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One World Trader

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Everything posted by One World Trader

  1. Thanks for the points I’ll look into it The stock has done 11 percent in 5 years point to point. In that same time I have created and grown my own quite profitable small business from the ground up point to point. I don’t get it. I sure grew my book value at least 15% per year . And it shows. Five years to me is a long time.
  2. Why is the price dropping so much ? I am not a dissolusioned fan I’m someone looking for a real solutions to explain lack of growth for five years. thank you
  3. It's incredible how the market can price Fairfax at such different levels given the stability and track record of the business, and as a long time holder, I couldn't be happier
  4. http://thefelderreport.com/2015/03/04/why-the-smart-money-is-beginning-to-worry-about-the-downside/ +1
  5. "Pay yourself first" -The Richest Man In Babylon - George Clason
  6. It would be interesting to know how Fairfax protects itself and if it is involved in this fellow Canadians billion dollar saving project!
  7. America's coming bankruptcy the real crash how to save yourself and your country by Peter Schiff
  8. You can. but you might not want to. Actually, I do, however not in the short term! At the end of the day, which country has the factories to produce more goods and which ones have the consumer debt? Which one has the ability to make more profit? :) I agree with much of your response. End of leveraging phase...absolutely. I agree that saying the economy grows in the long term with all this borrowing is unrealistic because sooner or later the buck has to stop because many less in America will have it to spend! In addition, the US owes around 5 trillion to China. That would be easily deleveraged and the problems you speak of be fixed by selling off fixed assets in the USA to China. That shrinks the economy. This doesn't solve the problems within their governing system. It does however, mean that our economy would shrink accordingly to pay off the 5 trillion it owes while it deleverages. Great final word, an important question!
  9. I understand, though hardly agree. Its exactly what they want you to think!!! As long as we're talking about spending while Americans are in debt, we are talking good short term gains for manufacturers and stores but bad long term games for the whole economy. Let me explain: When individuals borrow and spend to finance productivity it is beneficial for the economy. In the past, individuals borrowed to build a factory which would produce goods that were sold at a profit that would pay off the loan. Today money is spent and borrowed for consumption whereas indebtedness grows while production capacity doesn't! For example buying a dress or football game tickets. The debt doesn't go away because there are no profits to pay off the debt from the spending. I can think of an example country that is borrowing to build factories and their economy is growing rapidly... :)
  10. Cardboard - From what it sounds there's going to be some hell to pay In those countries!
  11. My friend, I don't know anyone who goes to the pump to fill up for work and has another tank of gas they fill because the stuff is selling for half price. I think people use the same amount if not a tad more. With returns on money in the bank at .1 percent with little wage increases and inflation at 2-3 percent per year the average person is seeing their effective purchasing power decrease over the past few years. Factor the last few years of this in and people are really hurting. So the little they are saving in gas like you suggest cannot be going back into growing the economy if they have to pay off the average americans credit card debt, which is 15,611. BTW that Iignores the white houses recent push to..yup you guessed it...raise the gas tax. It's what they want you to believe though. :)
  12. Sorry I cannot believe that an increase in supply means an increase in demand. Why would anything be more "in demand" if it can be obtained more easily?? Whether I think of an example in socks or stocks it doesn't seem to add up!! :)
  13. Does this mean FRFHF holders receive a dividend the same day? Thanks
  14. Hi All, Happy New Year! What is going on with oil prices? I haven't filled my car for this low since I can remember. This is by no means a complaint, however I am skeptical. I hear the US has doubled its production since 2008. What is the official purpose here? Thanks all, I can always count on an informed response!
  15. And to think the money says "In God We Trust".
  16. Eric - After intensive studies it is apparent that what is told to you and to me is not entirely accurate. Maybe this is what happened to the first plane and the powers knew about the truth but one side decided to do it again to show everyone what really happened. The scenarios are endless, these are not new tactics, please be advised!
  17. Seeking Alpha article on the Real Estate situation in China and Fairfax ! http://seekingalpha.com/article/2297165-a-comprehensive-look-at-chinas-property-and-infrastructure-bubble
  18. Wilbur Ross is selling 6 times more than he is buying this year! http://www.cnbc.com/id/101825616
  19. Does anyone else think the worldwide theme "All In Or Nothing" is a little suggestive?
  20. Is anyone buying FFH/FRFHF now?
  21. Hi Cageyone. How did you become interested in FFH in 1991?
  22. Why not invest 80 - 100 percent in Fairfax Financial for a 10 year horizon with opportunity cost aside?
  23. Millionaires? I would give but I am 24 and now unemployed.
  24. "Investing in Fairfax Financial today is like investing in Berkshire Hathaway in the early 1980s" Interesting article. Thanks Alekbaylee
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