hasilp89

this guy had laid it out pretty well. I did not partake but interesting to follow along. He has some good research. https://guastywinds.substack.com/p/short-idea-aurc-us-better-mortgage

Def normal. We started trying for #2 before #1 started tantrums. The only way, otherwise would have prob called it. I’ve spent a lot of time thinking about next phase ‘ it’ll get better.’ I’ve found that isnt a good way for me to live. I’m a neat freak, like order, have my own anxiety issues so the unexpected that pops at the young ages can throw my whole day off. I’ve learnt ways to cope primarily by being present and just enjoying it. I can work a bit harder when they’re 10 and they don’t wanna spend time with me any more. For now just embracing the chaos. and yeah it is good to know that everyone’s in the same boat. There are a bunch of good IG mom accounts that talk about the grind of little ones that put things in perspective for me. back to @stahleyp I think find what works for you. I have a hard time believing the ‘it’s gonna ruin them spiel’, they need love, if you’re tired and grumpy you ain’t gonna be doing that as well.

https://takingcarababies.com Used this for both kids (3 & 1.5). (Reordered and rewatched for the second one). Both started sleeping through the night in < 3 months. Was also helpful when they had regressions.

Know you’re not a fan of X but Bill posts the optimistic picture of the US economy there frequently. https://x.com/wabuffo/status/1692001921987387735?s=46&t=dzMMCHoSPQ2GLoa1fBdN_Q Savings seem fine vs 2019? Doom and gloom make for better headlines though.

these are great @gfp thank you for sharing.

That was actually one of my take aways from the book - there’s no cliff notes to longevity and wellness.

+1

I enjoyed the book as well. Have followed his podcasts/posts on and off over the years. They can be quite technical but appreciated his simplicity in the book. I appreciate his non guru-ness and that he sticks to data and acknowledges the unknowns. the last chapter on mental health was eye opening as well. Put a lot some things in perspective for me. Went back and listened to his podcast with terry real and ordered that book also.

where did you see this. googled around and couldn't fine anything. I may be missing something!

Thank you!

didn't want to start a new topic so posting here as its tangential to above. Anyone have recs for good business newspapers in Canada and the UK?

@kab60 have you ever looked at howdens?

surprises me that folks stick so strongly to this narrative. Seems hypocritical given how man other things that the saudis are involved in that are not under scrutiny. What about the $3b investment in activision. $2b investment in Uber. The list goes on.

I initially felt that same "respect" but then i imagined what i would do PGA: Average Pro is on the road 40 weeks a year to make $1.5M/year LIV: 14 Events a year - significantly more money year. Its easy to turn up a nose at the "take care of family" but when you consider that golf is very hard and that staying good is also very hard and that although you can age better than with most other sports its still very damn hard to keep up, there are also physical injuries and mental issues (henrik stenson). There are no guarantees how long that $1.5m/year goes on. Easy for Rory/Tiger to take high ground, but for most other players it makes a lot of sense. That said it may fall back on them - https://www.si.com/golf/news/jimmy-dunne-the-architect-of-the-pga-tour-liv-golf-deal-lays-out-the-details

Dustin said it best in the netflix documentary (below). I don't feel bad for any of them. They all get paid lots of money to play golf. They don't work in coal mines. “For me, it was playing less, making more money. Pretty simple. If someone offered anyone a job, doing the same thing they’re already doing, but less time at the office and they’re going to pay them more, pretty sure you’re going to take it. And something is wrong with you if you didn’t.” There is a lot of gripe currently with the announcement this week. Think there is a lot that still needs to come out. Legal mess PGA had gotten itself into over antitrust is now gone, likely we underestimate where that may have been heading. Unclear if there are clawbacks for LIV players. At the end of the day more money is coming into the game, should be good for the players, or at least the good ones.

thank you @jbwent63 makes sense on the intangibles i had found a good thread on twitter breaking it down b/w insurance and non insurance businesses I had it backwards on NCI - thank you for clarifying.

dumb question. Balance Sheet common equity is $18.6B which is where the $803/ share number comes from. Why don't folks 1 .subtract goodwill / intangibles 2. Add back Non Controlling Interests - Don't these reflect the carrying value of investments FFH has made that are not otherwise consolidated - if so their value belongs to equity holders right?

an answer on this topic that made me chuckle - believe it was in response to being asked about enjoying what he does (paraphrasing) ”some days I have stuff to do, some days I don’t, at the least I can roll some t-bills”

It was a joke (but a not very good one)

lol i'm not tryna start a panic on cobf.

