You have to look at the non-borrowed reserves. Positive for the first time since Jan 2008....
Markets are not efficient but it takes a lot of work to earn that extra 1% return. Buffett long term returns …. Index + 10% per year...
Luck or skill and hard work? http://www.youtube.com/watch?v=6F1ENJ23GR8
1985: “ I can guarantee we will not do as well as in the past, ” Buffett told shareholders at the annual meeting. 1992: Charlie...
34 years ago ....
What if 30 yr bond yields return to more "normal" levels? http://finance.yahoo.com/q?s=%5ETYX At 4.5% yield their bond will worth 80% of...
I have to say that it takes a lot of faith to accept 3% return for 30 years with an unknown variable called âinflationâ.
Index-Level Fundamentals as of September 30, 2008 S&P Japan 500 Div Yield 2.2164 P/Sales 0.5593 P/B...
70 http://stockmarkethop.com/script/060-anatomy-of-a-market-crash--tokyo-in-the-1990s.html
Answer by example Industrial bank of Japan at the bubble peakâ¦. P/E ratio 100 So an âintelligent investorâ was supposed to buy...
No one is using short term vol to value 15 years derivatives. :-) if anyone is doing it even I am willing to sell some options. Anyway assuming...
I canât understand the fuss about what appears to be plain vanilla put contracts. Yes S&P for example is down from 1400 to 850, but for a 15...
If you have important data better let someone more experienced to try it, else you could do the following If it has a dvd-drive, boot from it...
Actually the math on received premium is consistent with plain vanilla atm puts with long term estimated volatilities around 20-22% for the...
And whatâs the probability S&P500 will be far below todayâs value after 10 years in an inflationary environment? The risk he took is small....
A destruction of wealth (like in WWII) is never the cause of a bull market. Read chapters "The broken window" and "The Blessings of...
His stock tanked then because market thought they are going to buy it cheaper later. Prices always are more volatile than fundamentals. GAAP made...
First 9 months 2008 : +0.8% http://www.berkshirehathaway.com/qtrly/3rdqtr08.pdf 1964 - 1981 : Dow from 880 to 880 (0% return) (is this...
Squanderville and Thriftville scenario. Dow at 1000, the Chinese are using all their accumulated US Bonds to buy 100% of corporate America and own...
Berkshires Hathaway returns are available on their site 1/1/2008 - 9/30/2008 : + 0.8%...
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