Buffett Jr

The Reagan Counterrevolution

You make no sense with this line.

"What nearly all politicians, on both sides of the aisle, fail to understand is that the current contraction and credit crunch is necessary to restore order to an economy that is horribly out of balance. Years of misguided fiscal and monetary policy and market-distorting regulations have resulted in reckless borrowing and spending on Main Street, pervasive gambling on Wall Street, and rampant fraud and corruption at every intersection."

You say regulations were the problem yet recklessness were too in the same breath. If they had been better regulated the recklessness could not have happen. Look you made a great call with the housing collapse but don't get fooled by randomness. You can't be right every time and this article is proof of that.

Three Solar Picks That Should Thrive, Even with Reduced Subsidies

You forgot LDK.

More Downside Ahead for Solar - Barclay's

How many times do analysts have to be dead wrong before people start ignoring them? The time to downgrade was in May, not here at the bottom.

Taking Profits - Thanks, Obama

I don't think Obama is being a Robin Hood. The rich are sucking up disproportionate amounts of wealth. The Average CEO makes over 1000 times the average employee. Does he really work 1000 times as hard, could he not live with 500 times more? Those at the top hold the purse string and if no one forces them to give up some of the gains from the fruit of our labor than they never will. Don't kid yourself they will still be greedy and still do business here, but if the little guy can get a piece of the pie than America is a more equitable country.

Murdoch Biographer Disses MySpace

I don't know something about myspace seems so chumpy. I think they will go the way of AOL.

China: Wind Power for 1.3B People

I understand and share some of your skepticism about APWR but that is priced into the stock right now. I've researched it as much as I can and come to the conclusion they are legit. I don't think they would have distribution agreements with Fuhrlander AG if they weren't serious about the wind business. Fuhrlander is also training APWR staff. So if you believe Fuhrlander is legit you can take some comfort in the fact they are working with APWR. They also have deals with Norwin A/S You can see the press release on their website. With Apower's subsidiary GaoKe www.norwin.dk/ check May 2007.

China: Wind Power for 1.3B People

I am interested in APWR but there are some lingering doubts about their legitimacy. I think they look good on paper but I'd like to see some actual deals go through and some big name analysts covering them.

Expect Continued Drops in Solar

I also own APWR as the above poster mentioned. For me solar is too complicated, too many spot prices and players in the game. Technology still evolving fast. APWR is more easy to understand and fundamentally strong. Do your own DD.

Enjoy the Strong U.S. Dollar While You Can

TBT may be the best way to play this.

Google Layoffs: How to Reverse a 55% Stock Decline

I think it's great news and make those overpaid pricks start brown bagging too.

Is Buffett Really Losing His Touch?

I agree my son.


On Nov 13 11:46 AM granger wrote:

> Add time and all will be amazed.
>
> Even if Buffett is not here 15 years from now (hope he is). His
> holdings and purchases of the last few years will look brilliant.
>
>
> Just my opinion.

A Bright Future for American Superconductor

I am long APWR but am not a cheerleader for the stock and admit it has it's flaws however you are way off base and show a lack of Due diligence. They never claimed to have wind turbines up and running by November. They claimed to be receiving the parts from their partners in Europe Furhlander and Norwind in November. 1st Q 2009 is the target for rolling out the turbines. As far as the CFO yes that was a black market but it had nothing to do with finances being shady. He violated NASDAQ regulations by working for two companies at once.

I don't know what you expected from the stimulus PR do you want China to spell it out for you? They are investing huge in wind and solar and other cleantech. Pollution and energy independence not the price of oil alone are factors in this.

As far as your prediction under 4. Sure this market is wild and anything is possible but I would be very careful if you are short going into earnings just a few weeks out.

Lastly they have 0 debt and already thriving Distributed power generation business. Wind is just the icing on the cake.

Greed, When Others Are Fearful, Is Good

Totally agree with everything you wrote and nice graphs. I'm sure some will come on and post how everything has changed and we are entering a depression. To them I'll sell to you at the next top.

Why Oil and Gold Are Headed Much Higher

Personally I think Gold has had it's chance to prove these lofty predictions. All the reasons for gold to be making new highs everyday are already here. The fact it is falling tells me the days above 1000 may not come again for some time. You can always make excuses as to why it's moving in either direction but the tape doesn't lie.

Cramer's Now a Market Timer?

I completely agree with everything you wrote. I didn't hear what Cramer said but he doesn't influence my investment choices anyway so that part is not relevant to me. The game has not changed. The statistics you put up seem very viable to me. I do admit I like trading and market timing but I do so with less than 10% of my portfolio and honestly my LTBH always beats my market timing picks I trade for the thrill but not because I expect to get rich from it.

One other thing LTBH doesn't mean throwing a dart onto a wall full of tickers and thinking you will get rich. It takes deep research and patience and the discipline to get out of things fundamentally change as well as ride it out when they haven't but the market is not acting rational.