hasilp89

38% YTD nice call @Dinar

Bill, if deficit spending were to drop (big if, but say DOGE + higher tax receipts gets us to a balanced budget) economy was growing ok would you expect yields to drop based no need for net new issuance of treasuries (although in that case you'd think the treasury might refund with more notes than bills). I know its a weird hypothetical but trying to see if my understanding of how things work (I'm half way through Wray) is directionally correct.

wasn't the apple sale pretty much announced at the AGM and then followed up on. Everything else aside from BAC is peanuts. Net change aside from Apple and BAC is meaningless.

interesting idea thanks for sharing.

I bought vornado early in 2023 and added more on the way down, have sold a lot of it but still own some. To me it was quality real estate, decent debt structure and penn. slg has also done well plenty of others. nlop was probably the fattest pitch over the last few years but I whiffed.

April 2023 was a good time for it.

Thanks will have to take a look

Have you looked at sigma-roc / any thoughts?

Zeg and Glv

that is hilarious. thank you for sharing.

Aren’t they launching a nicotine punch with Tucker Carlson?

someone bought some dominos.

Thanks @Spekulatius- Was it just due to good underwriting / good culture or something different?

How did you come across this bank? Have you followed for a while?

Interestingly Ben Graham was a proponent of this (multi-commodity backed currency) https://www.amazon.com/Commodities-Currency-Benjamin-Graham-Classics/dp/0070248060 https://www.ivey.uwo.ca/media/2826068/bengraham2ndsymposium-potvin-power-point-2009.pdf

tracks to what is disclosed in the supplement

Somebody asked 22%+ annualized since 2017

That amazing and glad you added Jaipur! The rest of the trip sounds amazing and hope you have a great time!

I’m US based so no impact to me. I doubt they’d cause issues for folks entering with a Canadian passport but you never know.

i think tepper answered all your points pretty well in his interview. It doesn't matter. hard for us fundamental value investors to get our heads around it but he's just using the common sense he has - Xi created buyers and no one is going to sell into that.

you’ve got communist china lending money for corporate buybacks and capitalist USA taxing buybacks and campaigning on unrealized capital gains taxes. Does make me think.

Gotcha, thanks!

Not sure I’m following?

Think this is my biggest miss over the last year. I own a little bit now, but was one to swing at last year.

are the headaches a buy at a certain price for you? ($SEG)