DooDiligence

So I sold a gold poison ring on eBay to a buyer in the UK & the USPS told me that importation of gold jewelry from the US to the UK is prohibited. FedEx & UPS told me the same thing. I canceled the sale as I'm unwilling to falsify customs documents & possibly have the item seized. Is this a BREXIT issue? --- Shameless plug: Deals abound as I've listed some new 18K eternity bands with diamonds & colored stones in addition to more Fleur de Lis. There's also an eclectic mix of other great products. Google ebay tunawish if interested.

Icahn must be shorting Berkshire. ;D

GOAT ;D

I usually go 50% over the recommended mileage, and disregard the time factor. Also, tolerances between moving parts will decrease as temperature increases & you don't want to start banging away without a warmup. The last 3 vehicles I've owned have always gotten warmed up before driving. I just wait for the temp gauge to go a bit above the 0 mark. During Summer it takes no time & Winter a few minutes. When I worked offshore, we would occasionally go over the recommended hours due to the nature of our work & I'd notice our fuel consumption would start increasing dramatically. Apparently sludge develops, which decreases viscosity. The reduced flow degrades lubricating qualities & causes a decrease in cooling ability. The resultant overheating can put a lot of stress on hoses, seals & bearing surfaces. We always sent samples off for analysis & the results were very useful in spotting problems before they lead to a failure. (I've been saying that I was going to do this with my truck but so far it's all been just talk.) If you drive in dusty conditions or have a lead foot, you should probably stick to the recommendations or even change a bit sooner.

Fun fact: Trumps grandfather died of the flu in 1918.

They should hook up with Weight Watchers.

If it wasn't clear, I was joking and making fun of VC in both my posts. Anyone who bothered to follow the link should have figured that out. I stopped watching when I heard Venn diagram.

I think it scales if & when autonomous driving takes hold. You buy shares to pass on to your grandkids. edit: I meant re: Uber & Lyft. Why would Uber & Lyft want automated driving? If they have an automated driving fleet, they are going to have to buy automated cars. These cars are not going to be cheap. Then they are going to have to insure them. Then they are going to have to fuel them. Then they are going to to have to maintain them. Then they are going to have to replace them. This is going to cost billions of dollars, perhaps even tens of billions of dollars. Where is Uber going to get all that capital? They sure as $@#% going to do it out of retained earnings. That then leaves borrowing the money OR selling more stock. NOW, Uber's drivers do all of that for them. Uber's drivers are providing a LOT of capital by providing the vehicles. At current pricing, or anything near it, Uber's business model simply does not work. My thought was for a distant future where there are no human drivers and the business of these guys changes to dispatch & operation as a service for whoever winds up providing the vehicles. Just noodling around on a scenario that I'll likely never live long enough to see. It'd still be in their best interest to let suckers like us buy the cars and then let them earn some money through their platform while we're not using them. This would be an ideal scenario for a lot of users where you have total use of your car when you want it but it can also bring in some income when you're not using it. The idea that Uber or Lyft will pivot to be massive self driving fleet owners has always struck me as far fetched. It seems like a massive capital outlay for little if any additional margin on each trip. We already know many drivers are underestimating wear and tear on their cars and barely breaking even when all costs are factored in, why would Uber/Lyft pass up a good thing like this. My cynical theory is that self driving cars and a massive fleet of them will require hundreds of billions more in investor capital a fraction of which will fund salaries for employees and buoy the stock price for a while longer allowing more value to be extracted by current shareholders. I may have read too much scifi & watched too many Jetsons episodes as a kid. That said, I'd never buy into any of these sharing economy businesses. Being an end user is definitely a great deal though.

I think it scales if & when autonomous driving takes hold. You buy shares to pass on to your grandkids. edit: I meant re: Uber & Lyft. Why would Uber & Lyft want automated driving? If they have an automated driving fleet, they are going to have to buy automated cars. These cars are not going to be cheap. Then they are going to have to insure them. Then they are going to have to fuel them. Then they are going to to have to maintain them. Then they are going to have to replace them. This is going to cost billions of dollars, perhaps even tens of billions of dollars. Where is Uber going to get all that capital? They sure as $@#% going to do it out of retained earnings. That then leaves borrowing the money OR selling more stock. NOW, Uber's drivers do all of that for them. Uber's drivers are providing a LOT of capital by providing the vehicles. At current pricing, or anything near it, Uber's business model simply does not work. My thought was for a distant future where there are no human drivers and the business of these guys changes to dispatch & operation as a service for whoever winds up providing the vehicles. Just noodling around on a scenario that I'll likely never live long enough to see.

