Thanks for the catch on Gordie teaching English, and not Chinese! lol

Good thoughts on the fund. Most likely gonna let it ride, and maximize return on effort (ROE)!

Pls provide the occassional update in The Samurai Fund tab about MWW if u don’t mind.

I’m a believer in free markets and I fervently hope the closest you get to communist in your life is a blogger who believes that after billions has been re-directed in direct State support and trillions in indirect fiscal policy to clean up their mess (and allow them to repay the TARP, which frankly even I could have repaid with a big bank and 0% interest rates at my disposal) the least the banks can do is not pay themselves the equivalent of 10-100 times the average annual wage in a bonus. For even one year!

As for the fund and trading, I think you’ll find it unmanageable having us all trading and taking profits. I’ve managed a fun paper portfolio before and if you’re not careful it can turn into a side job. Or maybe allow everyone one trade per year?

What would be handy is some sort of shared fake trading account where we could all log in and share management of the portfolio (but maybe I’m showing my socialist side again, ha ha! ;) )
Monevator´s last blog ..Weekend reading: Happiness is a ton of great blog links

As far as LEN goes, I would take profits- maybe could wait till busts through a 52 week high and sell in the midst of the optimism.

I saw their 4th quarter results early morning on the 7th(before the stock price surged), but I didn’t congratulate you because I wasn’t sure how the market would take those earnings. They were pretty sketchy- they gained $1.34 per share on a one-time tax gain from what I remember.
Jon´s last blog ..WE HAVE MOVED!!!

You know it’s funny, b/c if this fund does well, maybe we’ll raise another billion bucks after our 1 year track record. 1% fee on a $2.7 billion fund is $270 million!

Regarding Re-tweeting, thanks for your thoughts. I will either always re-tweet or highlight in a Katana if my site is mentioned, as well as re-tweet stuff I really like. I do agree it’s so easy to re-tweet, and it is interesting to see why people don’t if they are highlighted.

I think the answer is that 1) people treasure their tweets, 2) haven’t necessarily read the post, 3) or simply don’t fully agree/believe/like the post, which is perfectly fine!

I can see 10-20 visitors pop up whenever one of my articles is retweeted.

I’d compare it to ringing the bell when you’re walking out of Long John Silvers (I assume they still do that). It doesn’t take much effort and gives positive feedback.
David @ MBA briefs´s last blog ..Business Wisdom from Aesop’s Fables: 3 ways to deal with difficult people

Better be careful with the Samurai Fund, rich people may think we know what we’re doing and start throwing money at us to manage for them :-)

ABM is up 2.76% but just going by the chart it looks like it might be dropping some this week. The MACD just crossed the signal line which historically is a sell signal. But since we’re long on this stock that shouldn’t matter ;-)

ABM increased its dividend last month by 4% which is a good sign for us; the company has the cash on hand and is giving it back to the investors which is becoming increasingly rare in this economy. Most companies are slashing their dividends.
David @ MBA briefs´s last blog ..Business Wisdom from Aesop’s Fables: 3 ways to deal with difficult people