EliG

http://longrundata.com/ Enter Jan 2, 1997 as the start date. It barfs at Jan 1.

Winters is on the list of "superinvestors" @ Dataroma. http://www.dataroma.com/m/holdings.php?m=WA Given his index-like performance, Dataroma judgement is rather questionable.

ItsAValueTrap, is that you? ;) http://www.theglobeandmail.com/globe-investor/investment-ideas/investor-looks-for-wonderful-businesses-at-a-fair-price/article19680111/

Yes, here:

Science, American legal system confirm barefoot shoes are bullshit http://www.vox.com/2014/5/9/5695290/science-american-legal-system-confirm-that-barefoot-shoes-are-bullshit Please don't flame me. I'm not a runner. I have no opinion on the subject. I just stumbled across the article and thought I would pass the link along.

Great interview. Thanks for posting. http://www.marketwatch.com/story/top-manager-quits-mutual-fund-2009-08-05 13% annualized from Dec 1996 to Aug 2009 as a manager of FBR Focus Fund. The end date is not far from the bottom of the crisis. I would venture a guess that he was averaging better than 15% before the crisis.

This is hilarious: Ten Surefire Trading Rules To Make You Rich ;D ;D ;D

Russia Urges Companies to Delist Abroad http://www.bloomberg.com/news/2014-04-08/russia-asks-companies-to-delist-from-bourses-abroad-for-security.html

The political economy of Russian oil and gas http://www.aei.org/outlook/foreign-and-defense-policy/regional/europe/the-political-economy-of-russian-oil-and-gas That was a very good read. Russian petro-economy is a mess.

Yeah, it's sexist. Also banal. Yawn. We are a two income family. We live on half of my income. We save & invest the other half and 100% of my wife's salary. My wife's best friend is going through an acrimonious divorce. Barring a miracle, she will be on the hook to pay spousal support to her useless bum of a husband.

AutoCanada (ACQ.TO) 13x in 4 years. From $4 in 2010 to $55 yesterday. ACQ is the only publicly traded auto dealership group in Canada. They are riding the wave of dealer consolidation. Mom and pop dealers are selling and retiring. ACQ acquired 7 dealers in 2013. They expect to add another 10 to 12 in the next 24 months.

I plan to quit when our family portfolio reaches $2M. $2M * 4% withdrawal rate = $80K pre-tax income. Budgeting 25-30% for taxes, I get $56K-$60K in after-tax income. This is about what we spend now, with one kid still at home.

May 31, 2013 http://i.imgur.com/cQeM9ym.jpg

Those of you thinking about buying Russian ETF, read Ben Inker's (GMO) thoughts on lagged value. Buying countries that were the cheapest one year ago beats buying countries that are the cheapest today. Value+Momentum > Value. See Page 11. http://www.gmo.com/websitecontent/GMO_QtlyLetter_ALL_4Q2013.pdf

I disagree. I'm in the 43% marginal bracket. Dear wife is in the 35%. We get a tax deduction on the RRSP contributions. Our marginal rates on withdrawals will be lower than our current rates. The difference in the marginal rates isn't the only benefit. A few decades of tax free compounding is worth a lot. Here's another way to look at it: An RRSP is a leveraged investment where the government supplies an interest-free loan in the form of the tax deduction.

Glacier Media seems highly inappropriate for an income portfolio in the capital preservation mode.

I don't understand why you focus on 500 companies. Passive funds track all kinds of indexes. Yes, S&P 500 is the most popular index by far, but it's not the only index that attracts massive inflows. Largest ETFs by assets http://etfdb.com/compare/market-cap/ SPY and IVV are #1 and #3. Both track S&P 500. QQQ is #4. It tracks NASDAQ. VTI is #6. It tracks broad US market (3000+ companies). IWM is #9. It tracks Russell 2000 (US small caps). WSJ P/E data: http://online.wsj.com/mdc/public/page/2_3021-peyield.html Russell 2000: 86.73 S&P 500: 18.91 Small-caps as a group are far more expensive than large caps.

My advice would be to focus on your studies and, later, on building your career. You are in accounting. You should be able to make six digits. Try to get there as fast as you can and don't let investing be a distraction. The ROI of career building will easily beat anything you can do in the markets, given that you don't have much money to work with.

Martinrea (MRE.TO). Trading at a deep discount to peers due to a pending lawsuit by a former board vice-chairman. RBC analyst report: Martinrea reports in CAD, though produces a substantial portion of its revenue from other currencies (mainly the USD and EUR). The company attempts to create natural hedges where possible through localized production, and it has hedging programs in place where this is not possible. At the end of 2012, the company estimated that a 10% change in the USD/CAD FX rate would affect earnings by 1%. However, MRE produced nearly 35% of its revenue from the US, and due to reporting in CAD, it would likely see a material translational benefit in revenue from a depreciating CAD.

A 90-question checklist by an anonymous poster on ValueWalk: http://www.valuewalk.com/2014/01/value-investing-checklist/

Found this in my bookmarks: http://invest.obtusely.com/p/investment-checklist.html

This WSJ article is rather basic and doesn't go into much specifics, but it mentions a few actual questions. http://online.wsj.com/news/articles/SB10001424052702304202204579254793231267408