Welcome to GuruFocus Investment Space.

Please Join Us to share your investment ideas with more than 100,000 GuruFocus users.

Join      Log in

batbeer2 Feed

batbeer2's Space » Latest Feeds

2017-02-23

2017-02-22

  • batbeer2 commented on Rupert Hargreaves's article 02-22 11:55
    Charlie Munger Is Worried About American Express; Should You Be?
    One of Warren Buffett (Trades, Portfolio)’s largest legacy positions is American Express (AXP). He has stated his commitment to the business many...
    View all 1 comment
    batbeer2 02-22 11:55
    • Thanks for sharing your thoughts.

      >> fewer and fewer merchants are willing to pay American Express’ hefty charges to be part of the network.

      Two thoughts:

      1) How do you know this? American Express has by far the largest merchant network of any card issuer. What's more, I believe the number is growing, not shrinking. 

      2) Perhaps it is worth mentioning that Munger (through DJCO) is long American Express.

2017-02-15

  • batbeer2 commented on GuruFocus's article 02-15 14:40
    Portfolio Contest Winner Announcement; 24 Hours Left for 2017 Contest
    As we previously announced, it is now time for us to announce the winners for GuruFocus 2016 Portfolio Contest. The winner is based on the...
    View all 1 comment
    batbeer2 02-15 14:40
    • Hi Gurufocus.

      Good idea, thanks.

      I created a portfolio for the 2017 contest here.

      The portfolio had three stocks and up until friday the portfolio was fine. Just checked on it today and now there is just one stock!? Fannie and Freddie are gone.

      What's worse, the portfolio is no longer within the competition guidelines.

      Of course the portfolio was locked; it certainly wasn't me that removed the two stocks.

      What gives?

       

2012-04-22

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK