Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
GSVC (GSV Capital) was supposed to be the stock that allowed even the average person to get in early to the Twitters and Ubers of the world. It's down by half from three years ago. The Ubers of the world are looking bubble-ish to me at this point, I…
"99.9% of these people in the investment world still roam the halls of money; without prosecution."
And a while back, in a discussion touching on outrageous Wall Street bonuses, somebody was trying to make the point that all of these folks still de…
@Scott: noted your interest in getting back into HQL. Tekla announced authorization to repurchase up to 12% of outstanding shares. I guess that will benefit me, but it's hard to call the shares undervalued.
I own HQL and THQ. I did own HQH too for …
Baseball cards was my introduction. I wish I'd introduced the idea of selling my collection before the industry crashed. Still, made some money as a kid.
I suppose the other issue becomes psychology of money and the fragility of that when you have negative interest rates. Do you get enough people - in particular enough people with a lot of money - deciding that they'd rather not have their money in c…
Okay. (Shrugs.) (Hey, that's only two words.) Well, seven if you count the "Hey, that's only two words. Now it's eighteen. 21 with that. (walking away.)
I noticed this as well and am rather curious as to the reasoning why. I would understand it in terms of THQ (which is also included in the buyback and is trading at almost a 10% discount), but not HQL/HQH. Perhaps I'll write them tomorrow and see if…
Healthcare has had a good run, but I still think some of the large biotechs are not richly valued (Gilead in particular, trading at a 9.5 forward p/e.) Healthcare continues to do well, I think and has multiple tailwinds. Energy isn't going anywhere …
Looks like I'm going to have to enforce the 40 word posting rule again...the run-on is getting ridiculous again after you all were doing ok for awhile, you know who you are
note: you hold Nobodys interest after 40 words...trust me... this is a blog …
"The little guy gets the idea a particular market moves only in one direction."
You have that. People act like the market is broken now when it goes down. "Wait, isn't everything supposed to be green every day?"
"All the more reason we small inves…
Good timing. I'll have to look into BPY although I am sort of full up on REIT's. Added to AMTG and STWD during the morning slump and off loaded a couple of energy stocks where I am grossly overweight at the height of the afternoon liftoff. HASI is t…
This couldn't say it any better: "Oil spiked 6% because "The Fed said the economy is slowing"; Stocks are up because "The Fed said the economy is slowing"; USD strength is a signal of the strength of the US economy which "The Fed said is now slowing…
This couldn't say it any better: "Oil spiked 6% because "The Fed said the economy is slowing"; Stocks are up because "The Fed said the economy is slowing"; USD strength is a signal of the strength of the US economy which "The Fed said is now slowing…
So, I could stick my money into a 15-mo brokered CD at 0.55% or leave it in my current savings account at 0.75%. Tough choice.
You're lucky to get that much (0.75)
"Quite true, but let's examine the overall context: I submit that it's quite possible that without the "easiest monetary policy in history" the question might very well be how to reverse the -5% GDP fall."
I'll throw this into the opinion pile as m…
"over exposed to healthcare"
Personally, I'd just stick with that. I still believe in emphasizing needs over wants long-term and health care continues to have a number of tailwinds.
I'd be cautious on Latin America - Brazil is a disaster. I feel …
Scott, you know we're in agreement. My buy's this morning were before she spoke and only to take advantage of adding to my current positions at sale prices.
Absolutely. I'm very much in agreement with you. I think there are still values and I'm addi…
"Either way, none of this creates sustainable growth." Well, at this point that is an opinion, not a proven fact."
The easiest monetary policy in history and you're struggling to maintain 2-3% GDP growth, which the Fed just downgraded its outlook o…
Folks scrambling to buy again
Which way did the goalposts move today? They remove "patient" but downgrade the economy and suggest slower rate increases.
This is all such utter noise.
Here's the thing: am I complaining about what the market just di…
" is intended to drive down bond yields, in theory restarting lending and helping the economy to grow faster."
It certainly may at the corporate/institutional level, but will most likely not at the consumer level. Either way, none of this creates s…
I've said this a lot on the board and I'm convinced that it will not happen in terms of financial education in schools.
"debt is fundamentally spending that has been pulled forward, and debt needs to be paid back through reduced spending down the r…
Calling it the Blackstone tower sounds much better than the Willis tower.
BX looks very good. I might consider that. Cannot beat the dividend.
Keep in mind that the dividend is not going to be consistent over time and it is a volatile stock. It i…
"I ventured over to IDB expecting to find pro-Castro style economic advice. I was shocked, shocked that they have capitalist opinions. Fortunately I got my non-extremist pro-Castro OP over at Rollingstone. It helped me get my head straight as I then…
This whole "politics as religion" thing is getting ridiculous on both sides. I don't care what political side someone is on if they have interesting ideas.
One alternative would be to purchase the top rated left wing financial paper if conservatism …
ULTA +7% after exceptional earnings. SBUX near $100. Apple off high but still up nicely over the last year.
I have a LOT of concerns about the global economy, but when women are still spending obscene amounts of money for ridiculously high margin …
Here's the thing: I don't love that this happens, but: if this is happening it's because it can. These firms are raking in that degree of money. Fundalarm goes into good detail above.
The fact that you have a government who caters to every whim of…
and at 5:00pm what would you do with that information? Just curious? Something you can do that you can't do at open of the market the next day......or are you just bored?
I'm in a learning mode
It's not that they're intending to do something, but (…
Dennis Gartman said he didn't like US stocks yesterday. Therefore we have a melt-up today.
Also, interesting that Gartman's daughter is a senior producer at CNBC.
@scott, Exactly. The media is front running stories about a possible bear market when all we have so far is a small pullback. This same mentality is being played out with the "When will the Fed raise rates" story.
These stories get lots of attent…
