Remember in 2021 when people were unironically saying 'fundamentals don't matter'?

lol

If you're American, need a mortgage to buy a house, and rent costs more than (interest + utilities + repairs), then a low interest fixed mortgage is better than no mortgage. It costs you less money than renting.

The above logic isn't so straightforward in Canada due to…

Gotta be upping your cash/bond allocation these days.

Almost can't afford NOT to do it.

AliExpress supports logging in with X!

Have you seen any other services do this?

Warren Buffett:

'We're not uncomfortable putting our money into Canada... in fact we're actually looking at one thing now.'

>He's betting against China in the literal YEAR OF THE DRAGON 🐲🐲🐲

I made several of the same decisions as Buffett this year... BEFORE $BRK.B's Q2 earnings release made them public knowledge:

- Sell Apple
- Buy Berkshire
- Hold Bank of America
- Increase cash and equivalents (him: treasuries; me: term deposits).

Proof below!

I exited entirely in two sales: the first at $192 the second at $184

Just learned that Stanford has a 1/1 administrative staff/student ratio. A staffer for every one of the 15k students. It used to be schools bragged about a low faculty/student ratio - the idea was little Johnny or Joanie would have direct access to the professor in a small 10/1…

🚨BERKSHIRE HATHAWAY TRIMS APPLE BY 13%

$BRK.B

A.J. Button Good comparison. The buyback yield is more important than the absolute number of dollars behind it.

Yeah this latest leg up in Chinese tech stocks was a lot of fun.

I try to keep my euphoria under control because you know, it's best not to be emotional in the markets.

Anyway I think your portfolio looks good. I like how the more speculative names have lower weightings.

It's not super easy for a company at Apple's scale to find investments that move the needle.

The Apple watch would have been a game-changing success for most companies, but it was nothing in the context of Apple's ~$385B revenue.

So the buyback despite their steep valuation was…

Looking forward to your speech Jennifer!

Here's a riddle for you:

Which buyback is bigger, $JD's $3.5 billion buyback, or Apple's $110 billion buyback, from the perspective of an individual shareholder holding at current market caps?

You might think Apple, but think again:

Whole-firm totals are irrelevant to…

Apple is rallying on a buyback that could retire 4% of the shares if it doesn't move the stock price. Revenue declined 4.3% last quarter.

Alibaba bought back 2.6% of its shares last quarter--10.4% on an annualized basis--and its revenue is still rising.

$BABA

'One hospital moved terminally ill patients to a private clinic shortly before they died, to lower the hospital’s own death rate.'

You'll keep seeing stuff like this as long as society rewards hypercompetitive egotistical idiots.

'Gotta get my numbers up BRAH.'

Maybe not the worst idea. There are those who say that Bonobos--a subspecies of chimpanzee--should be role models for humanity. Apparently they have a very peaceful society.