WuLong’s Activity

Yesterday

NL

Boards Post

WuLong replied to the Berkshire Hathaway board. 3:46 PM

Re: Rational Walk: Thoughts on Share Repurchases

The value improvement is because allocating the cash is a good thing.
First, of course, value* hasn't changed. Price has.
With that said...

Consider that Buffett famously does not bargain and does not get into bidding [more]

NL

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WuLong replied to the Berkshire Hathaway board. 1:35 PM

Re: Rational Walk: Thoughts on Share Repurchases

It's really a shame he lumped dividends and repurchases under "return capital to shareholders".
It's the common false blurring of the distinction

I have disagreed with you on this in the past and asked for [more]

NL

Boards Post

WuLong posted to the Political Asylum board. 12:30 PM

Cheating in China

You may have seen headlines a few months ago about how chlorofluorocarbon levels in the atmosphere were higher than expected and therefore someone was making freon illegally.

Guess what? It was the Chinese.
Quelle [more]

NL

Boards Post

WuLong replied to the Berkshire Hathaway board. 11:52 AM

Re: What Price to Book Will Warren Buy BRK?

not that many of us thought recent recent PB levels of around 1.3 were back the truck up levels
To me, "back the truck up" means refinancing my house and using all the margin I can.
No, 1.3 is not "back the truck [more]

NL

Boards Post

WuLong replied to the Political Asylum board. 9:24 AM

Re: Has Helsinki changed your mind re Trump?

Ouch! You actually said that? Oh well.....
So...
Several days later TMF decided that was uncivil.
It would be nice if they were evenhanded about it, but what are you gonna do?

I'll probably take a sabbatical.

Thu Jul 19

NL

Boards Post

WuLong replied to the Political Asylum board. 11:18 PM

Re: I'm Writing Off The Trump Base

Well, bless your heart.

You might notice that I've withheld firing back.
Though I must say it would be nice if TMF would be evenhanded in their enforcement of policy.

NL

Boards Post

WuLong posted to the Political Asylum board. 8:33 PM

H8rs Gonna H8

‘We don’t tip terrorist’: Texas restaurant bans customer who left racist note to waiter
[more]

NL

Boards Post

WuLong replied to the Berkshire Hathaway board. 4:40 PM

Re: What Price to Book Will Warren Buy BRK?

What price to book do you think Warren and Charlie are looking for to pull the trigger?
I wonder if they are looking to abandon that measure entirely.

The book value changes based on quarterly earnings, and those in turn are now [more]

NL

Boards Post

WuLong replied to the Political Asylum board. 4:11 PM

Re: I'm Writing Off The Trump Base

What were JFK and LBJ's stances on Communism and foreign policy?
Well, they certainly didn't resemble Trump's.
I cannot imagine JFK going into the Cuban Missile Crisis saying Our relationship with Russia has NEVER been [more]

NL

Boards Post

WuLong replied to the Political Asylum board. 3:26 PM

Re: I'm Writing Off The Trump Base

What term would you prefer to describe equating 30 states to 60% of the Republic?
Mathematically correct.

Tell you what - FA your personal attack posts, cease making personal attacks, and write something cogent.
Do these [more]

NL

Boards Post

WuLong replied to the Political Asylum board. 2:56 PM

Re: I'm Writing Off The Trump Base

simple minded
Double posting personal attack.
Wow.

NL

Boards Post

WuLong replied to the Political Asylum board. 12:11 PM

Re: I'm Writing Off The Trump Base

As a charter member of Never Trump, someone who has described him as Lord of Chaos and a daemon of the Abyss, I must say...

Writing off 30 states? 60% of the Republic? That speaks volumes.
Scratch a liberal...


Quite [more]

Wed Jul 18

NL

Boards Post

WuLong replied to the Political Asylum board. 3:21 PM

Re: Trumplandia in pictures

what is that third flag?
Odin's Cross.

NL

Boards Post

WuLong replied to the Political Asylum board. 12:37 PM

Re: Voting Machine Tampering

As an IT professional who has served as an election judge, I will only cast a paper ballot.

Recommendation

WuLong recommended mungofitch's post on the Berkshire Hathaway board. 12:15 PM

Re: Poll: Given the news on buyback, are you buying
NL

Boards Post

WuLong replied to the Political Asylum board. 10:10 AM

Re: Woodward: Calm Down

I can't believe that I just had to disguise a perfectly respectable expression because it contained the name of a small bird
Heard. My frustration is that it limits discussion of game theory.
I go with the original, tip for tap.

Tue Jul 17

NL

Boards Post

WuLong replied to the Political Asylum board. 9:13 PM

Re: Woodward: Calm Down

Nice attempt at deflection, though, WuLong.
Since I am a charter member of Never Trump, I'm really not sure what your point is.
Do you?

NL

Boards Post

WuLong posted to the Political Asylum board. 7:13 PM

P Riot wins in European Court

***** Riot Prevails Against Russia In European Human Rights Court Ruling
The (European Court of Human Rights) has ordered Russia to pay approximately $57,000 in damages and expenses to Alyokhina, Tolokonnikova and Samutsevich.
[more]

NL

Boards Post

WuLong replied to the Berkshire Hathaway board. 7:03 PM

Re: BRK Amends Share Repurchase Program

Floor is gone....
Well, no.

I don't believe BRK was required to make purchases if the 20% level were reached, merely that they couldn't make purchases above it.
I take this as meaning that WEB is not expecting [more]

Recommendation

WuLong recommended BlueGrits's post on the Political Asylum board. 5:20 PM

Re: So Now Trump is trying to clarify...
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Big gold star, 5000 posts Old School Fool
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Very First Post Re: gold and rare coins (7/14/1997)
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