Liberty

High cottons prices are bad for Landqart, but they're good for Thurso, so you lose some, win some..

Thanks, I must've missed this, and I guess I took his "hold forever" ideal a bit too seriously for a moment. Of course he must have been selling since 2008-09...

This is probably the wrong way to look at it, but let's just pretend that he gets 3.1% dividend on average from his privately owned stocks (he probably doesn't need to sell much since he lives way below his means, so it's mostly unrealized, untaxed gains), that means he's got about 2 billion. (2,000 * 0.031 = 62). More if the avg dividend is lower (maybe he has lots of small caps that don't pay dividends, since in his private account he can invest in smaller businesses that are more inefficiently priced, so it could be a bunch more billions).

I'm watching it right now. Warren looks in good shape. Very good so far.

On the right you should see a little wrench icon, click on that. If you're in a Mac, that works too, and you can also click on "Chrome" in the topscreen status bar. See it now, thanks. If you install extensions, you'll see small icons next to that wrench. for example, the GMail extension shows you in real time how many unread emails you have in your inbox and when you click on it GMail opens, etc.. Many very useful extensions out there.

http://www.businessinsider.com/obama-warren-buffett-is-right-on-taxes-2011-8

On the right you should see a little wrench icon, click on that. If you're in a Mac, that works too, and you can also click on "Chrome" in the topscreen status bar.

On a mac if you cmd-click on the folder, it'll ask you if you want to open all the bookmarks at the same time in different tabs. on windows it's probably alt-click or ctrl-click. So if you keep only your very faves, you can quickly open them all up. And you can drags and drop tabs from the top between different browser windows or re-arrange them (figure you probably knew that, but just in case), have multiple bookmark folders in the bookmark bar, etc..

Without any context, maybe, but if you know others things that Google has done, it's obvious that they intend to keep Android open and that this move is likely to have benefits to other Android handset makers. Google runs on linux, contributes to countless open source projects, has opened the code to Chrome's browser and javascript engine, Chrome OS, and Android. This is a logical continuation of their strategy, and trying to be the sole 'owner' of Android would just hurt the platform and make it less competitive.

I'm so pre-ordering this: http://9to5mac.com/2011/08/15/official-steve-jobs-biography-set-for-november-21-release-based-on-forty-interviews/ Isaacson is a great biographer.

Apparently, MSFT might have wanted to buy Motorola too: http://gigaom.com/2011/08/15/guess-who-else-wanted-to-buy-motorola/

That is fantastic. Isn't it? Hard to go back.

Quotes from Android partners: http://www.google.com/press/motorola/quotes/

Congrats!

Chrome is based on the Webkit rendering engine, which is based on KHTML, an open source project of the KDE desktop environment. Both Safari and Chrome are based on Webkit, but the Chrome team has done really first rate work on the javascrip engine and the rending engine over the short time that the browser has been out and this has forced all the others to try to catch up. Browser wars are always very good for the users (worse time ever was after IE crushed Netscape and just stopped fixing bugs and enhancing the product - everybody was stuck with the crappy, non-standards compliant IE6 for what seemed like an eternity (which gave an opportunity to Mozilla to rise to fill up the void)). They've also brought great security and stability improvements by making each individual tab and plugin its own separate process, so that if one crashes, you don't lose everything.

Not sure if you've read some of my earlier comments in this thread and the MSFT thread, but I answer some of those questions. I think you are misunderstanding GOOG's strategy in that space and focusing on the wrong things. Like Berkshire, they are in it for the long-term.

Chances are very high that Google will create a patent pool and give access to patents to Android handset makers and try to protect the whole ecosystem. The way software patents work, everybody is infringing a bunch of patents of everybody else, the question isn't "if", it only depends if you want to sue. I suggest you listen to this: http://www.thisamericanlife.org/radio-archives/episode/441/when-patents-attack The 1B revenue for Android is missing the point. Android is much, much more valuable than that long term (both as a revenue source and as a moat), and mobile searches, from the data that I've seen, aren't cannibalising desktop searches much at all (they are very complementary - ie. more during lunch breaks, the evenings and weekends, while desktop searches are more during working hours). Motorola isn't just a bunch of patents, though, it can be a profitable business that can now become better than it has been so far thanks to access to Google's talent and money.

It's a defensive move first. Google needed the patent warchest to defend itself. Anything else is a bonus. Having hardware engineers in-house will help Google's software engineers do a better job, and Google and other Android makers now know that the platform is better defended because they know Google will jump in if there are more legal challenges. This probably makes Android more sticky, rather than less (I'm sure they'll want to be reassured about a few things, but it's in Google's advantage to give them credible guarantees). As for Apple dominating, let's play the "what if" game. What if Android didn't exist? I'm sure Apple would make a lot more money against just RIM and Nokia and Winphones and such, so it's not like Android isn't competing.

An interesting comment from another forum:

One thing that this brings into focus for me: If Motorola Mobile with its 24,500 patents and all of its hardware-making capabilities, etc, is worth 12.5b... Skype wasn't worth anywhere near 8b, IMO.

I can understand that NBHK isn't getting a high multiple, but I thought the market was usually a bit more forward-looking than that. With conversion on track and mostly on budget and a good track record of execution.. Oh well, I'm not complaining. Bought some FTP at 26 this morning :)

Motorola Mobility has 24,500 patents. Google's lawsuit problems are basically over, because they now have a "mutually assured destruction" type of defence. Also, vertical integration of hardware and software seems to be the preferred model since Apple has shown how well it can work, though Motorola certainly isn't Apple and Google probably will not integrate it as tightly. I'm still not sure what I think of this. But over the long term, what matters is the patents, IMHO. I sold my GOOG recently (I figured a 20% profit in about a month wasn't bad) to raise cash for other more undervalued stuff I wanted to buy during the crash. But they are still definitely on my watchlist and I wouldn't be surprised to own them again someday.

It also works on Google.com When you do a search, it preloads the results that it predicts you have the most chances of clicking on, so that when you click, it loads up instantly.

If you want to see fast, go in preferences and enable the checkbox that says "Enable Instant for faster searching and browsing". It takes a few minutes to get used to it, but it's pretty neat and makes it hard to go back to other browsers once you get used to it.

Thanks for posting that Bonechip, interesting to have another perspective. What did you think of the last Q and of the current price? IMHO, a 370m market cap seems crazy for all the assets that they have and all the juicy catalysts on the horizon (even without any acquisitions..).