Parsad

Don't confuse volatility with risk. With $40B in bonds and $8B in cash, Fairfax is extremely well-positioned to take advantage of undervalued opportunities and hardly any of their businesses will be affected by tariffs. They should be licking their chops if things get volatile! Cheers!

You push people far enough on taxes and tariffs, you may get outcomes you don't want. Already, you have many countries rethinking their trade alliances and why they made concessions for the U.S. as their first and preferential client for trade. Do you think U.S. security and economics is at more risk or less if Canada, Mexico, South America and the Norwegian countries start to do far more trade with China, India and Russia? Canada banned Huawei because of China's use of their technology to gather information and espionage, but maybe Canada backtracks and moves to using more non-U.S. tech. How does that help U.S. security or trade? Cheers!

May be true, may be not. During the Oil Embargo, it wasn't as easy as you make it sound. Trump could have played hardball, but he chose to just burn the entire field...so no one plays, no one wins...everyone loses! Cheers!

Any wonder Buffett has $325B in cash now? Cheers!

Unfortunately, you lose sight of the greater picture for $50B in annual trade deficits. Barry Penner wrote a terrific op/ed piece for the Vancouver Sun yesterday. https://vancouversun.com/opinion/op-ed/barry-penner-an-upside-down-world-the-importance-of-keeping-u-s-canada-relations-on-an-even-keel No one in the world is going to target Canada really. But the U.S. is the biggest target in the world. Your security was stronger working with Canada, with the World, than against. Cheers!

MACA - Make Canada Great Again...thanks Trump! Cheers!

Reminds me of the story of that guy who bartered his way from a paperclip to an old house. Not everything works for everyone, but people can always find a way if they want to. Cheers! https://ca.news.yahoo.com/she-spent-3-years-collecting-090000618.html

+1! Both for me as well. The process gives me the proceeds to continue the process! Cheers!

https://finance.yahoo.com/news/alibaba-releases-ai-model-claims-051704166.html Cheers!

In all honesty Cod Liver Oil, the only book I've ever read on chess was a very rudimentary book on how the game works when I was 11 years old. I've never read any books on classic openings or anything, but I've played for almost 45 years now. I'm pretty good...based on how I play and players I've beaten online, I guess I would rank somewhere between a Class A and Class B player. Maybe I should read some books! Cheers!

He was already dead! Trudeau a few months ago had a 16% approval rating...the lowest in the history of Canada! Trump had zero to do with it. Trudeau going to Mar-a-Lago just meant Trump could kick somebody in the teeth when they were already down in the gutter. Which is about right for Agent Orange! You know what...go fuck yourself! Whether the U.S. needs Canada or not, doesn't change the fact that Mexico is on one side and Canada the other. If you want U.S. security...to stop criminals and terrorists...suck it up and work with both countries instead of being bitches and alienating the few actual friends you have left. That being said, the next asshole who screws up a whole thread by bringing politics into it is getting a full ban. I don't care who it is. Keep the discussions to economics and investing. Cheers!

+1! Cheers!

https://www.yahoo.com/news/china-artificial-sun-sets-nuclear-133129651.html Cheers!

Good idea Greg, because this isn't working. Maybe people will move on to another subject. Cheers!

Been there, done that...it was pure anarchy! So either people shut the hell up about politics and stick to investing, or I delete such posts. And if there are a bunch on a thread, I'm not going to waste my time anymore...that whole thread is going to go in the garbage...regardless of any posts of value in the thread. Cheers!

I thought the world economy was collapsing and so called "woke" policies had turned everything to shit! I'm guessing that's the disinformation that Blake is talking about. Anyways, not specifically at you 73 Reds, but for everyone else, can you please get back on topic instead of political crap. The thread title is "Have We Hit The Top?" Cheers!

For or against Blake? Vegetable oil or beef tallow. Choose your side! Cheers!

Just a joke Sweet...nothing to do with you and more about how politicians of all stripes and color suck! I'm not sure how any of them wake up each morning and then spew the crap that they do...Dems and Republicans, Liberals and Conservatives! Almost all are liars, cheats, scoundrels and hypocrites. Power corrupts absolutely! Soon Oprah will be giving away pardons...you get a pardon, you get a pardon, you get a pardon! Cheers!

Apparently, it's been extremely dark times for the US economy over the last 4 years...you sure you want it? Things have been about as bad as humanly possible in the U.S...people getting stabbed, shot, raped, murdered...almost like Haiti or the Congo! Censorship has been rampant, weaponization of the justice department, every child I know has been given testosterone blockers, dogs falling in love with cats, the Rock hating on Vin Diesel, hell opening up in the Pacific Palisades swallowing up all of the gay, God-hating powerbrokers of Hollywood...it's been just awful! You can't even get a decent donut anymore or french fries cooked in beef tallow! Cheers!

You can call Fairfax and ask to speak to their investor relations representative and ask them if that information could be put in the annual report or Prem's letter this year. They'll make a note and maybe show an updated number. Cheers!

https://statisticstimes.com/economy/united-states-vs-eu-economy.php https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=GB-US 1st link...US GDP PPP versus European GDP PPP. 2nd link...US GDP PPP versus UK GDP PPP. As the slides show UK GDP PPP grew at the same rate as US GDP PPP. And Euro GDP PPP was just nominally lower than US GDP PPP. Has little to do with migrants and more to do with currency fluctuation. In other words...more economics and less politics. Cheers!

You didn't even read the slide you posted: Using "current prices" to make such interpretation is misleading, since the euro depreciated temporarily during that period. On a PPP basis EU GDP per capita was 67.5% of US GDP per capita in 2010, by 2021 that had actually grown to 69.8%. Cheers!

Rubbish! You're going to tell me that policy creates an environment where there is zero opportunity? There is always opportunity...maybe not as often or as abundant...but always opportunity in almost all Western economies and most of the rest of the world. Maybe more time should be spent seeking ideas and less time fighting over political policies. Cheers!

I found most of it was really good, but it sort of lost it in the last couple of episodes, only to redeem itself towards the end. Not bad and worth watching if you like Westerns. Cheers!

Guys keep the political rhetoric off the board, otherwise your time and energy spent writing a post is just deleted and no one reads it. You want to fight over politics, go elsewhere since there are plenty of venues that suffocate themselves talking about this crap! Cheers!