Santayana

It's quite a leap to say that because you saw someone use a check for a particular purchase that they've never adopted credit/debit cards for any other use. I have customers ask to pay with check at my business all the time, and when I tell them we don't take checks, all of them are then able to pull out a credit card and use it.

Apparently it can...

Closing out Tesla puts. It can't keep going straight down. Can it?

Maybe he can get Trump to take the CEO job.

It was a first edition of Interaction of Color by Josef Albers, the limited edition with the color plates. We sold it to an art museum in Paris. This was a while back, we sold it for $6,000. Now on ABE I see it going for $12k and up.

One of the highlights of my career as a bookseller was having one of my sales make this list.

As a bookstore owner who also sells on Amazon, I would say to go to your order page and file for a return using the reason "inaccurate website description". If the item was on a book catalog page, their text telling you that it was a notebook is irrelevant That seller is committing fraud, plain and simple. Amazon will make you whole including return shipping at the seller's expense.

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Seems like that is an industry problem rather than a Fairfax specific problem, and would just lead to extending the hard market for a longer period of time.

FRFHF - Seems like a gift of a quick 5%.

Reading this while having a Negroni using the Carpano. Will have to try the Del Professore, I don't think I've seen that before. In general one of my favorite cocktails as it's so easy with the 1:1:1 ratio. On the Margarita front, the 2 parts Tequila to 1 part each of Triple Sec and fresh lime is nearly perfect. If you're looking for a bit more complexity, try adding a dash of salt directly to the drink before shaking.

What's really nice about the way the yield curve is moving is that they don't need to add a ton of duration to substantially increase the rates over what they've been getting the past couple of years.

Best Elf reference ever!

I'm seeing something similar in my Schwab account. Some cash has been received, but the shares are still on the books so the total account balance is doing some double counting. Should get squared away pretty soon here.

There's a slew of entries relating to this in my US Schwab account, including the "untendering" of 10% of what I tendered, but one of them has a security description with "pendingdeemeddividend" in the name.

If that happens, I think it will be a very short lived trip back down to that range as Q4 earnings are likely going to give a substantial boost to book value.

Might not be a direct economic gain, but those things may very well lead to an improved P/B multiple.

Really happy to be getting the $500 on the shares I tendered. What held me back from tendering more is the delay in receiving the cash. The way Fairfax tends to move in big jumps, it wouldn't shock me if we get a !0% pop and have the shares trading over $500 by the time everything settles.

Did everyone get notified of the auction through their broker? I received a notification and instructions via Schwab, but a friend who only owns a few shares through JPM says they never heard anything about it until I told them.

It seemed like that transaction was so well telegraphed that anyone who thought they weren't getting enough could have just bought the calls to get a bigger payday. As I recall the premium on the calls was very low given the combination of ORH's own prospects and the likelihood of the buyout.

They started it at $5/share, raised it to $10 within a couple years, and yes have paid that every year since.

Shares responding nicely, without the the usual 2 day delay. I think the market had fears of bigger cat losses, really the only explanation of the big price drop in September.

What exactly is "non-standard" or not "normalized" about their dividend policy?

Talk about bad timing on that insider sale last week.

By the time they report Q3, my guess is that Digit will be worth more than the valuation they're putting on it right now.