international exposure via lics eg cho, page-9

Yes, the B scrip is 1/30th of the A. I picked up some come near the $4k mark. I was hoping they would drop below $4k, but considering the near parity to the usd, there is no need to quibble over a few points.

The first twelve pages of the tweedy report are most important, specifically when discussing the credit crises. We are far from over and telling by todays movements (a good thing in my opinion) we will continue to see a slow weeding out of participants who will never learn. This is good for us (forever holders) as we should continue "to focus on identifying a good business with strong financial and competitive characteristics at attractive prices."

Why should we welcome such volatility and add [to strong businesses]?
We will never know the bottom. And I certainly can never pick them. But, clearly looking at some line of a graph compared to the underlying business itself makes no sense. Its the business and its fundamentals that wins in the long term and thus will represent in the price of the security.

Thus, Tweedy summed it up perfectly: "2008 could be a terrific year for planting the seeds from which attractive future returns will grow."