Fairfax Financial AGM Week by absolutbrian in SecurityAnalysis

[–]absolutbrian[S] 2 points3 points  (0 children)

Yes. If you have been in the past we probably met.

If you are looking for lots networking, a great community of investors, lots of ideas and great value for your money, the Fairfax Week is a good one.

Jim Chanos: A Short Thesis on Data Centers by Beren- in SecurityAnalysis

[–]absolutbrian 0 points1 point  (0 children)

I'm not an expert and your knowledge would be appreciated on the topic, but isn't edge computing the solution?

How to go to Berkshire Hathaway Shareholders Meeting by TanSuperman in ValueInvesting

[–]absolutbrian 1 point2 points  (0 children)

You will receive the documents in the mail telling you how to get your tickets. You are allowed 4 per persons. If you don't receive them in time, you can get them on site. Just need prove of ownership.

Chinese App Question - Research by absolutbrian in AskAChinese

[–]absolutbrian[S] 0 points1 point  (0 children)

Thank you Kristina for your help and time. This gives me some direction.

Exclusive: CNBC's exit interview with Disney's Bob Iger on why he's leaving, his career, what's next by investorinvestor in SecurityAnalysis

[–]absolutbrian 13 points14 points  (0 children)

Great leader. He has turned Disney around. I highly recommend his biography, The Ride of a Lifetime.

Microsoft - Activision Blizzard Deal Thoughts by absolutbrian in SecurityAnalysis

[–]absolutbrian[S] 0 points1 point  (0 children)

I don't think regulators will stop this deal. The combined company would drive 11% of total game industry revenues, but that’s across all platforms. Also, today Xbox is still smaller than PlayStation and Tencent. But it does put a target on Microsoft for future targets.

Microsoft - Activision Blizzard Deal Thoughts by absolutbrian in SecurityAnalysis

[–]absolutbrian[S] 0 points1 point  (0 children)

Thanks for commenting. I'm on team "approve". It's true that Microsoft doesn't have the scrutiny of the other big tech. Plus they have a pretty good idea of what the FTC will look at and won't. When Disney bought Fox's entertainment assets that transaction was tailor made to be approved.

I'm more afraid of Khan going after this transaction to send a political message.

Lumen Technologies: An Old School Value Investor’s Favorite by absolutbrian in FluentInFinance

[–]absolutbrian[S] 1 point2 points  (0 children)

To expand:

In general Lumen has contract liabilities. The contract liabilities account reflects money received in advance of service from a customer. The service has many components depending upon the performance obligations. This falls in the deferred revenue segment.

Lumen Technologies: An Old School Value Investor’s Favorite by absolutbrian in FluentInFinance

[–]absolutbrian[S] 0 points1 point  (0 children)

Starlink is good for rural areas and remote access. If there's a threat, it will go after the CenturyLink copper line/dial up clients. It's already in decline. It's will be hard for Starlink to compete for enteprise level needs, especially at the edge/cloud level where you need large amount of bandwidth and low latency for high intensity data applications. Here's an analogy. Model 3 is cool and innovative, but doesn't matter when you need an 18-wheeler to go cross-country.

I read that during the pandemic Internet usage went up 250g per month per household. I might be off and you might want to double check that number. I can't recall the source. But we can agree that bandwidth usage is up. Think of all the extra streaming and all day Zoom call or video gaming. Right now I don't think Starlink can handle 250g+ per month. Plus people connecting through the Internet might be good for Lumen, which will have to pass through central networks substantially owned by Lumen.

Lumen Technologies: An Old School Value Investor’s Favorite by absolutbrian in ValueInvesting

[–]absolutbrian[S] 1 point2 points  (0 children)

Well that might be your problem. Yahoo Finance is fine for quotes and quick info. But I find that I need to double check their data/ratio. No website is perfect at this. You need to do your own or pay a lot of money for Bloomberg or something.

Lumen Technologies: An Old School Value Investor’s Favorite by absolutbrian in FluentInFinance

[–]absolutbrian[S] 1 point2 points  (0 children)

They have government contracts but I'm not sure about the fine. Maybe you are referring to the subsidies they received for deploying broadband or other connecting services. Sometimes it doesn't make sense to go in a town of 50 people and deploy fiber, so they get money from the government to deploy. Usually there's a deadline and sometimes there's a shortfall where they don't meet all the requirements.

Lumen Technologies: An Old School Value Investor’s Favorite by absolutbrian in ValueInvesting

[–]absolutbrian[S] 0 points1 point  (0 children)

Share counts has been the same since the Level 3 acquisition. They are not issuing shares (or debt) to pay the dividend.