
KFRCanuk
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Everything posted by KFRCanuk
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I find the term commitments on season tickets interesting. No word yet on the boxes. The company I work for has a 1/2 box at the MTS Centre. I think it was $60K/year. Here is a rather simplistic take on what has changed. http://www.cbc.ca/news/interactives/winnipeg-hockey/index.html There are more things to add and also some things haven't changed (good and bad). http://www.capgeek.com is interesting also as Manitoba wants to be close to Vancouver in payroll.
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8) http://driveto13.com/price.php
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and this one is even better
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Canadian Wheat board will be gone too.
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I think the craziest thing is what Osama's total economic impact on the US Military, US Home Land Security, Insurance Impact of 9/11, Canadian Military costs, British Military Costs, and the list keeps going! Do you stop counting at $5T?
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A Canadian held the distance record for a while. http://en.wikipedia.org/wiki/Longest_recorded_sniper_kills#Confirmed_kills_1.2C250.C2.A0m_.281.2C367.C2.A0yd.29_or_greater
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http://www.thestar.com/news/canada/politics/article/983414--harper-ducks-questions-on-governor-general-and-coalition "Because Harper limits questions to just four per day for the national media covering his campaign – and paying $1,900 daily for each reporter for travel costs – journalists are forced to work together to craft their line of questioning." This drives me nuts. I mean 4 questions per day? Shouldn't there be a law against news orgs taking money for covering a campaign?
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I don't understand recent election attack adds. Not very Canadian if you ask me. I don't understand why federal parties can't work together. Did we really have to have an election again (1997)in the middle of one of the worse floods? I mean it wouldn't have taken much to get an opposition party to support the budget. We are all Canadian!
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Here is a great writeup of apple's q2 numbers by none other than Jean-Louis Gasse http://www.mondaynote.com/2011/04/24/inside-apple%E2%80%99s-q2-numbers "These last figures are striking. How did Apple squeeze R&D down to 2% of revenue when Microsoft is closer to 15%? Part of the answer is having a large denominator: lots of revenue. Another part is that they have fewer products than any other comparable company. Still, 2% is an astonishingly low number and, curiously, one that is rarely remarked upon on Wall Street — or anywhere else — when discussing competition between high-tech companies. The same applies to the SG&A (Sales, General and Administrative) expense number: only 7%. I don’t know of a tighter and, as the same time, more prosperous ship. (Those percentages get even lower if, as some analysts do, you exclude Stock-Based Compensation. Look inside the 10-Q for more details.)" It's pretty incredible how well run apple is compared to other companies.
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The "CAWn" Game Continues - Biglari Holdings
KFRCanuk replied to Parsad's topic in General Discussion
For those who didn't know(like me) http://www.thestar.com/business/companies/magna/article/966685--frank-stronach-resigns-and-hits-jackpot -
Here is an article on the PM of Japan. http://fullcomment.nationalpost.com/2011/03/16/peter-goodspeed-livid-japanese-pm-takes-personal-control-of-crisis-management/ "In 2004, while leader of the opposition, he was exposed as an adulterer and became ensnared in a pension fund scandal, after failing to pay required contributions while he was health minister. Disgraced and desperate, he resigned as party leader, shaved his head, donned traditional Buddhist garb and went on a pilgrimage to 88 Buddhist temples on the island of Shikoku. Before long, he had returned to politics, became finance minister and ultimately, last June, Prime Minister."
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radiation plays havok with electronics.
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"Japan nuclear crisis: Workers halt desperate struggle to stop meltdown at Fukushima plant" http://www.nydailynews.com/news/world/2011/03/15/2011-03-15_japan_nuclear_crisis_workers_halt_desperate_struggle_to_stop_meltdown_at_fukushi.html
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Every day, there seems to be worse news from the nuclear plant. As I write this, there are news reports that there are no longer any personnel at the plant. There are 6 reactors with 6 spent fuel ponds. All(12) need to be cooled somehow. Hopefully another day will show the trend reversing BUT it doesn't look good. I'll be watching GE. EDIT: I also wonder if 6 reactors + 6 ponds can cause an entire G8 economy down the tubes and what that means for other G8 nations. I better go to bed.
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Holy Shi*! You've Got To Read This Zerohedge Story!
KFRCanuk replied to Parsad's topic in Fairfax Financial
I think because of the Lawsuit, people are/will think twice before they come after FFH. I think that is money well spent. -
Holy Shi*! You've Got To Read This Zerohedge Story!
KFRCanuk replied to Parsad's topic in Fairfax Financial
http://business.financialpost.com/2011/03/09/reporters-caught-up-in-fairfax-case/ "One journalist who may still be deposed is Peter Eavis, a former columnist with The Wall Street Journal. Eavis was served a subpoena by lawyers for Morgan Keegan and Co, another defendant, over columns he wrote about Fairfax when he worked at TheStreet.com." I created a google.com/alert for MRS-L-2032-06 which is the docket number. I hope more news organizations will quote that docket number in the future. -
"With just $150 million under management, he is better known these days for collecting works of art than his trading." http://www.financialpost.com/news/financials/Fairfax+suit+exposes+Wall+Street+boys/4424227/story.html It would be freaking awesome if journalists job was to cover the discovery and trial on a daily basis. Too bad Steve Langford is busy these days.
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"David Johnston was a member of our Board of Directors and a member of our Governance and Nominating Committee until his retirement from our Board in September 2010, in consequence of his appointment as the Governor General of Canada. In 2010, Mr. Johnston attended 7 Board meetings and 1 Governance and Nominating Committee meeting, which were all of such meetings in the year prior to his retirement from our Board."
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I'd like to get a copy of the book but unfortunately i will not be at the AGM. This was interesting too. "As I have mentioned to you ad nauseam, you will not get a takeover premium for Fairfax as I have the votes (unfortunately not the equity interest!!), and even onmy death I expect my controlling interest will not be sold (my children are in tears!), so that Fairfax can continue uninterrupted in building long term value for you, our shareholders, by treating our customers, employees and the communities in which we operate in a fair and friendly way! You of course also know that the multiple voting shares of Fairfax will not be sold outside my family unless the same price per share is available to the holders of subordinate voting shares." I'm going to stick my head in the SAND and wish Prem good health for many years to come.
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It's here http://fairfax.ca/Assets/Downloads/110304ceo.pdf
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My wife is thinking of going back to school. Now the trick is trying to figure out how to pay for it as she currently works full time. I looked at the life long learning program from the federal government http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/llp-reep/menu-eng.html I find the withdrawal limits to be low. I doubt I will ever have to use the program so I think I can also withdraw money and put it towards here. Has anyone taken advantage of the LLP?
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Kind of like http://agirlnamedbong.files.wordpress.com/2011/01/tracy-morgan-660.jpg
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Canned meat is doing well ;) http://blogs.wsj.com/marketbeat/2011/02/22/food-stocks-including-spam-rising-against-red-tide/
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http://www.9to5mac.com/52349/steve-jobs-meeting-with-president-obama-tomorrow
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This is totally off topic BUT i found this cbc marketplace story interesting http://www.cbc.ca/marketplace/2011/superbugsinthesupermarket/ It becomes clear that if you want purchase non antibiotic resistant poultry, you need a whole separate supply chain. What I found the most fascinating was seeing the cross contamination in the kitchen.