EliasFardo’s Activity

Fri Jan 15

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 5:36 PM

Re: OT: The next recession

I would like to hear other people's opinions on the general thesis that this recession, given the monetary policies and practices in place in the various Federal banks around the world.

It only makes sense to me that manipulating the [more]

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 4:17 PM

Re: OT: The next recession

I've suggested before that gold can be a useful insurance policy.

It is true that it is a lousy investment, but there are times when the market (or the world) goes nuts and you will appreciate the liquidity of gold.

Fortunately,
[more]

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 4:06 PM

Re: OT: The next recession

This is why I would never trust you to manage all my money. You are too dogmatic.

Dogmatic as is Buffett. Buffett refuses to knowingly overpay. Berkshire was created in about the most dogmatic method in the history of business. He [more]

Sun Jan 3

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 10:08 PM

Re: OT: ad copy

Pretty much all of the best investors in the world looked like idiots in 1999. For a while.

In late 1999 or early 2000 I mentioned on a message board, not this one, on how poorly I had done in 1999. Any fool buying [more]

Mon Nov 30

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 1:20 AM

Re: Poll: (When) will AMZN become a falling knif

I have clearly said it is an expense and flows through the income statement. The point is, this is normal expense, i.e. 1% dilution is pretty normal and nothing extra-ordinary or out of norm.

It may be important to understand the [more]

Thu Nov 26

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 1:06 AM

Re: Poll: (When) will AMZN become a falling knif

OK, I see the $529m on page 32, but that figure already has purchases of PP%E deducted. So, your suggestion would be to deduct from there the $1b for the increase in certain current liabilities over certain current assets and to deduct the non-cash [more]

Mon Nov 23

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 6:56 PM

Re: Poll: (When) will AMZN become a falling knif

Here is a look at history 15 years ago this post got over 200 recs. There is an obsession with this board about Amazon and falling knife.

[more]

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 6:22 PM

Re: Poll: (When) will AMZN become a falling knif

Of Amazon’s $6.8b of cash flow from operations, $1b came from an increase in current payables over current receivables and inventory. In other words, they increased the amount by which they owed vendors, employees and customers over their own [more]

Wed Nov 18

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 7:00 PM

Re: WMT vs IBM

Unless and until they change it into a totally different business (a profitable one), it's just a Ponzi scheme.

I'm just a Ponzi Scheme and everywhere I’m seen
They don’t know the game I'm playin'
They give me all their dough, [more]

Tue Nov 10

NL

Boards Post

EliasFardo replied to the Berkshire Hathaway board. 1:54 PM

Re: OT: Hussman on the Market

Not sure why there should be. That's what happens in a free market.

Free market? Did you say "free market?" This is a free market? If I have ever seen a rigged interest rate environment in this country - this is it.

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 12:10 PM

Re: OT: Hussman on the Market

It never ceases to amaze me with what kind of rationalizations people come up to hate on the ZIRP.

Well, you will love these as well.

How about the fact that your average Joe, working and saving for retirement has a hell of [more]

Mon Nov 9

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 7:10 PM

Re: The Van Tuyl Group & Detlev Louis Motorad

This looks like a very expensive acquisition, a Pre-Tax P/E of about 25. Any idea about this?

Both of these companies have a lot of inventory. I don’t know the numbers for the purchase accounting, now acquisition accounting, [more]

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 3:51 PM

Re: OT: Hussman on the Market

During what time in history could you get a 5% real savings account? Isn't the nominal savings account rate nearly always close to the inflation rate? It's an honest question.

Well, I am 66, and when I was a little tyke until sometime [more]

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Boards Post

EliasFardo replied to the Berkshire Hathaway board. 2:55 PM

Re: OT: Hussman on the Market

The combination of zero interest rates and quantitative easing has created problems for the economy that are not immediately apparent. They exist, but they are hard to see. Their result is economic uncertainty. We have not done this before and we [more]

Mon Jul 20

NL

Boards Post

EliasFardo posted to the Berkshire Hathaway board. 6:33 PM

Don't-Know Investing

Something I did.

http://eliasfardo.tumblr.com/

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Boards Stats & Trivia

Big red star, 1000 posts Top Favorite Fools Feste Award Nominee! Old School Fool
Board Posts 3666
Recs Received 33063
People who have rec'd these posts 3009
Recs to Posts Ratio (last 30 days) N/A
Threads Started 925
Threads Started Percentage 25.23 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Double Taxation (6/23/1999)
Percentage of Posts Rec'd 80.14 %
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