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Everything posted by Parsad
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It wasn't a press release from Fairfax, but from IIT Madras...which should suggest that this was a personal contribution, not one from Fairfax. Cheers!
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What are you listening to ? (Music thread)
Parsad replied to Spekulatius's topic in General Discussion
The only song I liked by Billie Eilish until this album was the James Bond theme she did a couple of years ago. But this work is fantastic! Mature, the sounds are experimental and elevated, and 3 or 4 of them are on par with great songs of the past 30-40 years...The Greatest, Lunch, and Chihiro are incredible standouts! Cheers! -
I Need a Laugh. Tell me a Joke. Keep em PC.
Parsad replied to doughishere's topic in General Discussion
Funny, but not quite fair. They also were at risk of dying of AIDS in their prime, COVID later took out a bunch of them, and they are spreading STD's like wildfire in old folks homes! Cheers! -
No, not really. Do you want me to ask him and tell him that after all these years, shareholders still doubt his intentions and decision making? I'm pretty sure it was Prem directly and neither Fairfax, nor Sixty-Three Foundation. This research was always important to the Watsa Family, but it's become more important since Vinodh's illness and recovery. Cheers!
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That's wonderful! Pay it forward! Cheers!
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I Need a Laugh. Tell me a Joke. Keep em PC.
Parsad replied to doughishere's topic in General Discussion
Hilarious! Even Hader couldn't stop laughing! Cheers! -
Movies and TV shows (general recommendation thread)
Parsad replied to Liberty's topic in General Discussion
Will probably watch SHOGUN next. Definitely recommend The Old Man...the actors and story were just wonderful! Will be watching the 2nd Season of House of Dragons tonight. Rewatched the 1st Season in the last few weeks to get ready again for tonight. HOD is a fitting prequel to GOT. Never thought I would see a show as good or on par as GOT...well they managed to do it again! Cheers! -
I Need a Laugh. Tell me a Joke. Keep em PC.
Parsad replied to doughishere's topic in General Discussion
https://ca.news.yahoo.com/jerry-seinfeld-goes-town-anti-181723081.html Cheers! -
Movies and TV shows (general recommendation thread)
Parsad replied to Liberty's topic in General Discussion
I'm watching The Old Man with one of my favorite actors of all time...Jeff Bridges. Fantastic show! Also has the great John Lithgow. Didn't know FX came included with my Disney+ in Canada, otherwise I would have watched this a while ago. Cheers! -
Movies and TV shows (general recommendation thread)
Parsad replied to Liberty's topic in General Discussion
+1! I'm also a believer that the Earth is self-regulating. It will make itself less and less habitable for humanity. At some point, if we don't adjust our behavior, a significant portion of the 8B plus people will die from various issues. I think technology can stave off a great deal of that future, but it will also need change in human behavior. Tech won't be able to do it all by itself. That may give humanity enough time to seek out other habitable planets and develop large colonies. But suggesting that climate change doesn't exist is the biggest hoax being perpetrated by people out there! Cheers! -
What are you listening to ? (Music thread)
Parsad replied to Spekulatius's topic in General Discussion
Oh nooooo! Original Simon & Garfunkel is a classic...perfect! Especially while watching The Graduate! Cheers! -
What are you listening to ? (Music thread)
Parsad replied to Spekulatius's topic in General Discussion
That was brilliant! Fantastic vocals, symphonic bursts, and a calacaphony of blazing guitars. Awesome! Cheers! -
What are you listening to ? (Music thread)
Parsad replied to Spekulatius's topic in General Discussion
Highly recommend catching tonight's Late Show With Stephen Colbert. Billie Eilish and her brother Finnegan perform one of the most extraordinary live performances I've ever seen on a talk show or SNL. Her voice is incredible, and the music Finnegan writes puts him up there with some great song writers. I wish I had a clip...probably be on there in the next couple of days. Cheers! -
Outcome of student who worked for Warren Buffett
Parsad replied to schin's topic in Berkshire Hathaway
He's smart! Has commercial real estate bottomed? I don't think so. But you buy when few want to. Cheers! -
How do we know he didn't but a ton of puts at or near the top? Cheers!
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This should totally be illegal...at the very least, the SEC should be able to get sites to monitor or delete this type of stuff or ban accounts/users. This is essentially promoting collusion between parties to move the price of a stock. Roaring Kitty is smart, because he's only showing data...his position, an Uno card, etc. But the above should be illegal. Cheers!
