DooDiligence

Thanks John! I am alive and well and reading music written on traditional manuscript paper took less time to learn than I thought. (Working through some waltzes right now, and finding out that I'm not super crazy about waltzes.) Back on topic: I'll be going with my fellow PSC guitar majors to the Guitar Foundation of America (GFA) competition in Louisiville, KY this coming June. http://www.guitarfoundation.org Kenny Hill of Hill Guitar (from the article this thread is about) will be there along with a lot of other luthiers. Their Chinese made Estudio model is my favorite instrument and gets more play time than any other. I'm also looking forward to meeting some of the guys from Godin. They made my La Patrie Etude, which is my 2nd favorite (a very nice Canadian made classical guitar.) I like that it uses a non-traditional tone wood (Wild Cherry) for the back & sides (laminate) & has a solid Canadian cedar top. They claim to produce these by hand (anyone live near them in Quebec?) http://www.godinguitars.com http://www.lapatrieguitars.com The GFA competition is a great chance for anyone who's interested in trying out a lot of different instruments without having to drive all over hell's half acre to do it (not that driving all over hells half acre wouldn't be fun, because it would, but all in one place is nice too.) --- As an aside, I've been posting less because I've been busy as shit with school but even more importantly, I noticed that I have a higher post count than many here who contribute wayyy more to financial discussions (globalfinancepartners for one) and I need to slow it down & start listening to my betters a bit more.

McDonalds had a great burger when I was 5. It's all about the Egg McMuffin for me. Coffee's not to bad either.

Well, at least you have bragging rights, right? Or is it worse to be right but have made almost no money than not to have invested at all..? :-\ Nah. I'm happy I invested. I'm happy to have made some money. And I'm happy to tell people that I have a legit 30x bagger. 8) It's like that 70 year old who had sex with 20 year hottie told the priest at confession: "Telling you? I'm telling everyone!" 8) ;D Additional disclosure: it's dinner-tab sized because I sold a bunch at 2x and 10x and whatever... Well at least it's not like AAPL/ARMH(Y)/GOOGL/FB/Hansen(Monster) where I sold everything at minor percentage gains or even losses at various times. Congrats, to the 70 year old (and to you for enjoying your gains.) Oh, and more BRK & CHTR (BTFD!)

I am positive on DIS, but I don’t think that DIS streaming channels will be much of a competition for Netflix. Netflix offers you a tremendous amount of content to watch for $10/month whenever and however you like. DIS will offer you some of their content, as well as sports (via ESPN) in segmented plans (I suppose). It will be a much narrower and spezialized offering. I don't see it as an either or. It seems more like when Lowes & Home Depot or WalMart & Target build right next to each other. I think both Netflix & Disney will co-dominate with Amazon, Sling, Roku & such squabbling for the offal. I believe that GOOG might become a strong player eventually. I also think that AMZN should not be underestimated, since it isn’t a separate offering, but there are over 100M prime members and it is a strong part of their Prime Suite offerings. I use AMZN prime video quite a bit and found it good enough to to cancel Netflix as I found more than enough stuff to watch there. DIS has to prove themselves in streaming and it is a high stake game for them. Those that cant make the jump from cable to streaming might be forgotten altogether within 10 years just like Blockbuster Video is forgotten. True.

I am positive on DIS, but I don’t think that DIS streaming channels will be much of a competition for Netflix. Netflix offers you a tremendous amount of content to watch for $10/month whenever and however you like. DIS will offer you some of their content, as well as sports (via ESPN) in segmented plans (I suppose). It will be a much narrower and spezialized offering. I don't see it as an either or. It seems more like when Lowes & Home Depot or WalMart & Target build right next to each other. I think both Netflix & Disney will co-dominate with Amazon, Sling, Roku & such squabbling for the offal.

My Mom always told me "if you can't say anything nice about someone, short their equity." Actually, she hasn't got a clue as to what a short is & I can say with 99.99% confidence that I will never short anything, ever. (not qualified to do so.)

Berkshire now sells the Berkshires. http://www.wlns.com/ap-top-news/barnbrook-realty-joins-berkshire-hathaway-homeservices/1142503557 http://www.barnbrookrealty.com I can't find anything on how many agents, etc. these guys add. I'm guessing that Kirby, White and crew are like the Blumkins of RE.

