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  • yanivsofir made a stock note of $MPC: 17% discount for a big and great company 8 hr ago
    $MPC: 17% discount for a big and great company
    Comment
  • Butt0001: http://originalgarciniacambogiafacts.com/king-size-male-enhancement/ 9 hr ago
    Reply
  • Butt0001: Trusses supporting force it failed this was the theory that was put forward aptly in the initial FEMA report subsequently there have been basically complete contradictions that Jim Hoffman has done qu 9 hr ago
    Reply
  • Lancelot Tucker commented on Lancelot Tucker's article 10 hr ago
    Are Structured Settlements the Right Financial Options for Today?
    While some persons are looking for annuities that are of low rates and in addition must pay regular fees for variable annuities that tend to fall...
    View all 2 comments
    Lancelot Tucker 07-03 22:36
    • Thanks for the comment though others might see diffrently. However, you are right in saying not to sell but wait for gradual payoff.

       

       

       

       
  • Lancelot Tucker commented on Lancelot Tucker's article 10 hr ago
    The Forestry Industry is Gaining Ground
    As economies around the world struggle to come to grips with the financial woes facing them, the forestry industry is nevertheless gaining ground...
    View all 2 comments
    Lancelot Tucker 07-03 22:29
    • Thanks for the comment.

       

       

       

       
  • Lancelot Tucker commented on Lancelot Tucker's article 10 hr ago
    Can Disney Still Keep the Profits Growing?
    Founded in 1923, The Walt Disney Company (DIS) is headquartered in Burbank, California. As part of the services sector, Disney is one of the oldest...
    View all 2 comments
    Lancelot Tucker 07-03 22:25
    • Thank you. Will try my best to produce informative articles to give readers like you insights on what is going on inside the financial industry.

       

       

       

       
  • Lancelot Tucker commented on Lancelot Tucker's article 10 hr ago
    8 Top Healthcare Stocks to Watch
    The healthcare sector had an outstanding year in 2014. The healthcare sector showed a growth of 23.30%, which makes it number three in the S&P 500...
    View all 2 comments
    Lancelot Tucker 07-03 22:20
    • You are welcome.

       

       

       

       
  • Grahamites commented on Grahamites's article 15 hr ago
    Profound Lessons From Ray Dalio
    Ray Dalio (Trades, Portfolio) is one of the most successful hedge fund managers in the world. While it may be safe to say that readers on this forum...
    View all 8 comments
    Grahamites 07-03 17:29
    • Waup7707 - I know people who have worked at Bridgewater or have interviewed there. I can tell that it is a very different culture. You can check out the reviews on glassdoor.com. Some say Ray Dalio (Trades, Portfolio) brainwashes his employees and some say he just instills the principles strictly into the operation. I think Pershing Square is the same way. It's not easy to do but if you work at getting the truth fanatically, you get wonderful results. Of course the reverse is also true, as you have pointed out. Thanks for commenting. 
  • Grahamites commented on Grahamites's article 15 hr ago
    Profound Lessons From Ray Dalio
    Ray Dalio (Trades, Portfolio) is one of the most successful hedge fund managers in the world. While it may be safe to say that readers on this forum...
    View all 7 comments
    Grahamites 07-03 17:24
    • Tom - I think if we throw in consistency and committment bias, over confidence, social proof, liking, and incentive based biases, it's no wonder why people hate mistakes so much. I struggle with that myself too. I hate to be wrong but I've been proven wrong many many times. So it's refreshing for me to read Dalio's take on mistakes as well. I don't follow him either but I personally have found the e-books he wrote on principles great read. Thanks for commenting. 
  • dpradeep73 commented on ovenerio's article 15 hr ago
    One of Icahn's Favorite Stocks Seems to be Overvalued
    One well-known activist investor, Carl Icahn (Trades, Portfolio), further increased his position in Chesapeake Energy Corporation (CHK) through Icahn...
    View all 3 comments
    dpradeep73 07-03 16:49
    • How can you use a DDM for company that is tied to commodity prices? The value of CHK the hydrocarbons it holds in its acrege. Putting it a different way, if they stop pay a dividend, does their value go down to 0? 
  • John Dorfman commented on Jonathan Poland's article 17 hr ago
    Delta Airlines: Lessons From Warren Buffett
    Every time I see interest increase in the airline industry, I think about two quotes from two of my most favorite billionaires. Richard Branson once...
    View all 4 comments
    John Dorfman 07-03 15:25
    • I respectfully disagree with Jonathan Poland's thoughtful analysis.   I own Delta (DAL) for almost all of my clients, and here are some of the reasons:

      1. Planes are flying fuller, because the industry has consolidated significantly.

      2. Oil prices appear to be settling into the $50 to $70 range.  With jet fuel at the corresponding prices, many airlines including Delta should be making good money for the next couple of years.

      3. My understanding is that Delta has been unsuccessful with its fuel-price hedges in recent years, in effect locking in high fuel prices.   Going forward, if Delta can merely perform the hedging function as well as the average airline, it should be accretive.  

      4. Buybacks do reduce the number of shares more or less permanently.  They are not a panacea, but unlike Mr. Poland I view the Delta buyback effort as a positive.

