fareastwarriors

http://video.cnbc.com/gallery/?play=1&video=3000196230 Bruce Berkowitz on CNBC.

http://www.cnbc.com/id/100999661 How a Brazilian billionaire lost $25 billion in 18 months

Inception date is 04/08/2011

Google the name of the article and it will give you free access to the article. (or go to your local library and use their subscription of Barrons).

I really like these guys. I like how to think and talk about their investments. I might have to switch some of my IRA assets to them.

I hope DJCO drops more. I hesitated and didn't buy when it was sub-100. Then it went on a tear.

Then how did people know that he bought those preferreds? If he didn't say it, people won't know, right? Also there are a few preferreds. I am wondering which is the one that he bought, though I think it probably makes sense to just buy the most liquid ones. Thanks a lot! Any way to know his cost basis? Just looking at one series of one fund, and it looks like he bought at ~5-10% cheaper than the current prices on the preferreds In the link, it said "value". I am wondering if this is mark to market value, or it is his cost basis? If it is his cost basis, I am a bit surprised that he missed all the $1-$5 run up and bought almost at the top. "Value" should be # of shares held at period end times market closing price at period end.

From GSB (Stanford), on Natural Gas natural_gas.pdf

a recent business week article highlights a bit about that issue too. http://www.businessweek.com/articles/2013-08-22/homegrown-green-energy-is-making-power-utilities-irrelevant

http://www.bloomberg.com/news/2013-08-25/multiples-expanding-fastest-since-dot-com-bubble-as-rally-ages.html Multiples Growing Fastest Since Dot-Com Bubble as Rally Ages

http://www.bloomberg.com/news/2013-08-25/ford-fusion-output-boost-tests-2-300-premium-over-camry.html

study on facebook. facebook.pdf

http://ftalphaville.ft.com/2013/08/21/1594492/is-the-shale-forecast-curve-hyperbolic-or-exponential/ Is the shale forecast curve hyperbolic, or exponential?

The banner floats and move around so it makes it hard for me to press certain things.

Cramer is a bit too crazy for me but his on air a lot and have his own show so probably enough people like him... I like David Faber. I think he's knowledge and reports interesting stuff. There's always Bloomberg TV as an alternative!

Foreseeing Trouble in Exporting Natural Gas http://www.nytimes.com/2013/08/16/business/energy-environment/foreseeing-trouble-in-exporting-natural-gas.html?ref=business&_r=0

http://www.bloomberg.com/news/2013-08-16/buffett-acolyte-returns-to-china-stocks-for-more-than-20-gains.html Zhao Danyang, the Chinese investor who won a charity lunch with billionaire Warren Buffett in 2008, led his hedge funds to post returns three times more than their Asian peers this year by shifting assets back to Chinese stocks.

classic Bruce

What's the thesis on CHRW?

Berkshire investments to come out on Thursday after Wednesday glitch http://finance.yahoo.com/news/berkshire-hathaway-investments-revealed-thursday-000008099.html

http://www.bloomberg.com/news/2013-08-14/buffett-candy-auction-won-by-california-engineer-at-156-000-1-.html Warren Buffett’s charity auction to benefit a dropout-prevention program for high school students was won by a California engineer and businessman for $156,000. Jack Staub, the Newport Beach resident who made the top offer yesterday, will get to meet Buffett and take an all-you-can-eat tour of a See’s Candies factory in Los Angeles, according to a statement today from auction website Charitybuzz.com. The candy company is owned by the billionaire’s Berkshire Hathaway Inc. (BRK/A) Buffett, the world’s third-richest man, has committed most of his wealth to charity. He was among celebrities participating in auctions to benefit Communities In Schools of Los Angeles. The auctions raised $450,000, Charitybuzz.com said. Staub’s contribution is a tribute to a family friend, Kathy Godshalk, who died of cancer after teaching in a community college, according to the statement. Godshalk showed that “supporting our future generations through education, caring and guidance makes an enormous difference,” Staub said. “We would like to keep the cycle going.” Staub plans to attend the tour with his wife, Jade, and their two children, according to the statement. Further fundraisers to benefit the group will run through September, a spokeswoman for the auction site said in an e-mail.

the combination of mike O'Neil and mike Corbat is pretty impressive on paper and based on what they did in the past.

http://www.bloomberg.com/news/2013-08-13/buffett-tops-reese-witherspoon-as-charity-auction-draw.html Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. (BRK/A), drew a top offer of $118,000 for an all-you-can-eat tour of a See’s Candies factory, with less than 3 hours left in the charity auction.

http://www.bloomberg.com/news/2013-08-13/mubadala-said-to-be-in-1-bln-talks-for-batista-s-assets.html Mubadala Said to Be in $1 Bln Talks for Batista’s Assets

http://www.nytimes.com/reuters/2013/08/13/business/13reuters-usa-heinz-jobs.html?src=busln Heinz to Cut 600 Jobs in North America After Sale of Company