Hard to imagine the folks at Berkshire haven't been doing their DD on this. The existing solution is Everledger , it has been around for some time, & it is backed by bigger/better? players. http://tech.eu/brief/everledger-funding/ The real money here is in using the blockchain provenance to sell the jewel at a much higher price. It also will not hurt if a famous celebrity was (proveably) the diamonds owner at some prior point, certification is limited to diamonds > $1M, & costs 10K/pop. If sir has to ask the price .... may be recommend our cousins down the street. The real market isn't diamonds either. It's the more numerous high-end coloured stones, and the old master artworks. Perhaps why an auction house is the partner? SD That's a great idea.

Thanks, I kind of do too. Charter just seems to fit alongside Disney (edit: and SoftBank.) Thanks to Cable Cowboys, and of course thanks to Liberty.

And Jeff makes 3 (people buying Charter, that is...)

https://www.bizjournals.com/newyork/news/2018/04/26/ibm-berkshire-want-blockchain-for-jewel-sourcing.html

https://www.bizjournals.com/newyork/news/2018/04/26/ibm-berkshire-want-blockchain-for-jewel-sourcing.html

Why? Curious, myself. BTFD ;D

You are truly fortunate...

Nice! One nit to pick; how the heck did Atlas Shrugged get on this list (and how did it get ABOVE Gramm & Porter?) OK, granted, Porter was only slightly less boring than Rand but... ??? ;)

I hope someone asks Kapoor why the "Stock Favorites" link produces 15 companies one day & 615 the next & 115 the next, while the majority of them have zero analysis to go along with their 5 star ratings (and volatility isn't the correct answer.) Maybe I'm missing something; is he just flashing ideas at us?

"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent." Chuck

I went to Vegas years ago to exhibit at JCK & expected something similar to what you imagined, and found it to be cheap & garish. Also, used to stop by Biloxi now & then to give them a few hundos. Last time I went to the IP & while sitting in front of a slot machine, I just felt stupid. It was not fun in any sense of the word. I do, however, enjoy the way the waitresses "lift & separate" to take full advantage of what they don't necessarily have (this, plus the free buffet, barely comes close to compensating for the loss of cash.) I doubt if I'll ever go into a casino again. WEB's rule #1 - Don't lose money! WEB's rule #2 - Duh

Here's why Warren Buffett vetoed the original color of the $BRK latest annual report & Realtor Bill Cote disses WEB's CA home saying, “It’s dreadfully overpriced. If you said it was Bette Midler’s house, it might have some cachet.” Bette Midler, REALLY? http://www.omaha.com/money/buffett/why-warren-buffett-vetoed-the-color-of-the-cover-for/article_4ce65a51-df34-570f-a672-91910030f7ca.html

I think the taxicab model is just a path to an autonomous model. Tie ins with insurance could add incrementally? https://www.bloomberg.com/gadfly/articles/2018-02-12/softbank-billionaire-bets-on-a-world-without-car-crashes In the short run, the IPO should be profitable for some (Masa being one.)

I too am with Fidelity and it comes to me without me asking for it. I think within the next two weeks? The postcards have a deadline to send in, think end March or first week April to allow enough processing time for the staff of 24 @ Omaha. That must be a ritual for them that they enjoy. Surely they appreciate the fact that 50,000 show up versus the estimated million shareholders! Thanks, I’d love to go but my semester ends on 7 May & it’ll depend on whether I miss any days between now & then, and if I can arrange to take finals a little early. I suck up to all my professors so (fingers crossed!)

This is my first year as a BRK shareholder & Fidelity is the custodian (I would assume the shares are held in street name?) How do I get a paper copy mailed to me? (I should probably call Fidelity but thought someone here may have another solution.)

I'd be OK with this if it resulted in exchanging my shares for BRK but as John said, prob not gonna happen because of the foundation ownership. I'm OK with that too.

I'm going to build a large deck along the back of my house (probably next Fall; we'll see how labor rates go between now & then.) It will create a ton of value because it'll serve as a stage for performers, and should lead to the formation of some kind of management / production company. A tangible capital expenditure which results in, add on, intangible assets (not the balance sheet kind) & maybe a shallow moat.

Yep. http://www.arborinvestmentplanner.com/quotes-the-most-important-thing-howard-marks/ Pick a quote, any quote...