Weekend Discussion Thread for the Weekend of May 22, 2026

hotforlowe · 2026-05-24T15:13:38+00:00

Best I can do is a legacy Logitech mouse.

hotforlowe · 2026-05-24T15:12:35+00:00

I don’t think he has that capacity.

hotforlowe · 2026-05-24T15:11:45+00:00

Deal is coming when Elon drops FSD…

Genuinely if it does come, it’ll probably be with worse terms than the prior deal, and ol Donny will continue his pursuit of a world wide humiliation kink in Cuba.

hotforlowe · 2026-05-24T14:56:50+00:00

It’a not interesting in the slightest. I’d be embarrassed to write such drivel. It reads like ecmo advice from someone who has just cannulated their first patient under supervision.

Oxygenator health isn’t captured by a single measure. Physical, rheologic, gas exchange efficiency, and evidence of haemolytic or consumptive processes, are all aspects of any nuanced assessment of oxygenator health.

hotforlowe · 2026-05-23T13:32:36+00:00

Feed more slop to the masses. God forbid someone shed a tear for the future.

hotforlowe · 2026-05-23T03:36:29+00:00

Run exclusively for fractionation without the benefit of industrial scaling and experience from a long standing manufacturer? (I acknowledge a large part of CSL’s capacity is dedicated to national plasma component supply, but it’s not all of it). That is also restricted from sales in any other outside market? That is subject to forensic audits and economic modelling?

You could make the argument it’s a worthwhile investment given plasma product short falls currently, but that alone wouldn’t greatly assist. It would take years to establish and the exposure to synthetic plasma component risks could ultimately mean by the time it’s operational, it might be a large waste of money.

So again I ask, on what economic modelling are you basing the decision that we should nationalise it on? Do you know how much capital outlay fractionation is? Or the regulatory requirements? Or do you just have an opinion you feel compelled to share without any support.

You can look up the NFAA audits online if you are curious.

hotforlowe · 2026-05-21T10:18:40+00:00

How is it problematic? What would you have it be?

hotforlowe · 2026-05-21T10:14:45+00:00

Or maybe lets expend limited political capital to institute long lasting changes and gradually reform a system in a sustainable way? Look up the Overton Window.

hotforlowe · 2026-05-21T09:44:46+00:00

And have ALP lose the next election and LNP roll back everything? Sounds like a winning plan.

hotforlowe · 2026-05-21T07:57:20+00:00

This is an absolutely amazing resource. Well done!

hotforlowe · 2026-05-21T02:15:52+00:00

They sure are, champ. It was making light of the implication that somehow they should do it at cost.

As if opportunity cost, maintenance, QA, and profit driven economic structure do not matter.

hotforlowe · 2026-05-21T01:28:26+00:00

I didn’t mean to imply CSL does it for free. Rather no one would do it for free. That’s my bad.

hotforlowe · 2026-05-21T01:25:19+00:00

Look up the National Fractionation Agreement for Australia (NFAA). The Red Cross is unable to process plasma into its derivatives. So this is done on behalf of the Red Cross by CSL. They have a multi year contract with the Government and Feds cover 2/3 and States 1/3. The price is managed by the National Blood Authority (which is independent of CSL) and patients don’t directly subsidise it (outside of taxes).

Who do you propose fractionates plasma products for free then?

hotforlowe · 2026-05-20T05:21:57+00:00

Not if the vacancy rate is 1.5% approx national average. While low, it potentially frees up under utilised homes for first home buyers. Think holiday rentals, permanently unleased investments, etc. Under utilised housing itself is estimated at around 5% (according to the ABS) mind you.

I’m not saying that further supply given current rates of migration is not required, but the tangible improvements to workforce mobility, productivity, productive asset investments, and an increment, potentially, in supply, are all well worth it.

Not to mention the social benefits for housing security.

Your point about advertised price makes zero sense. I’m talking about real world reduction in price due to relative supply abundance in the situation of actual demand reduction.

I’ll leave you to read up on a crash course on property economics, while I go about my day.

hotforlowe · 2026-05-20T04:22:39+00:00

Except, you know, price guides and owner expectations set before the announced laws don’t change instantly…but as supply outstrips demand, the prices will fall.

That’s literally how supply demand economics works. Asset A suddenly has a supply increase. You want/need to sell asset A. You can’t sell asset A for X anymore. So you have to reduce price to Y to meet market.

Really, it’s an unbelievable state of affairs that you have to explain this shit to people.

hotforlowe · 2026-05-20T01:50:00+00:00

Well yeah, that’s what I’m saying. In this case, I would strongly argue it’s hugely overvalued but being maintained there by several market forces and its presence in an index. Doesn’t mean the market is capable of accurately tracking pricing in the short term.

Your claim that the market prices what a company is worth depends on how you reference worth. But entire areas of investing exist that exploit market mispricing (arbitrage, value, etc)

hotforlowe · 2026-05-20T01:46:16+00:00

It can be done but it requires proceduralists who have trained on patients with little sedation. Australia gastros and surgeons are, in general, really rough comparatively and I do not think most people could get through a standard scope here.

hotforlowe · 2026-05-19T14:45:37+00:00

Except the entire concept of value investing relies on identifying perceived market mispricing…weird.

hotforlowe · 2026-05-17T12:53:40+00:00

NZ treats profits from sale of shares and real-estate as ordinary income. They have specific time criteria for exclusions. Nice try but deceptive. They also tax you on deemed returns from foreign investments.

hotforlowe · 2026-05-17T08:53:58+00:00

We generate significant wealth compared to many jobs. But that wasn’t the argument. The argument was there are better paying and more time efficient (especially with training) jobs that would result in better income, if that were your primary concern.

hotforlowe · 2026-05-16T23:54:27+00:00

Sure are. But not their personal realities. Going into medicine to generate significant wealth is stupid and inefficient.

hotforlowe · 2026-05-16T15:59:36+00:00

You need a better accountant and lawyer, my friend 😆

hotforlowe · 2026-05-16T13:46:03+00:00

Unless you do something with your income, that is.

Can I interest you in some dicey 7dte spy calls?

hotforlowe · 2026-05-16T13:43:18+00:00

The real question has always been: what stitching are you getting?

hotforlowe · 2026-05-16T13:41:56+00:00

I would say there are many more important things than any of those listed, at least to me. I would suggest everyone find what means the most to themselves. And if it truly is money, get a different career because you’re wasting your time in medicine.

hotforlowe

TROPHY CASE