villainx

You mean after BIAL, then buyback episode, then wait for season two when there's BIAL ipo?

I really like Reddit, but don't know a good price to buy. It falls in the I use it frequently bucket, but I don't know.

Hope everyone had wonderful Xmas and or holiday.

Maybe this time it's different?

That there is an incentive fee? Or that incentive fee is paid while shares are at discount to BV? Or while taking an incentive fee they manager is also buying shares?

So no Politcal Posts? =P

I assume there will be rerating after catalyst, either Anchorage IPO or IDBI decision (win or lose).

I assume this statement is true?

Good basket of companies or etf?

My friend was recommending GDX for a long time, and reiterated just last week. Still have room to run?

Or small cap biotech!

The only person who wants to talk or know about our net worth is my spouse. I have minimal interest in where my actual numbers are because it wouldn't change anything about how I work, what I save or spend, or at this point, my investing process. My spouse loves talking about if we have this much, then it means we can do this or that, and in 5 years, we will have this much, and we can do this or that. And why can't we buy this or that, or where we can retire too. Not that she's extravagant or wasteful, she just likes to daydream about FIRE. Of course, these are private conversations. I have to tell her about the seven lean years that can come at any time.

@TwoCitiesCapital originally going to say that your portfolio looks kinda strange, but I kinda get the theme or principle after looking up ATUSF and FMCCJ

Hope this eventually gets three year rec status too!

No pass from me, his beat was in finance, got to know your stuff. Then again, I haven't read book yet, but most folks here say it's more about narrative, and not enough on numbers.

Feel like I want to bottle everyone's UA take for 5 years later. Seems unusual use of capital but I don't know.

Heading to Denver to what reddit folks are saying mild weather. Unfortunately, family was planning to ski.

!!!!!!!!!

https://investor.ajg.com/events-and-presentations/event-details/2025/Arthur-J-Gallagher--Co-Investor-Meeting-with-Management-2025-snrP7Pbabw/default.aspx

I felt the guest was the problem, he wasn't an analyst or enthusiastic shareholder. Thomas just wasn't knowledgeable enough to engage in conversation. I normally am okay with this podcast, and listen to it depending on the guest. If host asks dumb questions or makes dumb statements, knowledgable guest should be able to set things straight. edit: i mean if @SafetyinNumbers was the guests, maybe not historical narrative, but the investment pluses and minuses would have been explained more fully, like he does here and other podcasts.

That would boost the post count in this thread too.

you mean those juicy management fees from FIH?!???!!!

you are saying FIH will own 3-7% of IDBI, putting in $400-$700 million USD depending on cash in addition to CSB bank stake, where other partners will put in $6.6 billion?

Just looking at FIH ownership % of investments: 15.2% IIFL Finance, 24.6% 5paisa, 27.3% IIFL Capital, 40% CSB Bank, and 42.9% Sanmar. So what are you thinking FIH actual ownership in IDBI win?

That doesn't seem like an all cash offer.