
PLynchJr
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Everything posted by PLynchJr
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Bill Ackman - Pershing Square 3Q 2011 Shareholder Letter
PLynchJr replied to farnamstreet's topic in General Discussion
Not bad? Man some people are hard to please! ;) -
PM
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I'm a huge fan too. Last night was great win...epecially after that ending in game 3. Go Sox!
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Finished it last week. I agree that it's a very good book and well worth the read!
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Some of my 2.5 year old son's favorites that I also like... [amazonsearch]Goodnight, Goodnight Construction Site[/amazonsearch] [amazonsearch]Little Blue Truck[/amazonsearch]
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best way to view this site on mobile and tablet
PLynchJr replied to bargainman's topic in General Discussion
Works great on the iPad in my opinion. It is not so great on the iPhone 5. Landscape mode helps obviously. -
How Quincy, Florida Became a Town of Secret Coca-Cola Millionaires
PLynchJr replied to mrvlad0's topic in General Discussion
Coke, beer and cigarettes. -
I Worry About "The Shot Heard Around The World"
PLynchJr replied to Parsad's topic in General Discussion
Well said Kraven. :) -
Congrats! Now cry me a river. ;)
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I believe Bruce Berkowitz does this too.
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Bruce Berkowitz Closing Funds to New Investors
PLynchJr replied to txlaw's topic in General Discussion
Why is he closing the allocation and income funds? They are tiny...268M and 241M respectively. Do you think he'll roll them all into the original Fairholme Fund (FAIRX)? If he doesn't any idea if you are a shareholder in say FAIRX could you swap that position with FAAFX in a year if you wanted? Or would you have to be a shareholder in each Fairholme fund before the cutoff date? Also are there any issues to owning closed funds that accepts new investments from current shareholders at a broker like Fidelity? -
I use http://www.dataroma.com/m/home.php to track the handful of "gurus" I think are worth watching closely. It's a very nice site and best of all...free. If you want to know as soon as a new filing is out you can setup an RSS feed of SEC filings for a particular fund. For example if you wanted to keep tabs on Bruce Berkowitz you could create an RSS feed for Fairholme Capital Management. As soon as a new filing is listed it will popup in your RSS reader of choice.
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I did 55% in my personal accounts and 15% in a family account I manage. My accounts are very concentrated. Bank of America and Apple were my biggest holdings / winners. The family account is more conservative and diversified. I'm dealing with what most here would consider tiny sums so nothing to really brag about. Huge thanks to all the contributors here for all the wonderful ideas and sharing.
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Ryan Morris-28 year old activist investor
PLynchJr replied to eclecticvalue's topic in General Discussion
What name did / does he post under here? -
What would you guys buy TODAY? given 100% cash
PLynchJr replied to hyten1's topic in General Discussion
BAC, AIG, AAPL, JPM, WFC, SHLD -
Dimon Would Be Best to Lead Treasury in Crisis, Buffett Says
PLynchJr replied to Liberty's topic in Berkshire Hathaway
I'd be extremely disappointed as a JPM shareholder if he took the job. -
I use Fidelity for all my banking and brokerage account needs. I've been very happy with them. I love being able to deposit checks on my iPhone & iPad.
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I wouldn't consider selling until around 18. And only then if I had a much better place for the money.
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Reading his books right after college is what got me hooked on investing. I've probably re-read them all about 5 times. I've got a Word file with my notes on them that I review several times per year.
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The Bank of America Corporation Board of Directors today appointed Sharon Allen, former Deloitte LLP chairman, Jack Bovender, former HCA Inc. chairman and chief executive officer, Linda Hudson, president and CEO of BAE Systems Inc., and David Yost, former CEO of AmerisourceBergen Corp., as new directors. The appointments are effective immediately. http://newsroom.bankofamerica.com/press-release/corporate-and-financial-news/bank-america-board-appoints-four-new-directors
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I've been buying a little BAC, JPM, BP, PG, MBI lately...getting the urge to buy more. Thinking about a new position in AIG and adding to some others.
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Also adding.