Jurgis

https://on.acm.org/t/algorand-a-better-distributed-ledger/374 This is public service announcement for interested. I have no expertise in the area and the quality of this research/claims. ACM webinars are usually boring.

I'd guess they have insurance for their powerplant, but would they have insurance for business interruption/losses? If PR is without power for 6 months, that would hit revenues there. Unless they charge even when there's no service? Anyway, you are right that if someone looks short term, then revenue/earnings impact will be likely significant. Whether stock will drop further or not - who knows. Longer term possibly not significant unless PR cannot rebuild.

Why not get Morningstar for free through your library (if you're in US)? Does Gurufocus have stuff which is worth it?

Almost every Western country has investor immigration program. US does. Australia does. NZ does. Maybe Canadian one is easier to deal with, but my guess it's not the main draw for Chinese to Canada. My guess it would have been the other reasons mentioned, easy (?) entry after Hong Kong reverted to China, large communities to join. Not sure why US is less attractive. Perhaps a bit tougher entry/immigration. There's clearly a lot of Chinese immigration, education-based entry and RE purchases in US, but still seems way less than Canada. And way less (almost none) RE price bubble based on Chinese RE purchases. There's a bunch of Chinese RE purchases in US, but seems nothing as big as in Canada.

Unless they develop Google finance the same way Yahoo Finance was developed last couple of years. Which was basically make it more unusable. We'll see I guess. Mostly though it seems that companies are just killing the API/programatic access to finance data. Microsoft/MSN data access in Excel was killed. A lot of Excel SMF Add In data accesses through various sites/companies are dead or half dead.

Mutual funds can have incentive fee structure. And there are (mutual fund?) managers who reimburse fees like Chou. (The whole "incentive fees not allowed for hedge funds for retail investors" is weird although I kinda know where it came from.)

I wonder if there are possible situations in which Pimco StocksPLUS blows up. Counterparty risk? Though they are probably careful with that. (Somewhat unrelated) Way back (around 2006-2008?) I was looking at Pimco bond fund and they were holding all kind of weird stuff (structured products? currency swaps? derivatives?). I was wondering if they gonna blow up, but they never did. I think their bond funds still do that a lot. I hold some PONDX.

I may attend.

https://www.nytimes.com/2017/09/21/opinion/get-rid-of-equifax.html https://www.washingtonpost.com/news/posteverything/wp/2017/09/21/why-didnt-equifax-protect-your-data-because-corporations-have-all-the-power/?utm_term=.5490bc39bcf8

Maybe a bit, but a lot of this is hot journalistic air. EU is way ahead of US of fighting big tech and it's unlikely that US ever reaches EU-level of wrist slapping. (Any political comments to politics section please)

Sex, drugs, and rock'n'roll. also bajillions of bucks, CoBF, fame, Internetz, superpowas, youth, vintage youth, exploding kittens, Instagram, cheese and good night's sleep.

AirBnB should add AirLnD service where people would provide lunch/dinner to strangers in their dining rooms (or kitchens). You heard it here first . Send royalties to widows and orphans trust.

Point taken: spend less more quality time on CoBF. 8) ;D

Fair enough. I'm sure there are people who use the phones in ways that require top specs. Most (at least around me) don't. Maybe someone at some point will show me usecase that would make me go $600+ whatever on phone. Nothing like that so far. 8) Peace.

This was discussed before, try to search. Can't be done in tax-deferred accounts IIUC. Even in taxable accounts, your tax reporting goes pro+complicated IIRC. There were some other caveats that I don't remember. Might be best for hedge funds?

Screw it, let's talk billions: https://www.theguardian.com/film/2017/sep/06/james-bond-distribution-rights-amazon-apple

Canadians invented everything: https://en.wikipedia.org/wiki/Murdoch_Mysteries Maybe not direct fit for this thread, but sometimes it's really funny - and we have a lot of Canadians on board. :D Short summary: detective Murdoch and colleagues in Toronto around 1900 invent everything: sonar, manned flight, electric car, digital pictures and their transmission, lie detector, etc. There's even an episode where they discuss investments to widows and orphans fund and decide to go with Coke, Ma Bell, IBM (?), GE and other great investments. ;D Go Canada! 8)

Crappy formatting. Not sure how to make it better.

The articles I saw said that this person had 10+ years experience in industry in security field. Apparently this person indeed had a history of working in cyber security. HOWEVER, how does one go from a background in music composition straight into cyber security, and relatively high level positions at that? I guess it didn't work out none too good...as the results show. Why was this person allowed to retire? How come no C-level executives get FIRED? (or relatively few)? Why is the CEO not fired? Finally, if this CIO is eminently qualified, why the coverups & scrubs of the situation? I won't defend the CIO or any other Equifax executives. I think they should have been fired and the consequences to company (and possibly executives) should be way harsher than they are expected to be. However, I find it ironic that we had majority of CoBF dissing formal education and advocating pursuing careers/livelihoods without any formal education in various fields. But now we have complains when someone apparently did exactly that... 8) Maybe I'm not being fair to you though. Peace.

The articles I saw said that this person had 10+ years experience in industry in security field.

So many steps that can still be automated. 8)

Disclaimer: I haven't done much DD on mutual funds recently. Various fund-restricted 401(k)s I have don't offer much selection. I just pick what's available. I don't currently invest into mutual stock funds outside 401(k)s. With that said, couple that have not been mentioned yet: Parnassus funds. Fidelity Contrafund and Fidelity Low-Priced Stock Fund. For both returns might be weighted down by the fund size.

This is soooo cool. http://i2.kym-cdn.com/photos/images/newsfeed/000/264/200/acb.jpg

I am no expert on sports teams. I have owned BATRA stock and still own Exor stock that owns Juventus. IMO to improve team's performance you have to plow money into it. Moneyball does not work anymore since most teams are doing it at least partially and it's not as simple as the book claims anyway (there was a long article on this, I don't have ref anymore). So, yeah sports teams valuations are IMO way higher as trophy assets than as cash flow generators. It may be possible to buy them for cash flow if you do something like BATRA where team just breaks even, but company makes money on the stadium/tv rights/whatever. But that does not mean just buying naked team for CF.

Realistically all three credit agencies just don't give a f&*k. Same for other financial institutions. And that's where we are and gonna be. FYI questions unanswered: https://www.nytimes.com/2017/09/12/your-money/equifax-fee-waiver.html Yeah, I'm afraid this thread is gonna turn into politics thread