Golden Fibonacci

by Stephanie Loiacono

Warren Buffett is arguably the world’s greatest stock investor. He’s also a bit of a philosopher. He pares down his investment ideas into simple, memorable sound bites. Do you know what his homespun sayings really mean? Does his philosophy hold up in today’s difficult environment? Find out below.

“Rule No. 1: Never Lose Money. Rule No. 2: Never Forget Rule No. 1.”

Buffett personally lost about $23 billion in the financial crisis of 2008, and his company, Berkshire Hathaway, lost its revered AAA ratings. So how can he tell us to never lose money?

He’s referring to the mindset of a sensible investor. Don’t be frivolous. Don’t gamble. Don’t go into an investment with a cavalier attitude that it’s OK to lose. Be informed. Do your homework. Buffett invests only in companies he thoroughly researches and understands. He doesn’t go into an investment prepared to lose, and neither should you. Ream more »

by Paul B. Farrell
Tuesday, February 23, 2010

Commentary: Munger warns 2012 is our tipping point on ‘road to ruin’

Good news, Americans are “downbeat about today. Upbeat about tomorrow,” says the latest USA Today/Gallup Poll. “Americans feel battered by hard times, record home foreclosures, stubbornly high unemployment rates and war.”

And yes, we are “fed up with Washington and convinced more than 3 to 1 that the nation is heading in the wrong direction,” yet there’s “confidence that there will be better times ahead, that the classic American dream endures and hasn’t been extinguished. It’s not even at its low ebb.” Why? Because we’re in denial! Ream more »

PT Bumi Resources Tbk is an Indonesia-based company engaged exploration and exploitation of coal deposits, including coal mining, and oil exploration activities. It has four core business segments: coal mining, which comprises exploration and exploitation of coal deposits, including mining and selling coal; services, which represent marketing and management services; oil and gas, which covers the exploration of oil and gas, and gold, which covers the exploration of gold. The Company and its subsidiaries are operating in Indonesia, the United Kingdom, Japan and Australia. On July 17, 2008, the Company acquired the Australia-based Herald Resources Limited. Ream more »

PT Benakat Petroleum Energy Tbk is an Indonesia-based company engaged in exploration and production of oil and natural gas, and provides other related activities. It is also engaged in coal mining, manganese mining, and engineering and procurement construction industries. It has coal reserves in Kalimantan and manganese mine at Flores island. The Company has a partnership with PT Pertamina EP on an enhanced oil recovery (EOR) contract at the West Benakat oil field, South Sumatra. Ream more »

Sering ga kita denger kata-kata kayak gini keluar dari mulut orang sepertinya bersyukur. Sayangnya biasanya orang yang seperti ini akan sangat menyesal bila saham yang mao dia beli ternyata benaran naik tinggi sekali :p Kata bersyukur manjadi caci maki.

Ternyata memang benar trading tuh bukan cuma skil dalam hal menarik garis secara tepat dan akurat maopun skil yang terasah seperti Warren Buffett ( WB ), yang sangat jago sekali dalam membaca laporan keuangan seperti membaca komik. Trading butuh mental, ga perlu ampe mental baja segala deh, mental diatas tempe aja uda cukup banget tuh. Kenapa metal diatas kualitas tempe aja cukup bagus ? Tentu kita pernah makan tempekan? Kita juga tao kesolidan tempe itu karena adanya perekat diantara sesama biji kedelai, dengan adanya perekat itu, kekuatan tempe menjadi cukup kuat sampai menjadi batang tempe ( TEMPE BAR ) , istilah kerenznya :p Seperti itulah kira-kira, bila diperumpamakan mental di atas tempe pastinya jauh lebih kuat daripada tempe itu sendiri Ream more »

Tadi pagi-pagi sekali teman saya yang sudah lama sekali tidak ada kabarnya, tiba-tiba menelpon lalu dia berkata :

Lu pasti cuan gede ya?

Dengan nada agak binggung saya jawab ; cuan apa bro? Lu kan dulu ada anjurin gue beli emas saat itu emas baru sekitar 150 ribuan. Saya sendiri terus terang rada lupa, tahun berapa saya anjurin dia beli emasnya :p

Yang jelas ketika tahun 1997, saya pernah hadiah in cincin emas buat pacar saya ( yang saat ini adalah istri saya ). Saya ingat sekali saya beli itu cincin seharga 75 ribuan ( uang dari fee ngajar les saya saat itu ). Emas tersebut 1 gram lebih dikit.Pas kemaren tuh orang sibuk-sibuk bilang emas mao ke $ 2000 ato ke $ 2500 / troy ounce, kita mala sibuk jualan Ream more »

February is always an exciting month for followers of Warren Buffett and his closely watched firm Berkshire Hathaway (NYSE: BRK-A, BRK-B). At the end of the month, Buffett will publish his annual letter, which is always filled with the Oracle of Omaha’s insights, from the technical to the folksy.

Prior to that, though, investors will get to see where Buffett has been placing his bets of late. The disclosure of Berkshire’s end-of-Q4 holdings will be made public in about two weeks.

A look at the performance of Buffett’s holdings from the start of Q4 shows that his publicly traded investments have been mostly in the black. During that period, Buffett has seen gains from names like American Express (AXP), U.S. Bancorp (USB), Wellpoint (WLP). Each of the stocks is up by more than 15% since the end of Q3.

Buffett also made a special investment (not listed among Berkshire’s publicly traded holdings) in Goldman Sachs (GS) at the height of the crisis that has reaped huge gains. Ream more »