DooDiligence

No position & no intention of one. Popped up in my Twitter feed about the same time this thread got bumped. Here's the full discussion from the originator of the idea:

I see net debt of $9.4m. What am I missing? Now I'm the shameless cloner. Your DD smells like DooDoo You're the 1st person to correctly uncover the real meaning of my username.

I see net debt of $9.4m. What am I missing? Now I'm the shameless cloner.

Ballantyne Strong $45M Mkt Cap $30M Cash $25M Public Equity Investments $13M Preferred Equity Investment and an operating movie screens biz that earned $8M in EBITDA in 2019 It would be amazing if a Buffett/Munger type took over and invested the equity cash. Idea courtesy of @jj_shipley

https://abcnews.go.com/International/wireStory/us-gun-maker-colt-bought-czech-company-75847772

I can't see it being Disney. They had one of the best brands around, but future cash flows are just way too hard to forecast right now, so I don't know how they would arrive at a valuation with any reasonable probability. I am a Disney shareholder (would not buy at today's prices), and I have no idea what the future of Disney is going to look like because it is still the early innings of DTC. I see multiple paths to significant monetization of their IP in the future, but there is significant uncertainty right now, and it's nonetheless getting Netlflix type multiples. It would shock me if Uncle Warren is a buyer right now. Yeah, I was really just illustrating a lost opportunity for WEB & for me. I bought DIS below $100 & sold when the pandemic started up, thinking I'd get a chance to repurchase.

Imagine, www.joshuakennon.com/warren-buffetts-12-billion-disney-mistake/ --- I dream of Apple + Disney

www.scmp.com/tech/tech-war/article/3120939/china-sucker-spending-billions-foreign-semiconductor-equipment

If only I could remove CLB & VDE from my signature. :-\

https://semiengineering.com/can-the-u-s-regain-its-edge-in-chip-manufacturing/ www.bloomberg.com/news/articles/2021-02-11/biden-team-pledges-aggressive-steps-to-address-chip-shortage --- This guy's a good follow: @FoolAllTheTime

I would give almost anything to have been a fly on the wall during this guy's charity lunch with Buffett. I can only imagine Warren's reaction. ;D ;D We are living through an amazing era. I just have to believe this "meme culture" philosophy will go down in history books and new versions of books like "a short history of financial euphoria" for future generations to study. This is what the fly saw.

Bought a full position of FMS on Monday. I'm trying to make up for selling Davita way too soon. Did what passes for DD with me (as usual) by reading various analyst reports, including Morningstar, and the following links. Looks cheap based on historical bitch metrics. www.fiercebiotech.com/special-report/fresenius-medical-care-acquires-nxstage-medical-top-10-medtech-deals-2019 www.fresenius.com/history --- One potential problem is overpayment for acquisitions. Looking at their history, they seem to have done well with their selections without becoming an egregious serial acquirer. There's a possible short term hit to revenues & earnings due to loss of patients from covid, and there may be controversy over their acceptance of government covid assistance. https://khn.org/news/business-is-booming-for-dialysis-giant-fresenius-it-took-a-137m-bailout-anyway/ --- Finally, my Mom is a patient of Fresenius. She used to be the hangar queen at a local hospital, and hasn't had a single stay since starting dialysis. FMS_????_34.05_2021-02.pdf

A week or so ago, I bought some Fairfax :P

My prediction is rolling right along at about the pace I expected.

Wow, BB increased a lot. https://shortdata.ca/largest-short-positions/

It'll be an interesting race with a lot of winners. I think the consumer stands to gain the most. www.bloomberg.com/news/articles/2021-01-13/iphone-assembler-foxconn-sets-up-auto-venture-as-apple-car-looms

From one of the horses mouthes, https://s23.q4cdn.com/799033206/files/doc_news/2021/02/Ford-Connectivity-Release-February-1-2021.pdf

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