Selmax,
Thanks for your kind words. No, I'm not a baccarat player but I can understand the attraction to the game and I do get your meaning.
I was interested because you said that you were looking at buying some CER but it seemed like you avoided it because the stock didn't do that well today.
After a day like today, there is a very good chance that I completely misunderstood.
Your comment just happened to coincide with me watching yesterday (for about he 10th time) a Columbia University talk given by Lewis Sanders from Alliance Bernstein in which he talks about exactly what I mistakenly thought you said... and many other things.
Anyway, the lectures are here and worth a watch if you have completely run out of things to do with your spare time.
http://www4.gsb.columbia.edu/valueinvesting/schlossarchives/class_recordings
Better still, in true Swap fashion... they are free.
Good luck with the Baccarat!
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Selmax,Thanks for your kind words. No, I'm not a baccarat player...
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