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.
We can add Mr Rodriguez to the list of names that have called for the end of good times in the market. Wilbur Ross put out a statement late last week I think.
Icahn has said it, now the other day he said 3-5 years. While people are looking for a Sa…
I'm not going to get into the politics or specifics of Obamacare (although I will say there's been some very moving posts in this thread.)
I'll just say from an investment standpoint the whole thing kind of circles back to the idea of does this me…
While politics does have an effect on investments (especially some sectors), one should be able to separate politics from broad investment choices, although I think some can't when it comes to their party versus the other.
Rodriguez should read Hug…
The country that has demographics issues, massive debt and has to import nearly everything (especially fuel) is having trouble after unleashing massive monetary stimulus and significantly raising taxes, driving the country's misery index to multi-de…
May be good for "pure play" infrastructure that focuses on specific projects and can be opportunistic (a la Brookfield Infrastructure/BIP), but wouldn't add to it because of anything they say at these sort of meetings.
Are you comfortable investing in healthcare in view of the headwinds for Obamacare which may lead to temporary disruptions?
I work in the health sciences industry....for a company working with the biotechs, big pharma and the medical device compani…
Are you comfortable investing in healthcare in view of the headwinds for Obamacare which may lead to temporary disruptions?
There's so much going on in healthcare and, quite honestly, I don't think there will be a disruption in Obamacare. Additional…
As Mark noted, he's out of the common and still holds pfd, but is not going to be reporting pfd. I'd guess either Berkowitz wants to sell or substantially increase the position. Otherwise, I'm not sure why he would want to hide the position details.
Who thinks there will be less healthcare necessary in the future? and it will cost less.
To those I would say don't invest in healthcare, to everyone else......Do what you want
To me, there's a few different layers of appeal. You have discoveries be…
Think of V and MA as financial railroads (or money pipelines.) Over a long period of time, both of these companies have become enormous, global financial utilities. Yet, they have no credit risk. The banks take the credit risk, Visa and MA provide t…
I own FIS as a long-term holding. FIS/FISV basically dominate an interesting industry. Technically, FIS looks pretty good (although I'm no expert on technicals), but fundamentally:
FIS processes more than 27 billion transactions every year.
In 2012…
Added to HQL
I looked at the new fund from the same management (THQ) and despite the nice monthly div it just didn't really appeal to me (exposure to REITs, etc.)
Probably. I own some tech, but not finding there to be that much to be excited about fundamentally and it's probably overbought. Still, as Rono has noted, price matters and it will probably reach former highs soon enough.
As for technicals, your th…
Thanks @scott!! I'm not sure when I'll have time to watch all of this but I'm one of those HQL guys and I'm sure this will be worth watching.
It is (at least I thought.) I've always been one of those people who have said, "I don't understand medica…
Continental Resources apparently took off all of its hedges.
A number of major oil co's are still noticeably off the October lows, but what have really done well off the lows are the MLPs. Also commodity exchanges (CME, ICE) have also done really w…
Since many MFO members do in fact have significant interest and investment in Asia, his remark is more than "silly": it is offensive, insulting, and in my opinion, deliberately so.
His last post on the Duracell thread is offensive.
I'm thinking it…
The fact that he's using PG stock as currency would signify what he thinks of PG valuation, no? See also his swap of Phillips 66 stock last year to buy part of that business (http://www.bloomberg.com/news/2013-12-30/berkshire-to-buy-phillips-66-unit…
Not sure what Art Cashin has to do with it.
The financial media won't talk about a lot of things in regards to the economy. Like talk about this:
http://thehill.com/policy/healthcare/223578-obamacare-architect-lack-of-transparency-helped-law-pass
…
Mark,
Have you thought about BRK-B as a substitute? You get what is essentially a very diversified closed end fund, with superb management and no fees. Like you I was a very long time FAIRX investor but I made the switch. In the old days BB held …
Sears down 9.55% today......Amazing volatility in this stock.
It's because the public float has shrunk so much that Sears was taken out of the S & P 500 a couple of years ago. Plus, you have 65% of the float short. It's basically a tug-of-wa…
Thanks Charles.
Regarding the Sears bonds, are these senior bonds? If so, I wouldn't be as worried. In bankruptcy the senior bonds are ahead of unsecured bonds and common stock.
The bonds in the ridiculously complex rights offering are unsecure…
Tweed is an interesting Canadian co. Kind of a boutique pot company, actually located in a former Hershey factory (there's a munchies joke in there somewhere.)
http://www.tweed.com/pages/about-tweed
I think legalization will roll out to more state…
Investment gains in 2014 were partially offset by a third quarter after-tax other-than-temporary impairment charge of $441 million related to our investment in Tesco PLC common stock.
Tesco has a somewhat similar thesis to Sears and I think you'll h…
I thought we could lay off the attack comments for a while. Guess a short while it is. Sad.
LOL. I knew this thread was probably going to go South with the title before reading it. Heaven forbid a political party is insulted, even in a roundabout …
If you don't need the portfolio aspect and just want to read analyst reports and things like that, many libraries have free access to this via their website.
FAIRX ytd -1.68% last month +8.56%
Maybe it is time to sell.
Holdings top 2: AIG +6.34%, BAC +11.95%
The rest... with exception of St Joe, all are down double digit ytd.
Interesting discussion comparing JOE and the Ackman-chaired HHC from a c…
FAAFX up 6.6% today.
c
@Charles, I wonder if the FAAFX portfolio holdings or weightings have changed?
I sketched out the math and can't see how it went up 6.58% today.
Should have gone up 2.63% just as a result of Sears alone....and I can see an …
You might have done better with pumpkin futures. :-)
http://en.wikipedia.org/wiki/Homer_vs._Patty_and_Selma
"Homer vs. Patty and Selma" is the 17th episode of The Simpsons' sixth season. This episode was originally broadcast on February 26, 1995.…
http://www.marketwatch.com/story/why-sears-is-still-a-sell-2014-11-07?link=MW_home_latest_news
Creation of a REIT would amount to “just buying them some more time,” said Ken Perkins, president of Retail Metrics. “Almost all of what they have done o…
Another ridiculous article that scolds people rather than tries to educate them. The other issue is that people have absolutely no belief in what they own - I think that's the other missing link that's a real issue. People talked and talked about ho…
