Malmqky

Nintendo as well

Little more Valaris. Trading at ~20-25% of of replacement, new contracts really starting to rollover, committed (supposedly) to returning all FCF to shareholders...and there's lots of it. Probably should buy a basket, but I like the size and quality of fleet vs competitors and the fact VAL isn't leveraged like the others. We'll see how this works out over the next decade.

I know people in tech that do this. If you're good, you can find $200-300k TC jobs that are remote and only have 20 or so hours of "real" work weekly. Jobs with TC closer to $100k and low stress/workload are even more plentiful. Of course, tech layoffs are a real risk here.

So you're saying Nintendo should be up at least 68% since Oct because it's twice the company Disney is ;)?

Nintendo! ~25% market cap in cash PE of ~17 Conservative management Incredibly well protected and nurtured brand LOTS of exciting things in the works - Switch 2, continued focused on “App Store” model for lack of a better term, theme parks and movies

looks like KWEB is up today? And my Chinese investments are up as well. Can you please clarify what you mean?

Imagine paying $60k per year to have classes canceled because of protests. If I was a student I’d be pissed. And yes, I know they were moved online but that’s besides the point.

Haven’t done anything in months now, getting bored. So to scratch that itch, bought a little more Hershey, little Nintendo.

Politicians lie and deceive. They promise us our tax dollars will be used for schools and roads and bridges and social programs that will fix all of our problems (lol). Instead, our tax dollars are spent on things like war - war on drugs, Middle East, etc. Republicans say they’re the party of small government, yet they spend, spend, spend and love to regulate people’s lives. Democrats say they’re for the people or whatever, but their actions prove otherwise as well. So sure, we voted indirectly for this. Hard to fault the average person though when we’re lied to 24/7 by everyone in Washington. Propaganda is a powerful thing. I’d say most people thought they were voting for something else.

If you don’t mind me asking, what is your nationality? Are you Chinese by chance? Or are you Eastern European/Asian? American? I ask because nationality plays a large role in this. If you ask a Chinese person what they think of Japan, you’ll get a negative answer. Or ask someone from the Middle East what they think of America. Another negative answer. Or god forbid, ask a Palestinian what they think of Israel. I think it’s hard to be objective about other countries, especially if you haven’t lived in them. I can tell you the pros and cons of America, but China I can only tell you what I’ve learned through media and secondhand stuff from my Chinese friends. For what it’s worth, I think America is trending towards a pseudo-oligarchy while China is heading towards authoritarianism/is already there. Lots of negatives for both countries, as well as obvious pros.

Though the NYSE if listed there, through Hong Kong, or OTC. If you mean directly and not via ADR…I don’t think you can.

Couldn’t agree more. Well said. Could never pray on someone/somethings downfall like this. It’s telling the short report doesn’t actually go into real analysis on the “14 positions”. Just gives basically a one liner stating something like “this is on the balance sheet as x, it’s actually y”. If MW was legit, they’d break things down way more and invite scrutiny to their methodology/analysis. Instead, MW is just marketing ran by pseudo-intellectuals who want to make money by being “smart” instead of just taking swings at far pitches. Also, why would you short a company that’s “overvalued by 18%”. Like 18%? Lol. Huge upside there!

https://spotify.link/amsJQPtvjIb Decent overview regarding coal, especially met coal. Probably a few tidbits anyone can take away.

PDD tracker with JOE dividends.

Prediction: 5 years from now: underperforming a decade from now: out performing 15 years from now: back to underperforming over the timeframe Yeah I’m just making stuff up. But, I think there’s a high chance coal/oil outperforms. Tobacco I’m 60:40 on. But both are priced like the companies behind the stocks will be out of business in a decade, obv this isn’t the case. China I also am certain outperforms if sentiment betters and Taiwan isn’t attacked. Gambling I know nothing about

Little Tencent. Still a small, tracker type position. Maybe I will make it like 5% and just coffee can it

VMFXX. I have a Vanguard brokerage account and just let cash chill in the sweep account. 5.3% I believe. Used to do CD ladders but meh

Oh come on, returns would have declined regardless due to Berkshires size. Although that kind of proves your point (I assume you don't manage billions).

VAL, probably making it a real position at this point.

Guys, the book value is *intentionally* inflated because of IFRS 17 so the growth doesn’t matter and it’s probably overstated anyways!!! Just like the investment portfolio!!!

Thanks for the positive contribution to this board. Do you understand the report? It’s kind of a joke. A lot of these “issues” have actually been addressed by Fairfax. I don’t think this is a good faith report by MW…or they’re just misinformed. Guess FFH shouldn’t follow accounting rules.. Also not sure why you’re bringing up a situation from two decades ago that was proven to be false. Fairfax isn’t a fraud lol

In my neck of the woods housing prices are out of control. Think nation leading increases for population centers >100k. Big problem is zoning and laws regarding the height of buildings - can’t be taller than the capital building or block lake views There’s no supply. Some apartments are being built, but houses? Only in suburbs. I don’t see housing prices coming down around here anytime soon.

Hershey, bought a decent sized chunk - 2% of the portfolio. I’ve managed to build confidence in Hershey as a brand. Don’t have any insight in cocoa prices, but surely over the coming years they’ll normalize…fingers crossed. Monitoring GLP-1 related stuff, just kind of taking a wait and see approach. I don’t think this is going to be a world beater, but I think buying dips over the next year or two will result in a decent return. Mostly I just want to own some iconic brands and this one doesn’t seem too expensive/actually kind of cheap.

UNTC 10% of market cap in cash 25% dividend yield, clean balance sheet. 8ish years of production left. Company has profitable assets it’s liquidating conservatively worth $600m+ vs $400m market cap. Not including the recently sold land, which will be another $5.50 per share in cash.

5 years and the goal is to beat the market? QQQ tbh. Otherwise I like JOE, but I would feel better over a 10-15 year timeframe. 5 years just ain’t that long. Fairfax is good over the next couple, but 5 is a bit long for me to feel certain about it on the otherhand. Nintendo I would pick if it was a 2-3 year timeframe. Personally I think outperforming the market should be a 20-30 year thing…trying to outperform over 5 year periods isn’t the best way to approach things.