Grafter

A tracking position in Agm. As has been compounding at high teens for years, but levered thirty times will do that. Will be interesting with all of the things going on in the farming arena as well as rate drops.

Yeap, over the taxable estate limit, there are lots of tools, depending on the situation. Usually fall into one of the following camps: sqeeuze (such as using family limited partnership and attempting to maximize valuation discounts, such as minority interest or liquidity discounts), freezing (to freeze asset valuation and getting future appreciation outside of the estate, such as with grats, Idgt, and other trust or entities) and burning (spending down, such as maxing out annual gifting limits and paying for things outside of gifting limits).

Creating a place holder for this upcoming book. It was written by Oddbjørn Dybvad, one of the principals of REQ, a Nordic fund. It was just listed for pre-order at Amazon, with an expected publish date of 9/2/25. It is through a self-publisher, so only a kindle version is available so far, but I've pre-ordered it. I got interested in Mr. Dybvad, from @John Hjorth posts about his other book, Investing in Value Creators, which is currently out of print (which I believe was in the Good to Great book thread). His firm has multiple shareholder letters out on their website at https://req.no/investments-listed-equities/ (Lessons from Acquistion driven Compounders and Deep Dive). As well as was a guess on the Investing by the Books podcast, https://www.youtube.com/watch?v=eIMThphZFDg which was worth a listen.

A bunch of amrz

Actually, ira s are tax exempt account, as there is no current tax on allowed activity within the account. Allowed items are largely portfolio income (interest, dividends and cap gains). Unallowed items are ubti, such as trade or business income. As otherwise I put put my consulting business inside of my ira, creating an unfair advantage against any other business that has to pay income tax on its profits. https://rsmus.com/insights/services/business-tax/iras-are-subject-to-the-unrelated-business-income-tax.html

Had a lowball at $1305 for Fairfax that finally hit.

Mostly I read the write ups both here and on the dealership industry (I think both lad and ABC over at vic) and believe that directionally either would do. And then on pull back, dip my toes and usually then sell itm calls on it, which have hefty premiums.

Some abg

Thinking about dhr, as it is near 52 week lows. But unsure for the reason yet, so need to dig in.

I will be watching and potentially looking to do so. But then, I'm also a johnny come lately to the Fairfax story.

Dhi and bldr .

Thank you for checking and the update John.

American. So any assistance in finding it would be appreciated. As nothing on Amazon that I could find, nor ebay. Blurb, the publisher, appears to be a print on demand outfit, bot nothing there I could find. Per google, There are a handful of places I could find, like Laguna beach books or Booksonb, that I have never heard of and who knows if legit.

If you are offering, I too would be interested. As I found that same podcast and it was a good listen (and I like collecting oddball, niche books).

Bought some abg after the recent drop. But then I trade in and out of it due to the violatity.