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Author: Charliedealraker One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 210435  
Subject: Writers attempting Buffett/Munger mentality Date: 3/24/2013 7:23 PM
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In the 1990's the free cash flow thing got legs and then some. Multiple books were written about it while Coke stock went through the roof. Of course most of this was the common investor thinking he'd discovered how to be Munger or Buffett. Of course the understanding was lacking and the idea was taken too far.

Little did they know that almost exactly at this same time Buffett and Munger began what was going to be years of buying massive amounts of capital intensive businesses. So much so that even the overweight professor, more than ten years later, STILL didn't get it and was lured into unloading criticism on the CEO of Berkshire about some railroad deal.

So the writers today are still attempt to decipher these guys and they still do an awful job of it. The understanding of Buffett and Munger is still lacking. Alice probably has the best understanding but apparently got her feelings hurt.

In the meantime on the TMF Berkshire site it sure would be nice if some thoughtful investment thoughts got published. Hopefully by those with something to offer about some investment will eventually show up.

I'm intrigued by the DVT investment particularly this local advertising potential via satellite.

Not at all interested in a 25 year old telling me that Munger has an exit plan and we should too.
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Author: joeuu Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200406 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/24/2013 7:55 PM
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Alice probably has the best understanding but apparently got her feelings hurt.

************************************


I was under the impression that it was Buffett's feelings that were hurt. Parts of her book did make me cringe a bit wondering what he might be thinking.

Joe

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Author: bigshan Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200409 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/24/2013 8:09 PM
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<<I'm intrigued by the DVT investment particularly this local advertising potential via satellite.
>>

My concern of DVT is potential risk, what if the satellite goes down and service be discrupted for a few months? And without revenue for just a few months, how will the debt be served?

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Author: sykesix Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200410 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/24/2013 8:10 PM
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Not at all interested in a 25 year old telling me that Munger has an exit plan and we should too.

Easy solution for that one.

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Author: enoch01 Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200411 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/24/2013 10:30 PM
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My concern of DVT [sic] is potential risk, what if the satellite goes down and service be discrupted for a few months? And without revenue for just a few months, how will the debt be served?

They have insurance and redundant capacity. They do not insure for lost revenue, so I assume they believe they have enough redundancy.

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Author: kelbon Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200412 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/24/2013 11:41 PM
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Not at all interested in a 25 year old telling me[…]

But, perfectly happy to have an 82 year old tell you… ?

It's the message, not the messenger; let alone the age of the messenger.

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Author: downisland Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200413 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/25/2013 5:49 AM
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The OP is extremely annoyed by Rick Santulli's "small stature" and the seeking Alpha author's "youth". And when it comes to this Board, "only people with something to"offer" should be talking". Right.

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Author: rubberthinking Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 200414 of 210435
Subject: Re: Writers attempting Buffett/Munger mentality Date: 3/25/2013 12:09 PM
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Not at all interested in a 25 year old telling me that Munger has an exit plan and we should too.

Thanks, you have gone to great lengths to tell us this.

We are most lucky you have saved us from a fate worse than death.

Dave...I read it the first time.....

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