long_on_oil

And Bernanke Didn't Think Unemployment Would Reach 10%

Sunnsea you are apparently a young man and the product of your liberal education. You need to study what really happened during the 80's and early 90's instead of following your liberal professors like the lemmings to the sea. Reagan made it possible for small companies to create jobs by giving tax incentives to encourage capital spending and hiring. Enterprise zones were created, taxes were cut and inflation was tamed. The Berlin wall came down and the United States was respected around the world. We weren't loved but we were respected.
The government Reagan hated eventually became what we have today thanks to our liberal educational institutions.

And Bernanke Didn't Think Unemployment Would Reach 10%

My God, we have been through this once before when Reagan got elected. For Petes sake politicians, swallow your pride and do what Reagan did. His plan set us on a path to recovery and prosperity that lasted over 20 years. We all know what he did now all we have to do is replicate it.

How Warren Buffett Is Smarter than the G20

I keep reading about deflation but when I go to the grocery store or get my monthly bills they all keep going up. Electric rates have gone up 25%, natural gas is down but my monthly bill sure doesn't reflect it. I just received my yearly homeowners insurance bill and it is up about 15%.
So gasoline is down a little from last year but it is way up compared to 3 years ago. Gold is at an all time high and commodities keep going up. We all know where health care is headed.
The only thing I know that has deflated is my weight and it is only down 1%...lol

What are you proponents of deflation smoking?

Intrinsic Value and Warren Buffett's BNSF Purchase

BNI management knows they are being acquired by a hands off owner so that is appealing to them. I love reading these Buffet articles where everyone is a mind reader. You can bet one thing and that is Buffet knows exactly what the intrinsic value is and he will not overpay for the acquisition.
We owners of BRK know this, that is why we own BRK in the first place. We have not kept BRK the past 2 years for the capital gains, that is for sure. If you were to put BNI together today you can bet it would cost way more than $200 a share. Heck, you couldn't purchase 32,000 miles of right of way and lay the tracks for that.

Berkshire + Burlington = Hypocrisy, Expediency and Full Dose of Ego?

If you don't like the TV show turn the channel. If you don't like Buffets decision then sell your shares. The way I see it he is giving 15% of Berkshire to increase earnings 40%. He not only gets rid of cheap dollars, he buys a great company with a greater future. BNI earnings based on 1.55 million outstanding BRK shares = $1200 per share. BRK's last 4 quarters earnings=$2935 per share based on yahoo earnings info.
Probably way to simplistic.

Transocean Earnings Analysis: A Buy at Current Levels

Yuck lets hope Seeking Alpha's posts don't become like Yahoos messenger. Hopefully SA will find a way to keep posts like the first two from becoming part of the article.
That being said, this is a great article and as a RIG stockholder I look forward to many more. I really like the fundamentals of RIG, I am a long time stockholder and hopefully one day I will break even again...lol
As a stockholder it would be nice to see some kind of special dividend but a nice bump in the stock price would be even better.
Keep up the good work.

Buffett's Big Rail Buy: What It Means for Berkshire Shareholders

Peak oil will force us "back to the future". Most of us will not be alive, but eventually the decline in oil will force trucks off the road and we will be using more rail. The old spurs will once again reemerge and small towns will have trains coming and going. Every Wal Mart will have a spur and most of the trucks going to small towns will disappear. We will be forced to move goods the cheapest way possible and that will be rail
Instead of getting our orders the next day we will have to wait until the next train comes to town.
This is a brilliant move by an old timer that sees the future but will not be around to live it.

Buffett Buys Burlington, Does 50-1 Split at Berkshire

Allowing small investors the ability to purchase BRK shares is a great move. If you are funding a 401k or IRA you will now be able to purchase several shares of BRKB per month rather than having to save your money just to buy one share. I see no negative to this move.
Its not like Wal Mart where the shares are so diluted that the price hasn't moved in 10 years. This move will propel BRKBs to a $5,000 equivalent which is $100 post split. I have owned BRK for some time now and I am elated.
However, I do feel this should be the last split because this sets the stage for market saturation and dilution and that is not good for the shareholders.

How Auto Bailout Is Punishing Ford

The government taking over public corporations has to be unconstitutional but who is going to file the test case. The American public should be outraged over these take overs. We are now looking at companies that will suffer huge losses like the post office. The government will subsidize the publics auto purchases much to the detriment of Ford.
The only way we can stop this is for the public to totally stop buying GM products no matter what the government offers in incentives. We have to insure the success of Ford because once Ford is gone Honda and Toyota will be the next companies in the governments sights.

We are just sitting back and watching this creeping socialism take over. I shutter to think of where this robbing us of our freedom is going to end.

Gold Is Not in a Bull Market

GLD is the ETF for going long on gold, is there an EFT for shorting gold?

For Your Perusal: The Glory of Free Market Oil Supply

I think the author is trying to show that the main oil supply comes from the Saudis and we better wake up to that fact. The fact that the Saudis can make up any shortage in the total oil supply and increase their strangle hold on us. We are not really talking econ 101 here but where the supply comes from.

Market: Spooked Today, But Panic Attack Is Likely Temporary

The slope of the dow is up but the current 200 day moving average is about 9160 so if you are a chartist what does that tell you?
Never forget the investment fundamentals.
1. A bull market ends in one day when the top is set.
2. Pigs get slaughtered
3. The market runs out of greater fools.
4. Charts never get the future right because they are based on the past. Actual activity and emotion drive the future.
5. Stealing money from tax payers and redistributing the wealth is detrimental to the stock market.
6. High unemployment and low consumer spending does not promote growth and prosperity.

ConocoPhilips: Time to Embrace Natural Gas Transportation

Why would you pay $51 for COP with it's 4% yield when you can buy BP at $58 with a 5.6% yield. Plus we all know where the dollar is headed so you can own BP and take advantage of the decline in the dollar too.
I am amazed that BP is not currently an $80 stock based on its dividend.

George Soros: The Guru Outlook

Luck has nothing to do with it. Soros contributed millions to the Obama campaign and he has been richly rewarded for it. It is amazing how much money you can make when you own the President and most of the democrats in congress.

Why Apple Is Worth $80

Stock is nothing but paper and unless you earn dividends the only way you profit is through capital gains. Capital gains are based on the greater fool theory; that is why we have market crashes; we run out of greater fools.
NEVER get emotionally involved with any stock. I have no love affair with apple and I love to read these posts of people defending the stock like they are married to it. This shows me there are plenty of greater fools left to drive this stock to $250 with no problem.