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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
BF, I never owned a convertible fund - I do not think I understand how they might react to different market situations. If you can, pl share why you drawn to it?
The following questions might help narrow down your choices:
Are you playing for yield or capital gains or a combination of the two? For each what are your expectations and which time frame?
Edit: you can share the answers and directly ask the…
I listened to it when it was aired during the day. Did not both the guests prior to the private credit discussion say something to the effect that they would not buy at the current interest levels? If so, that was interesting to me. It is possibl…
If those news reports are correct, it seems BA union workers do not trust their own union leaders who negotiated their deal. BA should bypass the union leaders and take the terms directly to the employees; however long it takes to get it done.
Co…
Interactive Brokers founder, Chairman, and majority owner (75%), Thomas Peterffy, is a Mar-O-Lago Club member. He said Trump is not electable but as a Republican, he would vote for Trump. At the risk of stating the obvious, he is also a contributo…
Hi @hank. I hadn't heard of WEA before so I took a look. That looks like one wild ride when added to the trend chart along-side my usual suspects.
On JMBS, I took some advice from something Junkster noted in another thread. Floating rate and mortg…
1 yr Treasuries down to 4%. A bit faster than I expected. Bond yields want Fed to go 50 bps on Wednesday. Should we expect a violent reaction to a 25 bps FF rate cut?
Good point on sentiment manipulation using PACs to throw money in the betting markets. Betting market manipulation can cut both ways. If your candidate is leading comfortably, you may decide to stay home and not vote. I think negative advertisemen…
"The corporate tax rate changes introduced by the Tax Cuts and Jobs Act (TCJA) have different expiration dates:
Main corporate tax rate:
The TCJA lowered the main corporate tax rate from 35% to 21%. This change is permanent and does not have a set …
@yogibearbull,
"2017 TCJA is good until 12/31/25. That means that not much will change for individual or corporate tax rates for the tax filing years 2025 and 2026. But things would change after 2 tax filing years."
Congress can change existing la…
With short end of the curve expected to drop 2% or so in the near future, all the big Tech companies and BRK will earn less interest income on their cash hoard. Tech companies will invest (productive or unproductive) in their business (AI?). What …
I have never come across a stock whose options are more expensive than that of DJT. The Nov 15 calls with $17.5 strike are trading nearly at $6. (Of course, the Jan 2026 calls with the same strike is only at $8.) By comparison, NVDA options are c…
Hi @Observant1,
If you are able to include a link to Charlie's week in charts blog post, those members that like to read rather than to listen could benefit as well. It usually takes only a few minutes to go through the blog post. Thanks.
Edit: …
"When selecting actively-managed funds, I now choose funds which have multiple portfolio managers."
That is what I too have been advocating. But it turns out I have not been eating my own cooking. All my single manager funds are from TRP. I kee…
I did not realize that you are supposed to invest 100% of your retirement accounts with equities. I never have. In fact equity %age in my retirement accounts is far lower than in my taxable accounts - not saying that is the right strategy, just st…
I get Charlie's stuff in my email a few days earlier and so I do not get to visit this thread often.
#4 above has been on my mind for a while. I can not say consumers are struggling without knowing if the total market has shrunk. Charlie need…
I think it is completely OK to question / verify every journalist's latest work, notwithstanding their past reputation, and not accept their work as God's word. Like all humans, they too are motivated by incentives and consequences.
(I have foun…
@hank,
"Many profess not to care what markets do. Say they never look. Never react."
If anyone says that they are not aware of the inherent contradictions in those statements, and we do not need to react to their statements.
I assume everyone th…
@hank, I looked at the change because you guys started a thread on it. Even then, I still do not know the price level. It is like something could be right in front of your eyes but you do not see it because you do not pay attention to it. There i…
The unknown outcomes from future management of money and operations does make me nervous but not much I can do about it. I do not track it daily or even yearly, though I have owned it for more than 15 years.
I have come across Gunjan in media over the years. I follow her on Twitter but I have not accessed my account forever. She is [has been] as balanced as they come from WSJ. I am surprised she is not already offered a TV job she could not refuse. …
Deleting after two days as the post has too much of my personal information. I allowed enough time for forum members to benefit from the info. I do not want AI models or hackers to get to my info at a later date.
We are in the age of Coinbase and Robinhood. (I did not want to mention FTX, Kraken, Xena Exchange, CoinDCX, etc. lest you stop reading.) Who birthed these? It is the demand from the youngsters. So, I do not get why you all are trying to use ki…
Deleting after three days as the post has too much of my personal information. I allowed enough time for forum members to benefit from the info. I do not want AI models or hackers to get to my info at a later date.
BF,
On a sum of the parts basis, it is undervalued relative to current market. Insurance and utility stocks are hot. But WB thinks the current market is not undervalued; otherwise, he would be buying back BRK stock.
I did not know about availability to retail at ML until I read @msf post.
Available to new investors. No ($0) minimum. NTF.
Not sure why there is so much interest in this fund now. Its YTD performance is 48 percentile and it is a $62B fund w…
From my memory of the last Q, BRK has about $600b in investments + cash. So, the operating businesses are being valued by the markets at $400b. They make about $40-50b (annualized) in profits.
"I see a reasonable chance the election ends up in the courts. Stock would soar briefly in that event. Then sell it fast before the final verdict is rendered."
Depends on whether they are frivolous law suits. If they are not frivolous, they will l…
I thought Robo Advisary services have not been able to capture investors who take at least a minimal amount of interest in investing. Vanguard does not seem to be able to get away from their brand of competing on price and volume.
