Parsad

Article on the BNSF deal and comments by BNSF management. Cheers! http://online.barrons.com/article/SB126170375980104937.html

Merry Christmas Daphne! Cheers!

Read Dave Patch's letter to the SEC: http://www.sec.gov/comments/s7-31-08/s73108-59.pdf Cheers!

To all the readers and boardmembers of "The Corner of Berkshire & Fairfax", I wish you the happiest of holidays and a prosperous 2010! http://farm4.static.flickr.com/3084/3132775788_d7c87880dc.jpg?v=0 Downtown Omaha at Christmas Cheers!

Unlike many other government bailouts, it looks like TARP will be profitable. Cheers! http://www.marketwatch.com/story/tarp-profit-at-least-16-bln-so-far-treasury-2009-12-23?reflink=MW_news_stmp

Judd Bagley article on how several hedge funds, including Kynikos, Greenlight, Third Point & Maverick, are cutting all ties to SAC Capital as the rumours continue to spread that they are the next big target of investigators. Cheers! http://www.marketrap.com/article/view_article/91190/ghosts-of-fairfax-financial-now-hedge-funds-scurry-to-sever-ties-with-sac-capital

Article on Buffett speaking to Burlington Northern employees. Cheers! http://www.bloomberg.com/apps/news?pid=20601087&sid=ah80tRfGp4Kk&pos=5

Fantastic interview with former Singapore prime minister Lee Kuan Yew. Enjoy! Cheers! http://www.charlierose.com/download/transcript/10681

Pardon the spellin' errrors as my screen jumps all over the place when I'm writing on this board for some reason and I can't look at it for long. Hi Dealraker, Click the "compatability" tab next to your address bar...it looks like a piece of paper torn in half. That will stop the screen from jiggling around when you type a post. If your browser clears all data and history every time you close it, then you'll have to click that each time before posting when you relaunch the browser. But that definitely will fix the problem. Cheers!

I put it on all three of our tabs, since it applies to all three companies! Cheers! http://www.canada.com/business/fp/When+annual+report+speaks+volumes/2359626/story.html

I put it on all three of our tabs, since it applies to all three companies! Cheers! http://www.canada.com/business/fp/When+annual+report+speaks+volumes/2359626/story.html

I put it on all three of our tabs, since it applies to all three companies! Cheers! http://www.canada.com/business/fp/When+annual+report+speaks+volumes/2359626/story.html

Do you mean Ian Jacob, the fellow who actually worked at Berkshire Hathaway, or Byron Trott, who was the analyst at Goldman Sachs that started his own fund? Jacob's fund is called the "402 Fund LLP" and Trott's fund is called "BDT Capital Partners". No idea what their results were in 2009, but they both started their funds after the markets crashed, so they must have done fine. Cheers!

Hi Folks, It was Alnesh and myself who asked the questions and represented The Polonitza Group. As part of the largest outside shareholder group in ITEX, I will have to remove any posts made on the board commenting on the company, as we continue to try and work with management to create shareholder value. The article from Compounding Life is fairly complete, but there is quite a bit of information that is missing as well. Since it is an outside link, I'll leave it and you can make what you will of how the meeting went. All I can say is that if you are a shareholder, I recommend that you attend the AGM's of the companies you own. Naturally every shareholder is a part owner of a public corporation, and you have every right to make your opinion heard...be it by letter, email, attending the AGM or through proxy votes. Cheers!

According to the research firm below, the shadow inventory of foreclosed homes increased, even though sales of homes have been brisk. You have Opt-A refinancings up this coming year as well. Cheers! http://www.bloomberg.com/apps/news?pid=20601087&sid=auKSnUtGaDC4&pos=7

In that way, I'm kind of disappointed in Buffett and how much he goes on CNBC. Friggin' Joe Kernan with his rotten toupee is probably one of the worst business journalists I've seen, and he asks the dumbest questions of Buffett. I remember Kernan, David Faber and Carl Quintanilla sitting around a table saying silly things like is Overstock.com even around anymore...is Byrne even relevant...etc. I couldn't believe the stuff I was hearing. That was before the naked shorting stories hit the fan and became common knowledge. Cheers!

Here's the website if you want to take a look. Cheers! http://www.berkadia.com/berkadia/Home.aspx

NY Times article on SAC and the recent investigations. Cheers! http://www.cnbc.com/id/34445954/

Some of you may remember those scenes from Minority Report were Tom Cruise and Collin Farrell manipulate a floating computer touch screen, or the Gap advertisements that interact with passing customers...soon to be a reality. Cheers! http://articles.mercola.com/sites/articles/archive/2009/12/12/Genius-Level-Innovations-in-Computing.aspx

Christopher Browne, of Tweedy Browne fame, died of a heart attack today. http://www.globeinvestor.com/servlet/story/GI.20091214.escenic_1400168/GIStory/

Article by CNBC on how so many ex-SAC traders usually fail when starting funds seeded by SAC...I'm guessing it's the culture at SAC that creates the problem when these guys go out on their own...wrong intellectual framework, develops the wrong culture and they end up doing stupid and risky things. Cheers! http://www.cnbc.com/id/34415536

Seth Jayson, also known as TMFBent and writes for the Motley Fool, posted this rant on Patrick Byrne and Judd Bagley to his TMFCaps profile, which somehow got picked up by various news networks and legitimized as some sort of article. http://caps.fool.com/Blogs/ViewPost.aspx?bpid=310832&t=01000000000103882559 I'm not sure how this crap can float along in cyberspace and be picked up by various market news services, including Google Finance, but it apparently did. Cheers!

Nobel Laureate Paul Samuleson passed away at the age of 94. Cheers! http://finance.yahoo.com/news/Economist-Samuelson-Nobel-apf-529071038.html?x=0&sec=topStories&pos=5&asset=&ccode=

Article in the NY Times about Jesus Leonardo who is a stooper...picks up discarded horse racing tickets and seeks out unclaimed prizes...he's found about $500K over the last ten years. Not entirely different than a deep-discount value investor. ;D Cheers! http://www.nytimes.com/2009/12/08/sports/08otb.html

Good article on KKR, with praise for Berkshire from Henry Kravis, and how KKR will change its operations going forward. Cheers! http://www.businessweek.com/magazine/content/09_51/b4160038935523.htm