Thread: Thank God for the internet!

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  1. #1

    Default Next president?

    So who do you want to be the next president? I just want a democrat in the white house to fix Bush's problems. Explain who and why you want them to be president.
  2. #2

    Default No Coke for Jesus

    Sight Of Jesus Drinking Coke Prompts Lawsuit
    Coke Doesn't Want That Type Of Promotion

    POSTED: 9:31 pm EDT April 5, 2007
    LOS ANGELES -- The company's theme song used to be "I'd like to buy the world a Coke," but apparently the offer doesn't apply to Jesus.

    Coca-Cola Co. is suing producers of an Italian film titled " 7 Km da Gerusalemme" (Seven Kilometers From Jerusalem), that shows Jesus swigging Coke from a can in the desert. Coke said the scene would probably give the soda a bad image. A spokeswoman said, "We are not interested in this kind of product placement."

    The film is set in present-day Israel.

    Variety reported that the movie was due to be released April 6, Good Friday, but it has now been pulled by Mediafilm. The company had hoped to capitalize on the Easter spirit.

    Quite hilarious from my point of view; Jesus gives Coke a bad image, I can hardly stop laughing.
  3. #3

    Default owning a gas station... questions...

    A nice deal sort of fell in my lap. I have a chance to own a gas station/convenience store. Should I risk it and do it? Anyone know about doing this? Ever done it, or know someone that has? Is it worth it? How much do you make from selling gas/diesel? It will be in an area were many 18-wheelers go and plenty of room for them to get in and out easily. It's not free or anything, but it's a damn good deal. It already was a gas station at one time, but not now. The tanks are the new fiberglass ones and it's up to EPA codes and such. It's not free, so there is some investing I'd have to do, but it's a really good deal if it's worth the trouble. Pros/Cons?

    Thanks!
  4. #4

    Default Brain Flatulance 4/8/07

    From the Wall Street Journal this week:

    Crop Farms in Skyscrapers:
    Feasible or Pie-in-the-Sky?
    The only hope of feeding the Earth's expanding population without exacerbating global warming is to create an infrastructure of urban farms, a Columbia University scientist says. Don't worry about finding enough space, he says -- crop farms could be built into urban skyscrapers.
    Dickson Despommier, a professor of environmental sciences and microbiology, says that skyscraper farms represent a feasible strategy for growing food while protecting the environment, Lisa Chamberlain reports in New York magazine.
    It might seem pie-in-the-sky, but consider this: Mr. Despommier estimates that 150 or so vertical farms could feed the entire city of New York (pop: eight million) for a year. Assuming environmentally friendly building systems are used, a vertical farm would be self- sustaining, producing a net output of clean water and energy.
    Why build vertical farms in urban areas? Controlled settings like skyscrapers would protect crops from traditional scourges of farming, from bad weather to contaminated run-off. With 80% of the world's population expected to live in urban areas by 2050, it makes sense to situate farms nearby. Ms. Chamberlain doesn't say how Mr. Despommier would offset the high real-estate costs or transportation complexities associated with urban areas.
    Mr. Despommier began researching vertical farming six years ago. Since then, scientists from land-scarce Dubai and the Netherlands have contacted him about working on his ideas. He says it would take a group of scientists, architects and planners five to 10 years to figure out how to create workable skyscraper farms, and he is hoping to cultivate the deepest-pocketed philanthropists, and oil companies, to make it happen.

    Wall Street Journal (4/7/07)
  5. #5

    Default Warren Buffett

    I find it interesting that we've found out that Mr Buffett has bought Posco in Jan and now a railroad. Clearly he doesnt think these old world stocks are slowing down. However, what I find most interesting in this story is he has basically a 60/40 stock to cash position. And a 1/3 fixed income to stock position. That stock to fixed income seems a little conservative but the stock to cash is very conservative. I wonder if that suggest he thinks stocks will become cheaper and he is waiting and/or there is not much out there that is worth buying right now. Essentially he may think stocks are a bit rich??


    Buffett's Berkshire buys big Burlington stake
    Legendary investor's firm takes stake of more than 10% in railroad Burlington Northern.
    April 7 2007: 2:09 PM EDT


    NEW YORK (CNNMoney.com) -- Warren Buffett's Berkshire Hathaway Inc. has bought a stake of more than 10 percent in railroad operator Burlington Northern Santa Fe Corp. that's worth about $3.2 billion, according to a filing with regulators.

    The legendary investor's firm and its subsidiaries have acquired about 39 million shares of the Texas-based railroad, Berkshire Hathaway (Charts) said in an S-4 filing with the Securities and Exchange Commission late Friday.


    Buffett is perhaps the world's most widely imitated investor.
    Burlington Northern (Charts), based in Fort Worth, Texas, has about 358 million shares outstanding. The company's stock closed at $82.72, up about 1.3 percent, on the New York Stock Exchange Thursday. The stock market was closed for Good Friday.

    The acquisition of Burlington stock is believed to be the first time that Buffett's firm has bought a stake in a railroad.

    His other holdings include or have included American Express (Charts), Coca-Cola (Charts), Wells Fargo (Charts) and Chinese oil company PetroChina (Charts).

    Buffett, 76, said in Berkshire's annual report released last month that he plans to hire a younger person - or perhaps more than one - to understudy him in managing Berkshire's investments.

    Buffett said he will be helped in his search by Lou Simpson, 70, who has managed the investments of Berkshire subsidiary GEICO for more than 25 years, and by Berkshire's vice-chairman, Charles Munger.

    At the end of 2006, Berkshire had $61 billion in equity investments; $28 billion in fixed-income securities; and cash holdings of $43 billion.
  6. #6
  7. #7

    Default spinning - thinking about trying this trading thing

    I have only recently started watching Cramer. I wanted to try buying the SHCL stock that he recommended. I am a college student and he recommended this even for people like me.

    Here's the problem - I want to buy a share, but alll the online trading sites I found require at least $500 to start. I only want to buy this one stock and see what happens.

    I would really appreciate some help with this.

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