Santayana

Saying that full amount is at risk suggests the possibility of the stock going to $0.

Thanks for sharing. Only 6 exclamation points

To the uninformed he makes it sound like they lost $300 million from operations turning a $1.3 billion investment gain into only $1 billion of net earnings.

He's drinking heavily with Brett Horn. Unless the entire short attack was just a ploy get himself a better entry point to go long!

Interesting, Schwab is no longer showing a Morningstar rating or reports for FRFHF.

Those 10% pullbacks are such gifts.

Gloria was $900M in 1985. I wonder what that would be now.

I don't think they're in a position to take LVMH private. I understand your point, but you can't compare the situation of having full control of a company to what's available by just buying stock.

That's multiple years of earnings for CrowdStrike, will be interesting to see who ends up paying.

Meanwhile Fairfax is at a new high. Will we see the usual Q3 pullback as the season really gets underway?

I know this is the earliest, but there have been other years where early storms have gotten people concerned about a bad season that never manifested. But just the worry of a bad season could lead to some better buying opportunities for Fairfax.

I've been trimming my very overweight Fairfax position a bit as we head into Q3. Seems like there's already been a couple of events that could lead to this being a larger Cat year.

That is not true. You can trade long puts/calls, sell covered calls, and sell cash secured puts without having a margin account.

Added to JOE and NTDOY.

Is this your way of answering the how old are you thread? I got to see him play a couple of times in his later NASL days.