indythinker85

Wow thank you! I have seen a lot of letters floating around but many of those i have never seen.

Have not seen full thing. I have seen Zerohedge and Valuewalk (and maybe Marketfolly) post segments in the past (which were not removed). I get the feeling Baupost will ACCEPT it if someone writes a summary and/or quotes small segments. They only ask for removal if large or entire portions are posted.

This is so damn funny! Icahn's such a dick...very funny. Cheers! The only reason to watch CNBC is for moments like this. What a bunch of children!

Klarman not a fan of Bernanke it seems :) 20% of portfolio is Lehman debt it seems. http://www.valuewalk.com/2013/01/baupost-groups-seth-klarman-sees-50-shades-of-value-in-the-market/

The PIIGs are extremely cheap (an understatement) on a quantitative basis. Obviously, the macro problems are known to all, and I personally think the euro-crisis is not over. But I am not a market timer. I own some of the ETFs (which are not the best tracking tools) with the largest allocation to Greece. I am scared to buy individual names, as I do not have enough time and doubt its in my circle of competence, but I would consider a basket of equities. Is anyone here investing the region? If so, how? Thanks in advance.

http://video.cnbc.com/gallery/?video=3000140548#eyJ2aWQiOiIzMDAwMTQwNTQ4IiwiZW5jVmlkIjoibGoxOUJQYjhHL0lqazhOWFFocnRSZz09IiwidlRhYiI6ImluZm8iLCJ2UGFnZSI6MSwiZ05hdiI6WyLCoExhdGVzdCBWaWRlbyJdLCJnU2VjdCI6IkFMTCIsImdQYWdlIjoiMSIsInN5bSI6IiIsInNlYXJjaCI6IiJ9

http://www.forbes.com/sites/nathanvardi/2013/01/16/the-great-baupost-madoff-claims-trade-that-made-a-big-madoff-feeder-fund-a-loser-again/

http://io9.com/5974468/the-most-common-cognitive-biases-that-prevent-you-from-being-rational

Thanks! You have link? Not great navigating here.

I have been thinking but Marks' is already managing quite a bit of money. On the other hand, I try not to copy investors, but Einhorn bought a week after the IPO. Also, Doubleline has great AUM growth, and it seems to just be picking up. I have read sell side reports, and they dont even mention the doubleline stake! This article I believe originally from the CFA Institute makes really good case for OAK? Any thoughts? http://www.valuewalk.com/2013/01/value-investing-in-practice-a-conversation-about-oaktree/

http://www.fpafunds.com/docs/quarterly-commentaries-crescent-fund/crescent-2012-q3-final.pdf?sfvrsn=2

http://www.businessweek.com/news/2012-10-25/former-morgan-stanley-banker-barrett-joins-greenblatt-s-gotham

LOL!!!

http://www.businessweek.com/news/2012-10-23/baupost-s-wagner-to-leave-as-firm-s-co-portfolio-manager

YW. I love Einhorn, because he is someone able to see across party lines. For some reason QEIII has become a political issue, but Einhorn ferociously attacks the policy (not 1st time) and is a democrat.

http://c7.valuewalk.com/wp-content/uploads/2012/10/Qlet2012-03.unlocked.pdf

http://www.opalesque.com/644030/Pabrai_offshore_fund_to_new_money403.html

Thanks, anything from Munger is a gem.

http://www.valuewalk.com/2012/10/should-value-investors-change-their-style-tom-russo-vs-mohnish-pabrai/ I would add that although Pabrai had awful 08, Russo had a bad 08 as well.

https://www.santangelsreview.com/2012/10/17/charlie-munger-lecture-at-the-harvard-westlake-school/

When describing how we manage money, we value investors often use terms that slide effortlessly off the tongue. This article is a real life chronology of an investment which the author believed had a ‘margin of safety' embedded in his purchase price. The investment journey turned out to be far more complicated than envisaged. Luckily we can all learn a little from his experience. http://www.valueinstitute.org/viewarticle.asp?idIssue=1&idStory=120

Krutter's title is secretary for Berkshire Hathaway Inc. and senior vice president, general counsel, and secretary for Berkshire Hathaway Group, its subsidiary. Article here-http://profilemagazine.com/2012/berkshire-hathaway-group/

http://compoundingmyinterests.com/compounding-the-blog/2012/10/12/learning-risk-and-behavioral-economics-with-the-santa-fe-ins.html