Is Thanksgiving Real

It's Thanksgiving week, which means I'm going to the well again for a list of things for which I am not thankful.  It's going to be a politically heavy list this year, because it's an easy fit....

The most corrupt, amoral, unethical person to be elected U.S. president, Trump.

All of the complicit, lying, sycophants of that person.

The right-wing Republican propaganda machine.

The stupidity of Americans, and by default, the American electorate.  I wrote about this 15 years ago!

Our lack of critical thinkers.  I wrote about this 13 years ago!

I'm sure I've said this in the past, maybe multiple times, but....reality television.

Tech bros.

Crypto bros.

Real estate commissions.

People who don't take care of their yards.

Door dings.

Spam texts and emails.

2023

I promised to be less optimistic in my last annual list of things I'd like to see happen next year.  For the most part, that turned out to be a good idea.  Let's review the 2021 list, with comments in ALL CAPS:

More mandates and life complications for the unvaxxed, making more of them get vaxxed.

I SUPPOSE MORE GOT VAXXED, BUT NOT FOR INVOLUNTARY REASONS

Cryptocurrency regulations.

CLOSE BUT DIDN'T HAPPEN, BUT IT'S A LOT MORE LIKELY NOW THAT BIGSHOTS LOST BIG MONEY IN THE BANKRUPTCY OF FTX.

Prosecutions and convictions of Trump administration / organization officials who had roles in the 1/6/2021 insurrection.

CALLING THIS A YES, BECAUSE ALTHOUGH IT DIDN'T HAPPEN YET FOR ADMIN FOLKS, IT DID FOR MANY OTHER INDIVIDUALS.

A Winter Olympics that actually happens.

CHECK.  BUT IT WAS SORTA BORING.

An executive order, at the least, to loosen federal rules on cannabis.

YES THIS DID HAPPEN, BUT IT'S ONLY A PYRRHIC VICTORY WITHOUT ACUTAL LEGISLATIVE ACTION.

A top-tier Minnesota Vikings football team.

12-3 AS I WRITE THIS, SO I GUESS IT'S A YES?

A loss of market cap and credibility for Facebook/Meta.

A GIANT YES.

Me playing golf at a famous course / resort.

NO.

A decline in residential home buying.

ANOTHER GIANT YES, THANKS TO HIGHER INTEREST RATES.

A repeat from 2020 – me traveling to the final four U.S. states in which I’ve never set foot.

75% YES SINCE I GOT TO 3 OF THE 4.  ONLY ALASKA LEFT NOW.

Now for my new annual list of things I'd like to see happen next year.

A rising stock and bond market.

That Vladimir Putin is purged as a leader.  Any mysterious and/or violent way is acceptable.

Newly remodeled bathrooms in my house.

Me attending a major sporting event.

Elon Musk leaves Twitter, or I leave Twitter for another similar service.

Drought relief for the western U.S.

Me getting a golfing hole-in-one or eagle.

MAGA-death, and a crop of moderate presidential candidates for 2024 who aren't aged 70s or 80s.

More acceptance and usage of plant-based proteins.

2022

Last year I implied that 2020 was the worst year of everyone's lifetime, you know, pandemic and all.  This year started with the promise that COVID-19 vaccines would make 2021 relatively normal.  I should have known better.

With that in mind, I’ll try to be less optimistic on my annual list of things I’d like to see happen next year.  But first, here’s this year’s annual review with comments in ALL CAPS:

A non-pandemic world where people live without fear of contracting COVID-19.

A HARD-ROCK SOLID NO.

A less-friendly social and legal environment for those who help spread malicious propaganda and conspiracy theories.

A SOFT-ROCK SOLID NO.

A Summer Olympics that actually happens.

YES, BUT IT WASN’T THE SAME WITHOUT CROWDS.

Revelations and prosecutions of Trump administration / organization officials who broke laws.

YES ON THE REVELATIONS, NOT SO MUCH ON THE PROSECUTIONS (YET).

More time to read, more time to listen to podcasts.

THANKS TO AN ONGOING PANDEMIC, THIS WAS PROBABLY MORE TRUE THAN NOT.

An easy integration of administration and technology between Charles Schwab and TD Ameritrade.  (A rare professional ask in this annual list.)

THEY DIDN’T EVEN BEGIN THIS YEAR.

A full return of college and professional sports.

THIS IS A QUALIFIED NO, GAMES WERE STILL POSTPONED AND CANCELED.

The Minnesota Twins to break their streak of 18 consecutive playoff game losses.

NO, BECAUSE THEY'D HAVE TO MAKE THE PLAYOFFS FIRST.

Less interaction with people who make every conversation about them.

YES, PROGRESS HAS BEEN MADE ON THIS.

An awesome vacation.

DID MAKE A FUN TRIP TO SOCAL AND VEGAS IN SEPTEMBER.

For 2022, I want to experience this:

More mandates and life complications for the unvaxxed, making more of them get vaxxed.

Cryptocurrency regulations.

Prosecutions and convictions of Trump administration / organization officials who had roles in the 1/6/2021 insurrection.

A Winter Olympics that actually happens.

An executive order, at the least, to loosen federal rules on cannabis.

A top-tier Minnesota Vikings football team.

A loss of market cap and credibility for Facebook/Meta.

Me playing golf at a famous course / resort.

A decline in residential home buying.

A repeat from 2020 – me traveling to the final four U.S. states in which I’ve never set foot.

Berky Meeting Nuggets 2021

Unfortunately again this year, only virtual attendance was allowed at the Berkshire Hathaway annual shareholders meeting.  It was still quite different than last year, when the meeting was held in an empty arena in Omaha.

This year, the meeting was held in a studio / ballroom in Los Angeles, to make it easier for Charlie Munger to attend and participate.  Everybody missed having him around to make his smart aleck comments last year, including Warren Buffett.

I watched the entire stream again, almost five hours of Buffett and Munger answering questions submitted by email.  Buffett first kicked off the meeting by noting that not one of the 20 top companies by market capitalization 30 years ago are still among the top 20 today.  The point being, no one knows how things are going to change in the coming years.

This year, more questions were directed or re-directed toward the co-COOs, Ajit Jain and Greg Abel, so we got to hear more from them.  Which leads to the biggest reveal from the meeting.....

Munger inadvertently mentioned that Greg, (not "Greg or Ajit") would maintain the Berky culture, implicitly admitting Abel would become the CEO.  Buffett confirmed this after the meeting, and while it was highly expected, it was the first public confirmation of something that has been a closely guarded secret for many years.

Aside from that slip of the tongue, the 97-year-old Munger didn't disappoint, sharing his disgust for things like cryptocurrencies, which he described as "contrary to the interests of civilization."  Both Buffett and Munger also held noted disdain for special purpose acquisition companies (SPACs), due to the self-interest of the participants over shareholders.  Same for new investing apps like Robinhood, which Buffett described as a "casino group that's joined the stock market."

Near the end, one of the best quotes came from Munger when he said about the past year, ""If you're not a little confused by what's going on, you don't understand it."

Buffett signed off by saying he hoped we could all get back together in person next year in Omaha.  I plan to be there.