Parsad

Sunday morning at the Omaha Marriott near Borsheims. Cheers!

Article on Ackman's bet against Herbalife. Cheers! http://www.theglobeandmail.com/globe-investor/hedge-fund-mogul-at-risk-of-a-short-squeeze-on-herbalife/article7564065/

Thank God for Apple! LOL. Cheers!

Seriously? Can you provide any substantive evidence of your claim? I'm sure that was a generalization, so ignore it. Kind of like how I ignored the comment by the senate candidate who said that "women cannot get pregnant during legitimate rape because they are under too much stress." Democrats are crazy, but there is no one more nuts than some of the guys in the Republican party. Unfortunately, I too have no proof to back that up except for Todd Akin's existence. Cheers!

Before we all get our hopes up, the article is meant to be satirical, not serious. Cheers!

Always some words of wisdom in any of his interviews. Thanks very much for posting. Cheers!

When did Byrne stalk Antar and his wife? Antar has written one non-descript article after another on Overstock.com, along with Fairfax and Francis because they were shareholders. Antar's cronies Gary Weiss and Tracey Conen also wrote one article after another on Overstock. They especially were active each time the stock was heavily shorted, but their articles disappeared every time the shorts lost on a bet. Antar, along with Tilson at one point, funded Barry Minkow's "Fraud Discovery Institute"...but now that Minkow is serving time again, Antar has somewhat disavowed himself from Minkow. A known felon funding another known felon until he went to jail again. What credence does Antar's articles deserve? It's like Lance Armstrong writing about ethical and honest management! Cheers!

I would prefer he hire a bodyguard. And if he is going to carry a gun to protect himself, then be smart enough to know where it is all the time. This guy is very smart...how could he be so reckless as to just leave it another bag? Cheers!

LOL! Nice catch James. Cheers!

Article on Dell's MSD Capital and investments outside of Dell. Maybe they should have taken profits from Dell and gone into the money management business, because that would have grown shareholder value a hell of a lot more! Cheers! http://www.cnbc.com/id/100389983

CNBC interview with Kyle Bass. Short but good. I agree with him about Japan, but I'm not sure he can really put a time frame on this thing. Cheers! http://www.cnbc.com/id/100391704

Oh geez! I'm sure Sam Antar and Gary Weiss will finally crawl back out from under their rocks to write about this! Like I said before, what the hell is wrong with Americans and their obsessions with guns? You just have a frickin' loaded Glock lying around in a gym bag in your closet? Loaded...no trigger lock...and just sitting in a bag where anyone can get their hands on it, not to mention a relatively high-profile CEO accidentally packing his luggage in it and trying to board a flight. You guys are retarded down there! ;D Cheers!

I felt the same way. Nothing wrong with it...just didn't feel right. Cheers! The man who sold the claim (evidently he had offered the claim to distressed debt or claims investors at the highest bid) wasn't a victim, but an offshore owner of a Madoff feeder fund. The managers of those feeder funds, unlike the victims, we're generally sophisticated operators who didn't ask too many questions about how Madoff made his remarkable stated returns. Once the fraud became known, a prudent, sophisticated manager should have waited for price discovery to see how much his claim was worth, given that the world's best attorney for recovering money was aggressively persuing restitution to victims who lost money. That he did not wait for price discovery to run it's course, suggests that other time sensitive motives a may have influenced his decision to sell the claim of his feeder fund for what was almost certainly going to be a discount to the value of the ultimate recovery. You're probably correct Tim. Just too bad the actual investors are getting screwed over by their manager. Cheers!

I felt the same way. Nothing wrong with it...just didn't feel right. Cheers!

Re-opening of the 2022 debt offering. Cheers! http://finance.yahoo.com/news/fairfax-launches-250-million-opening-195600081.html

Thanks for posting that Hellsten! Cheers!

I've got to tell you that Preet Bharara has done ten times more in his time than hedge-fund crony Spitzer ever did. Kinnucan gets four years! Cheers! http://money.cnn.com/2013/01/15/news/companies/kinnucan-insider-trading/index.html?source=cnn_bin

I think they should look at cross-selling insurance and other products. Berkshire's been doing that for some time. I'm also still waiting for another non-insurance acquisition. Hopefully there is something in the fryer and they announce it before the AGM. The more booths I get to visit, the better! ;D Cheers!

No, that's what I thought as well. I had one hotel booked in late December, but when I was doing some searching, it looked like some cancellations may have popped up at some hotels. I ended up getting some really nice rooms at the Doubletree for a nice rate. They may still have some rooms left. Check Expedia as well, as their allocation wasn't completely exhausted. Cheers!

Hedge fund leverage the highest since 2004. Retards! Cheers! http://www.bloomberg.com/news/2013-01-14/hedge-fund-leverage-rises-to-most-since-2004-in-new-year.html

HSBC tells clients to avoid SAC. Cheers! http://www.bloomberg.com/news/2013-01-11/hsbc-said-to-advise-wealthy-against-more-sac-investments.html

The reason I don't typically do much online is that I can't stand short form analysis and snide comments (i.e. trolls). I hope this forum has none of that. Hi Kyle, You'll get the occasional snide comment during debate, but no trolls...don't worry about that. As for analysis, just check out the BAC thread in the "Investment Ideas" section. That should give you some idea how in depth boardmembers get into analysis. Also, many board members are fund managers, analysts, executives or investment industry-related, as well as we have some very knowledgeable private investors on here as well. Enjoy the forum! Cheers!

Article on ECRI and Achuthan. http://www.theglobeandmail.com/globe-investor/inside-the-market/worlds-leading-authority-on-business-cycles-gets-recession-call-wrong/article7226133/ Like I said before, his call wasn't wrong...just too early. He'll be right at some point in the future. ;D Cheers!

Hi Kyle, Welcome to the board! You'll get to know a lot of the regulars pretty quick. Cheers!

The music has stopped playing I guess! Cheers! http://finance.yahoo.com/news/sac-bracing-big-exodus-funds-071600406.html;_ylt=AirDCnTm_bbBnaZxIxjcPXyiuYdG;_ylu=X3oDMTRwb2NrNGdqBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnAzllODI0ODhjLWY4MmMtMzZmMi04NjMyLWZlOWM4MDk1M2M5OARwb3MDNQRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyA2NjMWYwMjkzLTViZWMtMTFlMi1iNzk3LTdmODlkZWNkYWI5Zg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3