villainx

As someone who cannot stand Trump, and identify as extremely liberal, I'll say what NY AG did was awful. I'd go so far as say it's stomach turning disgusting.

Also value of the cash is ... cash to readily deploy.

That's the last hurdle?

Wondering why Berkshire doesn’t have an arm in its business to do CSU type smaller deals. I know in grand scheme of things it won’t be needle moving but the company already has Sees and Diary Queen, and can do more in that space. At the least it’ll build a competent group of acquirers and managers. Maybe the risk isn’t worth the small rewards, but just waiting for an elephant to come to crosshairs leaves a lot of smaller worthwhile game to pass.

So interesting! How often do you guys meet nowadays? I toyed with an investment club in college and - youth and lack of mentor/role model/proper research - it ended in a few months.

It depends on time horizon, but if quality is good, I'm okay with moderate price action. Berkshire staying in the 1.3-1.4 book range for quite a long bit of time allowed me to accumulate. And it allows for better buyback.

Thanks for this.

@gfp Thanks for sharing!

Similar. Or they enhance with idiosyncratic indexing: exposure to very different industries, markets, etc that a VOO don't often hit. At the same time, scratches enough of the itch if one likes to keep up with market/investing research.

Not the small caps stocks that I've been investing in. Or it hasn't yet.

I'm definitely been working on this. Thanks though. The way you put it is eloquent and actionable. It's hard to break bad habits.

I'm so unsophisticated an investor. Price stays low, great for buybacks, but I get impatient, should I just sell to move to something with more upside. Price goes up, what are they doing buying back shares?!?! maybe I should buy more if it keeps going up.

Picked up some SAVE calls.

My fam are mostly vegetarian/pescatarian (I'm not). But Kyotofu Fujino was completely amazing: https://maps.app.goo.gl/hF8b7VPdotVbGPzM7 It's a tofu specialty restaurant that we went for lunch before taking train back to Tokyo. This place had long been recommended to me and now I totally regret not going there during my previous visits there. Not a specific recommendation but we've always found really worthwhile izakaya, yakitori, soba, etc places near our lodging. And as much as the temple/shrine/institution is the attraction, the supporting snack/restaurant/trinket shops surrounding the attraction are worth wandering around in, Arashiyama, Kiyomizu-dera, etc have fun supporting food/shopping areas. And if you don't have time to go to a hot spring, a local bath house is fun too.

I've been working on reducing Apple % of portfolio. It was upper 40s% two years ago. Obviously, it's great when Apple has a strong year, but 2022 was complete disaster.