fareastwarriors

http://blogs.wsj.com/moneybeat/2014/03/05/wall-street-captivated-by-fannie-and-freddie/?mod=WSJBlog&mod=overheard

http://www.bloomberg.com/news/2014-03-05/buffett-s-book-pick-guides-fuss-to-marks-beating-market.html Buffett’s Book Pick Guides Fuss to Marks Beating Market

That rumor has been going around for quite a while... I have NO DOUBT that it is partially true... HOWEVER, I have heard accounts where there THREE people playing behind each seated person at a Baccarat table. I also have played poker...and I hate to generalize, but folks of Chinese & Vietnamese descent seem to have a cultural propensity to gamble. I'm not talking about a putting a $100 bill in a slot machine for a lark either...I'm talking about serious, big money gambling. So I have no doubt at all that Macau will do several times what Vegas does. Not a doubt in my mind. I just hope to be able to profit from it long term! True that!

I keep hearing Obama's budget is dead on arrival. What is the chance of this legislation (Limit savers' combined balance across tax-preferred accounts) passing?

any insights worth sharing?

Q&A: Why Berkowitz Is Unhappy With Fannie, Freddie Directors http://blogs.wsj.com/moneybeat/2014/03/03/qa-why-berkowitz-is-unhappy-with-fannie-freddie-directors/?mod=WSJBlog&mod=MarketsMain

Fannie's Profits May Be Fleeting http://online.wsj.com/news/articles/SB10001424052702304071004579411510434148896

even the media is picking up on it http://www.bloomberg.com/news/2014-03-01/buffett-alters-yardstick-after-berkshire-falls-short-of-goal.html

I'm excited. This is so much better than xmas! :D Around what time?

Freddie Mac profit moves U.S. housing bailout further into black http://in.reuters.com/article/2014/02/27/usa-housing-freddiemac-idINL1N0LW10X20140227

Trade those gold coins for bit coins!

"“One of my friends used to work for J.P. Morgan in New York, and he’s now at Google,” Siddiqui says. “He’s a total chick magnet. He walks around with Google Glass on, and girls go crazy."" False. lol

Fannie Mae Appoints New Chairman Egbert Perry to Replace Philip A. Laskawy, Who Will Retire on March 31 http://online.wsj.com/news/articles/SB10001424052702303880604579405152787239682?mod=WSJ_hp_LEFTWhatsNewsCollection

It's 70s (~22C) here in middle of Winter. It's better weather than summer. SF Bay Area.

Fannie's Fake Victory Lap The mortgage giant's profits don't offset the cost of the financial crisis. http://online.wsj.com/news/articles/SB10001424052702304275304579397452646208162?mod=WSJ_business_MoreArticles

Buffett Warns of Liquidity Curse, Celebrates Property Bet http://www.bloomberg.com/news/2014-02-24/buffett-warns-of-liquidity-curse-celebrates-property-bet.html

With Fannie and Freddie Debt Repaid to Taxpayers, Will Uncle Sam Turn Shareholders Into Zombie Investors? http://www.forbes.com/sites/jonentine/2014/02/21/with-fannie-and-freddie-debt-repaid-to-taxpayers-will-uncle-sam-turn-shareholders-into-zombie-investors/

Asian Tigers Stalk U.S Gas as Louisiana Shale Profits Taper http://www.bloomberg.com/news/2014-02-20/asian-tigers-stalk-u-s-gas-as-louisiana-shale-profits-taper.html

BNSF to take bids to buy up to 5,000 safer oil railcars http://www.cnbc.com/id/101432146

http://www.bloomberg.com/news/2014-02-20/in-buffett-we-trust-as-berkshire-annual-report-lacks-disclosure.html Berkshire Investors Lacking Data Take Buffett on Faith

I used it for a little while in 2010 or so for international messaging on my cell. But since imessage, fb messenger and skype app have erased this use area completely. I have no idea why it's still so widely used. Me either. There are so many messaging apps now. SnapChat WeChat KaKao Line probably bunch of other ones I missed

Biggest Puerto Rico Owners See Rally After New Deal http://www.bloomberg.com/news/2014-02-18/biggest-puerto-rico-owners-see-rally-after-new-deal-muni-credit.html

Wilbur Ross: Looking Outside U.S. for Deals http://www.bloomberg.com/video/wilbur-ross-looking-outside-u-s-for-deals-FyBzaFlQR_eiZC~4TCD3HA.html

I had a GTC order for LCSHF and it was filled. The Bid-ask is wide and volume is thin. You might have to raise your price in order to fill.

Gundlach on CNBC http://video.cnbc.com/gallery/?video=3000245506&play=1 http://video.cnbc.com/gallery/?video=3000245568&play=1 http://video.cnbc.com/gallery/?video=3000245159&play=1