Abel, Berkshire, and the Weight of Expectation

The market, of course, is rarely concerned with the slow, quiet work of compounding interest. It prefers the spectacle. A new initiative, a daring acquisition – these are the things that capture the imagination, and briefly, inflate the price. But value, genuine and lasting, is rarely born of such fireworks. It is more often the result of consistent, unglamorous effort, a willingness to simply… wait.

Ackman’s Holdings: A Prudent Investor’s View

To wait for the formal offering is unnecessary. The publicly available records detail the fund’s current positions, and a careful reading reveals a pattern of investment in established, if not entirely unblemished, companies. Approximately 48% of the managed stock portfolio is currently allocated to just three entities – a concentration that demands scrutiny, but does not necessarily imply recklessness.

Dafne Keen Shows Off Strength and Confidence in Steamy Gym Clip

Keen showcased her workout in a video, sporting a red leggings and crop top set. She completed each exercise with impressive focus and energy, and her fans were quick to share the post, complimenting her dedication and fitness level. Keen kept the caption short and sweet – just a heart and the word ‘gym’ – letting her workout do the talking.

Nuclear Futures: A Fever Dream of Power

First up: Cameco (CCJ 6.40%). These aren’t your grandfather’s uranium miners. They control 15% of the GLOBAL supply. FIFTEEN PERCENT. Kazatomprom is breathing down their neck, sure, but Cameco has the McArthur River mine… a vein of high-grade uranium so rich, it practically bleeds power. They hauled in $3.4 billion last year, a solid 11% jump. And let me tell you, in this insane market, uranium was the ONLY energy resource that wasn’t circling the drain. A 16.9% profit margin? In mining? That’s witchcraft, pure and simple. But they don’t just dig stuff up. They refine it, fuel it, and they own 49% of Westinghouse, the guys building the AP1000 reactors. These aren’t your daddy’s reactors, either. We’re talking advanced, efficient… practically foolproof. (Don’t quote me on that last part.) Cameco has a hand in EVERY stage of this madness. From the mine to the meltdown… I mean, the power plant.

Expensive Habits

But the cough is significant, because the numbers are… well, they’re showing off. The Shiller P/E ratio, or CAPE, as the professionals call it—a name that sounds suspiciously like a type of outerwear—is hovering around 39.2. That’s nearing 2000 levels, which, if you recall, was a time when people were convinced pets.com was a viable business model. It’s a ratio that looks at ten years of earnings, smoothing out the bumps, and right now, it’s screaming “expensive.” My father used to say anything over 20 was a fool’s game, but he also wore socks with sandals, so…

UPS and the Middle East Muddle

The price of oil, you see, has been doing a jiggly dance, shooting upwards like a startled jack-in-the-box. Naturally, the people at UPS started to fret about fuel costs. But here’s a secret: fuel isn’t quite the monster they make it out to be. In 2025, all the fuel used to whizz parcels about cost a measly $4.3 billion. That’s a lot of money, of course, but only 5.3% of their total expenses of $80.8 billion. A mere crumb, really.