When you think you made a great purchase (Warren Buffett edition)
I consider myself a bit of a Buffettphile - but I did not even know Berkshire had a sizeable agricultural machinery operation. Sure agriculture has been good and because the capital equipment is a lean off that it has been very good. But this throw-awa...
Senseless Chinese capital expenditure: Trina Solar edition
The one thing we know about the solar panel industry is that it is glutted. Solar panel prices are collapsing as has been observed many times on this blog.
Trina Solar reported yesterday. Bad numbers as expected. To quote them as to the glut:
Despite ...
Senseless Chinese capital expenditure: Trina Solar edition
The one thing we know about the solar panel industry is that it is glutted. Solar panel prices are collapsing as has been observed many times on this blog.
Trina Solar reported yesterday. Bad numbers as expected. To quote them as to the glut:
Despite ...
Titanium Asset Management – notes on paper trading and murder
There is a story in the Sydney Morning Herald today about Titanium Asset Management - a funds manager in Western Sydney that operates as part of the Titanium Financial Group.
Titanium has been on my must-look-at list for some time. I found them when r...
Why Falcone’s plan B should be rejected
I have an old computer under my desk. Its a Toshiba laptop from about 1998. I run Puppy-Linux on it because it can't run anything more powerful.
Its good for purpose - a low powered device.
I am told by the physicists that if I use it for high-powere...
Why Phil Falcone is like the most loopy left-wingers in America
Alan Sokal, a Professor of Mathematics at University College London and a Professor of Physics at New York University published this in Social Text - a peer reviewed left-wing journal of post-modern thought published by Duke University Press....
Dear Shareholder: the woman from the Propaganda Department will now provide you information
Universal Travel Group - a Chinese company whose stock is now suspended - is no stranger to my readers.
If you need a background the initial post is much fun:
Travelling through China with the Universal Travel Group
Six months after I wrote that post...
Stocks: you can fondle them and they might put rohypnol in your drink and steal your wallet. A comment on Warren Buffett’s recent fortune piece.
Warren Buffett recently wrote an article in Fortune (a cut from his forthcoming shareholder letter) which explains why he prefers owning businesses (either outright or through the stock market) than owning currency based investments (bonds, c...
Diamond foods – what the press releases says and does not say…
Diamond Foods is a short-battle-ground stock. Anyone who looks at Herb Greenberg's twitter feed can see that. Herb loves battlegrounds.
Today the company made a repetitive press release that has me reading between the lines. Here is the guts of the re...
Lightsquared – some comments
I usually find Senator Charles Grassley's attempts to provoke spats with big-name hedge fund managers tendentious. But in his spat with Falcone and Harbinger he is right on the money. Lightsquared deserves to fail and Grassley knows it.
If you don't k...
Mr Fred allows me a victory lap…
Sir Fred was not a good man -
He had his little ways.
And sometimes no one spoke to him
For days and days and days.
And men who came across him,
When walking in the town,
Gave him a supercilious stare,
Or passed with noses in the air -
And bad Sir Fred...
Does my butt look fat in this?
Kid Dynamite summed up the case for lululemon athletica inc (always spelled in fashionable lower case) very simply. His sister, and presumably many other women, thought the clothes make their butt look good. I gather this is not original - Howard Lindz...
