JAllen

Yeah, I'm thinking more for small institutional accounts that aren't big enough for many mini-primes.

Yah, stop looking. This is the best broker. And your capital is totally safe, no matter what happens in the market. Why do you think IB is so safe?

Or rather pretending.

I Love this! (but hope it doesn't happen to Bruce!)

Y'all seem to be criticizing his decision to sell a stock because it seemed to coincide with a management interview. I don't get it.

The U.S Govt.'s reported GDP figures are essentially flat; that means GDP "growth" is probably slightly negative already.

Thanks Nodnub!

Does anyone know what "Baupost" means? I'm naming my fund right now and have spent >50 hours on it moving from one to another with made up names, stereo-typical names, and names with my last name in it (it's Allen, not very unique). Was just sitting here wondering what "Baupost" means so thought I would ask after some unsuccessful googling. Some general discussion and thoughts about hedge fund names would be greatly appreciated. I would prefer to do this once and need to resolve this soon.

Don't forget to include the amount of risk they took when looking at their returns! I'm sure it was all calculated, but they took considerable risk, especially in Russia it seems.

about 36%

You think Einhorn is less humble than Ackman? I remember reading an article about Ackman and one of his kids even said "he doesn't suffer from low self-esteem"! But then again, to be an activist I think one has to be VERY confident.

I'm already "friends" with nearly everyone I interact with on a regular basis on Google+. It's really simple: they're the people I email on weekly basis! They haven't even opened it up yet! In a few weeks I won't cancel my FB account but will hopefully rarely visit FB. The integration (the black bar at the top of all Google apps) is indeed another guerilla in the room, IMO (with the accompanying notification box that turns red when you have one). They already have tens of millions of people leaving their "messages" app open all day long; I'm sure they'll better incorporate that with + soon. Disclosure: no position

Looks like it didn't help Myspace a few years ago: http://www.msnbc.msn.com/id/21341042/ns/technology_and_science-internet/t/myspace-skype-announce-partnership/ Also, Google's offering group chat for free; for FB users to use Skype's group chat one of those people must be paying $4.99 a month. http://techcrunch.com/2011/07/06/facebook-video-chat-google-hangouts/

That would definitely be interesting to do, but in the real world, friction costs would probably make this a lot less practical than a low-cost index. For an individual yes, but for an index fund or ETF to set this up there would actually be less transaction costs than a low cost index. All they would have to do would be copy every holding/transaction in the S&P 500 (or the Russel, or the Wilshire, or any index they are tracking) except for the airline stocks. Since they omit the airline stocks there would be less stocks and therefore less ongoing friction costs once the fund is set up. Even if it would add just 1% long term, it would be worth it as there is really no extra work once the index is set up. Couldn't an individual investor easily replicate this by buying an S&P 500 index fund normally and then taking a short position in airline stocks worth a few percent of that purchase (or shorting some other airline ETF)?

I was really curious about the motive of the NYT: was it to truly report the facts of the industry, or was the motive to cause an uproar and encourage others to discourage shale gas production? How many emails in total did they examine? What proportion of them discussed potential negatives of the shale gas industry? How did they get the emails? If there are accounting discrepancies, who's doing something about them?

Interestingly, Lubrizol was one of the 'nifty-fifty' listed in the Davis dynasty.

Thanks for this Packer: I haven't seen anything about this; how did you reach this conclusion? I would love to read about this if it's possible.

I could tell it was going to be you by the title! :o

In America everyone is innocent until proven otherwise. I like operating with this principle in mind during my daily life. Doing so gives me the opportunity to evaluate new information as it comes in, instead of being bound by a consistency bias (among others).

If I read that correctly, it confirms that publishing or causing false information to be published while profiting from the resultant stock price action is indeed a serious crime.

http://online.wsj.com/article/SB10001424052748704587004576243042477019926.html?mod=WSJ_hp_LEFTTopStories

Thanks for everyone that originally responded to my initial question that was: "what web application might you like to see"? I'm currently making a web app that will email a list of stocks each morning. I haven't decided on exactly how I want to do, where I'm going to get my data, and what are the criteria for inclusion. In an ideal world, if you could get a list of stocks to research each morning in an email, which criteria and what metrics and information would you like to see in the email? This link (http://www.gummy-stuff.org/Yahoo-data.htm) has a list of metrics that appear to still be available and would be easy and free for me. Any general thoughts would also be appreciated. Thanks again for the feedback!

This is an interesting article: http://www.theatlantic.com/international/archive/2011/02/the-myth-of-japans-lost-decades/71741/

They're also opening small service/repair stores. I forget exactly what they call them though.

I stopped liking him when he sold a huge chunk of Premier to Sellers Capital but didn't offer the stockholders the same deal. That was totally wrong.