DooDiligence

Added a little SoftBank to make it a 2.6% allocation.

Trimmed 1/3 of my highest cost basis in WFC for a high single digit gain. It's now a 7.6% position with a lot more green than before. If the asset cap gets lifted & markets run it up, I'll probably sell the rest.

I really like Ray. He keeps a good work life balance, and all the people he kills pretty much deserve it.

Australian crime drama. Very good. https://www.hulu.com/series/mr-inbetween

I'd rather risk holding BRK & maybe overpaying for a basket of ADSK + ROP + SFTBY + TYL than paying to see if a leopard might change it's spots.

If he would've sold BB into the WSB mania, I would've held on but... ...where's that confounded bridge?

How appropriate. Morrison was a difficult guy, full of talent. Motel, money, murder, madness Let's change the mood from sad to gladness Mr. Watsa risin' ???

http://openinsider.com

The new ad slider at the bottom of the page was a bit jarring at first, but I got used to it quickly and now find it less obtrusive than inline ads. AJAX page updating is significantly better than having to refresh when back-paging, as on the old site. Maybe it's just me, but I still find the menu system to be inefficient from a standpoint of usability & SEO. Starting at this page, https://thecobf.com/forum/ The link "Investment Forum" offers a Javascript dropdown for "Politics". Crawlers are going to expect to see investment related material but will be lead to something completely different and subsequently the pages will get a downvote from them, which means they'll be indexed significantly lower (if at all), than competing sites. --- A site should have a menu system with descriptive top level links in order to SEO well, and also to provide "don't make me think" usability. This menu system isn't even in the ballpark unless you're selling calendars, staffs & lumber. --- A huge portion of crawler upvotes come from inbound links. A site should have simple methods of allowing other webmasters to create links for inclusion in their content. The more inbound links with similar content, the better. A solid menu system that describes site content helps achieve this. Just my banged up and tarnished 2 cents towards improving user experience & site visibility to search engine(s).

Having some FOMO cash keeps me from selling something (that I shouldn't) just to generate some FOMO cash.

"An absolute treasure trove that either 1) summarizes a book enough that you don’t need to read it or 2) so piques your interest that you end up buying the book." https://blas.com --- Link courtesy of https://twitter.com/patrick_oshag/status/1418622440222216194?s=20

Interesting story about a recent BRK business sale. https://markets.businessinsider.com/news/stocks/warren-buffett-kirby-vacuum-cleaner-brand-berkshire-hathaway-scott-fetzer-2021-7

Same. Profits go to (edit: maintenance) CAPEX

Agreed. I believe most of us have a slightly different personality / style, depending on the venue. Personally, I've been trying my best to respect the CoBF society by reserving my inane rants for Twitter & Reddit. IRL, I vacillate between personas with varying degrees of control. Never meet your heroes. Back to blowing bubbles...

John McAfee: Anti-virus creator found dead in prison cell

Thread... https://twitter.com/JerryCap/status/1407713943192211459?s=20

Not to derail, but here's another alternative power generation source. that seems to be getting traction. www.mainspringenergy.com/technology/ www.bloomberg.com/news/articles/2021-03-09/nextera-bets-on-new-power-generator-that-runs-without-combustion

I haven’t been reading this thread in a while so apologies if this has already been discussed. The Fed isn’t printing as much money as you think - Morgan Housel

Same… I use Apple Notes extensively for numerous subjects. Allowing the insertion of images was a game changer for me. iCloud sync works amazingly well across the ecosphere.

I'm betting that WEB role plays a lot of different scenarios & I'm confident in his intuitive competence & luck. Admittedly, it's fun to spitball what's going on in his mind.

Thread... https://twitter.com/TidefallCapital/status/1403909032377790464?s=20

Zappa was a fascinating guy. I was never a huge fan of his avant garde style but the musicianship was top notch and he was definitely a master composer. I also have a great deal of admiration for his determination to do what he liked with total disregard for commercial success. The “no commercial potential” project did pretty well with ‘We’re Only in it for the Money” and “Lumpy Gravy”, etc. I’d love to be intelligent enough to successfully satirize the left & right like he did.

Free for Amazon Kindle. Haven’t read it yet. 4 stars & only one actual review available. “Behavioral finance presented in this book is the second-generation of behavioral finance. The first generation, starting in the early 1980s, largely accepted standard finance’s notion of people’s wants as “rational” wants—restricted to the utilitarian benefits of high returns and low risk. That first generation commonly described people as “irrational”—succumbing to cognitive and emotional errors and misled on their way to their rational wants. The second generation describes people as normal. It begins by acknowledging the full range of people’s normal wants and their benefits—utilitarian, expressive, and emotional—distinguishes normal wants from errors, and offers guidance on using shortcuts and avoiding errors on the way to satisfying normal wants. People’s normal wants include financial security, nurturing children and families, gaining high social status, and staying true to values. People’s normal wants, even more than their cognitive and emotional shortcuts and errors, underlie answers to important questions of finance, including saving and spending, portfolio construction, asset pricing, and market efficiency.” https://www.amazon.com/Behavioral-Finance-Generation-Meir-Statman-ebook/dp/B082DQSMXM/ref=msx_wsirn_v1_5/138-8833024-2003322?pd_rd_w=6PrKr&pf_rd_p=ad02864c-dd1c-47aa-98b9-1e72a1084f6a&pf_rd_r=GRZT942Y6XJZBBE3HRNH&pd_rd_r=39381a27-165a-41fe-82de-167bea481e59&pd_rd_wg=gNfKI&pd_rd_i=B082DQSMXM&psc=1

Who you jivin’ with that cosmic debris?

Does this pass the smell test? ---