thowed Posted June 1 Posted June 1 Nothing today, but Congrats to anyone who switched out of FFH into CSU in the past year!
Eldad Posted June 1 Posted June 1 5 minutes ago, CharlesMunger said: Brk.b and FFH. Anyone else? Got some FFH. No BRK today
Cor Posted June 1 Posted June 1 On 5/29/2026 at 7:53 AM, Spekulatius said: Chart suggests FFH goes to ~2000 CAD on weakness. Sorry, but I don’t make the rules. Thank you, today is looking better than Friday to add
hardcorevalue Posted June 1 Posted June 1 (edited) 2 hours ago, frommi said: reduced MDLZ and Greggs to buy more Autotrader plc. Sold some puts on SOXS. maybe we start a thread, but why won't used cars naturally flow to FB marketplace instead of autotrader? I see tons of cars listed there now, they don't even charge anything, and more trust with verified identities. Edited June 1 by hardcorevalue
frommi Posted June 1 Posted June 1 (edited) 1 hour ago, hardcorevalue said: maybe we start a thread, but why won't used cars naturally flow to FB marketplace instead of autotrader? I see tons of cars listed there now, they don't even charge anything, and more trust with verified identities. There's a thread for Autotrader. Edited June 1 by frommi
yesman182 Posted June 1 Posted June 1 1 hour ago, hardcorevalue said: maybe we start a thread, but why won't used cars naturally flow to FB marketplace instead of autotrader? I see tons of cars listed there now, they don't even charge anything, and more trust with verified identities. your saying my mom will prefer to sell her car used on FB marketplace vs to a dealer?
kab60 Posted June 1 Posted June 1 2 hours ago, hardcorevalue said: maybe we start a thread, but why won't used cars naturally flow to FB marketplace instead of autotrader? I see tons of cars listed there now, they don't even charge anything, and more trust with verified identities. Autotraders' inventory is mostly from used car dealers, less so private transactions. It has a 50 year history in UK. Billions has been spent (and lost) trying to dislodge it, but it's where customers go to buy used cars. I don't see that changing. The tricky part is that the industry is in a bit of a tough spot, and they had some backlash over some changes they made, so they'll probably have to lay a bit low with the price hikes (they're basically a monopoly), but at this valuation it's basically trading as if ex-growth anyway and they're now aggressively buying back shares due to the silly valuation. I made it one of my largest positions.
thowed Posted June 1 Posted June 1 Yep. I can't remember the source, but a few years ago, there was a great write-up about online marketplaces, and how hard it was to dislodge the first mover - kind of like the old Buffett newspaper classifieds. If I had more cash, & cojones, I'd have been buying them up this year while everyone thought AI was going to dislodge them. Having said that, it could still happen - Hemnet in Sweden was a Property darling, but seems to be struggling (though I think management aren't all that, and it was very expensive).
Ver Posted June 2 Posted June 2 On Thursday PDD was at all time price for an all time company, hope it goes even lower.
kab60 Posted June 2 Posted June 2 13 hours ago, thowed said: Yep. I can't remember the source, but a few years ago, there was a great write-up about online marketplaces, and how hard it was to dislodge the first mover - kind of like the old Buffett newspaper classifieds. If I had more cash, & cojones, I'd have been buying them up this year while everyone thought AI was going to dislodge them. Having said that, it could still happen - Hemnet in Sweden was a Property darling, but seems to be struggling (though I think management aren't all that, and it was very expensive). I don't know Hemnet well, but it was valued very dearly. Might be worth a look now. Generally, I think these are some of the best businesses around, although with the caveat that growth and reinvestment opportunities aren't great. But MSD growth without capex, expanding margins + little terminal value risk can be quite powerful over the long haul if combined with sensible capital allocation...
John Hjorth Posted June 2 Posted June 2 On 4/29/2026 at 8:54 AM, John Hjorth said: Added a few Berkshire Hathaway B shares yesterday. Added a few Berkhire Hathaway B shares Friday 29th May 2026 again. [This may appear 'somewhat systematic', while it isent! Just a few orders, that got filled at USD 475.] New pretty stingy orders placed with expiry end of July, in the hope of grabbing a few more, from haters of Google and home builders, all together holding their nose!
Saluki Posted June 2 Posted June 2 Added a couple of shares of Fairfax. Some NTDOY in my retirement account. Small adds to a few new positions that I am slowly building. OTCM, ASHXF, BMI, TME.
thowed Posted June 2 Posted June 2 2 hours ago, Lance said: CME, ICE, MIAX, MKTX, TMXXF and TW. Thanks Lance Feels like there are some really good companies on offer at prices you don't often see at the moment. I guess a lot of people are selling everything to move into Memory & Ai...
Eldad Posted June 2 Posted June 2 3 minutes ago, longlake95 said: KHC I know, I know, why the would you do that? I’m starting to notice you are usually right. TFII has been a complete home run. I think about KHC often but just can’t do it even though my gut says it will work. BRO is almost as cheap and probably close to as steady without the CPG structural problems. So I just usually buy more BRO when I get the bottom fishing itch haha.
longlake95 Posted June 2 Posted June 2 (edited) 14 minutes ago, Eldad said: I’m starting to notice you are usually right. TFII has been a complete home run. I think about KHC often but just can’t do it even though my gut says it will work. BRO is almost as cheap and probably close to as steady without the CPG structural problems. So I just usually buy more BRO when I get the bottom fishing itch haha. thanks for the kind words on TFII. Yes, it's been great - I did trim some. But still it's a hefty position. GIL/CNC are my other high conviction ideas. I'm aware of all the problems with CPG. These food stocks have been bombed out. At some point it's all priced in... I think we are basically there. At some point inflation "cools" (whatever that means) the consumer gets to a bit better place and we get some volume growth. If KHC just goes from lousy to mediocre we could get a very decent total return over time. Viking will probably tell me I'm crazy, I think he worked in CPG... Edited June 2 by longlake95
brobro777 Posted June 2 Posted June 2 (edited) 2 hours ago, longlake95 said: thanks for the kind words on TFII. Yes, it's been great - I did trim some. But still it's a hefty position. GIL/CNC are my other high conviction ideas. I'm aware of all the problems with CPG. These food stocks have been bombed out. At some point it's all priced in... I think we are basically there. At some point inflation "cools" (whatever that means) the consumer gets to a bit better place and we get some volume growth. If KHC just goes from lousy to mediocre we could get a very decent total return over time. Viking will probably tell me I'm crazy, I think he worked in CPG... Holy moly CPB pays higher dividends than tobacco companies and the stock is back to 1992 prices I did eat some Campbell Chili Mac the other day... Edited June 2 by brobro777
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