Xerxes
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Berkshire Hathaway 2025 First Quarter Report
Xerxes replied to John Hjorth's topic in Berkshire Hathaway
Did he forget comment on the operating Q1 results -
I asked Gemini, Grok and ChatGPT what time was BRK AGM looks like Gemini is getting CT mixed up with ET
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Looks like the King himself will come to Ottawa for the opening of the new Parliament Biggest transformation since WW2 on the economy. A+
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In your hypothetical scenario you didn’t specify military strikes, which makes it an attack by a NATO to a NATO member. in absence of a military subjugation, just economic coercion, I am not sure what UK has to say “formally”.
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back in March 2020, another analogy that was made was to compare it to Oct 2008 as the “crash” segment of the Covid downtown (that just happened) and the March 2009 “low VIX roll over” segment was yet to come …. But it never came, and of course looking back we can reason it by the size of the fiscal and monetary intervention Going with analogies if anything I think we will have a situation like 2008-09 double segment rather than 2020 single segment V-recovery
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Annexation will have nothing formal to do with United Kingdoms in my view
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in what sense; are we taking about an actual military attack to overthrow Ottawa. That is highly unlikely. An actual submission by the people of Canada (also highly unlikely) to become part of United States has no bearing on the United Kingdoms. Except that the King will lose his part time job as a royal person. But nothing to do with UK. That said the more likely scenario is that United States will be violate Canadian sovereignty when it comes to North West Passage, our water, our air, our border. The usual run of the mill imperialist stuff that United States does when it feels throwing around it weight.
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I think it is completely independent from United Kingdom. No further action required from London in that hypothetical case. Not exactly the same, but I would compare this to King’ duty pre-1947 as emperor of India. Same person as the sovereign but two different sovereignty, as India was considered as a distinct empire. Queen Victoria became empress of India mid-1850s displacing the Moghul emperor and post independence the new Federal Government in Delhi displaced George VI as emperor and took up his duties. In an hypothetical case, that UK somehow became a republic pre-1947 and overthrow the monarchy, King would have continued his duty as emperor of India. As one was not related to the other.
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Trump last night tweet about our election seemed so deranged and funny at the same time. Re Reading the tweet this morning it is almost as if he is thinking he was running alongside Pierre and Mark.
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It affects the King as a royal person, but not as a King of GB and Northern Ireland. Said differently, we share the same mortal as our head of state, but his duty one side of the pond has no relevance to his titles and duties on the other side. If UK ever to become a republic, Charles III will continue to be King of Canada. If Northern Ireland were to be reunited with Ireland, than there is a material scope change on his current duty as King of GB.
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Movies and TV shows (general recommendation thread)
Xerxes replied to Liberty's topic in General Discussion
I recommend Noble House on Prime. based James Clavell novel, covering the family dynasty and its business in Asia. -
Hongkong Land at 125 - Hongkong Land Holdings Limited
Xerxes replied to John Hjorth's topic in Books
I noticed that Amazon Prime has put back The Noble House mini-TV series. It is based on James Clavell fourth novel if my count is correct. Follows the “renamed” trading company in Hong Kong in 1960s but set in 1980s in the show. As per wiki the building that is depicted a lot in the show is indeed the former HQ of House of Jardine. It is pretty good. https://en.m.wikipedia.org/wiki/Noble_House_(miniseries) -
What are these Republicans, like Kennedy, yapping about someone else sovereign land make up your mind are you retreating behind a big beautiful golden dome or the global project continues
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thank you so the trick is to keep your global assets below $5M USD, … or alternatively know where you will meet your end, just don’t go there ,,,, or know when you will meet your end and sell all U.S. assets two days before. reading the link you shared, I think the $5.4M USD is the aggregate global assets limit, that if breached triggers the second condition. The way you wrote it is as if the $5.4 is only U.S. assets limit. I don’t think that is correct. If so than why have a $60,000 USD trigger as the first condition.
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@bizaro86 I have never heard of “estate tax” for non-US person. Is that for dividend or capital gain ? There is already a structure place via withholding tax for dividends. So that leaves capital gain I hold all my U.S. holdings in RRSP.
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All good. I appreciate the pushback.
