Dinar

I haven't been following, what has she done? Thank you.

Kasparov is a pompous fool, he knows chess and probably nothing else! He can't pick wives (on number 3), and he is no strategist. Trump is not loyal to Putin, but US does not need to spend money on helping Ukraine, Germany needs Ukraine to fight, so Germany should pick up the tab. I said this two years ago, and will say it again, instead of sending weapons and money to Ukraine, offer every Russian serviceman who deserts and every Russian male/female between 20-40 who leaves Russia $50K and $5K respectively plus permanent residency in US/Canada/Germany. Watch Russian army and population melt away, and comrade Putin will have to negotiate. Instead, the pompous moron Garry wants hundreds of billions of US aid and hundreds of thousands of Russian and Ukrainian lives to be wasted while he is sitting on Upper West Side of Manhattan scratching himself and saying do I look like Napoleon or Bismark!

It should be offset by the higher discount factor on the insurance liabilities.

You just lie. 90-95% of Jews, all non-combatants, were killed in areas controlled by the Nazis in WWII. What % of Gaza's population that are non-combatants have been killed? 1%? How many non-combatants in Gaza were killed by Hamas? Jews were not shooting at Nazis in 1939 Poland or 1941 Ukraine. You want to end the war? Call for Hamas to surrender.

When Israel puts IDF or Mossad HQ under apartment buildings or hospitals, then you'd be correct. Until then, the answer is no.

No, at the right price, it is. The right price is when you assume that shares are actually warrants, and you want a pay-off associated with warrants.

My limited view is based on talking to dozens of kids from China who have received PhD degrees in math, physics, accounting, and operations in the US and who all have chosen to stay either in US or Western Europe. Not a single one chose to go back to China, including a few that won gold metals at International Math and Physics Olympiads. And your clearly well informed views are based on talking to millions of Europeans and Americans who have chosen to immigrate to China...

You have no idea about China. If are a Chinese national and China is so great, why do you live in Germany? If you are a European, why don't you live in Chinese paradise with no rule of law? If US opened its borders, 100MM+ Chinese would leave. US universities are full of kids from Beijing, Shanghai, who will do whatever it takes to stay in the US. If China is so great, why do millions of Chinese from Tier 1 cities flee it every year? You remind me of talking heads on Soviet TV who reported from Vienna or Paris or London and talked about how horrible life was in the West compared to Soviet Paradise. Investing in a country without a rule of law is gambling. Exactly the same arguments as you are using were made 20+ years ago about investing in Russia. I got one word for you - Yukos. If I can get a pay-off of 50 to 1, I will buy Tencent. But to make 3x my money in the best case scenario or lose 100% in the worst is idiotic. Good luck with your Kool-Aid, just spare us the Soviet Propangda - China is great, West sucks. Hundreds of millions of people in China disagree with you, but you of course know better, that's why you sit in Germany!

You have clearly never lived in under communism or a place with no rule of law. Any common peasant will tell you that rule of law is what matters. Who gives a damn about a shiny subway if you can be jailed and your property confiscated at any time and for any reason? Soviet metro was the best the world had ever seen, Soviet educational system was better than the one in US & UK, yet it was the Soviet Union that needed to have an Iron Curtain, lest 50% of the country depart. Rather than spout empty platitudes about the superiority of China, (and yes, I live in NYC and our government is insanely inefficient and corrupt), move to China for say five years and start by stating that Xi is an incompetent buffoon in a public square. Let's see what tune you will sing when you return.

For me, one very interesting comment was that even if CAT 4 hit Tampa directly, Fairfax would still have an underwriting profit for the year. Another was that interest and dividend income are running at $2.5bn per annum, vs $2.2bn previously stated.

Ha! What the immigrants from the former USSR do in the US, in terms of milking the system is insane! You are 100% right.

Gee, and I thought that millions of Muslim immigrants + insane amount of regulation is a winning recipe!

Chubb just reported. Results seem very good to me.

None. Soviet leaders liked their perks. Communists only understand force.

