Jurgis

Here it is. Thanks. I'm LMAO at the cheque. There's probably a regulation somewhere of what can go on cheques. The only place the could put his name in is in the description. Likely because the president doesn't have signing authority at the treasury. BUT Vona Robinson does. So she gets to sign the cheques, not Trump. Ooooohh he must have been pissed about that. I heard Trump fired Mnuchin because his name on the checks is too small and not in golden letters. And he fired of who-the-heck-she-is Vona Robinson too. (Not real news)

Are you being quarantined? Or tested? Or made to work from home? Or was it just a social call of "you might be screwed, but please continue comrade"?

I almost fell of the chair laughing. I'm not sure if I should sue your neigbor, Trump, or Pelosi.

All coronavirus discussion should be conducted in another socially isolated location.

Ahem, maybe not sky scraping hospitals. But... Whoosh.... They had skyscrapers there since 1950s. I studied in one of them ( https://en.wikipedia.org/wiki/Main_building_of_Moscow_State_University )

At least they don't have skyscrapers in Russia. :-\

I can assure you that BG2008 and ThePupil are 3 different individuals

Wizard. Wizard with the sheets mainly. But also wizard under the sheets.

If you buy any international stocks, you can always say that you are in global trade or import/export. 8)

I agree with this, but... I'm not OP, but it seems that OP is asking what to tell to the closer circle of friends/family/relatives/etc. to whom "I work from home" is not enough. Or who know that you worked as XYZ (engineer/doctor/lawyer/whatever) before and that it does not "work" to do XYZ from home. Or they might ask "for which company you work from home". Going the lying path of "I contract" is not great either. I agree with sentiments above thread that telling people that you are "private investor" is wrought with issues. So is unfortunately "boutique investment manager" IMO. I don't have a good solution unfortunately. Not a direct issue for me, but interesting thread, since I don't tell most my friends/family that I invest either. Edit: I have a great idea for a business. Open a company that employs such private investors for nominal salary which they themselves pay into the company. And then they can honestly tell everyone that they work for BIM Inc. which is in stealth mode, so hush hush. 8)

This.

Yeah, I was thinking "thank USA for the car culture". Makes going places during lockdown possible and tolerable.

Jurgis is not The Terminator and actually has weaknesses. Quick, put him in that vat of molten metal. Actually, I mean put him on a plane. I'll be back* 8) * if I'm allowed onto the return flight

I completely agree with that sentiment. Unfortunately have to travel transatlantic to visit family. Fingers crossed I won't need to do that until maybe some of the restrictions/changes/etc go back to (mostly) normal. #ThoseNetJets!

my goals with energy are a) own more than 0% in it b) position myself in securities that I don't think will be massively diluted or PRIMED. I think any OXY debt instrument has the potential to be primed by Berkshire or anyone else ... Fair enough.

I think you missed the worst bit, which is: to even get on the plane for an international flight, you will have to get a medical certificate; get temperature checked at the airport, and queue for security in a socially distanced way. People are talking about a 3-4 hour process at the airport. This is the year for a staycation in your own country (at an extortionate price)! I think being branded a bio terrorist mid flight is worse than couple hour airport queue. ::) But you definitely have a point. #BuyTheFrickingPrivateJetRightNow #BerkshireNetJets

@thepupil - what do you think about OXY debt? I bought some close to the bottom, but not sure if it's worth holding as it has bounced to $80s. Still ~9% yield, but clearly not as attractive. I also hold some GPOR debt, so there goes my any credibility in energy debt investing.

YOLO, right?

I kind of hate the "well if he didn't buy this then..." analysis, but Akre has made his career buying/holding AMT (not unlike many great investors such as Graham (GEICO), Sleep Zakaria (AMZN/COST), etc. I am not saying that he/they are bad investors (they have absolutely kicked my ass and outperformed the S&P over the course of a great bull market). I just think that before you buy Akre, you have to have an opinion on the 12/3% position in AMT. they won't ever sell and it's an extremely "expensive" stock at $136 billion EV, which is 5x the gross value of its property, over half of which has been bought/built since 2012, 16x EV / 2021 Sales, 26x EBITDA, 24x FFO. I am just a bitter / jealous real estate oriented value guy whose index has AMT in it, so take my analysis as the sour grapes that it is. I have thus far resisted the temptation to short it as it's just one of these "inevitables/teflon" stocks. You can buy a lot of property for $136 billion. Yeah, it's funny: pandemic comes and they are teflon positioned for it with AMT. 8) Disclosure: I have started buying AKREX this year (before pandemic and during). This might mean that it will crash/underperform for the next 10 years+

In terms of what I am not doing for a long time: flying somewhere. Apart from being locked in a plane with hundreds of other people, I don't think I can handle having mask on for 4-6-10 hours. Plus the airplane air makes me sneeze profusely every time I fly. So I'd be considered bio terrorist half through the flight. ::) :'( #FirstWorldFlyingProblems

Thanks for posting. I'm gonna skip this one though.

Barron's on nursing homes: https://www.barrons.com/articles/coronavirus-is-tearing-through-americas-nursing-homes-peoples-rights-are-being-temporarily-suspended-51587722401

Nursing homes are getting infected with a large number of deaths in a lot of countries. And yeah, they are locked down across countries, but medical personnel and staff are contact points that carry the infection inside.

IMO - like I said on another thread - people are starting to recover from lockdowns and are starting to spend a bit. But also could be blip.

I think that's wrong conclusion to draw. Flu infections don't hit all at the same time as covid infections kinda did. Well, I was comparing the COVID timeframe, which is why I prefaced with "at its peak". Annually you can probably reduce that by a factor of 5-10. In NYC, weeks 12-15 COVID contributed aprox. 12,100 incremental deaths; compared to about 3,300 combined annual deaths from flu,pneumonia,chronic lower resp. diseases, and other respiratory diseases. Fair enough.