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.
As a shareholder of BB's FAIRX, I feel he has done a poor job of communicating his value vision to his shareholders. I understand a desire to keep your cards close to your chest, but an occasional confident wink would do wonders for my morale as I…
Thinking of selling all of PASAX (a fund held within my hybrid income sleeve) and replacing with JNBAX or BAICX. I was close to doing this about a year or so ago but held off because I felt it was ready to make an upward turn. In hindsight, I shou…
I think there's very few things where I can really say with all certainty that they are "forever" holdings, or even "very long-term holdings". Railroads. Abbott. Ecolab has become one and has become an increasingly large holding. Lot of healthcare-r…
SFGIX PRASX TRAMX all getting clobbered. :( ...I'll be doing some buying in October and nearer to year's end. I want someone to tell me to buy ITUB which is Itau Unibanco ADRs. 52-week low, just now. Biggest bank in South America. Big presence. …
Next crash. GROW goes to $0.25. Buy, sell at $2.50. That's my plan. Of course it would mean I buy a stock after like forever. And I have a history of buying stocks of companies that go bankrupt. But hey, if I don't bind it, maybe someone will and th…
Art Cashin:
The Fed is out of options, QE is their only option if things go negative:
http://video.cnbc.com/gallery/?video=3000405645
"...they're in a kind of silly loop where they did QE expecting a reaction... didn't get it.. and then they did …
I found this one pretty damning from a June speech he gave to the CFA Society:
"Capital formation, as this process is known, is largely represented by the raising of equity capital for new and existing companies. In recent years, total public stock …
I don't see stocks going anywhere but down.
Dex - Where'd all that negative thinking ever get you?
(Buffet doesn't think so. Spending like a drunken sailor.)
:)
Buffett has also said (including about his recent decent on Precision Cast Parts) …
Yellen has said in the past she's not against NIRP.
Do you have any idea how NIRP could be implemented in the USA?
NIRP takes money from everyone, even the poor.
NIRP is happening in other parts of the world, why couldn't it happen here? …
Yellen has said in the past she's not against NIRP.
If she raises rates only to bring them down again, the story is over: people don't complain about ZIRP when they can take advantage of it, but when interest rates go up 50 basis points only to co…
No. Don't feel that strongly about any one country and would rather pick single names. Plus, I don't want to try and trade momentum would rather invest longer-term.
While I feel technology challenged to ask this question, I think I'm not the only one in this boat. How do you use the credit cards with a chip? I have one, but haven't seen anything in stores that tell me how.
Some stores have you put it in a…
Yet another short squeeze like all the others for SHLD on the way down.
Sears Holdings (SHLD - Get Report): "I don't see a future there."
http://www.thestreet.com/story/13208541/1/mad-money-lightning-round-i-see-no-future-in-sears.html?puc=yahoo&am…
i myself just cut the cable cable, eventho at the end cox offered to let me keep what i had for just $5 more / month than internet alone, but i hate my cable co so much for past dastardly deeds that i said to hell with them. in this regard, i thi…
@Old_Joe @scott heard on cnbc that there is "forced selling" by pension funds of hc stocks.
Good. Perhaps I'll buy more.
I'll also note that something that interests me is the Walgreens (WBA) partnership with Theranos.
Walgreens has Theranos sta…
Gilead has previously gone down after outstanding earnings reports. For some reason, the dividend did not seem to do much to create longer-term (or even somewhat less short-term oriented) shareholders in that stock. Trading at a 12 p/e, Gilead may …
I see a lot of small cap biotechs down 5% to 10% today including two I held as recently as last week. Heavens forbid if we have a negative reaction to tomorrow's employment report.
Apple down, cyber security stocks down, Keurig -30% (perhaps coke s…
Market breath peaked in April 1998 before the major decline began in March 2000. And back then it was just a handful of tech stocks that accounted for the big gains in late 98 to the final top. Not sure when breath peaked this time around. The ne…
TB - unless the companies are dealing from the bottom of the deck. See: Tyco, Washington Mutual, Worldcom, Enron and on and on and on.
Some worldcom stock certificates are apparently a collector's item.
http://scripophily.net/worincmcigro1.html
Sc…
This one includes pictures. Really, really bad. I don't know how they're going to have events.
http://www.businessinsider.com/rio-olympics-water-pollution-photos-2015-7
Sold LINE.
Uh, rather good call on that....
http://blogs.barrons.com/incomeinvesting/2015/07/30/linn-energy-there-goes-the-dividend/?mod=yahoobarrons&ru=yahoo
GBL hasn't done anything in a while. The peak in 2007 was $69. It's currently at $67. Gabelli's overrated. As for asset management stocks, I'd rather be in TROW, BX or - for the more bearish - OAK. Or AMG or KKR.
I look at Sketchers and I think WTF. I've never been impressed with their shoes. Some kind of hip thing I'm not aware of?
HAIN is one that comes to mind for me as one that got away. SBUX, too.
One that I'm thankful got away is Monitise (MONIF), wh…
Obviously not surprising now, but I would be surprised if they haven't raised by December.
I'm still thinking it winds up being next year, if that. Inflation is not where they want it, China is not in good shape and other cracks showing.
UPS earn…
I haven't backed up the truck with GILD shares, although I did purchase some more shares last Thursday.
Basically, you have a situation - even more than Apple (and Gilead has often been called the "Apple of Biotech") where the market is demanding …
Patience in GILD will be rewarded as it's a monster...
Yeah - it's not without risk, but yet another giant quarter and the thing still trades at a single digit forward p/e.
http://blogs.barrons.com/stockstowatchtoday/2015/07/28/gilead-sciences-bi…
I'm watching Gilead... maybe at 105?
Gilead Sciences earnings: $3.15 a share, vs $2.71 a share expected
http://www.cnbc.com/2015/07/28/gilead-sciences-earnings-.html
Reports Q2 (Jun) earnings of $3.15 per share, $0.44 better than the Capital IQ Con…
Not a net seller I guess, but am selling some things and moving into lower risk, including a larger position in Ecolab (ECL) Added to Union Pacific (UNP), which remains a long-term holding. Took a little bit off on Blackstone (BX) but keeping the r…
I don't like another large cap biotech GILD one bit. But I said that when it was at $100 and that doesn't exactly make me a bright bulb. Scott has been right on there so far. In 2016 revenue growth and earnings growth at GILD is projected by analy…
I was in the dry cleaners today. There was a folded card on the table with a hand printed message. It said "We no longer accept AmEx cards".
I paid a bill at a cemetery for my mom's memorial plaque. They took charge cards. But not American Expr…
