EliasFardo’s Activity

Mon Oct 9

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 7:05 PM

Re: Stock prices: justified by low interest rate

Not to put too fine a point on it, if stocks, bonds and real estate are all expensive relative to cash, would not cash be the best asset to 'purchase'?

Yes. Of course, as Buffett pointed out, there will be those in the stands [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 3:59 PM

Re: Stock prices: justified by low interest rate

There are many examples of situations where buying specific businesses at high valuations has worked out well since these valuations turned out to be justified in hindsight.

In that case, they were not purchased at high valuations. [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 3:40 PM

Re: Stock prices: justified by low interest rate

The unfortunate truth is that the reasonable possibilities are wide enough to admit huge disparities in what stocks are worth, and that makes it hard to say smart things in investor letters, or decide how to zig and zag as markets get happy and [more]

Fri Aug 11

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 2:52 PM

Re: IV10/price for simpler CBI

So I probably will stop posting (obviously not forever) which is a
shame for the other readers who actually appreciate having the
situation investigated.


I once wrote a post for a message board that I thought was so clearly [more]

Sun Jul 30

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 10:15 PM

Re: OT: Book

Does this book add anything to Kahneman's own book on the subject - Thinking, Fast and Slow - in terms of understanding decision making?

I'm asking in a serious manner. I'm a fan of Michael Lewis's (great article about the
[more]

NL

Boards Post

EliasFardo posted to the Berkshire Hathaway board. 2:17 PM

OT: Book

I just finished a book that is right down Charlie’s alley. It is The Undoing Project by Michael Lewis. Michael is an excellent author and I have enjoyed several of his books. I will just quote from the dust jacket: Forty years ago, Israeli [more]

Sat Jul 29

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 11:20 PM

Re: OT: you do you, Amazon

My God man, I want to stop responding but you make it so hard. You have been insisting consistently that the Prime memberships were falling to the bottom line, then we get this from you: Clearly, the $10B Prime fees are not yet falling into the [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 8:54 PM

Re: OT: you do you, Amazon

Go ahead, make your case. Because you just did a mini "Einstein" and really offered nothing.

I think I made my case, you just don’t want to see it. Bottom line is $3.5 billion. The $10 billion from Prime memberships clearly [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 1:44 PM

Re: OT: you do you, Amazon

Amazon’s operating income for the last twelve months is $3.5 billion. If, as we are told, Amazon takes $10 billion a year off of Prime memberships to the bottom line, just where in this $3.5 billion bottom line is the $10 billion hiding? Please don’t [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 12:42 AM

Re: OT: you do you, Amazon

You are reading it upside down, the e-commerce, prime video etc are supposed to be break-even or barely profitable and the prime membership fees fall to the bottom line.

The 100 million membership means that's a $10B profit or $20
[more]

Tue Jun 20

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 7:07 PM

Re: claims to come?

A college professor was telling his class that in 5 billion years our sun will expand into a red giant and vaporize the earth.

One of his students raised his hand and asked, “Did you say in 5 billion years?”

“Yes,” the professor [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 6:58 PM

Re: OT: Amazon to buy Whole Foods for $13.7B

Wow, that was early 2000, just before the NASDAQ lost 83% of its market value. Heady times.

I wasn’t completely right or completely wrong, but some of both. But I do hope that in 2034 nobody reprints then what I am writing now about Amazon. [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 2:32 PM

Re: claims to come?

The best introduction to the subject that I know of is Bryston's (wonderful) Short History of Nearly Everything.

I love that book, makes everything interesting. Jim, your taste in books seems very similar to mine. [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 2:18 PM

Re: OT: Amazon to buy Whole Foods for $13.7B

For the comfort and enjoyment of my readers, I hereby certify that the following post is free of all sarcasm, satire, irony, humor, puns ( to me puns are not humorous ), parody, lampoonery or just all-around foolishness.

A good friend of [more]

Mon Jun 19

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 9:28 PM

Re: OT: Amazon to buy Whole Foods for $13.7B

I just assumed the OP was being sarcastic! Who would invert causality like that in all seriousness?

Yes, I do know that Amazon was started with book retailing. However, the post was not sarcastic, which means being cutting, mocking, [more]

Sat Jun 17

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 1:08 PM

Re: OT: Amazon to buy Whole Foods for $13.7B

Like 95% of all Americans I am a member of Amazon Prime and use Amazon for many different items. But, their search function needs work. I think they should fix it before spending all kinds on money on Whole Foods. I once searched on “men’s fair isle [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 2:52 AM

Re: OT: Amazon to buy Whole Foods for $13.7B

And then maybe Amazon can build other, larger stores - with clothing, toys and garden tools. Maybe a line of really good tools for craftsmen, and car batteries that will die hard. And washing machines and refrigerators.

And a catalog. I [more]

Tue Jun 6

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 7:12 PM

Re: Active vs Passive

I'd love to see a solid academic study comparing the returns of individual investors, financial advisors, managed funds and index funds. (Not Dalbar propaganda.) That sure would be interesting...

So would I, but the problem is [more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 7:06 PM

Re: Active vs Passive

There many intelligent and knowledgeable investors on this board, but in the real world most investors need help. The ones with the most money have the least time to do it themselves.

It is a simple solution,to think that all you have to
[more]

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 3:35 PM

Re: Maintaining the High Plateau

Hello Elias,

What if we are entering a time of great productivity growth due to the use of robotics and AI to
optimize business practices and that results in a 20+ year cycle of deflationary influences?
Say -2% for 20 plus years
[more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 70664
Score 0.00
Score Change Today 0
Accuracy 0.00%
Active Picks 0
Total Picks 0
Best Pick ( 0)
Worst Pick ( 0)
Average Score per Pick 0.00
Charms Earned 0
Highest Rated Favorite No Favorites Selected
Go to EliasFardo’s CAPS page

Boards Stats & Trivia

Big red star, 1000 posts Feste Award Nominee! Old School Fool
Board Posts 3700
Recs Received 34030
People who have rec'd these posts 3136
Recs to Posts Ratio (last 30 days) N/A
Threads Started 928
Threads Started Percentage 25.08 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Double Taxation (6/23/1999)
Percentage of Posts Rec'd 80.32 %
Show EliasFardo’s 10 Latest Posts