...often for some liquidity. Francis does not usually raise any money...the company tends to generate more cash flow than he can even put to work presently. Perhaps one day, if he goes public it will be widely accessible, but that might me some time away. It really is his personal wealth vehicle and he had invited a handful of friends/associates to invest in the beginning. Like over 95% of the money was his own. So if he's smart, he will keep it private and away from the unnecessary regulations and requirements of a public company. And Francis is very smart! I would imagine the only reason he might even consider going public is for his estate and heirs. It would be easier to sell small amounts of a public company for estate planning, rather than chunks or all of the private company. Cheers!
  12. But this is partly my concern after Buffett is gone. Who at Berkshire would have pulled the trigger on a $150B+ sale of Apple like he did? Maybe Ajit Jain. I can't see Greg Abel doing something like that...or Ted and Todd. Berkshire is now ready to deploy all that cash, and probably at the perfect time once again! The only guy I've seen do something similar on a regular basis is Prem and his team...and even there, the batting average isn't as good as Buffett's! Long live the GOAT! Cheers!
  13. This is true...fully agree! Liberal politics in general on a global basis is in the shitter. They can't find good leaders and they have fringe maniacs moving them away from a more centrist playbook. But this is no different than Conservative politics...just the mad-hatters are leading the party now. Fucking nutjobs who probably should be in the Suicide Squad rather than running the U.S. government! Cheers!
  14. And always fucking smiling no matter what the hell is being said! Baby shot in the head...smiling. Dow crashes...smiling. Global alliances being destroyed...smiling again. Cheers!
  15. Nope...I call bullshit on this! Economically, I'm a conservative, but socially, I feel if you are a wealthy individual or a wealthy nation, you have some responsibility to fellow citizens who aren't as fortunate. Now exactly what society is responsible for is up for debate! Cheers!
  16. If you think Trump can or has any intention of taming Putin...I've got a bridge I want to sell you! Cheers!
  17. Let's not pretend that the tariffs are really Trump's way of balancing the playing field globally. We all know he wants to generate enough in tariff revenue to offset the decrease in income taxes that will be paid by the wealthy. Trump doesn't give two shits about that little girl either! Cheers!
  18. Fox News is very different than Fox. The actual people working at Fox News are more balanced. It's the talking heads on Fox, outside of the Fox News group, that are the Trump ass-kissing turds. Fox News is far more balanced than the other right wing outlets like News Max or News Nation and the like. Cheers!
  19. I met these two lesbian doctors from Texas on a tour bus when me, my cousin and my cousin-in-law were there for a sports weekend last year. They had talked about how when the pandemic hit and their practices were closed, they were working intensive care at the local hospitals putting in 16 hour shifts. We talked about Trump, and they said if they win, they will probably move to Canada. I told them, please do so, we'd love to have you there! When I said the same thing you said above, she said "more like the devil incarnate!" Reminded me of The Omen 3, when Damien is now a top U.S. Ambassador and is running for President of the United States so he can kill the baby Jesus when the Second Coming happens and unleash all of hell on the world. Fiction is fact and fact is fiction! Cheers!
  20. I can't stand Rachael Maddow...she reminds me of the lesbian version of Tucker Carlson! But that is some funny shit! LOL! Insane. About right for this administration. Cheers!
  21. Hmmm...primarily because of the outcome of the pandemic. If 20M people had died in the U.S., it would be totally different. Cheers!
  22. Yup...and the only area you ever see such a thing is in the markets. Doesn't really happen elsewhere. Only on listed markets do you get two wildly varied valuations of exactly the same asset...sometimes on the very same day! It's why volatility has zero correlation to risk...contrary to modern finance! Cheers!
  23. It's been the most consistent and greatest engine for 100 years. I don't think that will change in my lifetime. Cheers!
  24. There's a few movies that I can watch over and over. If they are on, I'll watch. Godfather 1 & 2, Goodfellas, Shawshank Redemption, A Fist Full of Dollars, A Few Dollars More, Heat, etc. The film I consider the best movie on baseball (other than Field of Dreams) and one I can watch over and over (watching it right now) is Moneyball. Just love this movie! Cheers!
  25. Every time it corrects 10% or more, I keep adding slugs...I added a large slug today. Again, I'm going for singles and doubles now...not homeruns. If you want homeruns with VOO...buy after it falls 20% and keep adding as it goes down. Cheers!
×
×
  • Create New...