Bullshitt. Book value = shareholders equity - intangible assets Shareholders equity = assets - liabilities = paid-in equity + retained...
Still here, eh? I remember when you were crowing over every scrap of good news from the homebuilders ("Up, up and away!"). Now they're reporting...
This is a common misconception. Particularly among experienced and well informed professionals like yourself. :) Book value is paid-in equity...
I trade on book value all the time. Ever heard of closed end fund arbitrage? Hint: book value equals net asset value. Berkshire is in essence a...
<i>Maybe they simply domt believe the "book values" Buffett places on his holdings.</i> Maybe. There's no evidence for that, and I've never...
There's no question that Berkshire has underperformed since 1998 relative to the exceptional standard that was set in prior years. However, in...
I never exit a trade simply because the price is going against me. But, I never enter a trade based on technicals alone, so why would I exit a...
Read the thread. Berkshire has made about $2B through the end of 2005 shorting the dollar. Another $238M so far in 2006. Martin
Seriously? You guys really want to make the case that this unknown kid named Warren Buffett made a $45B fortune through favoritism? You think the...
I stand corrected. :) In any Unix operating system (including MacOS) more RAM will improve system performance significantly due to uncommitted...
Tums, I don't know much about the architecture of Windows kernel specifically, but in general I don't think your rule of thumb is good. Most...
There are lots of web sites out there still don't forward domain.com:80 to www.domain.com:80, including quite a few which really should know...
First off, guys, please learn to quote. Your posts are unreadable. <i>In between those two points in time, that 40-fold increase is for the...
<i>Buffet said, "... "And, again, our usual caveat: macro-economics is a tough game in which few people, Charlie and I included, have demonstrated...
<i>Having "a lot of money" would be a structural ADVANTAGE in a secular bull market.</i> Why? The advantages of a small portfolio (better...
I know this wasn't what you asked, but you can get top 25 holdings on Morningstar in a machine readable form. Etfconnect only has top 10. You can...
I use bundled commissions so I don't get hit with that specialist fee. I think in that case IB cancels and reissues the order every 5 minutes....
I agree with nazzdack. Just reduce your position size. I do not believe in stops. In my opinion, stops are a crutch. Whenever I get tempted to...
Ah. I understand. So, you wish to talk down to me rather than engage in a discussion. I wonder why that would be. Here is one reason why it is...
<i>For all his hoopla, he could present two sets of numbers, one GAAP, one GAAP according to Warren. Its not a big deal to do.</i> He could,...
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