Fast And Furious -- September 29, 2022

Usual disclaimers apply.

Apple: wow, the technology is amazing. I assume this has been here all along, but I just noticed it --

• the dock at the bottom of my desktop Apple has all the usual icons: Firefox, Safari, Chrome, FaceTime, iMessage, iMusic, and a dozen others;
• this morning I noticed "Firefox From MacBook Air" which links the desktop from my MacBook Air
• how cool is that

Apple:

• huge buying opportunity.

Tampa, FL:

• apparently this is a huge port for Florida for gasoline and fertilizer
• Florida gets most of its gasoline by ship to Tampa, FL, from Texas, Louisiana refineries
• fertilizer: ecologic disaster with the storm surge

Bezos:

• wife -- the one he divorced back in 2021, or thereabouts -- has just divorced her second husband
• Bezos: fist pump

Buffett:

• just bought another 5.99 million shares of OXY
• open-book test
• essay question: is Buffett telling us something?
  

California:

• gasoline just got a lot more expensive
• and that state isn't experiencing a hurricane

Biden administration:

• warning oil companies not to increase the price of gasoline in light of current conditions
• oh, how badly, SecEnergy wants to nationalize XOM, CVX,

CVX:

• moving to Texas; old news, but big story in The WSJ

Jones Act:

• Biden temporarily waives Jones Act for Puerto Rico
• some irony here, I suppose
• Florida, next -- oh, that's right -- Florida is a red state

Laser-focused on dividends

• will do a stand-alone post on dividend news
• companies are going to find out that investors want dividends, not stock buybacks
• Apple: bought a lot of its own stock -- could have paid dividends -- stock plummets 4% in one day
• not sure how stock buybacks helped investors
• and, oh, by the way, it looks like Apple bought high

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.