DooDiligence

Bought a 1% position in JACK yesterday. Watched it pop this morning and regretted not buying more. Checked back in this afternoon and doubled up.

I got lucky going long GMCR when Einhorn was short. Made a killing when KO invested (seemed like an idiotic move for them).

I don't believe he had any effect on iPhone sales but did produce a halo around the equity. I also believe the greatness of the iPhone is not so much due the hardware but in how well it integrates with the entire ecosphere.

Here's an easy one.

I own Dominos and am hesitant to even look at anything else in QSR but I'm all ears, thanks. I like their salty advertising. Anyone eat there? Comments? In the early stages of a big investment in POS to integrate with 3P's, and automation technology for productivity. Growing digital sales. Comma's are not important. Making money for franchisees is. Speaking of which, with the franchisee problems settled, management expects 4% unit growth to 2025 and wants to be open in 40 states by 2030. We might even get one here. https://www.fox35orlando.com/news/jack-in-the-box-orlando# Also, franchisee's are onboard with re-imaging programs. Echoes of Wendy's. More capital investment going into Jack In the Box than DelTaco (remains to be seen how DT turns out). Buybacks! Been on a slide since 2021 with a few nice bumps. Maybe time for a more consistent and forceful change in price direction? Give me a lever and I will sell you a billion frozen tacos. [I sourced Zacks for some of this] JACK Zacks 2024-04.pdf

Nothing like yoga to teach you what you can and can't do, as well as how to restrain yourself from going deep into what you shouldn't. Learning to breathe into the daily motions of life, outside the classroom, has been a mini-epiphany for me. I made a New Years resolution (when I started yoga), to stop grunting whenever I get in and out of a chair, the truck, whatever. I now find that when I drop something (and I do it more frequently with age), I look at it as an opportunity to stretch (and there's no grunting). A little mindfulness goes a long ways. A handful of us get to the Y 20 or 30 minutes before classes and we've never discussed politics (seriously, never in nearly 6 months). I have no idea how any of my yoga buddies and buddiette's vote and they don't know my choices either. We all like each other nonetheless. On another subject, I really enjoy your writing / thoughts on businesses and other stuff.

Sad but the Clayton discussion kind of evens it out. I wonder if BHHS wouldn't be better off under the Clayton umbrella? Probably a stupid idea.

or is that chart upside down?

Probably already been mentioned but...

Somebody's guarding a bunch of cash over there.

Time for a grave dancer to step in.

Stop it. You're getting me excited.

"Averaged out, my long life has been a favored one, made better by duty imposed by family tradition requiring righteousness and service. Therefore I follow an old practice that I wish was more common now: inserting an ethical bequest that gives priority not to property but to transmission of this duty. I ask that my children and their children carry on our family tradition and pass it, undiminished, to our common posterity."

Tracker(s)? or would that not be WEB's style. Do trackers separate liability from the parent?

Both barrels loaded.

Same as above but ADR.

I did add an "albeit repetitive" but my point was that it seems like a fair-ish AI generated bit of Berkshire content. Agreed, it could have said the same thing in just a few paragraphs. How do you get these AI's to understand that brevity is the soul of everything?

Sorry for spamming things up here but would this be reasonably accurate (albeit a bit repetitive)? https://brk-b.com/no-room-for-romance-the-unwinding-of-berkshire-hathaway-s-stake-in-markel-the-baby-berkshire_240216.html

OK, which one of you did this? Because it's friggin' brilliant. Not sure how I feel about the bare bones presentation layer, but the (quasi-AI generated) content is compelling. https://brk-b.com Sample: https://brk-b.com/bloomstran-s-tip-insights-for-berkshire-hathaway-2024_240423.html Sample: https://brk-b.com/farmland-berkshire-hathaway-to-align-with-buffets-vision_240420.html Sample: https://brk-b.com/the-hartford-berkshire-s-next-strategic-move_240331.html Disclaimer: Images on this page are largely generated by artificial intelligence. They are not actual fotos and may not be confused with real people, although they might look very familiar. === Also, check out the photonics101.com link at the bottom, + links to platform tools.

Right there with ya. She's stunning.

3% position in Hershey. Anchored to a price now and would buy more if it dropped. HSY + DPZ + NVO = $

Valuation and low growth are legit concerns wrt potential returns. This a mission critical software and piracy seems to be the biggest hindrance to growth. There's the possibility of incrementally onboarding accounts running pirated versions. Probably won't produce dramatic increases any time soon though. https://schnitgercorp.com/2020/03/09/autodesks-anti-piracy-efforts-finally-pay-off-oh-and-the-looming-end-of-maintenance/ Here's a small sampling of pirating efforts: === BIM and facilities management seems like a good growth avenue. I particularly like the Innovyze acquisition. === edit: not buying today. I already own enough ADSK (3.6%).

Possibly, but price increases could easily offset. This is a small expense for an engineering firm in comparison to the revenues they bring in. Your point is valid nonetheless.

More like an opportunity for them to reduce headcount(s) for clients. https://aecmag.com/features/autodesk-laying-the-foundations-for-ai/ On an unrelated note, a buddy of mine said his firm just added Revit because more and more clients want 3D now. BIM will likely be next.

Speaking of haircuts, he has a nice forehead.