valueorama

Came across this. Hope it is helpful to somebody. global-investment-returns-yearbook-2015-v3.pdf

Big one is DJCO

I got baited by this headline at CNBC. But the cramer video is awesome. http://www.cnbc.com/id/102470080

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing Have fun reading. Somethings don't jive.

http://www.scribblelive.com/Event/Ask_Warren/149526389 Looks like the Buffett just ripped David winters. I have never seen buffett pick anybody like this. People will think twice about putting money with David Winters now. (The takedown starts at 3:20).

I think you are reading it as a hard rule. My opinion is that one should buy a company as if it is going to held for at least 2yrs. If the thesis plays out or your analysis is wrong or you find a cheaper stock, sell as soon as possible.

Vow!! new low. Couple of highlights: 1. You guys use Euro?? why not Sterling. Scotland, dont they use Scotish pound?? Northern part(northern ireland) uses pound why not the southern part? 2. Arent you guys part of the same island as Scotland? I am sure some irish folks will be really upset with this idiot on so many levels. Not knowing geography, countries, currencies used, etc.

I couldn't agree with oddball more. People want hand-holding and spoon feeding. Models cant take all the vagaries of reality. You have to look at each and every company in detail. If it is too much work, i would suggest investing in Index funds.

To be honest, i was excited a lot. But it looks like they have theory to support the ideas. They dont even have a prototype as per aviation week. They really want Pentagon or google or somebody else to take the monetary risk.

I believe the virus cant live for too long once outside a host. But, in an Airplane, every body is close to each other and air conditioning. Who knows. BTW, the way we are discussing is how panic starts.

Well one big issue is that Janus is not a Bond shop. It is an ok equity shop. So, they would have to open many new funds. It takes time to ramp up a mutual fund shop. In the meantime people nervous about PIMCO are going to move to Black Rock, Doubleline, Fidelity, Vangaurd, etc. Remember that 401k, pensions usually have contracts and lots of admin work. So these will take time to move. But they will. Once they move, they wont be in a hurry to change again. I dont think Janus will be a big winner but Allianz surely is a big loser.

Let me get this straight. He sold BRK(undervalued according to him) but held onto Coca-cola(management created a bad equity plan and not shareholder friendly). He has contradicted himself in one paragraph. BRK not shareholder friendly??? Now, I have heard it all.

congrats.

You are talking about CDO/CLO/CBO. The CDO/CLOs i am aware of, are based on the following: 1. bank loans of companies. or 2. Assed Backed/Mortgage backed securities. CBOs of unsecured debt is pretty rare as far as i am aware. Somebody can correct me if i am wrong. Just an FYI. CLOs/CDOs are Reg 144A. Private Placements. Disclosures are in general not public. You cant get reports that easily. If you are an investor in a particular CDO/CLO they will send you report for that CDO/CLO. If you have good relationship with bonds salesman in one of the big shops, they will pull strings to get information. These are pretty opaque markets.

just to get back on the topic. I think comparison of habits of poor vs wealthy is not optimal. I think researchers/pollsters must first make sure that at least Maslow's first level of needs are met. If the poor are still looking for First level of need forget about reading, they dont have time for anything else but basic needs. IMO, it would be more sane to compare Middle class vs wealthy. Atleast both have disposable income and hopefully met the first needs of Maslow's Hierarchy. One more interesting disclosure, why more wealthy people interviewed(233) vs poor(128). Population wise there are more poor people so statistically, it might be irrelevant.

Happy birthday.

I know footnoted.com charges $10k/year. But 10kwizard.com i think doest it for $1.4k/year. 10kwizard gives you the differences on screen, footnoted adds value buy doing research on it. Just an FYI.

Have you tried whatismyipaddress.com ?

There are also some outrageous perks while getting fired. I have seen management getting to keep the Ipad supplied by the firm. Common, cant the guy afford an ipad for himself when he is paid millions. When a regular employee forgets to return a company supplied Blackberry all hell will break loose. I have seen numerous ways management rip-off shareholders. There are some firms, which start serial companies/spin-off business unit, have same office address. Management gets to hold positions such as CEO of one firm, chairman in another and get paid for both.

http://www.bbc.com/news/magazine-27067615 Really interesting article.

more thoughts on cost, fees, liquidity and valuation. http://nreionline.com/mag/public-vs-private-reits

Reg S and 144a are similar. Same offerings will be made to US investors as 144a and European/non-US investors as Reg S. You need to be a Qualified Institutional Buyer(QIB) - $100mm for a fund.

It has nothing to do with software, it has everything to do with Physics(speed of light) and how long your information needs to travel before it hits the exchange. Not everybody can live near an exchange.

just an FYI, the new exchange is owned by ============= Who owns IEX? IEX is owned by a collection of mutual funds and hedge funds including Greenlight Capital, Capital Group, Brandes Investment Partners, Senator Investment Group, Scoggin Capital Management, Belfer Management, Pershing Square, and Third Point Partners, as well as family offices and individual investors, including IEX employees. ============= Looks like some people here look upto some of these folks who have invested. I want to know who is behind the "Senator Investment Group" ? Interesting that no Investment bank is in it. To those who say there is no issue with current system, think again. Ofcourse, Lewis is using hyperbole to promote his book.

Prasad, The mobile message board version is best i have seen. Great to use it on my phone. Interface is awesome, simple and clean. If you choose a topic, it takes you to the last unread post. I love it. Great job. Thank you. Valueorama.