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Posted (edited)
52 minutes ago, Milu said:

I don’t use either or see either as ‘investments’ just as an alternative to cash in that it is a place to store a chunk of my money while I await equities to become attractive. 

 

Well that is a very interesting twist on Bitcoin. Thanks.

Edited by cubsfan
Posted (edited)

Bitcoin since 3/2020 when cash really became doubly trashy….speaks for itself. What 25x in 5 years? During which we ve supposedly had 2 big post covid “crashes” and like 5 recessions….

Edited by Gregmal
Posted (edited)
49 minutes ago, cubsfan said:

 

Well that is a very interesting twist on Bitcoin. Thanks.

It’s unorthodox but works for me. I’ve never managed to get fully invested over the years(due to being quite picky) so always end have a sizeable ‘cash’ balance that I need to maintain purchasing power on while I wait for opportune moments to buy equities. While I could go the Buffett route and just use t-bills for my cash I was always quite skeptical of having it all in government securities. So as a result I’ve usually ended up with a mix of tbills and ‘hard’ asset like gold originally and bitcoin (since 2020). So where other might have a 60-40 where the 40 is some mix of bonds of different duration and maturity mine is currently like a 60-20-20 where equities is 60, tbills 20, and bitcoin 20. The liquid tbills would be first to be spent if something on my watchlist hit attractive price so I’d only really be considering selling bitcoin once the 20% tbill portion had been cashed out to buy stocks.

Edited by Milu
Posted
35 minutes ago, changegonnacome said:

 

If the former Prime Minister of Israel was a foreign student at Colombia right now his visa would be revoked & he'd be deported for anti-semitism. Wild times.

 

"Enough Is Enough. Israel Is Committing War Crimes"

https://www.haaretz.com/opinion/2025-05-27/ty-article-opinion/.premium/enough-is-enough-israel-is-committing-war-crimes/00000197-0dd6-df85-a197-0ff64a5c0000


 

man has balls

a rarity these days 

Posted
1 hour ago, changegonnacome said:

 

If the former Prime Minister of Israel was a foreign student at Colombia right now his visa would be revoked & he'd be deported for anti-semitism. Wild times.

 

"Enough Is Enough. Israel Is Committing War Crimes"

https://www.haaretz.com/opinion/2025-05-27/ty-article-opinion/.premium/enough-is-enough-israel-is-committing-war-crimes/00000197-0dd6-df85-a197-0ff64a5c0000

 

Yeah, that's an interesting perspective.

 

You would have to say though:

 

Is Hamas stealing aid and killing citizens a war crime?

Is kidnapping and holding civlian hostages a war crime?

Is constructing your miliarty resistance underneath hospitals and schools a war crime?

Is using the civilian population as human shields a war crime/

 

We all know the answers - but it's conveniently not discussed.

 

He says "it's time to negotiate to end the war" - of course, that is exactly what has been happening since day 1.   2 conditions:  1) Release all hostages 2) Hamas leadership surrender

 

Pretty darn simple.

 

 

Posted
45 minutes ago, Xerxes said:

man has balls

a rarity these days 

 

The last stages of a military defeat are among the most horrific. The victor will clearly win, and yet the powers that be (Hamas), continue to hold out and not surrender. Hamas is losing the civilian population and some of their support. But in order to insure victory, you need a total humiliation of the enemy - and that is what we are seeing.  It's ugly - but all decisive wars end this way, and regime change in GAZA is the only way to have a chance at peace.

 

The civilian population will unfortunately realize, that all has been for naught - and that their chosen leadership has led them to the destruction of their country- when before Oct 7th - there was peace.

Now the only certainty is defeat and the utter destruction of their homeland.

 

Posted
On 5/26/2025 at 11:49 AM, WFF said:

Was on Meituan’s call,  and I heard something like AI is doing 50% off new codes or some obscene amount.  Also talks about a quarter of so Business Analyst using it to code or something.  

And then there is resistance. 

 

https://www.wsj.com/sports/tennis/french-open-line-judges-technology-umpire-2a0b0734

 

The French Open Draws a Line in the Sand Over Robot Umpires

Roland-Garros is the last of the major tennis tournaments to trust human line judges over electronic calls, resisting technology in favor of the age-old method of pointing at some marks in the dirt.

