Parsad

We can laugh all we want, but he's still worth 1000 times you and me combined! Who's laughing now? ;D Cheers!

I've noticed that the press is slowly turning on Bank of America...from Countrywide/Big Bank pariah...to feelgood, do right by your customers coverage. The recent comments on that NPR interview with credit counselors and mortgage servicers, to this one about waiving bank fees due to Sandy...Moynihan is following the Buffett credo of taking your lumps and then doing the right thing when facing adversity by changing the culture. Cheers! http://finance.yahoo.com/news/big-banks-waive-fees-hurricane-225235335.html

That's an accolade that has come pretty quick! I saw this thing at the Fashion Island Mall in Newport Beach in September, and it is a stunning looking car. Beautiful lines, inside and out, and enormous passenger and luggage space. Go Tesla! Cheers! http://money.cnn.com/2012/11/01/autos/tesla-model-s-car-of-the-year/index.html?source=cnn_bin

We may be near a bottom in NW Florida land prices... http://www.4-traders.com/THE-ST-JOE-COMPANY-13183/news/The-St-Joe-Company-Reports-Third-Quarter-2012-Results-15451065/ The numbers are better, but it will take some time. Much of the positive results are from increasing sales, expense control and little in restructuring charges this year, but the sales increases will be relatively modest until the economy really starts to recover. I don't know why these guys were shorting this thing in the first place, but I think they'll be proven pretty wrong about JOE long-term. Good for Bruce...he's having a great year after the annus horriblis. Cheers!

Article on comments by Robert Shiller. I think the title is probably taken a bit out of context, but basically Shiller doesn't see the same sort of housing mania we saw a few years ago for at least another couple of generations. He's also not sure the housing recovery is going to hold. Cheers! http://finance.yahoo.com/news/shiller-housing-recovery-could-50-125741773.html;_ylt=Au8ZCpAxKD4w9l8Xw7fc6GCiuYdG;_ylu=X3oDMTQ4dTBzNTNjBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwM0ZGNkZDE2Yi0yZDM3LTMzNjQtYTI2NS1iYzExYzU0MjQ5YTcEcG9zAzUEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgMwNWMyZWFiOC0yNDJiLTExZTItYmNmNy1iZDNkZDk5NjNmMDk-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

CNBC article: http://www.cnbc.com/id/49635038 A Bloomberg interview on how this is probably Berkshire's best quarter in increase in book value since 2010: http://www.bloomberg.com/video/berkshire-book-value-poised-to-jump-most-since-2010-_1Z7D5BhRIK95AnWLOJukA.html Cheers!

We don't own it, and I haven't been to any of their establishments, so don't ask me how I'm on the mailing list for their press releases...but they certainly have an exciting flair to them! Cheers! FOR IMMEDIATE RELEASE RICK’S CABARET STRIPPERS STILL TAKING IT OFF DESPITE IMPACT OF SUPER STORM SANDY NEW YORK CITY – (November 1, 2012) – The strippers at Rick’s Cabaret/New York City returned to work on Halloween, demonstrating that even Super Storm Sandy couldn’t keep them from taking off their clothes for long. The leading Manhattan gentlemen’s club, a part of publicly traded Rick’s Cabaret International, Inc. (NASDAQ:RICK), reopened on Wednesday with a spooky but festive Halloween party. “Everyone was in a great mood, with a sort of survivor’s atmosphere in the air,” said Ken Sistrunk, general manager of the West 33rd Street club. “There’s nothing like a beautiful and nearly naked woman to cheer you up after a harrowing event like Sandy, and the club was packed. Businessmen returned to the neighborhood on Wednesday and we look forward to greeting basketball fans on Friday night when Madison Square Garden reopens up the street,” he added. Mr. Sistrunk said cover charges at the door would be waived all this week and happy hours would be extended from noon until 10 p.m. with discounted drinks at the upscale three-story club across from the Empire State Building. Rick’s Cabaret/NYC has been called the “best strip club in New York City” by Playboy.com. It features a roof-top smoking deck and its Zagat-rated steak house is open until 4 a.m. daily. About Rick’s Cabaret: Rick’s Cabaret International, Inc. (NASDAQ: RICK) is home to adult entertainment venues serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. It operates 35 nightclubs in New York City, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth, Houston, Minneapolis, Indianapolis and other cities as "Rick's Cabaret," "XTC," “Club Onyx” and “Tootsie’s Cabaret” and other brand names. Rick’s Cabaret also owns a media division that operates ED Publications and a network of online sites. Rick’s Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact ir@ricks.com, or visit www.ricksinvestor.com. Facebook, https://www.facebook.com/rickscabaretnyc and Twitter @RicksCabaretNYC. Media Contact: Allan Priaulx, 212-338-0050, allan@ricks.com.

