Paarslaars

MtGox is going to distribute the BTC, not dump it.

CEO seems to be the fall guy for the battery market not materializing as expected... though he was generally unliked by his management board, many senior executives had left the company over his time here because they found him difficult to work with. I don't understand the governments involvement...have to take a look at the laws surrounding M&A but I'm not sure 5% is enough to stop a takeover.

Yes indeed, they also betted originally (few years back) on the 'mid range' NMC like 622 instead of the high range one 811. They do have a new product coming up to compete with LFP, which is HLM (high lithium manganese), this should outperform LFP while being cheaper than NMC (but still more expensive than LFP). In my opinion this is a pure consumer based market, cheapest product will take over. So I do not have that much faith the battery division at this moment. So I agree that they would be better off just dropping the business, don't think that will be the way forward though. Mid year earnings are 26th of July, we'll know more then. However, I think the combined entity of recycling and catalyst are worth more than the current market cap... when I have some time I'll do a write up about it.

It's my employer so yes I follow it closely. They are fucking up in the battery materials business in my opinion which is dragging down the stock but the recycling and catalyst business are rock solid and these two are worth more than they current stock price.

UMI at 15€.

I'm 36 and we are also wondering if we should go for a third child. Due to a genetic condition of the oldest she does require more work so I'm already starting to feel my own neglect. Main problem is sleep though, with that comes the need for sugar to stay awake and that makes it all worse... If they would all just sleep nicely at night, a third would be an easy decision. But I'm not counting on that... ^^

Talk about FOMO

Sold my PARA 15$ calls today as they will become worthless when the new deal is accepted. First SAVE then PARA, I really need to learn to take a profit on these calls quickly and move on. Small loss now...

Yeah but who wants to get old if it means not eating meat.

Of butter and beef tallow it seems. For me it depends, I use olive oil for most things except with chicken I like to add butter and with steak some Wagyu beef tallow.

Good news for MSTR, guess they lobby well.

Bought back some prosus calls yesterday, great timing again.

I prefer 15min mobility routine, 40min workout (starting strength type), 10min stretch work. 3 times a week, the other 4 days I leave out the strength work. Cardio is overrated, just walk. Failed consistently meditating though... Really should give that a try again.

What I am trying to understand is why you have been nibbling on it the past months instead of loading up when the stock was below 12$ a few weeks ago

This! There is nothing I can think of that I would buy if I had 10M tomorrow that I can't buy today... Maybe little more Wagyu every once in a while. The only thing it would buy is freedom/time, that's where they value is for me.

This does highlight the stark difference between the U.S. and Europe. With high minimum wages, high taxes and good social security, the incentive to work hard to get ahead is a lot less here and it shows in the culture... It is also much harder here of course to actually get ahead with hard work because the government takes half of it... People get ahead here in three ways: Real estate (rent is not taxed and profit on real estate also isn't if the holding period is at least 5 years) Starting a business, lots of tax advantageous things to do, also when you sell your business you don't pay taxes on the gains. Investing, also no taxes except on dividends. Perhaps a bit shameful to say but I never really worked hard... I studied, became an engineer and ended up quite quickly in a comfortable 40-45h workweek with a substantially above average salary. I'm very efficient in what I do and good at determining which actions have value and which don't, this helped me to avoid actually working hard. Now at the point where capital returns outweigh savings... I started working even less. But this makes loans so valuable, because it frees up capital to invest. My first mortgage was at 1%, current one is at 2,5%. This is almost free money... Now my employer allows for me to take out a loan against my pension funds, interest free, don't even have to repay the principal... the only thing I have to pay is the 2% interest that they are obligated to add to the pension funds themselves. Thinking about taking it but my wife feels like I'm leveraging too much into investments and it scares her.

How does being debt free bring piece of mind? I never even think about my mortgage... Would be stressing over the opportunity cost if I didn't have one.

Traded some OXY for MSTR.

That is quite depressing...

Well daughters are a hell of a lot more expensive than women.

Yes I also forgot to mention, the company retirement plan I have is very good (no personal contributions, all by the company). I believe it's roughly 10 years of salary if you work there 40 years. Combined with our pensions (2k/month), the wife and I won't actually need any savings by the time we retire... it will all be plenty.

We live paycheck to paycheck and are very happy with this. Though I'm not american... I work 80% and my wife 60%, we got a massive mortgage so that we did not have to put up a lot of money up front and instead invest it. So we don't really save any money from our paycheck, we spend most of it leading a normal comfortable life and whatever is left we use for renovations. That said, our portfolio's combine to roughly 6 years of net annual salaries. The gains we realise on this (which are untaxed in my country) outweigh whatever we could save by working more because the tax rate on labor is so high (55% in the highest bracket, where I am).

Bought a Camp Chef Woodwind Pro, love it!

I think the consensus already proved to be correct when Nintendo almost hit the 9000 yen mark. (I am so posting Vegeta memes when it does, even though that is not their IP ) The fact that the switch got delayed by a couple of quarters really should not make any difference here... Just creates buying opportunities, though I have difficulties averaging up.

Also added a bit of CPNG