16 April 2007

I'm Warren Buffett Part Deux





Deux sounds like Ducks, doesn't it? Two days, +3%. At this rate, I'll be up 400% on the year!

Yes, absurd, short term gains are pretty meaningless given the long-term holding nature of the investment. But hey, it feels nice to be +75 without doing any work. And I'm happy I got in before 1Q earnings were announced this week, although most of the work today was rooted in the HUGE Sallie Mae buyout, announced at $25 billion from JP Morgan and Bank of America. Hopefully that'll keep the bulls running and keep my investment in Contrarian in the black for awhile.

On another note. The Ducks are up 3-0 on the Wild in Round 1 of the NHL Stanley Cup Playoffs. As John Buccigross said on ESPN:

No. 2 Ducks vs. No. 7 Wild
Unless the Wild sign David Ortiz, this series will be over this week. It's early, but this playoff picture is playing into the Ducks' hands. If the top three seeds advance, the Ducks get the Canucks. A tough matchup, but one Anaheim should win. Then, the Ducks would get either a Detroit team who would have had a very physical series versus the Sharks, or the Sharks or Predators, who could be worn down.

Of course I'm happy to hear about this, but I disagree with one small point. I don't think David Ortiz could save the Wild from the broom this year. The Ducks are dominating both sides of the ice, Bryzgalov is playing well, and...they're the Ducks. Doubleplusawesomo.

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