I'm sure others are seeing it as well but we had our two primary deposit banks (both top 50 regionals) offer 3%+ deposit rates this morning (from close to 0). Wouldn't ever have had concerns about the safety of these two institutions. My assumption is they're offering this to many clients to stem the fear of panic/runs and its likely most are doing this. While it doesn't allay the fear of having uninsured deposits the assumption is it helps retain deposits across the board. Either way NII is going to get demolished over the next 12 months right? I can't see the case for buying any of these with how much uncertainty there is now. Sure prices have come down but you're betting on human behavior that could end up being irrational and panicked.

here's some other stuff saluki https://www.good-investing.net/event/berkshire-hathaway-annual-shareholders-meeting-2023/ What can I do besides the Berkshire AGM 2023 in Omaha? There are plenty of exciting events you could join in Omaha. Many are free. Here we share a great selection of them: Which other investing events can I join? Various investor events will happen in the week of the Berkshire Hathaway Annual Shareholders Meeting 2023. Here are some examples of events you can RSVP to: The Good Investing Events From Wednesday to Monday, we organize many community events with our community Good Investing Plus in Omaha. If you are an ambitious, passionate, and kind investor looking for an investing community to enjoy Omaha and network with global investors, please Apply here Good Investing Emerging Managers Meeting On Friday, 05 May, we invite all (soon-to-be) Emerging Managers to the Good Investing Emerging Managers Networking Meeting 2023. The casual event takes place from 3 PM to 6 PM. If you are a (soon-to-be) Emerging Fund Manager, please register here and learn more about the event in this video: Gabelli Value Investing Conference On Friday, 05 May, Gabelli invites you to the Gabelli Omaha conference. The conference takes place from 9 AM to noon. Learn more here and in this video: Willow Oak After Berkshire Meeting On Saturday, 06 May, Willow Oak Asset Management hosts an event for Emerging Managers after the Berkshire Hathaway Annual Shareholders Meeting. The After Berkshire Meeting starts at 5:30 PM. Learn more here and in this video: Markel Omaha Brunch On Sunday, from 10 AM to 12 AM, the Markel Omaha Brunch 2023 will happen. It is highly worth visiting it. Learn more here and in this video: Other interesting investing events There are also other exciting investing events: The CFA Society Nebraska is holding the Value Investing Dinner on Thursday, 04 May, from 5:30 PM. Vitaliy Katsenelson is hosting an intimate Investing Breakfast on Friday, 05 May, from 8:00 AM. The Heilbrunn Center is hosting “From Graham to Buffett and Beyond” Dinner on Friday, 05 May, from 6 PM. Dutch-speaking investors meet for drinks in Hilton Omaha (ground floor bar) on Saturday, 06 May, after the AGM. The Investor’s Podcast offers public networking events throughout the weekend. During the week, the exclusive Value Investor Conference takes place.

So it seems like the issue is depositors want insured deposits + higher rates. Banks want low cost deposits + want to avoid runs. Anyone familiar with the insured deposit sweep. Seems like it or something like it solves the problem (although at the expense of NIMs for banks) Bank has its assets. Customers has its higher yield. it’s somewhat infuriating how difficult banks have made treasury mgmt. opening a fidelity account with checking and having it sit in spaxx seems so easy that everyone should be able to do it. https://www.umb.com/institutional-banking/investor-banking-services/fdic-sweep-program

think it was the CEO of Truist Securities not the bank.

whats the thinking on procore Greg? Never looked into it but have seen it used by GC's and know it is invaluable in making the process efficient. on the face of it looks like they don't make money though - could be missing something.