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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;
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Field Biology.
@Old_Joe, Given the tightening cycle we are in, interest rate and spread risks on this bond would be a higher concern than bankruptcy for me too.
I would say the bonds are callable, rather than "Not callable." The make-whole provision could provid…
Morgan Stanley has some ARKK type innovation funds. For example, based on M* charts, MSEGX trails ARKK in every period 5 yr through 1 mo, except 1 yr, total returns. If one were to be interested in the ARKK type theme of investing, is a Morgan Stan…
@Old_Joe, These are long dated bonds and you are buying at a premium to par. I would make sure that you have call protection. Given these are issued in 1998, I am taking a wild guess that there might be a make whole provision; otherwise, the compa…
Thanks, @JohnN. It is likely not important to you but I was referring to the maturity date of the bond. I looked it up and it is February 15, 2038. I own BA stock and so I am past looking at analyst reports / commentary!
Added $Tna $fngu set sale +5%...short term trades
Added Boeing bonds 6% ytm BBB+
Cusip 097023AS4
Seems like a good buy on BA bonds. But I will check them out for maturity and brokerage commission at any of the mainstream brokerages.
You can set up auto (repeating) transfer under Transfer money from Chase to another bank account when you choose Standard (as opposed to Real-time) Delivery method which gets the money in the other bank account 1-2 business days after the transfer d…
The linked Market Watch article appears to require two closes below 3863 for SP 500 to see a 63% retracement to 4400-4500. I do not think we had even single close below 3863 this year.
"Other friend say may have bottom ( at least short terms) sp500 at 3750 last Thurs"
I think you meant 3850. My limit buy orders slightly below that did not trigger.
I had rolled over from a Fidelity managed 401(k) to a Fidelity rollover IRA. Before I rolled over, I made sure that the funds invested in the 401(k) are all Fidelity funds that are also available to the retail and they rolled over those funds to th…
What are the constraints for hydrogen powered vehicles that EVs get all the love from governments and citizens? If somebody has seen peer reviewed studies / articles comparing the climate impact (from soup to nuts) of hydrogen V vs EV, please share…
Thanks for your thoughts, Yogi. It turns out I increased equity beta in my portfolio today by eliminating a covered call strategy and replacing with straight equities, though I did not increase the dollars committed.
As a counter sentiment, man…
I was only reporting the breaking news about Powell confirmation because in a previous thread Yogi and I discussed about Powell and other Fed vacancies' confirmation. Just to be clear, it was not meant to be part of my question, "Any thoughts on th…
@yogibearbull,
Any thoughts on the following?
VIX was down yesterday when S&P 500 was down a decent amount. VIX is having difficulty cracking 35 today.
AAII- S&P 500 has been down about 10% since 4/28 while Bearish sentiment is also down…
I pulled up a 10 year chart of TRBCX comparing to FBGRX. The charts overlapped so much until March 2020 (Covid) bottom that one will be forgiven for thinking they are the same fund. But from Covid bottom, TRBCX and FBGRX diverged considerably and …
If so, then did bonds perform some usefulness? With rates already up quite a bit and the central banks around the world showing hyper sensitivity to inflation, may be now is not the time to abandon allocation funds category - hopefully, MOFO member…
Using the FPURX 1/1/65-12/31/80 chart from Yogi's post, I shrunk it to start 2/1/1970 and FPURX nearly tripled in the next eleven years and handily beat SPY. Not sure what conclusions one can make without digging deeper as to the workings of FPURX…
TRBCX (TPLGX) are mentioned at MOFO as a potential buy. M* fund analysis says that the fund's long term manager retired and a new manager took over in October 2021, and that the new manager previously managed only $7B (compared to the asset base in…
YTD, FBALX and VWELX lost as much as (only 20 bps lower than) S&P 500. Over the past one year, both these allocation funds lost 4.5% more than S&P 500. I am sure there are other allocation funds like VLAIX that lost more.
For those tha…
Yes, mainly buying SPLG and ONEQ. Limit orders are sitting out there for every drop in price. Orders are starting to get filled, but lots of powder to be spent.
Eventually, I will add some sort of CD ladder. But if the markets really crash (down …
Guys, My point about PG&E is to give another example of the fallacy of looking at a company in isolation or its specific actions in isolation. If one is interested in talking about a company’s social responsibility, I would prefer it is discuss…
BTW, I live in PG&E service area. Part of the energy PG&E supplies is renewable sourced (and we pay extra for the renewable energy). Should I rank PG&E high for their climate endeavor? Not with all their negligence resulting in fires …
What language anybody uses to indicate what they will do by or in 2050 can be a complete BS and does not impress me. I am interested in companies' current actions on climate and not words. NYT, like most media these days, has devolved into selling…
@yogibearbull, I get the balanced view you presented. For 50+ yrs WB has not violated shareholders’ trust that allowed him a free rein. No particular reason to withdraw the trust now, unless shareholders have evidence he has violated their trust. …
$21b equity commitment includes shares Musk already owns. He must have lined up other current / prospective large / institutional shareholders to take the company public. Normal closing conditions could include doing due diligence of technology,…
I have owned BRK for sometime but never voted my shares. I just voted to keep WB as Chairman. In principle, I like splitting the role in companies where the CEO is not a founder or plays fast and loose. Not sure why National Legal and Policy Cen…
