Parsad

- I saw Berkshire Hathaway listed amongst the holdings of AIC Mutual Funds, which I owned. - I looked up Berkshire Hathaway on this thing called the "internet" on my Microsoft Webtv in 1998. - I stumbled across the new Berkshire Hathaway website and read one of Buffett's shareholder letters. - I started selling all of my investments to buy nothing but Berkshire Hathaway B's when the share price fell. - Searching on the internet, I found the MF BRK Message Board. - I met John Zemanovich (Lotsofcoke) on the MF Message Board. - He invited me to the Yellow BRK'ers Party in Omaha in 2001, where this skinny guy who still had some hair named Mohnish Pabrai was hanging around. - Standing in the reception area of the Omaha Golf and Country Club, I almost walked into Warren Buffett & his daughter Susie...Susie took a picture of me and her father. - I left my job and worked in the mutual fund and insurance industry after meeting Buffett. - I started buying stock in a company called Fairfax Financial whose website I stumbled across. - MSN Berkshire Hathaway Shareholders Board launches for me and a few Berkshire friends. - We start to interview people like Mohnish Pabrai, Tim McElvaine, Larry Sarbit, Andy Kilpatrick, a young Sardar Biglari! - Hordes of Fairfax shareholders start flooding the board, because of the short attack on Fairfax. - I leave a message on the Investor Relations contact for Fairfax telling them something is happening with their stock, and it looks like a coordinated attack. - I write a letter to Prem Watsa thanking him for the letters he writes...he invites me to come to Toronto, but I could not go at the time. - Two years later I finally get to my first Fairfax meeting. Prem, JoAnn and Francis have arranged for me to spend the day at Fairfax's office...I start the Fairfax Financial Shareholder's Dinner with nine people and Francis surprises us! - I come back and quit the mutual fund and insurance business and start Corner Market Capital with my cousin Alnesh...our very first partner is our future director and part owner Andrew Cooke...who happened to work as a consultant to Fairfax! - We hold our annual meeting alongside Fairfax's meeting and the dinner. - Three years later, JoAnn passes away from colon cancer and we hold the dinner in her memory with proceeds going to the Crohn's & Colitis Foundation of Canada. - Sold a portion of the General Partner to our two directors...Andrew Cooke and Glen Rollins...they are an intricate part of CMC and MPIC Funds now! - The shareholder's dinner now has 145 people attending, with 12+ speakers, and we raised $13,000. - CCFC asks me to help organize the first ICE Gala in BC with a goal of raising $200,000! - Corner Market Capital passes it's 6th Year of Operations! While there may be a certain amount of opportunity in the above, the bulk is sheer dumb luck...fortunate enough to stumble across good people, good mentors, good partners and good friends! Cheers!

China is slowing too, and it was mostly Chinese and European buyers pushing up prices. As well as those that made money in the Oil Sands and other commodities. The hot money isn't flowing as briskly these days and prices are falling. I just sold my house and there were few offers...sold it for about 12-14% less than it would have gone for last year. Cheers!

U.S. bankruptcies are stabilizing and look to be dropping. Cheers! http://finance.yahoo.com/news/u-bankruptcies-pace-fall-pre-160748142.html;_ylt=AnitYlLTMWAlnD6A5t5e_KKiuYdG;_ylu=X3oDMTRwMXRja3U1BG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnA2RlYzJkMGU5LTZhZDItM2MxZi1hNmUyLWYyODY0NTlkNmQ4OARwb3MDMQRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyAzM2ZTUzZDkwLWM2YmMtMTFlMS05ZjdiLWIzNTU3YTJmMDdiYQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

The same brick wall that always stops them... Kobe Byrant ;D That's pretty good! ;D Although, I think if anyone is going to fit and make that team work personality-wise, it would be Nash. Cheers!

How about we just let Prem and the team do what they do, since they are better at it than all of us. ;D Although, I think stepping in and doing more preferred type deals or acquisitions of private businesses in a cash crunch is probably a good bet...stuff that guys like Berkshire and Leucadia do. People all over the world need money for their businesses and Fairfax has plenty when money others don't. At the same time, remember that all of the private equity/hedge fund guys are competing against them, and they tend to overpay, whereas BRK, LUK and FFH won't. Prem, like Buffett, will go to work when things are really tight for everyone else. Cheers!

I've been having a great day with various things occuring today, and now the piece de resistance. Lakers acquire Steve Nash...showtime is back in LA baby! Kobe, Nash, Gasol, Bynum & Metta...whose going to stop that line? Cheers! http://www.sportsnet.ca/basketball/2012/07/04/nash_signs_with_lakers/

Yeah, Alnesh, my brother and I have a bet going on who can lose the most weight before the wedding. The winner gets a suit from the other two. I was winning, but then I went on a potato chip and softdrink binge for a week and a half during the Euro Cup...now I've got alot of catching up to do! Cheers!

