Eric,
I have no clue if you are already in the investment management business or not – but I do know you have good ideas based on your previous comments. I have a good friend that wants to give a bunch of guys around 100k who are capable fundamental value type investors. This 100k would just be an initial allotment. You would manage it in a seperate account and would get 20% of profits. There would be minimal paperwork or overhead, etc – just pure investing like for your personal account. If you did well, he would ramp up funding and eventual help you create a hedge fund if you wanted to pursue that route. If you aren’t interested in this route he is also willing to pay you for your ideas, a la valueinvestorsclub but at a higher level that we haven’t determined as of yet.
Anyway, let me know if you would be interested in hearing more about this and I can elaborate.
I linked to your blog quite by accident, and ended up browsing through it because I thought I recognized one of the people in a picture. Turns out I was mistaken, but I did find that you and I are interested in many of the same to topics. To that end, I thought you might be interested to take a look at my web site about making money. Since you blog about a related subject, you might find the referral bonus progrma to be of interest since it is very generous. Here’s the link: http://www.investorsmastermindcourse.com/?rid=652kg2g
Unfortunately, you need to register for the course to use the bonus program. I’ve set it up that way to prevent people who are not genuinely interested in the material from promoting it in order to stay well within the rumored new SE registration restrictions from Google.
re: Dominion Homes Takes Buyout Over Bankruptcy
February 9, 2008 by Eric Schleien
Didn’t you mean the year 2008 in this sentence:
On January 18, 2007 Angelo Gordon & Co., L.P. a well respected firm along with Silver Point Capital, L.P. decided to take the company over for the bargain price of 65 cents a share which would equate to about a 5.5. million dollar market cap.
I am looking into another homeBuilder, Standard Pacific, ticker SPF, which also is dealing with a possible bankruptcy… do you have any comments on this co and investing in the homebuilders while they are down so much?
Martin Whitman, who is in charge at Third Avenue, gave a speech at Columbia the other week and he said good things about Standard Pacific and MDC. I really don’t have an opinion on most homebuilding stocks either way and me nor Carl have not bought any homebuilding stocks in our fund as of now.
Eric,
I have no clue if you are already in the investment management business or not – but I do know you have good ideas based on your previous comments. I have a good friend that wants to give a bunch of guys around 100k who are capable fundamental value type investors. This 100k would just be an initial allotment. You would manage it in a seperate account and would get 20% of profits. There would be minimal paperwork or overhead, etc – just pure investing like for your personal account. If you did well, he would ramp up funding and eventual help you create a hedge fund if you wanted to pursue that route. If you aren’t interested in this route he is also willing to pay you for your ideas, a la valueinvestorsclub but at a higher level that we haven’t determined as of yet.
Anyway, let me know if you would be interested in hearing more about this and I can elaborate.
wes
I purchase $2000.00 in shares of berkshire hatahway stock in 1998. What is is worth today?
I linked to your blog quite by accident, and ended up browsing through it because I thought I recognized one of the people in a picture. Turns out I was mistaken, but I did find that you and I are interested in many of the same to topics. To that end, I thought you might be interested to take a look at my web site about making money. Since you blog about a related subject, you might find the referral bonus progrma to be of interest since it is very generous. Here’s the link:
http://www.investorsmastermindcourse.com/?rid=652kg2g
Unfortunately, you need to register for the course to use the bonus program. I’ve set it up that way to prevent people who are not genuinely interested in the material from promoting it in order to stay well within the rumored new SE registration restrictions from Google.
Anyhow, I would be grateful for your opinion.
re: Dominion Homes Takes Buyout Over Bankruptcy
February 9, 2008 by Eric Schleien
Didn’t you mean the year 2008 in this sentence:
On January 18, 2007 Angelo Gordon & Co., L.P. a well respected firm along with Silver Point Capital, L.P. decided to take the company over for the bargain price of 65 cents a share which would equate to about a 5.5. million dollar market cap.
I am looking into another homeBuilder, Standard Pacific, ticker SPF, which also is dealing with a possible bankruptcy… do you have any comments on this co and investing in the homebuilders while they are down so much?
Yes, I did mean 2008, thank you!
Martin Whitman, who is in charge at Third Avenue, gave a speech at Columbia the other week and he said good things about Standard Pacific and MDC. I really don’t have an opinion on most homebuilding stocks either way and me nor Carl have not bought any homebuilding stocks in our fund as of now.
If you want to discuss more email me at schleien@eiscapital.com
Best,
Eric