fede

[Mohnish Pabrai @MohnishPabrai]

We can never have enough Mungerisms:

https://t.co/6WNXPTNZ8w

[Christopher Bloomstran @ChrisBloomstran]

The primary author of the ARK report is a CFA. How about @CFAinstitute investigate for failure to use a reasonable basis in investment recommendations? Seriously. There exists a wholesale history of red flags suggesting gross incompetence or outright dishonesty at ARK. 24/

[Michael Shellenberger @shellenberger]

Climate activists said New England didn’t need nuclear or natural gas and could rely on 100% renewables. Now, it’s main source of electricity is burning oil.

[Hindenburg Research @HindenburgRes]

NEW FROM US:

Adani Group – How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History

https://t.co/JkZFt60V7f

(1/x)

[Garry Kasparov @Kasparov63]

Absurd. Putin’s behavior has been predictable since 2008. He needs perpetual conflict to fuel his propaganda and status in Russia. He attacks when he thinks he can get away with it. He underestimated Ukraine, not Macron and the rest. https://t.co/qFNb8Tfa8l

[Doomberg @DoombergT]

23/ Germany – a country proactively shutting down nuclear power plants despite suffering a massive energy crisis – is back to burning wood for power on an enormous scale. For the planet, of course. You could not make it up if you tried.

[Christopher Bloomstran @ChrisBloomstran]

Caisse de Dépôt et Placement du Québec, Canada’s 2nd largest pension, is famous for using Berkshire’s proxy and annual meeting to preach how Berkshire’s governance is poor. Perhaps, instead, CDPQ should look inward and figure out how to not invest in Ponzis. Celsius. Beauty, eh?

[Christopher Bloomstran @ChrisBloomstran]

Berkshire weekend is next week, which means seeing friends, celebrating the culture, and, yes, again suffering the use of the annual meeting as a soap box for myriad insane activist proxy proposals. Proposal one this year would separate the role of CEO and Chairman. Yep. 1/

[Christopher Bloomstran @ChrisBloomstran]

It would be nice if instead of compelling a feel-good, burdensome approach to dictating how Berkshire (and others) SHOULD conduct affairs, perhaps take the time to learn and investigate the degree to which the company ACTUALLY LEADS on each front. Even better, sell your shares.

[olexander scherba🇺🇦 @olex_scherba]

Putin’s apologists in the West always make it about the West’s guilt. Always inventing Putin’s excuses, always looking for compromises at someone else’s cost. The same condensed intellectual mush and spiritual weakness since decades.Tiresome.

#StandWithUkraine️ #CloseTheSky

[Patrick Moelleken 🇺🇦 @PMoelleken]

.@ZelenskyyUa's tv address to the Russian (!) people might be the most moving speech that I've ever seen in my entire life. The whole world needs to see, understand and share this crucial Ukrainian message.
#StandWithUkraine #Ukraine #Україна #Russia #Россия

[Klitschko @Klitschko]

#StayWithUkraine #Ukraine #StayTogether #StandTogether #Demo4Democracy #United #StopRussia #StopTheWar

[Heikki Keskiväli @hkeskiva]

1/🧵

Just to keep track, this continuously growing thread compiles the MOST OUTRAGEOUS EXCESSES starting from 2020.

From euphoric extremes to outright scams, this one is for the history books. Chip in your favorite!

Best served with a cup of 🫖

[MadCon @MadConX]

I highly recommend seeing this documentary, Moving the Mountain, with Li Lu, ex-leader of Chinese students in Tiananmen Square.

Thanks @bkaellner

https://t.co/1chxVQehNz

[Christopher Bloomstran @ChrisBloomstran]

Who would believe that Tesla is now "worth" more than two Berkshire Hathaways? Today’s 8.5% gain added $106 billion in market cap, 2.3x Tesla’s annual REVENUE in a single day. Mr. Market now values the car company at $1.36 trillion, 29.5 times annual trailing revenues. Insane. 1/

[Christopher Bloomstran @ChrisBloomstran]

Dear Cathie, I was surprised at the indignity of seeing a high-profile investor short your largest product, so sought to determine why. Examining the $ARKK June 30 Factsheet, it appears devoid of what some investors refer to as “fundamental data.” Important? Let's see...1/

[John_Hempton @John_Hempton]

What stage of the alt-crypto bubble this is?

https://t.co/UgBs84kHUw

[Christopher Bloomstran @ChrisBloomstran]

Also, for future reference, note that the Chairman and CEO at Berkshire Hathaway, the conglomerate that's compounded at 20% annually since 1965, double the S&P 500 and with more profit than Tesla has revenues, spells his name with two ts. It's Mr. Buffett. Many make this mistake.

[10-K Diver @10kdiver]

1/

Get a cup of coffee.

In this thread, I'll help you understand the relationships between *investing* and *inflation*.