Spring and early summer are here and that means three things:
Women begin the parade of skirts, shorts and other skin revealing ensembles
Golf bags are out of the closets and on deck in car trunks
Wedding season
Ah yes, wedding season… the perennial joy of buying gifts, looking happy to see people you could care less about, eyeing [...]
Someone got their hands on an instruction manual for Halo 3 and has leaked some of the images from the manual over the wonderful internet. The images uploaded from the manual should be enough to keep you Halo 3 fanatics happy. Don’t take that term as an insult either. I am a big time Halo fanatic myself. Enjoy the images as I am sure they will keep you happy. I look forward to finishing the fight with you in September. The images from the manual are located after the article break.read more | digg story
Well partially leaked, there are more then a few pages missing, but theres still enough goodies in there regardless. This definitely can tide me over till next month, when the fight can finally be finished. Check out the the story so far, game controls, characters, covenant species, and weapons all after the break. (more…)
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Here is Warren's annual missive. This is the value investing instruction manual. A word of warning: Be careful about relying on the media to frame his comments for you. Quite often in the past they have taken snip-its that sound good on TV but when you read them again in the context they were written, do not necessarily convey the same sentiment.
Berkshire Hathaway Annual Letter (you need Adobe Reader to view it)
Some commentary that is relative to recent news events:
Real Estate:
"The slowdown in residential real estate activity stems in part from the weakened lending practices of recent years. The “optional” contracts and “teaser” rates that have been popular have allowed borrowers to make payments in the early years of their mortgages that fall far short of covering normal interest costs.
Naturally, there are few defaults when virtually nothing is required of a borrower. As a cynic has said, “A rolling loan gathers no loss.” But payments not made add to principal
