[Oaktree's Marks on Strategy, Europe, Real Estate]

Thanks for posting.  It always seems like the anchor is yelling at the guest.  That must make it more appealing to the audience, but it would annoy the hell out of me if I was trying to respond to their questions.

 

 

[Third California City Files For Bankruptcy]

I agree with you Bookie.  The human tendencies will have trustees, administrators, etc.. asking if they can do it why can't we.

 

It's bound to start showing up in other states.  Illinois, Michigan, etc...  The question is, what will the states do, if they can do anything.

 

 

[FHFA, FHA Look For Ways To Stop Doing Stupid Stuff]

From Bankstocks.com

 

http://www.bankstocks.com/AddComment.aspx?ArticleID=6534

[States Steal Federal Foreclosure Funds at Their Own Peril]

What a surprise...

 

http://www.bloomberg.com/news/print/2012-07-04/states-steal-federal-foreclosure-funds-at-their-own-peril.html

 

[The Illusion of Safety]

Societe Generale research attached that I thought some might enjoy

The_Illusion_of_Safety.pdf

[Cooperman Says Earning 13% in Stocks Takes ‘Average IQ’]

http://www.bloomberg.com/news/print/2012-06-28/cooperman-says-earning-13-in-stocks-takes-average-iq-.html

 

[US Corporate Margins: Abnormal or Not?]

I apologize if this video has already been posted, but based on the discussion of margins I thought some of you might like watching it. (hopefully the link will work.)

 

http://www.morningstar.com/cover/videoCenter.aspx?lineup=PREMIUMVIDEO&id=557925&referid=a3470

 

[Hillary Clinton - "Amen to that" Get your (US) economic house in order]

Interesting interview.  Thanks for posting the link.

[Buffett's Favorite Valuation Metric Says]

Thanks Rabbitisrich for your answer.  I was speaking more generally though than just this calculation.

 

Sorry, my question should have been better worded. 

[Buffett's Favorite Valuation Metric Says]

A side question for some of you.  When you are looking at GNP or GDP, do you use real GDP or not?

[Oaktree's Howard Mark's most recent memo titled It's all a big mistake]

His memo's are great.  Thanks for posting it.

[SEC Said To Depose SAC’s Cohen In Insider-Trading Probe]

http://www.bloomberg.com/news/2012-06-21/sec-said-to-depose-sac-s-cohen-in-insider-trading-probe.html

[Mid-year 2012 P&C Buyers Survey]

I thought some might find the attached interesting.

 

Mid-year_2012_PC_Buyers_Survey.pdf

[Lou Gerstner on CNBC]

Great videos...thanks for posting them.

[ResCap and Buffett]

ResCap Offers Investors $8.7 Billion Bankruptcy Claim

 

http://www.bloomberg.com/news/2012-06-12/rescap-offers-investors-8-7-billion-bankruptcy-claim.html

[Pershing square video]

Thanks for posting the links.  I thought the HRB presentation was interesting, but obviously not the winner.

["Don't Eat Fortune's Cookie" - Michael Lewis]

Great commencement speech...thanks for posting

[The last days of MF Global]

http://finance.fortune.cnn.com/2012/06/04/the-last-days-of-mf-global/

 

[FT: Larry Summers]

http://www.ft.com/intl/cms/s/2/7ad17ac2-ab42-11e1-b675-00144feabdc0.html#axzz1wpWLMvzi

[FT: Markets: Out of stock]

I love seeing these articles...(the death of equities part)

 

http://www.ft.com/intl/cms/s/0/d754f94c-a4ba-11e1-9908-00144feabdc0.html#axzz1vj8SAa8h

 

[Goldman Sachs’s Trott Tells Jury of Buffett Deal Secrecy]

http://www.bloomberg.com/news/2012-05-23/goldman-sachs-s-trott-tells-jury-of-secrecy-around-buffett-deal.html

[Mark Sellers' Article (life story)]

Your post made me think of his presentation at Harvard a few years ago.

 

Here's the link http://www.scribd.com/doc/9999339/Sellers-24102004

 

[Ackman’s Pershing Is Said to Urge CEO Switch at Canadian Pacific Railway]

Update this morning on CP battle

 

http://www.bloomberg.com/news/2012-05-17/ackman-slate-set-for-seats-as-canadian-pacific-ceo-leaves.html

[Buffett Buys GM!]

I doubt it's Mr. Buffett based on the size, but who knows.

[James Montier Presentation at CFA conference]

Awesome...thanks Zarley