Parsad

The major political threads have been merged into this one "Political Posts" thread. If you have anything remotely political to discuss...use this thread. If you do not like the idea of a "Political" thread, too bad, because the alternative is a site run amok. Anyone posting political posts outside of this thread will get an automatic 48 hour ban. With each ban, the time banned will double. Anyone posting targeted posts that attack another individual will also get automatic bans with the same durations. Ok to reply to another individual, but any denigration of another poster...or COBF for that matter...automatic ban. I would advise posters to think about what they are saying before pressing "Submit Reply". I suspect there will be many bans in the first couple of months as people get used to this...on both sides of the political spectrum. Keep it civil...no problems! I won't be wasting time considering the contributions of members before banning. You break the rules, you get a ban. Cheers!

I called Trump a fat fucker...that's it. Didn't say anything about "cheeseburger eating obese Americans".

It's funny how you guys paint the site as "crying" when you guys generally start these political threads, as well as the targeted shots. I mean was anyone asking to hear "Cash and Crying Corner"? Maybe I should actually start purging the site...no different than Trump. I get a shitload of complaints...then I get a shitload of comments about what the site has become...usually from the same bunch of guys who post the detrimental stuff. PCOB...Purge Corner of Berkshire! Coming soon! Cheers!

The point of this? Aren't you guys crying every time DIS sticks some "woke" (whatever the hell that is) idea into an old classic? I mean look at the shit that you guys have been crying about for years. Boycott BUD...boycott TGT...boycott DIS...boycott Harvard...boycott Columbia...the list goes on and on. Talk about crying! Cheers!

Maybe...at the same time, his older brother Fred was addicted to and died from alcohol, and Trump did try to help him at times. But Trump being Trump, he's never missed an opportunity even if it's at the expense of his family. Cheers!

I have no problem with free speech being demonstrated by citizens...be it in school or elsewhere. I have a problem with non-citizens muck-raking and pushing their agenda...be it in school or elsewhere. So if it is American citizen students protesting...all for it, whether I agree or not. Whether it's something against blacks or Indians wouldn't matter. I'd also like to note that I've been pretty clear that I've supported and continue to support Israel because of October 7th. I don't agree with them and the U.S. turning Gaza into a resort though! Cheers!

I suspect also to continue weakening the dollar to drive more resettlement of manufacturing plants and increased exports. Cheers!

Funny thing is, prices are down because of reduced consumption from the tariffs and by keeping interest rates where they were. What the hell does he need lower interest rates for right now if Powell is focused on keeping inflation at 2%. Interest rates should only be reduced if growth is slowing and the country might drop into recession. Cheers!

https://www.theguardian.com/news/2018/mar/02/the-unwelcome-revival-of-race-science Cheers!

Steph Curry is half black and half white. Wembayana is also. They dominate the league. Are you going to say that their black half is what allows them to do so? The world (and people in general) are a lot more complicated than just their genetic makeup. And standardized tests to measure intelligence have been proven to be inefficient in deciding a person's fate or outcome. I just can't believe that people still believe this crap! Cheers!

Where?

Yeah, that's what I thought you meant. That's a very fucked up argument. That's what the British used to say about Indians, Chinese and Blacks.

The tax system taxes citizens based on what is believed to be fair contributions based on income. Just like every individual is allowed a vote in an election. no individual gets more or less votes based on the level of tax they pay. So if the tax system is fair (and that can be argued either way), then the populace should have equal access to the same non-profit institutions based on proportionate representation. Cheers!

Do you want to clarify what you mean by this?

The discrepancy is primarily due to cost and availability of preparatory courses for underprivileged students when writing the specialized entry test. Same reason Mohnish created Dakshana in India. Those same students at Dakshana now have the highest entry scores and percentage entry into the IIT's. Before Dakshana, they would never have been able to get that same education as privileged families. https://www.wnyc.org/story/black-alumni-stuyvesant-reflect/ Cheers!

Taxpayer money comes from the diverse base of taxpayers. They should be represented. If the seats are not represented then you need to make adjustments to ensure that every group has proportionate access. Cheers!

