fareastwarriors

I'm not going to fight it.

Interesting stuff. Thanks for sharing. Hope to hear his thoughts here as well.

http://www.bloomberg.com/video/doubleline-s-gundlach-on-investment-strategy-1HWcUuw0Tmyo3jg7DXS70w.html direct link

I will continue to live in my bubble. things are great!

I'm reading Steve Jobs by Walter Isaacson. Great read so far. Very interesting person.

http://professional.wsj.com/article/SB10001424127887323981504578176210941015912.html?mod=WSJ_business_management&mg=reno64-wsj India may prove a tough nut to crack for Warren Buffett. His maiden Indian venture—an online insurance distributor called Berkshireinsurance.com—made a big splash when it launched in March 2011. The company, which sells Bajaj Allianz General's non-life-insurance products, wants to be among the top three companies in India selling insurance on the Internet in the next three to five years. But even with a name like Mr. Buffett's behind it, that's a lofty goal for a newcomer to India's $40 billion insurance industry. The company sold 300 policies within days by offering invitation to a talk the insurance mogul was giving in New Delhi. But that pace has slackened since. The company hasn't yet turned a profit and is banking on keeping a tight leash on expenditures and relying on the word-of-mouth publicity to build brand recognition, says Arun Balakrishnan, the company's chief executive.

I liked it. hahaha

There are just too many guns floating around.... =( sad day

here comes some criticism Warren Buffett Comes Down the Buyback Chimney . http://professional.wsj.com/article/SB10001424127887324296604578175674249042746.html?mod=WSJ_hp_LEFTWhatsNewsCollection ... The mystery around Berkshire's moves is even greater since the company didn't disclose the identity of the selling shareholder. That leaves open questions of the seller's connections, if any, to Mr. Buffett. Also, there is the lurking question of whether the billionaire's move helped someone sell out before tax rates potentially increase in the New Year. While that is, again, unclear, it would be incongruous given Mr. Buffett's calls for the wealthy to pay more in taxes. ...

Sold to beat the coming tax hikes?

This is kinda crazy... For the average mom/pop investor/saver, the tax rates on dividend is not going to make much of a difference since their investments are inside their 401ks/ IRAs...

Another Bloomberg article about BRK adding to DaVita http://www.bloomberg.com/news/2012-12-11/berkshire-adding-davita-makes-pick-among-top-at-buffett-s-firm.html

$4 billion each.

How was Fiat doing before they got Chrysler? I know Chrysler is kicking ass right now but I am just curious about how Fiat was doing before this deal. Is Marchionne the real deal? Please enlighten me. Thanks,

His record at TCW and then Doubleline is very impressive.

He actually reminds me of Tony Stark from Iron Man. Billionaire, inventor/engineer/etc of course tony is way cooler...

Berkshire Hathaway, CaixaBank Agree to Reinsurance Deal http://professional.wsj.com/article/SB10001424127887323751104578150731361974830.html?mg=reno64-wsj

He is the man! (and it looks like I am just a clone) http://variantperceptions.wordpress.com/2012/03/07/munger-on-the-perfect-turnaround/ I thought you promised us a new blog post soon? Your readers demand it! =p Yes Plan, I wish you blogged more. You have a very nice site. Another fan here! :)

Most students and parents just don't understand debt/loab. Debt is a tool. It can cut both ways. I graduated about 2 years ago with low 5 figures of student loans. I went to a small private college. The tution and room/board is more than 55k a year (not including other school expenses and personal fun/spending money). Through an "all of the above" approach, I graduated with minimal debt despite the cost of the school. I took maximum advantage of every opportunity available to me. I made sure I qualified and received all government grants and other "free" money. I applied to a bunch of scholarships and received them from private foundations and the school. I had work-study. I also worked part-time through the school year at a supermarket. I did paid internships during the summer. I only took subsidized Stafford loans because I wanted to my internship/work money to fund my IRA... I guess I'm doing okay. I found a decent job after college and paid off all my loans the first year.

The Charlie Rose interview. it touched on many topics, feel free to skip around.

;D Also, it looks like there is more to this interview. I hope they post part 2...

new Bloomberg article Berkowitz’s Returns Rise From Worst to First as AIG, BofA Rally http://www.bloomberg.com/news/2012-11-27/berkowitz-s-returns-rise-from-worst-to-first-as-aig-bofa-rally.html

It is hard to say. You didn't mention the AuM. Will the analyst get ownership stake in the firm?

Can't wait thanks!

I have not been following Oceanstone very closely but is it because cash is coming faster than can be invested? The fund is tiny but after a couple of positive articles in the financial press I'm sure the fund seen some nice inflows.