I think it scales if & when autonomous driving takes hold. You buy shares to pass on to your grandkids. edit: I meant re: Uber & Lyft.

Anecdote ALERT: My neighbor owns a paint & body shop. He told me this morning, that he was GIVEN 10 weeks worth of payroll with no strings attached. On another note, the boat launch down the street from me was barren yesterday for the 1st time in months. Everyone must be back at work.

Name it, what did he do wrong? Tell us. You're being trolled by punks who enjoy eliciting reactions without threat of losing their teeth.

It's a test. When we stop noticing the lies and stupidity, the GOP can make their big move. The pandemic has provided the perfect setup for grifters to step up. Plenty of sheeple bleating to be shorn. --- Make Authoritarianism Great Again

His phone rings and his broker is on the phone “I know, I had 48 hours to put the cash in. Just liquidate the Goldman position then.” --- For the past fifteen years Jared Lewis has been cautiously optimistic on all twenty companies he covers. “I could be super bullish on this one stock but according to sell side rules I pretty much have to be cautiously optimistic on everything. https://thestonkmarket.com/sell-side-analyst-im-recklessly-optimistic-for-q2-earnings/ --- A lot of the headlines look promising but lead to dead links, unfortunately. I love the pop-up.

If this clown gets another 4 years, we are right & truly fucked.

Absolutely

Pareto principal?

Saying these things does not make them true, but that's never stopped you faux conservatives from spewing lies. BTW, you can consider it a smug little victory when I don't respond to your next bullshit troll post.

To say that Liberty doen't think Taiwan should have liberty is an insult to intelligence. Typical neo-con retort. Didn't he call me naive when I said liberty would win? You faux conservatives just love twisting peoples words. You must be exhausted. Twisting people's words? How? I simply said that if war to occur then Taiwan would be allies. Liberty said no one would win. I said liberty would win. What do you guys think the best course of action is? I’ll probably never learn to not feed trolls but this is my last morsel for you.

To say that Liberty doen't think Taiwan should have liberty is an insult to intelligence. Typical neo-con retort. Didn't he call me naive when I said liberty would win? You faux conservatives just love twisting peoples words. You must be exhausted.

When the facts change, you change your mind, sir. The world is filled with hope on thin air. Vaccine news is either cheerleading by the administration, pharma co‘s pitching their businesses to shareholders, or pharma team‘s soliciting budget. Buffett said it - a crisis doesn‘t fold out over a couple of weeks. The wheel started turning, and there will be second and third order effects (and so on). Whoever talks about an „artificial“ recession (because it was caused my a „planned“ shutdown) is also the one who values businesses on the basis of „earnings as if Corona never happened“ Liquidity doesn‘t fix valuations... We just need to be patient... Ira Flatow's Science Friday was exceptionally good today. www.sciencefriday.com/person/ira-flatow/ They spent quite a bit of time debunking nonsense & discussing what we know, and more importantly, what we don't know about COVID.

To say that Liberty doen't think Taiwan should have liberty is an insult to intelligence. Typical neo-con retort.

www.pbs.org/newshour/science/biggest-u-s-solar-project-approved-in-nevada-despite-critics

I went home with a waitress the way I always do How was I to know she was with the Russians, too? I was gambling in havana, I took a little risk Send lawyers, guns, and money Dad, get me out of this, hiyah! An innocent bystander Somehow I got stuck between a rock and a hard place And I'm down on my luck Yes, I'm down on my luck Well, I'm down on my luck I'm hiding in honduras, I'm a desperate man Send lawyers, guns, and money The shit has hit the fan Send lawyers, guns, and money Send lawyers, guns, and money Send lawyers, guns, and money, hiyah! Send lawyers, guns, and money, ow!

I doubled my ABEV today. ;) You should send Spek a case of beer to help with the coming pain ;) I kid. ;D They've maintained double digit ROA's & ROE's for more than a decade & returned gobs of money to shareholders. That said, volumes are down double digits & looking worse for the coming months. People will eventually start boozing it up again & I think ABEV's clean balance sheet should hold them over. I made money on ABEV before with a cost basis that was slightly more than double what I own now. (historical performance is no guarantee of future returns but...) edit: We'll see if I can still defend the purchase in a year ???