DooDiligence

Everyone appears to be an asshole to someone else. There's plenty of opportunities to be an asshole. Everyone knows at least one asshole. Wealthy assholes get more visibility. -- Some parting thoughts on the subject from Zappa. Ram it, Ram it, Ram it, Ram it up your poop shoot. Don't fool yourself girl, it's going right up your poop chute. (Frank sure knew how to write lyrics, huh?) --- If your lucky, and enjoy this classic all the way to the end, Wynona's Big Brown Beaver by Primus might play. --- edit: Oh snap, speaking of assholes, "Too Many Puppies" played right after BBB. Les Claypool's got me thinking about taking up the bass.

Keith Moon & John Bonham are most definitely very, very skilled drummers, but my vote has got to be for Neil Peart. As for investing, what percentage of the general population was selling stocks at or near the lows of 2008/2009? I had several associates who would tell me that they were down 40%, and now was the time to be getting out! They were going to take their lumps and get out.... What really has me spooked is that some of these same people are now looking to get back in the market. Speaking of great drummers, we just lost one, Ginger Baker. https://www.npr.org/2019/10/06/765781758/ginger-baker-cream-drummer-and-force-of-nature-dies-at-80 Dude was a human metronome & absolutely nuts. RIP

An ass from any other financial class would smell as shit.

Also, will the charges for selling order flow go down & will legislation be introduced that makes it illegal?

Ya think? ;)

I was at the Chatuchak market in Bangkok & had stopped in a stall to buy some wind chimes. They were nice little ceramic designs & came wrapped in paper with handwritten Thai messages. Simple & elegant gifts. There was a sign stating the price for one, with a discount for three. I was getting a couple of dozen & the guy tried to give a bigger discount but I politely refused because they were already cheap as hell. Thai merchants often offer discounts without even being asked, if you're kind & are buying in quantity or if they recognize you from before. While the guy was bagging up my chimes, a woman stopped in & was all irate that she didn't get immediate attention. Then she proceeded to hammer the guy over the purchase of one chime. I told her she was chiseling the guy for the equivalent of about $0.25 & she acted like I was a liar. I've seen this over & over, especially with hotel receptionists where the rich "farang" isn't getting their way & resorts to being a twat. These are the times we live in & it's probably been the same throughout history with relatively wealthy individuals. I'd be willing to bet these types are non-existent on cobf.

:o IDK, airlines kill people by accident, occasionally, but Altria does it on purpose every day. --- I still think Bucees would be a nice little purchase that could be expanded on. The one that just opened at the Baldwin Beach Express, near Loxley, AL, is huge. They prohibit 18 wheelers & they're mobbed up every time I've stopped in. https://www.buc-ees.com/index.php --- Too bad he didn't get WhatABurger. I never see discount coupons for them. They don't need to run specials. https://www.nytimes.com/2019/06/20/us/texas-whataburger-chicago.html https://fortune.com/2014/12/29/byron-trott-billionaires-banker/ But you own MO? (I just bought 1.5% positions of MO last week) I do & as it says in my signature "I trumpet my ignorance" :D

:o IDK, airlines kill people by accident, occasionally, but Altria does it on purpose every day. --- I still think Bucees would be a nice little purchase that could be expanded on. The one that just opened at the Baldwin Beach Express, near Loxley, AL, is huge. They prohibit 18 wheelers & they're mobbed up every time I've stopped in. https://www.buc-ees.com/index.php --- Too bad he didn't get WhatABurger. I never see discount coupons for them. They don't need to run specials. https://www.nytimes.com/2019/06/20/us/texas-whataburger-chicago.html https://fortune.com/2014/12/29/byron-trott-billionaires-banker/

Yeah & although day trading doesn't fit my temperament, BRK seems to be a safe bet to do this with. Only problem is that when I buy under $200, with the intention of doing this, it goes up & I don't want to cut loose of any shares. Maybe if I got rid of the $200 anchor (and blind trust in management) & just started pulling the handle every day? Not really much stress in that.

So the consensus is "trade around core positions that you'd be OK owning in an extended downturn".

The new price of freedom. We are entitled to nothing.

You're not following the right people and/or muting the right keywords, then. Twitter is whatever you make of it, very maleable. I agree with you re: Twitter malleability. The problem comes when someone comments on a Trump Tweet, or one posted by a sycophant of his. I can't resist the urge to troll him (I know, grow up). I'd just love to be the guy who pushed him over the edge & I expect to be 1 of the 1st doors to get kicked in if the purges come about. Other than that, nearly all of the people I follow are very gracious & patient with my questionable contributions on financial discussions. The problem is with you, not them. You can't control others, but you can control yourself. Work on self-control skill. I'm not saying it's easy, but it's something to aim for (goals are more directions than destinations). And/or, mute the word "Trump". Problem solved. You are right. edit: I went through my muted keywords & found that they were all set to "From people you don’t follow" & that might be why I was still getting nonsense in my feed. I changed all muted keywords to "From anyone".

You're not following the right people and/or muting the right keywords, then. Twitter is whatever you make of it, very maleable. I agree with you re: Twitter malleability. The problem comes when someone comments on a Trump Tweet, or one posted by a sycophant of his. I can't resist the urge to troll him (I know, grow up). I'd just love to be the guy who pushed him over the edge & I expect to be 1 of the 1st doors to get kicked in if the purges come about. Other than that, nearly all of the people I follow are very gracious & patient with my questionable contributions on financial discussions.

Yep. This is where the adults have conversations. Twitter is for childish spats & I get sucked in over there a lot.

http://www.tunawish.com/images/money.gif

LOL edit: I probably deserve a big horse laugh at some of my suggestions too.

I was working for Petrol Marine at the time. They were owned by the Hunt Brothers, along with Penrod, Placid, Pumpkin Air & others. We were breaking depth records for setting anchors on semi-submersibles that were drilling in Green Canyon (that's where I trained on both the Kodiak I & II for deep water anchor work) & the Hunt Brothers were breaking the bank. I can't remember, but they must have had 6 or more of these things working (fishing the bouy spreads for Mahi Mahi was amazing). It took 4 boats to set & retrieve 8 anchors per semi (now you could do it with 2, but everyone uses dynamic positioning drill ships). It took 2 boats per anchor with 1 acting as chase boat (holding the anchor) & the other adding or removing extension wires to the chain (the rigs lacked enough storage capacity in their legs). At the time we only had one set of shark jaws & no pop-up pins. Now a boat will usually have 2 sets of shark jaws & 1 set of pop-ups with top locking pins which is way safer for the anchor crew. A lot of deep water technology came out of this project & they burnt up all of Daddy's cash to do it. https://www.nytimes.com/1987/09/27/magazine/the-hunt-brothers-battling-a-billion-dollar-debt.html https://www.chicagotribune.com/news/ct-xpm-1990-02-05-9001100692-story.html --- Will the Son implode in such spectacular fashion?

Thread on repos,

schmessisism?

Cigarbutt’s posts are almost always very well thought out and useful. I second that.

I wonder what Dan Gable thinks about colonoscopy. ::) Probably should read: If it's important, do it now. If you enjoy it, do it often. If it's not important & you don't enjoy it, don't do it at all. I'd put colonoscopies in the "unimportant & unenjoyable" column. I'll probably die of ass cancer.

Tremors before a big quake?

Couldn't AirBnB disrupt these guys without taking on risk?

In other news, https://dealbreaker.com/2019/08/goldman-sachs-apple-card-subprime-lending

I hear Dildo is really nice this time of year. A lot of people pushing to get in there.