Posted
36 minutes ago, cubsfan said:

 

The last stages of a military defeat are among the most horrific. The victor will clearly win, and yet the powers that be (Hamas), continue to hold out and not surrender. Hamas is losing the civilian population and some of their support. But in order to insure victory, you need a total humiliation of the enemy - and that is what we are seeing.  It's ugly - but all decisive wars end this way, and regime change in GAZA is the only way to have a chance at peace.

 

The civilian population will unfortunately realize, that all has been for naught - and that their chosen leadership has led them to the destruction of their country- when before Oct 7th - there was peace.

Now the only certainty is defeat and the utter destruction of their homeland.

 


 

Cubsfan,

 

Majority of Gaza population were born after the election that brought Hamas to power in the 2000s. They happen to be born at the wrong place and the wrong time. Yeap it sucks to be them, but point is, it could have easily been you and me. 
 

Moving forward though the past two years has definitely shaped their thinking in terms of what is life really about. 
 

In any case, I do admire the former prime minister for having the conviction to stand up. Not an easy thing to do these days. Israel is becoming more like an Iran from the 1980s, and Saudi Arabia is becoming more like an Israel from the 90s. 

The reality is that all this is about Bibi and his job. If he could burn down his own family, he would do it only if to get him a few months more on the job. 

 

Posted
5 hours ago, flesh said:

What were the big 5 investments ericopoly made to make 80% for a decade? I know of bac. 

 

FFH after the whole 2003 NY-listing debacle...alongside stock, I think he bought $60 USD FFH call options at $2.00 that went up like over 50 times.  Then ORH going private.  The second massive one was buying BAC stock and $5.00 call options when it was around $5.00.  Can't remember now what the 4th and 5th ones were...been a long time!  Cheers!

  • Like 1
Posted

These youngsters forget that Fairfax used to have listed options!  Imagine how the old 'annual performance' thread would have looked lately if we still had call options and LEAPS calls available on Fairfax.  Viking would be posting from his G650!

Posted

Trump Media Raises Money to Buy $2.5 Billion in Bitcoin- 🤣

https://www.nytimes.com/2025/05/27/business/trump-media-bitcoin.html

 

High growth social media dreams platform officially canceled.......let's set the controls for the heart of the crypto sun says Devon Nunes!

 

Trump will most certainly have one legacy when he leaves office.

 

He'll be the President that MADE the most money in history for himself during his time in the WH while simultaneously being the President that LOST investors the most money in history on investments tied to him while in office.

 

Lets see. I'm certain on the first part and highly confident on the second.

 

 

Posted
9 minutes ago, gfp said:

These youngsters forget that Fairfax used to have listed options!  Imagine how the old 'annual performance' thread would have looked lately if we still had call options and LEAPS calls available on Fairfax.  Viking would be posting from his Global 7000


corrected !

Posted
3 minutes ago, Xerxes said:


corrected !

 

Oh right, "buy Canadian" !  My friends in Victoria won't even eat New Orleans foodstuffs anymore - total boycott

Posted
10 minutes ago, gfp said:

Oh right, "buy Canadian" !  My friends in Victoria won't even eat New Orleans foodstuffs anymore - total boycott

 

HaHa, it reads totally crazy, brainwashed @gfp😂

Posted
3 minutes ago, John Hjorth said:

 

HaHa, it reads totally crazy, brainwashed @gfp😂

 

It's not crazy - they are pissed.  Sounded to me like the whole country was basically united around the issue.  Is isn't tariffs really, but all that talk about Canada becoming a state and calling their leaders "governor" and that sort of thing

Posted
1 hour ago, Xerxes said:


 

Cubsfan,

 

Majority of Gaza population were born after the election that brought Hamas to power in the 2000s. They happen to be born at the wrong place and the wrong time. Yeap it sucks to be them, but point is, it could have easily been you and me. 
 

Moving forward though the past two years has definitely shaped their thinking in terms of what is life really about. 
 

In any case, I do admire the former prime minister for having the conviction to stand up. Not an easy thing to do these days. Israel is becoming more like an Iran from the 1980s, and Saudi Arabia is becoming more like an Israel from the 90s. 

The reality is that all this is about Bibi and his job. If he could burn down his own family, he would do it only if to get him a few months more on the job. 

 

 

I'm not sure I get your point, but no matter. Hamas and Gazans chose a disastrous path for their future when they viciously attacked a much stronger military power than themselves, thinking it would be just like old times:  muted response, the world takes their side as being "oppressed".

 

Unfortunately for them it totally backfired and they 100% own their own destruction.

 

War is terrible - but that is the path they chose.

