Parsad

...And Correctly Predicted No One Would Listen http://finance.yahoo.com/news/30-years-ago-warren-buffett-160500867.html Well, I think many on here listened, correct? Cheers!

+1! Could not have said it any more eloquently. Cheers!

Lol... I dont think my Wife or kids would agree. The thing is they are never really gone, just managed. I think the same goes for depression, bipolar, and schizophrenia etc. So far, there is no cure all. There is so much about the brain/ and body we dont know. FWIW, you never struck me as someone who might have had an issue with depression. A. You're absolutely correct! Cheers!

Amazing Al! I've known you for about 10 years, and I've always thought you were the calmest person I've ever met. You're voice barely oscillates when you are speaking. Glad you were able to deal with the panic attacks! Cheers!

I thought this was funny...are we pretty close to this happening soon? https://www.youtube.com/watch?v=F86AEuh9mlE Cheers!

Hi Vishnu, Glad it worked for you and you were able to move forward! All the best, Sanjeev

Maybe that's what gets me through the day after dealing with you assholes! ;D Cheers!

It was probably one of you jackasses who complained! No, let's not sue the Fibrek board, but go after the bidder. Sheesh! Cheers!

For those that think suicide is difficult to understand, I would give a simple analogy that may be easier to grasp: Remember the people jumping out of despair from the Twin Towers because fire and smoke raged around them, with absolutely no sense that anyone would have any chance of helping them get out of there? Now imagine the same sort of despair in your own mind, FOR WHATEVER REASON, and you'll have some idea what compels people to suicide. Their pain or mental anguish, is as real as the physical manifestation of pain from fire, smoke, etc. Just a sense of helplessness, at which point logic, a good night's sleep, therapy, love, fear and pretty much anything else will not ease the suffering. When I was a young teenager, I thought of suicide because I was bullied in my early years of high school. Thank goodness I never went through with it, and today I can't imagine that young fella actually having felt such despair where these thoughts had gone through my mind at that age. But it did! It was real! And all the love from my parents, family, friends, the thought of leaving my little brother, a future life never lived...almost didn't matter. Only taking one step forward, another day of dealing with the torment, allowed me to eventually get through it...and that's the only solace I can pass on to anyone who ever thought the same thing. Can you imagine if I had killed myself then...because some punk ass bitches liked throwing me in a locker or harassing me on the way home? A few years later my Dad died, so my 9 year-old brother would have been raised solely by our mother. I would never have met Buffett or Prem. This board would not exist. Alnesh would be working at some large accounting firm because he would not have gone out on his own or started Corner Market Capital with me. All of the birthdays, Christmases, dinners, lunches, friends...old and new...none of it would have happened. It really is a wonderful life! But some people just forget, because they are in just so much pain and can't see through it at the moment. So, be soft in your judgments of those people! Cheers!

It was booked solid. Couldn't get two rooms there, so we are at the Fairmont Newport Beach...10-15 minutes from you. What day are you getting there? Cheers!

He was amazing, especially when he was younger. He could make the best improv personalities look stale with the sheer speed his mind worked at. Not only was he quick with his wit, the stuff was wickedly funny. Even as he got older, and the jokes springing modestly slower from his lips, his mind worked faster than pretty much any other comedian. The only one that comes close, but who's humour is far more juvenile, is perhaps Jim Carrey, who equally suffers from the voices at the back of his cranium.

Two of the most impactful comedians I grew up watching for most of my life were Robin Williams and Eddie Murphy...the third would be Bill Cosby. Very sad to see such a great comedian and actor succumb to depression!

Apparently committed suicide. A great, manic, comic genius!

Unfortunately not open to the public, and with the combination of the Dhandho meeting, every seat becomes valuable for Pabrai Funds partners and Dhandho shareholders. Cheers!

For those attending the Pabrai Fund's California meeting in September, which hotel are you staying at? Just trying to get an idea where most people are congregating. I'm not a fan of the Marriott Sport hotel near Soka, as it becomes distant from alot of things. Cheers!

Yes, generally most credit cards will charge interest on the new purchases as well...essentially, you are still using their line of credit...whereas if you had paid the entire balance, then you have the 26-day (or whatever) grace period where interest is not charged. Always pay the entire balance if you can...I like banks, but I've always thought their credit card business was pretty scummy in general! I never pay a cent of interest to them and I plan on never paying another cent of interest for the rest of my life! Cheers!

American's giving up their guns will never happen...they're just nuts...we have to accept it and move on! I like Chris Rock's idea...make the bullets cost $5,000 each...then people make sure they shoot the right guy instead of bystanders or innocent people! And by the way Eric, I'm sure this topic won't degenerate into flame wars! :D Cheers!

Another pet peeve is not a quote, but a word that is now used frequently..."alpha!" The next investment manager that asks me about "alpha" is going to get a kick straight in the nuts! Cheers!

"Buy what you know". Peter Lynch got everyone believing that if you see a store that is busy at the mall, that means it's proabably a good stock. Everyone, including myself, started buy shit like "Rainforest Cafe", etc. Then I actually learned about reading financials and went "oh, now that actually makes sense"! Needless to say, Lynch's book is not on my shelf! Cheers!

Also, don't forget as mentioned in the Big Short, Greenblatt's desire to withdraw his capital when Burry was making his CDS bet, almost had catastrophic consequences for Burry. Make sure your seed partner is one who is going to be there with you in the long haul! Cheers!

Whats with the stache? Looks pretty good, doesn't it?! Grown in quite well! Much better than the more pencil-thin mustache Mohnish had when he came to Vancouver for TED a few months ago. Cheers!

I look for cheap investments...simple. And while that is what I have done and continue to do, anyone who suggests that valuations make sense or assets on a broad scale aren't fully-priced is deluding themselves. As Sam Mitchell said to us once..."...at some point macro matters!" While investors on a regular basis should ignore macroeconomics, at certain times, ignoring them occurs at one's own peril. How anyone can tell me that there aren't gigantic market distortions around us, primarily due to weak monetary policy and a complete lack of fiscal restraint, and controllable debt bubbles with little in the way of economic growth to support them, is mind-boggling. I think investors are in a period where they should simply try to do the best they can. Some have and may continue to prosper because they took leaps of faith in 2013 and 2014. Some have remained cautious since 2009 and simply never felt they could take the plunge...to their detriment. And then there are those that did the best they could with the clouds around them and continue to simply dig for ideas as the clouds remain dark! Cheers!

Article on Hussman and his comments. Cheers! http://blogs.wsj.com/moneybeat/2014/07/28/john-hussman-yes-this-is-a-bubble-and-it-may-be-worse-than-1929/?mod=yahoo_hs

Not a big deal. It's all good! Cheers!

Yeah, I don't know who closed it, since I thought only administrators could do it. But I think the person who starts the thread can do it too, so maybe Oddballstocks did it accidentally. Anyway, I've unlocked it and people can post. Cheers!