DooDiligence
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Posts posted by DooDiligence
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Halford still has a set of pipes! Looks kind of like he's sitting in a wheelchair here (but he's not).
Too bad he doesn't mention Charlie in the lyrics.
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33 minutes ago, Dinar said:
That's funny, my college suit mate was from Mobile Alabama. Black kid who played the saxophone, although he is 15 years younger than you are.
Terrible place to be from. I remember my parents going to a school/church meeting when a black family was trying to get their kid into Pius. My parents had them over for dinner and the neighbors hated us afterwards because they thought my folks were trying to sell the house to black people (the place was for sale at the time). We moved to Milton, FL around 8th grade. No more futbol until I went to AATC in Ozark, AL (Airframe & Powerplant mechanic training), and another student organized a squad. I'd love to find a good sax player!
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On 5/17/2024 at 9:52 AM, Santayana said:
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.
Yes. I (62yom) went to Catholic school in Mobile, AL when he was still at Man U. Played soccer at St. Pius X and our coach (Fr. Nicolas) was straight from the motherland. I had nun's all the way to the 7th grade and thought most of them were IRA terrorists. I still get nervous when I hear Edelweiss because of the trauma of sister Gertrude's music class. Was an alter boy, love fart jokes and my Dad grew up in the UK. Dribble on brother!
edit: I don't keep up with what's going on in the game now but do catch important matches. Don't care who wins, just enjoy watching the artistry.
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1 hour ago, schin said:
@Sweet - But, are they still spending on girls, drugs, and drink.. If so.... They are living their dream!
George Best enters the conversation.
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Bought a 1% position in JACK yesterday. Watched it pop this morning and regretted not buying more. Checked back in this afternoon and doubled up.
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4 minutes ago, Hektor said:
https://www.wsj.com/finance/stocks/is-roaring-kitty-the-internets-warren-buffett-b31d63bc
Is Roaring Kitty the Internet’s Warren Buffett?
"Perhaps Roaring Kitty is now part of a select cadre of elite active investors so highly regarded that whatever targets they choose tend to trade at higher valuations. This is sometimes known as the “Einhorn effect”: Whenever Greenlight Capital founder David Einhorn bet for or against a stock, his views had a persistent impact on its price. The legendary Warren Buffett appears to have a similar influence. "
"Roaring Kitty has been posting a barrage of memes and clips from movies, including one featuring Marvel supervillain Thanos. With the amateur trading subculture as strong as ever, these cryptic messages may well play the role of the letters that Buffett sends annually to the shareholders of Berkshire Hathaway, which are analyzed and parsed for every bit of investment wisdom. "
ng
I got lucky going long GMCR when Einhorn was short. Made a killing when KO invested (seemed like an idiotic move for them).
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2 hours ago, Charlie said:
Buffett said at the annual meeting, that the iPhone is maybe the greatest product of all time.
y
Now I´m thinking about my buying my first iPhone.
Do you think Buffett did marketing the iPhone or is the iPhone really that great?
I don't believe he had any effect on iPhone sales but did produce a halo around the equity. I also believe the greatness of the iPhone is not so much due the hardware but in how well it integrates with the entire ecosphere.
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Here's an easy one.
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On 5/10/2024 at 12:07 PM, gfp said:
I never post on this thread but I will today. I am buying JACK shares here at $1 Billion market cap with all of the negativity surrounding the California fast food minimum wage law and challenging times for restaurants in general (and a horrible chart breaking down to new lows). I actually think Darrin Harris is a very good manager and JACK is back to their share-retirement ways (the long term record of share retirement is very good, it was paused for a bit following the Del Taco acquisition). Refranchising company owned restaurants frees up capital for share repurchases. I would hope they increase repurchases, but even at the recent $25 million per quarter you can take out 10% of shares a year and pay your 3.3% dividend on top of that. Earnings are next week. Similar negativity resulted in a short-covering freak out in El Pollo Loco recently, which has an even heavier weighting to California.
I own Dominos and am hesitant to even look at anything else in QSR but I'm all ears, thanks.
I like their salty advertising. Anyone eat there? Comments?
