Maser wrote:
Munger’s just Buffett’s also-ran doormat. He is no longer a factor, merely a character. His only potential virtue is that of entertainer, if one enjoys grumpy old men.
Re btc—it’s still at 54k. Sorry if you missed that: 54k.
Agip I still don’t know what kind of world you live in. First you denied inflation, then said you didn’t notice it in your own life, now you deny urban american civil unrest. I submit that you may exhibit a psychological dimension of oppositional defiance.
Anybody have any broad buying targets? I will be visiting Nestle next week before deciding to make a significant purchase, they have a nice campus and it’s close by. After that I have been invited to go to a few places with some retail consultants, including that private gem that everybody is trying to pry open: Ikea. Makes me laugh every time I hear people say that they know enough about a company from public disclosures, to invest.
yeah I don't see any inflation in my life. I don't pay rent, buy used cars or stay in hotels or buy much food. (mrs agip does that). The value of my house has gone nowhere for five years or so. So no, I don't see inflation in my life. And inflation isn't really found in the northeast - it's a regional phenomenon. Mostly trump country. Link below.
As for urban unrest. You'll have to define your terms, but I live in a big blue coastal city and crime is very low, there is no political violence whatsoever, etc. I can only guess you are referring to a few mass shoplifting incidents. Or maybe black on black crime. Neither of those is new and neither can be called civil unrest. You need to stop being led around by your nose by clickbait/ for-profit media.
https://www.wsj.com/articles/where-inflation-is-highest-in-u-s-11636585950