Liberty

Welcome to the board, Libs. Way to start with a bang! :)

AFAIK he bought most of his shares with his own money when he took control over a decade ago, though his average cost is very low compared to (even) today's prices. he also spent half a million of his own money a year or two ago on buying in the public market.

https://twitter.com/elonmusk/status/348115440440066049 auto dealers trying to pretty much ban Tesla from New York state.. :-\

New interview with Musk: http://www.reuters.com/video/2013/06/19/musk-time-to-tackle-dealer-dispute?videoId=243437843&videoChannel=6

Interesting indeed. Down 25% after hours.

I wonder if SHLD has looked into working with a company like SolarCity to put solar panels on its stores. With a 'solar lease' type of deal, there would be no upfront cost, and it would reduce the stores' energy costs (at least in areas of the country where solar panels make sense). All the installation and maintenance stuff would be the responsibility of SolarCity, not SHLD.

Change at the top of Lanquart:

Q&A with alderon CEO: http://alderonironore.com/_resources/media/Tayfun_ADV_interview_GBReports.pdf

That was a good read, thanks for posting.

I started a thread about it in the Books section a while ago, though nobody else commented :( http://www.cornerofberkshireandfairfax.ca/forum/books/there's-always-something-to-do-(peter-cundill)-christopher-risso-gill/ I can't say I remember it very clearly, but I found it good and enjoyable. I'm sure I'll re-read it at some point.

http://beaconreports.net/kyle-bass-tells-beacon-reports-its-checkmate-for-japan/ Recent interview with Kyle Bass.

http://brooklyninvestor.blogspot.ca/2013/06/60-yield-cwgl-crimson-wine-group.html

Thanks. What if Eddie takes it private with Berkowitz (not buying his shares, but the two of them ending up owning the private entity together)? Wouldn't that make Berkowitz's average cost irrelevant for the small shareholder? That might not have been plan A, B, or C, but if over time they get backed into a corner, they might feel it's a way to at least reduce the headaches from being public.

Sorry if this has already been discussed ad nauseam, I still need to read all that's been written here on SHLD, but what if Eddie (and Berkowitz) decide to take SHLD private.. Why wouldn't they just do it at whatever low share price they can get? Wouldn't that be a pretty bad outcome for small shareholders but great for them (since they can then keep trying to monetize the value there -- why do they need to be public to do that?)?

Bruce has almost sold out according to his filings. :) I've seen that. But does it mean that everybody else should drop it too? :)

This thread has been awfully quiet lately. Is it because the regulars are all keeping quiet because they're buying more as the price drop? Or did something else change since the BAC settlement?

http://www.bloomberg.com/video/hollywood-beware-inside-youtube-s-25m-studio-ae6X50lTScmlfP2jvbW_Yw.html

http://online.wsj.com/article/SB10001424127887323495604578539550282302628.html?mod=googlenews_wsj J

Well, not to take away some of that, but it is a harder book than the Jobs biography, mostly because it's about events that are farther removed from us than consumer electronics and industrial design. But IMO it is a rewarding read and Franklin was truly an inspirational figure.

Interesting. I liked the Franklin bio better. The Jobs one was quite interesting too (Jobs is interesting), but it seemed like it was rushed, probably because of Jobs' deteriorating health (or maybe even because of his death -- not sure about the timeline) and wasn't quite as polished/edited. I still need to read the Einstein bio by Isaacson, though.

+1

I quite enjoyed that book on Chuck Feeney. Hope you'll like it too, hyten1!

http://travelforaircraft.files.wordpress.com/2010/11/blog-shatter-sword-cover-maryam-rostamian.jpg?w=400&h=546 http://www.amazon.ca/Shattered-Sword-Untold-Battle-Midway/dp/1574889249

Video of the shareholder meeting, 1 hour of Musk: http://www.teslamotors.com/2013shareholdermeeting

Congrats James, good one. :)