Cod Liver Oil

More Nintendo. Now have an egregious amount. They probably named a conference room after me by now. We own the locals and the ADR. Is anyone hedging the yen?

@Gregmal I actually like the waiting for the balance sheet geyser to erupt. Let’s see if Nintendo can explode from all the value building pressure!!!!

Bought a few shares of PARA for amusement only and added to PM because ZYN is going parabolic and IQOS will probably be ok. Can someone tell me if Tucker Carlson is being paid?

@John Hjorth you seem like a pretty chill Dane. Do you own any Chinese companies or are you not entertained? I am not interested in the political stuff, only the returns.

I put 5% each in PM and MMM. Ill probably sell some calls against the growthier names and let the toxic stuff continue to outgas dividends.

Does it make sense to sell calls against the portfolio in the non-taxable foundation accounts as a way to increase yield?

Capitalists, I am running a couple of non-taxable foundation accounts which need to give away 5% of assets pa.. 90% of the funds are invested the same ideas as our taxable accounts but I would like to put 10%-20% in dividend oriented investments. If you have any solid yield ideas, I would love to hear them. I am well aware that more money has been lost in the pursuit of yield than at the point of a gun so I may be slightly paranoid. Thank you! Currently looking at PM, MMM, BNS.TO, Pernod, Remy , CLPR, DEO, Kering, TESB.BR, NEN.

@ArminvanBuyout Spot and Coupang both have fanatic founder/owner/operators. Both are dominant franchises very hard to disrupt. Both obsessed with the consumer experience. Its unclear in both situations how they will use their platform to achieve real margins so they are (Spot was at $100) priced with some justifiable skepticism. Imo, Ek and Bom will create the levers to tune the platforms to become fcf machines. They have both built remarkable services which have become verbs in consumers lives. If they dont, the downside seems priced in. If they can move the businesses into harvest mode, the stocks will do great. Ek and Bom are unicorn entrepreneurs in their prime who will probably win. I love busted IPOs where the business is getting better but the stock is going nowhere.

Coupang because it reminds me more and more of Spotify at 100.

adding to ebay due to embarrassing cap shrinkage.

Mike, This is a big number!!!! Can you post a link to the cost? I am confused about our immigration policies. Do we have any? What is the rationale?

adding to Odet.

Yes, yes, yes this is a very good heuristic. If you are using a microscope, you are in the wrong profession. For instance, it seems obvious that Nintendo, Joe, FRPH and Alphabet will grow nicely over the next 5 years and the stocks should do ok.

Adding to eBay then going to the gym to decide how to size it. Seems unreasonably cheap at 40.

Thank you to Sanjeev to putting together this unique community. I enjoy it every day. If anyone is in West Palm Beach over the New Year, I would be happy to grab a coffee at Pumphouse and talk shop. https://pumphousecoffee.com/