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    You think it’s a buyer’s market for new cars? You ain’t seen nothin’ yet.

    ByLo, You have provided some insightful analysis over the years, but I feel you are getting too bearish for your own good. Fine there is overcapacity in everything, and in cars its just normal when the buying machine stops without notice there is going to be excess inventory, there are no...
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    Buffett vs message board amateurs - the 5 year challenge

    He has always refrained from talking about the stocks he is buying because too many times he observed that they escaped his price range. I wonder why he is talking now? Did he write an article in 1974? 1990? Why? Does he think this thing is going to spiral downward until hell freezes over...
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    Sam Zell On Credit Crisis: "It's Not That Bad"

    i just love these old school guys...warren buffet, carl ichan, sam zell...mad respect
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    Tribune

    The Tribune Company (NYSE: TRB) Tribune has operating businesses in publishing, interactive and broadcasting. In publishing, Tribune’s leading daily newspapers include the Los Angeles Times, Chicago Tribune, Newsday, Baltimore Sun, South Florida Sun-Sentinel, Orlando Sentinel and Hartford...
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    Berkshire Hathaway Loads Up On Financial Stocks

    you have lost all credibility with that response....just one more time think about what he said btw BRK.A is up 8% YTD
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    Arbitrage Spreads

    no arbitragers on this board?
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    Arbitrage Spreads

    With the recent market turmoil, some of the pending transactions have great arbitrage spreads. The names that are big and liquid are fine, with respect to their bid-ask spreads like TRB, SLM, TXU etc. But small cap stocks, like CMPP(40%), BYBI(86%), SMXC(90%), have really wide bid ask...
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    Whaaat? no more selling??!!! Whaaaaa

    you know i really don't think someone can be as dumb as this guy..and now more than ever i just think he feeds on everyone replying to his threads and entertaining what he says...the best solution to turder would be to just stop replying to his crap..i know its hard..but he takes way to much...
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    Starting a small Hedge Fund??

    hey, as far as the lawyers fees are concerned...would it be possible for someone to just copy and paste everything from a mutual fund disclaimer, or a hedge fund prospectus which are public... then you just change the names, and some details, get it REVIEWED by a lawyer, as opposed to him...
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    NFI the worse subprime mortgage posts 5.84 EPS LOSS!

    that makes a lot of sense, sometimes you just don't know if you are seeing a ditch or an opportunity, thanks a lot man
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    NFI the worse subprime mortgage posts 5.84 EPS LOSS!

    no, yeah the value now includes the stock split, the stock went to $13 after the split, but again came back to the $5-6 level. As far as i know, split doesen't change a thing, the options also move along with the split and show it... NFI has the weirdest option chain I have seen in a...
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    NFI the worse subprime mortgage posts 5.84 EPS LOSS!

    As I see the option chain right now, you can buy Jan08 $5.00 calls for $0.45, and the stock is selling for $6.28!! Am I seeing this right? Theres almost a dollar difference there..
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    Liquidity injection by central banks

    I am just a little confused, not trying to question you, but how are they confiscating wealth if they are injecting money into the system? You mind elaborating?
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    Without Citadel deal, Sowood investors may have lost 100%

    so if i understand correctly, the credit spreads widened , but the main reason for their collapse and other funds collapse is the margin right? the leverage they use.. and citadel, probably has the power to hold the positions until they reverse to mean? so the big big issue here is leverage...
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    Buffett, ignorant on economic theory?

    although i agree, but you are missing something here. these bonds are bought by investors from other countries, most of whom got rich by exporting to the US(generalization), US imported goods to continue growth, so in effect, these are not isolated events, its a CYCLE... everyones getting...
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    Buffett, ignorant on economic theory?

    he meant that budget deficit would cause inflation just like what happened to the Asian countries in the 1990's. Deficit goes up, but this is mostly financed by foreigners, IF this money stops coming it so would lead to a upward spiral. IMO buffet knows a lot about economics, and more so...
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    Bear Stearns Plans $3.2 Billion Fund Rescue to Halt Fire Sale

    Newbie here, have a question: Bloomberg: "The funds speculated in highly-rated CDOs -- securities backed by bonds, loans, derivatives and other CDOs -- that were hurt in March and April as defaults on subprime mortgages to people with poor or limited credit histories increased. The fund also...
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    Bought $65 ATM Puts on Celgene

    i made some money of ur vlo call, so heres something that i knw about CEGL, i dono if you took this into consideration... ASCO, the grandaddy of all cancer conferences is happenin june1-5 and CEGL is to present data there, specifically: "Additional data evaluating the clinical potential...
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    ASCO Conference

    Does anyone here have some set ups for this upcomming conference? Some stocks here might see DNDN type action. ONXX already had a huge run up, and will announce the results at ASCO, also ARQL will present the data for ARQ197 and ARQ 501, also EXEL with a great pipeline will also be presenting...
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    Valero

    good short opportunity for vlo right now? prolly will fall to around 66-67 range before the next leg up?
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