Welcome to GuruFocus Investment Space.

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

Join      Log in

Today

  • Hugo Roque commented on Hugo Roque's article 2 hr ago
    Stocks Are a Safer Investment
    In Berkshire Hathaway (BRK.A)(BRK.B)’s 2014 shareholders letter, Warren Buffett (Trades, Portfolio) gave to investors a profound piece of...
    View all 4 comments
    Hugo Roque 11-17 16:59
    • Agree that the stream of income from salary is a real asset and also an hedge against inflation. But, for example, in agregatte there are few countries where since 2009 workers have recover their purchasing power... But if you are Cristiano Ronaldo or Lebron James, you are probably not bad at all...

      But the question still stand. Where should workers invest their income to perserve their purchasing power?

      Please check what hapenned to the Argentinian Stock Index since 2000. Fixed income investors lost almost everything has currency devalued significantly in 2001/2. Stocks also correct, but some years later they were providing investors positive returns, even after conversion to dollars or euros...

      Regards,

      Hugo
  • koopgeo created personal space. 3 hr ago
  • Mayank Marwah posts: 6 hr ago
    Ford to Partner With Walmart to Design Driverless Delivery Vehicles
    The second largest U.S. automaker Ford (F), Walmart (WMT) and delivery service Postmates have come together to explore how they can make use of driverless technology to deliver food stuffs and other consumer goods to Walmart customers. In fact,...
    Comment
  • Shuda Xia posts: 6 hr ago
    Weekly Top Insider Buys Highlight for the Week of Nov. 16
    Enterprise Products Partners LP (EPD):...
    Comment
  • nagesh raj commented on reliablemandate's topic 8 hr ago
    BG/SBLC PROVIDER
    ARE YOU AN INDIVIDUAL BUSINESSMAN OR A BUSINESS ORGANISATION THAT WISHES TO EXPAND IN BUSINESS, WHY NOT SOURCE FOR BG/SBLC FROM WONG MAN BROKERS WHO...
    View all 51 comments
    nagesh raj 11-17 11:31
    • Dear sir/madam;

      We are specialist in providing direct and genuine provider of BG, SBLC, MTN, CD,LC , Non collateral loan, confirmable Bank Draft and other financial assistance from AAA rated bank (Prime Bank) our Leasing price of (5.0% + 0.5% + X) of face value of the instrument. The financial instrument can be invested in High Yield Trading Program or Private Placement Programme (PPP). thus our Bank Guarantee lease , the Direct Bank Guarantee and Indirect Bank Guarantee, which is used as Bid Bond, Payment Guarantees, Letter of Indemnity,Guarantee Securing Credit Line, Advance Payment Guarantees, Performance Bond Guarantee E.T.C.

      We are RWA ready to close leasing with any interested client in few banking days, we deliver promptly as set forth by our agreement. we have direct contact with the principal, mandate and brokers. we ensure unequaled service and will be glad to share our working procedures with you upon request to help us proceed towards closing deals effectively

      For further inquiry contact

      Name: Nagesh sundar raj belur

      E-mail: [email protected]

      Skype ID: [email protected]

      Intermediaries/Consultants/Brokers are welcome to bring their clients are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
  • bmayerle1 commented on Hugo Roque's article 8 hr ago
    Stocks Are a Safer Investment
    In Berkshire Hathaway (BRK.A)(BRK.B)’s 2014 shareholders letter, Warren Buffett (Trades, Portfolio) gave to investors a profound piece of...
    View all 3 comments
    bmayerle1 11-17 10:58
    • Noted. My comments were in reply to the sentiment that "investing in stocks for the long term is the best option to safeguard purchasing power." If the inflation of the '70s persisted much longer or got much worse, the long term return on the total stock market would likely look very different. Remember that inflation affects the cost structure of the firms and not just consumer prices. The notion that firms can raise prices over inflation consistently and indefinitely is dubious. Rather, firms face increasing borrowing costs - that stay high even when inflation has abated - and during the '70s faced discontent among workers unless they received consistent wage increases. Inflation was a crisis for these reasons and others. Stocks "came back", because inflation was reversed*

      I agree with you that during inflationary periods, the total stock market should perform better than fixed-coupon bonds. I disagree, however, that stocks are the safest way to preserve purchasing power during high inflation. Buffett was asked this very question at the annual meeting in 2003 and he said the best hedge against inflation is to be so good at your career that you can expect meaningful raises. I'm sure the questioner was dissappointed, but I belive that answer is closest to the truth.

