RBD - Restaurant Brands

[Snoopy]

http://papers.ssrn.com/sol3/papers.c...act_id=1635061

Thanks for that Phaedrus. Some think that Buffett invests always along the lines of one investing model, as outlined in those Buffett books. But this isn't true. Buffett frequently takes advantage of short term arbitrage opportunities. For example after a takeover offer is announced he often buys into the takeover target. Often the returns on these plays are quite small in percentage terms. But the high certainty of a result, Berkshire's scale and the ability to repeat the process on a subsequent takeover target means that from an annual perspective, these deals can be lucrative. That helps explain many of those short term deals identified in the research paper.

SNOOPY

[BRICKS]

BRICKS is of to hospital for major surgery and hopes he will come out alive so before going SOLD 2000 RBD just to say
well I collected some money for all our efforts so with all this current crap talk about up`s & downs BRICKS would
rather have FULL HEALTH.. GOOD LUCK..

[macduffy]

And all the best to you, BRICKS.

Look forward to seeing you resume posting in near future.

Cheers

[h2so4]

Perfect trade Bricks.

I am sure your surgery will be perfect.

[percy]

BRICKS is of to hospital for major surgery and hopes he will come out alive so before going SOLD 2000 RBD just to say
well I collected some money for all our efforts so with all this current crap talk about up`s & downs BRICKS would
rather have FULL HEALTH.. GOOD LUCK..

I was just thinking about you.Was going to look out for you at SCY's AGM tomorrow.All the best with the major surgery,and I look forward to you keeping us updated on your health.

[Snoopy]

BRICKS is of to hospital for major surgery and hopes he will come out alive so before going SOLD 2000 RBD just to say well I collected some money for all our efforts

Glad you managed to get out on top Bricks. And thanks for the moral support on this investment over the years. I hope the hospital rebuild goes as well as you can expect, and get back to us when you are back up to speed. You certainly will never be 'just another brick in the wall' here.

SNOOPY

[Lizard]

1. Buy back the "pizza hutt" domain from Domino's (for patrons in Upper Hutt and Lower Hutt that are confused about how to spell "Hut")
2. Insist that after 1 year/5 long-winded phone calls to our help desk, that our web-site should be able to take delivery orders from Porirua for houses previously covered by (now defunct) Mana.
3. Consider retiring delivery staff that are too old to recognise current New Zealand currency or provide correct change to such in under 5 minutes.
4. Check that BRICKS has recovered from surgery...

[Sauce]

5. Check that Snoopy is OK after the earthquake..

Not a peep from him since then, hope his family and abode are all good.

[percy]

5. Check that Snoopy is OK after the earthquake..

Not a peep from him since then, hope his family and abode are all good.

I note SNOOPY posted on NZ Farming Systems Uruguay thread yesterday at 1.41pm.

[h2so4]

Geez that 1/2 year went quick. Might have to check I'm looking at the right report.

I only had time for a quick glance at the report but it looks like a solid result yet again.