gfp

I'm gonna share this guys blog again just because he cracks me up and I am entertained by it. Most of the semiconductor stuff is over my head but I always read this guy's posts right away. If you read one, he may sound like an idiot or a wall street bets degenerate. If you read several you may change your mind. Irrational Analysis - topic is broadly the semiconductor industry https://irrationalanalysis.substack.com/p/market-memo-january-is-finally-over?utm_source=post-email-title&publication_id=1509468&post_id=186385441&utm_campaign=email-post-title&isFreemail=true&r=oqhe5&triedRedirect=true&utm_medium=email

If it were me I would try to ignore bitcoins until they trade around $55k per bitcoin. But other people out there swear they just saw a major bottom around $80k recently. I don't see it

Its been pretty quiet lately but I did notice this proposal by Berkshire Hathaway Energy for a new LNG liquefaction facility in Brevard County Florida https://marcellusdrilling.com/2026/01/chesapeake-berkshire-canaveral-fl-lng-plan-continues-to-advance/ https://floridapolitics.com/archives/776942-fueling-the-space-coast-with-liquified-natural-gas/ https://www.clickorlando.com/news/local/2026/01/28/im-horrified-more-merritt-island-neighbors-speak-against-proposed-lng-plant-near-homes/

haha - reminds me, we had a workbook of xerox print outs of the face of the synth and you would take colored markers to draw in the patch cords and knob positions to save a "recipe" for lack of a better word. mono-phonic. and it would go out of tune! New is better

haha - oops! maybe I shouldn't have donated it to a friend who was already rich Luckily still have my flat-top fender rhodes with the stereo vibrato speaker underneath.. like this one -> weighs a ton

That's what "vintage" means Mike! Early 1970's - before I was alive

@DooDiligence when I was in High school and college I had a rare vintage ARP 2600 "grey face" that was crazy to play around with. I ended up giving it to my friend Elliot who is a professional musician / producer / recording studio person. It requires a decent amount of upkeep (photo is not mine, mine wasn't all beat up like this case)

Do they still have "play it again sports" ?? That's where we always got all our nasty old used hockey gear. Someone's nasty old skates... ew my parents were cheap!

Where I grew up in Illinois (near where cubsfan lives), you took a couple shovels and plowed an ice hockey rink onto a frozen pond. But also our high school had boys and girls hockey teams and there was an indoor rink available for that. I only played "pond hockey"

Not sure where to put this post but here is a list of holdings for an investor in Spain that usually has some interesting ideas. He has been in many of these names for a long time now but a good list to explore. Definitely some overlap with the stocks covered on this message board but haven't seen them post here. Maybe they lurk! https://x.com/foso_defensivo

I know a hard money lender who is virtuously opposed to high interest rates if you want a connect

So LITE is now trading at $445, up 35% in 4 trading sessions. Up 17% on just today. On short covering on the busted technical pattern.

Scroll up and read it, lazy

Yes and yes, you obviously didn't read the strategy here which is completely about the "chart being wrong" and human behavior being more predictable when it is.

The chart no longer looks like a "too perfect" textbook Head & Shoulders top and short covering is kicking in (+26.6% at this point) EDIT: And I'm out, 32% gain in 4 trading sessions with no leverage, no options, plain ole vanilla stock. Busted H&S played out as expected

People are using stablecoins to do some of the things they used to use Bitcoin to do. Makes sense if you are primarily interested in the utility for a specific purpose and don't desire price volatility. I will post this chart again, because the price behavior is following the previous analog to a T so far. The price of Bitcoin is selling off because it looks identical to the same bear flag in 2022.

https://s28.q4cdn.com/872121257/files/doc_financials/2025/q4/4Q-2025_Earnings-Release-FINAL.pdf (AJG press release Q4)

Berkshire had a decent position in GM and exited in 2023. Wonder who's position it was

Around the time I was getting together with my (now) wife, in 2001-2002, I was a big precious metals bug and Marion would give me a bit of a hard time about it and ask, "how do you know when to sell it then?" I told her the time to sell it would be when we saw big advertisements at the airport for gold (I was young, I probably got the line from Jim Rogers). Sure as shit, 2007-2008 comes around (before the stock market crash really accelerated) and we see a big 'invest in gold' advertisement in the airport terminal. She starts pointing and telling me you gotta sell the gold! I didn't sell it all but I largely left my precious metals habit in the past since then. Sold some more in 2011 or 2012 to fund an apartment building that still sends me $5k a month in almost-tax-free cash flow each month. Gold just sits there like a lump.

Don't think that is correct. Fairfax files a consolidated tax return. Dividends from subsidiaries to the holding company are not taxable events (a big part of the entire model that Berkshire popularized). Eurobank is considered a "Foreign Affiliate" because Fairfax owns so much. It is also an operating business not a passive investment vehicle. I believe the tax treaty between Canada and Greece would result in a 5% withholding tax on the dividend by Greece. Since they own so much of Eurobank that Eurobank that is considered a Foreign Affiliate and because Eurobank already paid income tax on its earnings, it is quite possible that the 5% is all the tax on dividends that is owed in Canada. Any Canadian tax accountants here?

Just got a fill at CAD 2222 in case people are bummed to have missed last week's dip ..

I feel like at the beginning of each year Fairfax stops buying back shares for cancellation and instead buys for the treasury (future compensation related awards). Then at some point they have the shares they budgeted for accumulated in treasury and at that point the repurchases for cancellation resume. Is that correct or am I just making it up?

Don't worry Dave renovated the kitchen as soon as he bought it (also, the house I grew up in from '83 to late nineties had a stove top with no counter space on either side kind of like this and my Dad f'ing hated it)

I use IBKR. Haven't tried anywhere else. I use FRFHF at Fidelity but never checked if they allow FFH on the same terms (no commission, no fee, etc)

Yeah they are OTC foreign ordinary shares but of course FRFHF is traded in a different currency. So market makers are basically managing the price of FRFHF and the real time FX-conversion vs. FFH and the spreads can be a little wider and the executions less "certain." Fairfax india's OTC stock isn't offered on Interactive Brokers but at least that is all in one currency. It's done some weird things from time to time that FIH.U didn't do. I use FRFHF in IRAs and FFH everywhere else. I don't want to worry about buying the exact amount of CAD I need before each trade and converting random tag-ends of CAD back. So we bid in USD for FRFHF which then ends up being converted to CAD to buy FFH which then pays us our dividend in USD... totally makes sense right?