Jaygo

Blue Jays Playoff tickets. 2 wild card games and game 4 for the next round.

How do you think the would the market price that in? Any semblance of growth would get rebid?

Covered call who? I'm more than happy to pick up dribs and drabs of extra stock here and there. The main reason I do this with my boring stalwart holdings is because Im accumulating them and they dont tend to move too quickly on news so its more market sentiment timing and less business items moving the stock. Realistically if Brk ran away and we were in a bull market id just buy it higher and not worry. I originally bought in the low 1 hundreds and up and up since then. 230 before covid and 168 during. Higher or lower i dont care. I just want the total number of B shares in my hands to go up year after year. These trades make that happen more often than not. My new shiny object is a brand with alot of volatility outside of market sentiment so I wont dare trade it. I expect to buy up and down from here for the next decade as the market whipsaws and it will most likely whipsaw more than the market. The idea is accumulation so I wont trade it since it could shoot up materially and i dont want to be faced with some sort of mind freeze.

I do it all the time in my registered accounts. I figure that if I can lower my cost or get more shares than it’s a bonus. I only do it with holdings that I intend to keep forever so if I’m loosing on a trade I don’t care one bit. I’d say I’m at about a 70% success rate. I do it with brk, Amazon, suncor and csu most often. I have done it with msge a few times as well which has shaved about $16 off my average of $66. one success story was that I sold brk at 323 or so. Sweated hard as it hit 360 but got back in in the low 300’s. Made about 4K round trip. I now have 13 extra shares in my long term holding.

A book that is based on the the Spartan culture and the battle at Thermopylae against the Persian invasion. The book is in an interesting format. It is told by the soul survivor of the Spartan 300 battle group after the battle at the Hell Gate. He is recounting his tale to the Persian King Xerxes himself. It is essentially the story from the movie 300 but it is very detailed. As far a historical fiction goes this book has a elevated tone of philosophy and leadership lessons in it. An excellent read and would definitely put it on my recommendation list going forward.

Bought some google, I give these guys a little over a grand a month and i am a microscopic company. I cant imagine ever stopping this advertising unless a far superior competitor comes up. Other than fuel this is my largest expense after labour. Figure i should start clawing it back, Own what you know kind of thing. This may be highly flawed reasoning but I like that they are not relying on China for their growth like starbucks and many other global American companies have been. Alos bought a bit of TJX and added more Aritzia too. I figure they are both great companies, well run and growing, with people going back to the office these guys should do ok short term, if not I dont really care as I want to own more long term.

I would agree. He is more a speculator and sharp minded too so sprinkle in some charts and Math you get the swings in and out. an investor is someone like akre, Buffett, and lynch who buy businesses for their merit and only sell when the business no longer represents what you want to be an owner of.

We were on the east side in Lake Superior provincial park in Ontario. We Camped on the beach and did some canoeing inland with the kids on calm lakes. in one day we waded through waterfalls, canoed on a glass flat lake without seeing another soul for hours and then finished with a visit to an awesome crescent shaped beach like you see in the Caribbean. this was the cheapest most memorable trip I’ve taken.

Lake Superior is epic. The weather was perfect so that helps but most would not believe this is Ontario. An absolutely amazing trip with the family. the wilderness there is tough to beat from seclusion and raw Beauty

I am also going to lake superior provincial park in the second week of august, 4 nights at Agawa bay campground. It looks amazing

Cubs, this is the problem with high minded aholes like the above. He is willing sacrifice others under the guise of saving the world. Sure, maybe he does not use fossil fuels and is a role model for all of us, if not he should shut his trap because hypocrisy is a really bad look. Aside from the completely amoral idea of a few dictating the fate of the many, these people do not consider the lives and freedom of others or their plight. Sure lets tell starving people who dying today " dont worry, this will be good for our future grandchildren" CO2 caused global warming may or may not be a thing, Ive seen convincing studies showing both sides, some say we have the lowest CO2 levels in history and could just as easily slip into another ice age, some say fire and brimstone. I'm not smart nor stupid enough to say I know for sure. I do know pollution is bad and burning coal increases it and fills the air and ocean with mercury and we need to take steps to clean up our act. Good stewarship of fossil fuels will probably be the saving grace for humanity just like it has been since it started being used. Ask the whales if they were happy about the discovery of kerosene.

Gregmal and perhaps wabuffalo I am wholly in your camp here but sadly only theoretically, my gut tells me i am wrong and so are you. My problem is that as much as I agree the curent inflation is very much tied to poor leadership, more so that errors in policy could quickly be righted thus allowing goods and services to flow smoothly filling demand and adjusting prices to the market. What if the errors in policy dont go away? if you've read atlas shrugged this will feel eerily familiar. What if the people who are pulling the strings dont stop, what if they decide that farmers are evil profiteers next? example is somehow energy has become a dirty word, but people dont realize that they literally would not exist without cheap fossil fuels, no cheap fuel your ass would not be here nor would another 6 billion of your friends. If I am not mistaken the great depression causes come down to a massive waterfall of bad policy decisions globally that increased protectionism and killed animal spirits. Is that not the road we are on now? all of this talk of limiting exports, reshoring and the like are very similar to what they had then. Not a prediction nor prognostication but it rests in my mind to balance my feeling of a good economy once capitalism is allowed to get back to business.

