Parsad

There is no replacement for Buffett...but in my opinion and obviously it's biased...Prem is the only one that I could think of that could actually step in and do nearly the same thing, get a similar level of respect from management/employees, and treat them all with that same graciousness, respect and expectations of long-term success. He completely understands investing, insurance, leadership, respect for shareholders, aligning incentives, holds a high moral code and endears himself to everyone around him. And as you saw today with the Fairfax emblazoned items at the AGM...a terrific salesman! Only thing left is for Prem to learn to play the ukulele! Cheers!

Nice looking bag! Hope you packed a lot of Fairfax goodies in there. Cheers!

Summary of Francis' Presentation at the Ben Graham Ivey Conference: Cheers! Ivey's 2026 Ben Graham Conference_ Francis Chou Details Three Big Returns In Insurance Vehicles Using Grahamian Principles.pdf

KPO...can't access the article. Who are they talking about? Abel, Prem...? Cheers!

Yup. I'm 100% convinced humanity's legacy will be the creation of a civilization of super AI robots and our own inevitable demise! Cheers!

Actually Greg, I would say every President over the last 50 years has hit that list I gave. Sure, some may have straddled the line or were short one characteristic or two, but for the most part, they all respected the office. But this guy...Trump...he's short on almost every one of those objectives/ideals. Again, like Munger said, he's not wrong on everything. But he's a fucking lying ass unleashed on the world because of some Americans just saying: "Fuck it, we're going to vote for the jackass just because...just because we are tired of being the scapegoat for the "woke" agenda and we're tired of apologizing for what we have, what we want and what we deserve. So fuck you world...here's our boy, and he's going to make your life a living hell! If he does a tiny fraction of what he says, great! And if he makes your life a hell and creates chaos...that's icing on the cake!" Cheers!

Shut up Greg! Kimmel has no photos with Trump! Cheers!

Trump got elected because Biden was entering senility and Kamala was not Obama! Almost anyone else probably would have given the Democrats a fighting chance, but nope...they let Biden go far to long, so that there was no time to do a real search/vote for Democratic leader/presidential candidate. What did Kamala do during her tenure as Vice-President? She did less than JD Vance has so far in one year! Cheers!

If I was American? The Constitution...Liberty...due process...Bill of Rights...innocent until proven guilty...international law...decorum...the Golden Rule...build people up, don't tear them down...prosecute rapists and pedophiles...convicted felons should not be President...it's a pretty long list that goes on and on! Now what exactly do some of you stand for? Cheers!

Will depend on the total outcome. I think there are issues he's addressed in very irregular, dare I say illegal, ways where the end result may be beneficial for many. At the same time, the chaos he's created in other areas has done such damage, both economic and reputational, that may be a far bigger long-term mess than what the supporters are seeing today. Only time will tell! So drink hardy and eat well my friends...for tomorrow will come...we just don't know if it will be a shitshow or something to celebrate! Cheers!

It's only an issue if you leave it there. I had half of my trading accounts in cash at the beginning of the year earning 2.5%. I put 95% of it to work last month. The trading accounts are up nearly 20% for the year in a month. Now the cash is slowly starting to accumulate again in each of them. So, if you leave it in T-bills forever...yeah, that's a problem. But if it's a parking spot until you find good ideas...nothing wrong with it at all. Cheers!

LOL! Touche...fair enough. Cheers!

Yup! But you missed a whole shitload of stuff between there. No one in their right mind could have imagined all of the crazy ass stuff that came out of that mouth and his administration. Just not possible! Not even in our wildest dreams could anyone imagine the lengths he would go. But you dumb fucks in the U.S. voted him in! Not just a handful of you...half of you...you retards! Then again, the choice they had was dementia Joe or Kamala. The Dems kind of screwed themselves over. It's almost certain that if Democrats put forward any sort of decent centrist candidate with no baggage, they will win handily in the next election. Will they put out a winner or just another loser?! Cheers!