Are you cashing out of the market, or buying a new place? Will buy again at some point. Just silly right now still. I'm renting a huge house for about half of what it would cost to own. Rates will not stay low forever, and hot money eventually cools. Why take on the pain of P/T's, maintenance, garbage/water fees on top of a fully-valued mortgage. I remember clearly how my father ended up losing 5 properties in the 80's that he spent the 70's accumulating. It was a very painful decade for him...and our family. People don't think it can happen again, but they always do! Cheers!

Considering millions of people live in those areas... it's not really hype IMO I agree. The issue isn't the wind, but the amount of water. It's not a powerful hurricane, but it is very large and slow moving. Combined with the low pressure system coming at it from the Northwest, it's going to make an awful mess. Keep safe everyone! Cheers!

How are you guys doing? Hope everyone is prepared and out of harms way. Cheers!

Elon Musk is going to change the way we do alot of things. Cheers! http://news.yahoo.com/dragon-ship-back-earth-space-station-trip-193154963.html

Hi Lance, I received payment for two dinners. Thanks! Cheers!

Huge problems in China right now. But they are rich enough to hide them by keeping things afloat. It will show up over time. Cheers!

Article on MAE's move into Canadian power generation. Cheers! http://www.bloomberg.com/news/2012-10-26/buffett-s-midamerican-to-develop-canadian-power-projects.html?cmpid=yhoo

Article on Berkshire's recent $7.3B order from Bombardier. Cheers! http://www.bloomberg.com/news/2012-10-26/bombardier-in-fleet-sale-talks-after-buffett-s-netjets-order-1-.html?cmpid=yhoo

Article on Fairfax. Cheers! http://www.reuters.com/article/2012/10/26/fairfax-watsa-idUSL1E8LQ31K20121026?feedType=RSS&feedName=marketsNews&rpc=43

Are you guys preparing for the Frankenstorm? Probably a good idea...better safe than sorry. Cheers! http://www.cnn.com/2012/10/26/us/tropical-weather-sandy/index.html

By the way, the top bid is now at $3,750. http://www.ebay.com/itm/121001990415?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649 Lunch With Mohnish is now at $8,800. http://www.ebay.com/itm/Power-Lunch-with-Mohnish-Pabrai-/121002008088?pt=LH_DefaultDomain_0&hash=item1c2c481e18 Cheers!

Photo of Charlie with the bust...which is the real Charlie? ;D Cheers!

Hi Everyone, Just a reminder, as tickets are going fast: On Thursday, November 22nd, the Crohn's & Colitis Foundation of BC is holding their first annual ICE (Incredible Culinary Experience) Gala at the Marriott Pinnacle (1128 W. Hastings). They hold them in Toronto and Montreal all the time. We raise money for the CCFC from the Fairfax Financial Shareholder's Dinner I organize each year in Toronto, and they asked us to help them with their BC Gala. Tickets are $200 and the proceeds go to the CCFC. Canadian band 54-40 is playing and they will have a number of silent auction and raffle prizes. Dinner is also going to be pretty amazing as well! It's a great networking event too, as we've sold a ton of corporate tables. There aren't a lot of tickets left, so let me know if you want to go ASAP. Also if you can't attend, but your company or you know of someone, who may be interested in donating a silent auction prize…please have them contact me at cornermarketcapital@gmail.com. Thanks and hope to see some of you there! Cheers!

They are out. Cheers! http://finance.yahoo.com/news/fairfax-financial-holdings-limited-third-210200062.html

This year's auction for "Lunch With Mohnish Pabrai" has begun! All proceeds go to Dakshana. Cheers! http://www.ebay.com/itm/Power-Lunch-with-Mohnish-Pabrai-/121002008088?pt=LH_DefaultDomain_0&hash=item1c2c481e18

The auction for the Charlie Munger bust Mohnish had commissioned is on! Rumor has it that one of these busts sits in Charlie's office, along with one at Berkshire HQ and another in Mohnish's home office. Anyone can bid and own it! Cheers! http://www.ebay.com/itm/Charlie-Munger-Bronze-Bust-/121001990415?pt=LH_DefaultDomain_0&hash=item1c2c47d90f

Article on farmland prices through the mid-west. Cheers! http://www.cnbc.com/id/49518471

John Paulson donates $100M to Central Park Conservancy. Cheers! http://www.bloomberg.com/news/2012-10-23/billionaire-paulson-donates-100-million-for-nyc-s-central-park.html