Malmqky

PacifiCorp is a wholly owned subsidiary of BRK?

Same

The great thing about Fairfax is it's pretty easy to determine it's undervalued by some amount, but it's tough to figure out exactly what that amount is. Some people will complain this "black box" just makes things complicated, but if you're willing to be comfortable with not having an exact number, you have the opportunity to buy something that could be discounted by 20% or 200%. I'll take that set-up any day.

Finished building my CKX position

There's a Buffett quote that goes something along the lines of "You can't use past recessions/events to predict how the future will play out; people will act differently based on the previous time". I think this kind of extends to everything - people DO learn a bit believe it or not. Everyone knows what happened last time we had inflation like this, last time the fed raised rates so quickly, last time tensions were like this between two countries, etc. Hence why history rhymes and doesn't 100% repeat. Buy individual value, mostly ignore macro, and completely ignore analysts.

The fact I have to call ISPs to cancel service is cancerous.

This looks like something my little cousins would make for their middle school entrepreneurship class…

Decided to listen to the gentlemen in the CKX thread and value the company myself/think about the upside a bit more/stop being lazy. Anyways, I’ve gotten a little smarter and am working on building a larger position. Downside is minimal and upside is $15+ per share. Even if it takes over a year that’s a near guaranteed 25%+ return. Also trying to buy more FRPH

Go back in time and do undergrad at an Ivy. Or go work for a few years and get a t10 MBA and use it to switch careers. This is probably the easiest/traditional way to do it. Another option, spend 5-10 years building a track record than try to leverage that. You might be able to avoid Wallstreet BS going this route

NTDOY and MSG stuff. Starter in FRPH.

Some $50 limit orders for JOE

good tip, appreciate it

Bought some SAVE

This is what I think too. Looking at the companies Berk can invest in and most likely would invest in...well they're all at a pretty lofty valuation right now. Better to keep rolling 4 week tbills I reckon

Close to 25% Fairfax and JOE, soon to be 15% for Nintendo. Almost a quarter between MSGE and MSGS. Then, bunch of smaller positions like Berk, Micron. PBR, tobacco, etc. It's been a good year so far

Good quarter. Fairfax is half-tempting me to break my “don’t add to positions over 25%” rule. Hopefully the market shares my enthusiasm tomorrow

MSGE cuz why not

I owned a bunch of Dogecoin in high school. Used it to play online poker at school…got in trouble obviously and that was that lol. Alas it’s lost, otherwise I would be sitting on a pretty penny.

The failed investor jab is kind of telling. Another thing pointing towards a jealous peer you know in real life perhaps? Anyways, perhaps it’s time you raise the price @Parsad. You have scrubs like me getting in after all

I get $50 worth of wisdom and wit from this forum daily

Fairfax is a 25% position otherwise I’d buy more. Starter in CI and ELV while I research them more

Same. Even Camrys are expensive these days!

BTI and MO

https://www.democrats.senate.gov/imo/media/doc/uap_amendment.pdf

Might exit Berkshire and Micron and use proceeds to buy FFH. I don’t want to sell the aforementioned but they’re not exactly cheap and the setup for FFH is sooo nice atm… Maybe I should use some margin instead … Bought some more BTI using MO and PM dividends while I contemplate.