fareastwarriors

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.

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."

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

“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.”

Warren Buffett is bullish ... on women http://money.cnn.com/2013/05/02/leadership/warren-buffett-women.pr.fortune/index.html

Warren Buffett leans in and goes social http://postcards.blogs.fortune.cnn.com/2013/04/30/warren-buffett-women-social/?iid=HP_LN

http://www.cnbc.com/id/100693395

http://www.bloomberg.com/news/2013-05-01/berkshire-buys-remaining-stake-in-imc-for-2-05-billion-1-.html

thanks for posting. so interesting to read about these 2 guys. it looks like Berkshire's investments are in very capable hands.

Sounds like a pretty good life.

http://www.cnbc.com/id/100669644 Pressure Mounts on US to Export Natural Gas

I have Dish. And also Netflix and Hulu Plus... (Maybe I consume too much media?) Haven't really thought about cutting pay tv. For us it's cheap entertainment and a very small part of discretionary spending.

I'm bought some AIG on Monday. I might buy some BAC if it drops more. :D

http://www.bloomberg.com/video/loews-ceo-says-energy-industry-capital-demand-big-_kHqBZpjRM~zYkY9gpZTRw.html Loews CEO interview on Bloomberg

U.S. (Natural) Gas Prices May Stay Below $6 for a Decade, Trade Group Says http://www.bloomberg.com/news/2013-04-16/u-s-gas-prices-may-stay-below-6-for-a-decade-trade-group-says.html

Are you thinking The Greatest Trade Ever by Gregory Zuckerman? Paolo Pellegrini and his firm, PSQR . It looked like Paolo returned all outside money, according to http://dealbreaker.com/tag/paolo-pellegrini/

very sad and scary...

http://blogs.wsj.com/canadarealtime/2013/04/11/oracle-of-toronto-still-not-ready-to-wade-back-into-stocks/ Canada’s best-known value investor still isn’t ready to wade back into equities. Instead, Prem Watsa defended his company’s stock-market hedging Thursday. The chief executive of Fairfax Financial Holding Ltd. told investors at the company’s annual meeting that he remains concerned about deflation, high private and public indebtedness in developed countries and what’s likely to be a very long period of ultra-low interest rates and sluggish global economic growth. That wariness has kept Fairfax on the sidelines, with $8.1 billion, or 30% of its equity portfolio, tucked away in cash. It’s equity position is also fully hedged, protecting against any stock market losses. “Our first rule is not to lose money,” said Mr. Watsa. “We think that there are opportunities, but the background is a tough world with all sorts of unintended consequences.” One stock he’s clearly more comfortable with: Research In Motion Ltd. BB.T +0.14%Early last year, he announced a big stake in the BlackBerry maker, took a board seat, and then doubled down, eventually buying up 10% of RIM shares. On Thursday, he underscored that commitment. The company is rolling out its new phones, the BlackBerry Z10 and keyboard-equipped Q10. “Time will show that BlackBerry will do very well,” he said. Mr. Watsa is sometimes called the Warren Buffett of Canada. (Every country has one, right?) In turn, he credits his success to the late investing guru Sir John Templeton, and Fairfax made all of Mr. Templeton’s books available for shareholders to buy at Thursday’s meeting. Mr. Watsa said Fairfax has returned almost 23% growth in book value per share compounded since he started the company 27 years ago. That’s better than any of his peers, including Mr. Buffett’s Berkshire Hathaway BRKB +0.05%, which returned 17% over the same period.

Group's U.S. Natural-Gas Reserves Estimate Grows 26% http://online.wsj.com/article/SB10001424127887323820304578412980022810100.html?KEYWORDS=natural+gas Group_U.S._Natural-Gas_Reserves_Estimate_Grows_26.pdf

I'm a long long way from that limit if the rule ever passes...

Natural-Gas Market Tries a Balancing Act http://online.wsj.com/article/SB10001424127887323916304578400821099709516.html?mod=WSJ_hp_LEFTWhatsNewsCollection SB1000142412788732391630457840082.pdf

You're not mistaken (assuming the big banks). There is almost no selling involved. You got other Sales guys for that. You might meet some clients but usually it is the lead analyst(s) that actually meet buy-side clients. You do get to meet company management and attend nice conferences. It's a great way to gain experience and after a few years transition to the buy-side.

Man, those comments under the article are harsh. Tough crowd! haters gona hate...

http://www.bloomberg.com/news/2013-03-27/oil-demand-plateau-seen-as-natural-gas-favored-chart-of-the-day.html Oil-Demand Plateau Seen as Natural Gas Favored

http://online.wsj.com/article/SB10001424127887324034804578348214242291132.html?mod=WSJ_hps_LEFTTopStories#articleTabs%3Darticle Boom Times on the Tracks: Rail Capacity, Spending Soar .