       
  • vgm commented on Rupert Hargreaves's article 8 hr ago
    JPMorgan: A Perfect Buffett Business
    As I covered yesterday, in the third quarter of 2018, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A)(BRK.B) spent over $12 billion...
    View all 4 comments
    vgm 11-17 10:52
    • As far as I'm aware, Buffett reduced his Wells holding marginally to avoid exceeding 10% ownership of the bank, for regulatory reasons. Berkshire's percentage ownership was rising on account of share buybacks.

      Despite its recent problems, he has continued to laud Wells as a business. I agree with Praveen that WFC is probably the better value at present.
  • cmrdahorseactltd commented on John Kinsellagh's article 10 hr ago
    Home Depot: Looking Behind the Numbers
    The Home Depot Inc. (HD) reported third-quarter earnings that were significantly higher than the same period last year. Same-store sales revealed...
    View all 1 comment
    cmrdahorseactltd 11-17 09:44
    • CMRDA HORSE ACCOUNT LIMITED

      Company number 08432412

      Furley Page Llp, 39 St Margaret's Street, Canterbury, Kent, CT1 2TX.

      Tel..+447721952328.

       

      We have genuine financial instrument to help you support and make your dream project come to reality.With our cutting edge and group capital funds we can finance your signatory projects and help you to enhance your business plans,this offer is open to both individuals and corporate bodies.



      DESCRIPTION OF INSTRUMENT:

      (1) Instrument: Bank Guarantee {BG} /StandBy Letter of Credit.{SBLC} (Appendix A).

      (2) Total Face Value: Eur/USD 1M{Minimum} to Eur/USD 100MNJH{Maximum}.

      (3) Issuing Bank: AAA Rated Bank (Prime Bank).

      (4) Age: One Year and One Day.

      (5) Leasing Price: 4% of Face Value plus 2% commission.

      (6) Delivery: bank to bank SWIFT MT-799 and/or MT-760.

      (7) Payment: MT103 (TT/WT).

      (8) Hard Copy: Bonded Courier Service.



      Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved,If in need of our services, contact me for detail information. [email protected]

      skype. .[email protected]
  • Rupert Hargreaves commented on Rupert Hargreaves's article 15 hr ago
    JPMorgan: A Perfect Buffett Business
    As I covered yesterday, in the third quarter of 2018, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A)(BRK.B) spent over $12 billion...
    View all 3 comments
    Rupert Hargreaves 11-17 04:40
    • @VGM, that is worth noting, I didn't know that at the time of writing the article. Thank you. 

      @Praveen it is interesting to note Berkshire reduced its holding in WFC in Q3, only slightly (2%), but compared to the adding of BAC ($6bn +) it seems this bank has fallen out of favor with Buffett
  • Hugo Roque commented on Hugo Roque's article 18 hr ago
    Stocks Are a Safer Investment
    In Berkshire Hathaway (BRK.A)(BRK.B)’s 2014 shareholders letter, Warren Buffett (Trades, Portfolio) gave to investors a profound piece of...
    View all 2 comments
    Hugo Roque 11-17 01:34
    • Yes, of course. In the same period Berkshire manage to do about 20% a year or more than 1.800.000%. So, opportunistic selection and buying played a crucial role there.

      The point that you bring is also very important, because great long term results imply sometimes enduring long periods of underperformance. You mention the 68-82 period, and we can also point out that Berkshire itself between 98-08 lost 40%! So, its a mental challenge.

      It will never be easy. But it wont be easy with Bonds also. And the periods of underperformance can be much longer.

