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Mike Serebrennik

 
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  • Berkshire Beyond Buffett: A Lasting Bet- Book Review [View article]
    Actually I wonder if BRK won't do much better post-Buffett. Someone Icahnesque could spin off some non-core stuff, unlocking value. Icahn would certainly not shy away from telling KO to stick their stock-based compensation plan where it belongs.
    Aug 18 09:29 PM | 1 Like Like |Link to Comment
  • TARO Is Eventually Going To End Up With One Share Left. [View instapost]
    Dang, I wish I heard of this one a couple years ago.
    Aug 18 09:08 PM | Likes Like |Link to Comment
  • U.S. Navy to assess Lockheed Martin industrial exoskeletons [View news story]
    Nah, FORTIS is for work. You want this: http://lmt.co/1uPzEl6
    Aug 18 09:03 PM | 1 Like Like |Link to Comment
  • U.S. Navy to assess Lockheed Martin industrial exoskeletons [View news story]
    No, they cannot. They are unpowered. HULC may be more suitable:)
    Aug 18 11:29 AM | 1 Like Like |Link to Comment
  • U.S. Navy to assess Lockheed Martin industrial exoskeletons [View news story]
    http://lmt.co/1BtNRWE
    Aug 18 11:28 AM | 2 Likes Like |Link to Comment
  • Coca-Cola's Investment In Africa Impacts Its Stock [View article]
    Before you invest in coke: http://1.usa.gov/1pVmBdC
    Aug 17 11:27 PM | Likes Like |Link to Comment
  • Tracking David Winters' Wintergreen Advisers Portfolio - Q2 2014 Update [View article]
    I second that.
    Aug 17 11:08 PM | Likes Like |Link to Comment
  • Africa Opportunity Fund: Unappreciated, Underestimated And Undervalued. [View article]
    Before you invest in someone (or some place's) future, ask yourself why the future hasn't yet arrived there, and why that will change.
    Aug 15 03:00 PM | 2 Likes Like |Link to Comment
  • HBO, Cheap [View instapost]
    I can attest to similar tactics working very well for car purchases. Of note is a nifty service offered by http://bit.ly/1oxXH5J, which I personally used with ease and success.
    Aug 14 03:49 PM | Likes Like |Link to Comment
  • State Attorneys General Target E-Cigarettes, Which Philip Morris Hoped Would Transform The Industry [View article]
    Philip Morris International and former parent company Altria have agreed to share their technology for electronic cigarettes, but to my knowledge, PM and Altria will still market and sell products in their respective territories as defined now.

    This means PM has and will continue to have no US exposure.

    Which effectively sends this article to the circular file.
    Aug 13 06:35 PM | 2 Likes Like |Link to Comment
  • KMP an after-tax loser in Kinder consolidation deal, Wells Fargo says [View news story]
    It's OK to be in the market, as long as one doesn't imagine he is in the same situation as a billionaire company founder. At least one's view of the transaction should originate from his own perspective - not everything that's good for RK is good for individual investor.
    Aug 13 04:43 PM | 4 Likes Like |Link to Comment
  • How Loony Is It Getting? Three Tales From The Deep [View article]
    EBAL is commonly used by Russian companies...
    Aug 13 04:22 PM | Likes Like |Link to Comment
  • KMP an after-tax loser in Kinder consolidation deal, Wells Fargo says [View news story]
    That's like a dinghy saying "A dreadnought has to take enemy fire too, I'll go to battle with it."

    Richard Kinder has resources available to him that most people cannot even dream about.
    Aug 13 04:19 PM | 2 Likes Like |Link to Comment
  • How Do You Hold Cash When Realty Income Or AT&T Are Available? [View article]
    The author stated: "...there are three basic outcomes in the market. The possibilities include: higher prices/valuations, lower prices/valuations or roughly similar valuations (which consequently mean higher prices) in the future. Thus in 2 of the 3 scenarios, you want to be invested rather than holding cash."

    -The above is meaningless without considering the likelihood of each scenario. In an overvalued market, a move towards lower prices/valuations may be more likely than the other two scenarios combined.

    The author continued: "cash is useful in the sense of an emergency fund. However, any amount beyond what is required is losing purchasing power over time."

    -Cash may be losing some purchasing power over time. However, these losses can be more than made up during a significant market correction (by buying cheap stocks). Since markets can easily correct by magnitude that comfortably exceeds multiple years worth of inflation, optionality of cash can easily trump years of inflation losses.

    Another important thing is that some people tend to underestimate the needed size of the emergency cash fund.
    Aug 13 01:03 AM | 3 Likes Like |Link to Comment
  • How Do You Hold Cash When Realty Income Or AT&T Are Available? [View article]
    Mr. Hussman disagrees: http://bit.ly/1nGRNt3
    Aug 12 09:18 PM | Likes Like |Link to Comment
COMMENTS STATS
473 Comments
548 Likes