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Parsad

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Everything posted by Parsad

  1. Interview with Dwolla CEO, Ben Milne. Thanks to Frank for sending me the article! http://ca.finance.yahoo.com/news/This-28YearOlds-Startup-Is-siliconalley-2539075670.html?x=0 I love his comment: No one has built a payment network in 30 years — since credit cards. Everybody has concentrated on how we build a portal for credit cards, from digital wallets to Square. We don't believe in credit cards. We believe in authorization and in lower cost transfers. Our generation actually understands that when you buy sh*t, it comes out of your bank account and you have to pay for that. Cheers!
  2. Some comments by Goldman CEO Lloyd Blankfein. Cheers! http://www.bloomberg.com/news/2011-11-15/goldman-s-blankfein-growth-to-snap-back-.html
  3. Google's Android, and I guess you could say Microsoft's too, accounted for 52.5% of smartphone sales in the 3rd quarter! That's alot of momentum Apple is going to have to compete with, especially without Jobs at the helm. Cheers! http://money.msn.com/business-news/article.aspx?feed=BLOOM&data-ipsquote-timestamp=20111115&id=14524165
  4. The United States Postal Service lost $5.1B last year, not including a $5.5B payment owed to the U.S. government that was deferred. It's just another amazing example of how the internet has completely filled and killed another moat. Cheers! http://money.msn.com/business-news/article.aspx?feed=AP&data-ipsquote-timestamp=20111115&id=14529105
  5. Some comments from Buffett on Bloomberg. Cheers! http://www.bloomberg.com/news/2011-11-15/buffett-says-investor-returns-are-terrific-as-americans-seek-scarce-jobs.html?cmpid=yhoo
  6. Zenith CEO, Stanley Zax, has retired and his COO, Jack Miller, will take over. Cheers! http://finance.yahoo.com/news/Zenith-National-Insurance-iw-212080001.html?x=0&l=1
  7. Bart Chilton, a commissioner at CFTC, says that they are deeply investigating the exactly what happened to the funds at MF Global, including whether there was a deliberate ploy to hide the missing funds. Somebody gonna go to jail! Cheers! http://www.bloomberg.com/news/2011-11-10/mf-global-missing-funds-may-be-part-of-massive-ploy-cftc-s-chilton-says.html
  8. Here you go. Cheers! Interview_With_Amitabh_Singhi.pdf Gujarat_Fluorochemicals.pdf Mistake_Mar-Jun_2008.pdf Shorting__Jan-Mar_2008.pdf
  9. Keeps chugging along. Cheers! http://www.bloomberg.com/news/2011-11-10/north-american-rail-freight-carloads-for-nov-5-table-.html?cmpid=yhoo
  10. I wasn't saying this changes anything for Italy. It was just a play on words "PIIGS" and PIGS (in reference to Berlusconi). What I thought was pretty funny was when Sarkozy and Obama met for the first time at some G20 summit, Berlusconi went chasing after Obama like a star-struck fan and started yelling "Mr. Obama...Mr. Obama" as if he was going to ask for an autograph. Good riddance to buffoon-like politicians! Cheers!
  11. Berlusconi to resign. No more bunga bunga! ;D Cheers! http://finance.yahoo.com/news/Berlusconi-to-resign-after-apf-3799031884.html?x=0&sec=topStories&pos=main&asset=&ccode=
  12. Don't tell Bass that we are in the midst of Great Depression II. If he can't see the forest for the trees...well! ;D Cheers!
  13. Frankly, forecasts are a waste of time as I've stated. We have no idea. Others have no idea. There are so many variables that are out of our hands. The only thing you can control is margin of safety, emotions and execution. Remember, the experts at one time thought the world was flat, Hitler was misunderstood and as recently as two years ago...markets were permanently broken! Cheers!
