DooDiligence

I think Buffet has been somewhat constrained by his promise of a "permanent home" for wholly owned businesses. That era has obviously passed and Greg will not face the same self imposed restriction. I'd bet that there are at least a few wholly owned subs that could be sold or spun without hurting the overall business in the least. Netjets, Flight Safety, Precision Castparts, Dairy Queen, Fruit of the Loom, Garan, Oriental Trading, Pampered Chef, and more. Why not pare things down into a more focused set of operations with reinvestment opportunities? I know, I know, tax advantaged structure and ability to provide low cost financing by shuttling cash around from business to business, blah, blah, blah. Personally, I'm hoping for some pessimism to tank the shares in a meaningful way so I can place some of the cash I just got from last week's sale of 1/3 of my Google (couldn't resist a nice three year triple). Usual disclaimer: I'm a borderline idiot and fully expect people to yell at me now. I'll make things even worse by saying that I'm making chili right now and will be adding red beans because chili without beans ain't chili.

https://www.businessinsider.com/warren-buffett-berkshire-hathaway-management-leadership-ceo-retirement-hamburg-combs-2025-12

Didn't he work for Progressive a long time ago? That said, I don't care if he did lead GEICO to recent profitability. He did it at the expense of losing market share by blindly running off customers. I told story this before on here but I was a GEICO customer a few years ago and used their DriveEasy app to get a meager discount. Scored damn near perfect on hard braking, cornering, etc. Not long after, they jacked my rate up significantly. I went to Progressive and they offered me a rate that was actually lower than my pre-jacked up GEICO premium. I don't understand all the praise for Combs. Overpaid hatchet man?

Nothing is sacred

What are the odds of UP+NS happening? https://www.feedstuffs.com/agribusiness-news/union-pacific-norfolk-southern-merger-chugs-along-into-next-phase https://www.bnsf.com/news-media/news-releases/newsrelease.page?relId=bnsf-files-petition-requesting-stb-to-enforce-review-union-pacific-southern-pacific-merger-conditions-from-three-decades-ago

The annual telling of the story of the Thanksgiving day massacree.

That was hilarious. Comes out swinging. The olympics scene, the mother dying in childbirth, nothing is sacred

Same here. I've never beat on a table about dividends, but would be fine if it happened.

Mixed. Also never could understand the morbid fear of taxes. I wish I paid $1,000,000 a year in taxes.

Also agree. Never could understand the morbid fear of a dividend.

Top Fannie Mae officials ousted after sounding alarm on sharing confidential housing data https://apnews.com/article/fannie-mae-freddie-mac-firing-pulte-data-a4f8c53df74fef83ec7fd07e3d524746

He couldn't have done it without me

Seriously, who would invest in a business with this bunch of crooks in the c-suite? Speaking of cooked books. They weren't rigged before, but you can bet they will be now. https://www.piie.com/blogs/realtime-economics/2025/bls-investigation-challenges-yes-rigged-data-no

DIVISION C—LEGISLATIVE BRANCH APPROPRIATIONS ACT, 2026 There's some fishy shit in here that allows senators to receive compensation for being wiretapped during federal investigations into the January 6th riots. Each senator that was wiretapped (Speaker Mike Johnson; Lindsey Graham, of South Carolina; Bill Hagerty, of Tennessee; Josh Hawley, of Missouri; Dan Sullivan, of Alaska; Tommy Tuberville, of Alabama; Cynthia Lummis, of Wyoming; and Marsha Blackburn, of Tennessee; and Rep. Mike Kelly of Pennsylvania) would receive NO LESS than $500k PER INSTANCE of wiretapping, not from the federal government, but from the taxpayers. Every congressperson has 3 phones and 3 emails, and each wiretapping recording is a separate instance. The congress-members in question could receive more than $3 million in ‘damages’. If these are your congresspeople, you should contact them. https://www.appropriations.senate.gov/imo/media/doc/lbfy26aconf.pdf We now live in an openly corrupt state.

Imagine an ex-president actually wanting to greet veterans and thank them personally. Meanwhile, the Mango Mussolini rivets the crowd with another banger as he mulls over freeing a former business partner and convicted sex trafficker.

Old boy may have copied that bit from someone else. He's still great. Slava Ukraini.

Here's his more serious side.

This guy is not only a phenomenal rubber duck player, he's also a fabulous classically trained pianist.

Five years ago today, Four Seasons Total Landscaping gained national recognition for their outstanding work in lawn care and press conferences. The event also helped boost business at a neighboring dildo shop. Make America Rake Again https://www.cbc.ca/radio/asithappens/as-it-happens-monday-edition-1.5795271/four-seasons-total-landscaping-presser-was-chaotic-confusing-and-a-bit-surreal-says-reporter-1.5795402

Epic troll, Korea ain't forgot about that ice raid at Hyundai's EV plant in GA. https://ijkh.khistory.org/journal/view.php?number=293 TL;DR - The Silla dynasty fell from financial instability due to high taxes & wealth inequality which led to widespread rebellion against their king.

As if naming a boat EBITDA wasn't already an indication that this guy sucks a lot of lines into the wheels.

Can I suggest not being an asshole?

Искусство зарабатывать деньги с русскими гангстерами Here's a provocative article. It's not directly related to trump but does give a little context on russian politics + gangsters. and how trump may have been used (and still is a useful idiot). Personally, I think that if what this article says is true, and russians really do want to be a part of the European community, putin is doing a piss poor job. Russia needs a cool, charismatic, cosmopolitan, friendly guy to take control and get the job done, to the entire world's benefit. The Russian people deserve better. https://www.bbc.com/russian/features-48112891 I found this link after doing a Google search on the russian text at the top of this post and used Safari's translate feature to read it.

Speaking of russian IOU's, here's a golden oldie. https://web.archive.org/web/20181221231543/https://foreignpolicy.com/2018/12/21/how-russian-money-helped-save-trumps-business/