muscleman

Morning star warns the liquidity risks of Fairholme. If RIAs follow the warnings and all want to exit, how will that impact the case here? I heard mutual funds can stay in slow liquidation mode and slowly return the capital right? That would be something similar to Third Avenue. "The remaining assets in the fund will be put into a liquidating trust and sold off gradually, the company said, the idea being to not drive down prices too sharply. This process could last more than a year" http://www.nytimes.com/2015/12/11/business/dealbook/high-yield-fund-blocks-investor-withdrawals.html?_r=0 So if everyone follows the Morning star advice, then everyone would want to exit TODAY, to avoid having to wait for over a year to get their money back. I expect redemption requests to flood in today and Fairholme fund announces something similar soon. ::)

http://rightwingnews.com/hillary-clinton-2/hillarys-case-reopened-now-fbis-comey-asks-immunity-gowdy-says-hell-no-video/ "Hillary’s Case Is REOPENED, Now FBI’s Comey Asks For Immunity" Seriously? Is Comey involved in Hillary's corruptions and that's why he got Hillary of the Email Scandal Hook initially?

Totally agree. Most Asian Americans like me support Trump because we think Hillary and Obama and their left wings are the racists. We are outraged by the AB1726 bill passed in California, which explicitly discriminates Asian Americans. Another example is the Supreme court's ruling on Fisher v. University of Texas, which says the school can deny admission merely based on race. https://www.insidehighered.com/views/2016/05/13/elite-colleges-should-not-penalize-asian-applicants-essay These are typical examples of how Obama administration emphasizes race and encourages conflicts between races. We cannot let these racists continue to run the country for 8 more years! Usually Asian Americans don't care much about politics and usually don't bother to go to vote. But this year most of the Asian Americans are motivated to go and vote for Trump. We are furious about what has happened.

You lack the basic understanding of secured loans, unsecured loans, limited liability company etc. Period. When I point to the law and order and you seem to have the lack of understanding of it, you climb to the peak of morale standards and try to win the argument from there. I don't have anything else to say.

Even if this is true, how would this compare with Hillary's email scandals and a bunch of other scandals. I am annoyed when Hillary brought up the "miss piggy" argument to attack Trump during a presidential debate. Keep in mind, "Miss piggy" was a porn star. How could she go so low........ Doesn't she have more decent arguments to make?

I don't think you get it. You are saying Buffet should keep funding the Hathaway mills instead of shutting them down, and you are saying that Buffet should keep funding Dexter shoes even after billions of dollars invested in it already went into the drain. It is all about personal reputation. Therefore Buffet should rather keep losing money on these investees than take the lose and move on? I am sure you will disagree on that, but when the same thing is applied to Trump, you demonize him and make he look like an evil? You completely miss my point. If the business isn't working, you pay your debts and shut the business down. You don't just declare bankruptcy, walk out and stiff your creditors like Trump has done six times. That's wrong. If this is the case then what's the point of having an LLC? BTW do you even know what LLC means and what legal rights and protections you have? John Malone said it is important to compartmentalize the debt. Do you even understand what he means? BTW, how long have you been doing investing? I can't imagine such words coming out of an investing veteran.

In this election cycle, media opinions like these only further embolden Trump supporters. I agree. On the other hand, 65% of Trump supporters think President Obama is a Muslim (13% think he's a Christian), so they may be impervious to reality. http://www.publicpolicypolling.com/main/2016/05/gop-quickly-unifies-around-trump-clinton-still-has-modest-lead.html I don't know whether Obama is Muslim but I think we can clearly agree that he is alt-pro-Muslim. Look at his veto for the 9-11 bill, which got overturned by Congress by a margin of 97-1. This is one of the most shameful moment in his legacy.

Haven't we thrown away much more than that in pointless foreign wars where we support one side in one country while literally killing them in the next? It's not about what makes sense or the cost associated with it. It's about what moves forward whatever agenda they have. +1. The special interest group doesn't care whether the government gets that $150 bn or not. It is not going to these special interest group's pocket anyway. They only care about maximizing their own profits, which is to shut down these companies and let them run their own version of it.

I don't think you get it. You are saying Buffet should keep funding the Hathaway mills instead of shutting them down, and you are saying that Buffet should keep funding Dexter shoes even after billions of dollars invested in it already went into the drain. It is all about personal reputation. Therefore Buffet should rather keep losing money on these investees than take the lose and move on? I am sure you will disagree on that, but when the same thing is applied to Trump, you demonize him and make he look like an evil?

I disagree when you say Trump had six investees that went chp 11 so he must be no good. He had over 100 investees and bankrupted 6. Not a bad record. Buffet had his defeat moments too. Dexter shoes and a few others. I think every investors on this board had a few defeat moments. I wouldn't bother to point out other disagreements with you. This is an investing board so I hope you can at least get the above explanation.

