-
Posts
4,026 -
Joined
-
Days Won
5
Content Type
Profiles
Forums
Events
Everything posted by DooDiligence
-
Buffett/Berkshire - general news
DooDiligence replied to fareastwarriors's topic in Berkshire Hathaway
One coup attempt a week is enough ;) -
M2 Money supply growing at 28.4%
DooDiligence replied to LearningMachine's topic in General Discussion
Seems to me that money supply would be a reaction to inflation. Tight labor, plus supplies of desirable products not meeting demand = higher prices. More money is needed to support the increased value cost of everything. There's no problem with supplies of most commoditized inputs, and no shortage of labor and the ability to shop for both, worldwide. ATM, there does seem to be a shortage of finished goods in many categories (example: WalMart shelves), but that's more a result of business shut downs or limits in their operations due to the pandemic. I'm not very well versed on Fed / Treasury operations & it all seems a bit odd but I get that its purpose is to ensure clearance of payments in our system. So as long as there are no liquidity problems? -
I Need a Laugh. Tell me a Joke. Keep em PC.
DooDiligence replied to doughishere's topic in General Discussion
Trader fired for using the F word. www.reddit.com/r/wallstreetbets/comments/kqy5e4/one_among_us/?utm_source=share&utm_medium=web2x&context=3 -
What is not plausible? And for the record, I’m not against the vaccine. I will gladly take it. I’m asking what the benefit is health wise for a low risk individual. I work from home, my wife already had it (three days of symptoms). I tested negative towards the end of her 14 day quarantine and I quarantined for an additional 14 days. Didn’t bother getting tested again. I’m young and healthy. Seems selfish to take the vaccine when it’s in scarce supply. But I guess to the “bUh mY OuTDOOr COncERt” crowd; I’m the selfish one? My wife is a nurse. If I go get tested for covid and test positive she has to quarantine. If I get the flu and test negative for covid, she has to quarantine. If I get the vaccine and experience symptoms of covid, she has to quarantine. If I get covid, have symptoms, and self isolate away from her....she still has to quarantine. If I get covid and have no symptoms she doesn’t have to quarantine because it’s unknown if I have it. If I get the vaccine and don’t get covid symptoms I could still spread it and be contagious. (Per CDC) Effectively she has to quarantine for everything and the vaccine provides no benefit to me or her (if I take). I simply take a dose from someone else when the vaccine is in short supply. Just stop while you're not too far behind. Behind on what? Do explain. Living up to your username. George was frequently obtuse as well. What did I say that was wrong? If you’re young and healthy you are very unlikely to experience any adverse symptoms. The vaccine is in limited supply. The vaccine does not prevent you from carrying covid, nor does it prevent you from being contagious and spreading covid. So far from what I’ve read, there is no additional benefit to getting the vaccine for individuals who have already contracted covid and gotten over it (unknown for me). Longterm studies on vaccine: none Longterm studies on covid: none Is there any significant health benefit for young healthy individuals from the vaccine to warrant getting it before high risk individuals? As it stands if I get covid the worst I’m am likely to experience is bad flu like symptoms for 14 days max. For me personally, it’s easy enough to self quarantine if I get it. Why would I want to take a rushed to market vaccine if I am extremely low risk? If weighing current risk vs current reward is obtuse.....well, I guess I’m obtuse. confirmed
-
What is not plausible? And for the record, I’m not against the vaccine. I will gladly take it. I’m asking what the benefit is health wise for a low risk individual. I work from home, my wife already had it (three days of symptoms). I tested negative towards the end of her 14 day quarantine and I quarantined for an additional 14 days. Didn’t bother getting tested again. I’m young and healthy. Seems selfish to take the vaccine when it’s in scarce supply. But I guess to the “bUh mY OuTDOOr COncERt” crowd; I’m the selfish one? My wife is a nurse. If I go get tested for covid and test positive she has to quarantine. If I get the flu and test negative for covid, she has to quarantine. If I get the vaccine and experience symptoms of covid, she has to quarantine. If I get covid, have symptoms, and self isolate away from her....she still has to quarantine. If I get covid and have no symptoms she doesn’t have to quarantine because it’s unknown if I have it. If I get the vaccine and don’t get covid symptoms I could still spread it and be contagious. (Per CDC) Effectively she has to quarantine for everything and the vaccine provides no benefit to me or her (if I take). I simply take a dose from someone else when the vaccine is in short supply. Just stop while you're not too far behind. Behind on what? Do explain. Living up to your username. George was frequently obtuse as well.
