Thursday, November 29, 2007

BRK.B = Future Long Term Success

CJ and Dad, this would be a wise investment after we're done riding the MVIS train. A share of Class B common stock will always be approximately 1/30 the stock price of the Class A common stock. Check out the 10-yr Chart of BRK.B

Investors would've earned an average of 24.6% per year over the last 30 years simply by buying what Buffet bought. CJ, if you put $20,000 in Berkshire during that time period it would've turned into $14,000,000. Berkshire Hathaway is the company Buffet makes his investments through. 99% of Buffet's net worth is in Berkshire Hathaway. Here is The Portfolio.

These are big companies that are going no where. Scroll over each stock and check out the charts. You'll notice an overall similarity. Big name American companies owned at a discount.

Excerpts from Warren Buffet's "Owner's Manual" to Berkshire Shareholders:
  • "If we have good long-term expectations, short-term price changes are meaningless for us except to the extent they offer us an opportunity to increase our ownership at an attractive price."
  • "Overall, Berkshire and its long-term shareholders benefit from a sinking stock market much as a regular purchaser of food benefits from declining food prices. So when the market plummets--as it will from time to time--neither panic nor mourn. It's good news for Berkshire."
  • "Most of our directors have a major portion of their net worth invested in the company. We eat our own cooking."

Tuesday, November 27, 2007

It can be Inherited...

PJ buys a dog.

All Hail CJ

U Da Man! Great Stock Purchase! I just pulled out your 8th grade picture, lit some candles, downloaded Joe Esposito's best song of all time, grabbed Paris, threw Karate Kid in the VCR and belted out "You're The Best!"

My Man. Here's to you:

Monday, November 26, 2007

Dick HARDing Buy: BRK.A

This morning I bought 1 share @ $136,600. Dad didn't want me to tell you guys, but my Christmas present this year was the property 'up north.' But what he did tell me is that I'm his favorite son and he loves you both as much as he loves Democrats. Long live me being the number 1 son.

Wednesday, November 14, 2007

Android Unveiled

http://www.youtube.com/user/androiddevelop

Go Long.

Oatmeal Buy: MVIS

Bought 148 shares of MVIS @ 3.98.

Oatmeal Buy: GOOGLE

Bought 5 shares of GOOG @ 460.26.

Not Enough Seaweed

Tests Question Materials In Lululemon Clothing Line -NYT
8:11 AM ET - Dow Jones News

DOW JONES NEWSWIRES Lululemon Athletica Inc. (LLL.T), which makes costly athletic wear made from such unusual materials as bamboo, silver, charcoal, coconut and soybeans, may be misleading consumers on the content of its VitaSea fabric, the New York Times reported Wednesday.
The newspaper said it commissioned a laboratory test of a Lululemon shirt made of VitaSea, and reviewed a similar test performed at another lab, and both came to the same conclusion: there was no significant difference in mineral levels between the VitaSea fabric and cotton T-shirts.
The company claims the VitaSea clothing, made from seaweed fiber supplied by a company called SeaCell, reduces stress and provides anti-inflammatory, antibacterial, hydrating and detoxifying benefits, the Times reported. But the labs found no evidence of seaweed in the Lululemon clothing.
When told about the findings, Lululemon's founder said he could not dispute them, the Times said. "If you actually put it on and wear it, it is different from cotton," said Dennis Wilson, Lululemon's founder, chief product designer and board chairman.
The shirt tested by the Times was labeled as being made of 70% cotton, 6% spandex and 24% of the seaweed fiber.
Lululemon executives said that they had not independently tested the VitaSea material to see whether it lived up to the claims on Lululemon's tags. Instead, it trusted the claims of its suppliers, executives said.
Lululemon, based in Vancouver, British Columbia, has more than 40 stores and showrooms in the U.S. The company calls its store clerks "educators," its customers "guests," and prints the company's "manifesto" on its red shopping bags.
SeaCell uses seaweed from the coast of Ireland to create its fibers, said Gerhard Neudorfer, sales and marketing director for SeaCell, the Times reported. He said the company stands behind its scientific studies. A spokeswoman for Lululemon would not name the companies that it has hired to use SeaCell in making its VitaSea fabric.

Dow Jones Newswires
11-14-07 0811ET
Copyright (c) 2007 Dow Jones & Company, Inc.

Tuesday, November 13, 2007

Google

Even the Masseuse became a millionaire.

Tuesday, November 6, 2007

Monday, November 5, 2007

Why Google will touch 1000. . .

Rumors of the Google "G Phone" are a myth. The truth is even better. Instead of creating just a phone, Google has one-upped themselves. The internet giant has created ANDROID, an open platform that allows mobile software developers to create any application imaginable for your phone. In short, the idea is miles ahead of the iPhone.

Google has also announced the Open Handset Alliance (OHA) - a group of 33 (so far) tech and wireless companies devoted to developing the for the Android platform.

Watch these nerds talk about how sweet it is.