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.
Sober as in..?
The media incessantly talking about how this is a bubble but telling people that Yelp and Twitter are great investments. If the idiotic media continues to push the bubble story, I'd consider buying more of the large caps. As for Gile…
Thanks @MJG. Rothschild is the name indeed.
Speaking of, I just realized this the other day re: Blackstone
http://www.blackstone.com/the-firm/overview/our-people/jacob-rothschild
RIT Capital Partners mentioned on that page is the Rothschild Inv…
The one that I'd be interested in is LYFE Kitchen and that isn't public (yet?) I think a lot of LYFE's meal options are actually genuinely healthy and I see a future where they could have ready-to-eat meals in the freezer section at Whole Foods and …
K1s are USUALLY fine and usually no problem with turbotax. There are, however, instances where they are not. See the KMP buyout situation which created a lot of frustration.
I'll also give you another delightful example: Energy Transfer Equity (ET…
@John Chisum: Now that we have the Obama Library we will be saved.
Regards,
Ted
Maybe Chicago could sell the rights to their parking meters and get a really bad price for it. Oh, wait, they already did that.
http://www.theatlantic.com/politics/arc…
I said countless times not to expect the returns that these funds provided last year (or in general) to continue/be consistent.
I'm not against managed futures, but last year's performance was an exceptional year for a strategy that is generally mo…
"And all a result of a couple years I spent as a futures broker way back in the early 70s."
If you were a futures broker, what do you think of futures exchanges (ICE, CME) as investments?
Franks Holmes loves to talk. His free e-newsletter is one example of excessive "word-smithing". Most of his funds have been destroyed by commodity deflation.
Here's a link to all of his funds and their performance...nothing but poor performance and…
The fact that Uber is now valued higher than something like 80% of S & P 500 companies is absurd. I'm sorry, but I'll stick with taxis, which don't have "surge pricing", are cheaper and still work just fine.
Lets all remember this story, shall …
@scott, Today there was another IPO of a restaurant. Bojangles. Ticker is BOJA. Up 25% for its first day of trading.
It's just a chicken resto. Probably the next Cramer pump.
I think what infuriates me is that I consistently hear that Biotech i…
To me it seems like the reaction is "wasn't too bad wasn't too good, yay fed easy longer." If you look under the headline, not a great number in many regards but market doesn't care because market looks at everything today from the view of what does…
Last line of article says it all:
"a decline means one of three things: interest in bullion declines significantly, value-minded investors aggressively scoop up producer shares or some combination scenario."
Why would you not want to be a value m…
I'm holding both. I'm just curious what the ratio will be in terms of having an idea of what to expect. I believe this will be a tax-free spin-off.
"We expect that the spin-off will be tax-free to Blackstone’s common unitholders for U.S. Federal in…
Whole Foods (WFM) -13.16% premkt. (Daaaang.)
I do agree that people should be cautious with these names and that they are overvalued. SBUX too and look at the insanity that is SHAK.
SHAK is trading at over a 1,000 p/e and has a book value of abou…
Looks like everything is pulling back this morning.
Bonds in some turmoil, sending futures lower.
Whole Foods spoiled to the tune of 11% after earnings yesterday. However, Priceline and Alibaba bearing this AM.
As I've noted before, you can invest with Icahn via Icahn Enterprises (IEP). I believe 30% of the company is invested with Icahn's hedge fund/s. The problem is that it is an MLP and does result in a K-1 at tax time.
Carl Icahn at Carolines doing f…
Okay, nevermind what I said. Stick a fork in McD's, it's done. After reading the link below, I had to check it wasn't April Fool's day. It's just wrong on so many levels.
http://www.slate.com/blogs/browbeat/2015/05/06/new_hamburglar_mcdonald_s_upda…
"Fed has agreed to furnish a congressional panel with the names of its staffers who had contact with Medley Global Advisors in the months before the leak, “with the understanding that the names will be kept confidential."
See, I said no one would g…
LOL, meanwhile in China they are going to do SuperQE, apparently. We live in monetary policy bizarro world.
http://www.marketwatch.com/story/china-to-unveil-monetary-tool-that-the-world-has-never-seen-2015-05-05?link=MW_home_latest_news
As am I DlphcOracl. My only pondering is with WPC.
WPC is a very long-term holding for me. I think it's a quality name in terms of real estate and what I particularly like about WPC is that their focus is on essential real estate - R & D facilit…
Umm ... It's hard to see how anyone is "fleeing" with the major indexes sitting at or near record highs. Seems about as likely as defying gravity.
Who is buying? If retail is selling funds, there is always the chance that large money continues to pu…
@scott- What price range for GILD would you consider to be reasonable for a new purchase?
Thanks- OJ
Again, I think despite its valuation seeming exceptionally compelling, there is certainly risk and volatility as there is with any biotech.
That s…
Hi Scott!
I like this thread. It's my favorite next to David's commentary. One can find out what other people are thinking just reading this thread, I think. That's great.
God bless.
the Pudd
Thanks so much! I really appreciate the kind words.
…
They need to come up with new ideas. Something no one else has. I wonder how much the person that recommended the bundt cake earns?
Maybe more upscale items? Or, add some old favorites like french dip sandwiches or meatball sandwiches etc.
I foun…
"Fed Admits That Yellen Met With Leaker in 2012, DOJ Probe Starts"
Another great example of destructive innuendo rather than straight reporting from ZeroSmear.
How about something a little more accurate: "Federal Reserve Chair Janet Yellen said t…
"it is now a larger position than I'd imagined."
That's a nice problem to have.
Well, combination of gains but also I literally bought more than I originally imagined I would, given that I don't usually care for stocks that have displayed the leve…
I think Blackstone was all about the crown jewels and it ended up being problematic as they were all about looking for those kinds of assets right into the top in 2008. They are still looking for those kinds of assets, but I think it feels like ther…
They sell Nathan's Famous frozen fries in grocery freezers in some areas. Thick cut fries, no salt added. Throw some olive oil on them, a little basil, dill, garlic and salt/pepper and I'd take that over fast food fries any day. Cheap, too. Whole Fo…
I don't know why they would sell tickets - they certainly have enough Berkshire shareholders, probably - and they should get preferred treatment in terms of seating availability.
There was an article the other day on Business Insider that had a ph…
They really hyped up that McDonalds was going to make some big announcement. It was a lot of corporate nonsense - regrouping, restructuring, etc.
This was a terrible announcement and I'm not surprised it went lower. McDonalds isn't going anywhere -…
Also, you can invest directly with Icahn via Icahn Enterprises (IEP), although that's an MLP (so, K-1.) A substantial portion (I think 30% or thereabouts?) of IEP is in the Icahn hedge fund/s.
You can invest directly with Ackman via PSHZF (Pershing…
I've taken it to a larger position than I'd imagined I would have and will continue to hold longer-term. Looking forward to the spin-off of the advisory business later this year. While I'm not expecting the same, keep in mind Blackrock was spun off …
