Possibly unpopular opinion:
1990s Berkshire AGM audio is more dense with wisdom than any new content released today. Audience questions are thoughtful and sophisticated. Warren & Charlie are sharp as razors. Magical moment in history.
Meta bought back $6.5 billion as free cash flow dropped off the face of the earth. I did not see this coming. I trusted this management and that was ill-advised
1/5
If you look at Copart vs. IAA, the difference in margins is quite interesting.
For the TTM, EBIT margins are 41% for Copart vs. 24% for IAA.
Why is this?
@nayibbukele is on route to become the most important statesmen in Central American history. He will be likened to Singapore's Lee Kwan Yew.
As a child of Salvi parents - I admire work he is doing and wish him the best of luck. 🇸🇻
Our Uber driver earlier tonight was from Colombia and he complained about how much crime there is in Miami
He then asked if we had heard of @nayibbukele of El Salvador 😂
I hit record on my phone
@patrick_oshag Got a great piece historical fiction for you.
"The Professor & the Madman" by Simon Winchester.
"... an extraordinary tale of madness, genius, and the incredible obsessions of two remarkable men that led to the making of the Oxford English Dictionary."