longlake95

Probably not what you want to hear....but...how can you put too much down on your house? Isn’t the idea to pay it off? Yes I understand where you are coming from, maybe, put just a little down, invest the rest etc.... if you’re trying to free up cash for an investment....you could borrow....then you’re able to make the interest tax deductible. I understand the lure of that idea. Sounds like a no brainer in a period where house prices and markets are soaring. It won’t always be the case. I was able to pay down my mortgage and squirrel away $$$ at the same time for investing. I paid my house off in my 30’s. I’m probably more conservative in that regard than many....it’s my little castle and moat for my family. No bank will ever control that asset. Ya, probably old school...lol ?? fire away....

The hypocrisy, regarding ESG and energy, in the general public and some in the investment community is nauseating. Everyone is piling on carbon based energy like it’s a armageddon’s little brother. So the narrative is sell anything energy cuz it’s bad....but those same people generally won’t or haven’t change there own consumption of energy, even though “options” exist. But it’s ok to own anything techy, like an Apple....not willing to admit these devices use a ton of specialty metals, that people dig giant holes in the ground to harvest, sometimes with child labour...think the DRC... Oh but wait.... you have to own anything EV/solar related, that’s the future! Oh but wait, EV’s use 4x the amount of copper that a ICE vehicle uses...wind and solar use a ton of copper...so let’s go dig more holes in the ground cuz we need lots of copper...that’s ok though... The whole thing is whacked. How about we incentivize the private sector through the profit motive, to allow the use of ALL resources (carbon based or not) in a MUCH cleaner sustainable way. It’s arrogant to sit here In Rich Western countries and poo-poo oil and coal. If you were trying to keep your family warm or cool in Bangladesh and have some electricity to educate your children you wouldn’t and shouldn’t give a rats ass about ESG. Poor countries deserve cheap stable energy like we have enjoyed for 200 years. Rant over.

? very funny

Q1 2021 Conference call: - overall optimistic tone -seeing significant rebound in sales in US as pent-up demand is returning to the market. -Germany/UK strong but slow...lots of regulation due to covid. France so-so. -customers are cautious on capital goods purchases. Consumables doing better. -Asia Pac is 18% of sales and they are paying more attention to the region, They think there is a long runway of growth there. Teck-event acq. while small, provides a good base for proximity to Asia. ( having Han Feng from Pagoda Cap in board IS A BIG plus in my book). -they think the industry grows at 7% for a long time. Their goal is to grow faster than the industry. -they have a pipeline of 160 ish, M&A candidates, many are small family operations and require “nuturing”. -they are hesitant (rightly so) to outline the kind of deals/products/services they are interested in perusing....don’t want to tip their hand. -new bank line ($8 mm I think...) is cheap capital for M&A. Gives them more firepower. -good expense control. Expenses will go up going forward as travel/trade shows return. More so in Q3. well...that’s it...

Ya, Wolf keeps doing what seems like good accretive deals AND is balancing profitability as well. Great combo in my opinion. I don’t just want growth for growth’s sake. My biggest worry is we get taken out. I would like to see an uplisting. ?

Another great quarter. https://www.hamiltonthorne.ltd/index.php/2021-press-releases/279-hamilton-thorne-reports-financial-and-operational-results-for-the-quarter-ended-march-31-2021

Yes, he was/is shacked up with his current wife - Astrid, to which he didn't marry until several YEARS after Suzy passed. In fact, I read in a book, that Suzy asked Astrid to move in a "look after" him. Remember, WEB can hardly boil water - imagine him adding salt to the water softener? Also, there was nothing shady, shifty or dis-honest about the whole thing - his kids blessed it! So again, WEB really is careful about his reputation.

unfair. your judging with the benefit of 20/20 hindsight. Buffett didn't know/couldn't control Sokol buying Lubrizol stock then walking into his office to say BRK should buy Lubz... as for Gates, I would like to reserve judgment until we have some facts from reputable sources...that being said, again, I doubt WEB and Gates were sitting on the back deck discussing anyone's extra-curricular activities. I do really think Buffett has proved time and time again that he really operates above the crowd when it comes to authenticity and conduct.

I too, voted against the comp plan. Too much for too little - yes the ship is turned away from the rocky shoal, but Ian is being paid as if party time on the Aloha deck. I’m really growing tired of seeing so much stock based comp issued at various Co’s. How about more cash based comp, where, the NEO is then required to buy the stock in the open market and hold for a minimum of 5 years...along with all cash bonuses to be invested in stock purchased on the open market.... too many of these NEO’s aren’t joined at the hip with shareholders over time. rant over.

sold a little GIL.TO

you are right, they just do it right - valuation notwithstanding. The problem I still see, if you pay too high a price, even though the company does well you don't as a shareholders (especially if we see P/E compression going forward).

I think my wife, single handedly, keeps the Barrie, Ontario store afloat.... and I still don't own stock. I've long suffered from the financial trauma of thinking this was "always" expensive...and not paying up. what a mistake...?

Hard to complain about management execution here.

ya, I didn't clarify, I just meant you can buy domestic stocks with little or no commission with several US firms. Just highlighting how far behind we are in Canada - Snow Mexico.

it's really quite sad, considering you can buy stocks with NO commissions if you live in the USA, with Schwab, TD Ameritrade, Fidelity, etc... We are just so far behind.