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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Difco who wrote (46416)	2/3/2012 7:51:19 AM
From: Madharry	Respond to of 79050

thanks for the podcost, very entertaining to listen to. sounds like the place to start a financial consulting business. i posted an all you want to know about gold link on the endeavour mining thread. the anxieties are clear about boom and bust of people who have been through it. As a mining investor I am pleased as punch to hear about all this anxiety . certainly not the stuff bubbles are made of. love listening to the mayor. I wish we had only retired small business owners as politicians, the country would be much much better off. once the gold is gone the party is over is a great line to remember. thats is why gold and silver are increasingly valuable. gold miners are still using feasibility studies assuming gold at around $850.

To: Difco who wrote (46416)	2/3/2012 11:53:27 PM
From: Difco	Read Replies (2) \| Respond to of 79050

To all, Reading the WSJ today, I was struck by a new financial metric, which is used by private equity and a favorite of Blackstone - economic net income, which includes unrealized gains and employee compensation. For example, Blackstone posted a net accounting loss of $269 million for 2011, but it's economic net income was $1.39 billion. It seems that economic net income has become a popular metric since the New Jersey Division of Investment invested $1.8 billion with the company. Under FAS 157, private equity investments are mostly level 3, thus it's up to management's discretion to come up with fair value for them and the auditors to sign off as reasonable. If this metric were to become even more popular, how long would it take for us to hear about economic net loss?