Parsad

Yes, I'm quite well-known as a stock-tease! LOL! Cheers!

I've Seen in the Last Three Years! Sorry, can't tell you, but I've got a crap load of cash I can put to work in this one. :o Cheers!

They were stupid! They should have put the rights plan in place a long time ago when he owned far less. I think Gad's got a pretty good chance of getting his slate on there with 31%+ ownership. Cheers!

Bono sings at Buffett's grand-daughters wedding reception. Cheers! http://finance.yahoo.com/news/u2-frontman-bono-sings-buffett-140637423.html

Short, but interesting article on Bezos. Cheers! http://postcards.blogs.fortune.cnn.com/2013/08/06/jeff-bezos-warren-buffett/?source=yahoo_quote

+1 While I don't know how hackers got hold of Sanjeev's password, I would also recommend using a password management application like, for example, 1Password. They help you remember all those unique passwords: http://alternativeto.net/software/1password/ This image is also relevant: https://xkcd.com/936/ Thanks Guys! Not sure if it was a hack or an email spoof emulating an email with my address, since there was no indication of any activity in the account...deleted emails...etc. Regardless, passwords have been changed and I probably will use the 2-step verification. Cheers! So how do we know this is really you? :) Good question! I'm eating a burger and market prices are rising...especially SHLD. Who else could make that happen?! Cheers!

I've also made it difficult for Norm, since we kind of don't want to do any interviews. Cheers!

+1 While I don't know how hackers got hold of Sanjeev's password, I would also recommend using a password management application like, for example, 1Password. They help you remember all those unique passwords: http://alternativeto.net/software/1password/ This image is also relevant: https://xkcd.com/936/ Thanks Guys! Not sure if it was a hack or an email spoof emulating an email with my address, since there was no indication of any activity in the account...deleted emails...etc. Regardless, passwords have been changed and I probably will use the 2-step verification. Cheers!

Hi Folks, Please note that my email account (cornermarketcapital@gmail.com) was hacked, and at least one fraudulent email was sent requesting financial information. I'm in the process of informing Google. If you find you have received an unusual email from me, please feel free to contact me to confirm at 604-612-3965 or cornerofberkshireandfairfax@gmail.com. Thanks very much! Sanjeev

I've been saying it's expensive for almost six years now, but that doesn't seem to mean anything. There is still plenty of money flowing around, rates are relatively low and supply/demand pretty even. I even sold my place in North Burnaby, which in turn I used to buy a much larger, nicer place in South Surrey. I don't think you will see a correction until rates start to rise dramatically, and it doesn't seem like that is happening yet. You are getting small rises in rates, but that is only spurring on the market, as buyers reduce supply and get in at historically low mortgage rates. While China money is slowing slightly, same with European money and U.S. money, you still have plenty of money coming in from the Praries. The resource sector has been hit hard, so that might start to affect prices a bit, but still no real slowdown. Cheers!

Agreed. The real value of this board comes from understanding the dozen or so individuals that have real insights and well-considered recommendations. These happen at opportune times on threads that are often already created. One example (of many) is Twacowcfa who doesn't show up on the list, yet has offered some very high quality recommendations including MMPIQ, WSBASE market short, GSE preferred, or the epic call to lever BRK when it was trading at the buyback price. Yes, totally agree. How is Twacowcfa not on the list? You have some of the most successful investors and prolific analysts excluded from the scraper. I think like any tool or ratio, it gives a static impression on very strict parameters. Boardmembers should view it in that light, and I'm sure Chris will continue to refine the scraper over time. Cheers!

Actually, if I'm not mistaken, Eric has said that he doesn't have original ideas, but simply identifies the most compelling ideas that others have come up with. Apparently, good ideas that are posted under the General category apparently won't make the cut, and shorts or stocks with downsides that are posted under investments would muddy the water. Nevertheless, the results should be interesting. That's my point. People always come up with an idea, but what do you do with that idea? How many would have sold BAC when it hit $5, rather than buy BAC at that price? I think the tool has no way of indicating results based on the actual most opportune time to purchase, and instead simply shows when and whom germinated the idea. That in itself is fascinating, but I think undermines what the true goal is...to get a real gauge for investment ability and execution. It's why Eric's results are stratospheric...combine his leverage/concentration with his ability to buy at the most pessimistic of times...you get extraordinary results. If the tool could somehow record the number of posts by an individual relative to the historic prices and then weight that relative to the future outcome of the investment, that may provide a more accurate gauge. I'm sure that is a hell of a lot more complicated...but I wouldn't want investors suddenly weighting their investments based on the tool as is...I think they may find the end result different than what the historical numbers may indicate...as there is no weighting for conviction and temperament. Cheers!

