Two positive news on MagicJack

So far there are two very positive news on Magic Jack Continue reading

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Quotes from Edwin Lefèvre “Reminiscences of a Stock Operator”

This is a great quote from Edwin Lefèvre “Reminiscences of a Stock Operator” at 4th paragraph of Page 61. Continue reading

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Notes from Value Investing Workshop and Congress April 2014

Workshop 04/02/2014  Continue reading

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Lessons learned in year 2013 investment

1. I need to buy/sell both in piece wise fashion Continue reading

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Monday’s links

1. Bruce Berkowitz’s takes on AIG, SEARS, BAC, MBIA Continue reading

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AIG echoes news of $18B common stock sales

American International Group has added a news release to its Investor Relations website and echoed Treasury’s $18B sales of common stocks. However, we are still not exactly sure when this sale will happen. Continue reading

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$18+ Bil AIG common stock for sale!!

Here is a great mega news for AIG!!!! The US Treasury states that it will sell $18B worth of AIG common stocks and it will also sell $2.7 bil common stock to cover possible over-allotments. Continue reading

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Charlie’s Wisdom

I recently finished reading this outstanding classic book “Poor Charlie’s Almanack” from Charlie Munger. Continue reading

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BAC’s next May hearing

Remember the BAC’s $8.5 billion mortgage-bond settlement? According to Bloomberg, Continue reading

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AIG ends Fed Maiden Lane chapter

I have followed on this for over a year, now finally Fed sold the last piece of ML III securities. This is a big landmark on Fed’s bail-out of AIG. Continue reading

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