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Everything posted by Parsad
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Yeah, not gonna happen. Even if you relegate both Fairfax and Berkshire to the garbage pile, understanding what they've done right and wrong will always be of intrigue to people...especially value investors. It's the very reason why Berkshire is called Berkshire Hathaway...learn from the past. And regarding Fairfax, Prem is now at the same point in time where Berkshire was 30 years ago...1985-2020....Berkshire 1965-2000. Berkshire grew book value at 23.6% annualized from 1965 to 2000, and Fairfax grew book value at 18.5% annualized from 1985 to 2020. To say that Fairfax is a mediocre company is like saying Mike Tyson was a mediocre fighter with a weak chin because he lost to Buster Douglas once! Cheers!
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Carried over. So other than Politics, which won't be saved or archived, the other sections will be essentially the same and carried over. Cheers!
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There will be a whole new site here most likely beginning September 1st. Originally I was aiming for January 1st, but we've moved that timeline up. I guess now would be a good time to address your issues: https://www.cornerofberkshireandfairfax.ca/forum/general-discussion/cobf-new-website/msg422404/#msg422404 Cheers! Sanjeev
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Hi All, The new COBF website is aiming to launch around September 1st. Originally I had set the date for January 1st, but it has been moved up. Depending on the beta tests of the new site, it should be up by then, but there might be a few delays. I thought I would share with you what the new site will be like: - No politics section and no politics on there...period! - The look and design will be more like Microcap Club, but you do not have to submit ideas to be invited as a member - Members who are currently on here, will be automatically transferred over to the new site as "members", including usernames and passwords, and will have access to a similar type of message board...the registration fee for new "members" will remain a one-time fee of $29.95, but it will be USD. - Members can upgrade to "subscriber" for $19.95 USD per month or $199.50 USD per year...subscriber benefits will include: Subscriber Benefits - Access to stock selection competition with cash prizes - Quarterly newsletter with interviews, articles from a handful of selected writers including stock selection ideas - Access to private chat room to hold live online events for invited subscribers - Live vlog interviews with investment managers, writers and myself - Invites to private COBF events, including our Toronto dinner - Access to the job postings section - Access to the future COBF ETF by select COBF members We are in the programming/design stage now. If there are any other ideas or initiatives you would like to see incorporated, please let me know...for members, subscribers or both. Cheers! Sanjeev
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Please leave your politics in the "Politics" section. He's half white and half black. But you've chosen to lower the bar of discussion by pointing out only that he's black. Cheers! Are you insinuating he got a better contract because he was half white? Last I checked you have plenty of people far less than 50% claiming identities...like a certain Massachusetts senator. He got a crazy contract because of his skills. He is what most consider(maybe not Joe Biden) black, and I just think its worth noting that there are definitely certain levels of success available to ALL Americans, which is what the American dream is/was all about. No, I'm saying that race has no part in it and you were making it a discussion about race. Cheers!
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Please leave your politics in the "Politics" section. He's half white and half black. But you've chosen to lower the bar of discussion by pointing out only that he's black. Cheers!
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What a player, what a contract! https://bleacherreport.com/articles/2872613-report-patrick-mahomes-chiefs-agree-to-10-year-contract-through-2031-season?utm_source=cnn.com&utm_medium=referral&utm_campaign=editorial Cheers!
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Four in a whole day, sure ok...but six before noon...wow! Yeah, my eyes would be buggin' out! Although all the La Croix might be flushing the caffeine out of your system, so that might work. The other thing is that I really enjoy my coffee more when I have less...so I actually do savor each cup. My face does light up like a Folger's commercial in the morning. I do switch to a cup of iced coffee during the summer months in the morning, but I still stick to the two cups a day thing. Cheers!
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1 hour every week if I'm ordering online and getting delivered. If I have to go to the store, then it's 1.5-2 hours every week because I'm hitting the grocery store and the drug store. Every two weeks, I go to the country market as well to pickup fresh produce and a few other things...30-40 minutes every two weeks. Other than that, one big shopping trip usually 2-3 weeks before Christmas. Cheers!
