Facebook’s Stadium

Facebook's one day drop on July 27th was impressive.  It marked the largest ever loss of equity value for a U.S. listed company.  However, to achieve such a feat requires a large market cap before such a day, quite an impressive feat on its own.  This feat was only...

Some Updated Thoughts on Tencent

Yet again, another incredibly mundane title.... but I'll be optimistic when I say let's continue with some (hopefully) more interesting thoughts -- at least interesting to me if no-one else :) Last week, I wrote a post on my trip to China. For those who haven’t read...

One Foot Hurdles and Berkshire’s Buyback

There was an interesting press release that came out this week at Berkshire Hathaway. I wanted to post some very brief thoughts, but first just a quick introductory comment that might be somewhat related to the topic... I was writing some thoughts for my mid-year...

Banks Are Gushing Cash and Look Cheap

For the first time since the correction in the stock market in February, I am getting interested in a few investment ideas. A few of the ideas are in unexciting companies (unexciting in the sense that they are well-known and have been discussed plenty of times before…...

Update on JPM’s Valuation

JP Morgan reports earnings tomorrow (Friday, 4/13). I read the JPM shareholder letter and annual report earlier this week, and thought I’d share some brief notes on the valuation. Before that, I wanted to mention a couple quick general thoughts… I wrote about a couple...

Google: Another Bargain in Plain Sight

It goes without saying that Google is one of the world's greatest companies. It provides a tool that has revolutionized the way that a large swath of the world's population conducts its work and it nearly instantly satisfies our insatiable thirst for knowledge and...