 

Thank God for Netanyahu and his courage to demolish Hamas - a cancer in the Middle East.

Posted
1 hour ago, cubsfan said:

 

Yeah, that's an interesting perspective.

 

You would have to say though:

 

Is Hamas stealing aid and killing citizens a war crime?

Is kidnapping and holding civlian hostages a war crime?

Is constructing your miliarty resistance underneath hospitals and schools a war crime?

Is using the civilian population as human shields a war crime/

 

We all know the answers - but it's conveniently not discussed.

 

He says "it's time to negotiate to end the war" - of course, that is exactly what has been happening since day 1.   2 conditions:  1) Release all hostages 2) Hamas leadership surrender

 

Pretty darn simple.

 

 

I don’t think it’s simple at all. I think those who criticize  Israel for their actions in Gaza have valid points and what started as defense, the became and offensive war and has morphed into genocide. Where exactly the threshold from one to the other is, is hard to tell but it seems like the threshold has been crossed where they just pound civilians and without much difference.

 

This also seems to be a losing strategy from a political point of view, which is all that matter because this will not be solved militarily.

Posted
2 minutes ago, Spekulatius said:

I don’t think it’s simple at all. I think those who criticize  Israel for their actions in Gaza have valid points and what started as defense, the became and offensive war and has morphed into genocide. Where exactly the threshold from one to the other is, is hard to tell but it seems like the threshold has been crossed where they just pound civilians and without much difference.

 

This also seems to be a losing strategy from a political point of view, which is all that matter because this will not be solved militarily.

 

Of course, the idiots in Europe and the Middle East will frame an Israeli victory as genocide.

What else is new? They will indict Bibi as a war criminal, while ignoring all the crimes of Hamas.

 

Why? Because Hamas and the Gazan are "victims". And as the Gazans danced in the streets and celebrated the slaughter of Israelis on October 7th - the fools never anticipated the retribution that was coming. Only cowards take women and children hostages and keep them in tunnels like animals.

 

There was no reason for the war to turn offensive, other than the Israelis need to free their hostages and for Hamas to surrender. But Gazans choose the path of destruction for themselves.

 

They thought Iran, Hezbollah, Syria and the Houthis would present a united front against Israeli.

 

Like the Germans attacking Stalingrad, the fools in Gaza sealed their own fate.

 

War is hell - and Gaza FAFO.

Posted
55 minutes ago, changegonnacome said:

He'll be the President that MADE the most money in history for himself during his time in the WH while simultaneously being the President that LOST investors the most money in history on investments tied to him while in office.

@changegonnacome you sound like @dealraker now. 😀

Posted
15 minutes ago, gfp said:

It's not crazy - they are pissed.  Sounded to me like the whole country was basically united around the issue.  Is isn't tariffs really, but all that talk about Canada becoming a state and calling their leaders "governor" and that sort of thing

 

I think we perhaps miss each other here, @gfp. It's about adressing things to the right address. There is no way that my perception of how you think and do, - expressed by you personally here on CofB&F, could be judged by what's going on in American politics, and American foreign policy.

 

 

Posted
1 hour ago, Spekulatius said:

I don’t think it’s simple at all. I think those who criticize  Israel for their actions in Gaza have valid points and what started as defense, the became and offensive war and has morphed into genocide. Where exactly the threshold from one to the other is, is hard to tell but it seems like the threshold has been crossed where they just pound civilians and without much difference.

 

This also seems to be a losing strategy from a political point of view, which is all that matter because this will not be solved militarily.

 

Yup!  Last week, IDF soldiers shot at a Canadian envoy group visiting Gaza to see the humanitarian crisis.  Cheers!

Posted
3 hours ago, cubsfan said:

There was no reason for the war to turn offensive, other than the Israelis need to free their hostages and for Hamas to surrender.

 

Yep. This is the thing that confuses me about everyone thinking Israel should stop the war now. Hamas murdered  a bunch of people and took a bunch of hostages, and Israel attacked to get them back.


Hamas still has hostages. Why would Israel stop when they haven't actually even achieved the most basic goal of getting their hostages back?

Posted
3 hours ago, Parsad said:

 

Yup!  Last week, IDF soldiers shot at a Canadian envoy group visiting Gaza to see the humanitarian crisis.  Cheers!

 

To the Israeli's, they are undercover Hamaas operatives, similar to all the woman / children / journalist / humanitarians etc... that have been massacred.  SMH. 

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