maxthetrade

Exactly. No added oils. The results of following such a diet are really dramatic: http://www.heartattackproof.com/resolving_cade.htm BTW, Bill Clinton recently switched to this diet after having bypass surgery, he speaks about it in this video (min. 23): http://edition.cnn.com/video/?/video/podcasts/gupta/site/2011/08/29/sgmd.last.heart.attack.cnn Olive oil, fish oil etc. are only the latest fads (remember the betacarotin or Vit E craze a couple of years ago?), it's a myth that they are health promoting. They are only somewhat healthier alternatives to saturated fats. Here are some other popular food myths: http://www.cbsnews.com/2300-204_162-10004624.html I'm posting these links with some reservation because I usually think it's a bad idea to get your health info from the media or semi-scientific sources, I much prefer to look at the research papers myself just as I read annual reports myself and don't rely on the media to get it right.

That study was done by Dr. Esselstyn. Here is a fantastic presentation by him:

Excellent interview in the Sept/Oct issue of the CFA Magazine: http://www.santangelsreview.com/2011/09/07/interview-with-prem-watsa/

As others have already stated if you want to loose weight you have to eat less calories than you burn. The key to lasting weight loss is to feel satisfied on a lower calorie diet and that is where caloric density (calories per weight unit) comes into play. There are several studies that have shown that every person looses weight if only food below a certain calorie density level is consumed. Eat lots of potatoes, oatmeal, greens, fruits etc. and avoid especially food containing fat as fat is with 9 calories/g the most caloric dense food. Sugary beverages (including fruit juice) should be avoided as well because it's very easy to consume lots of calories this way. CRON-O-Meter is a great free tool if you want to check the caloric density of different foods or if you want to check your total caloric intake: http://spaz.ca/cronometer/ And here is a tool to estimate your total energy expenditure: http://www.health-calc.com/diet/energy-expenditure-advanced

Very interesting, I think it's the first time that he commented on a windfall profit tax and on the odds for a pay out on the index puts: If oil prices have a sustained increase, there will be a windfall profits tax in the U.S. Therefore, higher oil prices are not a signal to buy oil stocks. Berkshire sold equity puts due in 15 – 20 years. They were in four different indices around the world. It was an insurance type transaction and they were sold on an uncollateralized basis. Berkshire did not want to receive calls for collateral along the way. He made the judgment that the odds were about 80% that Berkshire would not have to pay out anything. This looked good then and it still looks good now.

WSBASE is up sharply: http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=WSBASE&s[1][range]=1yr and M2 as well: http://research.stlouisfed.org/publications/usfd/page6.pdf

NEW YORK, May 26 (Reuters) - W.R. Berkley Corp, (WRB.N) a property insurer, is boosting premiums on deep water oil rig insurance by 40 percent after a massive spill at the Transocean (RIG.N) drilling rig in the Gulf of Mexico, the insurer's chief operating officer said on Tuesday. Berkley was an insurer of the Transocean rig, and has paid out $25 million on it, but after reinsurance, its net payout is $5 million. W.R. Berkley believes it was charging the right price for deep water oil rig insurance, but is happier to charge higher prices now that it better understands everything that could go wrong on a rig, said W. Robert Berkley in a meeting with reporters. "It's been a learning experience," Berkley said.

Li Lu is the founder and general partner of LL Investment Partners. He is a friend of Munger and brought BYD to him. Here is a bit more bachground info: Finally, there’s a fascinating footnote to this story, and it involves a man named Li Lu, who was born in China in 1966, the same year as Mr. Wang. When I began reporting the story, I wondered how Buffett and Charlie Munger had become aware of BYD. That question led me to Li Lu, who runs an investment firm, in which Munger is an investor, based in Pasadena that owns about 2.5% of BYD. He was the link between Berkshire and BYD. Li Lu, it turns out, also was a leader of the pro-democracy movement that organized the mass student protests in Tiananmen Square in 1989—20 years ago next month. He fled China after hundreds of demonstrators were killed and appeared on China’s “Twenty-one Most Wanted List.” Escaping to New York, Li Lu was embraced by the human rights community and wrote a memoir called Moving the Mountain that reads like a movie. His well-educated parents were forced into labor camps during the Cultural Revolution and, as a 10-year-old-boy, he barely survived an earthquake that killed 250,000 in the city of Tangshin. During the 1990s, Li Lu earned three degrees in six years from Columbia—a B.A. in economics, a law degree and an M.B.A. He worked for Allen & Co. and at Donaldson, Lufkin & Jenrette before starting his investment fund. When David Sokol first flew to China to visit BYD, he stopped at LAX to have dinner with Li Lu, after which they traveled together to Hong Kong. Li Lu is still not permitted to travel freely to China. Li Lu politely declined to speak with me for my story, telling me that some people in China are still unhappy about his role in the Tianenmen protests. Mr. Wang is not among them. “That’s past history,” he said. “Today, Mr Li and I share the belief that the best way to help China move forward is to make BYD a world-class company.” http://www.marcgunther.com/tag/charlie-munger/

Well this certainly doesn't sound like a hard market: http://www.bloomberg.com/apps/news?pid=20601103&sid=anmDlJwFO7NA