QLEAP

Moved to 40% cash, we are due for a pullback anytime soon..

And Bruce hits back at Einhorn on St.Joe .. http://www.scribd.com/doc/48356839/St-Joe

Isnt $BH earnings expected today ?

Fantastic post, very generous of you to share your experiences.

Wishing you all a wonderful and a prosperous 2011. Happy Holidays !

Thanks for sharing Sanjeev, didn't know Chou was from India. Now I can brag three great investing gurus (Prem, Ajit, Chou) were all from India :)

Yes, the annual report is due this Sat, Dec 11th. Eagerly waiting for the results ..

Good one ! Anytime I am tempted to take speculative positions, I return to this forum and it brings me back to my senses :)

I think the 2013 LEAPs come out on Nov 15th

Did Sardar's new compensation get approved in the proxy meeting today ?

Yes, it's a good blog that I like to visit often. Do people really read ALL the posts - I would die of information overload :)

Check out the latest stats. Superboy is now on board! :o That must be Alex ? :)

Not cheap enough, maybe at 250

Sanjeev, Have not read it completely but "In addition, to ensure that the Company’s shareholders have an opportunity to review and approve material changes to the Incentive Agreement, the Incentive Agreement has been modified to require shareholder approval of any future amendments that would materially increase benefits to Mr. Biglari."

Looks like a leap of faith to me :) Btw I had briefly looked into this earlier (when it was 0.68 or so), here's a good resource - http://tronoxequity.blogspot.com Hope it helps

And I thought i was the only one getting frustrated ! Glad to know that I have company :)

Exhibit A was at the very end of the 14A http://www.sec.gov/Archives/edgar/data/93859/000092189510001065/pre14a07428_07062010.htm

Interesting read, thanks for sharing

Oh, I think time is certainly on your side if the date/year on that article is correct :) Market Pulp Prices Backing Off as Supply Grows, Demand Slows July 13, 2020 - The typical slowdown in summer demand, coupled with the restarts of a number of pulp mills in North America and Europe, is quickly cooling off the hot market pulp sector, say industry observers.

That's really touching Sanjeev. I am sure he would be mighty proud of you - this forum is a tree under which we all sit. cheers qleap

Was that anon you Sanjeev ? ;)

Thanks, exceptional performance and unbelievable record of buyouts - these guys are good at ferreting out underpriced stocks in small cap space.

Thanks for posting this. His letters are funny at times correlating Presidential cycles to the market but he has been bang on in terms of market forecast from what I understand. The Wealthtrack podcast with Grantham is also very good - http://wealthtrack.libsyn.com/index.php?post_id=405724

http://www.scribd.com/doc/25600837/Howard-Marks-Fourth-Quarter-2009-Memo Enjoy.

http://www.marketfolly.com/2010/01/david-einhorns-greenlight-capital.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarketFolly+(Market+Folly) 22% annualized returns since 1996 sounds good !