Warren Buffett invested $488 million in PetroChina after only reading their annual report . No site visits and no calls to management. A shareholder then asks him if just reading an annual report is enough to make an investment Listen to his answer

$BIDU quick look (given the $TSLA deal). All trailing now: Mcap $29b Net cash $17b FCF yield 11pc EV/EBITDA: 4.4x PE: 12.9x PB: 1x EV/Sales: 1.2x DPS: 0 10Yr CAGRs Mcap: -4pc Rev: 14pc FCF: 7pc Capital management: $5b buyback wef 2023 - 2025 Status Quasi monopoly (70pc share of PC search) Secure AI chips supply through partnership with Huawei. reuters.com/technology/baidu…

"I am a professor!" In another clip she explains she "impulsively hit [the police officer] on the head." Deep (or not so deep) down, academics who complain about "privilege" believe that they belong to a special caste, which entitles them to hit their inferiors on the head.

Warren Buffett wrote a Forbes article on what we can learn from Phil Fisher

Soeben habe ich aus den Medien erfahren, dass Antonio Rüdiger und der DFB mich angezeigt haben, weil ich hier darauf aufmerksam gemacht habe, dass Rüdiger auf einem Instagram-Post den Gruß der Islamisten zeigt. Diese Geste ist in den letzten zwei Jahrzehnten von Terroristen vollständig vereinnahmt worden. Er ist unstrittig zum Gruß von ISIS und islamistischen Mördern in aller Welt geworden, von Menschen, die auch in Berlin gemordet haben und Unheil und unermessliches Leid über die Welt bringen. Wer als erwachsener Mensch diesen Gruß zeigt und in der Vergangenheit mindestens einmal Posts von Islamisten geliked hat, weiß das sehr genau. Der deutsche Verfassungsschutz und seine Landesämter werten den erhobenen Finger als Zeichen islamistischer Radikalisierung. Die Innenministerin nennt die Geste "inakzeptabel". Wer öffentlich so posiert, zeigt ganz bewusst den Gruß von Fanatikern und nicht eine unschuldige, spirituelle Geste. Es ist eine Normalisierung einer schrecklichen Ideologie, die in diesem Land schon viel zu viel Raum erobert hat. Auch und gerade weil es um einen beliebten Nationalspieler geht, darf man sich nicht einschüchtern lassen. Man muss darauf hinweisen, dass diese politische Ideologie gegen alles steht, was unsere Werte sind. Was Antonio Rüdiger und der DFB hier anwenden, sind Einschüchterungsmethoden. Niemand soll es mehr wagen, Kritik daran zu äußern, wenn der Islamismus und seine Symbole voran marschieren. Man darf sich dem niemals unterwerfen. Der erhobene Zeigefinger des Islamismus, mit dem Terroristen auf der ganzen Welt ihre Morde feiern, gehört nicht zu Deutschland. Ich werde mir niemals verbieten lassen, das zu sagen.

To people who find this statement outrageous--what exactly do you think the point of affirmative action is?

Firefighters and MBA students were asked how they'd feel if they bought a new car, showed their friend, and next day the friend buys the same kind of car % who report they'd feel: Upset Firefighters: 3% MBAs: 47% Betrayed Firefighters: 13% MBAs: 47% psycnet.apa.org/record/2007-…

Ist das angemessen? Neun Monate Gefängnis für einen Blog, in dem es "volksverhetzende" Inhalte gegeben habe? Was sagen Juristen? wdr.de/nachrichten/rheinland…

This was huge fun. Among other things, we covered the nature of philosophy, consciousness, statistical mechanics, the scientific revolution, causation, animal welfare, many worlds, significance testing, large language models, and what happened to "scientific method"?

$BABA for the second month in a row, institutional ownership has increased their buying of $BABA by 100% compared to the last 2 years average. Earnings report is due on Weds the 7th of Feb. Smart money buys undervalued equities.

Coastal Liberal elites and their grab bag of stupid ideas may end up having an enormously negative, long term impact on minorities, racism and poverty if they aren’t voted out of power soon.

$AMD was obvious to buy at $93 and many waited $META was obvious to buy at $87 and everyone waited $AMZN was a clear buy at $88 and people waited $AAPL at $129 was the easiest money and people waited. $SQ at $39 was extremely undervalued and many waited $COST at its wedge breakout at $505 was easy safe money but people waited. $JBLU at $3.30 with a market cap of $1 Billion was a steal and nobody wanted to buy it. $ABNB at $104 holding at the 0.618 Wave 2 was a clear buy and now at $147 The list goes on and on and this is from the last 14 months alone. Do not listen to the negative stories you read online. When the fundamentals and technicals aligns, it’s a buy, regardless of the noise. If you keep waiting, you’ll always chase. Negative news is far more common than positive news, nobody is going to do this for you and filter out the noise. We will keep buying when everyone is scared to execute.

“Your punishment for having a knife when they searched you would be very different from the thief’s. For him to have a knife was mere misbehavior, tradition, he didn’t know any better. But for you to have one was ‘terrorism.’” — Aleksandr Solzhenitsyn

F*ck you, colonising little b*tch.

A sitting MP in Britain is stepping down because of threats to his life from Muslim extremists. This is not ‘Diverse and vibrant’. Not at all.

And in her sole peer-reviewed article—coauthored with her husband, LaVar Charleston, in 2014—the couple recycle much of a 2012 study published by LaVar Charleston, the deputy vice chancellor for DEI at the University of Wisconsin-Madison, framing the old material as new research.

We are HONORED to receive your attacks, just days before OUR election. I would be very worried if we had your support. Thank you 🙏🏼

I simply took it for granted that El Salvador would be a dystopia forever. I am grateful to be proven wrong. It really shows what can be accomplished with just one strong leader who understands that you don't appease crime - you stomp it out, and then the problem is gone.

Good Morning from #Germany, which has a massive growth problem & is facing distribution conflicts. In Q4, Germany's econ shrank by 0.3% after stagnation in Q2 and Q3 & a slight increase of 0.1% in Q1. This is remarkable insofar as population increased by 0.4% in 2023: in per capita terms, growth looks even weaker.