Palantir

Selling BRK.B today. Will keep 1 share just for the annual meetings.

Good points

Check out the SUNE thread.

That doesn't make sense. The same can be accomplished by keeping stock at FV. Yet some are hoping that their investment stays undervalued, which to me defeats the purpose of...investing.

Those passages suggest that he wants it to be fairly valued (logical), not undervalued. Actually, I would hope that the discount will be a lot smaller if not at a premium at the sell.

How on earth is a long term investor rewarded by keeping the stock undervalued?

Very fair point....

^Thats only true if the only relevant calculation was economic, which it is not.

^Yep, you are right.

But why look at leverage without BNSF and BE? I don't see why comparing it to owning in stock form is more accurate. Rather, owning it in stock form would simply understated true leverage...

So BVPS is now $102.55?

People have been warning us all of hyperinflation from money printing for the past 7 years (!). When is this mythical hyperinflation going to happen?

Great find! Another believer in IBM and AAPL it seems...

Sell puts yo.

Why Spectra Energy? What price would you own it at?

Ted Cruz is our savior!

Why don't you reach out to those PMs and ask for feedback?

Amazon Prime

Sold AAPL recently, I still think its undervalued but have other ideas and don't want to own it in the face of growth revisions downwards and limited dividend growth ahead. Might jump back in later.

I prefer dividends as they are an instant catalyst in realizing value from a stock. Buybacks do not do that. Buybacks in theory raise intrinsic value, but I don't care about IV, I want to see the price of the stock go up. My nightmare would be an IBM situation - management burns away ridiculous quantities of cash on buybacks and shareholders are left with a low stock price. What's more is that management is terrible in using buybacks.

Used Camry/Sonata/Altima is probably the best bet. Used only!

My goal for 2016 is world peace.

2.6% for me. Thanks SUNE. Assholes.

After a while it stops working on Google, so you can either search for the title with Bing, or use an incognito window on Chrome to do the same thing. #valueinvesting