Jump to content

Parsad

Administrators
  • Posts

    12,967
  • Joined

  • Last visited

  • Days Won

    42

Everything posted by Parsad

  1. Probably this guy: http://sg.linkedin.com/pub/andy-chua/13/a69/3b Cheers!
  2. I disagree. Everything I have read suggests that high quality .com sale prices are higher than ever. So it could be a bubble but it's not a slump. There is very minimal demand for any of the new TLDs, or anything other than .com. http://w3techs.com/technologies/overview/top_level_domain/all Buying the right domain name can easily be the most critical part of a business' marketing spending. It doesn't make sense to go cheap / risky instead of getting the name you really want. You have to be ahead of trends or ideas, and then capitalize on names or terms that may be of value in the future. You can make money from it, but you have to be on top of it all of the time, probably hold hundreds of names at any given time, and pay the annual renewals for them until one or two hit it relatively big. Also, the name poaching rules are tighter now. If a person or business can establish that you are sitting on their rightful domain name, they can argue that in court often and get the domain from you, or even hold you liable and seek compensation. Cheers!
  3. There was a very detailed thread on this subject not too long ago...maybe six months. Might be useful! Cheers!
  4. Ok everyone, we're on the home stretch...$1,946 online...I've raised some more cash on the side from friends and family, so we are past $2,000. I would like to blow through $2,500. You guys were flying on all cylinders last week, and then the engine shut down. C'mon one last push for Crohn's & Colitis Canada! Cheers! http://crohnsandcolitiscanada.akaraisin.com/pledge/Participant/Home.aspx?seid=8155&mid=9&pid=1686115
  5. Even in a pure free market, what services or goods can a baby or a senior with dementia offer? Society has to decide exactly what level of safety nets they need to provide those in the least competitive positions. Once you do this, you have special interests who twist and bend things, and then you get the corporate/free market cronies trying to level the playing field. A free market can never be completely free, but you can get it as free as possible depending on what that society desires. Cheers!
  6. FBI and the SEC are investigating Phil Mickelson, Carl Icahn and Las Vegas gambler William Walters. Cheers! http://finance.yahoo.com/news/u-investigating-icahn-mickelson-possible-000330919.html
  7. My biggest mistake was only reading book 1) and then nothing for 5 years. Without 2) i would have never read 3). Yes, I can see how that would be a very big mistake! ;D Cheers!
  8. 1) Buffett's Letters 2) The Intelligent Investor 3) Of Permanent Value 4) Margin of Safety 5) Security Analysis If you don't include Buffett's Letters, then "Think & Grow Rich" would be on that list. Cheers!
  9. Although, if Gates had bought the team with Ballmer, I certainly think fans would have loved videos like this before games. Incidentally, I think it works because of Gates...he's got a pretty good sense of comedic timing ever since he started hanging out with Buffett. Cheers!
  10. True, but it's the highest price ever paid for an NBA team...it can't be a good deal. With multiple bids well in excess of what most people thought it would go for, Sterling is making a killing. I believe the original estimate just a month ago was that he MIGHT get $1.2B. $2B blows through that number! Heck, Ballmer could have bought Beats for a little more and actually made regular profits, while working out a deal with MSFT to sell the headphones. ;D Cheers!
  11. It seems as though a few board members need refreshers on how to use the "Investment Ideas" board. Please read this thread: http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/investment-ideas-board/ So, "Ticker (listed exchange if necessary) - Name of equity". Arbitrary, broad discussions about strategy, currencies or non-specific investment ideas belong in the "General Discussion" or "Strategies" sections. The "Investment Ideas" section is to work as a library or resource, where it is easy to find a specific equity through its ticker. Cheers!
  12. How can you say that Parsad? It's the single most liquid investment idea you have in this group. You sell Aussie Dollars in favor of US Dollars on a platform like Interactive Brokers, and hold the virtual currency position as a trade. It's not different in concept from shorting a specific stock. You are shorting a currency pair, and the AUD.USD currency pair is one of the most liquid with huge daily volumes and absolutely trivial bid / ask spreads. The "Investment Ideas" section is so that others can use it as a library of sorts and find historical information or discussion on a specific stock...thus the ticker symbols at the beginning of each title. Your idea would be difficult to track and find over time in that section, thus it doesn't belong. I don't like wasting my time moving these threads to the "General Discussion" board, so please don't post non-ticker stock ideas in that section. Cheers!
