Parsad

For those that have not seen this, here is Bloomberg's Game Changers on Buffett. Thanks to Shai for sending me the link! Cheers! http://www.bloomberg.com/video/92027217-warren-buffett-revealed-bloomberg-game-changers.html

2nd quarter restatement filed. Cheers! http://ir.stockpr.com/chanticleerholdings/company-news/detail/413

No, but he owns a big chunk along with David Rocker. Cheers!

Alot of them are falling...some of the big ones still yet to fall, but getting closer. Cheers!

You missed Festivus, for the rest of us! So Happy Festivus! Boiler, please list your grievances before we wrestle! ;D Cheers!

Because this is generalized and not one specific book, I'm moving it (again) to the General Discussion board. Cheers!

The simplest answer is often the right one...sell half now, and sell the other half in the New Year to move some of the gains till next year. Cheers!

Well, I got it to snow in Vancouver this morning. ;D Working from home today, and that egg-white omlette I had did the trick. I wonder what would have happened if I had thrown bacon into it too! Cheers!

Article on banks...unfortunately written by Peter Eavis. Cheers! http://dealbook.nytimes.com/2012/12/17/banks-seek-a-shield-in-mortgage-rules/?partner=yahoofinance

No, I don't think it is bearish for stocks at all. I think people are pouring money into t-bills instead...contrary indicator. Although, you could be correct about the bonuses, but that's a hell of alot of bonuses! Cheers!

1st quarter 10-Q filed and they expect 2nd Q and 3rd Q to be filed before month end. No word from Nasdaq when trading can resume, but I would think it won't take that long after 3rd Q is filed. Cheers! http://finance.yahoo.com/news/chanticleer-holdings-announces-revised-first-192320586.html

Only Sunday mornings. ;D Cheers!

We buy some short-term U.S. t-bills with excess cash, and I just took a look...they are running negative yields from January through to the end of May...this did not occur for so many months even during 2008/2009. I guess a lot of people piled into them worried about the Fiscal Cliff, and thus you have the markets going up like crazy...investors always do the wrong thing. Probably exagerrated when combined with the Fed's purchases pushing yields down. Cheers!

I thought I would get it out early, as many of you will probably head out for vacation soon. Merry Christmas, Happy Hanukkah, Blessed Kwanzaa and Joyeux Ramadan...there, I've gotten them all in. For those that will be away for a while, have a Happy New Year and we'll see you in 2013! Cheers and thanks for all of your contributions! Sanjeev

Is that how much your portfolio moved today? ;D Cheers!

Well, actually all the credit belongs to my ability to move stock prices by eating lunch out of the office. I'll get you guys over $11 pretty soon...can't promise $12 before Christmas, but will do my best. I plan on making it snow in Vancouver for a White Christmas using the same method over the next week as well. Cheers!

Sounds worse than the Tenderloin! It's a shame. I kind of know how the Tenderloin got started out (*part* of it actually happened due to a public policy decision - we were bringing homeless and mentally ill people to the city to help them, and then allowing them to camp out without prosecution while simultaneously paying them), but I am curious how neighborhoods in general start to degrade. I'm sure that almost none of them besides the tenderloin are shitty due to some old, weird public policy decision like we had here. It was actually worse than the Tenderloin. Dan Rather was here for CBS a few years ago, so was Diane Sawyer...doing exclusive stories on how one of the most socially-developed cities in North America could allow its citizens, including single mom's and their children, to live in such squalor and a traumatic environment. Believe it or not, the area started to deteriorate after one of the city's historical department stores, Woodwards, went downhill and eventually out of business. That area used to be the main shopping district of the city for the previous 80 years, but when Woodward's disappeared, foot traffic decreased significantly and other businesses went out of business. Much of the shopping moved to the famous Robson Street area or to the suburbs, and you suddenly had alot of people living on social assistance moving into the area. It just kept going downhill with virtually no government intervention. Finally, a few years ago, you had a mix of public and private development reinvigorate the area...ironically it started by turning the old shell of the Woodward's department store into a mix of condo units and street-level retail, as well as Simon Fraser University expanding their downtown campus into the new development. From there you slowly had gentrification of the area, and now it is becoming one of the hippest areas of the city to live in, with new bistros and shops opening everywhere. Sadly forcing some of the poor out of the area and creating problems down the road for other neighbourhoods! C'est la vie! But before I moved out of the Burnaby area of Vancouver a few months ago, my daily commute to the office downtown went through the Hasting & Main area every day, and I could not believe what I saw. Most tourists who came to the city and saw the area couldn't believe it existed in Vancouver. Seriously, every three doors you saw someone shooting up in plain view, and guaranteed that every block had at least one person completely passed out and just lying there on the street...not knowing if they were sleeping, drunk or dying of a drug overdose. Take a look at the picture below. This was what it looked like on virtually every block of that six square block area. Picturesque and liberal Vancouver...what a fu**ing mess it was! I'm ashamed my city allowed that to happen to people! Cheers! http://www.nowpublic.com/health/east-hastings-0

