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.
Personally, I think the logistics of data is a compelling theme going forward, including data centers (Equinix being a compelling one), cell towers (Crown Castle, American Tower), "last mile broadband" (Comcast, Liberty Global, Google w/Fiber, etc) …
http://blogs.wsj.com/totalreturn/2014/08/05/the-inversion-tax-hit-on-investors-answers-to-readers-questions/
I'd rather have seen Saunders become CEO and Ian Read stay on in some other form.
The market not exactly taking the deal well: 11.3 PFE sh…
Depends on how well the company handles buybacks. I think many don't do it well.
Michael Kors (KORS) being a major recent example:
"But it was not KORS' operational issues that were troubling: it is how much the company burned on stock buybacks. I…
Blackberry is never going to get its groove back to the degree that it had before. It's reasonable on a sum-of-the-parts basis and I think still could be bought, but I don't expect it to get back to its prior highs, unfortunately.
Let me make sure that I've got this right: traditional trading options that protected the small investor are being removed because they overwhelm the marketplace, but as many automated rapid-trades as desired by the large players are no problem at a…
FAAFX has a cash reserve of 24% of NAV per GoogleFinance. But also 23% in a single stock.. Sears (SHLD). Very strange that a go-anywhere fund (can own stocks and bonds) would throw 23% in a single equity ---
I've only been yelling about SHLD sinc…
James Altucher is an attention whore, constantly seeking to refresh his "15 minutes of fame" by saying controversial, dumbass things. Many years ago I realized he was one of the investment industry talking heads that should be ignored.
EXACTLY. Cou…
I look at Goodhaven and I'm not understanding the philosophy. Gold and Energy #2 and #3 positions? Okay, value traps. Sears? Uber value trap. HP? Value trap. Leucadia? Hasn't been the same since they bought Jefferies and the CEO with the hilarious n…
And people are like, "Gee Bill Ackman you own quite the investment in both Burger King and Tim Hortons." Oh, and last I checked Oreos aren't health food.
Honestly, Ackman has gotten himself into too much drama as a result of the Valeant investment…
Good luck to those in it.
LOL, I cracked up seeing the Seinfeld as it relates to this fund. Fully appropriate. It is up nearly 50% YTD though so they are doing something right. I'm sticking with it.
The fear that I have - and it may be complet…
Personally, my view is this: if rates are being raised (and again, that's still an "if", we've had a number of false starts in regards to rates in recent years) for the reason that the economy is generally improving and not because the Fed has to ra…
Top 5 positions:
VelocityShares Daily 2x VIX ST ETN 11.72 325,000 325,000 — — — — United States
-79.02
—
VelocityShares 3x Long Crude Oil ETN -9.65 788,000 788,000 — — — — United States
-79.73
—
VelocityShares 3x Long Natural Gas ETN -4.76…
Apparently, a little bit of Valeant's move yesterday was in part due to the CEO getting a major margin call from Goldman. Ooops.
http://www.forbes.com/sites/antoinegara/2015/11/06/valeant-ceo-michael-pearson-sells-1-3-million-shares-after-margin-ca…
The issue that I have is this: Okay, oil is no longer used. So...is the government going to buy everyone an electric car? I'd like a Tesla please. I'll also take a few solar panels if the government is buying.
What happens to all of the products th…
Valeant down nearly 20% this morning on no news aside from a potential investigation into drug pricing, but it felt like someone large was trying to check out of the hedge fund hotel that is Valeant before everyone else does.
I still feel like this…
If you believe Holmes research h then just buy GROW instead. If his funds return 100%, his stock will return 400%. He does not buy his funds, but he buys GROW.
GROW was $33 at the peak in 2006. Now it's a little over a buck. It does look like a fair…
Not buying commodities, but commodity-related I've been adding to Intercontinental Exchange (ICE), which I've been very happy with.
The problem with Holmes and PSPFX is that it's hugely aggressive and acts like a leveraged fund whether times are go…
I don't get it. CNBC is not made up of left wingers.
Oh yes it is. Santelli and Kernan are there to show some manner of balance, but Kernan doesn't care anymore and Santelli is limited to his segments. Kudlow is right-wing, but he's seen so little …
"Another choice quote: "It seems Valeant initially made some effort to conceal its involvement with Philidor, which Pearson concedes was “stupid.”"
LOL.
This is even bigger:
http://www.bloomberg.com/news/articles/2015-10-29/philidor-said-to-modif…
Market in a broad sense? Hold but I think it depends on time horizon and other specifics. I wouldn't say buy.
Do I think there are specific opportunities here and there? Sure. I added to Gilead (GILD) the other day after it beat EPS and revenue by…
"So, my reaction is along the same lines as Scott's. The strategic oil reserve is not so strategic, anymore?"
Yeah, for me it's not as much the SPR selling (although it's clear we have no energy plan whatsoever and the selling will almost certainly…
"What's in your portfolio?"
A huge position in Visa, although I also own a somewhat smaller position in Mastercard. Monday should be interesting.
With Costco, USAA and potentially Fidelity (http://www.bloomberg.com/news/articles/2015-08-26/fidelit…
This is just a guess, but I think we may be able to find things which require maintenance without spending too much effort.
Absolutely. Although in this country so much money will probably be funneled to cronies and whatnot not sure how much of an …
Whatever his views, he shouldn't have commented on such a topic. I kind of fail to see the reason or upside of commenting on this issue. Why alienate current or potential investors who may feel strongly about the issue?
If you're a fund manager a…
Remain long Ecolab (ECL) and Danaher (DHR). Pondered, but didn't Pentair (PNR).
http://www.ecolab.com/about/our-vision/clean-water/
Danaher already had water exposure, but recently bought Pall (http://www.pall.com/main/water-treatment/water-treatm…
It's a fool's errand trying to analyze Trump's net worth. You'd require unfettered access to his accounts and expertise in real estate for starters. My guess is that he did okay, but not amazing well, with his assets. The gain in the stock market fr…
Brings up some interesting scenarios. Is Valeant the only HC company doing what they do or will other Health Care companies (?in your portfolio) be accused of the same? Are the Citron accusations true or have they stretched the story for other reaso…