fareastwarriors

http://www.irs.gov/taxtopics/tc851.html check out the above to see if he can qualify as "resident" under the IRS test. sorry, can't help much...but good luck.

I opened a small position in PCQ when it traded at a slight discount to NAV. 7% market yield and since I am in Cali, the tax-free yield is even more juicy. No special insight. I just think some muni investors overreacted and it is rare for these PIMCO closed-end funds to trade at discount so I had to nibble a bit.

http://www.ritholtz.com/blog/2013/07/global-cape-europe-cheap-usa-dear/ as of 6/30... Plan!!!!!!!!!!!!! I don't have anything of value to add to this topic...just happy to see you back man! :) +1 !!! Welcome back.

I think social media stocks will be a hell of a short one day. how timely... In Silicon Valley, Partying Like It’s 1999 Again http://www.nytimes.com/2013/11/27/technology/in-silicon-valley-partying-like-its-1999-again.html?ref=business

http://www.nytimes.com/reuters/2013/11/26/business/26reuters-usa-detroit-buffett.html?src=busln

Why 100% Citi? Why not some BAC?

There are many times where I can't buy certain companies due to work restrictions. Then I would have to wait until the company is off the restricted list. The restriction can last a day or weeks... It really kills the timing of my purchases sometimes because I can't take advantage of the price volatility. It is also a reason why I can't comment much on many topics especially with regards to specific companies. Our compliance department is extremely strict (for good reasons). With that said couple of reasons: ERICOPOLY's enligtening comments on BAC thread, the JPM settlement, and some cash came in.

But I think it's great for long term investors. When a company "misses" an estimate, the price usually drops thus allowing investors like us to add to a position at a lower price. I love the financial media industry and the sell-side analysts. They help cause greater price volatility and volatility is my friend.

Bought some FIAT yesterday and sold some NTRI.

hahah that's pretty good.

Congrats!

http://www.marketfolly.com/2013/05/li-lus-sohn-conference-presentation-on.html

http://www.bloomberg.com/news/2013-11-22/bill-ackman-says-fannie-mae-is-most-interesting-opportunity.html Ackman Says Fannie, Freddie ‘Most Interesting’ Opportunity

Tepper is really funny. ;D

http://www.bloomberg.com/video/appaloosa-s-tepper-says-stock-markets-not-in-bubble-xsuYVJ46Qu6E52XtN0tX6w.html the mobile version of the site was not loading for me on my desktop so i posted another link

White House Rejects Fannie-Freddie Recapitalization Plans http://online.wsj.com/news/articles/SB10001424052702304607104579210092350929498?mod=WSJ_hp_LEFTWhatsNewsCollection

http://www.bloomberg.com/news/2013-11-20/warren-buffett-s-exxon-bungle.html Warren Buffett's Exxon Bungle

The Baidu Billionaire: Inside the Google of China http://www.bloomberg.com/video/the-baidu-billionaire-inside-the-google-of-china-uweP_4bfT6KFyNkvCFq5Hw.html

http://blogs.barrons.com/focusonfunds/2013/11/19/buffett-likes-exxon-chanos-sees-value-trap/?mod=BOLBlog?mod=BOL_article_full_blog_etf Buffett Likes Exxon? Chanos Sees ‘Value Trap’

http://www.cbsnews.com/8301-505268_162-57612947/warren-buffett-talks-all-time-record-highs-on-wall-street-stock-prices-in-the-future/

Buying Low Thwarted by Narrowest Stock Valuation Gap Ever http://www.bloomberg.com/news/2013-11-18/buying-low-thwarted-by-narrowest-stock-valuation-gap-on-record.html

I still love my position in BAC, a smaller but still sizable position in AIG, and a small bit in C. If the the names drop, I plan to add.

http://www.bloomberg.com/news/2013-11-18/ackman-joins-fray-to-pry-once-worthless-fannie-from-u-s-.html Ackman Joins Fray to Pry Once-Worthless Fannie From U.S.

He's now a "super investor" @ Dataroma. Congrats! http://www.dataroma.com/m/holdings.php?m=AV

Ally Bank? Interest checking, no requirements, and ATM fees reimbursed.