Parsad

Absolutely wonderful speech by Michael Lewis at Princeton! One of the best grad speeches I've ever heard...short, but perfect. Thanks to David for sending it to me. Cheers! http://www.princeton.edu/main/news/archive/S33/87/54K53/

No insurance, but those risks come with the job. That's why the premium service fees are so high...customs and tax! I also specialize in Vegetable Derived Condiments' Pairings with said "Burgers". Unfortunately, under the McDonalds-Franks Act, we are no longer allowed to advise on Vegetable Derived Condiments. You know, we fall under the "Too Big to Flail" category, and there is tremendous risk that after too many of such condiments, we won't be able to fit on tread mills anymore...high carbs and all that! Cheers!

Thanks guys! Much appreciated. I've spent about half my birthdays in the U.S., as I have family in Seattle and I would go down there alot and we'd all watch the fireworks in Elliott Bay. Unfortunately this year, I'll be watching the fireworks on the tv tonight, as I'm going to Vegas for my brother's stag next week, and I was in Seattle on Monday helping some family out but had to be back at the office Tuesday. Cheers!

I don't gamble, so I won't be playing, but my friend does and he's pretty good at poker. About ten of us for my brother's stag, so hopefully some of them get lucky...at poker that is! ;D Cheers!

If I review a burger and post the review can I join the board for free. And, do I have to post a new review every year to maintain my membership. Al, do you really think everyone has the talent for this? If everyone could do this, would it not have been done already? It takes a visionary to do this. I just thought for a moment that Sanjeev has mixed up July 4th with April fools day,... LOL No just my birthday tomorrow and I was wondering what my eventual legacy will be? Corner Market Capital...no! This board and all the friends I made here...hell no! It's a premium, subscription-based, monthly burger review service. That's what the world needs! Cheers and Happy 4th to all my U.S. boardmembers!

I'm sure there will be lots of questions. Cheers! http://finance.yahoo.com/news/rim-hold-annual-general-meeting-220000914.html

2 beers and 20 burgers, or 2 burgers and 20 beers? Cheers!

I'll drop your subscription fee by 5% then, as I will save both on Fedex shipping costs and pant sizes! ;D Cheers!

Some suggestions by Mark Cuban on personal finance: Tip: Unless you know an industry or company better than everyone, keep your money anywhere but the stock market. Pay off debt. Search online for the best price on items your household needs. Pay local merchants in cash, while still paying sales tax. You’ll never lose money or sleep. You’ll never care what the market is doing. You’ll control your financial destiny. I agree with pay off debt and search for the cheapest prices, but can't believe he said the stock market thing and have no idea about the paying local merchants in cash while still paying sales tax. Cheers! http://www.bloomberg.com/news/2012-07-01/billionaire-catsimatidis-says-buy-jpmorgan-as-cuban-shuns-stocks.html

That's why I'm not married! I can't eat the same thing every day. ;D Cheers!

I checked my calendar to see whether this is April 1st or not. But burger joint recommendation probably will be worth it. In fact, information about when you will be going out for lunch will be highly valuable, based on my little experience. ;D I expect to receive delivery and chow down on the burgers on days where Fairfax stock has been stagnant...pretty much the last year! ;D I believe Prem also needs my help, and my extraordinary abilities to move stock market prices by my eating habits is a gift from God...or maybe Anthony Bourdain...not sure! On that note, I remember when you guys first started posting that whole lunch thing and FFH price on the old MSN Board. Even JoAnn Butler, Prem's assistant, used to email me on days where the stock moved up dramatically and ask me "Are you eating lunch?". Cheers!

Einhorn is in the final 8 at the World Series of Poker $1M Buy-in. The winner gets $18M. Cheers! http://www.bloomberg.com/news/2012-07-03/einhorn-is-among-eight-still-playing-for-poker-s-biggest-payout.html

With all this discussion of premium services or paid subscriptions, I have decided to add my own such service! Beginning July 4th, I will start a premium service for $10 a month where I will list one monthly burger restaurant recommendation...no not as an investment, but which one produces the best tasting burger! Each month, I will cover another restaurant in a different state or province. I will not be travelling to the locations on most occasions, but just getting them to Fedex me a burger wrapped in aluminum foil. I expect this to be the best paid subscription burger recommendation service on the internet. After the first six months, the fee will increase to $128.88 per month...I like the Feng-Shui around that number and expect alot of my future subscribers will be from booming Mainland China, who will pay up for the stupidest things right now just to get their money out of China! For my compatriots in India who do not eat beef, and for my vegan friends who do not eat meat (Dave that would be you, as I only have one vegan friend), the subscription fee will be $12.50 monthly if you are going to make me eat chicken and tofu burgers simply to serve your needs. After a year, I will start the super-deluxe monthly paid subcription which includes a stock pick and burger recommendation. A la the Motley Fool premium service, I will charge you a fortune and give you nothing but anecdotes and a screen of five ideas based on statistical ratios that you could have done yourself on Yahoo Finance. The burger recommendation comes free with this service as I would have jacked up the monthly fee to $499.99. So, I look forward to all of you long-time members signing up right away...Uccmal, Ericopoly, Cardboard et al...this price is only good for six months and then after that everything is fair game! Cheers! PS. If you haven't realized it already, because the markets closed early today I have little to do, and thought I would blow a little time on how I feel about "paid subscriptions" in this expansive, albeit lazy, attempt at sarcasm!

