DooDiligence

Prompted by a Tweet from @special_sits What’s the best company or business model you’ve ever studied? --- Here's one I really liked. "Everyone makes a mistake at work, but rarely do they end up reshaping an entire industry... It's a well-known story, but hey, (a) it's almost ski season and (b) who doesn't love a cautionary tale of the costs of administrative errors? Vail steals Park City,"

BB bull/bear writeup on reddit ??? No really, an actual writeup. www.reddit.com/r/wallstreetbets/comments/l4ehan/blackberry_dd/?utm_source=share&utm_medium=web2x&context=3 --- the post ended with a bazillion rocket ships which doesn't detract from the info presented.

Irrelevant, since fareastwarriors Mom doesn’t have a penis. You’re definitely on track to fulfill my prediction. i really hesitated before commenting here (questionable relevance etc) but you just initiated a book thread about extraordinary popular delusions and there is an intersection between the mass movements in stocks that we experience now and the vaccine rollout. Periodically and in different areas of the world, there are serious reports related to disappearing penis collective panics (i promise it's for real {the panic episodes i mean}; just look google it). The explanation(s) behind the crowd momentum is (are) somewhat controversial. Just like a virus spread, there is a beginning, a peak and an end, more or less. There are many variants of this phenomenon which are often grouped under the label of mass psychogenic illness. In Australia, there was (likely) such a related (and fascinating) phenomenon which manifested in an airport: https://www.mja.com.au/journal/2005/183/11/mystery-illness-melbourne-airport-toxic-poisoning-or-mass-hysteria More recently, there has been (possibly) a similar scenario in the Canadian Embassy in Cuba (still way too early to tell however and still a very touchy subject). Anyways, speaking of Australia, this very issue is being addressed: https://www.auckland.ac.nz/en/news/2020/12/10/dont-let-psychogenic-illness-undermine-the-covid-vaccine.html "If men define situations as real, they are real in their consequences." William I. Thomas So, how to deal with this? To confront? To ignore? Fortunately, like all mass movements, it eventually comes to pass. God Bless Phallic Preservation. ----- Going back to fundamentals, Israel is showing that if there is something that is shrinking with the vaccines, it's likely the poor outcomes. Isn't it awfully nice to have a penis? I heard this song a week or so ago when watching a Mr. Cresote sketch, and ordered the book. It will most definitely be inserted into my act. Humor mixed with music should make me marketable.

Seems appropriate ATM. Free Kindle Version of Mackay’s book Not sure if this one is complete.

Irrelevant, since fareastwarriors Mom doesn’t have a penis. You’re definitely on track to fulfill my prediction.

Is this an accurate breakdown of why RH had to shut down?

This is on the edge of my limited knowledge and i guess you wonder if railways obtain good margins on those contracts. Because of commercial 'sensitivity', contract clauses are not widely reported. It seems that railways need to invest (buying and leasing) significant funds to meet this specific demand and ask, in return, for a multi-year commitment and a baseline daily (bpd equivalent) take-or-pay scenario. i think the Alberta government was recently on the hook for such contracts negotiated at at time when prices (and demand) were higher. So, BNSF could be eager to contract for such crude-by-rail agreements and the deals would likely be quite profitable short term but this does not appear to be a long term advantage. There was an article about CN some time ago dealing with this topic, sort of: https://www.nationalobserver.com/2019/05/01/news/crude-rail-temporary-solution-pipeline-shortage-cn-rail-ceo

FRFHF 2.6% with half in brokerage & half in tax advantaged. fap fap rocketship rocketship rocketship rocketship yolo :P

Buffett’s a baller.

https://mazorsedge.com/berkshire-hathaway-to-take-over-major-stake-in-north-sea-gas-project/

Is this you Prem? ;D

The 1st reviewer on Amazon had some interesting things to say about the book. One of the comments was about nanobots being used in humans. I recently finished a scifi series “the Old Mans War” by John Scalzi, in which he presents bio engineered humans with nanoblood, which could handle a lot of things from viruses to enhanced protection of traumatic wound sites. The story includes a lot of other fantastic, seemingly impossible now, ideas. It’s a really fun series to read. I just bought “Singularity” as it seems like it will be a fun read and possibly useful.

Because it can't be leveraged 50x with options forcing a gamma squeeze. I'm just showing off my YOLOtard options knowledge ;) and reinforcing why I'm going to largely stick with straight equity purchases.

This book was mentioned in a Brooklyn Investor blog post recently. Has anyone read it? It's only $4.99 today. "I still recommend the same old books for investors, like Security Analysis, but the book that may have had the most impact on me in terms of investing in more recent years might be The Singularity is Near. I've owned this book for years but only read it in the past few years. This really explains what is happening in the tech world. When I read this, I immediately understood what is going to happen to a lot of businesses, so it helped me stay away from them, and made me appreciate the 'winner-take-all' businesses. The moat in this century is very different than the moat that Buffett talks about. Well, Buffett never restricted his definition of moats to old-world businesses." www.amazon.com/Singularity-Near-Humans-Transcend-Biology-ebook/dp/B000QCSA7C/ref=sr_1_2?dchild=1&keywords=singularity&qid=1611091791&sr=8-2

I've trolled a few threads in W S B and most of the time I get no responses. I have never specifically posted a thread to troll the entire sub. There are some subs put aside for more serious stonk discussion, and W S B guys troll these with posts which I think are intended to tease / entice actual investors with their fabulous YOLO gains. The r/BerkshireHathaway mods seem to do a good job of taking down tard-posts. r/BerkshireHathaway r/ValueInvesting r/CanadianInvestor A more constructive idea might be to figure out a heavily shorted stock with a decent underlying business that could be pumped up a bit. If you see something getting shorted that you don't think deserves it, all the better. "Hey guys, this thing is getting hammered by the man, but it's really a great company..." or contrarily "Look guys, the valuation on this shite business is insane, you need to listen to the shorts." There used to be some guys here who did DRM and I'll bet they're working on this very idea. --- Bonus idea: Fairfax is languishing and owns some BB. Why not pump fake that?

:-[ I will not burn my dry powder, I will not burn my dry powder, I will not burn my dry powder, unless I see something irresistible on WSB :o

Noice ;D Is this where that came from? www.amazon.com/Money-Game-Adam-Smith/dp/0394721039/ref=cm_cr_arp_d_product_top?ie=UTF8

Go over to reddit and search shitron. Andrew Left gettin no love.

New Euro borrowing. https://sec.report/Document/0001193125-21-009818/ Smallish acquisition ideas?

NYC renters got float, but no moat. www.mpamag.com/news/new-york-city-renters-hold-more-than-1-billion-in-back-rent-243627.aspx --- This seems like a thread that should be revived.

Can't stop watching. Ever.

How could they resist the politics section? Which handles do you think they're using to post in the politics section? ??? derp

Oops, I missed that. I thought the writeup posted by jasonchin was interesting. People still go to convenience stores for purchases other than gas. A smart operator could leverage locations as the landscape changes for ICE.

Fly in the ointment? www.bnnbloomberg.ca/billionaire-arnault-would-take-hit-from-sale-of-carrefour-stake-1.1548457 edit: www.fr24news.com/a/2021/01/couche-tard-plans-to-invest-us-3-6-billion-to-support-carrefours-offering.html

https://mazorsedge.com/bnsf-puts-battery-electric-locomotives-into-service/