villainx

I exited a mistake and put it in MGM. Thanks for the thread.

Listening to Compound podcast, and there was discussion that Berkshire sold out of the airline companies because Berkshire ownership would have impeded any possible covid bailout. One of the other host said that Buffett confirmed it. Is that true?

I don’t know about beating SP, but I do assume it’s viable. My friend “FIRE” for close to 7 years now, and he’s being doing options to sustain his retirement. He shared some strategies but while I don’t mind boosting my performance, it’s just too much for me. Plus I do assume being better at buy and hold would lead to better performance over time. I did ask him to manage some money with his strategy but he declined. Among reason was that sizing makes a difference for what he does. Not sure of his overall performance but I assume not bad because … even with FIRE he’s not cheap when we hang out and picks up a fair share of the tab.

No other commentary other than this might be partly survivor or winner bias?

You are making it hard for me to not click thru. Wonderful actor featured in many many memorable movies, due in large part to his acting.

thanks for this! so … Warren (and many posters here) still has a ways to go!

Thank you! Didn't even realized Rational Walk got dropped from my usual blog rotation. That Geico lizard sure is expensive!

Does Michael Fritzell post on this forum?

Feels more like - or a large part of it is that - BRK has permission to keep their holding if % goes up with the Japanese companies respective buybacks.

I'm kinda wondering what "technology" entails, or what it means to Buffet, Watsa and others. Is most of the Mag7 really "technology" technology? Is lots of stuff in Berkshire and Fairfax as "technology" as most other technology companies: like Digit, Berkshire Hathaway Energy, etc. Technology impacts are pretty much every facet of their investment and companies. And I'm looking at my own portfolio, I kinda feel I'm underweight "technology" technology. Anyway, this response kinda sounds like an ode to Brooklyn Investor.

Letter seems less dense than years/decades past, but really enjoyed it. Sounds like the Japanese trading companies enjoy Berkshire as a shareholder.

BlackBerry released streaming somewhere?

This seems like a sensible way to add or exit/trim. I don't know, between work and just following the companies I own or want to own, it's a little bit more work. At the same time, I've been telling myself to get more comfortable with the strategy and actually try it.

so maybe more dividends in taxable account, and run the option strategies in tax advantaged?

Reading this is kinda tells me I've been either doing this investing thing really badly or just straight out wrong.

Have some sympathy for folks that aren't aware of this forum and might ... be swayed by him?

!

If this is true, it's scary foresight. Scary in a good way.

On a personal note, I really feel like I'm living in a dream/simulation reality. It's like, there are these supposedly great compounders out there, constellation software, waste management, transdigm, costco, etc., and then I listen to a podcast, and what the heck, there's another great compounder that isn't some new flash in the pan company, but - like Cintas - has actually been around for decades and decades. Always something new or new to learn.

How has Cintas have such an outstanding absolute and relative to peer track record? Just heard about Cintas on Liberty's recent podcast and had to check out the company. edit: a bit of it is - quality driven? -multiple expansion.

What would you say is big? Or how much down?

Here are some off beat spots/experiences, that we went with family. I won't say it's deep, local knowledge, but I think more geared towards how locals would locally sightsee. Fukagawa Edo Museum, combined with Fukagawajuku Main Branch clam lunch next door Tokyo Metropolitan Government Building free observatory with lunch at their 32nd Floor Staff Cafeteria teamlabs Planets, not off beat but crowd pleaser and probably already on your list Kyoto Railway Museum, I thought it was great but not as much of a hit with my 10 year old. Kyo-Tofu Fujino at 11th floor of JR Kyoto Isetan, tofu focus but one of best meals during last trip animate Ikebukuro main store, since you mentioned anime

How old are kids?

@rogermunibond shared this on the Nintendo thread. Some folks that might not look there will appreciate this story here.

Oh right. That definitely has some influence.