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Everything posted by Parsad
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Fairfax Financial in talks to buy Cara stake
Parsad replied to obtuse_investor's topic in Fairfax Financial
So much for Bill's retirement! I guess he'll be back on our stage next year with the panel. ;D Cheers! -
LOL! True. I think they will start popping out of the woodwork over time as well. Cheers!
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One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
What a dominating fight! I can't believe one of the judges had it as a draw. Boxing, the one place more corrupt than Wall Street! Cheers! Same guy who gave Bradley a win over Pacquiao. What a joke. Yup, same one. Lady judge sanctioned by the Nevada Boxing Commission as their representative judge for the fight. Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
What a dominating fight! I can't believe one of the judges had it as a draw. Boxing, the one place more corrupt than Wall Street! Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
You want us to figure it out. Why else would you have posted this?! Yes, I do want you to figure it out...but I can't make it a "gimme". The only clue is that some of you are on the right track and some of you aren't. Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
parsad, is it an idea where you are long or short? Short, it could be tesla. Long I have no idea, some hints? Market cap? Sector? Long. You guys are too smart. I start giving details and somebody on here will figure it out...guaranteed! Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
I'm planning some consulting gigs, presentations and then I will write a book about the idea..."You're Welcome Planet Mars"...how one man's investment idea will save the entire solar system! But the numbers I'll present regarding the investment will run from the lowest price I bought at to some arbitrary point in time where the stock has done very well, and then I'll use some formula to extrapolate how my returns dwarf Warren Buffett's returns. Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
Actually, I'm not buying anything and it was just a way to get you guys to throw out ideas! Look at all those guesses! ::) No, just kidding. I am buying a lot of something. A real disconnect between economics and valuation...not speculative...not a 9-foot hurdle. Always amazing how these opportunities present themselves when you apply some patience...and in an era of overblown, overvalued assets out there. Cheers! -
This guy takes it pretty hard to BH's CEO. Cheers! http://seekingalpha.com/article/1684632-sardar-biglari-devilishly-sidesteps-his-hotly-debated-compensation-scheme?source=yahoo
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Brief mention of Fairfax on Business News Network of Canada
Parsad replied to DCP's topic in Fairfax Financial
Nice job Darren! How did you pick the name Cheviot? Cheers! -
FNMA and FMCC preferreds. In search of the elusive 10 bagger.
Parsad replied to twacowfca's topic in General Discussion
It's not so much the government shutting them down, but saying that these entities as they are, are broken. We will move the assets and liabilities into a new entity, recap it with some taxpayer money, and it will take over...unfortunately, we will make the debt-holders whole, but not the common or preferred. What are the odds of that happening...you have to weigh that in your analysis and scenario for returns? And then how long do the lawsuits take before you are given restitution...if you win...2 years, 5 years, 10 years? Time value of money comes into play. I think this one is in the too hard pile, along with all my 9-foot hurdles...sometimes there are easier ways to make money over time. Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
Can't comment. It will come out in due time...hopefully I'm right! ;D Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
LOL! That's what nkp007 was referring to. Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
That would be awesome! North-American and listed. Maybe! ;D Already almost 10%, but if it gets cheaper we may max out near the 25% self-imposed limit. Cheers! -
One of the Greatest Investment Opportunities...
Parsad replied to Parsad's topic in General Discussion
Yes, I'm quite well-known as a stock-tease! LOL! Cheers! -
I've Seen in the Last Three Years! Sorry, can't tell you, but I've got a crap load of cash I can put to work in this one. :o Cheers!
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They were stupid! They should have put the rights plan in place a long time ago when he owned far less. I think Gad's got a pretty good chance of getting his slate on there with 31%+ ownership. Cheers!
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Bono sings at Buffett's grand-daughters wedding reception. Cheers! http://finance.yahoo.com/news/u2-frontman-bono-sings-buffett-140637423.html
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Short, but interesting article on Bezos. Cheers! http://postcards.blogs.fortune.cnn.com/2013/08/06/jeff-bezos-warren-buffett/?source=yahoo_quote
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+1 While I don't know how hackers got hold of Sanjeev's password, I would also recommend using a password management application like, for example, 1Password. They help you remember all those unique passwords: http://alternativeto.net/software/1password/ This image is also relevant: https://xkcd.com/936/ Thanks Guys! Not sure if it was a hack or an email spoof emulating an email with my address, since there was no indication of any activity in the account...deleted emails...etc. Regardless, passwords have been changed and I probably will use the 2-step verification. Cheers! So how do we know this is really you? :) Good question! I'm eating a burger and market prices are rising...especially SHLD. Who else could make that happen?! Cheers!
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I've also made it difficult for Norm, since we kind of don't want to do any interviews. Cheers!
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+1 While I don't know how hackers got hold of Sanjeev's password, I would also recommend using a password management application like, for example, 1Password. They help you remember all those unique passwords: http://alternativeto.net/software/1password/ This image is also relevant: https://xkcd.com/936/ Thanks Guys! Not sure if it was a hack or an email spoof emulating an email with my address, since there was no indication of any activity in the account...deleted emails...etc. Regardless, passwords have been changed and I probably will use the 2-step verification. Cheers!
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Hi Folks, Please note that my email account ([email protected]) was hacked, and at least one fraudulent email was sent requesting financial information. I'm in the process of informing Google. If you find you have received an unusual email from me, please feel free to contact me to confirm at 604-612-3965 or [email protected]. Thanks very much! Sanjeev
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I've been saying it's expensive for almost six years now, but that doesn't seem to mean anything. There is still plenty of money flowing around, rates are relatively low and supply/demand pretty even. I even sold my place in North Burnaby, which in turn I used to buy a much larger, nicer place in South Surrey. I don't think you will see a correction until rates start to rise dramatically, and it doesn't seem like that is happening yet. You are getting small rises in rates, but that is only spurring on the market, as buyers reduce supply and get in at historically low mortgage rates. While China money is slowing slightly, same with European money and U.S. money, you still have plenty of money coming in from the Praries. The resource sector has been hit hard, so that might start to affect prices a bit, but still no real slowdown. Cheers!
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Agreed. The real value of this board comes from understanding the dozen or so individuals that have real insights and well-considered recommendations. These happen at opportune times on threads that are often already created. One example (of many) is Twacowcfa who doesn't show up on the list, yet has offered some very high quality recommendations including MMPIQ, WSBASE market short, GSE preferred, or the epic call to lever BRK when it was trading at the buyback price. Yes, totally agree. How is Twacowcfa not on the list? You have some of the most successful investors and prolific analysts excluded from the scraper. I think like any tool or ratio, it gives a static impression on very strict parameters. Boardmembers should view it in that light, and I'm sure Chris will continue to refine the scraper over time. Cheers!
