Parsad

How can you say that Parsad? It's the single most liquid investment idea you have in this group. You sell Aussie Dollars in favor of US Dollars on a platform like Interactive Brokers, and hold the virtual currency position as a trade. It's not different in concept from shorting a specific stock. You are shorting a currency pair, and the AUD.USD currency pair is one of the most liquid with huge daily volumes and absolutely trivial bid / ask spreads. The "Investment Ideas" section is so that others can use it as a library of sorts and find historical information or discussion on a specific stock...thus the ticker symbols at the beginning of each title. Your idea would be difficult to track and find over time in that section, thus it doesn't belong. I don't like wasting my time moving these threads to the "General Discussion" board, so please don't post non-ticker stock ideas in that section. Cheers!

Not a specific stock recommendation...does not belong in the "Investment Ideas" section! Cheers!

Not a specific stock recommendation...does not belong in the "Investment Ideas" section! Cheers!

Can you imagine this every time the team warms up? I think they are going to have to call the Forum "The Madhouse"! Cheers! http://www.youtube.com/watch?v=wvsboPUjrGc

I put this post on here more to encourage board members to donate, and I didn't think for one moment that the folks at Fairfax would...or even should have the time to worry about making a pledge for my Gutsy Walk...but they did. Not only that, Sam Mitchell gave me a call today and said that he didn't want me to think that he wasn't taking my post seriously, but that he was just coming off some surgery. I told him that it was more of a gag post, and that I didn't even expect them to respond, but it was more to get boardmembers here to contribute and make people aware of Crohns. That's the type of folks working at Fairfax! Sam is coming off some serious surgery and is recovering, so I'd like all of the boardmembers here to wish him well! He's always been open and frank with us at our dinners, and given some of the best one-liners. Hope you feel a lot better Sam! Cheers!

Porn! Kraven, I don't think any of us here have any desire to see Ericopoly, Twcowfca, Indirectinvestor or Packer naked! You might want to know how BIG their net worth is, but the rest of us just aren't interested. What you do on your computer in the privacy of your own home is your business. Cheers! ;D I would like to see Packer and Sanj. naked, while singing a duet..... Guess, I'll have to wait until april 2015, patience young grasshopper, patience. I think we'd both have to be REALLY hammered for that to happen. I'll bring a few cases of Russell beer to the dinner next year! ;D Cheers!

I'm there from June 13th to June 16th and staying at the Westin Mission Hills Resort on Dinah Shore Drive. If people are interested in meeting for breakfast or coffee, let me know. Cheers!

Porn! Kraven, I don't think any of us here have any desire to see Ericopoly, Twcowfca, Indirectinvestor or Packer naked! You might want to know how BIG their net worth is, but the rest of us just aren't interested. What you do on your computer in the privacy of your own home is your business. Cheers! ;D

Yes, Cageyone that is correct. So if you are bald, you are more of a pure Ben Graham investor like Sir John Templeton, Peter Cundill, Prem, etc. If you have hair, then you are more Buffett & Munger. If you are bald, but have a little hair around the sides, then you utilize both philosophies! ;D Thanks for the donation...very generous! Cheers!

True and valid point. For example, if someone's house is paid off, and they have $2M in investments, and live on perhaps $40K in expenses a year, how would a net worth of $15M even be relevant or matter. They are financially independent for the rest of their life, and any more dollars than the $2M has no bearing on how their life will play out. That being said, many of our high net worth members have seen their net worth grow exponentially in the last decade by utilizing Ben Graham's theories combined with a hell of a lot of leverage! That could be somewhat inspirational to newer, younger, lower net worth members who want to know if it is possible for them to achieve a similar result. Cheers!

Sanj, I think it's a strategy on their part -don't forget: they're value investors- They'll wait until the last minute to give a chance to (many) smaller donators to make a modest contribution and maximize the gains pledges instead of discouraging them if they topped up the bucket right away. That makes a lot of sense Alek! They do like to maximize resources before showing their card. Cheers!

Every bit helps Eric! Thanks a lot. Cheers!

Thanks Chintan...truly appreciated! Cheers!

There's at least 50 people on here that are in that bald-headed list or higher that I know of, and probably another 50-75 that read but aren't members. They've just chosen not to respond yet for whatever reason...humility, they aren't bald, vacation, surfing, or busy finding the IP address on their Tesla's. ;D Cheers!

Hey, you're a millionaire in training! I wish when I was 24, I knew what you know now at 24. So don't feel as though you are handicapped in anyway. You've got about 5 years head start on me regarding understanding Ben Graham and value investing, and I didn't start my own funds until another 7 years after that. So in those 12 years, you will probably be a millionaire before I even really started! ;D Cheers!

Thanks Brian! Keep it coming folks. Cheers!

Thanks Matt! Much appreciated. C'mon guys at Fairfax! Dig deep. Look, Mark Ram, formerly of Northbridge and a director for the CCC, is kicking my ass at over $19,000. How did he do that? You think he really went door to door...baloney! It's a fix...like the hedgies. I think he went to Steve Cohen and got a donation. You guys know Mark is a gloater! He's going to be rubbing my face in it until next year's Fairfax Shareholder's Dinner. He's got a bit of hair on the sides, and I have none, and he makes fun of me all of the time! C'mon Vinodh...Prem...don't let him get away with this! Mohnish! C'mon you're bald too or nearly there. You know how it feels. Whatever...$20, 40, 100...whatever you want to give. Tim, you're pretty much bald too...c'mon...$100 or something! Why is it that so many value investors are bald? Cheers!

Thought I would move this to the Fairfax thread...that way they can't miss it. C'mon Paul, canvass the office...I know everyone wants to help...make a pledge...otherwise I'm coming after you guys! ;D Brian, Chandran, Sam, Prem! And Vinodh, don't think I'll forget about you. Pat, smack these guys upside the head! Cheers! http://crohnsandcolitiscanada.akaraisin.com/pledge/Participant/Home.aspx?seid=8155&mid=9&pid=1686115

The TENTATIVE date is now: Wednesday, July 16, 2014 at 10:00am 949 East 2nd St., LA From an anonymous, but reliable and informed source! ;D Cheers!

Thanks everyone...that's much better! Keep it going. Cheers!

Thanks Constructive...very generous! Fantastic. Cheers!

Thanks Cubsfan...got the donation! Much appreciated. Cheers!

Hi Oracle, It seems that there is a bug if you are using Explorer. Open the link with Chrome or Firefox, and then select United States...it will then bring up the respective states. Cheers!

Thanks very much to the people who have pledged already! Now for you other cheapskates...c'mon, you can do better! Frickin' board full of millionaires and I can't get a $20 pledge from you guys. What happened...you were wonderful last year?! Let's go: http://crohnsandcolitiscanada.akaraisin.com/pledge/Participant/Home.aspx?seid=8155&mid=9&pid=1686115 Hey, and you guys at Fairfax head office. I know you read this board. C'mon Paul, get a pool together with the Hamblin-Watsa guys? Peter, get some of these guys to pledge. All my other friends...Tim, Francis, Mohnish, Jeff, let's go...even 20 bucks! Cheers!

Once again, I need your help boardmembers. As you know, we do our annual dinner for "Crohn's & Colitis Canada", where have raised over $70,000 in the last 4 years. On June 8th, I'm doing the national "Gutsy Walk" again in Surrey, BC, and am looking to beat what I raised last year. Thank you for your support my friends! Cheers! http://crohnsandcolitiscanada.akaraisin.com/pledge/Participant/Home.aspx?seid=8155&mid=9&pid=1686115