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Greg, As you perhaps already know, I'm pretty observant to facts posted here on CoBF, and by all means much-much more observant how those so-called facts are processed and handled. So, to me, you are here just such a low-life cheat fiddling with your numbers that you post here on CoBF, dividing by four, instead of dividing by four-and-something! [ : - D] I hope everything is evolving well over time for your part, and yours! Take care [ : - ) ] [The rest that we're talking about here on CoBF is "just money" [and all that].] In short - now that I actually think about it - there is no capital gain comparable to become a parent again! [ : - ) ] Haha thanks John. Yes, things are well. Just another "period of adjustment" as seems to currently be the norm in the world. I'll do one more day, and then stop posting my daily meals. Just trying to emphasize how it is possible to eat well and cheap. One thing I have found very helpful is that going to the store daily and buying only really what I need for the days meals, greatly cuts back on waste/saves money. Previously, or when I go to Costco, its very easy to fall into a "I'll have some of this, and a bit of that, and oh, throw this in the cart too" mindset. Much of that stuff either goes bad or sits in the pantry collecting dust. Breakfast Eggs Benedict: Eggs 2.49 carton Hollandaise sauce 1.29 packet English muffins 1.50 a sleeve for store brand French toast for kids 2.79 for a box that lasts a week 6 coffees(I drink too much) K cup style 80 ct is $20 Apple juice 2.99 a jug, lasts 2 weeks Lunch Pierogi 3.79 a tray Sautéed Onion 1.99 lb Fish sticks for the kids 2.99 a box (although typically I catch the walleye and wife breads them, so free, unless you want to incorporate all the boating/fishing expenses, which will be an obnoxious add on) Dinner Skate Wings 7.99 lb Asparagus 1.99 a bundle capers 1.79 a jar couscous 1.99 a box pizza bites for the kids 1.99 a bag which lasts 2 meals 6 cups of coffee for breakfast...or do you mean you drink that through the whole day? No headaches, sleeping problems, etc? I have one cup in the morning or afternoon (large mug size), and a decaf cup after dinner (dinner cup size). 6 cups...I'd be wired! Cheers!
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This is so true, most grocery store vegetable/fruits have no flavour here in Canada as well. We try to go to smaller farmer's markets or actual farms to get stuff in the summer. Some vendors at bigger markets just buy wholesale and repackage, but you can taste the difference when you buy from the actual farmers. Quite true for some produce. I tried organic purple and white carrots and I don't think I can go back to grocery store orange carrots...same with tomatoes. Also with eggs...they have to be Omega-3 or free range eggs. I've found those three things in particular taste incredibly different than the cheaper versions. Cheers!
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Even our local Save-on-Foods, which is a chain similar to Albertson, Kroger, etc has ground bison, venison chops and a few other new offerings. Game meat isn't my thing, but interesting that they now carrying it. Cheers!
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Eric did you go vegetarian? I remember you used to raise chickens and would eat fresh chicken. Cheers!
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Hello I am back from three years of backpacking
Parsad replied to Green King's topic in General Discussion
Welcome back! Cheers! -
I see low interest rates and energy prices, and constant prices in streaming, tech, cable, etc, but I see inflation in a number of places...food, home prices, auto prices (contrary to what I expected), restaurants (making up lost income and reduced business), strata/HOA fees, strata insurance, P/C insurance in general. Cheers!
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My last post for a while, hopefully my most valuable.
Parsad replied to valueinvestor's topic in General Discussion
Wonderful post! Please at least stay a lurker. All the best, Sanjeev -
Can you please leave your politics in the "Politics" section! Lincoln County is 99% white...the Lincoln County Commissioners who made the decision are picked by the populace...what does that have to do with left or right? Geez! Cheers!
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It looks like he bought at an average cost of $308 USD roughly or about $420-425 CDN per share. It says he bought in the last few days before the press release...I would imagine it was around the 9th, 10th, 11th and 12th, where the stock was around $425 CDN or less and volumes rose. If he is buying there, then I would imagine he is expecting a return of better than 15% annualized or more over the next few years. Cheers!
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Bill is a friend of mine. But thanks for making it clear who's the real one here. So what if he's your friend? Does that preclude him from being a deuche? Does that make me one for saying so? The reason I had doubts about whether the story was real was his casual attitude about it. His twitter was like I'm loving this guy who promotes risky and irresponsible trades. Ok, Public Service Announcement, kids, the markets are bananas right now. Here's the story about my wife's cousin who killed himself because he lost a lot of money doing risky and irresponsible trades. So be careful out there and stay safe. OK, PSA over. Man, I'm loving this guy that does risky and irresponsible trades. But he's you'r friend. So.... Watch it rb...this is provocation and unnecessary! You've got one warning...now keep it chill. Cheers! So I say nothing about Liberty. I recall some stuff that was posted on the internet and my opinion about it. He doesn't like it because it's about his friend so HE calls ME a deuche. If that's a bannable offence I have committed you don't need the warning. I'll take my ban. Can you guys all just grow up a bit?! If I give you a warning, you shouldn't fire back with some explanation...just take it and say, "My bad!" How old are all of you guys...I'm guessing most are my age or somewhere within +/- 10 years. If you wouldn't say it to someone while having dinner at their home, then don't...that's a good way to view where the line is. And again, this isn't just for you, but for everyone! Cheers!
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If you didn't know when you bought, you might want to figure it out. Cheers!