In the early stages of a big investment in POS to integrate with 3P's, and automation technology for productivity. Growing digital sales. Comma's are not important. Making money for franchisees is. Speaking of which, with the franchisee problems settled, management expects 4% unit growth to 2025 and wants to be open in 40 states by 2030. We might even get one here.
https://www.fox35orlando.com/news/jack-in-the-box-orlando#
Also, franchisee's are onboard with re-imaging programs. Echoes of Wendy's. More capital investment going into Jack In the Box than DelTaco (remains to be seen how DT turns out).
Buybacks! Been on a slide since 2021 with a few nice bumps. Maybe time for a more consistent and forceful change in price direction? Give me a lever and I will sell you a billion frozen tacos.
[I sourced Zacks for some of this]
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On 5/10/2024 at 11:48 AM, ValueArb said:
When I was 57 I had surgery to compensate for a torn tendon in my right ankle and caused it to deteriorate over 30 years, giving me plantar fasciitis and pronating enough to make it impossible to run any more.
When I was 58 I had my left hip replaced, probably because it wore heavily due to the asymmetry caused by that missing tendon.
When I was 59 I was 40 lbs over weight because of a decade of poor diet, combined with increasing sedentary lifestyle from work, divorce, and that bad ankle. I sometimes found myself wheezing when I walked, which was incredibly scary during COVID, and unfathomable to me given I was a college athlete (practice dummy) on a national championship wrestling team, rode as much as a hundred miles a day in the off season, and after college ran 40 miles a month, half marathons, etc until my late 40s.
Today I'm 60 and have to take THC edibles to sleep through the night because of the pain of a (presumably) torn rotator cuff in my shoulder. But I've lost 33 lbs doing hot yoga almost every day for the last 15 months, along with some improvements to my diet. And I got on a weight lifting program this year (along with TRT) which has increased my muscle mass noticeably, even though every morning I wake up with an aching shoulder, and I have to skip some exercises (haven't bench pressed in months) because of the pain. I have an MRI next week, hoping there is an easy arthroscopic fix because shoulder replacement is way harder and rehab takes far longer than hip replacement.
The lesson I wished I had learned before this is that I can't get back all those days I woke up healthy and skipped my run or workout, and ate whatever I wanted. Instead I was forced to put myself through incredibly hard workouts and food choices for over a year just to get back close (but not there) to where my health should have been naturally. Maintenance is so much easier than undoing a decade of bad choices. So my advice to others is, don't take health for granted. Every day I'm grateful that I'm still healthy enough and the pain is not so great that I can still push through it enough to slowly improve my fitness, even if its nowhere near as easy or fast as it was when I was younger.
One of my yoga buddies and me talked about the need to stay ahead of the curve, and how Charlie Munger proactively moved to walkers/wheelchairs to avoid the falls that commonly rapidly accelerate our declines in our last years of life. I am witnessing what can happen in stark terms today. Our best dog ever who would turn 12 this summer and was so active and energetic that people thought she was half her age. Three weeks ago she yelped from pain jumping out of the car and it started a downward spiral to where now her back legs are so weak she needs my help to stand, and all she can do is rest all day. I'm in $2,500 into tests and x-rays without a clear diagnoses or treatment plan for recovery, and on the cusp of the decision whether to put her down or not today.
So my advice to everyone is, stay active even if you don't feel like it. Find something you like, or can tolerate, enough to do regularly. If you can't/won't run, then swim or bike or go to fitness classes, or take up weight lifting. Or just go for long walks or take up hiking. Podcasts can make long workouts more tolerable, but they are also useful times to meditate on your day and your life and think more deeply and clearly. Find and create your own healthy habits that can last you a lifetime so when the inevitable setbacks occur, your body is stronger and more ready to help you recover from them. Because it's the setback we can't recover from that is often the cause of our end.
Nothing like yoga to teach you what you can and can't do, as well as how to restrain yourself from going deep into what you shouldn't. Learning to breathe into the daily motions of life, outside the classroom, has been a mini-epiphany for me. I made a New Years resolution (when I started yoga), to stop grunting whenever I get in and out of a chair, the truck, whatever. I now find that when I drop something (and I do it more frequently with age), I look at it as an opportunity to stretch (and there's no grunting). A little mindfulness goes a long ways.
