gfp

Got a ton of shares today! When it rains it pours

Finally got a bunch of order fills today after trying every day for weeks. Looks like $17.72 was the lowest I got executed on so far

yes it is three trading days of repurchase activity

Is that right that they are issuing Fairfax stock to the controlling stakeholders? I didn't see that part. I read all cash deal. edit: Oh I see you are probably referencing the equity in the private winemaker the sellers are retaining. Not the same thing as getting or issuing Fairfax shares

in 10 or 20 years

I run this one tiny separate account for free for a college friend of my Wife's and it's less than $60k. She has the best cost basis of CNSWF of anywhere I looked. It's a taxable account so not much trading at all for this account. Lets play: "are you diversified??"

To be fair, I own 5x as many CSU shares in Canada at the 2672 cost basis than I do CNSWF shares in USD at the 1702.87 basis. But I'll take it

I can't predict the future. I can only take and manage risk. My personal bet is that CSU has put in its bottom but I would expect some more consolidation under 3250 CAD. We have just been through a season of peak positive catalysts - earnings, the Annual Meeting, and a large open insider buying window. This coincided with a cooling of the "all software is dead no matter what" narrative into more of a pick your winners and losers narrative. Adobe and Salesforce kept going down but IGV as a whole tried to rally. At some point in a stock's bottoming process, investors shift from "did I buy too much of this too early?" to "is the bottom in and I don't own nearly enough of this, why didn't I build a proper position??" mindset. For me, I built my position, its big and taxable and I'm not going to sell anything here. Average cost basis is $1702.87 USD on CNSWF and $2672.095 CAD on CSU

In this case, I would expect the pattern to play out as expected by the pattern - Intel goes up sharply, basically uninterrupted. Now we watch and see what happens.

It's the thread everybody loves to hate! I posted this in the Intel thread but here is a very textbook "clean" bull flag pattern that has just broken out on a daily closing basis. Let's see what happens. For those that don't understand IB TWS, the greenish horizontal line is my average cost basis for this trade, which was entered based on the flag pattern not my deep knowledge of Intel's foundry business future success INTC, daily Weekly INTC

It's too bad, I was liking Fable 5 this week. My current favorite. It's shut off for now

And another https://www.sec.gov/Archives/edgar/data/1849253/000093888526000011/xslF345X03/wk-form4_1781215066.xml (founder of Ariel investments in Chicago)

I don't know the answer to that. I currently pay $22 per month to OpenAI, I paid $99 for a year of Gemini (limited time offer), and I paid something like $220 for year of Anthropic's Claude "Pro" I think Anthropic is the most disciplined about not giving away token usage for a big loss. I'm not investing in any of the model companies and it is possible that they end up a little like the Ford CEO shaking in his boots at the thought of Chinese cars entering the US auto market. So far, Anthropic has done very well finding paying customers and I personally can't imagine going back to lower tier or free versions of these subscriptions. These are a phenomenal value.

I know I would own more NVDA stock if he would cut it out with the leather jacket, that's for sure.

I've had a chance to try out Anthropic's "fable 5" model today and it is very very good - I've been impressed. It is expensive to run and they are only including it in my plan until June 22nd without paying more but progress marches on and I would reiterate that if you are not using the frontier models every day and you think you know what you are talking about when you opine about AI and this bubble and where things are headed, you are missing the plot. Use AI every day. get good at it. and then form an opinion that may be worth something