villainx

Wow, market really likes the MW Eat news!

That's like ~50-40 mil in sales? I'm rusty on my restaurant income statement.

Seems like Fairfax really likes the higher end restaurant space. How big is MW Eat? I've not eaten any any Fairfax place so far, mostly good?

Step 1: Buy stock Step 2: Get huge drawdown Step 3: ... Step 4: you are rich!

do you think delay in ipo is attempt to end exclusivity earlier?

Can be both too! I try to stay/enjoy being optimistic and I'm trying harder to pick my spots. Wait for Mr. Market's gifts.

I thought there's bunch more renovation (was in T1?) and possibly other large cap ex to spend on. Dividend is feasible?

Fees? JK!, I think there's reasons but the persistent discount is part of why thesis for FIH feels a little stuck. Thanks,

Can't say what happens if dividend is instituted, could lead to more demand for stock, and price to book can go higher. Right?

Damodaran has to be pretty bearish in general cuz he's tied to historical/academic numbers. But I could be completely wrong since I don't monitor him too closely.

(For a Canadian company,) that's when you know you messed up badly.

It's astounding the variety youtube and podcast out there that focus on a relatively narrow niche! Video suggest AISC claims/results should be monitored closely. Seems Orla Musselwhite AISC for quarter is still pretty high.

I'm on iPhone Safari, with no ad blocking. Isn't there always a place to press to minimize the ads?

I think so, I remember folks saying it's so on brand for them to report at max disinterest day/time.

Fairfax being Fairfax it wouldn't be out of possibility to dip below 1.3x book, or 1.2 or even lower. Fat pitches can gain weight and stay that way for a bit of time. I know we are all long term-ers, but sometimes short term stuff comes up. Anyway, let's see what Brett Horn has to say.

How outrageous? Like a lot of stock based compensation outrageous? The CEO is part of buyout, presumably he approved of the compensation levels ...

This is the plot of Get Out! Jokes aside - current reality vs belief that things will improve vs sometimes not remembering how things are different for others.

You beat me to the joke about Prem being a lurker here! You might check the folks following you too! =P

I assume the KW debt would be more like non recourse to the property anyway? edit for clarity

Does this mean there's a dilution when they convert? The partnership shares do have a sunset, that's the upon transfer part, right?

So does this mean that the Tax Receivable Agreement and dual class share structure does mean anything?

I thought mid December was the rally for the years favorite to show the good stocks the managers own. Doesn’t necessarily help the unloved, but that’s what the lore says.

Can someone elaborate on what RYAN's Tax Receivable Agreement and dual class share structure means? I try to avoid messy corporate set up like that, but sounds like it's not uncommon in some of these companies. Thanks.

This is scary!

what's the name of the podcast?