Liberty

"Microsoft closes $7.5 billion Bethesda acquisition" ("Microsoft says some future Bethesda titles will be exclusive to the Xbox and PC players.")

https://www.cnbc.com/2021/03/08/david-tepper-is-getting-bullish-on-stocks-believes-rising-rates-are-set-to-stabilize.html

New ETG acquisition: https://www.businesswire.com/news/home/20210308005458/en/ Paid cash, details not disclosed.

The base business is great. Can't believe it's still misunderstood today... My way of seeing it is that 10 years ago Alphabet was a high-margin search business that started dabbling into low-margin businesses (i.e Waymo etc.) whereas Amazon was a low-margin e-commerce business that started dabbling into low-margin Cloud computing businesses. So the latter had the multiple expansion tailwinds, whereas the former was being lifted in the market but the sum-of-the-parts narrative. Perhaps, Google Cloud and YouTube will remedy that narrative I own both and will continue for years to come. Long-term hold, until, of course, when there is a huge bear market, and i sell them both at the exact bottom in great panic, so that i can feel secure, while in the eye of hurricane. The e-commerce business was great and keeps getting better (Prime subscriptions, 3P and ads on top of 1P). People focus too much on margins, what matters ultimately is ROIC and reinvestment opportunities. A low-margin business that has a strong competitive position, that grows fast organically, has lots of turns of its capital and where you can reinvest lots of capital at high rates is quite good. Just look at Costco.

Wow this thread

The base business is great. Can't believe it's still misunderstood today...

What a surprise! https://www.cnbc.com/2021/03/05/john-mcafee-indicted-on-cryptocurrency-fraud-charges.html

It's almost like the pandemic never happened for them. Almost back to levels before. ¯\_(ツ)_/¯

Yes, finally! https://www.cbc.ca/news/politics/johnson-johnson-covid19-vaccine-approved-1.5937900

Larger one at Harris: "Harris acquired Bizmatics Inc (U.S.) "The Bizmatics suite of software, PrognoCIS, encompasses electronic health records (EHR), practice management and revenue cycle management (RCM) software and services." "Based in Silicon Valley since 2001" 319 employees (LinkedIn)" Also one at Volaris: Volaris acquired CPR Vision (Singapore) from WPP AUNZ "a provider of end-to-end CRM systems in the luxury retail and hospitality verticals." "APAC’s leading CRM, Loyalty & Digital Agency" "Founded in Singapore in 2001" 79 employees Also at Vela in Australia: Vela Asia Pacific acquired Beacon Business Systems (Australia), (the business assets of Pixen Pty Ltd) "a Perth and Melbourne based Australian business focussed on the petroleum retail market which has evolved over 20 years." "over 700 users" 20 employees And one more at Harris: "Harris acquired Realtime Information Technology (U.S.) "education software provider." "Serving 200 organizations throughout New Jersey (...) tracks every aspect of student life, including scheduling, grade reporting, medical, food service, (...)" Founded in 2001 20 employees" Via @pearnick

https://www.the10thmanbb.com/investment-ideas/toitsxv

2021 AGM video: Wow he's close to the camera at the beginning

I spend all day in it, and have for a couple years. I also use other stuff here and there to augment it, but it's my main one.

This movie has special meaning to me (not because of healthcare). i hope you like it. Just in case it's not said, it's a sequel to a movie called The Decline of the American Empire. (not joking) 8) Great film. I've seen it 2 or 3 times.

Interview with Jamie Dimon:

This is terrible https://www.thedailybeast.com/russian-opposition-leader-alexei-navalny-sent-to-notorious-prison-camp

"Jonas acquired Easit AB (Sweden) "provides case management, data management software and highly skilled consulting services" "Our flagship products have matured with over 20 years of industry experience" 82 employees" Also: "Constellation Real Estate Group acquired Top Producer from Move, Inc., a subsidiary of News Corp "a leading provider of real estate software" "include the industry leading CRM" Founded in 1982 and purchased by Move in 2000 "over 27,000 customers and 70 Top Producer employees"" Also: "Lumine Group acquired TransMedia Dynamics (U.K.) "a provider of content supply chain software" "customer base spans North America, Europe, and Asia-Pacific (...) upwards of 50,000,000+ tasks automated annually" Founded in 1998 27 employees Founder-led" h/t @pearnick

New 60-min interview with Malone: https://overcast.fm/+I5mtwfgfU

Welcome to the club! Kudos on getting through all of that, few do. You are a chosen one!

Not sure. I'm in Canada so never looked at that. ¯\_(ツ)_/¯

Q4 (fiscal Q1.. ugh): https://www.businesswire.com/news/home/20210223006095/en/

If you can, why not buy on TSX? More liquidity, as it's the main place it trades.