A_Hamilton Posted November 22, 2022 Posted November 22, 2022 9 minutes ago, Munger_Disciple said: Sokol news: https://www.businessinsider.com/former-berkshire-executive-david-sokol-asks-leniency-elizabeth-holmes-sentencing-2022-11 WTF??? I've really thought Sokol got a disproportionately raw deal in the Lubrizol scandal. However, the link above does not help to restore his reputation. Why would you get involved in this in any way shape or form? Just poor judgement on his part...again.
Munger_Disciple Posted November 22, 2022 Posted November 22, 2022 (edited) 9 minutes ago, A_Hamilton said: I've really thought Sokol got a disproportionately raw deal in the Lubrizol scandal. However, the link above does not help to restore his reputation. Why would you get involved in this in any way shape or form? Just poor judgement on his part...again. "She will do far better for society if she is able to continue her inventing ways," he argued. It is horrible judgment on Sokol's part. I disagree with you regarding Lubrizol. Berkshire shareholders dodged a major bullet. Edited November 22, 2022 by Munger_Disciple
LC Posted November 22, 2022 Posted November 22, 2022 Definitely a talent of Buffett that doesn't get talked about enough - he is a great judge of character.
nwoodman Posted November 23, 2022 Posted November 23, 2022 17 hours ago, Munger_Disciple said: "She will do far better for society if she is able to continue her inventing ways," he argued. It is horrible judgment on Sokol's part. I disagree with you regarding Lubrizol. Berkshire shareholders dodged a major bullet. Totally agree, not sure how this one will work for Fairfax shareholders of which I am one. It beggars belief that Sokol even needs to wade into this.
backtothebeach Posted November 23, 2022 Posted November 23, 2022 3 hours ago, nwoodman said: Totally agree, not sure how this one will work for Fairfax shareholders of which I am one. It beggars belief that Sokol even needs to wade into this. "Sokol wrote that he has "no historic family or business relationship" with Holmes but met her in 2015 at a Horatio Alger Association of Distinguished Americans awards event." Maybe his blood leaves his brain when he remembers their encounter...
DooDiligence Posted November 23, 2022 Posted November 23, 2022 6 minutes ago, backtothebeach said: "Sokol wrote that he has "no historic family or business relationship" with Holmes but met her in 2015 at a Horatio Alger Association of Distinguished Americans awards event." Maybe his blood leaves his brain when he remembers their encounter... She used her Bene Gesserit voice on him.
John Hjorth Posted November 23, 2022 Posted November 23, 2022 (edited) "Off schedule" ["one time?"] donations from Mr. Buffett to foundations. Link . Edited November 23, 2022 by John Hjorth
Parsad Posted November 23, 2022 Posted November 23, 2022 8 hours ago, nwoodman said: Totally agree, not sure how this one will work for Fairfax shareholders of which I am one. It beggars belief that Sokol even needs to wade into this. Restorative justice. She isn't any sort of threat, and if she is truly remorseful after her time in prison, she may be more valuable to society working outside/paying taxes than sitting in a prison cell getting fed three times a day doing nothing at taxpayer's expense. It would also allow her to pay victims through any civil litigation. She doesn't have to pay anything if she rots in jail. This message board is full of investors who constantly scrutinize everything based on rational action, yet this is so hard to rationalize. Cheers!
nwoodman Posted November 23, 2022 Posted November 23, 2022 38 minutes ago, Parsad said: Restorative justice. Interesting thought. Personally, I was more relieved by a high profile Charlie Munger style “public hanging”. Hence Sokol’s comments struck me as very odd and added to my feelings of unease about the guy.
Spekulatius Posted November 23, 2022 Posted November 23, 2022 Holmes is not a petty criminal. She has shown considerable criminal energy stealing not just money from investors, but also purposely ruining reputations (Schulz’s son) and endangering patients. I believe in second chances and I am categorically against death sentence for this reason, but I think the 11 years (which will likely be reduced ) are appropriate. Sokol has no business really vouching for her.
Parsad Posted November 24, 2022 Posted November 24, 2022 1 hour ago, Spekulatius said: Holmes is not a petty criminal. She has shown considerable criminal energy stealing not just money from investors, but also purposely ruining reputations (Schulz’s son) and endangering patients. I believe in second chances and I am categorically against death sentence for this reason, but I think the 11 years (which will likely be reduced ) are appropriate. Sokol has no business really vouching for her. He probably shouldn't have. But I can certainly see why some would rather see Holmes pay back some of what is owed to victims and taxpayers. You might be surprised, but personally, I'm for the death penalty in 1st degree premeditated murder cases, serial killer cases, serial rapist cases, etc where the guilt has been proven without a doubt. For white collar criminals...throw the book at them...but make them also work somehow and provide restitution to victims and taxpayers. Make her do lab work or something in prison if she isn't going to work outside of prison. Guys like Sam Antar when he was in prison or Bernie Madoff when he was alive...make them work on tax returns or something for the poor 16 hours a day in prison. I don't care what...but make them work and do something instead of just living off the taxpayer. Cheers!
drzola Posted November 24, 2022 Posted November 24, 2022 How can any Homo Sapien condone the death of another Sapien, it is inconceivable to me here.
