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Steven B

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  1. It works even without a PAN card?
  2. IMHO there is a little misunderstanding w/r/t Buffett and Munger's 9% or treasury rate discount rate. They are using it as a way to compare all opportunities to each other. Most investors use it on a case by case basis to determine if a specific investment is undervalued. Then the discount rate should generally be your desired return (if you would be willing to buy it at the DCF price); you could be a prophet when it comes to forecasting cash flows but you'll still only earn your discount rate if everything goes perfectly.
  3. Hey all, I would love to get my hands on these-even willing to $$$ for them. If anyone would like to take me up on this please reply, or DM if you're worried about anonymity. Thanks.
  4. Thanks Parsad. I remember reading something along the lines of principal is backed by his personal guarantee and net worth, although can't remember where. What you said makes more sense though.
  5. I read somewhere that he did this, can anyone confirm? How long did he keep that up? What were the terms? All I can say is wow.
  6. Snorky, If you're ever in Cleveland I owe you a beer. Thanks
  7. This topic has been moved to Investment Ideas. Since we're basically talking about it's merits as an investment idea. [iurl]http://www.cornerofberkshireandfairfax.ca/forum/index.php?topic=13724.0[/iurl]
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