DooDiligence

"The common fallacies are usefully divided into three categories: Fallacies of Relevance, Fallacies of Unacceptable Premises, and Formal Fallacies. Many of these fallacies have Latin names, perhaps because medieval philosophers were particularly interested in informal logic. You don’t need to know the Latin names: what’s important is being able to recognize the fallacies." https://www.futurelearn.com/info/courses/logical-and-critical-thinking/0/steps/9131 The straw man made an appearance before this discussion got re-threaded. He is one of my least favorite characters.

My last 6 month policy with GEICO was $569 and I can't remember how much the increase for renewal was but it was enough to prompt me to investigate alternatives. My new Progressive policy is $446 for exactly the same coverage. All GEICO had to do was bump it a few bucks and I never would've looked elsewhere. I'm a safe driver and scored a 98 using GEICO's DriveEasy monitoring program. This doesn't bode well.

Sounds like the definition of modern governing and legislation.

Great summation and I totally agree. Nothings missing for anyone who's been following the businesses. WEB is old. Writing one of these reports demands a lot of time. I'm amazed he continues to do it with such originality.

I was curious as to whether the old guy repurposes material from previous years so I submitted the latest letter to TurnItIn. He gets an A. I always shoot for less than 10% similarity on essays too. Mine keep getting longer though.

Dark roast with chickory!

Berkshire nerds

The amazing thing about Zappa and the Mothers is that everything you hear is played exactly as written. No variation or improv (playing through normal mistakes, of course). He wrote orchestral pieces with pencil and paper.

This is the way. It's never been easier to do. I use Apple Notes for classwork, investments, home (I documented my entire sprinkler system in Notes, with photos), coins, music, tech guides and more. Making your own quick references teaches you how to do stuff.

BtS and OUoWS were a lot of peoples first books.

Same. I'm not a wiggle watcher but if this follows recent trends I'll be happy to make it a 3% position as it drops. I read the entire Citi thread over the past week. Thanks to all the contributors. Misery loves company.

My next 6 month policy with GEICO went up about $150., which wouldn't be so bad but Progressive offered a policy that was $150 cheaper than GEICO before the increase, for virtually the same coverage limits. GEICO deductible was $500 and Progressive is $750. Increasing the GEICO deductible to $1000 provided a laughably small decrease. I'm now a Progressive customer. I had used the GEICO app and enrolled in the DriveEasy program with a score of 98 out of 100 (no hard braking, good cornering and minimal distracted driving). I'm now signed up with Progressive's Snapshot app based driver monitoring program. I'll have to wait a week or so to see how the app presents data. This does not bode well for GEICO in the near term. Could be bad for Progressive if they're underpricing.

Wrong answers only. I didn't want to muck up the Berkshire category (again), so here it goes.

My big takeaway is don't watch CNBC, ever. Quality television finance bros died with Paul Kangas and Louis Rukeyser.

Marmon runs a pretty wide range of businesses that could get unwieldy with a single management team calling the shots. Reading through the website indicates that they run a decentralized management system with autonomous teams for the various business segments. Kind of like a Berkshire within a Berkshire. True or false?

Best M and A idea ever!

I've been largely avoiding the news. I see things haven't changed much.

I saw an old Rodney Dangerfield bit the other day where he was poking fun at hippies. "You can't tell the boys from the girls these days", yada, yada, yada. Social change is always occurring and people are constantly discomfited by it. Meanwhile, Disney keeps rolling along. Rowan and Martins Laugh-In lampooned all the same issues that we hear about today. The names have changed but the issues are the same. People want to be entertained.

The title of this thread sounds like an impatient grinder post.

Nice, thanks!

That's right up my LoFi alley.

Nearly everyone here knows the Dempster Mill story but here it is again as inspiration for the New Year. http://csinvesting.org/wp-content/uploads/2012/05/dempster_mills_manufacturing_case_study_bpls.pdf dempster_mills_manufacturing_case_study_bpls.pdf

I would like, but am unable to upvote this post.