Joey Chestnut has won his sixth consecutive Nathan's Hot Dog Eating Championship! Why is this on here? Because I've always liked the Nathan's franchise. Cheers! http://www.bloomberg.com/news/2012-07-04/chestnut-wins-sixth-consecutive-nathan-s-hot-dog-eating-contest.html

The same birthday as Geraldo...oh no! Great cards guys...thanks very much! Cheers!

Ahaha, "Too big to Flail"... I believe that act also covers the Cholesterolized Dietry Obligations (CDOs). That's a good one too! I'm pretty sure any minute now, a bunch of boardmembers are going to personal message me and tell me that this joke has run its course. Cheers!

Paul, That actually looks like me...except the monkey is a bit skinnier and I have a goatee! ;D Cheers!

Absolutely wonderful speech by Michael Lewis at Princeton! One of the best grad speeches I've ever heard...short, but perfect. Thanks to David for sending it to me. Cheers! http://www.princeton.edu/main/news/archive/S33/87/54K53/

No insurance, but those risks come with the job. That's why the premium service fees are so high...customs and tax! I also specialize in Vegetable Derived Condiments' Pairings with said "Burgers". Unfortunately, under the McDonalds-Franks Act, we are no longer allowed to advise on Vegetable Derived Condiments. You know, we fall under the "Too Big to Flail" category, and there is tremendous risk that after too many of such condiments, we won't be able to fit on tread mills anymore...high carbs and all that! Cheers!

Thanks guys! Much appreciated. I've spent about half my birthdays in the U.S., as I have family in Seattle and I would go down there alot and we'd all watch the fireworks in Elliott Bay. Unfortunately this year, I'll be watching the fireworks on the tv tonight, as I'm going to Vegas for my brother's stag next week, and I was in Seattle on Monday helping some family out but had to be back at the office Tuesday. Cheers!

I don't gamble, so I won't be playing, but my friend does and he's pretty good at poker. About ten of us for my brother's stag, so hopefully some of them get lucky...at poker that is! ;D Cheers!

If I review a burger and post the review can I join the board for free. And, do I have to post a new review every year to maintain my membership. Al, do you really think everyone has the talent for this? If everyone could do this, would it not have been done already? It takes a visionary to do this. I just thought for a moment that Sanjeev has mixed up July 4th with April fools day,... LOL No just my birthday tomorrow and I was wondering what my eventual legacy will be? Corner Market Capital...no! This board and all the friends I made here...hell no! It's a premium, subscription-based, monthly burger review service. That's what the world needs! Cheers and Happy 4th to all my U.S. boardmembers!

I'm sure there will be lots of questions. Cheers! http://finance.yahoo.com/news/rim-hold-annual-general-meeting-220000914.html

That was a pretty good letter. He said much of what I wanted to hear. You can say much about the RIM situation, but one thing it is not is boring! Well shareholders definitely aren't bored right now. Not sure they are entertained either! ;D Cheers!

2 beers and 20 burgers, or 2 burgers and 20 beers? Cheers!

Heins writes an article for Globe & Mail on RIM. Good letter, but he'll have to back it up. They are way behind and it's going to take alot to just remain in the game, let alone catch up. Cheers! http://www.theglobeandmail.com/technology/rim-will-empower-people-like-never-before-heins/article4385940/

I'll drop your subscription fee by 5% then, as I will save both on Fedex shipping costs and pant sizes! ;D Cheers!

Some suggestions by Mark Cuban on personal finance: Tip: Unless you know an industry or company better than everyone, keep your money anywhere but the stock market. Pay off debt. Search online for the best price on items your household needs. Pay local merchants in cash, while still paying sales tax. You’ll never lose money or sleep. You’ll never care what the market is doing. You’ll control your financial destiny. I agree with pay off debt and search for the cheapest prices, but can't believe he said the stock market thing and have no idea about the paying local merchants in cash while still paying sales tax. Cheers! http://www.bloomberg.com/news/2012-07-01/billionaire-catsimatidis-says-buy-jpmorgan-as-cuban-shuns-stocks.html

That's why I'm not married! I can't eat the same thing every day. ;D Cheers!

I checked my calendar to see whether this is April 1st or not. But burger joint recommendation probably will be worth it. In fact, information about when you will be going out for lunch will be highly valuable, based on my little experience. ;D I expect to receive delivery and chow down on the burgers on days where Fairfax stock has been stagnant...pretty much the last year! ;D I believe Prem also needs my help, and my extraordinary abilities to move stock market prices by my eating habits is a gift from God...or maybe Anthony Bourdain...not sure! On that note, I remember when you guys first started posting that whole lunch thing and FFH price on the old MSN Board. Even JoAnn Butler, Prem's assistant, used to email me on days where the stock moved up dramatically and ask me "Are you eating lunch?". Cheers!

Einhorn is in the final 8 at the World Series of Poker $1M Buy-in. The winner gets $18M. Cheers! http://www.bloomberg.com/news/2012-07-03/einhorn-is-among-eight-still-playing-for-poker-s-biggest-payout.html