I bought a bit of Aritzia, GFL, Smart centres, and Joe today. All current holdings but just adding on what seem to me like good prices when I had a slug of cash come in. I sold half my Brk at 331 on the way up and was in pain watching it get into the 360's I may just buy it all back now. I need to focus on work and am probably best putting my cash back in here and not watching the markets for a while. My customers are banging the door down so dicking around with stocks would be a poor waste of mental energy considering my trading portfolio size

Its very interesting. I am trying to build out a niche business right now. To be fair and honest with myself If i left the business shit would hit the fan so fast the terminal value would screech to a halt. Id take 1 x sales just for the existing customers. My mom thinks I am a business titan because I have some fortune 50 customers, my kids think im a janitor who is always dirty, my wife and my accountant knows im just another plumber, doctor, architect you name it job masquerading as a mini corp. Time for money or no money without the time. Ive always thought i could expand into a larger operation similar to what you are looking at and then I quickly ducked back into the comfortable dustbin I dared crawl out of. My worry with any of these acquisitions is that the customer and vendor relationship turns out to be the secret sauce, maybe that means better margins or outright customers leaving when the original vendor leaves. I hope it works out for you.

To add to the above, this is not the first time I have seen a surcharge disappear in the last week.

We buy about 100k per year in traffic paint. Last year there were some shortages due to lack of resins available from the cold weather in Texas. Prices went crazy if you could get it. We went from paying 17 bucks a gallon to being happy to pay 30. I explained the situation to my customers and have been adjusting prices upward as needed. The past couple years I have been making weekly calls to Sherwin Williams and ppg trying to get supply at any price. guess what, I got a call from ppg this week asking if I would need any paint this month. “Oh yes I would, how much by the way?” The rep tells me I can have as much as I need delivered for 19 a gallon! I guess it was transitory after all! I think gregmal is not far off on his call.

I think Gregmal does have a blind spot just like anyone who is young and hard working probably does. He is thinking if I can do it anyone can. The sad fact is he is partially right but a lot of people just didn't get taught this early in life. I have employees in their 20's complaining about going to work in the rain today. What the fuck, its literally water, suck it up. These guys will never make it because they lack the drive. I shed no tears for these lazy bastards who just want to play fortnight today. However before you say i'm just as blind as gregmal. My aunt is in her late 60's and is not altogether smart, sorry aunti. She is getting killed by inflation and frankly probably is lucky to have the job she has. She will not be using this market to improve her lot in life. She will just be a hell of a lot poorer next year. I think there is a pretty sizable population that is going to be getting crunched by this and will not have the ability to take advantage of it. Much bigger than any of us probably can estimate. Maybe their parents didn't instill the drive in them, maybe they are not too bright maybe they have a physical impediment that dont let them make 40 bucks an hour painting. In my mind, we have some horrendous leadership and this is being caused by them and their agendas, they dont care about the people who are getting hurt because they are the types who are truly blind. Most politicians are pure scum whether they intend to be or not. And i dont know what type is worse!

Wow Pupil That tree is worth a brag alone. If its a Japanese maple its may be worth 10k alone, knowing the house we bought in 2020 is our forever home I spent close to 1k for an Autumn Moon and Crimson queen Japonicus to grow into natural masterpieces we can appreciate for decades. .Love the white Muskoka chairs too.

I would not consider it at all, too much transactional costs. I own a decent brick home on 5 acres of hardwood forest 30 minutes from Toronto. This is my inflation hedge, my firewood supply, a roof over our heads and I run my business out of it. I hold a largish mortgage with 3 years until renewal. Wish it was longer term now that inflation is driving the Canadian 5 year up. Even if I knew of a 40 % drawdown on the horizon I dont think i would sell. Fuck it and ride the wave, plus I hate moving.

Sorry I should have said i'm speaking to downtown office stuff specifically. Suburban office parks are definitely hurting though. Maybe the campus style tech or R&D facilities are still busy but the bland office parks are going to find that the space is just not worth the money or they dont need as much space as expected.

My take is that office is going the way of AMC. In that I mean to say that the original idea is fading fast( watching movies or shuffling paper) What is more likely is that the majority of the sq footage gets changed into something else. The survivors will be the best space that encourages people to want to go for the "feel" Allied properties in Toronto is a great example. These are former warehouses turned into exciting event space / office environments that make you feel good, essentially the opposite of a cubicle farm. Im 37 when I was younger it was all about downtown fancy shit, now its farm weddings and brewing our own beer. Times change and people change but I sure as hell wouldn't want to go into a high-rise office ( corner penthouse excluded of course )