knighttof3’s Activity

Tue Nov 25

NL

Boards Post

knighttof3 replied to the Deranged Monkey Criticism board. 2:01 PM

Re: Never cheap enough

MKL

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 11:19 AM

Re: It's Not Working

MrCheeryO,
that's a great link, assuming we can trust Yardeni's figures.
So Wilshire 5000 covers only about 60% of the total US equity? That was pretty surprising to me.

They, managements/insiders, did seem to have an uncanny [more]

Mon Nov 24

NL

Boards Post

knighttof3 replied to the Humor and Urban Legends board. 6:59 PM

Re: AverageJoe's 697th CaptionChallenge

http://dotcomjoe.com/caption697

In the final thrilling moments of a close race, Jill put her horse on the afterburners.

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 2:54 PM

Re: Retained Earnings Test

Oh oh, I just thought of something clever. That doesn't happen very often.

JeanDavid,
you are right in that the rate of change calculations (differentiation operations) increase noise. This would apply perfectly to book value (base [more]

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 12:25 PM

Re: Wonder if WEB is bailing on IBM

It may be that Exxon and IBM turn out to be two of the better investments available when they were bought by Berkshire.


Can you give any specific reasons to think that IBM was the better investment available when bought by [more]

Fri Nov 21

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 5:07 PM

Re: Wonder if WEB is bailing on IBM

DTB(M),
good post! One minor quibble - I wrote and meant if Buffett thinks IBM is worth $50 (IV), not what he will do if the price of IBM stock goes to $50. He will probably buy it outright if he thinks the IV justifies it :-)

OK [more]

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Boards Post

knighttof3 replied to the Words, Words, Words board. 12:52 PM

Re: This door is.....

The windows are rattled. The carpet is lying low. The safe is locked and loaded. But elsewhere...
The wardrobe is still in the closet, even though the fireplace is smoldering. The chest is bare, the drawers have fallen and yet it has no fans.

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 12:35 PM

Re: Wonder if WEB is bailing on IBM

I think knight is right! If IBM falls in price Buffett will resign in embarrassment.

Yea, if I stump my toe today I will lay down and give up on life. I will not eat or drink and just completely give up.


My reasoning is [more]

Thu Nov 20

NL

Boards Post

knighttof3 posted to the Berkshire Hathaway board. 7:24 PM

OT: capped ETFs

Continuing in the vein of Malkiel's monkey's alpha.
Vanguard and Schwab don't have any equal-weighted ETFs.
SCHD is reasonable, with ultra-low expense ratio of 0.07%. But it is based on DJ Dividend 100 index which is modified market-cap [more]

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 11:52 AM

Re: Wonder if WEB is bailing on IBM

It's a little scary/exciting that the next 13F, as soon as it comes out, from Berkshire will essentially dictate the IBM stock price (unless there are credible leaks beforehand.)
If Buffett is buying more, IBM will shoot up.
If Buffett is [more]

Tue Nov 18

NL

Boards Post

knighttof3 replied to the Words, Words, Words board. 5:59 PM

Re: Word of the year

Can we expect a sitcom on ABC next year, titled "Vape" and starring Harold and Kumar?

Mon Nov 17

NL

Boards Post

knighttof3 replied to the First World Problems board. 8:50 PM

Re: Going to College Overseas

Should she just use her Visa debit card for withdrawals?

No.

Using a USAian credit card internationally costs enough more in poorer exchange rates and fees, especially cash from ATM's, that she would do significantly better to
[more]

Sat Nov 15

NL

Boards Post

knighttof3 replied to the Humor and Urban Legends board. 8:56 PM

Re: Bad Santa

Advice to the woman in jeans and brown shirt: If there ever was a time to look up from your cell phone, this time is that time!

Fri Nov 14

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 4:56 PM

Re: It's out. Berkshire bought 300,000+ more IB

Is there any chance at all that Buffett will keep buying IBM just to double down, even if he doesn't believe in its prospects as strongly (i.e. has re-estimated a lower IV for IBM than he previously had in mind)?

That would avoid sending a [more]

NL

Boards Post

knighttof3 replied to the Humor and Urban Legends board. 11:52 AM

Re: Dog

Nice balloons

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 11:50 AM

Re: Buying Duracell for $4.7B

I think the key is that Berkshire does not receive the cash, Duracell receives the cash. When Berkshire gets cash from companies it owns, that cash arrives at Berkshire in the form of a dividend on which Berkshire pays a corporate income tax. [more]

Thu Nov 13

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 5:38 PM

Re: Buying Duracell for $4.7B

Is anyone familiar with the details of this 'well-prescribed formula', and how far you can push this envelope? For instance, what if the Duracell business had been worth $2B, could they still be able to throw in $2.7B and make the whole $4.7B [more]

NL

Boards Post

knighttof3 replied to the An Open Letter board. 12:18 PM

Re: An Open Letter

to comcast:

I love you.

great service!


As they say, ComCast services you in the same way that a bull services a cow.

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 12:09 PM

Re: Buying Duracell for $4.7B

I am concerned as a PG owner. I thought I had the choice to convert my shares to Duracell or not. Is that no longer true?
I was in two minds actually, but I hate having my mind made up for me, even by Buffett. First Heinz, now Duracell? Why I [more]

Tue Nov 11

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 7:23 PM

Re: Equity Purchases

IBM Buyback Proves Warren Buffett's Math
Tuesday, 30 Apr 2013
...As it turns out, Buffett was spot on in his expectations and analysis.

IBM shares closed Monday trading at just below $200 a share, roughly in line with the
[more]

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CAPS Player Rating 55.31
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Score 12.24
Score Change Today +10.59
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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 3097
Recs Received 5527
People who have rec'd these posts 1100
Recs to Posts Ratio (last 30 days) 6.30
Threads Started 368
Threads Started Percentage 11.88 %
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Very First Post My dumbest investment - ENT (12/6/2007)
Percentage of Posts Rec'd 54.70 %
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