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ForMyOwnAccount

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  • Cisco Systems, Inc. (CSCO) – This One Is A Easy Call ! ! ! [View instapost]
    Hold? My friend, CSCO is a very strong buy!
    Jun 14, 2013. 10:49 PM | Likes Like |Link to Comment
  • Cisco Systems, Inc. (CSCO) – This One Is A Easy Call ! ! ! [View instapost]
    Hold? My friend, CSCO is a very strong buy!
    Jun 14, 2013. 10:49 PM | Likes Like |Link to Comment
  • 3 Reasons Cisco Will Trade At $30 [View article]
    This is a reasonably well-written article, but it would carry more weight if the author owned shares of CSCO, which in the disclosure line he says he does not. Why on earth not, sir?
    Apr 19, 2013. 07:49 AM | Likes Like |Link to Comment
  • Buy Cisco; It's Intel Without The Drama [View article]
    Outstanding analysis of CSCO's opportunities...and it's high-cash overseas "problem". We should all be so lucky as to have a no-net-debt, cash-abroad "problem." Given prudent acquisitions, share buy backs, and increased dividends, CSCO'S stock could be a 3 bagger from this current price in the low 20's.
    Apr 3, 2013. 06:23 AM | 1 Like Like |Link to Comment
  • Cisco Systems' CEO Discusses F2Q13 Results - Earnings Call Transcript [View article]
    A generally excellent quarter! I am dumbfounded that the stock is not trading much higher.
    Feb 22, 2013. 10:44 AM | Likes Like |Link to Comment
  • George Lucas registers to unload (S-3) his 37M share stake (about $2B, or 2% of the firm) in Disney (DIS). He received the shares when selling Lucasfilm to the company. [View news story]
    Lucas should see DIS shares as a strong, long term hold. I do not agree with his selling of these shares.
    Feb 6, 2013. 10:13 PM | Likes Like |Link to Comment
  • George Lucas registers to unload (S-3) his 37M share stake (about $2B, or 2% of the firm) in Disney (DIS). He received the shares when selling Lucasfilm to the company. [View news story]
    Lucas should see DIS shares as a strong, long term hold. I do not agree with his selling of these shares.
    Feb 6, 2013. 10:13 PM | Likes Like |Link to Comment
  • Cisco (CSCO -1%) says it will challenge the European Commission's approval of Microsoft's $8.5B Skype acquisition, seeking to prevent MSFT from tightening its grip on web-based video calling. Cisco, who is making a big play on enterprise video, isn’t seeking to retroactively block the Skype deal, but it wants restrictions to ensure interoperability with systems from other vendors.  [View news story]
    This is a smart move by Cisco, who must protect its dominance of the enterprise video, called Telepresence. I have used Telepresence, and it is as if the people you are talking to many miles away are right in your conference room.
    Feb 16, 2012. 07:15 AM | Likes Like |Link to Comment
  • The Long Case For P.F. Chang's China Bistro [View article]
    I disagree with the above observation about the dining experience at PF Chang's. I was at the one in Renaissance Mall in Ridgland MS, and the service was fantastic, the food delicious, and the whole joint was clean as a whistle -- and jam packed. So I disagree that the reason for the wait is not that it is crowded but lacking in bussed tables. The place is crowded and hoppin'!!! This is an outstanding dining experience and an excellent acquistion candidate for a large, multi-themed restaurant holding co. that is looking to raise its average ticket price.
    Dec 9, 2011. 03:00 PM | Likes Like |Link to Comment
  • Buffett Sets Better Example Than Greenberg in General Re Testimonies [View article]
    I am amazed at these last two very well informed comments! Ravi, yours was well-intended, and I thought you defended reasoning with a balanced and thoughtful answer. You are worthy of a higher ranking as a Commenter, and I hope serious investors will visit your own content-rich website and buy your Briefing Book.

    In general, the high level of commenting and instablogging like this is what makes SEEKING ALPHA such a high-quality forum for good debate and honest discussion regarding issues of importance to investors and traders.
    Mar 9, 2010. 09:43 AM | 1 Like Like |Link to Comment
  • Buffett Sets Better Example Than Greenberg in General Re Testimonies [View article]
    Sir:

    This is an unfortunate and misleading comment. I have spent considerable time reading the transcripts at trial and the background information on how the case against AIG morphed into a case against Gen Re. You focus on Buffett's "openness" relative to Mr. Greenberg's, and you focus on Buffett's post-settlement remarks.