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Fairfax Announces the Passing of Ramaswamy Athappan
Parsad replied to Parsad's topic in Fairfax Financial
Didn't see it posted, but as expected, Gobinath has taken over as CEO of Fairfax Asia after his father's passing. https://www.fairfax.ca/press-releases/personnel-announcement-june-4-2024/ Cheers! -
If it is the guy most people think it is, then the paywall worked, because I have his email address, home address and phone number and his full name! I politely asked if he sent me this. We'll see if I get a response. In terms of the site, I didn't put it together to simply make money off of it or create the ideal forum for investors. The original intent was to create a community for the people I knew in Omaha and other parts of the world who were BRK shareholders...then it grew to add FFH shareholders. From there, it organically grew to what it is. Not necessarily better or worse than before, but an ever changing community not any different than one we all live in. There have been thousands of friendships formed from this site...numerous great ideas that have made people wealthy beyond their dreams...but more importantly than anything else, it is a community...forever changing! Cheers!
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You know, it does sound a lot like that guy! I never deleted his account...is he complaining about his cheap ass friends that he can't bring on to agree with him...or does he want to set up multiple accounts for free to agree with whatever he posts? Cheers!
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Not A Chance ( rlvvchgq@sharklasers.com ) said: Remove the fucking paywall, you imbecile. Besides being an atrocious "investor" (those of us in the know all aware of you blowing up a fund and being god-awful at managing money), it appears you suffer equally in not knowing how to properly manage a business. This forum has lost some of its best contributors and dialogue since you've implemented the paywall. And there are more (and most importantly, superior) alternatives for investment-related content as each day passes....Substack, Twitter, etc... You have absolutely ruined and botched this website with your harebrained, idiotic decisions. A dwindling userbase & the same echo-chamber group of clowns remaining has rendered this forum useless. Parsad, some people in life are just plain losers. They get everything wrong. They lack common sense. They make terrible decisions. They run businesses into the ground. Unfortunately, it appears you are a perpetual LOSER. Signed, Former COBF users The URL the user was on was https://thecobf.com/forum/contact/ Wow! Alot to unpack there. I'm always amazed at how confident these dipshits are when they complain and hide behind anonymous emails. As my friends in New York say, "Go fuck yourself, and your mother!" If you can't afford $49.99 USD to use the site forever, then you are the type of person to talk about Buffett and your convictions, but never actually live by them or execute on them. Lastly, if you ever have the balls to come say this to my face...please do so! I would love to kick your teeth in! Cheers!
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78% of Americans live paycheck to paycheck
Parsad replied to Blake Hampton's topic in General Discussion
There is nothing new in what you said. That's the way it was 20 years ago, 50 years ago, 100 years ago. The fact that today's entrepreneur can access and sell to global markets instantaneously and with far less resources, rather than simply in their community, opens up the sheer size of the market available. And that market will continue to get bigger as more and more people enter the middle class. China, Europe's and North America's massive middle class, combined with burgeoning middle classes in India, South America and eventually Africa, will continue to increase the size of the market. Cheers! -
78% of Americans live paycheck to paycheck
Parsad replied to Blake Hampton's topic in General Discussion
The thread is about a lack of savings...not getting wealthy. There are people in very poor countries with low incomes per capita saving a greater percentage of their income than than North Americans. Savings rates are very indicative of economic output long-term from countries. Cheers! -
Not worth the headache if you can find a reasonable paying job with better life/work balance. You only live once...do you want to spend it making extra money but for an ungrateful boss at the expense of family and friends? I think you made the right decision. Now refocus some of that energy at building your investments to give you the "eff you" freedom that you want. Cheers!
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https://www.fairfax.ca/press-releases/fairfax-announces-the-passing-of-ramaswamy-athappan-2024-05-23/?utm_source=press-release&utm_medium=email&utm_term=Fri+May+24+2024&utm_campaign=Fairfax+Announces+the+Passing+of+Ramaswamy+Athappan Mr. Athappan was a brilliant insurance operator. You owe your thanks to him for Fairfax Asia! He was a very nice man and spoke a few times at our dinner. Condolences to his son Gobinath and his family! Cheers!
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78% of Americans live paycheck to paycheck
Parsad replied to Blake Hampton's topic in General Discussion
There are definitely many legitimate people who do need help out there...both in North America and around the world...including the disaffected and disenfranchised. I'm just saying that there is some truth to many people not taking responsibility for themselves or at least managing their resources better...especially if they are earning at least the average family income or better. Cheers!