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Everything posted by Parsad
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Politics is the same in most places, and over time if you don't feel angst over it, then you probably gave up a long time ago...no matter which way your political preferences may lie. Cheers!
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Why does he have to act like such a fucking asshole? He tells Kaitlan Collins she doesn't know anything about crypto, I bet Trump knows far less than her. Cheers! https://ca.news.yahoo.com/trump-melts-down-cnn-kaitlan-110406698.html
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Unfortunately, this is on par with the stuff that made Biden look old...not as bad as the debate or fall...but on par with do people really want such an old guy as President?! Cheers! https://www.cnn.com/2025/10/25/world/video/trump-dances-malaysia-asean-digvid
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Hi John, It was actually from "It's a Wonderful Life"..."Remember, no man is a failure who has friends." Cheers!
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No, they aren't truly deranged. I think some have bought into the cult, just like some have bought into the Democratic extremist cult. I just hope all of the people in the middle come to some compromise over time. Cheers!
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Yeah, it was designed as both...not one or the other. Cheers! https://www.colonialwilliamsburg.org/discover/civics/was-the-united-states-founded-as-a-republic-or-a-democracy/
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LOL! Hilarious! Cheers!
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Haryana, the video I put up is the actual recording. It's a damning statement by Reagan on how broad or long-term tariffs can do tremendous harm relative to the amount of good. He has no problem with targeted tariffs alongside negotiations, but the stuff that Trump is pulling is ridiculously dangerous. We already see that global partners while trying to come to terms with the U.S. are actively seeking new global partners to take up the slack and diversify their relationship with the U.S. Where there were once bad relations with China, Russia, South America and other parts of Europe and Asia, everyone is scrambling to repair them and increase foreign trade. Trump's tariffs may work in the short-term, but will do considerable harm if allowed to run for years. Cheers!
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How far the apple has fallen from the tree! Cheers!
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What you guys are talking about has almost zero chance of ever happening. The U.S. doesn't want to annex Canada...what it wants is to scare Canada into securing its resources with the U.S., improving national defense, forcing equal trade, getting more Canadian money into U.S. investments, etc. It's all leverage to make sure the next trade deal between the two countries favors the U.S. Also, if in the worst case scenario, the most unlikely of outlier events were to happen, holding U.S. assets in your Canadian accounts would actually increase in value as Canadian assets drop in value. Again, this is far, far less likely to happen than another GFC. Cheers!
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Also, they will make mistakes from time to time. We know that. I'm not one of those people who will pay anything for Fairfax, but at the same time, my holdings are very long-term and I've put money with them because they aren't going to make it the same way as everyone else. It's a hedge against the majority (main stream market) making dumb decisions, while still making great shareholder returns long-term. Every once in a while they will be wrong on their bet, but they will generally make it up when they are right. C'est la vie! Cheers!
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Their big bet batting ratio on bonds is far better than their big bet batting ratio on equities...thanks to Brian! I'm ok with whatever he thinks makes sense for Fairfax and the insurance liabilities. Cheers!
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Hi All, Something has come across my way in the last month, in which I've signed an LOI to acquire certain assets, and I've set up a General Partner to manage a Limited Partnership that will hold it. The cost is at a distressed price and I've managed to lock it up unless a superior bid comes along in the next 30 days or so. Unfortunately, only Canadian accredited investors can either participate with me in the LP or make a superior offer through the independent broker handling the sale. Due to conflict of interest, I'm happy to provide the contact information for the independent broker so that all offers are vetted by them and the company selling the assets. If you want to participate in the LP...that can be arranged as well, but we have limited slots...about 10 @ $10K and 10 @ $50K...although 3 of the $50K slots are already taken, as are 2 of the $10K slots. I can provide you the LP documents and more details. Either way, if you have any interest, please contact me via personal message or at [email protected] ... again, only Canadian accredited investors. Thanks! Sanjeev
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As I mentioned before, this stuff is just disgusting and smells to high hell! Cheers! https://ca.finance.yahoo.com/news/fox-news-laura-ingraham-scrutinized-014856958.html
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I don't see FFH's CR being any higher than 96% and believe it will be close to 94.5% or so for the 3rd Q. Cheers!
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Also, I don't think most of you know that Quinn McLean, VP at Hamblin-Watsa, is Christine's husband. So the Watsa family is well-represented throughout Fairfax. Cheers!
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If you plan on trading in and out...it might be of concern. If you don't plan on selling for 20+ years...then who cares about the selling. In other words, if you are a long-term shareholder, ignore the short-term noise. Cheers!
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No...because we know whose desk the Epstein files are sitting on...and she ain't about to release them! Cheers!
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https://www.cnn.com/2025/10/20/us/trump-san-francisco-national-guard-legal-battle-hnk Appeals court allows Trump to deploy National Guard in that downward spiraling, cesspool of a city called Portland, Oregon. Tragic what has happened to Portland...they used to have the best brunches in North America and now...well, it's all gone to hell with an invasion of Mexican delicacies and Korean pho. And the food trucks...oh my God...there are food trucks everywhere! The citizens are now fearful of inflatable dinosaurs and frogs roaming the city attacking ICE officials. I remember going to Portland in the good old days...30-40 years ago or so...when there were plenty of jackboot, white supremist groups all over the city and countryside. Oh, how do I yearn for the good old days, when a lone immigrant or minority walked the streets around dinnertime and had the privilege of chewing on some rubber soles as a joyful group of white supremists kicked in their teeth and curb-stomped them to death! I can see how President Trump wants to bring back the good old days! Now, there's just Michelin-star restaurant after Michelin-star restaurant catering to the wild, flannel-shirted, toque-wearing hooligans who call themselves "Foodies"! Most of the male Foodies have unkempt beards and the female Foodies tend to wear long, hipster dresses. Exactly, what they want, no one knows, since they are never satisfied and constantly post pictures of their food in social media to sway voters and instigate riots. Insane what has happened to Portland! Cheers!
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You knew it was coming...Bolton indicted! Is Biden to blame, even though Trump handpicked this guy?! Cheers! https://www.cnn.com/politics/live-news/john-bolton-indictment-10-16-25
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Yeah, but that's the thing...it's both the left and right lumping the LGB population into the TQ++ group. Not sure why it has to be that way. Cheers!
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Fairfax has a good relationship with a lot of people! They are developing the type of reputation that Berkshire Hathaway has when it comes to deals, success, and watching the check clear. And we're only about half way through this story! Cheers!
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You usually see this happening at the end of a cycle. With so much capital flowing, especially in just the last 9-10 months since the new administration came in and the system got so excited, you knew that the financial sector was being juiced due to future expectations. The big banks have more than enough to absorb huge losses in the system, but it is the regional banks that are far more vulnerable due to the concentrated commercial loans they take on. I hope we see a bit of a slow down here...maybe a 20% correction would help valuations as well. But so much investment and capital is coming into the U.S., I don't see any long-term contraction happening any time soon. Cheers!