    To do so is to miss the real point. The real point is that Mr. Buffett played a substantial role in this transaction, including setting the $5 million fee. Yet he was not subpoenaed and not required or even asked to testify at the trial. There is substantial publicly available information regarding Mr. Buffett's role in the transaction that suggest he is no less --and no more -- culpable than at least two of the four Gen Re executives who took the fall: one, Ronald Ferguson, GenRe's former CEO and a one-time board member of Berkshire Hathaway, the parent company; and two, Elizabeth Monrad, GenRe's former CFO, who is arguably the least blameworthy of all the defendants in this multi-defendant trial.

    I believe this comment is misleading. The real focus should not be on how Mr. Buffett handled himself vis a vis how Mr. Greenberg handled himself. That is superficially true what you say. The real question is, was Mr. Buffett not involved in the details of the transaction yet get a free pass simply because he is Warren Buffett? I spent years worshipping at the Berkshire altar, probably starting from about when you were born. But there is something terribly, terribly wrong about his not having been ordered to testify at the trial of his GenRe managers. So the larger question is: Is Warren Buffett, because of his stature as one of the most respected men in the world and brilliant ability to take cover behind his underlings, above the law?

    You make many good comments. You parse the Berkshire annual report well. You do some good analytical work. But you do not ask the larger question: Who is the "we" that did something wrong? And if he is one of the "we," and if he only makes reference to civil fines and not criminal sanctions imposed on his managers, then why shouldn't the entire matter have stayed on the level of civil fines only? Put one way, why was he unwilling to make a withdrawal from his Bank of Reputation to keep his GenRe executives from going to prison? Put more bluntly, why did he not stick up for his managers? This should have stayed civil and never gone criminal. But once it did go criminal, he and Berkshire's law firm, Munger Tolles, could have and should have helped Ferguson and Monrad demonstrate to the judge and jury in the case that they had no criminal intent, just as I believe that Buffett had no criminal intent. All he had to do was say exactly that, five words, "they had no criminal intent," and it would have shut the criminal case down. I'm all in favor of civil fines if in fact there were civil infractions. But this case got over-criminalized, and the one man who could have kept that from happening did not step forward. Why?
    Mar 7, 2010. 09:11 AM | 3 Likes Like |Link to Comment
  • Liberty CEO Confirms Potential Buyout of Sirius XM [View article]
    Dear Mr. Matthews:

    I believe you bring real value added to the valuation debate about SIRI. What is your background, and would you be willing to disclose what percent of your net worth is in SIRI and how much of your income derives from an affiliation with SIRI, either as a seller of their products or even possibly as an outright paid consultant?

    I mean this as a positive question. This is not a trap question.

    Thanks.
    ForMyOwnAccount
    Mar 1, 2010. 08:02 AM | 3 Likes Like |Link to Comment
  • Warren Buffett Portfolio: Going Beyond the Folksy Stereotypes to Find All-Star Stocks [View article]
    Dear Mr. Gerstein:

    Would it be rude of me to ask you to write shorter articles in the future? Maybe read a little Strunk & White in between your reading the Berkshire annuals and your Graham & Dodd?

    Just a suggestion. A good copy editor could have helped you make your excellent points in an article one-third the length of this one.

    Very respectfully,
    "ForMyOwnAccount"
    Feb 25, 2010. 01:30 AM | Likes Like |Link to Comment
  • WHY I HATE DIVIDENDS [View instapost]
    The above series of comments are all excellent. The greatest way to really test one's hypothesis or prejudices is, as Einstein said, "invert, always invert." In other words, if I am against the death penalty and you are pro death penalty, were we to be forced to get up on a stage in front of thousands of people and argue the OTHER side's case, then we may begin to understand the other side's position better if we had to make the argument for them. It is important to stay flexible, to move away from snap judgments and stubborn adherence to a view once it's been discredited. With all due respect to the "I love dividends" crowd, I still see greater long term value created by high ROI firms if they retain their earnings than if they pay them out. Therefore, I am solidly in agreement with Mr. Jackson's position yet still do not see the argument FOR paying dividends except when there is no ROI on new projects. Again, thanks to all for creating this lively and useful debate....To Div or not to Div, that is the question!
    Feb 9, 2010. 01:58 PM | Likes Like |Link to Comment
  • 5 Best Investment Reads of the Year [View article]
    No question that THE GREATEST TRADE EVER is among the best this year. Other than that, no matter how over-exposed Warren Buffett may be, Alice Schroeder's bio of Buffett, entitled SNOWBALL, hs to be near the top of most people's list.
    Jan 10, 2010. 09:20 AM | Likes Like |Link to Comment
COMMENTS STATS
22 Comments
12 Likes