Two best options for me on ICAP as a "tiny“ shareholder:

1. follow how Apple does: buyback + dividend (say 3% yield based on NAV, not share price). This way, dividend should be increasing (based on TTB's historical performance) year after year, share price will catch up, I'm pretty sure.

2. just shut up and liquidate

he will repeatedly telling us world economy crisis on its way. Well, if talk for 10 years, definitely can see one crisis happening, then he said "see? i told you."

when he refer himself as WB, why he never mention how WB's fund doing in recent year? Did WB keep 50% cash and waiting for a crisis to come?

Waste of time to attend, this one is with fee right? If free, maybe can go lepak like watching a movie.

TTB said (in ICAP's recent report) Warren Buffett also cannot find any stock to buy. He was lying! Who said WB didn't buy? He kept buying IBM and Well Fargo (millions USD) in the past few quarters. And just recently made the highest investment ever on buying Precision Castparts Corp with a price above market value of 21%!

TTB is bluffing us. WB where got wait? WB keeps looking for value investment opportunity. TTB do what? Just wait for market to crash, that's what he did in the past few years. Who cannot do that waiting? Market crash until many people cry and jump off the building that time, just buy cash rich blue chips lah, sure win money. What skill is that?

This post has been edited by yok70: Aug 24 2015, 02:05 AM