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Based on GROK A platform owned by Pierre’ fanboy on the things he opposed and his new ideas: The only useful thing I see is his push for the natural gas pipeline. The TFSA thing is ridiculous. While I dont mind the extra room in the TFSA, the pitch that it brings capital to Canadian industries is ludicrous. For the most part that extra money is better be spend in the real economy. Far greater benefit for the society. But the selfish me wants the extra room for TFSA. -///—- • Poilievre has consistently opposed the carbon tax, arguing it increases living costs for Canadians. His advocacy, including a 2023 motion, pressured the Liberal government to pause the consumer portion of the carbon tax, a move he celebrated as a win for affordability. • He voted against expanding the Canada Pension Plan (CPP) in 2016, opposing a significant enhancement that increased benefits by 33%, aligning with financial industry interests over broader worker benefits. • He opposed raising the Old Age Security (OAS) eligibility age from 65 to 67 in 2012 and voted against a 10% OAS increase for seniors over 75 in 2021, citing fiscal concerns. • Poilievre has voted against affordable housing initiatives multiple times (2006, 2009, 2010, 2013, 2014, 2018, 2019) and, as Housing Minister under Harper, oversaw policies that critics claim allowed 800,000 affordable rental units to be sold to corporate landlords. He has also proposed terminating the federal Housing Accelerator Fund, which supports municipal housing construction. 4. Recent Policy Proposals: • In 2025, Poilievre proposed increasing the Tax-Free Savings Account (TFSA) contribution limit by $5,000 annually, but only for investments in Canadian companies, framing it as a “Canada First” policy to boost domestic economic growth and counter U.S. economic pressures. • He has promised to scrap the Liberal government’s single-use plastics ban, including restoring plastic straws, and to build a natural gas pipeline from Alberta to Quebec to enhance energy independence. • Poilievre has advocated for harsher penalties for drug-related crimes, proposing life sentences for fentanyl traffickers to address the opioid crisis.
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I am glad you enjoyed your trip to Montreal. I lived here for +30 years. Come back again in summer. It just gets better.
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Poilievre is career politician whereas Carney is not. Sure the latter served for the government as governor of the central bank. But I value his experience, network, far more than Poilievre when it comes to reorienting the Canadian economy. I am not a fan of globalist, part of the reason why I did like Trump, but globalist is what Canada needs, not backward we-will-unban-plastic-straw conservative. What does Pierre got ? Trumpism (until backfired); Carbon tax (no longer an issue), Trudeau (no longer there). What exactly he got to offer to push Canada more toward Europe.
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These seem to be reasonable. so what with all the noise coming out of your media ?
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I was (and perhaps able to still be) on Trump camp, but he lost me when he started attacking Canada. Putting my own selfish Canadian interests aside, I just hope (for you) the pillars of your Republic are strong enough to withstand the wrecking ball that is swinging from extreme left to extreme right and back again, every four years.
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yeap. Guess what. American conservatives were also nothing like the MAGA movement. But here we are. Things can change really fast. Next thing you know they all going to carry their Maoist Little Red Book describing the Leader Thoughts so that they have it handy. Carney is the right person to reorient Canada to Europe. Not Pierre who will just hug United States even closer. Could I be wrong about Pierre ? Maybe. But that is his problem. He should learn to be himself next time and not acting like an idiot. Branding matters. Do conservatives have good ideas. Of course. I like the conservative when it comes trade, fiscal policies etc. That is huge plus over the Liberals. Unfortunately nowadays fiscally responsible conservatives come with extra package of being socially retard. I yearn for the day that we will have a party that has the best of the two extremes.
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If Mike Carney was conservative, I would gladly vote for conservative. I vote for the person and not the party. Today’s Canadian conservatives are not the good old cold fiscally responsible party. They are ideologically driven Trump timbits wanting to let loose their inner Maoist. I saw a clip of Trump’s staff meeting, how everyone in the cabinet had to kowtow to the get Great Leader and tell him how amazing this. We don’t want that Pyongyang-style shit North of the border.
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Pretty good interview the two times Master of Coin.
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I disagree just on the point of Airbus doing what Boeing did on Aftermarket. Not going to happen in my view. All hands on deck on getting the narrow body rate to +70 per month. And dealing with Airbus’ work packages coming from Spirits Aerosystems. They won’t make the mistake that Boeing made by distracting themselves by building up an Aftermarket business. Maybe later, while dropping the ball on the main business.
