gfp

I thought that was a riff on the old line gun owners used?

according to my quote services, FRFHF did touch $1000 this morning.

I was traumatized by the fire, "PacifiCorp's Fire" " The latest verdict on behalf of nine victims includes damages for both economic losses and emotional distress. The company had already been found liable in the previous trial for failing to heed weather warnings and shut off electricity in its service areas ahead of a wind storm that toppled power lines. " “Each of them in this trial told you about the enduring trauma they had suffered because of PacifiCorp’s fires,” the attorney, Nicholas Rosinia, said Monday. “This is an extraordinary case full of extraordinary stories of survival and of bravery and of life-altering loss.” https://www.bloomberg.com/news/articles/2024-01-23/berkshire-fire-tab-grows-62-million-after-more-victims-testify?srnd=premium

There are definitely not any shares available to short

simultaneous all time closing highs in Berkshire & Fairfax - who'd of thought? The CoBF namesakes are holding up.

Brown and Brown results out, market likes it. https://investor.bbinsurance.com/news-releases/news-release-details/brown-brown-inc-announces-fourth-quarter-2023-results-including

Who knows what Trump would have gotten done if COVID hadn't have come along. Once it did, Trump was checked out and Mnuchin was too busy and understaffed to handle much else. No indication so far that Mnuchin would come back for a 2nd Trump term so you have to wonder what kind of goofball cabinet he ends up putting together. I'm not even sure Kushner would come back and that would be kind of scary (to not have Kushner).

Thanks DamienC. I looked at both your mash-ups. Just a suggestion - if you are going to post these regularly maybe just reply to your own topic/thread instead of creating a brand new thread with each post. I don't know about the self-promotion angle, but it seems to be free so as long as it stays free you might be OK there.

Q4 2023 was decent for Fairfax's 3.9m shares of Micron as well

He didn't really, but his fund had a drawdown

And then many years later the corroding usb sticks finally rusted through the Nord Stream pipeline and she blew?

Thanks. So very rich or very dead. Reminds me of the gold bugs that bury the gold in the back 40 but don't trust anyone with the information and die.

I am far from knowledgable about this stuff, but how possible is it that the key to access the "satoshi nakamoto" coins has just been lost and nobody has access to the coins?

Modi recently inaugurated a new global engineering and technology campus for Boeing directly next to Kempegowda Intl. Airport in Bangalore. I don't think this is on land owned by Anchorage but it is directly next to the airport, which seems like another positive for the investment. https://timesofindia.indiatimes.com/india/pm-modi-inaugurates-boeings-largest-campus-outside-us-in-bengaluru/articleshow/106985702.cms?from=mdr&from=mdr

Three of them were already appearing the year before when he did include the top 15 table -

His US fund has a $5m minimum for new investors. Maybe some of the big guys or offshore investors could slide in. I think the "newsletter" product, KEDM, is primarily special situations, event-driven, arbitrage type ideas. It is a monitor of all the potentially compelling current event driven situations. I haven't seen many of these in his actual fund but he does allude to the event driven book in his letters. I don't know what the idea is behind KEDM, but if it helps pay the salaries of a team of researchers that are also working for the fund then there is something helpful there.

Mongolia Growth Group is still publicly traded - https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CA%3AYAK&insttype=Stock&freq=2&show=&time=20

Yeah, Prem blew up an Africa fund as well and we love him so whatcha gonna do but get back on that horse and try again

End of year Praetorian investor letter for those interested 2023 Q4 Letter - Final Approved.pdf

Well said Saluki. And incidentally, the best part of those panhandle planning meetings is that, not only are they all videotaped and archived online, but they actually make and publish a computer-generated transcript of the meeting - and the whole of all of the transcripts is searchable by text phrase! So you can search for anytime someone says something that a computer might think sounds like St. Joe or Topgolf or Watersound or whatever and instantly be taken to all of the video clips where the words were said. They really make it easy down there. Not like that goddam texas railroad commission website. I hate that thing...

Yeah, the low for the day was $945.15 on FRFHF - first thing in the morning. The above chart is just bad data.

I don't think that really happened. What is your data source?

There also seems to be an effect from the good earnings out of Travelers this morning https://s26.q4cdn.com/410417801/files/doc_financials/2023/q4/4Q23-Press-Release-FINAL.pdf https://s26.q4cdn.com/410417801/files/doc_financials/2023/q4/4Q23-Webcast-FINAL.pdf

I mean, those kind of shenanigans sound like they would make it easier to beat an index fund. But I guess you said "most people" and most people aren't going to beat the S&P regardless of the opportunities these type of shenanigans regularly create.

The same kind of volume spikes happened last January - I assume it has something to do with the timing of the dividend, the counterparties to the TRS and the calendar year.