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fareastwarriors

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Everything posted by fareastwarriors

  1. Wow!! To hear Mr. Tepper's case for markets really makes me feel like I am being cautious and conservative at the worst time possible… basically, it makes me feel like a fool! :( giofranchi He can trade in and out at any time. He's not really a traditional value buy/hold type. He has a different style of play goign here.
  2. http://www.businessweek.com/articles/2013-05-13/adding-an-electric-car-cut-the-payback-point-of-our-solar-panel-investment-in-half#r=nav-f-story Adding an Electric Car Cut the Payback Point of Our Solar Panel Investment in Half
  3. I have seen a few model S's in my area (SF Bay Area). It looks so sexy.
  4. Since we're checking history on Tesla... This position is still < 5% of my portfolio, but is up 197% for me (from Oct 2011). is it enough to buy a tesla car yet?
  5. Just wondering Parsad, is the forum revenue neutral (or positive) or do you have to put in money to keep it up?
  6. just donated $50.00 CAD thanks for reminding me to support such a valuable place. *happy mother's day
  7. Which ad in particular is causing the grief? I switched over to that text ad at the end of the posts to try something new...is that the one? If so, I can get rid of it and go back to the smaller Amazon one. As for the last ad on the bottom of the page...that one stays. Cheers! 1 - Where do I send the $$$ 2 - Yes the text ad at the end of the posts are causing the problem. On the iPad the ad scrolls along with the posts and keeps resetting the page back up to the beginning of the posts. There is a Donations button near the top next to Home, Help, Search icons.
  8. http://www.bloomberg.com/news/2013-05-10/berkshire-ceos-spend-quietly-match-buffett-on-heinz-deal.html
  9. http://www.bloomberg.com/news/2013-05-08/tesla-posts-first-quarterly-profit-on-model-s-deliveries.html
  10. I doubt it's a problem. I mean, how hard can running A/C be compared to accelerating a big sedan from 0 to 60 in 5 seconds? Tesla is claiming 4.2 seconds 0 to 60 for the one I'm buying. That's awesome
  11. G&D: Is your fund open to new investors? LL: The fund has been closed to new investors for nine years. However, we will open it up a bit this year. We have more opportunities than we have money around, but that’s rare. I guess there are still some opportunities out there despite the ever-rising market and new records or the worry from the other thread http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/i-worry-about-the-shot-heard-around-the-world/msg115796/?topicseen#msg115796
  12. http://www.businessweek.com/articles/2013-05-08/whole-foods-profits-by-cutting-whole-paycheck-reputation#r=rss Whole Foods Profits By Cutting 'Whole Paycheck' Reputation
  13. http://www.bloomberg.com/news/2013-05-07/berkowitz-s-mbia-bet-soars-as-wagers-on-insurers-pay-off.html Berkowitz’s MBIA Bet Soars as Wagers on Insurers Pay Off
  14. I (unfortunately) watches way too much CNBC for my own good. It is Joe being Joe. He is like that everyday and every interview. I like how WEB sent him an Acme brick. hahaha
  15. Cash out refi on your paid off home? I argued with someone on motley fool once in 2005 or so. he thought it was a good idea to borrow from his home equity and invest it in the stock market. i argued that they could both go down at the same time. if anybody could do this and make it work it's Buffett. But he doesn't have a mortgage. It's just not worth it. He doesn't borrow in his personal account. Yes I agree. It is not recommended for most people.
  16. I will offer my biased opinion. I worked 4 years as a part-time casher during college at a Whole Foods in a wealthy New York suburb. I think the moat is stronger than what some of you might think. Yes people complain that is pricey and call it Whole Paycheck but somehow, some way they keep coming back. But I think if people bought selectivity and avoid the pricey prepared items and/or novelty items, the prices at Whole Foods are not that expensive and can be competitive. I think their cereals, grains, grocery items, and most produce items are priced competitively, if only a bit more expensive. People get burned by the prices when they start buying the $30/lb cooked wild salmon from the hot deli or that expensive hand-made candy/chocolate from Belgium, etc. Trader Joes is great for what is but the selection and variety is not as diverse or rich as a Whole Foods. The TJs I been to never had a full meat counter, seafood counter, hot/cold deli, olive bar, prepared hot/cold food bar, full sized bakery, full-scale coffee shop.
  17. Yes the interview could have been much better but no one forced Munger to accept the interview. But that is what usually happens with interviews from CNBC/Bloomberg. WEB understands and just roll with it.
  18. http://www.bloomberg.com/video/selling-to-buffett-was-plan-from-day-1-wertheimer-smJNoNbmQxqjv6xpAJauOg.html Eitan Wertheimer, Chairman of Iscar Metal Cutting Co., discusses Iscar’s acquisition by Berkshire Hathaway. He speaks on Bloomberg Television's "In The Loop."
  19. various clips of the intereview http://video.cnbc.com/gallery/?video=3000165307&play=1 http://video.cnbc.com/gallery/?video=3000166015&play=1 http://video.cnbc.com/gallery/?video=3000166030&play=1 hopefully the full video will be posted
  20. “We would like to get into the commercial-insurance business very big time,” Buffett, 82, said yesterday in an interview with Bloomberg Television’s Betty Liu, before the company’s annual meeting this weekend in Omaha, Nebraska. “We hired them because they’re very good at the commercial insurance business.”
  21. Warren Buffett is bullish ... on women http://money.cnn.com/2013/05/02/leadership/warren-buffett-women.pr.fortune/index.html
  22. Warren Buffett leans in and goes social http://postcards.blogs.fortune.cnn.com/2013/04/30/warren-buffett-women-social/?iid=HP_LN
  23. http://www.bloomberg.com/news/2013-05-01/berkshire-buys-remaining-stake-in-imc-for-2-05-billion-1-.html
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