The Million Dollar Way (The Bakken Oil Blog)

Monday, November 21, 2022

Another Good-News Story For Grapevine, Texas -- November 21, 2022

Harbor Freight coming to Grapevine!

I'm Trolling -- Do Not Take Out Of Context -- November 21, 2022

Locator: 33221C.

This is what the 65+ seniors (i.e., voters) see:

Biden: a jump in social security benefits by almost 10% in two months. Whoo-hoo!
GOP (McCarthy): maintains pledge to remove Omar Ilhan from foreign affairs committee. Whoo-hoo!

Link here.

From my perspective: why didn't Kevin McCarthy post a 10-point plan to help middle class Americans as soon as the midterm elections were over?

He's had two years to prepare.

What has he been doing for the past two years; he's had a lot of spare time to work on that list.

He appears to be unable to think "big" (strategically).

A ten-point list?

bring interest rates down; bring mortgage rates down (it's going to happen anyway; might as well take credit)
college tuition assistance plan; tweak the Biden tuition-debt cancellation initiative
a green-energy program that makes sense

ex: Daimler EVs and state of California partnership

Americans' right(s) to basic utilities (electricity, water, internet)

ex: everyone gets $200 tax credit -- credit -- for utilities to include free basic internet -- tax credit must be spent on utilities, internet

military funding overhaul
immigration overhaul with emphasis on embracing the "southern surge";

streamline, expedite citizenship-path process from current ten years (or longer) to max of three years with aggressive requirements (language, job history, job skills)
Abbott lost four of the five big cities in Texas; and, almost lost all five
Beto easily won the border counties
Abbott is on the "wrong" side of history
Beto was simply "a bridge too far" for 45% of Texans

recreational drug policy: align federal law with state laws;

let private enterprise manage recreational drug use;

screw China (he probably needs to use a different "word")
go full Monty on an EV charging network on the US interstate system
photo-ops in California, Florida, Texas, New York City, Chicago, and Detroit
move toward a four-day workweek for federal bureaucracy

focus on productivity, not hours in office

Disney -- November 21, 2022

Investors.

Streaming: link here. Streaming wars.

Disney:

Iger is back: here's what happened, a thread.

Hulu vs YouTube.

#1 vs #2 ... or ... #2 vs #1.

DIS has three components: the parks, content, and streaming.

Let's see what Iger does with streaming.

Hopefully Iger will see the "Florida story" as a distraction.

Regardless, I'm not an investor in DIS.

Bob Iger returning to DIS is not a "Steve Jobs returning to AAPL" story.

Wow -- Daimler -- November 21, 2022

Link here.

Daimler -- Freightliner -- Western Star -- tag.

We've discussed this often on the blog.

An open book test.

I've changed my "new-money allocation" plan, 30-year horizon.

Was:

Buffett, blue-chip: 40%
tech infrastructure (mostly chips): 30%
energy (mostly oil): 20%
mRNNA: 10%

New:

Buffett, blue-chip: 30%
tech infrastructure (mostly chips): 30%
energy (mostly oil): 20%
mRNA: 10%
Daimler: 10% (might be considered part of Buffett, blue-chip)

Screenshots:

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

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.

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For The Archives
Daimler

The various ticker symbols are confusing.

I had been accumulating shares in Daimler for decades before the truck division spin-off.

I don't remember the specifics but after the spin-off, all my Daimler holdings were exchanged for "Daimler truck group holding," ticker symbol: DTRHF.

Most recently, I've been accumulating DTRUY.

From page 28 of the 2021 Annual Report: