Palantir

TL:DR, what is your estimate for IV?

INFP INFP personalities are true idealists, always looking for the hint of good in even the worst of people and events, searching for ways to make things better. While they may be perceived as calm, reserved, or even shy, INFPs have an inner flame and passion that can truly shine. Comprising just 4% of the population, the risk of feeling misunderstood is unfortunately high for the INFP personality type - but when they find like-minded people to spend their time with, the harmony they feel will be a fountain of joy and inspiration. This is true, I am a sensitive, emotional snowflake. Not surprised to see all these INTJs here. ;D

Just take BV and put a historical average multiple on it?

Government subsidizes junk food via corn subsidies -----> corn syrup. The leading purveyor of corn syrup is liquid diabetes manufacturer Coca Cola.

SHLD, this is a winner.

Do you think it could be a panic sell after watching oil prices crash? Bad memories of that oil bet in 08?

I think pipelines would be a better comp for railroads. Difficult to build but more efficient than rail for moving o&g.

Been thinking about doing the same. But wait... http://www.businessinsider.com/heres-more-evidence-that-apple-could-be-working-on-a-car-2015-2

BRING IT!!!!!!!!!!!!!!!

Maybe this dip is a good buying opportunity to stack up on belgian beers. :D www.belgiuminabox.com

I think people are being unfair to Klarman, his book is unimpressive for sure, but he, like Buffett hides his true knowledge.

I think that gives him too much credit, neither evil, nor a genius, just a chap pathologically obsessed with making money.

There is a thread on this. One of the posters on there has some insight.

^Actually, that's the point. Owner-operated/compounders does not mean shareholder friendly. Rather, I feel that the best owner-operators are the ones that are regularly ignoring shareholders in order to execute on a very long term vision. Steve Jobs treated shareholders as a nuisance, however by thinking in the best interests of his company, he created a lot of value for shareholders, as a side effect.

each country has to take 80% of their risks. So ECB isn't carrying the risk if bonds arent worth what they bought them for. So if for example greece fails, they will take 80% of the pain. And richer countries will take 20% of the pain. While I get that, isn't the ECB not permitted to flat out printing money Fed style? At least that was what was circulating in the news in years prior.

^Nice. Can outsiders subscribe to your letters? Interesting that your minimum account size is 10k....

I was under the impression that the ECB couldn't do QE....so how exactly are they doing this today?

COH

Anybody want to subscribe to Burry's letters and "leak" them on here? ;)

To this point, aren't these new tight oil discoveries also subject to similar marginal costs as the ones in the US? Where oil is right now, it's pretty much trading near Ghawar's $40 estimated marginal cost....

This is awesome. ;D We need Matthew McConaughey as Greg Lippman.

RHT, and AMZN. RHT not so much now, but when I bought in low 40s, forum members were like 60x PE....lolwut?

Let's invert. Are there any investments like that today that have a simple writeup and are going to become as big as GEICO did?

I'm a public school grad, and don't get the hate aimed at them. I had a great experience, and my school wasn't anything exceptional, just a middle of the road midwest school.

US has been dramatically raising production for about 5 years now, if it was simply a supply vs demand imbalance, why was the transition a quick drop in prices rather than something that played out over 5 years? I have a hard time understanding the "increase in supply" line of thinking.