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  • Charlie Munger: 'We've Screwed Up'  [View article]
    Remember when Greenspan said Wall street would police itself. What was he thinking? and he was supposed to be the SMART one.
    May 20 16:12 pm |Rating: +11 -1 |Link to Comment
  • Charlie Munger on Economics: Excerpts from 2003 Speech  [View article]
    Actually it was greed and outright fraud.


    On May 05 09:42 AM Ferdinand E. Banks wrote:

    > The fact of the matter is that Enron was a brilliant
    > firm whose appetite outran its talent.
    May 05 13:12 pm |Rating: +2 0 |Link to Comment
  • Is Buffett Really Losing His Touch? [View article]
    Doug Kass needs to get his head outta his #$!

    Until Warren gets dementia (if he ever does) he'll always be the worlds best investor. Besides, with a portfolio that big, I don't think anyone else in the world could do better.
    Nov 12 11:46 am |Rating: +1 -2 |Link to Comment
  • Buffett Warned Us in 2003 [View article]
    Apppro, give me a break, and Warren too. Whats he supposed to do? Buy these terrible companies that have shot themselves in the foot just so he can write the purchase off when the dust settles. Thats the most ridiculous thing I've ever heard.

    He has a responsibility to Berkshire's shareholders and if he "helped" out like you're saying he would have done nothing but harm them.
    Sep 18 15:24 pm |Rating: 0 0 |Link to Comment
  • Lundin: The Biggest Family in Natural Resources [View article]
    I followed EuroZinc Mining before they were acquired by Lundin Mining and let me tell you Lundin did a terrible job. EZM was a terrific mining company with excellent margins and a huge mine with incredible expansion possibilities. Standing alone they would be a great mid-tier miner. The Lundin's acquired the company at an incredibly cheap price (I believe the EZM CEO was in their pocket and kinda pressured the BOD to give a favourable recommendation). The purchase was fully funded by issuing LMC shares which in turn diluted the company so much that their per share earnings are now lower than they were before even though they got the incredibly lean and profitable EuroZinc.
    Jul 31 12:12 pm |Rating: 0 0 |Link to Comment
  • Yet Another Reason Not To Sell Your Berkshire Hathaway Shares [View article]
    LOL, thats what you get when you offer a market order. Everytime a trader sees a market order on screen the sound "CaaaaChing" must ring in their heads.
    Jun 05 13:27 pm |Rating: 0 0 |Link to Comment
  • Why Kass Is Wrong About Berkshire Hathaway [View article]
    Anyone that would bet against Berkshire and Warren must be crazy.
    Jun 05 13:25 pm |Rating: +1 0 |Link to Comment
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