More brief comments...
---Warren Buffett was interviewed on CNBC this morning for about 20 minutes. He was his usual low key and congenial self, and not predisposed to give any broad directional comments about today's equity market. As always, he looks to invest when he sees value, and not purportedly time the market. He does currently have huge cash reserves now at his company, so obviously has not seen a major opportunity recently, actually in the last three years. Comments of interest... he continues to modestly add to his Apple position, one in which he owns 5% of outstanding shares... he owns approximately 9.5% of the shares of each of the four major airlines, Delta, Southwest, American, United and that was not known here... but he is not as attracted to consumer branded products as he once was. It was all interpreted here as having a degree of caution at the moment, but those airline investments?
---In the current New Yorker, there is an article about the journalist Glenn Greenwald. It is fascinating, if at times a bit confusing. Here, Greenwald has not surfaced much since his interactions with Edward Snowden and Julian Assuage were widely publicized. The range of his interests and his style of life are covered here. While he is the scourge of the elite Democratic establishment, he writes of Trump, "he is a criminal surrounded by fifth tier grifters who, under normal circumstances, would be generation Power Points to defraud pensioners." Pinning down the mercurial Greenwald is not easy.
---This September 3rd issue of the magazine packed with things of interest... Louis Menand on Francis Fukayama's latest book, a review that must be read again to begin to fully understand it... Jon Lee Anderson on the Ortega regime in Nicaragua... a comment on the HBO program "Succession", an eight show series that presumably will continue, and was a program about business titans in general that was well done for the most part, despite some flaws I liked it... Anthony Lane reviewing a documentary about John McEnroe by a French director, just in time for this U.S. Open... and more of interest. When there is an issue like this it is a treat, especially because magazines are so much easier than books to read in bed while waiting for sleep.
---In the current New Yorker, there is an article about the journalist Glenn Greenwald. It is fascinating, if at times a bit confusing. Here, Greenwald has not surfaced much since his interactions with Edward Snowden and Julian Assuage were widely publicized. The range of his interests and his style of life are covered here. While he is the scourge of the elite Democratic establishment, he writes of Trump, "he is a criminal surrounded by fifth tier grifters who, under normal circumstances, would be generation Power Points to defraud pensioners." Pinning down the mercurial Greenwald is not easy.
---This September 3rd issue of the magazine packed with things of interest... Louis Menand on Francis Fukayama's latest book, a review that must be read again to begin to fully understand it... Jon Lee Anderson on the Ortega regime in Nicaragua... a comment on the HBO program "Succession", an eight show series that presumably will continue, and was a program about business titans in general that was well done for the most part, despite some flaws I liked it... Anthony Lane reviewing a documentary about John McEnroe by a French director, just in time for this U.S. Open... and more of interest. When there is an issue like this it is a treat, especially because magazines are so much easier than books to read in bed while waiting for sleep.
posted by John Borden at 4:57 PM
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