Tuesday, June 23, 2020

Notes From All Over -- Morning Edition -- Rum-Soaked Cake Not Just For Dessert Any More -- Thank You, #BLM -- June 23, 2020

Busy, busy day. I have a gazillion things in draft, but I don't have time to get anything posted. I will be off the net for about an hour. Have a great day.

But first things first: one of my many Father's Day gifts -- I checked the ingredients. Identical to what one might find in homemade waffles.


The only difference: Aunt Jemima's syrup vs Kentucky Bourbon. Now that I'm "woke" and understand the racist connotation of the former, I am changing my breakfast routine. LOL. What a great country. Thank you #BLM. I'm changing my breakfast routine. No more waffles -- no more Aunt Jemima's syrup. It's butter cake for me from now on. LOL. Would the Waffle House need to get a liquor permit to sell rum-soaked waffles?

By the way, we've come full circle. The first "love of my life," generally had cake for breakfast. She noticed the same thing about the ingredients. By the way, we've talked about this before: can one have more than one "love of one's life"? My wife would say "no." LOL.


Fast and furious. We will get back to these stories later. Lots of Uber-granddaughter driving today.
  • the myth of herd immunity;
  • the myth of surging Covid cases;
  • the market:
  • Tesla: keeping Austin weird;
  • the death of car ownership: another myth; 
  • Amazon; Alexa 
  • winners and losers:
    • winner: Phoenix
    • loser: Seattle
YouTube: I surfed YouTube from 9:30 p.m. last night to well after midnight. A most wonderful evening. Maybe more on that later.

*********************************
Buffett's Hypothetical Spreadsheet

For background, see this post from yesterday. 

Tell me again how Buffett's "panic selling" resulted in a $3-billion loss. See previous notes. Will provide links later, but regular readers know what I'm talking about.


Airline
Shr Price: 3/31/2020
Dollars: 3/31/2020
Shares
Shr Price: June 23, 2020
Total: June 19, 2020

DAL
28.53
675,000,000
23,659,306
29.06
687,539,432

UAL
31.55
675,000,000
21,394,612
35.24
753,946,117

AAL
12.19
675,000,000
55,373,257
13.81
764,704,676

SWA (LUV)
35.61
675,000,000
18,955,350
34.04
645,240,101



2,700,000,000


2,851,430,327








AAPL
254.29
2,700,000,000
10,617,799
365.76
3,883,566,007













1,032,135,681




















2,851,430,327






36.20%







March 24, 2020

224

10,617,799

2,378,386,881
June 23, 2020

365.76

10,617,799

3,883,566,007






1,505,179,126

From March 24, 2020, to June 23, 2020: a 44% gain on AAPL.

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