Mandeep

bought more swiss re today. anyone else own it?

Guys, you are right about reinsurers being awesome buys. I bought into swiss re a few months back and now am looking deeper into the smaller names. Has anyone heard of ESGR? ton of cash, little debt, and pretty cheap price.

did anyone else's cut out at the end? I didn't see a part 2. Slam some of that Swiss Re, guys.

Erin is better or Rebecca Jarvis... Great interviews too btw lol

Ya that was a great speech too!

me too! obstruktion@gmail.com

Hey guys, don't know if you checked out this video yet. I liked it. Great way to look at businesses.

hahaha

I don't know. MSFT may have a shitty product but I really like the way they do business. I work for Fujitsu for sales. We are a microsoft partner in terms of consulting and a partner in terms of hardware (servers, storage, laptops). The thing that I really respect about microsoft is how open they are. Do you know that microsoft direct salespeople can't sell licenses without a reseller? For those of you that are not familiar with the IT space, usually in companies like Oracle, HP, EMC, etc, the direct salesforce actually competes with their channel partners. The direct team does not get paid if a reseller sells into their accounts. how stupid, right? Microsoft doesn't allow their direct people to sell without a reseller. Imagine what the resellers will do. It's no wonder why SHI, insight, cdw, and the other billion dollar resellers sell more microsoft than anything else and have yet to even touch their oracle lists (in reference to one reseller I just met today). -M

yep and who knows, he might have bought a ton in his personal account.

He still has that convertible preferred. The thing about buffett is he's like a liar. He didn't even purchase that much WFC or USB at under 10. That was a BIG red flag for me.

It's it funny that in April, people on this board were saying stuff like "GE will never go back to 10 again. that was a generational low." And now when it back at 10 everyone is thinking it is going bankrupt? This is no lehman brothers, guys. This is a deal-real manufacturing company. Now I intend to keep it 1 year+ at least, but doesn't the rally of the march lows prove that things in at least the stock market can change FAST? Remember GE at 5.73? or AXP at 9? USB (my fav) at 8? come on guys, relax. This is not GM or citigroup (which I also own).

of course its struggling. When did you want to buy, when they are doing good? i.e. GE 40? GE 60? Isn't that the point of value-investing? I don't get your points here....

nothing about indiv stocks. :(

they have subprime exposure in england too don't they? immelt is awesome though. You guys should check out his berkeley presentation. Other than numbers, GE is number one in every industry. Who can compete with CNBC? no one. Who can compete with their wind turbine business that makes $3B profit post tax. They got jet turbines, and locomotives too. If GE goes down, we'll be dead. push for energy/infrastructure will benefit them too. and usg is just, well usg. I don't even know why I bought it. haha.