ericd1

Which ad in particular is causing the grief? I switched over to that text ad at the end of the posts to try something new...is that the one? If so, I can get rid of it and go back to the smaller Amazon one. As for the last ad on the bottom of the page...that one stays. Cheers! 1 - Where do I send the $$$ 2 - Yes the text ad at the end of the posts are causing the problem. On the iPad the ad scrolls along with the posts and keeps resetting the page back up to the beginning of the posts.

Anyone know how to get rid of these? They aren't bad on the pc, but really disrupt the experience on my iPad. PS - I'd be happy to contribute to an "ad free" forum!

Why not look for both at the same time? There are times when traditional income investments make excellent capital appreciation investments. For example when interst rates on bonds are very high investing in long duration bonds can produce terrific returns when rates decline. The '08-'09 financial crisis provided lucrative opportunities in financial preferreds that produced very high interest rate returns and superior capital agains. As previously mentioned REITs and MLPs can provide good returns if purchased at the right time. I'm sure there are other examples.

The locals all left for the weekend! LOL

Mr B, I've used a virtual assistance to pull together information for different aspects of my business. After providing some initial background on the tasks and ways to gather the information my assistant was able to pull together the info I was after. The only problem was with a lack of familiarity with the tasks she didn't develop new or different ways to gather the data. There's a big difference between performing tasks and developing sourcing techniques. If you are looking for the latter your search will probably be more difficult and you'll likely have to pay more for the talent. I've also outsourced several projects on Elance and had good results. There's a growing number of capable freelancers out there in almost any industry.

Not until you sell the shares.

I've never done this but heard about it somewhere. Sounds like a pretty good way to gain insight into a small company. Find the local bar or hangout where the workers (factory or office) buy a couple of beers ask questions and be a good listener.

You are welcome. I run lots of the value screens and when I find the same companies turning up on multiple screens I take a harder look at them.

Thanks Packer, I use the AAII Stock Selector Pro. Lots of built in screens and you can customize your own. Data is probably not as consistent as ValueLine but I like the ease of use. It helps me sight the candidates for further research. $200 a year is a value too! http://www.aaii.com/stock-investor-pro

Packer, what do you purchase from M*? Website access or ? Thanks in advance

Give me a break....the last sentence of the article says this new way of robbing the rich and giving to the poor will raise $9B over ten years. That's almost not worth proposing. $900M a year is a drop in the bucket of government spending. This is only vote-getting fodder. Oh yeah. I guess government pensions wouldn't be added into the mix here... Perhaps the government should have a cap on spending rather than telling someone how much they can save. Savings isn't a word that's recognized by most politicians.

I agree - Buybacks below book value - Pay dividends later

Is there a way to determine what Ted/Todd picks are? Compare previous 13-Fs?

Put the information in a subscription service or sell a PDF book. I have no idea if there's a market for the info

Now that is true conviction that will make a fortune if it pays off! I wondered where Eric was putting his BAC money....lol

Savjveev - Congratulations! Your efforts have helped me become a much better investor because of the unselfish contributions of the board members and that obviouly includes you! Keep up the good job! All the best....

I have confidence I can't do it! But I did +50% once...+58.6% 2009 and -42.3% in 2000. All the rest of the years since the 1970s have been inbetween and pretty lumpy. :). If this board had been around longer than it has...and if I found it and learned from the great contributors I would have definately improved upon my 12% long-term average. Buffet wouldnt have a problem today. His years of experience would help plus he just 'gets it' better than 99.9% of investors.

More entertaining than Cramer...boo-ya!!!

I believe Freightliner is the leader, but it's a subsidiary of Daimler. Navistar has class 8, but is diversified into buses and military vehicles. From WIKI...Freightliner Trucks is an American manufacturer of heavy duty trucks, chassis and semi-trailer trucks in the United States. The company was founded as Freightliner Inc in 1942 and is now a division of Daimler Trucks North America, a subsidiary of the German Daimler AG.[1] The company is known mainly for the heavy duty class 8 diesel trucks it produces, as well as classes 5-7 trucks. As of 2005, Freightliner is the largest manufacturer of heavy duty trucks in North America with annual revenue of over $32 billion (2012 est.) and over 24,000 employees (including Detroit Diesel). Because Freightliner LLC is a wholly owned subsidiary of Daimler, a non-American corporation, it is not included in Fortune 500 rankings. It is comparable to the 125th largest company in those rankings based on the criteria used.

I look at 52 week lows

I'm also having trouble lowering exposure to BAC and AIG, which make up a substantial allocation of the portfolio. Smarter guys may be able to rinse and repeat,but I'm not very good at it. If the dumb money is 'beginning' to flow into the market seems like there's still 12-18 months upside ahead. Bumps in the road ahead-yes, but this isn't '08. I have some tax-free bonds that could be used if a fat pitch presents itself.

OK - Why would he close the funds? When returns ratchet in the future he doesn't want tons of new money to invest, which would 'protect' existing shareholders? He doesn't want want 'fast money' moving in and out? Other reasons???

Brkmystery - I've read and re-read the SeekingAlpha article at the top of your post. Although many, perhaps most, of those hanging around here understand how Buffett managed to create his terrific investment returns I learned a lot about his success from the article. Thanks for posting... Here's a similar article http://www.economist.com/node/21563735 I apologize if this has been posted previously...

My 2c. I believe you should do something you really enjoy--perhaps a hobby. Then turn it into a business. You may become a supplier, manufacturer, wholesaler or sales rep for an industry player. Lots of opportunity. I've heard this advice from many sources and eventually followed the path and it worked well for me. The passion for what you are doing makes up for a lot of mistakes you might make.

DC is like Chicago - toughest gun laws in the country and high homicide rate. Actually is the deadliest city in the country/world. No concealed carry in IL either, but that will change within months as the courts have ordered it. http://www.nbcchicago.com/blogs/ward-room/The-Deadliest-Global-City-163874546.html As the article above states. Guns and/or gun control (where permitted) isn't the reason for homicides. Urban poverty is.