fareastwarriors

Merry Christmas/Happy Holidays. Cheers from California!

Good health and happiness to all.

Banking 101 by DB. Banking_101_Handbook_DB_May2011.pdf

Bought some GM/Bs this Monday.

the KITCHEN! update kitchen

Can you re-post it? :)

time for another poll!

26 in a month.

and the other 1% is Other? haha ;D

what is the ratio 90-10? 95-5? 8) :P

http://www.nytimes.com/2013/12/18/business/energy-environment/applying-creativity-to-a-byproduct-of-oil-drilling-in-north-dakota.html?ref=business&_r=0 Applying Creativity to a Byproduct of Oil Drilling in North Dakota

rkbabang, What brokerage are you using? Congrats to the nice returns as well!

just speculation. http://www.bloomberg.com/news/2013-12-17/campbell-seen-as-next-buffett-target-post-heinz-real-m-a.html Campbell Seen as Next Buffett Target Post-Heinz

Nonetheless, that is a pretty impressive. Yes he might lose it all eventually but still that's one hell of a streak.

SD and XCO

http://online.wsj.com/news/articles/SB10001424052702304202204579252393756212898?mod=Business_newsreel_4 Exxon Presses for Exports U.S.'s Largest Energy Producer Says North America Has Abundant, Long-Lasting Fuel Supplies

U.S. Natural-Gas Production at Multiyear High in November http://online.wsj.com/news/articles/SB10001424052702304014504579250324102340880?mod=WSJ_hp_LEFTWhatsNewsCollection

http://en.wikipedia.org/wiki/Coverdell_Education_Savings_Account ;D

You are talking like any modern MBA or portfolio theory student. I hear the word "alpha" and I gag! Why would you need to pay someone 1 & 20 to do what swaps or other cheaper products could achieve? And that +2% is over years relative to the S&P 500. Any wonder why pension funds and endowments are so mismanaged...because of their short-term concern for "alpha", while paying idiots like Chanos a fortune. Your argument was identical to the one Whitney Tilson used when I originally posted that years ago. Cheers! It might be unfortunate but trillions of dollars are managed this way... :-\

http://dealbook.nytimes.com/2013/12/08/cerberus-gun-makers-owner-to-offer-a-way-out-to-its-investors/?_r=0 Cerberus, Gun Maker’s Owner, to Offer A Way Out to Its Investors

Druckenmiller on Charlie Rose. (video) http://www.bloomberg.com/video/druckenmiller-i-like-winning-more-than-being-rich-z_Md_yn8QESqlLLeX3ZGRA.html Druckenmiller: I Like Winning More Than Being Rich

Cash for potential investments stay in brokerage account. Cash for short-term uses stays in checking/savings account at banks (BofA/Ally). Cash for "longer-term" back-up/emergencies is held in I Bonds and a bit of CDs.

http://dealbook.nytimes.com/2013/12/05/in-the-murky-world-of-bitcoin-fraud-is-quicker-than-the-law/ In the Murky World of Bitcoin, Fraud Is Quicker Than the Law

Thanks for posting.

http://www.cnbc.com/id/101250158 Bass on CNBC