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DooDiligence

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Everything posted by DooDiligence

  1. https://www.amazon.com/gp/product/1578644011/ref=ox_sc_act_title_1?smid=A3F9RG8498JSW1&psc=1
  2. https://billmoyers.com/series/joseph-campbell-and-the-power-of-myth-1988/
  3. “I could end the deficit in five minutes,” Buffett said. “You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election.” His proposal, though delivered with a chuckle, carried an undeniable logic – by directly tying lawmakers’ political futures to the nation’s fiscal health, they would have a powerful incentive to rein in spending and balance the budget.
  4. Sold DIS, half taxable / half non ($103ish cost) and consider myself lucky. You can't dream a business into what you want it to be.
  5. I once ran an oil spill response vessel with 3 generators arranged side by side athwartship. Each generator had an e-stop mounted on it. One of the assistant engineers had a rather large caboose and would frequently hit the e-stop on the duty gens as he passed between them. The guy did this at least once a hitch. I made 2 or 3 hitches and transferred to another vessel. Couldn't stand the monotony of doing weather patterns for weeks at a time + the vessel was poorly maintained and the crew were bottom of the barrel. The next vessel (M/V Reedbuck - IMO 9476886) was the polar opposite. It's hit or miss with vessels and crews.
  6. This is the only link I could find with class info for machinery spaces. I was wondering if it was diesel electric but apparently not. No shaft gens are listed either. https://www.scheepvaartwest.be/CMS/index.php/containerships/9676-dali-imo-9697428
  7. Fuel always comes with samples and a certificate of origin. Also, fuel cargo tanks do not feed directly into machinery. Fuel is pumped from cargo tanks and passes through a centrifuge to the "day tanks", which feed fuel to machinery. A competent engineer would catch contaminated fuel (water, debris, fungus, etc.), as it centrifuges out, and would immediately stop filling the day tanks. They went dark ship right before the collision => generators. I've had multiple problems in the past where engineers failed to change generator fuel filters. Fortunately none that resulted in incidents (other than me having to change my underwear). Someone(s) combing through the engineers logs and the vessels electronic maintenance system, which can be very telling on the crew and management. Past inspections and audits and any deficiencies (including no sail items if there are any), will be well documented by the classification authority, flag state and shoreside management (management undergoes regular and extensive record keeping audits just like vessels). Could also have been some nimrod screwing up a generator swap during maintenance (which should have been done at the dock or offshore). I'll bet that investigators already know the cause, or at the very least have strong suspicions. I'm betting on human error in the engine room with a failed e-gen kicker (more poor maintenance and testing). https://gcaptain.com/ship-lost-control-before-hitting-baltimore-bridge/ https://www.theautopian.com/heres-everything-we-know-about-the-container-ship-crash-that-destroyed-the-francis-scott-key-bridge-in-baltimore/
  8. Yoga and calisthenics (regularly), similar results but better for the head. Get's you on a dance floor too (which has other benefits).
  9. As useful as a chocolate teapot. Keep 'em comin' Charlie.
  10. I know, right? I made a thread specifically for this.
  11. but he didn't create a culture of assholes. I made $$$ too.
  12. Anybody ever work for, or invest alongside an asshole (maybe even been an asshole yourself)? I've been an asshole so often it's embarrassing (the internet never forgets). Brent Beshore takes us on a compelling journey through assholery. I know nothing about his investment track record. People are saying asshole avoidance is key. https://www.permanentequity.com/content/our-no-asshole-policy
  13. AFL has been a beautiful business. Started out selling supplemental cancer insurance and got a boost when they introduced policies to people who'd had an atomic bomb dropped on them (kind of a no brainer). Recently bought Argus Dental & Vision and is partnered with Trupanion. Back to the office is giving them more face to face sales opportunities. Shows strong cannibalistic tendencies. I never should've sold. FCF declining. Thanks for the reminder.
  14. Dude just strolls out and wails on Bohemian Rhapsody. I'm learning this song now and it's the most complicated piece I've ever played. If I play it reeeally slow I can get the octave jumps at the top with my LH 2 and RH 5 fingers (if you know, you know). Never mind trying to sing it just yet. FM is a legend.
  15. There's gold being sold on FeeBay! and they do take their slice...
  16. Seconded. He's been a very gracious poster and responder. I've learned a lot.
  17. WRT BNSF, it sounds to me like poor mouthing from Omaha, and as to BHE, hell only a few months ago we were all hailing the dramatic reinvestment opportunities for this business and suddenly it's all gone? BRK specializes in global risk management. I don't buy it, but I will hold through it. He did sound sad though, but not about the businesses. They should install a stripper pole / dunking booth in the office. Nothing like a good wet t-shirt contest to liven up a room.
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