Palantir

What is a good way to show a track record? Would brokerage statements suffice, or is there a more formal way of doing it?

Looks really impressive. How much money are you managing for this portfolio? (If you don't mind). You mentioned it is not a real fund, so essentially is an LP closed to outside investors or is it basically your personal account?

One of my friends invests in this via Lending Club, and has gotten roughly 14% returns annually. That obviously sounds really good, but I can't decide how legit this really is.

Re microcaps....I'm studying MIMV as a speculative play....can't figure out how much of my money I actually want to speculate on this guy....

Any ideas? :)

There is a Jim Chuong. www.ticonline.com

I equally weight between ten holdings. I can't decide whether that is too concentrated or too diversified, so I'm thinking it's just right. The weightage is based more on likelihood of "success" on a specific position rather than the expected return on it. Since I have no idea if one position is more likely to succeed than another position, so I assume they're equally likely to succeed.

Awesome spreadsheet, I'll definitely take a look at it, although I will need to annotate month end values as I go along.

I am unclear on how to actually measure performance because I just add money to my account when I want to buy a stock. I had a 5k roth IRA and added 5k to it over the course of this year. So if I pretend my starting value was 10k essentially I ended up holding 90% cash for half the year, and only increased my position in late fall, and now I'm at 25% cash. So overall my annual return is 7%. If there is a better way to calculate performance, please let me know......:)

On a different note, I think there are Sikh billionaires - the Ranbaxy guys.

I thought Life of Pi was good.

So....anyone buying? We're at that level again.

Hey girl, want to go top-down on your balance sheet?

I wish there were more stocks like this bad boy. :'( Also while there were losses this qtr due to Sandy, you should also offset by rise in retained earnings due to operating income.

The theory is simple. Buyback at 1.2xBV on a stock that has a daily volume of about 300 Millions $/day. The company has about 20 Billions of extra money in the bank and generates about 10B a year. If it ever goes under 1.2xBV BRK can therefore buy substantial amount of it's own stock and sustain it's price. BeerBaron I understand that....but why is that a "put"?

Ok, I'm a little lost now. What exactly are people in this thread referring to when they mention "Warren's put"? I just see the 1.2BV level as a resistance point, but I am lost as to what "put" means in this context.

;D

What an excellent forum. I think I know what I'm doing, then I come on here and read what others do and I am immediately humbled.

Over the past 5 years: WFC, BNI, JNJ, USG, KFT, WMT, arguably even BAC at its lows. :) Vinod Yeah, but were you able to buy those before he did? Point is, he's telling the world, "I'm going to buy this stock at this price because its really really cheap", he didn't do that with BNI or JNJ or WFC.

I don't think it's a "put", but merely a giant "BUY" signal. You're buying the same stock at the same price WEB would pay. How often does that happen?

We're getting close....anyone putting limit orders at 89.25 ish?

Interesting, any ideas? My account has just been sitting there...

Didn't you say you needed to fly to Africa to withdraw the money? What would be the point of buying it if you need to be in Botswana? I recently had an account opened in India, that was a giant pain.

Botswana debt yields very high, especially given that it is AAA rated...no idea how to buy it though.

Not quite methuselah....but at least 50+ years (hopefully) given that I am 25.