Blugolds Posted November 24, 2022 Posted November 24, 2022 (edited) 3 hours ago, drzola said: How can any Homo Sapien condone the death of another Sapien, it is inconceivable to me here. Set the penalty for certain behavior at death...hopefully as a deterrence. Those who, knowing the consequences of their actions i.e 1st degree premeditated murder, serial killing, serial rapist etc chose to still behave in a way that society has determined especially heinous and worthy of removal, condones the results (death) of this behavior when they committed the acts.. Death of another human should never be celebrated, but (unfortunately) can be necessary. Anyone who thinks otherwise, has never personally been in a situation when it was necessary.... Edited November 24, 2022 by Blugolds11
JGBRK Posted November 24, 2022 Posted November 24, 2022 10 hours ago, Parsad said: He probably shouldn't have. But I can certainly see why some would rather see Holmes pay back some of what is owed to victims and taxpayers. You might be surprised, but personally, I'm for the death penalty in 1st degree premeditated murder cases, serial killer cases, serial rapist cases, etc where the guilt has been proven without a doubt. For white collar criminals...throw the book at them...but make them also work somehow and provide restitution to victims and taxpayers. Make her do lab work or something in prison if she isn't going to work outside of prison. Guys like Sam Antar when he was in prison or Bernie Madoff when he was alive...make them work on tax returns or something for the poor 16 hours a day in prison. I don't care what...but make them work and do something instead of just living off the taxpayer. Cheers! With all due respect Sanjeev, I'm not certain I would want Bernie working on my tax return. Maybe making license plates or making small rocks out of big rocks.
Xerxes Posted November 24, 2022 Posted November 24, 2022 “Lock her up! Lock her up!” That is all I got to say about Holmes. Mr Sokol, I don’t understand you.
Parsad Posted November 25, 2022 Posted November 25, 2022 On 11/23/2022 at 5:23 PM, drzola said: How can any Homo Sapien condone the death of another Sapien, it is inconceivable to me here. There was a child serial killer here in Vancouver when I was like 9 years old named Clifford Olson...you would definitely have heard of him drzola. Killed 11 children, and would only say where the bodies were when he was paid a cash award. He was the worst fiend imaginable. I would not only have no qualms seeing him receive the death penalty, I would have gladly pushed the injection button. Instead he lived out his life in prison taunting the victim's parents and the police. Cheers!
Parsad Posted November 25, 2022 Posted November 25, 2022 On 11/24/2022 at 3:36 AM, JGBRK said: With all due respect Sanjeev, I'm not certain I would want Bernie working on my tax return. Maybe making license plates or making small rocks out of big rocks. Anything so that they aren't sitting in prison doing nothing. I don't want to see prisoners working in a quarry like the old days, but the lesser offenders (drug possession, white collar, DUI, etc) should be doing some work, as well as any rehabilitation programs recommended. Cheers!
Guest Posted November 26, 2022 Posted November 26, 2022 On 11/19/2022 at 11:08 PM, gfp said: https://berkshirehathawaytx.com killer name for your crypto biz bro https://berkshirehathaway.com/news/nov1822.pdf Is this even legal?
ValueMaven Posted November 26, 2022 Posted November 26, 2022 37 minutes ago, stahleyp said: Is this even legal? No - it is likely an African or Chinese scam-site. The website needs to be shutdown ASAP.
SharperDingaan Posted November 26, 2022 Posted November 26, 2022 21 hours ago, Parsad said: Anything so that they aren't sitting in prison doing nothing. I don't want to see prisoners working in a quarry like the old days, but the lesser offenders (drug possession, white collar, DUI, etc) should be doing some work, as well as any rehabilitation programs recommended. Cheers! All that talent .... going to such great waste! Far better to use them as tame thieves working for the gov, and set them to work catching other thieves as bounty hunters. Quickest way back to your former riches is to catch the bastards who put you there, and get paid millions to do it! Much better than breaking rocks SD
Spekulatius Posted November 27, 2022 Posted November 27, 2022 (edited) People complain about working in salt mines, but I think sulfur mines are the real thing: Edited November 27, 2022 by Spekulatius
UK Posted November 28, 2022 Posted November 28, 2022 On 11/26/2022 at 6:10 PM, SharperDingaan said: All that talent .... going to such great waste! Far better to use them as tame thieves working for the gov, and set them to work catching other thieves as bounty hunters. Quickest way back to your former riches is to catch the bastards who put you there, and get paid millions to do it! Much better than breaking rocks SD https://www.cnbc.com/2019/11/05/carrying-these-in-your-wallet-is-a-big-mistake-warns-fraud-expert-ex-con-artist-frank-abagnale.html
Parsad Posted November 28, 2022 Posted November 28, 2022 16 hours ago, UK said: https://www.cnbc.com/2019/11/05/carrying-these-in-your-wallet-is-a-big-mistake-warns-fraud-expert-ex-con-artist-frank-abagnale.html I've met Frank Abagnale at a conference he was speaking at. Shortly after the movie "Catch Me If You Can" came out about his life. Cheers!
ValueMaven Posted November 29, 2022 Posted November 29, 2022 Greg Warren of Morningstar put own an awesome analysis of Berkshire a few days ago!! $370 price target. Well worth the read if you can get access.
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