Guys, why don't we also have a survey for whether you trust Hillary to run Berkshire. I am sure she would have the worst corporate governance in the world, given how she monetized the state department. :D

Guys, remember we talked about voter fraud before, and some people insisted that there is no such an issue? See below. The Burlington WA shooter was not a citizen but voted a couple times anyway. http://www.king5.com/mb/news/local/investigators-may-probe-cascade-mall-suspects-citizenship-status-voting-record/327490798?from=groupmessage&isappinstalled=0# Federal sources confirm to KING 5 that Cetin was not a U.S. citizen, meaning legally he cannot vote. However, state records show Cetin registered to vote in 2014 and participated in three election cycles, including the May presidential primary.

In order to account for missing price information, we used CRSP’s delisting dataset to recover final prices for stocks that delisted from the data. In cases where price information was still missing after reconciling against CRSP’s delisting dataset, we assumed a -100% return. This assumption applied to less than 1% of the firms in our data. OK. So at least he is taking the delisted and bankrupted companies into consideration, so the paper is kind of credible. :)

http://truthfeed.com/video-black-trump-supporter-obama-planned-the-charlotte-riots/25173/ Muscleman thinks “Obama Planned the Charlotte Riots” ;D

Probably no one. Obama was too busy golfing and didn't even respond to Louisiana's flooding until a week later. His housing advisors are likely all gone. Also, why do anything now instead of just dragging it out until after election? There is too much headline risk for his beloved Hillary at this moment.

Looks like she is ok now. I am relieved. https://www.hillaryclinton.com/events/view/NCPRWQGSMU2XZVUD/?utm_medium=email&utm_source=ext&utm_campaign=20160919florida-comms&utm_content=fl

http://www.anonews.co/hillary-pneumonia/ Her Pneumonia is back. She cancelled the next few days' events. I am literally praying for her at this moment. I was expecting a live show of Mars colliding Earth on September 26th.

thanks steve. correct me if i am wrong, but i would think that all options are low probability of success, assuming sweeney has written an intelligent opinion. i say that because this is a mixed question of law and fact, and the law says balance in effect (meaning US v Nixon said weigh the competing interests so i assume sweeney just followed sirica), and the facts are in camera and i dont see an appeals court wanting to get the docs for their review. are you sure there is a right to appeal on an interlocutory basis here? seems to me govt will ask, but not clear govt is entitled. stonewalling would create a saturday night massacre redux, for which i would have to get popcorn to fully appreciate. Regarding the appeal, even if it is difficult to reverse this decision, how much longer will government be able to drag this on? I assume at this point the only thing Obama cares about is how to drag it through January 1st 2017 right?

I find it funny that John Carney is totally blind about this new major development! ;D

What is this 270 motion to compel? Is that the motion for releasing all the documents?

http://www.wsj.com/articles/democrats-deplorable-emails-1473981664 How much to buy an ambassadorship? The answer is in the latest hacked messages. "Of the top 57 cash cows 18 ended up with ambassadorships. The largest fundraiser listed, Matthew Barzun, who drummed up $3.5 million for Mr. Obama’s first campaign, was named ambassador to Sweden and then ambassador to the United Kingdom. " Guys, this is an investing board, so let's put politics aside and discuss the return on investments of these donations. I can't seem to find the salary and other monetary benefits being a Sweden ambassador. But if i expect a 20% annual return and I put down $3.5 million, I'd have to get back 7-8 million after 4 years to justify it.

Funny song. Enjoy! ;D https://www.youtube.com/embed/fo7qMRSPwUg

http://observer.com/2016/09/exclusive-hillary-clinton-campaign-systematically-overcharging-poorest-donors/amp/ are you kidding me? I would be totally shocked if this is true. This is outright financial fraud! Hillary Clinton’s campaign is stealing from her poorest supporters by purposefully and repeatedly overcharging them after they make what’s supposed to be a one-time small donation through her official campaign website, multiple sources tell the Observer.

So what kind of pneumonia allows someone to fully recover 90 minutes after a collapse? This medical expert believes it's hogwash and the facts support her having Parkinsons. If true, I think we can all agree she is disqualified. Will she admit it? Not on a chance. It's got to be painful to be a democrat and watch this train wreck. http://www.zerohedge.com/news/2016-09-13/medical-doctor-explains-why-hillarys-911-medical-episode-looks-more-parkinsons-pneum You just quoted zerohedge. People will tell you to stay away from far right media like Fox and ZeroHedge. Basically, whatever media that doesn't whole heartedly support Hillary will be labeled far right (and possibly deplorable).

As I said a couple times above, I am talking about Sharyl Akitson's book, not Fox news or Infowars. She is an award winning reporter. Sharyl Akitson was fired from the CBS because instead of being an impartial journalist, she was driven by the far right agenda. Perfect fit for Fox news but then Ailes had a special process to recruit females that she might have issues with ;) Remember Lara Logan from 60 minutes. She did an 'investigative' scoop on Benghazi and got all the conservatives really excited. Well it turned out the whole story was fake. The key witness lied but instead of validating that she went with it. She still works over there with zero credibility. My point is that people have their own agendas. The facts cannot be covered up and multiple sources should confirm them. And the fact is that nothing has come out of Benghazi investigation so far. Before Obama, she also received awards reporting Bush administration's issues, and there was no problem and no one calls her "driven by the far right agenda". Now she started reporting Obama's scandals and she is suddenly working for the far right?