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By billytickets on Sat, 2007-10-20 12:01

Billytickets the author of Consume Consume and Consume More:Spend More Work Less .A book which will take you from zero to millionaire status, has "arrived" on this great website and will be taking questions from our readers. My articles have been well read on gurufocus.com and I am starting my own blog here as well. Feel free to ask any question about investing or an individual stock

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Nick on Sat, 2007-10-20 20:15
Title: Billy, Why not sponsor next

Billy,

Why not sponsor next months contest with a free copy of Consume Consume and Consume More:Spend More Work Less?

ingress on Sun, 2007-10-21 10:15
Title: accounting books

Do you have list of books about accounting for investors.
A top 20 list perhaps

answeres are much appreciated.

billytickets on Sun, 2007-10-21 14:28
Title: Accounting for investors is

Accounting for investors is not really very detailed .The"masters" seldom give away their secrets. My book Consume ,Consume and Consume More:Spend More Work Less. explains how to increase your net worth yearly by using a few simple accounting and tax principles. Great question

Nick on Sun, 2007-10-21 16:35
Title: Accounting Books

Novice:
The Accounting Game

Intermediate:
Interpretation of Financial Statements

Creative Cash Flow Reporting

The first book is a very friendly introduction to accounting that I think makes an excellent primer. The second book is by Benjamin Graham, but doesn't talk about the Statement of Cash Flows. The third book is all about the Statement of Cash Flow and Cash Flow analysis.

Enjoy!

Mark Perkins on Mon, 2007-10-22 03:27
Title: maybe a long-shot. Any

maybe a long-shot. Any opinion on Walter Industries Inc. (WLT) coal and gas company. value managers like them.

billytickets on Mon, 2007-10-22 12:29
Title: WLT

Not excatly the company I would be buying now but company seems to be very solid. I like USG much better at these levels though .I dont know excatly how much exposure WLT has to the mortgage business?

Mark Perkins on Mon, 2007-10-22 22:48
Title: Apparently it isn't a issue

Apparently it isn't a issue this is from the 10Q
"The Company remains largely insulated from the weakness in the housing sector and the highly publicized problems in the mortgage finance industry. The Company's Homebuilding business does not own large tracts of land for subdivision development or inventories of unsold homes. This eliminates the Company's exposure to potential write-downs if home values decline. Unlike most of the industry, the Company's unique Financing business focuses on consistent underwriting processes, fixed rate products and a disciplined servicing platform that emphasizes direct customer interface.
"

I had just scratched the surface reading some things about WLT buying back a lot of stock and how earnings were supposed to be ok or better than expected because of the acquis of that other company
http://biz.yahoo.com/ap/070815/walter_industries_mover.html?.v=1

thanks for getting back to me

Mark Perkins on Sat, 2008-06-28 01:58
Title: oh man, Walters WLT is up

oh man, Walters WLT is up over $100 now!

billytickets on Thu, 2007-12-06 12:52
Title: read this if you want an

read this if you want an eductaion in the market .George has created a great vechile you all need to keep spreading the word http://www.valueinvestingnews.com/storylink/1294

billytickets on Thu, 2007-12-06 12:52
Title: I have made more money

I have made more money sitting on my ass then I have made working

billytickets on Mon, 2007-12-10 15:03
Title: If you are serious about

If you are serious about becoming wealthy http://www.atfreeforum.com/billyticketswin/viewtopic.php?t=8&sid=3cad471082afa7fd5d2acf583a92a5e4&mforum=billyticketswin