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Parsad

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Everything posted by Parsad

  1. CNN visits Buffett's office. Cheers! http://money.cnn.com/video/news/2012/12/26/n-warren-buffett-office-tour.cnnmoney
  2. Ok, time to lock this one up! Cheers!
  3. Daphne doesn't post that much, but she's been a board member almost since we started the old MSN BRK Board. She knows everything about Fairfax as well. Perhaps, Daphne and some of our other female boardmembers could enlighten the men on here...myself included! Cheers!
  4. Hey, we're all here! Rk, put the bang-bangs away. Even the site didn't go down. ;D Cheers!
  5. Freeport State Bank repaid it's $301,000 loan with $61,910 in dividends. TARP, one of the most successful government programs in history! Cheers! http://blogs.wsj.com/economics/2012/12/20/tarps-smallest-recipient-repays-treasury-reaps-62000/?mod=yahoo_hs
  6. Still manageable, but it would mean more in reserves. Cheers! http://www.bloomberg.com/news/2012-12-20/banks-loan-loss-reserves-seen-jumping-50-under-fasb-proposal.html?cmpid=yhoo
  7. Hey, 2 out of 3 ain't bad. Nice to see Jefferies and Bank of America getting some big business. Cheers! http://www.bloomberg.com/news/2012-12-20/nyc-picks-underwriters-including-bank-of-america-and-jefferies.html?cmpid=yhoo
  8. Thank God! Those "Ri-DQ-ulous" commercials were getting ridiculous. Cheers! http://www.bizjournals.com/twincities/news/2012/12/20/dairy-queen-picks-new-advertising-agency.html?ana=yfcpc
  9. I'm constantly flabbergasted by some of the talking heads...mainly Rosenberg, El Erian and Faber. They seem to flip flop as much as Mr. Market! Here's Rosenberg's most recent comments...he thinks 2013 is the year to put cash to work, as cash is now bad. The huge run-up in the stock market for the last 3 years wasn't good enough, I guess! Cheers! http://www.theglobeandmail.com/globe-investor/investment-ideas/market-outlook/rosenberg-sees-2013-as-the-year-to-put-cash-to-work/article6547075/
  10. Just checking to see how many nutjobs we have on here, or do many people just get prepared for any sort of normal calamity and not just the end of the world! Personally, I've always got enough food, water, blankets, propane, etc in my house to last me for about a month...always prepared for a short-term crisis. By the way, for our resident nutjobs, Australia, Fiji, New Zealand et al are still there, and they are a day ahead. ;D Cheers!
  11. Yes, the Elon Musk one is very good. In fact, it's probably one of the best shows any of these business channels produce. The Steve Jobs one and Google one were terrific as well. Cheers!
  12. For those that have not seen this, here is Bloomberg's Game Changers on Buffett. Thanks to Shai for sending me the link! Cheers! http://www.bloomberg.com/video/92027217-warren-buffett-revealed-bloomberg-game-changers.html
  13. 2nd quarter restatement filed. Cheers! http://ir.stockpr.com/chanticleerholdings/company-news/detail/413
  14. No, but he owns a big chunk along with David Rocker. Cheers!
  15. Alot of them are falling...some of the big ones still yet to fall, but getting closer. Cheers!
  16. You missed Festivus, for the rest of us! So Happy Festivus! Boiler, please list your grievances before we wrestle! ;D Cheers!
  17. Because this is generalized and not one specific book, I'm moving it (again) to the General Discussion board. Cheers!
  18. The simplest answer is often the right one...sell half now, and sell the other half in the New Year to move some of the gains till next year. Cheers!
  19. Well, I got it to snow in Vancouver this morning. ;D Working from home today, and that egg-white omlette I had did the trick. I wonder what would have happened if I had thrown bacon into it too! Cheers!
  20. Article on banks...unfortunately written by Peter Eavis. Cheers! http://dealbook.nytimes.com/2012/12/17/banks-seek-a-shield-in-mortgage-rules/?partner=yahoofinance
  21. No, I don't think it is bearish for stocks at all. I think people are pouring money into t-bills instead...contrary indicator. Although, you could be correct about the bonuses, but that's a hell of alot of bonuses! Cheers!
  22. 1st quarter 10-Q filed and they expect 2nd Q and 3rd Q to be filed before month end. No word from Nasdaq when trading can resume, but I would think it won't take that long after 3rd Q is filed. Cheers! http://finance.yahoo.com/news/chanticleer-holdings-announces-revised-first-192320586.html
  23. We buy some short-term U.S. t-bills with excess cash, and I just took a look...they are running negative yields from January through to the end of May...this did not occur for so many months even during 2008/2009. I guess a lot of people piled into them worried about the Fiscal Cliff, and thus you have the markets going up like crazy...investors always do the wrong thing. Probably exagerrated when combined with the Fed's purchases pushing yields down. Cheers!
  24. I thought I would get it out early, as many of you will probably head out for vacation soon. Merry Christmas, Happy Hanukkah, Blessed Kwanzaa and Joyeux Ramadan...there, I've gotten them all in. For those that will be away for a while, have a Happy New Year and we'll see you in 2013! Cheers and thanks for all of your contributions! Sanjeev
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