Fair democratic elections decided that fate. You run illegal elections under a theocracy, what do you expect to happen? Even the U.S. is playing a dangerous game right now with their accusations of election fraud, and now the adoption and insinuation of a religious war/holy leader moving forward with an agenda backed by God! Fucking nutjobs! Then fight with the Pope and other religious groups that say you are being blasphemous and not actually preaching the gospel. I swear...this is a damn simulation and we are soon going to see the "Game Over" sign! No way all of this is real! Cheers!

+1! Cheers!

White House breaks silence on 10 missing scientists but leaves more questions to be answered Cheers!

Why is it a load of crap? You think the world or any sovereign nation should be ok with every other country exploring nuclear weapons capabilities? Just like you wouldn't let your neighbor take over part of your property, you aren't going to risk your life if another sovereign nation seeks weapons of mass destruction. Load of crap would be not doing anything about it! I can guarantee you that not only the U.S. and Israel, but China, Russia, India, UK, France, Germany, etc and any other superpower does not want to see Iran get nukes. They may not make it as obvious...but they don't want to see it happen. They don't want to see any more expansion of nukes! Cheers!

+1! Even now...October 7th was completely unprovoked and innocent women and children were massacred...butchered in fact! But no one wants to think about that. 9/11 was so painful for the U.S., but buildings were hit by planes. On October 7th, men literally butchered other people. Not just shoot them or stab them...BUTCHERED THEM like serial killing psychopaths who were mentally disturbed! Even with the recent attacks by israel and the U.S....nothing like that has happened to any Iranian! Let alone women and children. Yet, this comes down to who has nukes, who doesn't...who is being treated differently than the other. Yes, Iran wasn't directly behind the October 7th attacks, but they sure as hell funded these groups over decades! Cheers!

He's a scumbag like his father and father-in-law! At the same time, they were pretty up front on how they planned on monetizing anything they get their hands on. Everyone should have known! Cheers!

Also, I don't think I've ever gotten through to anyone with humiliation. It almost always has the opposite effect. Look at the Frankenstein's monster and shitshow that Obama's jokes at the Correspondent's Dinner caused! Cheers!

No, that's fine. I mean the "Blakey-poo" stuff. You can leave that out. Cheers!

You mean like Israel or Ukraine. Ukraine gave up their nukes and look what happened! Israel was surrounded by a group of hostile regimes that wanted to wipe them off the face of the earth. Not just take over their land, but completely wipe out the population and race...genocide! It is only now, that really only Iran is left in the wake of that group of hostile governments that wanted Israel to disappear off the face of the earth. The last thing they need is a nuclear deterrent that would stop the world from using force to stop them from finishing what they've tried to do for nearly 50 years. I have no interest in fighting with my neighbor. But if they are firebombing my front door every month with a Molotov cocktail, I'm going to have to find something to deter them. I can't sell or move my house in Israel's case, so what options do I have? Cheers!

Stop baiting Greg! You can say the same thing without being a dick. Cheers!

73Reds, I agree! You need to watch how you phrase stuff as well. Be more specific...you could say "destructive regime"..."destructive leaders"...etc. The word "animals" panders to the same debasement of people as less than human. Cheers!

Israel has had nuclear capability for 60 years! I'm not interested in watching another North Korea sprout up in the Middle East. Iran's history in the last 50 years doesn't indicate it deserves equal treatment to Israel or even Pakistan! You aren't applying my logic to the scenario above...you are applying the logic of someone who has a complete blindspot when it comes to the behavior of Iran as a sponsor of terrorism for nearly 50 years. There is no point in this discussion where you will ever convince me that the current Iranian regime deserves any benefit of the doubt...ANY BENEFIT OF THE DOUBT...that they should have highly enriched nuclear material, let alone nukes! Nothing you could EVER say would convince me of that unless this government is changed! Cheers!