John Lounsbury
John Lounsbury
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Warren Buffett's Secret to Making 100% a Year [View article]
I read your articles quite frequently but don't often leave a comment. This one was just too good not to say so. I guess I'll have to follow your advice and buy some BRK-B. See you in Omaha?
Buffett's Big Rail Buy: What It Means for Berkshire Shareholders [View article]
On Nov 03 02:15 PM Socialism cannot compete! wrote:
> Only problem with this "energy play" -- the coal pipeline -- is that
> this Admarxistration does *not* like coal. Should be buying nuclear
> or something else instead. Unless...Buffett is doing this to create
> anti-Cap & Tax leverage against the neo-Coms??? Now *that* would
> be interesting!!! Last I checked, Warren was pretty liberal. Wonder
> if he's changing stripes...perhaps his capitalist self has woken
> to the realization that the liberals and their socialist policies
> are anti-freedom and anti-capitalism??? Things are getting very interesting
> indeed.
Buffett's Big Rail Buy: What It Means for Berkshire Shareholders [View article]
I bought BNI in early 2005 in the 40's and got stopped out within a few months for a gain of about 12%. This is one case where stop loss risk control proved counter productive.
Buffett's Latest NYT Op-Ed: The Greenback Effect [View article]
You wrote:
"I think the inflationist are missing a very important point They mistake those green pieces of paper that Bernanke keeps printing and dumping on the banks so they can buy US Treasuries as money and this "excess" money will cause inflation."
I feel you have argued well, but missed one point. There is inflation and the bubble is now in Treasuries. My view is that when this bubble breaks the next inflation bubble will be in commodities (basically the dollar and other currencies undergoing devaluation). While inflation in Treasuries can occur without flowing through to what people buy (in fact Treasuries can bubble when there is deflation elsewhere). With the commodity bubble, rising costs will flow through to consumer prices and broader inflation will occur.
American Recovery and Reinvestment Act: What It Means for Clean Energy Stocks [View article]
Thanks for continuing your yeoman work on alternative energy production and storage news.
I was intersted that you say you have found no public companies focussed on thermal storage from solar energy. It seems to me that a good opportunity is being missed. Are there any privately capitalized efforts in this area?
WaMu Shows, Again, Smart Money Can Be Wrong [View article]