luck

thanks abyli. probably a good way to go about it.

anyone know of the tax/accounting implications related to $PSH in the netherlands?

People aren't hating on Philly, they're just giving you their opinions. If you LOVE Philly, go for the adventure. I would never do such a thing, but to each their own.

don't leave NYC area for Philly and uproot the family. NYC's the greatest city in the world. Philly is not even close (only my opinion).

With respect to the Fiat NYSE listing, anyone (phil, muscleman, far east, packer or any other Fiat holders) know if: 1. The Over-The-Counter ADR shares listed under FIATY are automatically converted into FCA shares on the NYSE if approved? 2. Does conversion from FIATY to FCA on the NYSE require voting yes on the proxy or will it happen even if one refrains from voting? Trying to figure out if I should do anything with this proxy given the deadline to vote of July 25th. Thanks in advance.

my wife's 401k has done decently in $FCNTX mostly & no fees. i figure if will danoff learned from peter lynch, might be okay to have a small percent of the net worth in more growth-driven or PEG plays. but, that said, probably a good idea to turn it into an ira at some point.

i've always believed in buying a brand new car - don't need to worry about what the previous owner did with the car & warranties off the bat. to me, it feels great to drive around in a new one. that said, i can understand how it might feel better to get a great deal on a used one though.

bill miller's performance numbers are definitely all over the place. that said, i think ed hyman's calls have been pretty good across time (30+ years).

I agree. McMansions, huge living spaces, etc. are not as important, in my opinion, as functionality, and decent style.

good points on vertical advantages no free lunch & china parsad. china will work out its issue within ten years in my opinion. in my opinion, this is more of a buy on extreme pullback play and only if one has an extremely longterm horizon. management is indeed excellent. i've also spoken with jordan and they are looking at the downside in microscopic detail and trying to avert it.

hi muscleman- can't figure out who to use to buy international stocks. my broker doesn't even trade anything non-adr. any recommendations on a broker for buying international stocks on a foreign exchange? exorf on the orc is massively illiquid it seems. also, do you know what the tax considerations are for buying exor on the italian exchange? thx in advance.

for what it's worth, here's some perspective from buffett on the shipping industry: http://www.valuewalk.com/2013/04/warren-buffett-bearish-on-shipping-industry/

thanks plan for the marks video link. i just read "the most important thing illuminated", which had some interesting annotations by joel greenblatt (had him as a prof at columbia b school and as great a guy as he is an investor). i can't really jive with howard mark's approach for some reason, but i did get a few takeaways: 1. patient opportunism. let the game come to you, don't go on tilt like a gambler. buffett quote in the book about mr. market being a pitcher throwing gm at 49!, etc. you don't have to hit and just stand up to bat and score your runs in the dark of the night. 2. specializing in niches and people. this quote means different things to different people. it immediately got me a little more focused on the compounder/operator stocks (lbtya, tdg) where you know the capital allocation history has been stellar.

hi gio- thanks for the attachment. appreciate your posts. not sure if you're in america, but wondering which broker you'd recommend for investing in third point offshore? as of now, i can't even trade anything other than adr's with my broker. also, are there any tax considerations or fee considerations for those investing outside of england? thanks much in advance!

i think at some point, a different international digital currency perhaps and gold will be flipped around on that chart. i don't know if i'd want to own a ton of gold in the age of disruption.