-
What is not plausible? And for the record, I’m not against the vaccine. I will gladly take it. I’m asking what the benefit is health wise for a low risk individual. I work from home, my wife already had it (three days of symptoms). I tested negative towards the end of her 14 day quarantine and I quarantined for an additional 14 days. Didn’t bother getting tested again. I’m young and healthy. Seems selfish to take the vaccine when it’s in scarce supply. But I guess to the “bUh mY OuTDOOr COncERt” crowd; I’m the selfish one? My wife is a nurse. If I go get tested for covid and test positive she has to quarantine. If I get the flu and test negative for covid, she has to quarantine. If I get the vaccine and experience symptoms of covid, she has to quarantine. If I get covid, have symptoms, and self isolate away from her....she still has to quarantine. If I get covid and have no symptoms she doesn’t have to quarantine because it’s unknown if I have it. If I get the vaccine and don’t get covid symptoms I could still spread it and be contagious. (Per CDC) Effectively she has to quarantine for everything and the vaccine provides no benefit to me or her (if I take). I simply take a dose from someone else when the vaccine is in short supply. Just stop while you're not too far behind.
-
Havana Club añejo 7 year (this bottle is actually 13 years old now). When I run out, I may have to visit the duty free at Galeão again. The only thing I like as well as Havana Club is Flor de Caña. The darks are great with a splash of Coke & a lime. The lights make great raspberry Mojitos. Summer is coming...
-
Time for feats of strength and the airing of grievances! Merry Xmas :) He sheds his bulky overcoat and shouts, "let's rumble, until you pin me, Festivus is not over".
-
I Need a Laugh. Tell me a Joke. Keep em PC.
DooDiligence replied to doughishere's topic in General Discussion
Schrödingers Immigrant www.reddit.com/r/brexit/comments/kk5n1c/schrodingers_immigrant/?utm_source=share&utm_medium=web2x&context=3 -
That thought never occurred to me, but does seem like a reasonable rationalization for a cash hoard. This would be a provocative question to ask at the next virtual AGM. “Do you and Charlie view cash as being more or less valuable in a rising interest rate environment?”
-
Merry Christmas, Happy Boxing Day, Happy Hanukkah, and Festivus for the rest of us!
-
It's an interesting time... I follow this small company AirT, controlled by Nick Swensen, which I (unfortunately today) don't own shares in. I have kept their filings in my RSS feed since Swensen picked a fight with Biglari. I liked AirT yesterday and was encouraged by some news they filed after the close. They have been really good at taking in PPP and Main Street Fed program money as well. So today the stocktwits / robin hood crowd is suddenly aware of them because they are "low float" and "trending" or whatever. This company usually barely trades and they have had to keep halting it all day. First at 13 and change, now at 18.10, and they can't seem to get it to open again but indications are currently at 30 / share... Just nuts to see it happen in real time. Nobody cares what the news is or what the company does - just ultra low float and she's running! Pile in! Sounds like a formula for the new 21st century value investor. Discover & buy, low float, thinly traded business. Pump to WSB / RH crowd. Dump. edit: DJCO anyone?
-
A lot of posters are probably "karma whoring" (likes = karma points).
-
The brave new world of investing.