Common, you know that it was all directed, financed, advised supplied from Moscow and Peking. Soviet air force pilots fought in Vietnam. It is such a pity that Truman did not let MacArthur nuke Chinese army crossing the Yalu river. There would be no North Korea today, with its constant threats to the West globally.

Look at the number of home health aids in NY for instance, not government per se, but paid by the government. It exploded in the last few years. Or gov't spending on homeless in NY and other areas - it is going through the roof in NYC but none of the jobs are technically gov't.

You just lie. a) You stated that Israel controlled Gaza's borders, when challenged on showing proof that Israel controlled Gaza's border with Egypt say on October 6th 2023, you provided none and ignored the question. b) You stated that Israel required all people born in Gaza to register with Israeli authorities. When challenged you provided the link that does contradicts your assertion. It requires registry if someone wants to enter Israel. It does not require someone who wants to stay in Gaza strip or go anywhere but Israel to register! Every country requires you to register before you can enter it, and each country can and does set whatever requirements it wants. For instance, a Jew cannot enter Saudi Arabia.

Israel did not control the borders of Gaza. Provide proof that Israel controlled the border between Gaza and Egypt. Provide proof that anybody born in Gaza had to register with Israel. As for cutting off food, water, etc, name one war where one party provided it to another!

Who do you work for? Have not seen too many people with 9 to 17, with an hour for lunch and ability to leave at 4 pm on a Friday.

UNRWA has been warning of starvation in Gaza for a year, how many people have died of starvation there? Who is killing the people trying to flee? UNRWA food supplies are given to Hamas, so cry me a river. What does Mr Lazzarini suggest? I have not heard one UN official call for Hamas to surrender. Israel is not preventing anything from reaching Gaza. Israel is NOT obligated to allow anybody to cross its territory to supply Gaza. There is a difference between Israel not allowing passage through its territory and Israel blocking supplies. Why doesn't UN deliver food by air or by ship? What are your suggestions? How do you make sure that any food aid that reaches goes does not go Hamas terrorists? As for Israeli occupation: a) there was no Israeli occupation in Gaza for two decades; b) Arafat was offered 98% of the West Bank + Gaza, he turned it down; c) Jews have lived in Judea and Samaria and Israel for 3,000 years, Arabs are the invaders and occupiers. Look up anti-Jewish riots in the 1920s when Arabs killed hundreds of Jews in places like Hebron. You talk about apartheid. Read the Koran and the history of treatment of Christians and other non-Moslems by Moslems. Now that's apartheid, including higher taxes.

According to this definition, any war is genocide. Any siege, a method of warfare used since time immemorial is genocide. If Israel wanted to commit genocide, it would just stop all water, food and fuel deliver to Gaza and 2MM+ Arabs in Gaza would be dead within three months. Israel is the only country in the history of war that allows delivery of food and water to a county it is at war with. Siege and starvation has been a war tactic for millennia. If Bibi was smart, he would have stopped any and all food and water deliveries to Gaza and to any and all complaints said - we allow civilians to leave and once Hamas surrenders, we will not prevent Gaza Arabs from returning. But since you are so smart, how exactly would you wipe out Hamas & Hezbollah, too organizations dedicated to wiping Israel off the map. By the way, Khomeini stated that it would be worth to see 20% of the world's muslims die to wipe Israel off the map. Nice allies you got...

I see the stock at E 1.91, what am I missing?

This is idiotic. You need to factor in interest rates. 30 Year TIPS yield was north of 4%+inflation in 1990s, today it is around 2%+inflation. Also, CAPE (which is not a Shiller P/E but actually Ben Graham's invention) is a poor indicator if you have massive inflation like we did from 2019 to 2023. Stock market is overvalued when CAPE is 10 if you can buy TIPS at 10%+inflation or Class A real estate in markets with barriers to supply and favorable demographic at say 8% cap rate. It may be cheap at a 25 CAPE if TIPS are at 1%, cap rates are a 4.5%, and cash is yielding inflation+0.

Why wouldn't you move to New Zealand or Italy instead?

Could you please elaborate? (I am personally shocked at the fees that people are willing to pay.) Crappy in what way? Thank you.