  13. Not a specific stock recommendation...does not belong in the "Investment Ideas" section! Cheers!
  14. Not a specific stock recommendation...does not belong in the "Investment Ideas" section! Cheers!
  15. Can you imagine this every time the team warms up? I think they are going to have to call the Forum "The Madhouse"! Cheers! http://www.youtube.com/watch?v=wvsboPUjrGc
  16. I put this post on here more to encourage board members to donate, and I didn't think for one moment that the folks at Fairfax would...or even should have the time to worry about making a pledge for my Gutsy Walk...but they did. Not only that, Sam Mitchell gave me a call today and said that he didn't want me to think that he wasn't taking my post seriously, but that he was just coming off some surgery. I told him that it was more of a gag post, and that I didn't even expect them to respond, but it was more to get boardmembers here to contribute and make people aware of Crohns. That's the type of folks working at Fairfax! Sam is coming off some serious surgery and is recovering, so I'd like all of the boardmembers here to wish him well! He's always been open and frank with us at our dinners, and given some of the best one-liners. Hope you feel a lot better Sam! Cheers!
  17. Porn! Kraven, I don't think any of us here have any desire to see Ericopoly, Twcowfca, Indirectinvestor or Packer naked! You might want to know how BIG their net worth is, but the rest of us just aren't interested. What you do on your computer in the privacy of your own home is your business. Cheers! ;D I would like to see Packer and Sanj. naked, while singing a duet..... Guess, I'll have to wait until april 2015, patience young grasshopper, patience. I think we'd both have to be REALLY hammered for that to happen. I'll bring a few cases of Russell beer to the dinner next year! ;D Cheers!
  18. I'm there from June 13th to June 16th and staying at the Westin Mission Hills Resort on Dinah Shore Drive. If people are interested in meeting for breakfast or coffee, let me know. Cheers!
  19. Porn! Kraven, I don't think any of us here have any desire to see Ericopoly, Twcowfca, Indirectinvestor or Packer naked! You might want to know how BIG their net worth is, but the rest of us just aren't interested. What you do on your computer in the privacy of your own home is your business. Cheers! ;D
  20. Yes, Cageyone that is correct. So if you are bald, you are more of a pure Ben Graham investor like Sir John Templeton, Peter Cundill, Prem, etc. If you have hair, then you are more Buffett & Munger. If you are bald, but have a little hair around the sides, then you utilize both philosophies! ;D Thanks for the donation...very generous! Cheers!
  21. True and valid point. For example, if someone's house is paid off, and they have $2M in investments, and live on perhaps $40K in expenses a year, how would a net worth of $15M even be relevant or matter. They are financially independent for the rest of their life, and any more dollars than the $2M has no bearing on how their life will play out. That being said, many of our high net worth members have seen their net worth grow exponentially in the last decade by utilizing Ben Graham's theories combined with a hell of a lot of leverage! That could be somewhat inspirational to newer, younger, lower net worth members who want to know if it is possible for them to achieve a similar result. Cheers!
  22. Sanj, I think it's a strategy on their part -don't forget: they're value investors- They'll wait until the last minute to give a chance to (many) smaller donators to make a modest contribution and maximize the gains pledges instead of discouraging them if they topped up the bucket right away. That makes a lot of sense Alek! They do like to maximize resources before showing their card. Cheers!
  23. Every bit helps Eric! Thanks a lot. Cheers!
  24. Thanks Chintan...truly appreciated! Cheers!
  25. There's at least 50 people on here that are in that bald-headed list or higher that I know of, and probably another 50-75 that read but aren't members. They've just chosen not to respond yet for whatever reason...humility, they aren't bald, vacation, surfing, or busy finding the IP address on their Tesla's. ;D Cheers!
×
×
  • Create New...