Warren Buffett’s annual letter to shareholders is always fun. Since we’ve got a small BRK position in the Decade of Daddy Mirror Fund, I thought I’d share with you an interesting idea he has for Boards of Directors to consider when their own company’s shares are being offered to satisfy part of an acquisition in
Commercial loan decrease has funded growth in consumer debt
According to data just released by the Bank of Canada, commercial lending restarted its swoon in January 2010. The category is “Business loans to Canadian residents for business purposes”: December: $191.563 billion January: $185.679 billion February: $183.759 billion March: $184.089 billion April: $181.811 billion May: $180.191 billion June: $177.865 billion July: $176.164 billion August: $175.318
How Jim Balsillie’s initial RIM investment went up in smoke
It has been almost 20 years since Jim Balsillie arrived at Research in Motion (RIM:TSX). Mike Lazaridis knew that he needed some help on the business side, and Jim was the answer. One of the first things Jim did was invest $125,000 for a one third stake in the company. The second thing he did
What’s really up with Palm Pre volumes?
Some analysts do a better job of making headlines than others. And, as we all know, headlines generate trade flows, which makes the cash register ring at a brokerage firm. Today’s instalment: Canaccord’s Peter Misek versus Barron’s Eric Savtiz. Hmmmm. Who will come out the winner? Palm: Sales Well Short Of Targets At Verizon, Canaccord