  14. Robert DeNiro will play Bernie Madoff in an HBO movie. Cheers! http://money.cnn.com/2011/11/07/news/companies/deniro_madoff_hbo/index.htm?source=cnn_bin&hpt=hp_bn5
  15. Vito's a very smart and patient (thus the name for his company) fellow. One of the best in Canada. Cheers!
  16. Beer, The more and more you talk about it, the better you will be at expressing your ideas. I remember Mohnish when he first started...not so good. Today, he's probably one of the best you will hear at expressing investment ideas succintly and poignantly enough, so that both the experienced and novice investor understand completely. Even alot of what Buffett says is repetition of things he's thought about thousands of times over the last 60-70 years. I assure you that when Buffett was younger, he was not even remotely as eloquent as he is today...or even 30 years ago. Cheers!
  17. Corzine has resigned from MF Global and hired an attorney. Don't people ever learn? Cheers! http://www.bloomberg.com/news/2011-11-04/jon-corzine-said-to-plan-resigning-from-mf-global-after-bankruptcy-filing.html
  18. Since BH is likely to swing into a loss for this quarter, do you think Biglari will be returning his bonus compensation for the previous quarter, Parsad To put this as succinctly as possible with no misunderstanding...when monkeys fly out of my butt! Cheers!
  19. The economies in North America are relatively good considering the trauma they've been through in the last three years. As I've stated for the last few months, North America is not going to see a double-dip...we are in recovery, albeit a modest one. The only risk is stupidity from Europe. If they do anything where they plunge into a severe recession, or worse depression, then that will drag everyone down a degree or more. But otherwise, as Buffett stated..."The natural juices of capitalism will do their magic!" Cheers!
  20. Don't forget the Northface tent and sleeping bag, the Whole Foods organic granola, Kleen Ketal water bottle and Rice Dreams soy milk! And then we'll shut down the port authority or major bank in every city with a sit-in. That will change everything, since we are the 99%. Cheers!
  21. Just great! Something else for the "Occupy" movement to gripe about. The SEC is investigating insider trading on MF Global bonds by private investors who may have been privy to non-public information. http://www.bloomberg.com/news/2011-11-03/sec-said-to-review-possible-insider-trading-in-mf-bonds.html By the way, I'm just about "occupied" out, and these guys really need to find some other way to create change. This is more an annoyance than conducive to any sort of change. Once Sean Lennon shows up singing Madonna songs on an acoustic guitar, you know this movement has more than already jumped the shark! They should go camp out on Glen Beck or Barney Frank's lawn, and perhaps join forces with "The Tea Party". Mad-hatters the whole lot of them! Cheers!
  22. I have to thank everyone for their responses! I was perfectly correct in my assessment of this board's base of knowledge. I'm quite surprised how quickly and expansive the responses were, both in reply posts to the thread, and private messages sent to me. I will forward all the information to her family. Cheers!
  23. That area is the most exquisite biomechanical machine in the body. The pain described may be related to trauma to the tendons and fascia in the arch rather than neuropathy per se, but it's not wise to second guess her physicians. A second opinion by another physician who specializes in treating musculoskeletal pain in a different way might be helpful. There are two philosophies of treatment that could be considered. One is to relieve the pain through treatments affecting the nerves in the area or through surgery. This isn't always completely successful. The other is to assist the body to restore normal function. There is a simple treatment called prolotherapy that is often highly successful in similar situations. A group at The University of British Columbia in Vancouver has had an amazing track record using this therapy for Achilles Tendonitis. Perhaps your friend might contact them and see if they think prolotherapy might help his daughter. There is also a physician in Chicago, Ross Hauser, MD who specializes in prolotherapy. He's the best there is. See caringmedical.com :) Frank (Tim's out today) Hi Frank! They originally saw a specialist at UBC, but now are with supposedly the top specialist in Vancouver at St. Paul's Hospital. I will pass along the information, as I don't know exactly what treatment they tried at UBC. Thanks very much!
  24. Hi Tim! Left foot around the instep. She fell on an icy sidewalk last winter, hurt her foot, and slowly the pain and sensitivity progressed over the next six months. Cheers!
  25. Cracker Barrel put together a pretty comprehensive response to BH's proxy fight. Not much left to argue about! Cheers! http://sec.gov/Archives/edgar/data/1067294/000119312511290764/d249469ddefa14a.htm
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