jkm929’s Activity

Sun Apr 19

NL

Boards Post

jkm929 replied to the Berkshire Hathaway board. 12:55 PM

Re: Faulty operations cause of BNSF Derailment

The Wall Street Journal article contains this sentence.

Railroads own the locomotives and the track. They don’t own the vast majority of tank cars.

Unfortunately Berkshire Hathaway also owns Union Tank Car [more]

Sun Apr 12

Thu Apr 9

NL

Boards Post

jkm929 replied to the Value Hounds board. 7:39 PM

Re: VF Corporation Annual Report arrived today

There's news out today about VF Corporation getting involved with nanofibers.

McAllen, Texas – April 8, 2015 – FibeRio Technology Corporation, the total nanofiber solutions company, today announced a strategic partnership with VF [more]

Wed Apr 8

NL

Boards Post

jkm929 posted to the Berkshire Hathaway board. 5:14 PM

Lease Breaker Promotion

MARYVILLE, Tenn., April 2, 2015 /PRNewswire/ -- Throughout the month of April, Clayton Homes is offering an extra incentive for those looking to transition from the status of renter to homeowner by covering the costs associated with breaking their [more]

Mon Apr 6

NL

Boards Post

jkm929 replied to the Deranged Monkey Criticism board. 1:09 PM

Re: Mr. Buffett on the Stock Market - 1999

(1) Interest rates must fall further. If government interest rates, now at a level of about 6%, were to fall to 3%, that factor alone would come close to doubling the value of common stocks.

Ha ha. Three percent government interest [more]

Thu Apr 2

NL

Boards Post

jkm929 posted to the Berkshire Hathaway board. 5:23 PM

IBM Activist Action?

(Reuters) - Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman's Pershing Square and Jeffrey [more]

Fri Mar 27

NL

Boards Post

jkm929 replied to the Berkshire Hathaway board. 2:47 PM

Re: Deal Professor Column

I notice in the article Berkshire bought Wrigley. Interestingly WRONG.

He did, though, by an ownership interest.

One of the companies that Berkshire lent money to was Mars Inc., which in 2008 needed to finance the $23 [more]

NL

Boards Post

jkm929 posted to the Berkshire Hathaway board. 11:37 AM

Deal Professor Column

Steven Davidoff Solomon has a Deal Professor column in today's New York Times entitled Reading the Fine Print in the Heinz-Kraft Deal. Here is an excerpt.

Kraft shareholders will receive one share of Heinz stock for each share of [more]

Sat Mar 21

NL

Boards Post

jkm929 replied to the Deranged Monkey Criticism board. 10:37 PM

Re: Blarney Bubble

Fund Manager John Hussman on twitter:

Fascinating that people blame the collapse in 1937 on the Fed tightening too early, but wholly ignore the bubble then.

In January, 1937 FICA began. Monthly benefits didn't start until
[more]

Fri Mar 20

NL

Boards Post

jkm929 replied to the Value Hounds board. 8:52 PM

Re: Bond market ailing

Royal Dutch Shell is offering a scrip dividend option.

THE HAGUE, The Netherlands, March 3, 2015 /PRNewswire/ --
Royal Dutch Shell plc ("Shell") (RDS-A)(RDS-B) today announces that it intends to offer the option for
[more]

Thu Mar 19

NL

Boards Post

jkm929 replied to the Deranged Monkey Criticism board. 1:16 PM

Re: Suggested Fed Language

Once after testifying before Congress, the next day's headline in the New York Times was "Doubts Voiced by Greenspan on a Rate Cut" and in the Washington Post it was "Greenspan Hints Fed May Cut Interest Rates."

jkm929

Wed Mar 18

NL

Boards Post

jkm929 replied to the Berkshire Hathaway board. 7:55 PM

Re: Buffett investment in 1959

If somebody had invested $10K in a Buffett partnership in 1959, never paid taxes and never sold a share, how much would the investment be worth at the end of 2014?

You might be able to figure it out from this.

[more]

Tue Mar 17

NL

Boards Post

jkm929 replied to the Berkshire Hathaway board. 2:54 PM

Re: Leucadia Letter

Jefferies is off to a bad start this year.

(Bloomberg) -- Jefferies Group, the investment bank run by Richard Handler, said fixed-income revenue dropped 56 percent to $126 million in the first quarter amid fewer high-yield bond offerings. [more]

Sat Mar 7

NL

Boards Post

jkm929 replied to the Saul's Investing Discussions board. 12:02 PM

Re: Totally OT - Centigrade vs Farenheit

I was thinking about the binary number system for simple things like halving or doubling recipes or dividing a pound into 8 ounces, then 4 ounces, then two ounces and then finally one ounce. Multiplying or dividing by two makes more sense for some [more]

Fri Mar 6

NL

Boards Post

jkm929 replied to the Saul's Investing Discussions board. 6:11 PM

Re: Totally OT - Centigrade vs Farenheit

Just try putting a random number, like say 7463, in binary. See if there is anything, anything in it at all, that is recognizable and would distinguish it from another binary number of the same impractical length?

The number 7463 [more]

Thu Mar 5

NL

Boards Post

jkm929 replied to the Saul's Investing Discussions board. 8:53 PM

Re: Totally OT - Centigrade vs Farenheit

The Metric System uses the base 10 denary number system. It's based on multiplying and dividing by ten, accomplished by adding or subtracting zeros. Computers, however, use the base two binary number system, based on multiplying and dividing by two, [more]

Wed Mar 4

NL

Boards Post

jkm929 replied to the Saul's Investing Discussions board. 7:06 PM

Re: Totally OT - Centigrade vs Farenheit

Freezing at 32 degrees? boiling at 212 degrees? Where did they get those random numbers? 0 degrees is just a random number too, with no significance, as is 100.

The Fahrenheit temperature scale is based on the freezing temperature of [more]

Tue Mar 3

Sun Feb 22

NL

Boards Post

jkm929 replied to the Value Hounds board. 4:21 PM

Re: Some very strong earnings (ATRO)

Seems to confirm the positive trends in commercial aerospace.

VSE Corporation is moving into this space.

January 28, 2015 05:12 PM Eastern Standard Time
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC)
[more]

Fri Feb 20

NL

Boards Post

jkm929 replied to the Berkshire Hathaway board. 1:14 PM

Re: Mr. Buffett wrong again on an oil major?

Correct me if I am wrong, but between his ill timed Conoco-Phillips position and most recent divesture of his Exxon stake, this is the first time I can recall Mr. Buffett getting two large investments "wrong" within the same industry [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75215
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 jkm929’s CAPS page

Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 2717
Recs Received 4193
People who have rec'd these posts 863
Recs to Posts Ratio (last 30 days) N/A
Threads Started 264
Threads Started Percentage 9.72 %
Most Frequent Board Berkshire Hathaway
Very First Post CHRZ & AT&T (5/28/1999)
Percentage of Posts Rec'd 57.20 %
Show jkm929’s 10 Latest Posts