Dalal.Holdings

“If something cannot go on forever, it will stop.”

His mechanism was an effective huge tariff on imports that would have immediately resulted in elimination of Trade deficit. It would have been massively more disruptive Your "local market" analogy is irrelevant and deserves no further mention.

I find it very funny that everyone operates under the premise that these Tariffs are long term bad for America. Of course, everyone is letting short term market movements drive their emotions which corrupt their reasoning. Here's what Buffett said about America's trade deficit, when it was much much smaller than it is today:

Russia could not establish air superiority after over 3 years in a country without a real functional air force. They've lost ships to a country without a functioning Navy. The SU-57 seems to be a 5th gen fighter in name only. Anyone who buys their military hardware will get what they deserve.

Jost posted a pretty positive outlook today...

Any nation that chooses to buy Russian military hardware after the live demonstration in Ukraine deserves what they get

If you see your fellow jobless peers get checks in the mail for saying they suffer from anxiety & depression, it makes it harder to want to go to work to better your society...so you too can claim "anxiety" and get a check

https://www.telegraph.co.uk/business/2024/12/17/half-a-million-claiming-disability-benefits-anxiety/#comment

https://www.lbc.co.uk/news/uk/four-in-ten-gen-zs-consider-quitting-work/ Insanity. Britain (and many other Euro countries) need welfare reform. Even Labour is talking about it

Unlike U.S. FTTH/cable companies, this thing doesn’t have crushing debt overhang. It’s also growing pretty fast. This thing would sport a much richer valuation in the U.S.

Recent results look good

Looks like they have nice returns. I am sure they will do well. I am right now going towards defense/infrastructure in Europe. EU/UK planning nice spending packages and galvanized into forming a real defense apparatus for the first time since WW2...I think it is a seismic, historical change that will reverberate for decades. You have already seen massive moves in defense names. Germany in particular looks insane (if the Greens don't hold it up which in the end I think will not happen) if you consider the sums mentioned nearing 1 trillion Euros while Germany's GDP is 4 Trillion....and Germany has the fiscal space to make it happen. Germany has been in stagnation due to a crazy debt brake/austerity spell that is ending and ending quickly. I think it's likely Germany becomes the lead defender of continental Europe at the end of all of this

It’s going to take a lot of lessons for the dip buyers to learn. Ya’ll tempted the bear with Mag 7, MSTR, crypto and now the bear will show no mercy. It got so crazy that Europeans and Asians were pouring their money into overpriced U.S. equities and other garbage…

I recently added Jost Werke thanks for the idea @Spekulatius

The numbers being thrown around Berlin for spending are astronomical relative to Germany’s 4 Trillion Euro GDP Seems to me like a certain political change in the U.S. is leaving Europe no choice but to change. But I will leave politics out of it and continue to shift more across the Atlantic

Merz is all in on Keynes. I bought a bunch of European stocks during my ban

https://www.economist.com/europe/2025/02/10/germanys-business-model-is-gone-warns-friedrich-merz Some encouraging signs

https://www.newsweek.com/donald-trump-approval-rating-world-leaders-2027934 Western Europe leaders (except Switzerland) can be found at the bottom:

The NGO racket in the EU must be deep

https://www.ft.com/content/fba6b27a-3a72-4451-8c75-ea8533c62681#comments-anchor The two people who are among those who bear the most responsibility for where the EU is today now claim that their "compass" will lead the continent out of its funk... The most popular comment below the article:

https://www.pbs.org/newshour/world/high-tech-sea-drones-used-to-sink-another-russian-warship-in-the-black-sea-ukraine-claims Not just air, but sea too.

You are already seeing the future of warfare to some extent in Ukraine. Lots of drones, even with some autonomous piloting. I don't think the wars of the future look like the wars of the past. Elon might not be far off...

Not sure about this sector...defense seems to be ripe for disruption. Looking to invest in tomorrow's winners over yesterday's winners

This might be a sign capital is leaving crypto broadly and Bitcoin is just the last holdout...

This doesn't sound very good...