Excerpts from Warren Buffett's annual letter

Billionaire investor Warren Buffett released his annual letter to Berkshire Hathaway Inc. shareholders Saturday. Berkshire's chairman and CEO explained how the purchase of the Burlington Northern Santa Fe railroad contributed to a big jump in income at the Omaha-based company. Buffett also offered advice on several key business principles for investors.

Here's are excerpts of what Buffett had to say:

AMERICA'S FUTURE

"Money will always flow toward opportunity, and there is an abundance of that in America," Buffett wrote. "Commentators today often talk of 'great uncertainty.' But think back, for example, to December 6, 1941, October 18, 1987 and September 10, 2001. No matter how serene today may be, tomorrow is always uncertain.

"Don't let that reality spook you. Throughout my lifetime, politicians and pundits have constantly moaned about terrifying problems facing America. Yet our citizens now live an astonishing six times better than when I was born.

"The prophets of doom have overlooked the all-important factor that is certain: Human potential is far from exhausted, and the American system for unleashing that potential -- a system that has worked wonders for over two centuries despite frequent interruptions for recessions and even a Civil War -- remains alive and effective.

"We are not natively smarter than we were when our country was founded nor do we work harder. But look around you and see a world beyond the dreams of any colonial citizen. Now, as in 1776, 1861, 1932 and 1941, America's best days lie ahead."

that's true not just for the us market but some other world markets
as well i think

Atp World Tour - Best of 2010 (HD)

dedicated to tennis lovers where ever
and people who have the patience and
the passion to trade this sport.

see you tomorrow in class
thank you all

Sat Classes Sign Up

sign up begins for tomorrow classes
send us mail to rc.177@hotmail.com

sign up for this sat will be open
till 20:00pm this evening.

Del Potro v Gabashvili

same trading different commodity

I have been trading this certain stock during the last
3 monthes while at the same time holding a long term
position on it. i think the advantages speak for them self.

our experienced traders are advised to do the same with
better support and larger volume. the only disadvantge
is the time it takes. i only made 5 trades in 3 monthes.
but you know developing patience is considered a goal
for me.

this subject will be covered on Sat Classes.

bringing will continue tonight

the gods of tennis are kind
and hopfully there will be
good prey tonight.

it's important not to be addict and avoid
trading all day from match to match. which
leads to loss. instead show up for value
only. every one likes fast profits it is
addictive but real profits come slow to
the patient.

also it's importnt to have a sense of humour
cause there is a limit to what you can do if
the market don't offer the oppertunity.

good luck to all readers
traders come online

Berlocq v Dolgopolov

live trade tonight

another live trade will
take place later tonight

come online/send mail to join

good evening to all

Chela v Schwank

the match odds behavior was very
strange looked like match fixing
to betfair awareness

come online

opportunity knocks
possibly

Fish v Raonic

today's activity

classes are going on thorough
the day. live trading will take
place later, come online.

Chela v Montanes

the match offered good trading conditions
big part of trading is simply to avoid risk
unless conditions are good.

tomorrow classes will be given
again during most of the day

have a nice weekend

Night Class Raonic v Verdasco

I had the pleasure of working with
a Singapore trader last night.

while we were finishing the theory
part a good match came along and so
we made 120% return right after class.


*notice the SGD (Singapore Dollar)

Chela v Zeballos

that would be it for tonight
on sat again trading classes
will be offered next live
trading when conditions allows
traders may sign up in advance

good night

live alert

possibly one more trade tonight

Wozniacki v Chakvetadze

it's always important to be there
when the chance comes along.

discipline is a big part of trading
avoid markets when conditions are
not met and trade when it's worth
taking a chance. remember over trading
is in the interest of service providers
and not traders.

trading alert

possibly a trade will be done
later tonight watch the markets

Spectator Ruins Championship Point, Raonic vs. Verdasco (SAP Open, 2011)

The 1st Video of Samsung Galaxy S2

Sat Classes

tomorrow from 1:00pm and on
till late at night classes
will be given to readers.

next live trading session
may come soon...

have a nice weekend

Starace v Dolgopolov

lots of patience needed to get to this match
since the end of the au open but than traders
were called earlier today and the result is good.

classes will take place on Sat for most of
the day again. not sure when the next live
trading will come follow the blog.

live trading tonight

chance to trade a match tonight
mail for details

Deutsche Boerse, NYSE in merger talks

Deutsche Boerse and NYSE Euronext said on Wednesday they are in "advanced discussions" to merge and create the world's largest stock exchange operator by revenues and profits.

"This transaction creates a group that is both a world leader in derivatives and risk management and the premier global venue for capital raising," the firms said in a joint statement.

"The global capital markets would benefit from the creation of the most efficient, transparent and well-regulated markets for issuers and clients around the world," it said.

The announcement came hot on the heels of the London and Toronto stock exchanges unveiling a landmark merger, creating one of the world's biggest trading platforms that will dominate the raw materials and energy sectors.

Shares in Deutsche Boerse were suspended before the announcement while NYSE Euronext soared by close to 20 percent.

Deutsche Boerse's market value is 11.3 billion euros ($15.5 billion) and NYSE Euronext 9.2 billion dollars, based on Friday prices.

It is not the first time that the German firm, which operates the Frankfurt stock exchange, has attempted to go down the aisle with Euronext. Its earlier advances were spurned, however, and in 2007 Euronext merged with the NYSE.

Deutsche Boerse also tried and failed three times to buy the London Stock Exchange (LSE).

bringing on iphone

thanks to one of our traders E
great to work with good traders
around the world :-)

time to give back to redears

classes will continue this evening
till late at night and than next sat
again...

classes today

few classes will take place today all through the day.
thanks to our readers for supporting the blog.

best value smartphone

samsung galaxy s2 will be unveiled feb 13

specifications:
A 4.3-inch WVGA screen using the next generation
Super AMOLED plus technology and a processing power
based on the 1Ghz dual-core Orion SoC. 4GB of ROM
32GB built-in flash memory. 8 megapixel camera with
full HD (1920×1080) video recording. Current-gen
smartphones record video at 720p (1280×720).
GPS, Bluetooth 3.0, b/g/n Wi-Fi, accelerometer,
gyroscope, proximity / ambient light sensors.
runs on Android 2.3 “Gingerbread” supports flash
unlike iphone and has LED flash for the camera
and HDMI out.

sat class

sat evening 5/2/11

a class will be given
for those readers who
asked during the AU Open
it is open to all readers
will deal with general
investing principles
which are important
om whatever market
you practice and trading
tennis discipline.

it will mark our first
class for the Roland Garros
yes so early...



participants will enjoy
practice sessions included
on next week tournaments or
later depending on market
conditions.

this class is open to all
our readers to join mail
rc.177@hotmail.com

Przysiezny v De Voest

Android 3.0 Preview

samsung galaxy s is a good value high end smartphone