I'm not sure there are any fund companies that don't push their own funds over others, since it is the incestuous ways of the financial industry, so this probably is another article on JPM that is making a mountain out of a mole hill. Nonetheless, the bad press for JPM continues. Cheers! http://www.cnbc.com/id/48058039

Here are the various "living wills" of the various large global financial institutions. Good reading! Cheers! http://www.federalreserve.gov/bankinforeg/resolution-plans.htm

Good article focusing on Brin, but really in general on innovation: http://business.time.com/2012/07/03/how-googles-chief-innovator-sergey-brin-is-making-science-fiction-real/?hpt=hp_t2 Also, very good interview with Marc Andreessen on Charlie Rose: http://www.charlierose.com/view/interview/12430 Cheers!

Folks, Let's not get carried away one way or the other. I don't think what he did was the brightest thing, but at the same time I think as the title originally said, it was done "unwittingly". Jacob's site has gone from like two to three thousand unique users to something like 50 thousand plus in a little over a year. With that comes the guys who want you to "analyse" a stock for them through "paid coverage". A young guy, whose business is suddenly booming, and someone comes to you and says hey if you write a report on our stock, we'll pay you x dollars for your work, it's hard to say no. I think he felt that the disclosure that it was "paid coverage" would indicate to any readers that it is buyer beware, but in my opinion, with that readership comes the responsibility of not putting your readers in that circumstance to begin with. I would not have done it, but I'm alot older than he is and I only have to feed myself. With the vociferous outcry on here, I think he probably got the message, but I think everyone can tone it down again. Now it's up to him to decide how he deals with the attention he is sure to continue to get from these types of promoters as his site grows and grows over time. Personally, I chalk it up to a learning experience and best of luck to him with his site. Has anyone thought about the fact that he could flip this completely around and do an expose on these guys instead? Maybe Jacob's site would do better and better if it investigated these types of shenanigans. I'm fed up of watching these types of guys feed on unwitting investors in Vancouver, let alone everywhere else. So give the kid a break...I think he heard you all loud and clear! ;D Cheers!

...cyber-terrorism exclusions? Watched a very good 60 Minutes yesterday on Stuxnet: http://www.cbsnews.com/8301-18560_162-57460009/stuxnet-computer-worm-opens-new-era-of-warfare/?tag=contentMain;cbsCarousel Actually was a terrific episode of 60 Minutes, with the other two stories covering Qatar and Chinese Truffles. Well worth watching! Cheers!

Jacob seems young, and his site has been getting gangbuster viewership, so with that comes offers from those seeking attention and I think he may have been suckered. I would suggest he tells whoever paid him for the coverage to go f**k himself next time. Also, do more research and find out who you are dealing with. A quick review of some of the people involved, their previous company registrations, and just reading the financials would have indicated that the story is probably too good to be true. 1st Q 2012 Report: http://www.sec.gov/Archives/edgar/data/1470915/000107878212001595/f10q033112_10q.htm Really not much in assets and a few hundred thousand in revenue. Market cap is at $15M right now at four cents and was in the hundreds of millions recently...looks like a typical promotion. Article from 2008 on the Barch family and Clotamin: http://ww2.gazette.net/stories/070208/bethnew213017_32358.shtml David Baines, who is an award-winning investigative business journalist in Vancouver, has been covering Sunpeaks, including the Barch family, and it isn't good. http://www.vancouversun.com/business/Sunpeaks+Ventures+went+public+with+cheap+shares+offshore+accounts/6459821/story.html http://www.vancouversun.com/health/Baines+America+hottest+penny+stock+links+controversial+Osoyoos+family/6444357/story.html Cheers!

Bloomberg investigative piece on Xi Jinping and the secretive wealth of his family members. I'm sure many in the politburo have equally wealthy family members, yet somehow none of that wealth has trickled into their hands...hmmm! Cheers! http://www.bloomberg.com/news/2012-06-29/xi-jinping-millionaire-relations-reveal-fortunes-of-elite.html

I guess they are finally catching on! ;D Cheers! http://www.forbes.com/sites/genemarcial/2012/06/29/bank-of-america-attracts-smart-money-crowd-as-it-streamlines-operations-to-refocus-on-core-goals/?partner=yahoofeed

Article on Ackman and railroads. Cheers! http://www.bloomberg.com/news/2012-06-29/ackman-like-buffett-buoyed-by-fracking-in-bakken-freight.html?cmpid=yhoo

I don't think Burry should be overly praised either. It's how they all do over time, not on any single idea. Cheers!

The good, the bad and everything else in between. Very good article! Cheers! http://www.bloomberg.com/news/2012-06-28/paulson-forgoes-prognostication-as-greatest-trade-sequel-flops.html

Mdhousa, I totally agree with you. But if you take a look at the pages and pages of threads, the thread titles are almost all universally non-political. Often, an investment-related discussion disintegrates into political ideology, and that's where I could use some help from the boardmembers, as I don't have enough time to read every single post. If anyone sees a post that is way off topic and completely political, alert me through the "Report to Moderator" on the bottom right side of every post. That way I can view the post and delete it. The more I delete those types of posts, the more likely a boardmember will get the message that the post was political and not completely appropriate. At the same time, I do give some leeway to political posts if they have a direct influence or ramification for the investment industry or your finances, so they won't go away completely. Cheers!