Japanese Masshole

Finally picked my lazy ass up to purchase Hanshin Tigers tickets at home game(Koshien Stadium). Little that I know they were all sold out for this season....

I hate my clients

Happy New Year to all the beautiful people on Baseball Twitter. I can’t wait to get into the nerdiest arguments with you over the next 7 months. I look forward to celebrating my team’s wins, reveling in my haters’ losses, gossiping about all the drama, and watching ding dongs.

Excited to begin my 26th MLB & 36th pro season! 🙏 1991-92 Pittsfield Mets 1993-95 Binghamton Mets 1996-2000 Pawtucket Red Sox 2001-2015 Boston Red Sox 2016- San Diego Padres

OK. Trump is now officially GW2.0.

Can’t imagine why Japan is sick of tourists.

The N.Y. Fed just completed a study that found that 90% of Trump's tariffs are paid by Americans. Since this is such basic economics, there really was no need to conduct a study. What should be most concerning is that neither Trump nor his advisors understand this simple concept.

In 1998, Warren Buffett gave a 1-hour masterclass on how to never lose money investing.

Hooray

In 1985, Warren Buffett sat down for his most iconic interview ever. If you want to understand the psychology of wealth, this is 10 minutes of pure gold. Save this rare footage, you’ll be coming back to it.

As you start today with all the motivation in the world, remember this: it won’t last. Build a routine. Do it no matter what. When you really can’t, don’t quit or beat yourself up, just do it the next day. Show up, over and over. It is the only thing that works.

Warren Buffett on how to calculate intrinsic value, a masterclass on investing

The U.S. has surpassed 2,000 measles cases for the first time in more than 30 years, according to data from the CDC.

PCG detected a Chinese Research Vessel illegally operating inside the Philippine EEZ. PCG issued radio challenges to the Chinese vessel Tan Suo Er Hao & emphasized that prior consent is required to be present in the Philippines' waters. Well, Chinese “research” vessels are infamous for dual-use activities like seabed mapping, sensor deployment & monitoring undersea communications.

Buffett didn't retire. He spent two years demolishing and rebuilding Berkshire from scratch. Wall Street completely missed it: 74% of Apple. Sold. 677 million shares. Liquidated. $130 billion. Converted to T-bills. Tomorrow Greg Abel inherits: $381.7 billion cash fortress (That's 5% of ALL U.S. Treasury bills) $15 billion per year in risk-free income (More than BNSF Railway earns) Zero concentration risk (The hardest decision already made for him) But here's what nobody is talking about: The Japanese carry trade. Buffett borrowed ¥1.3 TRILLION at 1.6%. Bought $31 billion in trading houses yielding 4%+. Currency-hedged. Self-funding. Net profit: $677 million per year. For doing absolutely nothing. This is the most sophisticated financial engineering of his 60-year career. Then on December 8th, the real signal dropped. Todd Combs left for JPMorgan. 23 days before the handover. After 15 years. The stock-picking era at Berkshire is over. What Abel actually inherits: An operating company, not an investment fund. A $50B+ deployment capacity per opportunity. A free call option on market collapse. A Japanese income machine running on autopilot. Sum-of-parts: $1.05-1.15 trillion intrinsic. Market cap: $1.08 trillion. Fair value with embedded optionality. PREDICTION: By February 2026, the 10-K will confirm: Japanese dividends exceeded $800M. No Apple rebuy occurred. Abel's first acquisition target is identified. The Oracle didn't step down. He rebuilt the entire machine for a world without him. And handed his successor the most deliberately engineered corporate handover in history. The fortress is complete. Tomorrow we find out if it holds. Read the full deep dive story about Oracle of Omaha here! - open.substack.com/pub/shanakaans…

Having depleted fish stocks in its own coastal waters in the early 2000s, Chinese fishing boats are now destroying fishing stock all across the world. The destruction in South America by the Chinese fishing vessels is unimaginable. China now accounted for over 80 percent of fishing in the waters off Argentina, Ecuador, and Peru. China is ranked as the world’s worst nation in a IUU fishing index. Its fleet, by far the largest in the world, is regularly implicated in overfishing, targeting of endangered shark species, illegal intrusion of jurisdiction, false licensing and catch documentation, and forced labour. @RealTonySLee @MiddleOfMayhem @TheAndersPaul @DrewPavlou

Interesting look. However, I have rather pessimistic outlook. Weakened yen attracts lot less foreign talents comparing to PRIDE days and declining population = declining fan base & shrinking market. The future doesn't look bright unless foreigners invest in this.

A tough loss for Asakura. And it was another terrible display of referring - they ALWAYS hesitate to stop the fight when their star fighters are getting beaten(e.g. Sakuraba, Masato and Mikuru). #RIZIN

The City of Los Angeles adopted a homelessness budget of about $1.3 billion per year from 2023-2024. A separate independent audit (commissioned by a federal judge in early 2025) reviewed $2.4 billion in city funding and found it "nearly impossible" to track where much of it went. In addition to that, Santa Monica’s annual spending on homelessness programs and services has been reported at roughly $40 – $43 million per year; roughly 1/3rd of the budget for the Police Department. Someone needs to investigate this further.

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