gfp

So news about an audit being completed at IIFL Finance results in a 20% move up in IIFL Securities?

Also saw this on reuters - https://www.reuters.com/business/aerospace-defense/india-airport-industrys-pre-tax-profit-grow-35-fy25-capa-india-says-2024-06-07/

A bit of volatility in share prices -

Thanks for sharing. I'll keep an eye on it. I tried for 108 and 108.50 like a cheapskate and didn't get anything of course. I like the early tender bonus - nice little feature

My experience with falling interest rates is that it has always meant bad things for the economy and stock prices. Will this cutting cycle be the exception? 2000 - bad 2007 - bad 2019-2020 - bad 2024 - good?

I did, because you asked me to, and I didn't find anything that would apply to his unique case. https://www.wsj.com/finance/regulation/keith-gills-gamestop-trades-pose-conundrum-for-market-cops-70cc5301?mod=hp_lead_pos4 https://www.nyse.com/publicdocs/nyse/regulation/nyse/sea34.pdf

I want to change my guess to Harvard Classics by Collier? https://www.ebay.com/itm/335016787851?chn=ps&var=544237538035&_trkparms=ispr%3D1&amdata=enc%3A1wh-Ikp7gSeibN-z99qL9nA31&norover=1&mkevt=1&mkrid=711-117182-37290-0&mkcid=2&mkscid=101&itemid=544237538035_335016787851&targetid=1584571731043&device=c&mktype=pla&googleloc=9025156&poi=&campaignid=21214277413&mkgroupid=162743717513&rlsatarget=aud-1314496317827:pla-1584571731043&abcId=9407520&merchantid=603819412&gad_source=1&gbraid=0AAAAAD_QDh-oaptNMIVk3Qcp1KELxGYF_&gclid=CjwKCAjwvIWzBhAlEiwAHHWgvbe7wr5_FYWsdPA5cGJHlvz2H2hSmmOuG6zAQiL2eVeJ8sW9YJ1MERoCSwEQAvD_BwE

https://www.wsj.com/finance/investing/investor-charlie-munger-interview-2b636dc5

I would assume that Shelf 3 all the way across is a 40 volume set of encyclopedias he grew up with at his parents house. Likely a vintage Britainnica product (not world book that he later acquired). Maybe Encyclopaedia Metropolitana second edition which was 40 volumes? Another guess would be a different Britannica product which might explain the writing on the spines more - Britannica Great Books of the Western World. Maybe that one makes more sense. I'll guess that one

Is your assumption that 99 shares is an odd lot here?

I've had basically all my insurance with USAA for 29 years. Like you, I never shop my auto rates. We adopted a 15 year old in 2015 and I didn't want to mess up my USAA stuff so I insured his Honda Fit with GEICO, separate from all our other vehicles. Predictably he caused a crash at 16 or 17 years old. He didn't touch anybody, but other cars crashed into each other because he drove poorly. He stayed on the scene and took the blame and one or more of the other drivers sued GEICO for the standard Louisiana shakedown - my neck hurts, my back isn't right, I can't work, etc.. I have no idea what GEICO even paid them because I cancelled the policy and sold the Honda Fit after the accident (he made a number of mistakes later that evening so car privileges were revoked). USAA never seemed to know that any of it happened and we never let him drive our vehicles other than that Honda Fit, which was technically mine. I don't do any banking or CC stuff with USAA but I've still been able to get right through to a person in Texas for all of my insurance calls. Just this morning I called in for Flood, which goes through USAA Agency since its just FEMA federal flood insurance and I was still put right through to a person and she handled the change in like 30 seconds and I was done. We were sued by a former tenant who slipped and fell on deck stairs in a rain storm. All on video. USAA was great throughout that whole process. They actually lowered our premiums on that 5-plex because they didn't know we had cameras previously. USAA was also way better than any other insurance carrier I heard about after hurricane Ida hit New Orleans. They didn't mess around or be adversarial and paid us a huge sum for roof damage that cost a lot more than usual because of 108 solar panels in the way. I like them still. (I didn't serve but my late Father was in the Air Force and I've had USAA since my learners permit)

What if all of us agreeing on this letter being mean is just another sign of the echo chamber? Oh no!

His unique personal style was evident in his note to Sanjeev. He gets a little hot under the collar sometimes.

That was thebeau to greg in the thread I linked a few posts up

honestly I would be shocked if it wasn't sent by Thebeau -

Look at that - you put Ben Watsa in charge for one day and the entire Modi mandate crumbles. Bring back Prem before we lose decades of progress! Seriously though, I think even the opposition would be in favor of privatization and airport IPOs and it sounds like Modi will get a coalition and alliances and all that.

Sorry you received that Sanjeev. Honestly with the "echo chamber" and "clowns" bit it sounds like Mr. Thebeau but his account was never deleted. He is known to lash out in periodic spells of uncontrolled rage. Every 'former user' would have been grandfathered in for free or already paid their fifty dollars. edit: "imbecile" tracks as well...

What is illegal about it? Icahn and Ackman and Buffett and Elliott and ValuAct know that the market will react when a new position is made public.

Another settlement - chipping away at it https://www.reuters.com/sustainability/warren-buffetts-pacificorp-utility-reaches-178-million-wildfire-settlement-2024-06-03/

Probably not

Hmmmm.... https://www.fairfaxindia.ca/press-releases/fairfax-india-announces-management-succession-plan-june-3-2024/?utm_source=newsletter&utm_medium=email&utm_term=Mon+Jun+03+2024&utm_campaign=Fairfax+India+Announces+Management+Succession+Plan

He has not exited the call position -

So that article seems to confirm that the social media accounts are still controlled by Gill and that he has such a large bankroll this time around because he (as most people would have assumed) put a large call option position on before his weird twitter videos sent GME up last month. And he has already pumped and dumped once in the last 60 days so one would expect that is the plan this time around.

The volume isn't there in his contract (and he wouldn't' exercise the options and sell the stock when the options are worth more than their intrinsic value)