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They always talk about the value of the real estate but even that is questioned at times. I get the feeling they are milking Sears for all it has and when their done, nothing will be left.
http://seekingalpha.com/article/3253945-lawsuit-alleges-la…
"So what am I missing here in terms of "milking Sears for all it has"? "
I was not speaking of their method but rather the end game, whenever it happens. I don't believe their will be anything left of Sears.
I'll agree with that. They're spinning…
The original estimate was that 4M workers were effected. Now CNBC says 9.5-14 million possibly effected.
Fireeye (FEYE) and Palo Alto (PANW) up on a down day.
When Money Dies...
The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar, Germany
by Adam Fergusson.
Unbelievably depressing but I think it's still a very highly recommended and fascinating read.
"Lampert owns half, Berkowitz a corner, they can't possibly sell, they've either got to liquidate the company or get it paying dividends."
Float: 13.99M
Shares Short (as of May 15, 2015)3: 10.67M
If this goes wrong for Berkowitz/Lampert, it gets i…
http://www.thestreet.com/story/13182061/1/sears-shld-stock-continues-to-plunge-on-heavy-volume.html
The subscription right entitles the holder to buy one half of one common share of Seritage for each share of Sears Holdings common stock for $29.58 …
Danaher, Jardine Matheson, Berkshire and Hutchison Whampoa (now CK Hutchison after it was restructured) are primary examples I own.
Blackstone perhaps fits. I own two of Brookfield's spin-offs.
Leucadia and Loews are examples, but neither has don…
So instead of toasters we might be offered free government debt obligations for opening new accounts?
Hopefully one of these new bank account "prizes" isn't described as "G.D.O wallpaper".
Thinking kinda along the same lines I was looking at Ventas but bought some RQI instead.
HCP/HCN (and don't get me wrong, those are very good REITs) often seem to be the focus and Ventas seems to be less talked about. Personally, if I was going to g…
Added one more time to Brookfield Property (BPY), which remains too tempting around $22. Done tho, as I don't want the position larger than it is in the overall portfolio.
"I'll gladly pay you Tuesday for a hamburger today." Who would have known that 50 years later this famous cartoon quote would rise to such importance?
It's basically the mentality that much of the world has these days.
"If the US capital markets crater based on the removal of ZIRP, and its replacement with (gasp) 0.25% money, that is symptomatic of bigger problems."
(Nods) Exactly.
"That ties in with what Singer was stating in the article. He didn't say it directly but the impression I got was he would go with gold. "
I think that's what was "implied" by the article in the commentary towards the end, but I don't think it gets…
@scott, After reading that ZH article, I think I'll pour three fingers of scotch.
Well, yeah. I just don't think it ends well, but everyone worries about another 2008/major decline. I'm just not sure it looks like that.
In 2008, you wanted to be…
The next step would be incorporating Apple Pay/Google Pay into ATM machines. Hopefully it would be less prone to theft due to scanners and cameras.
They have it now where you can "pre-order" your ATM transaction (http://www.fisglobal.com/C024276) a…
Reading David's comments from the other threads bolstered my thought on whether this market continues up or turns bearish. If your doctor is treating you and doesn't know what to do next, you would loose faith in that doctor very quickly.
This is r…
Thanks for that @scott.
No prob. I mean, we live in this world where if they can at least get the point of sale right (tokenization for Apple Pay, using the master Mastercard for Google Wallet), that's at least something that is secure and working …
I don't think there's a concern at the point of sale, but there has been some concerns regarding other aspects.
http://www.zdnet.com/article/apple-pay-could-help-move-online-credit-card-fraud-into-physical-stores/
"....why today's buyback boom is an economic distortion created by the Federal Reserve's excessively accommodative monetary policy."
Nahhhhhhhhhhh...lol. If it is, hopefully companies will handle things better than Michael Kors has, losing hundreds…
Thought this was kind of interesting: "...when T. Rowe announced the closure, that the health sciences fund grabbed $820 million in the first quarter, fully 42% of T. Rowe’s total haul in the first three months of 2015:"
Is there any purpose of having this kind of fund in your portfolio? It is a very niche type of fund.
I suppose it's sort of a bond alternative in the regards that you hope it'll hit singles in good times and bad and possibly a double on a really g…
@ron
Shucks - Any of the regulars here who say they aren't at least "somewhat" addicted are kidding themselves.
I'm addicted to the research and idea generation process in terms of investing. However, I think managing to stop caring about the day-…
Geez - Just the "teaser" Ted excerpted is interesting. I'll look forward to the link when it becomes available.
Wish it were available in transcript form - as I find transcripts faster & easier to digest. Also - near the end of the month we ru…
"Not only does it matter, it matters greatly what is our perceived position within any cycle."
I know where my opinion is as to where we are in this cycle, but I also know that, if you view this as seasons, Central Banks seem hell bent to not allow…
Not certain what sort of "standard" allows an unsupportable statement such as "the New Deal was a failure".
This may be a belief that some hold; it certainly is not a supportable historical fact.
"the New Deal was a failure"
"My intent is to discu…
@Scott Yes, but there are nuances to the media's political alignment. Some swing left or right.
I'm simply saying that media outlets have focused on playing to their "base", whether it is right or left and telling how all of the problems are becau…
"it's hard to argue it's a Communist idea."
Nah, all you gotta do is say it! Who needs logic or facts? If Fox News doesn't need them, why impose a higher burden of standard on Ted?
Huffpo (who basically poaches a ton from Reddit; https://www.reddit…
I don't think large cap biotech is a bubble; there are smaller companies that I think are excessively valued based on hopes on their pipeline.
That said, as I mentioned in another thread, Express Scripts and the other PBMs are going to continue to …
As much as I respect Josh Brown (one of the few positives left about CNBC), when someone states that "x is inevitable", I tend to be a little concerned.
One more small purchase of BPY (which is still trading noticeably less than book and quite a bit less than what the company is reporting IFRS book value is), one more small purchase of CNI.
Junkster said "Whenever we do get a serious correction of 10% or more we will look back and suddenly see all the things we didn't see when the markets were at their tops."
Truer words were...
and Scott notes: "a castle built on sand rather than so…
