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Everything posted by DooDiligence
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Irrelevant, since fareastwarriors Mom doesn’t have a penis. You’re definitely on track to fulfill my prediction.
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Is this an accurate breakdown of why RH had to shut down?
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My prediction for the next four years
DooDiligence replied to muscleman's topic in General Discussion
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
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Buffett/Berkshire - general news
DooDiligence replied to fareastwarriors's topic in Berkshire Hathaway
Buffett’s a baller. -
Buffett/Berkshire - general news
DooDiligence replied to fareastwarriors's topic in Berkshire Hathaway
https://mazorsedge.com/berkshire-hathaway-to-take-over-major-stake-in-north-sea-gas-project/ -
Is this you Prem? ;D
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The Singularity Is Near: When Humans Transcend Biology - Ray Kurzweil
DooDiligence replied to DooDiligence's topic in Books
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. -
WSB - would be fun to show a contrary view
DooDiligence replied to LongHaul's topic in General Discussion
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
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WSB - would be fun to show a contrary view
DooDiligence replied to LongHaul's topic in General Discussion
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
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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
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Go over to reddit and search shitron. Andrew Left gettin no love.
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Buffett/Berkshire - general news
DooDiligence replied to fareastwarriors's topic in Berkshire Hathaway
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.
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Movies and TV shows (general recommendation thread)
DooDiligence replied to Liberty's topic in General Discussion
Can't stop watching. Ever. -
The Future of the American Convenience Store
DooDiligence replied to montizzle's topic in General Discussion
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. -
The Future of the American Convenience Store
DooDiligence replied to montizzle's topic in General Discussion
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 -
Buffett/Berkshire - general news
DooDiligence replied to fareastwarriors's topic in Berkshire Hathaway
https://mazorsedge.com/bnsf-puts-battery-electric-locomotives-into-service/ -
My daughter's first music single...'Confined'
DooDiligence replied to jobyts's topic in General Discussion
Tracy Chapman has written some great stuff. Nicki Minaj's claim to fame is a freakishly large butt. www.rollingstone.com/music/music-news/nicki-minaj-tracy-chapman-settlement-sorry-lawsuit-1111631/ -
Range: Why Generalists Triumph in a Specialized World - David Epstein
DooDiligence replied to Xaston's topic in Books
Can confirm re: Music Appreciation students. I was required to take music history, and I got a lot out of it. It provided great evolutionary context for a lot of the archaeic things we were being taught in Music Theory (Renaissance polyphony and Baroque, for instance). Our class met right before the music appreciation guys and a lot of them seemed to think they were going to sit around and gab while listening to mp3s. Surprise, you get a dumbed down version of music history. One of the many things I learned about higher education is, there are no easy courses. Many students may find some subject matter "easy" to comprehend, but there will always be work involved. If there's no work involved, the instructor needs to be fired. The purpose of higher education is: to learn new material, to learn how to work, to learn how to separate fact from fiction. edit: I haven't read this book, but definitely agree with the concept. -
My daughter's first music single...'Confined'
DooDiligence replied to jobyts's topic in General Discussion
Confined in f minor. Very nice vocal melody on top of a simple V7-i harmony with a brief IV-i and then a V7-i cadence. There are better musicians, on here, who can correct my quick harmonic analysis. Is she planning on becoming a music major? It will certainly give direction to a young life.