-
Sold all but 1 share of TPL for a quick 27ish% gain in a non taxable account (pure luck & maybe short sighted). I've done sparse trades around BRK, GPC, NVO & WFC for meager single digit gains. These are all long term holds that I maintain a core position in & wouldn't be bothered if I got stuck holding extra shares of. However, I'm going to stop doing this for now because I've been getting lucky & don't want to get addicted to gambling. If any of these takes a plunge (TPL included), I'll likely start pushing chips in again. Signed, the Borderline Robinhood Investor
-
Movies and TV shows (general recommendation thread)
DooDiligence replied to Liberty's topic in General Discussion
Partially OT: Harlan Ellison is (in)famous in writing long personal and philosophical introductions/prefaces to his books. I've recently read his 3 (yes, 3) prefaces to a single book spanning from the 1960s to 2000s that are quite relevant to today's political situation and events. For anyone interested, this: https://smile.amazon.com/Paingod-Other-Delusions-Harlan-Ellison-ebook/dp/B00J90EMRY/ref=sr_1_9?crid=34ZWO87GZAY1&dchild=1&keywords=harlan+ellison&qid=1608047822&sprefix=harlan+ell%2Caps%2C185&sr=8-9 ( Kindle edition has 3 prefaces, paper editions may vary ). Edit: Harlan actually also prefaces every single story in the collection with shorter or longer intro, so total number of prefaces in the book is 10 or so. :) I'm not a big fan of his anger, but he doesn't try to rationalize it. None of us are perfect and we'll put up with a lot of questionable behavior from others as long as there's a punch line. I like a lot of the things that get outlined in the documentary and have never read him so... -
Movies and TV shows (general recommendation thread)
DooDiligence replied to Liberty's topic in General Discussion
Harlan Ellison: Dreams with Sharp Teeth on Amazon Prime. --- “The two most common elements in the universe are Hydrogen and stupidity.” “In these days of widespread illiteracy, functional illiteracy... anything that keeps people stupid is a felony.” “You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.” “I will use big words from time to time, the meanings of which I may only vaguely perceive, in hopes such cupidity will send you scampering to your dictionary: I will call such behavior 'public service'.” “Don't start an argument with somebody who has a microphone when you don't. They'll make you look like chopped liver.” “Now begin in the middle, and later learn the beginning; the end will take care of itself.” “Like a wind crying endlessly through the universe, Time carries away the names and the deeds of conquerors and commoners alike. And all that we were, all that remains, is in the memories of those who cared we came this way for a brief moment.” --- At one point he admits what's probably true about most celebrities; that you wouldn't want to live with him. It would ruin your idea of him. I paraphrase here, but that was the gist of it. -
I Need a Laugh. Tell me a Joke. Keep em PC.
DooDiligence replied to doughishere's topic in General Discussion
Not nearly as funny as the last one but; “Give a man a fish & he’ll eat for a day. Teach a man to fish & he’ll spend a fortune on gear he’ll only use twice a year.” -
He's single handedly suppressed the price of Bitcoin, no one wants to buy it and cause the next rally, because everyone wants to see this. It will shoot up to a Million in January. I never thought of that. I see a twig & berries chart formation. Event driven trade?
-
John McAfee stocks up on condiments over the holidays. http://dickening.com
-
Will We Ever See Capital Scarcity Again?
DooDiligence replied to Nomad's topic in General Discussion
I guess no one here remembers the late 60‘s Hippie generation. The Hippies were far more radical and socialist than the Millenials are now and look at where we are. Someones always trying to take my stuff. -
That's not what I meant because it doesn't raise the issue that I mentioned of the shareholder not knowing how to allocate the cash. I had my head stuck in the past when I remember he had addressed the topic back when dividends were asked for. But yes, beginning the sentence the way I did was prone to confusion. My point is that the shareholders similarly wouldn't know what to do with the shares distributed. Acknowledging that WEB will never break up his life's work (and he's earned that right, imo), shareholders wouldn't have to do anything if they didn't want to. Exactly like now. I look at it more like a garden that gets harvested, rather than broken up. I think shareholders would do much better & like you said, we wouldn’t have to do anything. How much extra capital would BHE & BNSF have to work with (and could they use it) if they didn’t send it to Omaha to be stuffed into a mattress? Could Omaha really put up better numbers from a smaller base with insurance as the core operation? I’d love to own a piece of all 3 entities separately & to get the option of a cash kicker or ownership stake in the other spincos (jewelry / retail, building materials, etc.)