Green King

keep in mind the technology has to improve annually in order to stay in the game. Therefore a large amount of investment is needed is one start from scratch and is needed to be invested annually. The nature of the business presents great barrier to entry. Most likely over time they are going to be the only players. Just thing through the set up you'll see how hard it will be. Mr.B On the PPT you posted it said that 60% of WD's production was down this year due to natural disaster. Dose it mean that WD will have significantly higher NI with and lower margins in the coming years or will it just be a larger pie ? OR will the industry be hurt by over capacity?

anyone looked into the economics of the technology ? or know how to ? or else none of the implication or scenarios are useless.

That was fun thx.

Oddball, is that ALNEX on Paris or Frankfurt? It's the Alternext exchange, so it might be European not just French small caps. I really like all three of the French stocks right now. Nexeya and Installux are more domestic, but they're cheap! Precia is very international, but they're headquartered in France. community banks ? eh ? i looked at around 30 in the pink sheets and haven't find any good one better than BAC. Care to share one ?

As with many problems context is key. If you are giving the money to charity and have it to be spend over a short period 10 to 15 year for Buffett. Which will be allocated by his kids and Gates do good to the world. Than it is a better allocation as compared to the current government allocation of funds. But if the money is left to selfish decedents who dose not understand wealth in a capitalist society. who just wants all for the self and not care about the survival of society or the species. And just want more and more without paying its fair share. Than taxation by government is fair. Those who want to be selfish and don't want to pay society's fair share should be required by law. Since society provide them with all they have and without a functioning society non of us will be better off. point about execution it is very hard to force people to do things they don't want. If they understand the reasons behind it most people will supported. (Being Canadian I have no right to decide just making commentary.) Side note I think it was Marx who was a supporter of a 100% death tax. So that those with wealth will try their best to make society and environment better for all since they can't practice favorites. But what does those communist know. (execution is key for that to happen all the people should understand what is being done and the reasons for it and support it. or in our case a majority. So abuses of power and regulation will not occur. ) abuses are very easy if one knows what they are doing.

why Harlequin ? Torstar looks nice, but i don't know much anyone mind sharing a little ?

very.. seems he is applying MOS into his fund structure so he can make the real money in his arbitrages. (survival first and waiting for fat pitches)

Thanks You your guidance is much appreciated (don't read too much into things.) Sorry, my answer didn't connect. Good background on the trade can be found in Roger Lowenstein's book: How Genius Failed. Best wishes.

Thanks you vikx01 I will enjoy this greatly.

Anyone know what he is talking about? You got it! That's what John Meriwether's team was known for at Salamon Brothers when Warren and Charlie came in to clean house. That strategy later blew up at Long Term Capital along with other strategies during a flight to safety. Never the less it is a virtual sure thing if leverage is kept low so that the position can be held until the spread narrows. It's just the sort of thing Warren would do the right way with low leverage that wouldn't blow up. Can i get more than that ? details ? cases ? techniques ? application ? theory ? Please ;D

wow look at those numbers. https://www.wfbcds.com/aboutus.jsp

lolz :D

I miss him too.

I think their returns going forward will average about what they have been for the more than two decades combined record of Brindle at Lloyd's plus Lancashire, about 19.5%. Realize that about one year in ten, they may have a loss that will wipe out about 20% of their equity that would take about 4 quarters to make up, assuming that rates would go up a lot, perhaps 20% or more after a large industry wide loss. Optimistically, they could do better than that. Their first sidecar is performing better than expected, despite large industry losses recently. Their new and very different sidecar, Saltire, looks like it will be a huge hit in the market. Please see the LRE thread for more info on it. These could be expected to add about 1 1/2 to 2% to their normalized ROE. Plus, they recently locked in $130M in ten year fixed debt at a good rate. That will give them the capacity to write more business if they want to do so at a lower cost of capital during a time of firming rates after the industry feels the full impact of Sandy. :) Thx seems there is more work for me do

twacowfca What kind if returns are you looking at for Lancashire at current prices ? and did you get that ? i've been having a little problem. The company seems top notch.

thx! ;D

Thanks Biaggio I saw that stat on the old msn board. Just been wondering where it came from.

were did you get that 24 companies stat ?

personally i think its because the us housing market is improving

share the story please. :D

so they been talking about non human back than too. Thanks

The last 3 work and for some reason the first one doesn't. I've been have problem with the download file. Try re downloading 2 times. can u watch it with sound. Thx for the video very fun and entertaining. The end was very up lifting there is a lot of work to be done. :D

for some reason the first video has no sound. help ?

You are right when i look at their balance sheet almost no one has a balance sheet that can withstand the test of time. What is wrong with these people ? don't they have mortgages, families and workers to take care of?

thank you for the help