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.
With the watch, if you made it its own entity and not requiring being tethered to an iPhone, I think you'd get more interest. As I noted when it came out, I don't know why I'm paying a few hundred to have something that is largely reliant and compli…
"Are your company's pricing programs too slow to keep up?"
I wouldn't be surprised at something like that. It's really easy to change a website price, but then every Target store would have to be notified, and then pay local employees to duplicate …
@MFOMembers: The loser is James Altucher!!!! LB is correct that most investers can stand volatility, that's why the have sub-standard returns. They confuse volatility with risk, there not the same.
Regards,
Ted
I agree with Ted. Altucher is a dee…
"P.S. Regarding Target - sometimes their online price is cheaper than their in-store price, so it pays to order online with in-store pickup."
That right there baffles me. Hopefully someone in sales or marketing will explain how that works. Is it a …
So, it's a recovery but Caterpillar has something like 30 straight quarters of decline and resource companies are getting obliterated. So apparently this is a magical recovery that does not need resources to build things. k then.
In all seriousnes…
I am a professional shopper/extreme couponer. I hardly go to Costco at all anymore ...can usually do better at Target or Publix. .
I don't have publix, but I'll agree with you on Target. Target's Cartwheel app is often a plus and I've saved a bunch…
To me what they're going after is Costco. I mean, first thing on that clip is a dig at Costco.
Here's the thing: I was a Costco member. I decided to let it expire. Yet, I liked the experience and often think about going back before I question what …
@scott,
Whether its the seismic rise of biotech firms or the catastrophe loses of Sears, mutual fund shareholders travel in the coat pockets of their fund managers.
With Sears I wonder less about Lampert as an individual owner who has every right…
I am guessing the the real estate didn't have the value that Ackman expected? Or else, he is shorting the stock.
In that clip he goes into a longer discussion where he talks about how it is a difficult situation and that Lampert has taken a lot of …
@scott: CELG went nuts this AM, crossing 52-week high, before calming down a little. Long-time position for me, so it's nice to see that holding on pays off.
I guess my view is this: it's not a fundamentally cheap stock in the way that Gilead is, b…
Icahn has been quite successful over time and I think has gotten to the point where the filter is gone and he tells it like it is. I've posted his stand-up comedy before, it's quite funny.
You can invest with Icahn if you want via Icahn Enterprises…
FAAFX remains its miserable self...off 3.6% YTD.
c
Ackman was on CNBC
The foreign ordinary shares for Ackman's Pershing Square are available on the pinks - PSHZF.PK. (original shares trade on the Amsterdam exchange.)
No changes still...virtually all in equities.
OAK jumped big time today...now up 8.2% YTD.
I think there is some concern that we are closer to the time where the world's largest distressed manager may do well.
Plus, http://www.bloomberg.com/news/…
asset sales (or some combination of those 4).
http://www.zerohedge.com/news/2015-07-13/what-assets-did-greece-just-hand-over-europe-airports-airplanes-infrastructure-and-m
"...and the escrowing of some €50 billion in Greek assets in a liquidati…
Hi @AndyJ
Have not checked; but just from the top of the head recall.
The 60 day rule "sale" holding period for some funds
Ameritrade is a delightful 180 day holding period.... used to be 90.
My reaction when they changed that?
I should have mentioned I have a large-ish block of stock I currently hold which pays a decent dividend, and which I automatically reinvest; I am hoping that can be executed with Vanguard / TROW w/out too much difficulty.
That should be no issue at …
I like Fidelity - customer service has been excellent (in my experience, I know it likely varies). Plus, international trading (which is a nice option even if you don't or rarely use it.) London has a lot of investment trusts (sort of their version…
Think previous Vegas chance was Clinton before email scandals and personl pocketing of own funds were slightly above 50 and GOP below 50%... Think 2016 will be a massive most spent elections ever. if there is a recession GOP chances maybe higher. …
This thread has the sense of tabloidism in it, especially with the gratuitous video embed.
So your thought on the post:
In all seriousness, the Apple situation is fine if someone has even the least bit of long-term view. The watch did not do wel…
Added to ARII ( American Rail). Its a bumpy ride, and transports certainly have their issues for the near future, but nice dividend and I will just have to be patient. Scott, you still in?
Railroads have not done well, but honestly, I don't even th…
Hi Bee,
I agree with you and am thinking of adding to BBL, but I just want to point out an error in that report you quoted: Brazil is actually a small oil importer. Petrobras is a mess and could use higher oil prices, and they would help the ethanol…
Hi @scott
'Course, I'm being a smart butt. Do I have to provide data for my prediction?
If I am only able to predict based upon my intuition, then anyone will just have to take my word for my feelings.
That's what I thought but was not sure.
I like Faber and find him highly amusing (who else has responded to the question on CNBC of how you should allocate assets with "it depends on how many girlfriends you have"?)
I hope that there is not another 2008.
That said, this is my honest vi…
I'm not seeing Shanghai composite as open yet, I forget what time it opens in terms of US time. Hang Seng not open yet.
Nikkei 225 is down a couple %, ASX (Australia) down about a %.
@scott, did you catch GILD at a good price?
I was selling some at around $122 and have been starting to buy that back. Working out okay. Ultimately, it's a long-term play; I just felt that the move from $100-120ish was a little too rapid.
I've gro…
China made a mistake suggesting the masses move their money into the stock market and by association out of real estate. Everyone swarmed in with government approving and then all it took was a little selling to start a panic among millions of newb …
From Bloomberg breaking, 43% of China stock market has been suspended. That's gonna hurt
There is an utter freaking panic over an index that is still actually up for the year (although after tonight perhaps not) and up quite nicely for the 12 mo …
"How exactly did they think that the government, ANY elected Greek government, was going to collect enough to repay all those loans?"
Because there is a philosophy by governments around the world that easy money and/or throwing money at a problem w…
I would keep an eye on MBIA (MBI), Assured Guaranty (AGO) and Ambac (AMBC) in regards to their exposure to Puerto Rico, which is not insignificant. If Puerto Rico pulls a Greece, these three would be effected significantly.
