Recent submissions

Comment · 10 years ago
Buffett and his managers aren't concerned about the stock price "trend," they're looking at the stock price in relation to the intrinsic value of the equity. With that said, I'd bet Todd Combs made the investment and he does trade more frequently than Buffett and Ted Weschler.
Comment · 11 years ago
Comment · 11 years ago
This article was read by someone [who] does not grasp even the basic foundation of humor.
Comment · 11 years ago
Houston is more of a swamp than a desert, but it's a hot swamp.
Comment · 11 years ago
They say you can measure a man by the size of his problems.
Comment · 11 years ago
Gates-funded
Comment · 11 years ago
Okay, but that's not what he said:

>An investment with risk so low to survive two millennia can safely yield 0%.

If risk-free assets garnered 0% interest rates, then the U.S. Treasury would not have to pay a real rate of return on its debt.

Comment · 11 years ago
I think you missed the section in Algebra where they teach the time value of money. Nobody is going to give up money today for the same amount at a future date.
Comment · 11 years ago
In the first case, it would be more clear to say "upon accident."

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