Parsad

Edinburgh...Orkney. Cheers!

Marlin was a Yellow BRK'er...was a BRK shareholder going back to at least the very early 1990's if not earlier. Putting "Of Permanent Value" together is a lot of work for Andy. He then began self-publishing a long time ago. The two together make for a heavy burden...especially when Berkshire keeps growing, changing and adding more businesses! Cheers!

Canada would never reject a legitimate Interpol notice. Where there is evidence, Canada always accommodates extradition agreements with countries it partners with unless capital punishment is involved. Regarding the Air India bombing, it was the RCMP who effed up the investigation in such a way that the accused got away with it. Nothing to do with Trudeau's father. I'm not saying Nijjar wasn't guilty of something...but there was obviously not enough evidence to extradite him or capital punishment was involved. Nijjar had no criminal record in Canada. Cheers!

100% agree! A couple of eggs in the morning, and it satiates my appetite. My blood sugar is more balanced than if I just ate oatmeal, cereal or toast. My brain function is better. I don't eat again until hours later. It's all the other shit we eat that compounds any cholesterol/blood pressure issues. The sugars, starches, etc. Cheers!

https://finance.yahoo.com/news/china-developers-slump-most-since-025713139.html Cheers!

Hmmm! https://www.cnn.com/2023/09/23/business/china-too-many-homes-for-1-4-billion-people-intl-hnk/index.html Cheers!

Totally agree with this! A lot of irregular state-sanctioned behavior occurring in a sovereign nation's jurisdiction...there has to be a response or investigation. How he handled it is debatable, but something had to be done as well. Cheers!

This actually happened not far from where I live. I actually go to the Krispy Kreme (only one in BC) that faces the temple where Nijjar was shot. Nijjar was warned by CSIS and RCMP that his life was at risk from potential threats...he was even asking if he should wear a bullet-proof vest. Unlike the head of Khalsa Credit Union and Khalsa Schools who was killed a couple of years ago, Nijjar had no links to criminal activity. The two young assassins have still not been located. There were a number of warnings to Nijjar and the Sikh community here in Vancouver that India was targeting certain individuals. It will come out! There is a very high probability that this was state-sanctioned not dissimilar to Jamal Khashoggi. Trudeau did not handle this appropriately. It should have run through security channels between India and Canada, not in the open like Trudeau made it. This creates two problems and a shitload of tension: First, Sikhs were already distrusting of the Indian government. Second, like back in the 80's after the Golden Temple raid by Indira Gandhi, you may see significant terrorist activity in India and abroad. This was neither a smart move by Trudeau, nor India if they did this! And it certainly looks like India had a hand in it. How deep it goes...did Modi know? Was this a rogue hit by India's security personnel? That will all come out over time. I think Modi is overreacting by suspending visas. It will just hurt business and business owners. While he's done many good things on a socio-economic front, his nationalistic tendencies are alienating minority groups in India and their diaspora around the world. Cheers!

Nice! Cheers!

It's why investors should keep a certain portion in cash so that they aren't forced into drawdowns when a stock or the markets are down. It also allows them to buy more stock if that liquidity isn't required when a stock or markets are cheap. Having some cash provides flexibility that negates the risk of inflation on that cash. Cheers!

+1! Cheers!

+1! Cheers!

What do you do with all those eggs? Do you freeze them...doesn't that change the texture? Generally, the best before is about a month out. Cheers!

Congratulations to you and your daughter! Chase that dream...amazing things will happen. Cheers!

Hi Petec, I'm on a cruise around England, Scotland and Ireland from October 3rd to 13th, but will be in London at the Park Plaza Westminster Bridge from October 14th to 18th. If anyone wants to meet up at the Park Plaza or nearby, let me know. We can arrange a little informal gathering. Cheers! Sanjeev

Settlements starting in FTX lawsuits: https://finance.yahoo.com/news/nfl-quarterback-trevor-lawrence-two-051609261.html Cheers!

That's what I noticed a long time ago as well...so it was never incorporated into the site even though some people wanted to. I've been an A student and I've been a C student...but both times I was still the same person. Not sure why "likes" would make a difference in someone's opinion or idea on any one subject! Cheers!

How do you trust the valuations and accounting? I assure you that every Chinese company has two sets of books...one for the auditors and one for management! What margin of safety do you apply for political risk or property seizure? How do you certify Chinese inventory numbers? Do you discount Chinese PPE or take it at face value? What margin of safety protects from the inability to remove capital from China? These are just a few reasons why I wouldn't invest in anything in China. Sure, it will grow and do well over time, but I'm at a huge disadvantage compared to investing in North America or Europe in terms of transparency and recovering my capital. Cheers!

No need to invest in either! Like I said before, unless you are managing tens of billions, you don't need to go outside of NA. Cheers!

You should know better. Markets are not always efficient. Cheers!

Essentially that's what happens every so often. People do ridiculously stupid things because they panic. I bought Sears bonds in 2008 at 70 cents on the dollar. Not bonds out a year or more...bonds that were out less than 3 months! And at that time, Sears had enough cash on hand alone to cover operations and debt servicing for the entire year! In March of 2020, I bought Biglari Holdings for $49, when book value was over $250. They had ample securities to cover all expenses. People were worried about the pandemic and SNS' debt...even though the debt was non-recourse...it was a dollar trading for 20 cents. No speculation involved! Cheers!

Looks like M is starting to get noticed a bit. Hopefully the market recognizes value. Cheers!

Ah, no incorrect. If I walk by and drop a $20 bill, and you pick it up, you have $20. Nothing to do with quantum mechanics, handicapping or probabilities. Cheers!

No, that's not right at all. If someone offers you a $20 bill for $10, that's not speculation! Cheers!

Jimmy Buffett was sick for a few years. He's also been a Berkshire shareholder for many, many years. I would not be surprised that in the last few years, he may have arranged for the possibility of his demise and how it would affect Margaritaville. Jimmy Buffett knew what a great home Berkshire was for businesses. His family probably has little interest in running the company. It may be that he was doing some succession planning and Berkshire will play a role in that. We shall find out fairly soon! Cheers!