Should the government ever need to be overthrown, I'll be in Australia on the beach somewhere. Unless it's Australia's government that gets overthrown, and your guns are locked up back in Washington! ;D You can always catch a flight to Fiji in that case I guess, but then there is a coup there every 5 years. Cheers!

That's probably part of the issue, but for example in this case, there weren't obvious indications that this lunatic was loony. So how do you lock him up, when you have no clue? One option is to not give him the opportunity to inflict mass casualties. He was denied a gun of his own a few weeks earlier, yet simply just took his mother's available guns instead. Cheers!

I live in San Francisco and spend a lot of time in (but do not live in, thankfully) the Tenderloin area, where there are a *lot* of sketchy people wandering the street. Ditto with Oakland. I wasn't just talking in hypotheticals. I know that while there are a lot of places in the US (and Canada, of course) where the "crackhead" argument *is* "bullshit", there are a lot of other places, such as the Tenderloin or Oakland, where it does apply. We do seem to have more social problems perhaps. Unwillingness to treat the homeless/and/or/addicted. Our prisons are an issue. Plus we've had a lot of racial related social problems that perhaps some Western countries suffer less from. The social issues could make our society more violent to begin with. The 6 square block area of Hastings & Main in Vancouver is considered the poorest and most down-trodden zip code in all of North America. At least it was until about 4 years ago, when alot of capital and social stimulus programs began providing more social housing and support. Once the main shopping area of downtown Vancouver, about 25 years ago it began an unprecedented downward spiral. Shopping areas were replaced with crack houses, skid-row housing, rampant prostitution and unbelievable squalor and poverty. For a city where the average house price is over one million dollars and the average family income is over $125,000 annually! There were crackheads and drug addicts shooting up in plain view, with police officers walking by and ambulances carrying overdose victims away on an hourly basis. In fact, one of the worst serial killers in North American history, Willie Pickton, managed to lure away some 50 homeless or vulnerable women to his farm, where they were raped, killed, butchered and fed to his pigs. Yet in this putrid environment, an area that Vancouverites should be ashamed to have ever allowed to happen, there was very little gun violence relative to the rest of the city. So, the fear of crackheads breaking into homes and shooting up victims is a fallacy. It's rich, upper-class, mostly white, right-wing suburbanites that perpetuate this theory of protecting their homes with guns, so that crackheads don't break in and rape your wife or young daughters while the husband is helplessly tied to a chair...damn you raping crackheads who take buses to gated communities, walk past security posts, and then break into homes with alarm systems! Used to be black slaves 200 years ago, now it's crackheads! ;D Cheers!

They haven't gone up in large metropolitan cities in Canada. We have plenty of crackheads and drug addicts here. We have a few burglars, serial killers and just plain psychopaths too. Cheers!

In different situations where there is a crazy shooter like this, has the right to bear a gun really helped someone? I would bet that as many times as a weapon has helped someone defend themselves, there have been at least equal, if not more, times were the weapon ended up being used against the victim, or even forcing the perpetrator to shoot the victim...think about how many security guards have been killed while trying to draw down on a perp. How about how many people have been shot by guys like Zimmerman as well? Cheers!

Seeing that the handguns were owned by the mother, I wonder how secure they were in the house? I imagine they should have been locked up, but I know gun philosophy is different between Canada and the US. I read that CT has some of the tighter gun laws in the US. So was the kid just really screwed up and had easy access to the guns that weren't locked up? In CT, you only have to secure your weapons if there are children 16 and under in the home. The mother was a gun collector. She had several other weapons as well...you notice I call them weapons. Cheers!

Mohnish and Guy wrote a Forbes column. Cheers! Forbes_-_Guy__Mohnish_-_December_2012.pdf

Very funny...and very accurate. I couldn't agree more. Cheers!