Yesterday

  • Thomas Macpherson commented on Grahamites's article 23 hr ago
    Why It's Almost Always a Mistake to Sell Compounding Machines
    Chuck Akre (Trades, Portfolio) was the keynote speaker of this year’s GuruFocus Value Conference. During the Q&A session, somebody asked Akre what...
    View all 4 comments
    Thomas Macpherson 11-16 20:41
    • Anchoring and confirmation bias can make it very difficult to admit that a long term and successful investment is no longer the compounding machine you thought it once was. It took me losing 25% of my profits and three go arounds with my DCF models, risk assessments, etc. before I could admit Ansys (ANSS) wasn’t the juggernaut I had invested in 13 years earlier. Just my $.02 worth. Thanks for a great article. Best - Tom
  • Praveen Chawla commented on Rupert Hargreaves's article 11-16 15:54
    JPMorgan: A Perfect Buffett Business
    As I covered yesterday, in the third quarter of 2018, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A)(BRK.B) spent over $12 billion...
    View all 2 comments
    Praveen Chawla 11-16 15:54
    • Looks quite overvalued when viewed on a historical basis.  I suspect Well-Fargo (another Buffett bank) is a better value at this time.
  • richday101 commented on Holly LaFon's article 11-16 13:52
    Warren Buffett's Berkshire Buys 4 Stocks, Sells Walmart in 3rd Quarter
    Berkshire Hathaway, where investing legend Warren Buffett (Trades, Portfolio) is CEO and chairman, unveiled its third-quarter portfolio on Wednesday...
    View all 3 comments
    richday101 11-16 13:52
    • Thanks, Holly. I meant to say "first time they bought BRK shares since 2012." Could GF include the buys on "Buffett stock picks" table.
  • Alberto Abaterusso posts: 11-16 13:43
    PepsiCo Declares Quarterly Dividend
    The U.S. snack and beverage giant is expected to pay 92.75 cents per ordinary share on Jan. 7 to shareholders of...
    Comment
  • richday101 commented on GuruFocus's article 11-16 13:40
    Warren Buffett Buys Bank of America Corporation, JPMorgan Chase & Co, Oracle Corp, Sells Phillips 66, Wells Fargo & Co, Sanofi SA
    Warren Buffett (Trades, Portfolio) Buys Bank of America Corporation, JPMorgan Chase & Co, Oracle Corp, Sells Phillips 66, Wells Fargo & Co, Sanofi...
    View all 1 comment
    richday101 11-16 13:40
    • GuruFocus has missed a very noteworthy purchase by Berkshire Hathaway of it's own stock (BRK.A and BRK.B) in the 3rd Qtr, the first purchases since 2012. See details below:

      https://on.wsj.com/2zq1ifo   Nov 4 WSJ quote: "Berkshire Hathaway Inc. repurchased $928 million of its stock in the third quarter, a rare move that indicates Chairman Warren Buffett (Trades, Portfolio) sees a dearth of appealing investment options for his company’s large cash pile"

      https://bit.ly/2PZCsx9   Nov 6 in Barrons: "The company said it bought 225 Class A shares at an average price of $312,806.74 and 4,139,192 shares of Class B shares at $207.09, for a total outlay of $927.57 million".

      These buybacks indicates Buffett feels BRK shares are undervalued at 3rd Qtr prices. The BRK.A and BRK.B buys should be reflected in GuruFocus "Buffett stock picks".   https://bit.ly/2TirD8p

       

       

       
  • Holly LaFon posts: 11-16 13:36
    Chris Davis on the Current Market: 'We Believe Lower Prices Increase Future Returns'
    While recent wild market swings may have felt stomach-churning and sent some investors running for cover, Chris Davis (Trades, Portfolio), Portfolio Manager and Chairman of Davis Advisors, reminds investors that, “market corrections are the...
    Comment
  • Omar Venerio posts: 11-16 11:55
    3 Stocks Fall Friday
    Shares of Williams-Sonoma Inc. (WSM) fell almost 13% after the company posted third-quarter earnings of 95 cents per share, on revenue of $1.36 billion, reflecting a 4.6% year-over-year growth. The company beat earnings estimates by 1 cent but...
    Comment
  • vgm commented on Rupert Hargreaves's article 11-16 11:13
    JPMorgan: A Perfect Buffett Business
    As I covered yesterday, in the third quarter of 2018, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A)(BRK.B) spent over $12 billion...
    View all 1 comment
    vgm 11-16 11:13
    • It's perhaps worth mentioning that Buffett, in an interview on CNBC several years ago, revealed that he held JPM stock in his personal (ie, not Berkshire) portfolio. 
  • Rupert Hargreaves posts: 11-16 11:00
    Is Rising Volatility a Sign of an Upcoming Bear Market?
    At the same time, some of the index's...
    Comment
  • bmayerle1 commented on Hugo Roque's article 11-16 10:45
    Stocks Are a Safer Investment
    In Berkshire Hathaway (BRK.A)(BRK.B)’s 2014 shareholders letter, Warren Buffett (Trades, Portfolio) gave to investors a profound piece of...
    View all 1 comment
    bmayerle1 11-16 10:45
    • Interesting article. Certainly if one had invested in the S&P 500 companies in 1964, the return over 50 years was substantial, and if one had invested in BRK in 1965, the returns since would have been far greater. But it is an indisputable fact that from 1968 to 1982, during the most inflationary period of the 20th century in America, the S&P 500 lost ~50% in real, after inflation, terms. It is noteworthy that much of the gains in real terms were posted only during the period of falling inflation since 1981.

