Jurgis

CKI is thinly traded in Canada as it is. USA volume - or actually lack thereof - is pathetic. Be forewarned.

Thanks. :)

globalfinancepartners, I don't think there is need to put jobyts on the spot. His/her goal is possibly reasonable but not achievable in this forum. Let's leave it at that. 8) Peace

Does anyone know offhand where did the share count drop come from? (I might dig later, asking in case someone already did). Thanks

I am still not sure if Nadella is a good consumer-facing CEO. I am pretty sure he'll do well in enterprise. But consumer products... well, there's a gulf from HoloLens prototypes to workable product. I am also not sure it's safe to just abandon the smartphone area like this guy suggests: It's like telling Apple in 1990: "That PC battle is already fought and lost. Hey, wait another 15-20 years and you might capture the next platform". In terms of MSFT stock, I think there is still a big risk of the revenue/profit falloff from moving to "almost free" Windows/Office. I am afraid that this falloff won't be covered enough by enterprise. Currently no position in MSFT stock.

I hope Musk continues to hit milestones well and doesn't get into situation where shareholders revolt and kill his long term plans. I'm not sure the stock is a good investment, but I really hope that the company does well for the benefit of us all. 8) Peace.

If name tags are not prefilled with "actual info" (from payments?), they would allow people to maintain whatever level of disclosure they want from writing "Poster1" to "Joe" to "Joe Schmidt, Lolapalooza Capital". Sorry if I am just paraphrasing what you already said. :)

Thanks rkbabang for your real-situation comments. I am trying to get feedback from various people and then I'll decide what to do. I'll let you guys know if we decide to buy one. Take care.

I disagree. :) I think there is a subset of people who believe Buffett is key to BRK (there was even a poll on this site about it). And these people will unfortunately dwell on it. Personally, I also believe Buffett is key to BRK. Also personally, I would not constantly ask him when he's gonna die and whether he has a successor. I don't care about the second (I am pretty certain to sell BRK when Buffett dies) and I think the first one (asking him constantly) does not accomplish anything. So, yeah, I'd rather people stop asking him that, but I don't see it happening. Peace

I have saved BRK annuals that I have in paper form, but I don't intentionally collect them. I have some WSC annuals. I have recently gone through my old annual pile and threw away tons of stuff: really eclectic collection from 199X to now. Don't remember exactly what I kept. Perhaps some mutual fund reports...

Some great info (p*87 8) ) Can you elaborate on: Is this from captive businesses? How did you account for BRK selling stocks and reusing this in internal businesses? Thanks

I might just get this for backup... We were thinking about backup generator for storms, but this seems to be much simpler solution. Might not last as long as a generator, but won't need upkeep, bigger natgas line, etc. Anyone sees any drawbacks with this for a backup use (in New England area if that matters)? I'm in New England as well, southern NH. I'm thinking about the last 4 or 5 years and we've lost power at my house for over 24 hours a number of times (the last one being Thanksgiving day) and for over a week once. I think a generator is still the only viable option. This battery solution would work great when you loose power for a couple of hours, but you would still need a generator for the longer term outages. Hmm, you think 10KWh won't last day+ with minimal use at the house? We won't run washer/dryer. I guess minimal use of cooking range. My concern is really to have the heating going through the outage.

Yeah, that would be better, but I don't think we have time-of-use electricity pricing. Maybe we'll get it who knows. I also thought about getting solar panels, but with the winter snow cover, I don't think I want to make that investment. (Also worried about gunk and mold accumulating between panels and roof and possibly damaging the roof faster).

I'd go with reversion to mean and "cure for low prices is low prices" to predict that medium term we will revert to some inflation. So I hope that Watsa finds a good time to sell deflation positions. This does not mean that we won't see deflation shorter term. But, yeah, I am no expert and I'll defer to Buffett being wrong about inflation for the last 15+ years. ;)

I might just get this for backup... We were thinking about backup generator for storms, but this seems to be much simpler solution. Might not last as long as a generator, but won't need upkeep, bigger natgas line, etc. Anyone sees any drawbacks with this for a backup use (in New England area if that matters)?

Yeah, poll would have been better. But any new people can still vote on rkbabang's linked thread.

My feeling is that GLRE and TPRE are rather crappy (re)insurers. That plus 1.5 + 20% is rather significant tailwind against Einhorn's and Loeb's investment prowess. I start to doubt that GLRE and TPRE will outperform the market long term. I don't like Mr. BigLarry very much, but I liked what he presumably said about the (re)insurance wannabes at 2015 Big meeting: "Everyone wants to run (re)insurance company and then... they hit the reality (and the regulators)". I am starting to think that Ackman was right to IPO PSH as non-insurance company. At least he did not go into a business where he does not have an edge.

This is a strawman argument. First of all, you have no data how often such situations happen. Second, the same situations happen with human drivers on board and obviously they cannot make any choice - they are not fast enough or clear headed enough or aware enough. So it is obvious that automated car will make a better choice whatever it chooses. Like JBird said, it could just slam on breaks and hope for the best. Note that it will detect the person faster than human and it will slam on the breaks faster than human. So even if the person on road dies, they would have died with human at wheel too. You could as well make the same argument to prohibit humans to drive cars. Cause obviously they cannot t make decisions in situations like this and liability may bankrupt them. Yet, we allow people to drive. If you are concerned about liability, let car manufacturers and insurers work it out. It's not your problem. I am sick and tired of hearing this old and - sorry to say - broken argument.

OT. I completely agree with Petec.

I will answer this during a scheduled slot for answering questions like this.

Will look forward for the wall print online sales. Please post here when you have it available. Thanks

File another one under a lazy reply. :P Just FYI Greenblatt showed outperformance of equal weighted and value weighted funds http://www.valueweightedindex.com/ So, yeah, you can outperform via easy methods.

Buying a set of companies instead of index and "not looking" would be a fun exercise to see how many of the companies listed in this thread survive for next 20 years... 8) My guess right now is not more than 80%. The number of companies outperforming an index over 20 years will be likely much lower than that. But that would be the fun part. Where's the fun in holding index...

Wow, it looks like NetJets continues to be a headache for Buffett. I wonder if he's gonna throw Tracy at the problem and if she's gonna succeed in solving it somehow...

I looked at Google Fi. The rates are good and I like the international coverage (this comes from Tmobile - that's why I currently have Tmobile). The only issue right now is that Fi only supports Nexus 6 which is $649/699, which is too expensive IMHO.