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Parsad

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Everything posted by Parsad

  1. I was in Omaha the weekend this interview was broadcast, so I had not seen it till now, but I'm going to miss Munger when he's gone...as well as Buffett! Two irreplaceable gems! Great interview by Becky Quick as well. Cheers! http://www.cnbc.com/id/100707283
  2. What non-essential item do people continue to buy right up to their last nickel? That isn't a rhetorical question, because I don't know. I don't believe there is anything anymore that people will spend their last nickel on. At one time I would have said a mortgage, but that obviously isn't true any longer. Water. Cheers!
  3. Probably best to wait for any press releases. People could have left for personal reasons, new opportunities or a change in company direction. Better not to speculate. Cheers!
  4. I will never forget his promotional tirade during the Berkshire meeting. He got the chance to ask Buffett anything he could possibly want and Kass decided to asked him for money in some veiled bet. Buffett's response was pretty good too..."Not gonna happen!" The crowd roared in laughter. Cheers!
  5. Anyone know who the "rogue" tweeter that Cramer refers to is? Is it someone well known? Cheers! http://www.cnbc.com/id/100821025
  6. Yes, yes, we should all ignore macroeconomic factors, but what would be the repercussions of this bubble popping. Food for thought, anyways. Cheers! http://www.bloomberg.com/news/2013-05-28/china-credit-bubble-call-pits-fitch-s-chu-against-s-p.html
  7. Tick, tick, tick...getting mighty close! Cheers! http://www.bloomberg.com/news/2013-06-14/detroit-on-bankruptcy-s-brink-stops-paying-some-debts-orr-says.html http://www.cnbc.com/id/100817728
  8. Fool.com article on Fairfax and Power Corp. Cheers! http://beta.fool.com/whichstockswork/2013/06/14/canadas-versions-of-berkshire-hathaway/37148/?source=eogyholnk0000001
  9. You've got to keep these types of posts to the "General Discussion" board. If the title isn't specific to a single stock, it doesn't belong in the "Investment Ideas" board. Cheers!
  10. New catastrophe loss disclosures in the future. Cheers! http://www.bloomberg.com/news/2013-06-13/berkshire-adds-disclosure-on-insurance-losses-after-sec-pressure.html?cmpid=yhoo
  11. Oh no way did you take a shot at the Canucks. Otsog...you're banned! ;D Boo, hiss...Bruins/Blackhawks final...I hope Marchand and Duncan Keith knock each other out with cheap shots! Cheers!
  12. I'm revamping the homepage. I know there are a lot of great board members on here, including professionals who want to get their name out there or even simply need to vent on a subject. On the new homepage, there is a high profile space that I was going to use for my own blogging, but I decided that people hear me enough on the message board! ;D Would anyone here be interested in writing something once in a while or really whenever you feel like it? I will post it on the homepage and hopefully your comments or business will get some traction. I'm not looking for any payment for you to put your writing on there, and I won't be paying you either! But there are managers, analysts, etc. out there who want to get their names out there, and there are even people who simply have something worthwhile to say because they need to vent or are frustrated. If so, contact me at cornerofberkshireandfairfax@gmail.com. Cheers!
  13. That's a good idea! Why don't I do it here instead. I'm revamping the homepage, and I could profile a couple of articles a week from any interested party that wants to write...fund managers, analysts, bloggers, Ericopoly! Cheers!
  14. Not retail soft-serve yogurt...grocery store dairy yogurt. Not TCBY, but Danone. Cheers!
  15. Article on the founder of Chobani yogurt. Cheers! http://finance.yahoo.com/news/the-yogurt-company-growing-as-fast-as-google-and-facebook-212410183.html
  16. LOL! You should probably do that on eBay...put them in small little trademarked baggies and sell them. I bet you make a killing. Cheers!
  17. LOL! He said he can't "spend it on shit", otherwise that would have been said already. Cheers!
  18. Go to the Dean of Business at your local university or college. Tell him you are willing to put seed capital to incubate 5 business ideas that his MBA class can come up with that you will filter, and in return 1/3rd of the business is owned by the college, 1/3rd by the students and 1/3rd by you. In return, you will mentor the students and their businesses for that $20K in seed capital that each idea receives. Cheers!
  19. SEC fines CBOE for naked short sales: http://www.cnbc.com/id/100806985 Cheers!
  20. Probably because it's a frickin' 9-foot hurdle! What margin of safety is there in something that may not exist because the government deems it so? Balance sheet and operating risk is somewhat estimable, but business/industry risk is much harder to do with congressmen and senators involved. Contrary to popular belief, Mohnish prefers easier ways to make money...so do I. You can make money trading it like Twacowfca has, but you better be right about the bet within 5-7 years. You can't wait this one out like Berkowitz did with Sears, since the U.S. government isn't worried about investors getting their money back, only the U.S. government. Cheers!
  21. Cute little ode to Buffett by U2 frontman Bono. Cheers! http://www.forbes.com/sites/randalllane/2013/06/06/bonos-moving-serenade-of-warren-buffett-video/
  22. $1,000,100...relatively speaking, of course! Cheers! http://finance.yahoo.com/news/buffett-charity-lunch-sold-1-044121901.html
  23. Giofranchi, Obviously that is a well-read study of a value investor! I think you will like the picture I've posted here as well. It's from a friend of mine who wants to remain anonymous. Each pile of paper is for one specific company! No room for his laptop! ;D Cheers!
  24. Basically just thanking him. I remember that after I sent the letter, I had received a letter back within 7 days...I thought that was amazing that he read the letter, had it dictated and typed out, and then mailed back to me all within 7 days from when I sent it. I don't know if he really writes letters that much these days as there is just so much notoriety around the company now. Has anyone recently written to him and received a response? Cheers!
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