fareastwarriors

A fund manager who refunds fees? Meet Francis Chou http://www.theglobeandmail.com/globe-investor/investment-ideas/strategy-lab/value-investing/a-fund-manager-who-refunds-fees-meet-francis-chou/article18405672/

Howard Buffett Has Some Thoughts on That Berkshire Dividend http://blogs.wsj.com/moneybeat/2014/05/02/howard-buffett-has-some-thoughts-on-that-berkshire-dividend/

A profile on Howard Graham Buffett in the WSJournal http://online.wsj.com/news/articles/SB10001424052702304049904579518203727514762?mod=WSJ_hp_RightTopStories&mg=reno64-wsj Heir Apparent at Berkshire Hathaway: Warren Buffett's Eldest Son Howard Buffett, Farmer, Philanthropist and Volunteer Deputy Sheriff, Is Slated to Take Over as Berkshire Hathaway's Next Chairman

lol - i chuckled when i read that line - "cochella for investors" what's the next ? burning man for value?

paragraph 9, page 2 of pdf When was he a comodities trader?

Berkshire Hathaway Energy Purchases SNC-Lavalin's Equity in AltaLink http://www.menafn.com/00dbedf6-7da7-4a98-acea-3283bf21edf4/Berkshire-Hathaway-Energy-Purchases-SNCLavalins-Equity-in-AltaLink?src=main

Greg Abel: The Next Oracle of Omaha? http://www.businessweek.com/articles/2014-05-01/could-greg-abel-replace-warren-buffett-at-berkshire-hathaway#p1

Absent a Bear, Buffett Wants Tough Questions. How About These? http://www.bloomberg.com/news/2014-05-01/absent-a-bear-buffett-wants-tough-questions-how-about-these-.html

short clip on him on BloombergTV http://www.bloomberg.com/video/buffett-s-no-1-fan-how-i-live-like-the-oracle-5LCKJUjYQzaU0AThP1e9KQ.html

Buffett and Coke's Sweet CEO Pay http://www.bloombergview.com/articles/2014-04-29/rigging-ceo-pay

Buffett Pressures Coca-Cola Over Executive Pay Coke Rethinks Awards After Objections From Chief of Berkshire Hathaway, Which Holds Coca-Cola Shares http://online.wsj.com/news/articles/SB10001424052702303948104579534213589301296?mod=WSJ_LatestHeadlines&mg=reno64-wsj

$190 Billion in Losses at Fannie Mae, Freddie Mac in Severe Downturn http://www.bloombergview.com/articles/2014-04-30/fannie-and-freddie-would-only-lose-190-billion-in-another-crisis

Fairholme Backs Campaign to Save Fannie and Freddie http://dealbook.nytimes.com/2014/04/29/fairholme-backs-campaign-to-save-fannie-and-freddie/?src=busln

Thanks for the suggestion. Another that is on my list is The Frackers by Gregory Zuckerman. The Frackers was good. I just finished a month or so ago. The story about the original fracking guys is awesome. They are serious entrepreneurs, who took huge risks and were rewarded very, very well. The only thing that bothered me was I noticed a number or grammatical errors in the first quarter of the book (not that I never make mistakes). The author is a NYT writer I believe. Those kinds of mistakes shouldn't be in a published book. He writes for the Wall Street Journal. I thought his other book The Greatest Trade Ever was also pretty good.

+1

Fannie, Freddie Say Overhaul Would Boost Mortgage Rates Companies Outline Concerns on Senate Bill to Replace Them http://online.wsj.com/news/articles/SB10001424052702304788404579524093755984248?mod=U.S._newsreel_3

John Paulson Calls Puerto Rico Singapore of Caribbean http://www.bloomberg.com/news/2014-04-24/john-paulson-says-puerto-rico-to-become-singapore-of-caribbean.html :P

Hedging has been on my mind but I really don't know how. You can buy or sell Yen futures but then are in blocks of $100k USD. But let's say you have $100k invested in Japan, you can sell the futures. These futures are available a few months or a year out or maybe more. But if you do that I feel you aren't hedging you are actually magnifying the currency effect. Let me explain. For the last year, the yen has fallen, this has caused the market to go up, so the market and yen move in tandem. The yen has a dampening effect on the market return for us thinking in USD. I figure I gained 50% on stocks in yen but only 30% in USD. But if you sell yen futures, in that case, then your gains would be magnified by the futures gains. On the flip side though, if the yen rises, then the market drops, and your futures value drops, you are screwed. So I think I'll just leave my stocks as it is unhedged. BTW, does anyone know of how to hedge in smaller quantities than $100K usd? for any currency? thanks Currency ETFs

WEB http://www.cnbc.com/id/101607268

Some videos of WEB on CNBC http://www.cnbc.com/id/101607268

that doesnt justify it... but i used to download software all the time so i'm no saint either. http://www.cnbc.com/live-tv/ some full episodes are posted online to stream on cnbc. does the link work for you?

‘Saudi America’: Mirage? Challenges Lie Ahead for North American Oil Production http://www.nytimes.com/2014/04/22/business/energy-environment/challenges-lie-ahead-for-north-american-oil-production.html?ref=businessspecial2&ref=business&_r=0

For all the Canadian basketball fans out here, I really hope Raptors can get to the 2nd round. With that said, Let's go Warriors!

I think American Greed is good too.

I watched it occasionally as well. My brother loves it. This and Shark Tank... I know Shark Tank is a bit more dramatic but it is pretty interesting.