      Buffett himself wrote in the late '70s that inflation is a net negative for equity investment, and his holdings during the inflationary '70s were bought during deep corrections (Washington Post and GEICO), included many commodity stocks (Kaiser Aluminum, ALCOA, Handy & Harman, Amerada Hess and Cleveland-Cliffs), and had much faster turnover than his investments from the '80s onward. 
  • capitalrestructuredadvertpage post a new topic 11-16 10:23
    Re BG SBLC PROVIDER
    WELCOME TO CAPITAL RESTRUCTURING LOAN COMPANY LENDING SERVICE, we are registered and guaranteed loan company and we give out loans to individuals, companies, government establishments, churches and business organizations and people of all sorts. Are you...
    Comment
  • Omar Venerio posts: 11-16 10:19
    Wall Street Turns Red on Friday
    U.S. stocks retreated on Friday morning, while trade tensions and political risks persist. In Europe, U.K. retail sales declined 0.5% in October. The Dow Jones Industrial Average fell 0.17% to 25,246, the S&P 500 index lost 0.25% to 2,723, and...
    Comment
  • Alberto Abaterusso posts: 11-16 10:06
    Buy Altria and British American Tobacco
    Altria Group Inc. (MO) declined 10% to $57.28 per share, and...
    Comment
  • shb600 commented on Grahamites's article 11-16 09:03
    Why It's Almost Always a Mistake to Sell Compounding Machines
    Chuck Akre (Trades, Portfolio) was the keynote speaker of this year’s GuruFocus Value Conference. During the Q&A session, somebody asked Akre what...
    View all 3 comments
    shb600 11-16 09:03
    • Identifying the future compounding machines from the hundreds/thousands of stocks that only appear to be compunding machines is the the hard part. Not selling is easy. That's why there is one Buffett and millions of pretenders.
  • denisganiu commented on Alberto Abaterusso's article 11-16 05:11
    How to Determine the Intrinsic Value of a Gold Stock
    If you want to estimate the intrinsic value of a gold mining stock, better known as its "real value," it's important to consider a pair of factors as...
    View all 1 comment
    denisganiu 11-16 05:11
    • Could you please show how you computed the equation line of a trend
  • TonyTiger commented on John Kinsellagh's article 11-16 02:22
    Is It Time for Investors to Look Overseas?
    The pummeling stocks sustained in October is over, but the carnage has left some wondering whether sky-high valuations in some sectors have overshot...
    View all 2 comments
    TonyTiger 11-16 02:22
    • Global markets are now fully synchronized: when the US markets gets a cold, emerging markets check in to intensive care.

      Yes, you can buy assets in other countries cheaper than the US right now, but they will get much cheaper if there is a bear market in the US. Saw this already in 2000 and 2007... Until you can buy emerging market stocks at price to cash rations around 1 they are not yet cheap...
  • optivofinanceplc commented on Johnson Bruce's topic 11-16 00:54
    Genuine sale BG/SBLC for lease or purchase
    Dear SirMa We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as well as...
    View all 2 comments
    optivofinanceplc 11-16 00:53
    • We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease/sales, our bank instrument can be engage in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer or get involved in chauffeur driven offers.

      We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.

      The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee/Standby Letter of Credit will be paid after the delivery of the MT760,

      Description OF INSTRUMENTS:

      1. Instrument: Bank Guarantee (BG/SBLC)

      2. Total Face Value: Eur/USD 5M MIN and Eur/USD 10B MAX (Ten Billion EURO/USD).

      3. Issuing Bank: HSBC Bank London, Barclay's bank London,Credit Suisse and Deutsche Bank Frankfurt.

      4. Age: One Year, One Month

      5. Purchasing Price: 32% of face value plus 2% commission fees Leasing Price: 4% of Face Value plus 1% commission fees.

      6. Delivery: Bank to Bank swift.

      7. Payment: MT-103 or MT760

      8. Hard Copy: Bonded Courier within 7 banking days.

      We are ready to close leasing/Buying with any interested client in few banking days, if interested do not hesitate to contact me

       

      Name : PAUL DAVID

      Email: [email protected]

      Skype: [email protected]

2018-11-15

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)

GF Chat

{{numOfNotice}}
FEEDBACK