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Do you think the 140 per hh is good value?

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发表于 2014-2-17 22:27:10 | 显示全部楼层
motor 发表于 2014-2-17 22:12
Oh. My bad. My sentence was vague. I'm not going that far out on the risk curve, bro. What I meant ...

You need to follow the Buffett Investing Principles and apply it to mms?  :lol

1. “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1

2.  “You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.

3. “Never invest in a business you can’t understand.”

4.  “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

5. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

6. “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

7. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”

8. “Our favorite holding period is forever.”  (I would subscribe to this for MM? :lol )


9. “Only when you combine sound intellect with emotional discipline do you get rational behaviour.”

10. Without passion, you don’t have energy. Without energy, you have nothing.”
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发表于 2014-2-17 22:29:10 | 显示全部楼层
happypooning 发表于 2014-2-17 22:22
weeks even months have passed, we still talk about ECBS. legends are legends, they are irreplaceab ...

You're right, bro. They are legends. But some guys think the absence of new superstars is due simply to the weather. Maybe better weather will bring better mms. We'll see. I'm hoping. If that doesn't work, when I go out to Los Angeles I'll  try to persuade some of the K-girls there to give Toronto a try. L.A. is swimming with Kimchis. :)

And FWIW, Suby keeps telling me that C is on her way....
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发表于 2014-2-17 22:33:05 | 显示全部楼层
motor 发表于 2014-2-17 22:29
You're right, bro. They are legends. But some guys think the absence of new superstars is due simp ...

ppl keep on saying that she is coming back, first was early jan, then mid jan, then late jan, then early Feb, now we r approaching late feb.. don't get me wrong i want her to come back, but is it just wishful thinking.. hard to hunt in L.A. unless u got some connections, was there last year,
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发表于 2014-2-17 22:54:27 | 显示全部楼层
7samurai 发表于 2014-2-17 22:27
You need to follow the Buffett Investing Principles and apply it to mms?  

1. “Rule No. 1: N ...

I'm sure that in time I will adhere very strictly to the value approach to selecting mms. But I find it's hard to sit still and wait for excellent opportunities as one does in value investing, because the mind listens to reason better than the jj does. But I'm well aware that there are at least a few "value guys" out there who are hoarding their cash for the next golden moment. For now, though, I'm not among them. I'm still exploring, still trying to understand everything, still trying to come up with my own hunting happiness formula. But I have immense respect for those who know how to get the best bang for their buck. In principle, I understand it, but I'm still getting acquainted with this little subculture.
Heck, I'm still trying to categorize mms' behavior into types. Do you know if there are any posts on that?
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发表于 2014-2-17 23:01:28 | 显示全部楼层
happypooning 发表于 2014-2-17 22:33
ppl keep on saying that she is coming back, first was early jan, then mid jan, then late jan, then ...

It is hard to hunt there. I'm wondering if it'll be easier if I get a TER account. But that'll mean I'm going to have to go do a few high-priced indies just so I can have them as references.

Is there an easier way if you don't mind?
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发表于 2014-2-17 23:11:18 | 显示全部楼层
motor 发表于 2014-2-17 23:01
It is hard to hunt there. I'm wondering if it'll be easier if I get a TER account. But that'll mea ...

I hope you didn't invest in real estate in the last 3 years buried in debt - particularly condo.  You got bigger problems than  mm investment risk?  :lol

http://www.greaterfool.ca/2014/02/17/troubles/
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发表于 2014-2-17 23:17:24 | 显示全部楼层
7samurai 发表于 2014-2-17 23:11
I hope you didn't invest in real estate in the last 3 years buried in debt - particularly condo.   ...

Nope. No such problems thankfully. I guess that's why I can focus my energies on applying 7S Buffett strategies to the search for quality mms :lol
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发表于 2014-2-17 23:26:18 | 显示全部楼层
motor 发表于 2014-2-17 23:17
Nope. No such problems thankfully. I guess that's why I can focus my energies on applying 7S Buffe ...

:handshake   Imagine the sea of greater fools who have no clue?  :lol  
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