MarkGillCPA

Berkshire Hathaway Stock Portfolio: At Risk of Resembling an Index Fund?

BRK is not so much an index fund as it is a closed-end fund. Going forward, I will analyze BRK by looking at its NAV relative to the price of the stock. If it's selling at a discount ot NAV, it's a buy. If is selling at a premium, it's a sell. BRK actually trades at either a high premium or low premium, but it's the same point. I suspect this NAV premium will decay over time, especially if something happens to Mr. Buffett. I know of at least one hedge fund manager who has been trading BRK using this concept over the last year with some success. Berkshire is slowly becoming Tri-Continental (TY), a closed-end fund that invests in blue chip stocks

Doug Kass Updates His Model Portfolio

Doug Kass is a great hedgie to follow. I don't know of any money manager who has made as many correct calls over the last 2 years as Kass. He spent 07 and 08 shorting stocks. Then in March of this year, he declares the March intraday low of 666.79 ( on the S&P 500) to be not only the low of this bear market, but possibly a generational low. He then goes long in his hedge funds and nails this rally.

Reality Checks for the Billowing Cloud Computing Fantasy

I currently suscribe to a few programs that are delivered via "software as a service". The programs work fine for the most part, except they are always slower than the programs that reside on my PC. To me "software as a service" is more a benefit to the provider (and to the companies selling the technology) than to the end user. How will cloud computing be any different?