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Bill is a friend of mine. But thanks for making it clear who's the real one here. So what if he's your friend? Does that preclude him from being a deuche? Does that make me one for saying so? The reason I had doubts about whether the story was real was his casual attitude about it. His twitter was like I'm loving this guy who promotes risky and irresponsible trades. Ok, Public Service Announcement, kids, the markets are bananas right now. Here's the story about my wife's cousin who killed himself because he lost a lot of money doing risky and irresponsible trades. So be careful out there and stay safe. OK, PSA over. Man, I'm loving this guy that does risky and irresponsible trades. But he's you'r friend. So.... Watch it rb...this is provocation and unnecessary! You've got one warning...now keep it chill. Cheers!
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If we're going to ban confederate flags, you should also ban any other flags that might offend people. It's not right to censor one view just because group X gets offended but allow another flag to go even though it offends group Y. That's bullshit. There are plenty of instances of banned flags because of what they represent. Throughout most of the eastern block you cannot display flags with the hammer and sickle for example. In Germany it is illegal to display the Third Reich flag or any nazi symbols. These laws are mainly for a few whackaoos because no organization in their right mind over there would ever display one of these flags or symbols. Keep in mind that these were actually the official country flags for these countries. In some cases for a long period of time and they are banned. The idea of banning the battle flag of a bunch of traitors that started an open insurrection against a country that led to the deadliest war that country has ever experienced isn't that out there. I'm not a fan of the confederate flag but I see no reason why the folks who enjoy that flag should be discriminated against if one is really "tolerant." We're not talking about Germany here. We're talking about the US. Would you be in favor of then, saying banning something like the flag of Japan because we were at war with them at one time and that they bombed Pearl Harbor? Spoken like someone who's never spent any quality time in NW FL or lower AL. It's not a matter of "enjoying" the confederate flag. It's a symbol of racism & those who fly it are making their feelings known. If you doubt what I'm saying, I invite you to visit & I'll take you on a tour of our beautiful beaches. It's a symbol of racism to you. That doesn't mean they see it way. Why be so intolerant? Why remove asbestos? Why not continue using lead pipes? Let's continue serving 40 oz cups of Cola to children. White hoods should be allowed like all Halloween costumes. Chloro-fluoro-carbons should be used again, because the hole in the ozone layer has closed. The world changes, moral standards change, slowly we all become more enlightened! Do you guys still call your female staff or colleagues "sweetie" or "honey"? Cheers!
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If we're going to ban confederate flags, you should also ban any other flags that might offend people. It's not right to censor one view just because group X gets offended but allow another flag to go even though it offends group Y. The confederate flag's connotations go well past the Civil War and part of history. It's seen similarly to the Nazi emblems and flags. A time in history when great atrocities against other human beings were being tolerated and supported. The only place for these flags and emblems are in historical textbooks or movies addressing these historical times. Tattooing the confederate flag on your body should be viewed exactly the same way as tattooing "SS" or "Swastika" symbols on your body. Cheers! Don't you think you're being a little bigoted and not inclusive enough (I'm not calling you a bigot by the way, Sanj, just making a point)? Don't you think that everyone should feel welcome to express their "true" self at Nascar races? Yes, I know the confederate flag doesn't represent your values but it represents theirs. Why is it okay to think that your values should oppress theirs? True tolerance and acceptance means diversity - even if you disagree with it. The confederate flag doesn't have to represent slavery. It could mean southern pride or state's rights. Why is it okay to have a rainbow flag for gay pride but not have a confederate flag for southern pride? Plenty of people like the confederate flag. Is it hurting anyone when it's flown? By the way, as an Indian, I'm sure you know that the swastika isn't really from the Nazis. ;) For whatever it's worth, I don't actually support the confederate flag. I'm just trying to get to a point here about "feelings." Well, you've nailed it on the head actually Paul. The Swastika had nothing to do with the Nazi's, nor the connotation it took on under them. But to so many it has become an affront, a reminder of Nazi Germany, a reminder of millions of people killed under the Nazi's Aryan Nation objective. As such, there is a bigger symbolic reference than what the origins of the symbol intended...so for the most part, it has to go. This is no different around the Confederate flag. Its connotation is greater than the 11 Southern states under the confederacy...it's a reminder of extreme social injustices and inequality...as well as the near-death of a Nation. The confederate flag should actually be offensive to any American living today, not some banner of how great the South was! Cheers!
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If we're going to ban confederate flags, you should also ban any other flags that might offend people. It's not right to censor one view just because group X gets offended but allow another flag to go even though it offends group Y. The confederate flag's connotations go well past the Civil War and part of history. It's seen similarly to the Nazi emblems and flags. A time in history when great atrocities against other human beings were being tolerated and supported. The only place for these flags and emblems are in historical textbooks or movies addressing these historical times. Tattooing the confederate flag on your body should be viewed exactly the same way as tattooing "SS" or "Swastika" symbols on your body. Cheers!
