Palantir

I hope he's short.....way too entertaining to watch them fall flat.

BRK.B

^May not be economical to make it in house.

There is another kind of moat - Geoff Gannon calls it demon dust, but basically this is the one in which your product is a small, but critical component of a larger entity, but since their portion in the cost structure is small, they have pricing power, and maybe only you have the scale and expertise to manufacture or design it. The firm I mentioned - IPHS is like that, their phosphate products are important ingredients in food and other products but only form a portion of the cost structure. VIFL had something similar, but it got acquired.

I wish he had an open ended mandate for repurchases....why not buy back at 1.21?

^Are these small caps or large caps? I can't find their tickers. :o

IPHS - large player in small industry with barriers to entry.

If buying a deep value net/net, I think the basket approach is best, but if buying a firm with highly secure operations and or a high probability catalyst then larger position. So in a way, IMHO I think the position size is not reflective of the discount to IV, but rather the probability of that discount being closed.

Ouch. Is this the land of the Hebrews?

How about Royalty trusts? too many people plow into it for the dividends....but that could also make shorting hard...

There may be a discount, but you have to look at lifecycle cost, repairs etc....

Neither of the german makes are "value" picks. Toyota, Honda, Nissan for more economy picks, and Lexus if you want to go the luxury route.

It's for Apple? I would use the scissors to cut the pizza and make it 15% thinner and 20% lighter. ;D

Given that she's on the BoD, any reason Ms Witmer hasn't been named to Berk's investment committee like Todd and Tedd?

If you are using this as a workhorse and Office/Excel is so important....why not get a Windows device? I used to use office on a Mac Pro....word and ppt are good, Excel is funky.

Finviz has a great screener. But the best way I've found for developing ideas is to just dive into a company that looks interesting and look at its competitors. Usually it turns out that the competitors are more interesting than the firm I originally planned on looking at. Started looking at CTXS and ended up buying RHT, started looking at ATU, ended up buying PH etc.

Why not an MBA with the higher end processor and memory?

I think Berk is best understood as an insurance firm - that's the core that gives Berk its edge over others, its "moat" if you will. In that context maybe CEO Cool is not in the future.

She's only 29!

I thought this was an interesting comment. http://www.bloomberg.com/news/2014-01-21/el-erian-s-next-act-and-the-ascent-of-pimco-s-balls.html

I meant the year by year returns, plus data for standard deviation etc.

Does anyone have access to Mr Pabrai's track record to date and is willing to post it on here? Interested in seeing the risk (standard deviation) as well.

Didn't realize most of the world drove on the right. Interesting stuff.

You should post some ideas. That's the best way. Even if your ideas are bad, you will learn.

^ Hmm....why do you say that his float isn't invested in wholly owned businesses?