Myth465

Honestly I liked the way Blodget played it. He even probably owns 100 shares to CYA. Then he basically said the CEO should come on the show to clear things up. Well played. I think his issues with BOFA mirror mine. Its simple ignorance, and a lack of effort or energy to figure out whats what. The balance shit is gigantic and I am out of cash with securities I understand very well also falling apart lol. I would rather just stay put then analyse something for 2 days and then buy. I think he is right though in terms of what the CEO should do. Scenario testing and full / additional disclosure of the balance sheet is what they should do. On this issue, I agree this is just a dig for ratings, but I generally like his analysis of things, and probably his political / economic leanings. Also inmo Blodget lacks the smugness of Munger. He is basically saying I dont know but the market is betting against it, here is my take on why....... I do however think its wrong to continually demand for posters to defend their ideas or prove their thesis's, read the thread, place your bet (or not), and find something else to do with your time is my advice.

Good interview. http://finance.yahoo.com/blogs/daily-ticker/henry-blodget-vs-bank-america-rotted-core-164854408.html;_ylt=ArBraAoI_Dtz0KR5jSbEjL4p2YdG;_ylu=X3oDMTBwcWhydHFrBHBvcwMxMARzZWMDTWVkaWFCbG9nSW5kZXg-;_ylg=X3oDMTFvcGs0cnBnBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANibG9nBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3 I really like Blodget and watch the daily ticker every few days or so.

moore_capital54 Thats what I have observed. Thus far Munger's posting behavior has been the best indicator of a market bottom......

What a nice dream.... But I guess a man has to sleep at night.

Never in America lol.

When in the history of investing has Siegel been bearish. He is like a perma bear but just bullish.

Great links keep em coming..... WS may not be off the mark with large cap tech...

Hester's posts are always gems.

Obama has really fudged this up. He has caved to the Republican bad ideas, and now the Left is getting blamed for them. I would prefer a conservative president implement conservative ideas. Stimulus is now a dirty word and he will get no compromise from the right, and no backing from the public. Uncle Warren cant help here inmo.

Very funny links. Thanks

LOL part of the reason I dont believe in Government ownership in business is because the government indirectly already controls businesses which operates in its country. I thought S&P would have hell to pay.....

Same. I have 2 on order from HP, hopefully they ship.....

Thanks again. I love the modern bright look. I just got an android phone, we need an android app lol.

I figure the markets can go very low. Everyone is realizing something a few smart people understood years ago, the Emperor has no cloths on in Europe and they dont have a solution to whats going on. That's got to be frightening for someone whose job it is to buy Euro Bonds.

Thanks, I really like the look.

I would check ebay. They had some listed at $120. I am excited mine ships on Monday.....

LOL Incredibly good point....

Or rather pretending.

None of the above. Though they all may be excellent investors. Buffett has a unique combination of shareholder respect and excellent returns.

Myth - This stupidity of HP management does not prove that you don't understand tech. This is a stupid decision and decisions like this can be made by management team in other fields as well. Though, In Tech field it seems we are getting more than fair share of value destroying capital allocators. Good point. This will be interesting to watch. The hottest device over the last 2 days on the net is now HPs tablet. Interesting times.

Sears hasnt cut prices yet, I think thats the next store to drop. Also everyone is waiting for Amazon as well.

I ordered one from the HP site last night. Just hoping it ships, and that a hacked Android version comes out in a few weeks. Though Webos looks ok for a few months. The main issue it seems is lack of app support. ---- The selloff seems warranted. HP appears to be rotter-less. They are selling off businesses at 4x - 5x cash flow, shutting down operations they bought a few years ago, and paying 10x revenue for new businesses which dont appear to have a moat..... They should buy SAP or something if they want to be in software. All this has shown me that I dont know much bout tech, though I still think WD is a good deal.

I just ordered 1......

This is where I have been lol. It hasnt worked too well from an investing perspective.

Damn HP is getting killed today.....