stlplace

His plan is basically use more wind for electricity power, free up the natural gas for transportation (automobiles). Currently natural gas cars are still not as versatile as gasoline cars. But I have seen and heard natural gas powered taxi in Shanghai, and gas powered bus in the States. Natural gas is more environmentally friendly […]

Background
Couple days ago the Apple stock got a hit not just becaues of the soft earning guidance, the more important reason is the company declined to answer the health question of its co-founder and CEO Steve Jobs in the earning call.
You tube videos
Great Artists Steal - Triumph of the Nerds - Revised (very short)

How Windows […]

You Tube video: John Templeton interviewed at Wall Street Week at PBS. He was talking about the market in 1989: Germany; Japan stock market hit the top and started going down; Hongkong; US, etc.

John passed away today, at age of 95.

NBC will pay $3.5 billion for weather channel, weather.com and its related properties. News here. Hm, I think besides the travellers, people interested in the weather include commodity traders. The commodities range from crude oil, natural gas, heating oil, to crops. The reason goes like this, if natural disaster like Hurricane Katrina happens, it will […]

We only need two, according to Buffett, at 2008 shareholder Q&A session (transcript at GuruFocus). Note Q5, WB answer, he noted the following two courses:
1) how to value a business;
2) how to think about stock market fluctuations.
I think the first one is obvious, all the accounting, financial and quantitative skills. The second, is less […]

Berkshire B share (NYSE: BRK.B) traded heavily May 30 Friday.

(Full size picture here)
May be Bill Gates is selling on behalf of Gates foundation (USAToday article)? As you may know in 2006 Buffett donated large number of shares to Gates fundation (NYTimes article). I was wondering who is buying BRK.B on Friday? I know I could […]

Warren Buffett is visiting Europe these days, mainly looking for acqusition targets (family private owned business). Here is an interview at IMD (Switzerland). IMD is a premier business school in the Europe (thanks to investmentpostcards). There is a link to webcast at the end of the post. It covered a range of topics, and the […]

I quoted some questions which are relevant for little guys (like me). The full transcript can be located at gurufocus. WB: Warren Buffett, CM: Charlie Munger, MX: yours truely.
BTW, I bought one more BRK.B yesterday, at $4130, not the lowest price of the day but about 5% off the price I bought for my […]

In the annual shareholder meeting of Berkshire Hathaway, Buffett and Munger took on a series of questions from audience as usual. Although I did not go, I found some of those Q&A both interesting and educational. Thanks to gurufocus, the full transcript is here (WB: Warren Buffett, CM: Charlie Munger).
Q5: Would you use stock options […]

(Update) Meet the Buffetts (NBR Susie Gharib interview with 3 Buffett children, Howard, Susie, and Peter).
Working with Buffett (NBR Susie Charib interview 3 CEOs working for Berkshire subsidiaries).
Berkshire shareholder meeting at its early days
Quote from CNBC:
Buffett: It’s a gathering of partners. And, you know, we have a lot of partners, but I like the […]