A handful of us get to the Y 20 or 30 minutes before classes and we've never discussed politics (seriously, never in nearly 6 months). I have no idea how any of my yoga buddies and buddiette's vote and they don't know my choices either. We all like each other nonetheless.
On another subject, I really enjoy your writing / thoughts on businesses and other stuff.
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Sad but the Clayton discussion kind of evens it out. I wonder if BHHS wouldn't be better off under the Clayton umbrella? Probably a stupid idea.
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2 hours ago, Cigarbutt said:
The contrarian in me says to look for mitigating factors.
The following is from the UK but is representative of what's going on in the US, Belgium and other 'developed' nations:
i will leave you with the following questions though (chicken/egg type of dilemma):
-Are married/partnership people more likely to be happy?
-Are happier people more likely to be married/partners?
or is that chart upside down?
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Probably already been mentioned but...
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16 minutes ago, Spekulatius said:
He is already in the grave. Can’t dance any more. Maybe he can turn around in his coffin.
Somebody's guarding a bunch of cash over there.
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8 hours ago, fareastwarriors said:
Time for a grave dancer to step in.
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1 hour ago, Gamecock-YT said:
Citigroup
Stop it. You're getting me excited.
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6 hours ago, gfp said:
If you are like me and were curious after hearing Devon Spurgeon's question, asked through Becky near the end of the meeting, that referenced the Codicils of Charlie's Will as filed with L.A. County - I decided to go download them and am posting them here. These are public record, nothing creepy. Charlie knew these would be public.
O89305673.pdf 1.35 MB · 69 downloads O89305672.pdf 576.13 kB · 48 downloads O89305671.pdf 524.2 kB · 45 downloads
"Averaged out, my long life has been a favored one, made better by duty imposed by family tradition requiring righteousness and service. Therefore I follow an old practice that I wish was more common now: inserting an ethical bequest that gives priority not to property but to transmission of this duty. I ask that my children and their children carry on our family tradition and pass it, undiminished, to our common posterity."
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On 5/3/2024 at 6:25 PM, KPO said:
One catalyst for a quasi-breakup may be centered around limiting liabilities. Some of the subsidiaries, like BHE, aren’t wholly owned, so it would be unusual to go after a shareholder in a case like this. I’m not saying it can’t happen, because anything is possible, but modesty reducing ownership in subsidiaries like BNSF could be good financial and risk management in the future.
Tracker(s)? or would that not be WEB's style. Do trackers separate liability from the parent?
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Both barrels loaded.
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Same as above but ADR.
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On 4/27/2024 at 2:41 PM, gfp said:
did that article ever mention that it is unlikely that Warren Buffett was the one who actually bought the MKL stock? It was a lot of words without saying much so I couldn’t read it all.I did add an "albeit repetitive"
but my point was that it seems like a fair-ish AI generated bit of Berkshire content. Agreed, it could have said the same thing in just a few paragraphs. How do you get these AI's to understand that brevity is the soul of everything?
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Sorry for spamming things up here but would this be reasonably accurate (albeit a bit repetitive)?
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OK, which one of you did this? Because it's friggin' brilliant. Not sure how I feel about the bare bones presentation layer, but the (quasi-AI generated) content is compelling.
Sample: https://brk-b.com/bloomstran-s-tip-insights-for-berkshire-hathaway-2024_240423.html
Sample: https://brk-b.com/farmland-berkshire-hathaway-to-align-with-buffets-vision_240420.html
Sample: https://brk-b.com/the-hartford-berkshire-s-next-strategic-move_240331.html
Disclaimer: Images on this page are largely generated by artificial intelligence. They are not actual fotos and may not be confused with real people, although they might look very familiar.
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Also, check out the photonics101.com link at the bottom,
+ links to platform tools.
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Right there with ya. She's stunning.
78% of Americans live paycheck to paycheck
in General Discussion
Posted
Nice. I'm going to see these guys in Birmingham tomorrow.