bantrader

I want to share with you this presentation from a spanish guys who are running a fund called Valentum, Youtube presentation: Fund's website http://www.valentum.es/en/

One more for the pending list: Ali Meshkati from T11 Capital Management

Kevin Byun from Denali Investors Sahm Adrangi from Kerrisdale Capital Jesus Dominguez & Luís De Blas from Valentum (Spain) Álvaro Guzman from Az Valor (Spain)

Rich Dad, Poor Dad by Robert Kiyosaki

Hello berkshire101, Here we go with a free site with all the options data: The Options Industry Council (OIC) http://oic.ivolatility.com/

Great interview, I like his ideas about the portfolio concentration, the Fairfax investment and Autohellas, Keep the good work on MOI,

In this market situation in which it is difficult to find ideas with wide margin of safety, What assets do you use as an alternative to cash? I suggest these two Ultra-short-term bonds ETF: 1) SPDR® SSGA Ultra Short Term Bond ETF https://www.spdrs.com/product/fund.seam?ticker=ULST 2) SPDR Barclays 1-3 Month T-Bill ETF http://etfdb.com/etf/BIL/#fundamentals Any other ideas to hold cash?

Thanks for posting, some good news ideas there :-)

Great Talk !!! Thanks for share it,

I asked to the OCC (Options Clearing Corporation) about the adjustments in spinoff case , and here we go with the answer from them: Dear Iban, Thank you for your interest in options and for your inquiry. There are a few sources you may want to review that discuss spinoffs. One simple example is provided in Chapter III of Characteristics and Risks of Standardized Options on pages 20-21: http://www.theocc.com/about/publications/character-risks.jsp We also offer a free online course on Contract Adjustments that discusses the treatment of spinoffs: http://education.optionseducation.org/course/view.php?id=5 Registration is required to access the courses, but the registration is also free. If there was a contract adjustment to the Ebay options, OCC would publish a memo to its site. http://www.theocc.com/ Finally, contract adjustments are covered in depth in Article VI, Sections 11 & 11A of OCC’s By-Laws. http://www.theocc.com/components/docs/legal/rules_and_bylaws/occ_bylaws.pdf Until such time as a memo may be released, this is all the information we can provide. Regards,

Think of the strike as what you have the option to pay to get the deliverable (usually 100 shares of the stock). So, pre-spinoff, by owning 1 contract of the $70 strike calls you have the option to pay $7000 (there's a 100 multiplier) to buy 100 shares of EBAY. If EBAY spins off 1 share of PAYPAL for each share of EBAY, the deliverable of the options contract will be adjusted to represent 100 shares of EBAY -plus- 100 shares of PAYPAL. So, you would have the option to pay $7000 to purchase 100 shares of EBAY and 100 shares of PAYPAL. Within a day or so, they will then list a new series of options contracts that will just represent 100 shares of EBAY. At this point, if a person wanted to buy options on just pure (post spinoff) EBAY they would be able to do so. But the old series of options sticks around, so there will likely exist two EBAY $70 2017 calls - the old ones (100 EBAY + 100 PAYPAL) and the new ones (100 EBAY). It will be important to make sure you are trading the right ones if you want to do new trades. Thank you both for your contributions. I guess the OCC (Options Clearing Corporation) to set the strike for the Ebay's new options will be taken into account: - or the opening trading price of the shares of Ebay as independent entity (after split). - or the closing price of the first day as a independent Ebay. I will consult with the OCC to see if I can still clarify a little bit more this things. I'll keep you informed, By the way, according to your nick (pocoapoco) I think you're from a Spanish-speaking country. Is that so? I'm from Spain.

Is there any expert in the community who knows what kind of adjustments will be made on Ebay options after the PayPal's spinoff? For example, what would be the setting for holders Call option Ebay strike:70 expiration: January 2017 ? I understand that would be as follows: Pre Spinoff: Long Ebay Calls strike 70 January 2017 Post Spinoff: Long Ebay Calls strike ? January 2017 + Long Paypal Calls strike ? January 2017 The question is: How does it be calculated the new strike price of both options? Thanks in advance,

Congratulations Sanjeev, Top quality forum , the special one, Let's go for another 13 years.

Thanks so much for your responses, These days I will try the Morningstar watchlist and will give you feedback,

How many stocks do you have in the watchlist, and which tools do you use to monitoring them? I have around 100 stcoks on the list and currently I'm using financeyahoo.com at the section "My Portfolios" , maybe some of you are using a better tool ... Thanks in advance