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Reply to @BobC: ENY (Guggenheim Canadian Energy Income ETF) may be kind of interesting for those seeking income and Canadian energy. I don't own it, but am looking at it.
I did sell my MLP fund yesterday and took profits in that. It's an excellent …
Reply to @BobC: I think you'll continue to see Canadian resources businesses doing business with Asia - see Pan-Orient Energy yesterday (a Canadian company w/exposure in Indonesia and Thailand), up 24% on apparently a new find. Still, I think you'll…
Oy, I wish I hadn't sold CLNE (which is a rather volatile stock) in the mid-teens several months ago. I have other energy plays that are doing well, but I suppose I remain skeptical that there will be a large-scale move in this country to nat gas (…
Juncker: "Greece May Need A Third Bailout"
http://www.reuters.com/article/2012/02/24/us-greece-juncker-idUSTRE81N20Q20120224
Bwwahahahahahahahahahahahahaaaaa..
"Groundhog Day finance" (or better yet, ponzi finance, gotta keep it going) at its best…
Reply to @tgeno: I really agree - I think my issue (for better or worse) is that I have to really be interested in what I'm investing in, both in terms of individual companies and larger macro bets. Rather than investing in index funds, I can tailor…
Reply to @Sven: DEM/DGS are commission-free, but I suppose after trying to buy some Asian individual stocks that are barely traded at all, the spreads on DEM/DGS don't seem so bad. :-)
My Asia exposure is from DEM, DGS, MACSX, MSMLX, Jardine Matheson (stock), Hutchison Whampoa (stock) and I am still looking for other single company names in Asia. That said, I wouldn't want any single-country Asian funds. A couple of years ago I ha…
Reply to @Javelina: Thank you for the reply :-)
Definitely not comparing Winton, but more pondering whether managed futures mutual funds have the even the capability to really pull off the strategy to "the full extent". I just don't think they coul…
I think it's been a tough few years for all long/short funds - has there really been one standout in the category aside from Marketfield (and that because it's much more flexible with the "short" element, among other things)?
I'm very respectful of…
Some sort of error (it's happened now and then, I've had a few instances of funds where a rather jaw-dropping decline was corrected later in the evening) or distribution?
Reply to @Old_Joe: As for your questions -
We're the Sears of countries. We've been neglecting the store and instead focusing on "buybacks" and other unproductive financial tactics. We don't have to sell assets (yet), but that's largely because ma…
Reply to @Old_Joe: Well, we could print the money for the required infrastructure buildout or borrow from Mars and send the bill to a few generations from now (because that's what we're probably up to) and hope that it actually is used for productiv…
"oh no, lets make a quick buck and pimp it to anywhere else in the world that quick money can be made."
Uh, yeah. Do we have any sort of grand plan for expanding natural gas use in this country? (much less a plan for the country as a whole, while w…
Reply to @tgeno: I don't think Berkowitz is Buffett either and JOE isn't high on my shopping list (and again, I think putting out a PR like they did a few weeks ago on a Friday afternoon is pretty low.)
I'd rather look at Tesco or Carrefour as tur…
Reply to @tgeno: Do I agree with you that having to straighten out a company like St Joe and run a multi-billion dollar mutual fund is stretching things a wee bit thin? Yeah, absolutely. However, I still kinda think that St Joe can be turned into so…
Reply to @Kenster1_GlobalValue: "Sears' plans to raise cash comes as the company reported a fourth-quarter loss of $2.41 billion, or $22.47 per share."
Holy ****.
Brookfield Infrastructure (BIP) and Loews (L) doing well today for me. EM stuff not so much.
Selling a number of little, more superfluous positions and moving some to cash for the time being (which is highly unusual for me.)
I'm not concerned abo…
Reply to @kevindow: Of particular interest: "In Gundlach's opinion (repeated over and over during the call), interest rates will NOT be rising significantly higher and may not for 5-6 years... and maybe 10 years. The 10-year Treasury has not bottome…
Reply to @AndyJ: I think the particular timing strategy just seemed too laggy; I noticed on a number of occasions that it would appear to get into and out of risk late and the result something like 18 months later is - unfortunately - disappointing.…
It's a very, very small position left and I don't have much interest in continuing to hold it - I'd rather what's left be devoted to other things. I continue to have next-to-no fixed income-specific funds, and as I've noted in other threads, that's …
I still have a foothold position. Will probably sell it when it comes time to be able to do so. I am rather interested in the Rivernorth CEF if that ever comes out.
Reply to @hank: The interest that I have in REITs (and quality ones in particular) is this element (from the article above): "Cousins, the Atlanta-based REIT, bought Promenade Two, an Atlanta building in November that was 58 percent leased when it p…
Yikes - sorry to hear that the collection was dumped. I would like to hope that my baseball card collection will be worth something in a few decades. Oy, did that whole industry ever go into the crapper. Given how well rare art is selling, I'm surpr…
Faber predicted more April/May in a recent Bloomberg interview (and that was both an excellent and lengthy interview with him a couple of weeks ago), but I'd say it's entirely possible. I think there is a point with oil over $100 where that starts t…
Reply to @hank: ". What have the "ultra affluent" got to fear?
"
As for the ultra-affluent, this did get some discussion a while ago:
http://politicalgates.blogspot.com/2011/12/citigroup-plutonomy-memos-two-bombshell.html
From the above link - "Be…
Reply to @hank: I've voiced my dislike for mobile devices in the past, but I can't help with be impressed with some of the shopping applications. I think it's not only a matter of people simply using their mobile phone to shop (while I've been skept…
I think you're still dealing with things like this:
"Atlanta’s 55-story Bank of America Plaza, the tallest tower in the Southeast, is set to be sold at an open outcry auction on the steps of the Fulton County Courthouse tomorrow after landlord Bent…
I question how well the strategy does in this environment, but that said, I think it would be vastly easier to use the ETF to accomplish it rather than the costs (trading, time and otherwise) to try and accomplish it on one's own. I'm foggy, but I t…
I'm not negative on managed futures as some sites/people are (see the other article a few posts down), but the strategy really has good years and not so good years, although given the nature of the strategy, bad years are *usually* not that bad. It'…
Reply to @VintageFreak: You're kidding. That's what people were saying several years ago. "It's going to be the next Berkshire", then when that didn't happen, "it's a real estate play" (as for the latter, there's a rumor Simon Property Group is look…
