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Parsad

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Everything posted by Parsad

  1. 60 Minutes on commercial real estate...up to 40% drop in value over the next two years...banks are kicking the can down the road instead of writing off non-performing loans. Cheers! https://www.cbsnews.com/news/real-estate-owners-saddled-with-half-empty-offices-as-hybrid-work-continues-60-minutes-transcript/
  2. Everybody's family is a bit different. Buy based on your needs and what lets you sleep at night. Make sure it's relatively comfortable, but a little uncomfortable so that there has to be some sacrifice/compromise/etc by the kids. In other words, select the ideal size and buy a bit smaller than that. Cheers!
  3. Yup! Other than the final 10-15 minute battle scene, the movie really sucked. Even Zack's usually interesting imagery was missing for most of the movie. Cheers!
  4. We'll never know about all of these hypotheticals, since it wasn't ever solely left to them to decide. Cheers!
  5. It wasn't for the British to say! That's the first bloody point. What happened between the Muslims and Hindus should have been left to them. Why do Libertarian nation states continuously stick their noses into other people's businesses when it isn't a security issue, humanitarian crisis and has nothing to do with them?! Cheers!
  6. In both Ireland and India the British didn’t want to partition the country. No, they wanted to control both. In Ireland there likely would have been civil war, partition was a way to avoid it. The causes of a potential civil war in Ireland was because of English control and colonization. In other words, separation from England. In India the Hindu and Muslim leaders didn’t want to united India. So let's blame Jinnah for partition deaths...not British colonization which created the instability after the Mughal Raj fell. Israel is a different story, it was the UN’s partition plan. UN didn't get involved until a couple of decades after the Balfour Declaration of 1917 when Jews were moved into Palestine by the British. Cheers!
  7. Not inconceivable. Vivek Ramaswamy wanted to build a border wall along the Canada/US border...invasion doesn't seem far fetched when you have a nutsack like him in power. Cheers!
  8. I would hope we are more civilized than the Romans, Brits and Vikings when they were plundering and raping. Maybe not from what I'm reading. Cheers!
  9. Notice how millions and millions are killed every where the British drew the lines...Ireland, India, Israel/Gaza, etc. Cheers!
  10. What does that have to do with anything? If the U.S. invaded Canada or the UK, would that be appropriate and ok with you? Cheers!
  11. There were 90 years where India's wealth was plundered by the British before Independence. India's opportunities and politics may have looked very different if they weren't colored by what they experienced over those 90 years...your opportunities in India may have looked different as well. The wealth, power and dominance of the Mughal Empire and its trading system was the whole reason why the British invaded India. Cheers!
  12. Singapore did not thrive due to colonization. It thrived due to the long-term tenure of Lee Kuan Yew who could implement his long-term vision of what the future of his people should look like. Cheers!
  13. That's not the sentiment at all in Canada. Race is not remotely the issue it is in the U.S. other than under the breathes of a handful of disgruntled citizens who would be bitching about something else if it wasn't race. The primary similarity to the U.S. is that some politicians are now trying to jump on the U.S. bandwagon and exploit that paranoia. Cheers!
  14. Sharper, are you that naive. Bonded labor historically was akin to slavery. You were taken from your village/town and moved thousands of miles away to work for a pittance and would never see your village/town again. That's what happened to my great, great grandfather...taken from his village in India to Fiji to work the gold mines and sugar cane fields. Cheers!
  15. Let's not forget partition! Millions killed. Cheers!
  16. Not even remotely true. Biden is essentially a centrist. The inmates these days are running the asylum...be it the extreme left or right. Cheers!
  17. Possibly, but they have huge advantages that my generation and previous generations of immigrant families did not. My niece and nephew will inherit significant wealth...higher education is definitely covered if they choose to go...they are beneficiaries of decades of changes in civil rights and in cultural norms (they can marry whomever they want where caste, race and class are irrelevant)...they have technological advantages that enlighten their global awareness, education and future compared to lesser developed countries where poverty prevents the widespread use of tech...and probably many more that I cannot think of. In general, democratic societies have a built-in mechanism to correct over-corrections. In other words, the change in political parties tends to ensure that the pendulum doesn't swing too far on the progressive or regressive side. Look at the U.S. today...what a effing mess. But that ability to share your ideology, fight for your ideology and even disagree with another's ideology, leads to compromise where the pendulum is kept in check. Just like how Congress keeps compromising and then finally approving a budget every six months. No party gets their way completely! Cheers!
  18. Unfortunately, the reality remains in many cases that it does. There are generations of people whose futures were limited by colonialism and race. While the pendulum may have swung further than past progressives intended, there is no doubt that inequality existed and to a certain degree continues to exist. When my brother, Mom and I visited London last fall, my brother made an interesting observation as we passed Buckingham Palace. This lady that we respect for her responsibility, work ethic and durability...her family essentially dictated the fate of my family and their ancestors going back almost 225 years to India...then subsequently Fiji which was a Commonwealth country...then Canada (the same). This family of royals benefited from the labour of generations of Parsads going back 200 years...yet none of those individuals could vote for her, tell her family to go to hell, nor escape their grips until 1982 when the Canadian Constitution was signed. Cheers!
  19. That's also true of the conservative right...a subgroup went far right and is equally bonkers! Cheers!
  20. https://www.businessinsider.com/you-shouldnt-move-luggage-already-in-overhead-bins-above-seat-2024-1#:~:text=A travel influencer sought to,already in there%2C he says. Sorry, I disagree. Yes, attendants have final say, but the jackass in row 30 should not be putting his 3 carry on bags in the overhead compartment in row 10! Will flying ever become comfortable and decent again? Other than business or first class! Cheers!
  21. Thanks Ulti! I thought I put "Oy" down in the title...didn't notice till you did. Cheers!
  22. https://finance.yahoo.com/news/bill-ackman-wife-accused-plagiarizing-024648968.html Cheers!
  23. Had this over the holidays on some ice...literally from the rink! Good Canadian stuff, eh! https://shop.waynegretzkyestates.com/wayne-gretzky-maple-cream-750ml Way better than Baileys, Kahlua, etc. Cheers!
  24. Their long-term target is 15% ROE...or 15% return on book. If you buy at book, you naturally would then expect a 15% return. Higher than book would be less than 15%. The $170 range is not normalized earnings. It is earnings expected for the next 2-3 years. May be more...may be less in terms of future earnings power. I'm just using Prem's own target of 15% ROE. Cheers!
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