      5. Labor costs have been reduced from the levels that helped to inspire Mr. Buffett's famous remark, and suicidal fare competition has diminished, at least for the time being. 
  • pravchaw made a stock note of $TSX:NPC: Turnaround 18 hr ago
    $TSX:NPC: Turnaround
    Comment
  • ovenerio commented on ovenerio's article 18 hr ago
    A Bullish Outlook For Affiliated Managers Group
    In this article, let's take a look at Affiliated Managers Group Inc. (AMG), a $11.99 billion market cap company, which is an asset management company...
    View all 2 comments
    ovenerio 07-03 13:54
  • ovenerio commented on ovenerio's article 18 hr ago
    One of Icahn's Favorite Stocks Seems to be Overvalued
    One well-known activist investor, Carl Icahn (Trades, Portfolio), further increased his position in Chesapeake Energy Corporation (CHK) through Icahn...
    View all 2 comments
    ovenerio 07-03 13:52
    • Hi Halljosp15

      It is a method to calculate intrinsic value, and we must make assumptions in order to approximate to the real world.

      But I agree with you, bet!

       

       
  • ovenerio commented on ovenerio's article 18 hr ago
    A Safe Dividend Investment
    In this article, I will analyze the sustainability of dividends (using coverage ratios) of Wells Fargo (WFC), which is Warren Buffett (Trades,...
    View all 2 comments
    ovenerio 07-03 13:49
    • Hi Butle49056

      Yes I agree with you. We have to add some "sense" to the math as well.

      Thanks for your comment!

       

       
  • Dr. Paul Price commented on Sheila Dang's article 19 hr ago
    Signature Select Canadian Fund's Top 5 New Buys
    The Signature Select Canadian Fund (Trades, Portfolio) added 40 new stocks to its portfolio during the six months ended March 31, according to data...
    View all 2 comments
    Dr. Paul Price 07-03 12:56
    • After 5 straight years of major under-performance, why should anyone care what these guys are buying or selling, except as a contrary indicator?
  • Dr. Paul Price commented on page 19 hr ago
    Peter Lynch Monthly Newsletter- GuruFocus.com
    View all 60 comments
    Dr. Paul Price 07-03 12:50
    • Note:

      Baxter International's (BAX) spin-off of Baxalta (BXLT) was completed on July 1, 2015.

      Our Equity Portfolio now owns equal numbers of shares in each company. Our cost basis for BAX has been reduced to reflect this event. BXLT shares are now shown as a long holding.

      No new cash was required.
  • Dr. Paul Price commented on page 19 hr ago
    Peter Lynch Monthly Newsletter- GuruFocus.com
    View all 59 comments
    Dr. Paul Price 07-03 12:48
    • Sjmurphy,

      I try to sell calls with net exercise prices (Strike price + premium received) that approach fair, or above fair value.

      I don't use any hard and fast rules about minimum set annualized percentages. In our ZIRP world anything well above 5% - 10% in a relatively short period of time could be considered.

      I have already sold some TSm Jan. 2016, $25 & $26 calls agianst the recently acquired shares. Having to sell for $3 - $4 above this week's purchase price would be a very acceptable acceptable 7-month return.

      The $0.95-cent or $0.67-cent premiums per share received have been used to buy DDR, and more KORS shares at very favorable prices.
  • waup7707 commented on Grahamites's article 20 hr ago
    Profound Lessons From Ray Dalio
    Ray Dalio (Trades, Portfolio) is one of the most successful hedge fund managers in the world. While it may be safe to say that readers on this forum...
    View all 6 comments
    waup7707 07-03 12:16
    • I have met many people who speak the truth they believe in, financially, politically, religiously. However, their belief is miles away from reality, if not opposite to reality. When a large group of people with strong conviction of "false" truth work together fanatically, the outcome is not pretty. I don't know how Ray can effect intellectual integrity with this type of people.
  • valuequant made a stock note of GRBK: 07/15 love, loeb einhorn adding substantially, good value stock, roic 48>> wacc 9. inst only 9% room to grow roe 29% PL is 2x 20 hr ago
    GRBK: 07/15 love, loeb einhorn adding substantially, good value stock, roic 48>> wacc 9. inst only 9% room to grow roe 29% PL is 2x
    Comment
  • farabounding commented on ovenerio's article 23 hr ago
    A Bullish Outlook For Affiliated Managers Group
    In this article, let's take a look at Affiliated Managers Group Inc. (AMG), a $11.99 billion market cap company, which is an asset management company...
    View all 1 comment
    farabounding 07-03 09:29
    • Nice post!

      The expanding operating margin should provide handsome outputs so that it may help to increase the repo.
  • pravchaw commented on ecotycoon's article 07-03 06:27
    ACI Partnership Fund: A Needle in the Haystack
    "While there are some Warren Buffett in the world, identifying one is like finding a needle in the haystack", Burton Malkiel, Economist, Princeton...
    View all 1 comment
    pravchaw 07-03 07:27
    • Fantatastic article.  A keeper.
  • Thomas Macpherson commented on Grahamites's article 07-03 06:00
    Profound Lessons From Ray Dalio
    Ray Dalio (Trades, Portfolio) is one of the most successful hedge fund managers in the world. While it may be safe to say that readers on this forum...
    View all 5 comments
    Thomas Macpherson 07-03 07:00
    • Grahamites. Thanks for sharing this. I've never really followed Ray so this was really interesting to read. The part about mistakes was particularly interesting. I've generally found that most people genuinely hate mistakes and find very little interesting in them (I fight this everyday myself). It's kind of like hearing a close friend congratulate another on their success when the reality it's more like Gore Vidal's "each time a friend succeeds a little part of my heart dies". So it was refreshing to hear Ray's outlook. Thanks again. - Tom

       

2015-07-03

2015-07-02

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