Cute article by this young fellow! I'm jealous, as he had a 15 years head start on me, and I'm sure on many of you as well. Good luck to him! Cheers! http://www.theglobeandmail.com/globe-investor/how-a-15-year-old-became-an-avid-warren-buffett-fan/article14005611/

Very neat idea...I like it! But I don't think it's accurate other than the germination of ideas. If you go simply by the rankings, Ericopoly has made zero contributions and mine would be Chanticleer! ;D Maybe some tweaks...number of posts in a specific thread gets some weighting relative to the stock price at that point in time, since most people would not have held on to their BAC or especially BAC warrants without Eric's analysis and comments. Otherwise the results indicate that Eric is perhaps the greatest coat-tail investor in history...which is not accurate at all. Cheers!

Candid comments about OSTK, which may be applied to Fairfax's purchase of BBRY, as well as rational comments about estimating market valuations using artificially depressed discount rates. Cheers! http://www.choufunds.com/pdf/Semi-AR13.pdf

Many more years of compounding Warren! Cheers!

No, you have to be aware of ERISA around investing IRA assets in a partnership. Basically, 25% of the fund assets, excluding GP's interests and GP principal's LP interests, have to be excluded from that calculation. So, you cannot start a fund with your own IRA, otherwise you could be deemed to be a benefit plan and that changes everything. There may be other ways around it, but I do not know of it, so probably consult a tax/fund specialist. Cheers!

...the massive inefficiency's size and persistence is directly related to the size and persistence of the market "mis"-structure which causes it. This massive inefficiency is also called the "inflated ego" syndrome. It occurs when parents tell their children over and over again, how wonderful, brilliant and amazing they are, when they have no God-given or accumulated talent, and they then sell the world snake oil to prove they are wonderful, brilliant and amazing just like their parents told them they were! It persists both on Wall Street and Main Street. The only known cure is the lobotomization of the parents before they have children. Which explains why the world is full of assholes, since it is such a drastic preventative step! ;D The depth of the inefficiency can be seen in the amount of unwarranted fees collected by charlatans, crackpots, crooks and swines that swindle the naive, indoctrinated masses through books, trading programs, real estate infomercials and just plain Ponzi schemes. Cheers!

Please don't post the article here. It's a copyright issue. Thanks and cheers!

Bottom guy is not him. Cheers!

That was my recollection. I dont think he was ever banned. No, he was never banned. He left on his own accord because you minions had no way of grasping his ginormous intellect. You fools! You could have had his trading secrets for free...now it will cost you just under 200 bucks! Although, if he could sell his book for $200, what do you think someone with an actual successful and astonishing record like Eric could sell his for? Twacowfca, you guys better sign Eric up now...he has no idea what he's worth yet. Cheers!

And for those of you thinking I'm cracking up because he wrote a book...you're wrong. I'm cracking up because only he would think of a title like that and then price it where he's priced it! I still can't stop laughing...I'm going to have to walk away from the computer for a few minutes and watch a replay of Miley Cyrus at the VMA's last night. That should stop me from laughing! Cheers!

Somebody please stop me...I'm dying here! :'( After I post this, sales will go up! Cheers! http://www.amazon.com/gp/product/B00DBT66MI

Article about Muriel Siebert, and how she built her firm. Cheers! http://finance.yahoo.com/news/first-woman-member-nyse-siebert-dies-80-003028069.html

While many people admire Mohnish for his success with the Pabrai Funds, I admire him (and wife Harina of course) far more for what they are doing with their non-profit Dakshana. I'm a proud supporter and proponent of their work there, and I highly recommend reading the 2012 Annual Report. If anyone is involved with a not-for-profit enterprise, there are plenty of lessons that could be learned or applied to your operation. I find it more insightful, from both an economic and social standpoint, than anything you will ever read in a hedge fund annual report! Cheers! http://www.dakshana.org/AR12.pdf