You think Don Jr got into Wharton, Eric into Georgetown, Ivanka into Penn and Barron into NYU solely on merit? Money and power had nothing to do with it? Geez! Cheers!

I created an endowment at Simon Fraser University in the Chemistry department in my father's name. I told the university that part of the consideration for the award is community contribution, rather than solely academic success. My father as an immigrant arriving in Canada in 1964, ended up contributing considerably to the Indian community in Vancouver with the creation of numerous cultural and community centers. Was my stipulation racist or discriminatory? You could argue yes, if it affected access to students who had stellar academic results but did nothing in their community or as volunteers. Trump is arguing that. And the fact that you agree with him, is incredibly sad for some of the best post-secondary institutions in the world. There are other ways to fight dumb administrators than defunding your strongest institutions! Trump is the fucking joke who is doing so. Cheers!

I think you have to look at the sectors getting hit the hardest...tech, restaurants and retail. They've all been battered around for months for various reasons, but I think they are getting quite cheap in some cases. Find the best quality of those three, with ample working capital, manageable or low debt, or excellent liquidation value. I haven't checked the corporate fixed income market for those sectors, but I would imagine you are probably starting to see good drops in retail and restaurant company debt. Might be a better way to get exposure, but secured by the assets. Cheers!

Didn't say they should be fully invested...just that the average investor doesn't have the same risks as FFH or BRK. I've had this exact conversation with tens of posters over the last 25 years...each time, they were wrong. Cheers!

It's not a show...look at what he's doing to the U.S. universities right now because he disagrees with their right to freedom of speech. U.S. universities are some of the best in the world...he's going to hobble them because he doesn't like what some of the administration allows on campus. This is petty...stupid...him just being an asshole! No longer playing the asshole, but really being one at the expense of others. Cheers!

Volunteering...not unlike yourself. It's ok to criticize Luke, you could just do it with more thought and panache. I don't understand why people are so sure they are correct...on either side. I think if you are thinking critically, then take on each issue and how it is being dealt with. And I think critics of Trump, me included, feel that the faithful are willing to ignore the methods because of the problems...while the critical are ignoring the problems and focusing on the methods. Cheers!

I hope Trump changes the Constitution to allow 3 terms. That way Obama can kick his fat ass out of office in 2028! Cheers!

This is too simplistic and caters to the MAGA faithful! If he's a loser, he's fucking winning in the most important areas. Name a felon who has gotten away with more than this guy in the last 150 years? No one! Al Capone got nailed on tax evasion, Trump walks around as the most powerful man in the world after tax evasion and a host of other illegal and unconstitutional acts. This type of stuff will not get rid of him or reduce the trust the MAGA faithful have in him. Liberals/Democrats have to do a hell of a lot better than just calling him a loser. Cheers!

Maybe Luke will be a change agent! You have no prescience on whether he will or not. I remember a conversation with Ajit Jain back in 2003 in Omaha. I was in a t-shirt and jeans, looked like a young guy who must work at the local Starbucks. Around me was a bunch of Wall Street yahoos in their expensive suits, slicked back hair, and I'm sure excellent pedigrees in both their ancestry and education. I asked Ajit about Fairfax and what he thought. I said I know you know Prem, and Fairfax is facing a challenging time. One of the suits, probably one of the burgeoning leaders you imagine work for Trump, barked out "Yeah, isn't he the guy in insurance who got himself into a lot of trouble!" Ajit barked back "Is he in trouble or getting out of trouble?!" The guy shut up! Ajit spent the next 10 minutes talking to me. He had no time for the moron who interjected himself. I thanked Ajit, and every time I met him through the years after that, he was always very cordial to me and had time to talk. Although I was usually in a suit on all those other occasions as I had made decisions where my career trajectory had changed. Ajit would not have embarrassed someone like Zelensky, especially if he invited him to his office. That's just not his leadership style. But he also wouldn't hesitate to put a moron in his place. Cheers!