DooDiligence

Are you playing Raider or Speculator? Raider looks more interesting to me if it would school me on capital allocation (have to look in depth later - blocked up right now...)

Insert rimshot here.

Thanks BG & SD (I'll definitely re-read this thread if I start contemplating restaurants/food service...) Ditto to Premfan for the hospitality model...

+ bump, bump

That was the most pressing news I saw today!

To their credit, they didn't say "Dow Plummets" I've become desensitized to the whole "breaking news" "plummeting" "catastrophic" media/politician/dewshnozzle BS...

I have been working in the marine transportation end of oilfield services & as a result I've had a generous amount of time off (28 days on & 28 off.) (BTW day rates for a 280' PSV like I've been running the past few years in the GOM are down to an unbelievable $6K/day from the low to mid $20's) Over the years I've spend many hours of my off time reading K's Q's & industry pubs & websites. Now that I'm officially unemployed (got laid off last week & am seriously delighted about it - no joke!) I've been giving investments short shrift. I now structure my time as follows: Monday through Friday 6am to 8am - finance 8am to 5pm - studying web development (front end for now) & designing & developing content for my 1st site 5pm to whenever - socializing I find myself getting lost in web dev & completely forgetting about money (I know, crazy huh?) ---------- Saturday 6am to 10am - catching up on finance for the week 10am to whenever - socializing ---------- Sunday 6am to 10am - a mix of finance & planning for the coming weeks web dev tasks 10am to whenever - socializing ---------- I can easily get sidetracked on weekends when it's warm since most of my work gets done sitting on the back porch & my pontoon boat is just right there in the boat house staring at me so if someone stops by well... (Can't think of a better use of time so I'm sticking with it!)

"Let there be light" Did a God do that? No; Thomas Edison did that...

Both have very large short % & ratio (anyone know what institutions?) Why do you guys prefer AOBC? I'm attracted to the clean sheet of RGR & I like the fact that management has clearly stated they don't do guidance or individual owner meetings. (They seem well managed...) I agree as to dubious moats...

See the following if you'd like to read what members of this board have already discussed regarding this HBO documentary... http://www.cornerofberkshireandfairfax.ca/forum/berkshire-hathaway/becoming-warren-buffett-hbo-documentary-1302017/

Yeah; me neither (just thought the race to the bottom was interesting...)

Sorry guys; I just read the Interactive Brokers thread & saw that this was already mentioned...

Feeling Spammy this morning...

Oh, I know this one! It was the founding fathers. Funny how people of the right are so jacked about the 2nd amendment but so easily forget about the 1st. Oh and there's not stuff about being "well regulated" either. Regarding checks and balances in the US. That sounds good in principle maybe it even works if powers are split between parties. But now you have a republican senator declaring that it makes no sense to have republicans investigating republicans. The chairman of the Congress Intelligence Committee doesn't seem too concerned about Russian connections and involvement in the election. In the past this would have been equivalent to a declaration of war. But I guess winning changes things - now you have people waving Russian flags at CPAC. Oh and the House Oversight Committee for the past 8 years investigated everything down to what kind of underwear Obama was wearing but now suddenly everything is squeaky clean with Trump administration and the top item to investigate is a national park's tweets. Checks and balances indeed. ++

http://lmgtfy.com/?q=Gun+sales+by+caliber Revolvers will be more reliable & easier to maintain when the Zombie apocalypse comes...

Ruger doesn't break out goverment or law enforcement sales in the K's & Q's but the following link has an interesting discussion on the subject (it's from 2013 & I believe the ideas are as enduring as guns are in American society.) http://rugerforum.net/ruger-pistols/93444-ruger-sr-law-enforcement.html#/topics/93444?page=1&_k=mttjha Fact is; Ruger makes high quality firearms (in store comparisons of workmanship, feel, action & safety features) & they seem to sell quite a few of them. I'm willing to bet that there's a fair bit of gun snobbery among "collectors" & other non-professional enthusiasts. I have owned guns (decades ago) but haven't owned or fired one in forever (seems like a waste of time.) Ruger reports 2016 full year tomorrow & I'd like to buy more (cheaper...)

Sayeth the "in your face" Buddha (truth is elusive...)

https://www.amazon.com/Capital-Returns-Investing-Through-Managers-ebook/dp/B01FYBLG9I/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1487635394&sr=1-1&keywords=capital+returns

Drat - my feeble attempt elicited nothing...

Resident troll comments on DRM & its role in fake news (take it away Scotty..!)

Said the spider to the fly...

Nice link - thanks! Looks like checks have steadily marched upwards on a yearly basis. Not sure how I feel about that other than (optimistic about gun sales & increased gun violence...) State interventions should ratchet up the fear factor for increased sales. I'm gonna stick with my sword, pike & bow armory & will participate in firearms ownership through an equity stake in RGR...

Also would gang banger still apply (maybe gang poofter...)

That gives a value under $20 & if that happened, I'd load up. That said; if it drops to the low to mid $40's I'll add more (I'm also shopping for a sword, pike & bow right now as the Zombie apocalypse seems imminent...) Somewhere between $20 to $40 I'd be loading up as well. I know you like to fight up close and personal and have your heart set on a sword, pike & bow, but you should really consider this loaded with zombie rounds. Everyone knows that Zombies are attracted to loud noises. Guns would be needed for protection against live humans. I think that forming 2 squads with one aimed at Zombies (and hunting for food) & one for protection against hostile humans would be the way to go (I'd keep a sidearm as a backup; probably a totally reliable Blackhawk...) 🗡 The loud noise problem is real and one that the Republicans in congress are trying to solve. http://lawofficer.com/tactics-weapons/handguns/bill-to-legalize-silencers-introduced-in-congress/ Hopefully this will pass and Trump will sign it. Might make it easier for people to sleep in Chicago without all that noise...

That gives a value under $20 & if that happened, I'd load up. That said; if it drops to the low to mid $40's I'll add more (I'm also shopping for a sword, pike & bow right now as the Zombie apocalypse seems imminent...) Somewhere between $20 to $40 I'd be loading up as well. I know you like to fight up close and personal and have your heart set on a sword, pike & bow, but you should really consider this loaded with zombie rounds. Everyone knows that Zombies are attracted to loud noises. Guns would be needed for protection against live humans. I think that forming 2 squads with one aimed at Zombies (and hunting for food) & one for protection against hostile humans would be the way to go (I'd keep a sidearm as a backup; probably a totally reliable Blackhawk...) 🗡