Seeking Alpha
View as an RSS Feed

Deja Vu  

View Deja Vu's Comments BY TICKER:
Latest comments  |  Highest rated
  • Musk: Preorders start soon for Tesla for the masses [View news story]
    That 35K car Tesla will sell is already available on Amazon from Redcat racing. With brushless motors and a nice remote control too.

    And I'm taking preorders for a flying anti gravity car due to ship late 2089 June.
    Sep 2, 2015. 06:35 PM | 6 Likes Like |Link to Comment
  • Felix Zulauf: Bottom isn't in yet [View news story]
    no shortage of broken clocks I see...
    Aug 29, 2015. 10:02 AM | 12 Likes Like |Link to Comment
  • Wall Street Breakfast: How Does The Wild Week End? [View article]
    @scott pettigrew, your explanation is that inflation has occurred - for the wealthy, for the goods consumed by them (Manhattan real estate, artwork). Still that money must have been paid to the sellers, who should have done something with the money in six years causing inflation.

    @copius28, The oil price crash happened relatively recently, while QE was humming along prior to that. In fact the further back you go in the last six years, the lesser the productivity, therefore greater the inflation should have been (too much money chasing too few goods)

    @me69, @hobart16, you are saying effectively the banks sterilized the money printing because of higher statutory liquidity ratios because of the latest round of Basel. hmmm...I'm sure if one counted up all the banks reserves and how much they have risen that might reveal a lot. In that case QE was a failure, because the private sector did QT, while the central bank did QE, negating each other.

    Every day Joe did what he always does, BT - belt tightening in lieu of eating.
    Aug 28, 2015. 08:27 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: How Does The Wild Week End? [View article]
    I am a little puzzled. Where is the central bank money going, all over the world? Everyone, (including me) predicted inflation. Did the stock market sterilize the excess cash?

    Why is there deflation instead of inflation? The only other logical explanation is that productivity grew faster than the expansion of the monetary base. Productivity then should have grown at WWII rates in the last six years. It doesn't make sense. Where is the money and why is there no inflation?
    Aug 28, 2015. 07:11 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: Crude Prices Head To The $30s [View article]
    So Wall Street is pulling a Clinton and wiping their own data?
    Aug 20, 2015. 08:45 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: China Stock Plunge Weighs On World Markets [View article]
    To think the surface scratching media hailed Xi as a "reformer" who would allow "market forces" greater say and "move to a more decentralized model" of economic policy. Not only that, these geniuses opined sagely that "the hard landing has been avoided...."

    These were the opinions of the so called "experts on China" and various hedge fund managers as put forth on CNBC, Barrons, WSJ, Bloomberg and what not...people who manage hundreds of billions, if not trillions of Other People's Money and pay themselves tens of billions each year to do so...

    Clearly shows that these people have zero idea what they are talking about...
    Aug 18, 2015. 07:36 AM | 7 Likes Like |Link to Comment
  • Greece approves new bailout package [View news story]
    OK! OK ! Anything you say!!!! Just give me the money!!!

    Greece sounds like a junkie willing to say anything just to get the next dose....
    Aug 14, 2015. 09:46 AM | Likes Like |Link to Comment
  • Upgrades arrive for Google after restructuring; shares up over 5% [View news story]
    Time to buy some short dated puts for the hangover from this party
    Aug 11, 2015. 11:56 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Devalues Yuan To Lift Flagging Economy [View article]
    Chinese Economic Strategy

    1. Inflate giant building bubble
    2. Tell people owning property in bubble to pledge property and buy stocks to provide underwater property owners with a escape.
    3. Inflate the stock bubble so as to provide a cash cushion to the property owners as the property bubble bursts
    4. As every one tries to cash out of the stock bubble and stock bubble implodes, print yuan to prop up stock market
    5. As you print yuan, simultaneously prop up yuan on international market using foreign exchange reserve
    6. Realize that the foreign exchange reserve is being used up at an unsustainable rate to support yuan and instead officially devalue the yuan

    7....I can't wait to see what comes next...President Xi standing on the shores of the Pacific Ocean, ordering the tides to retreat....
    Aug 11, 2015. 08:16 AM | 15 Likes Like |Link to Comment
  • What If I Had Stayed Away From The 'Sell' Button? [View article]
    for the sake of clarity I'll explain with a single one stock portfolio.

    Let us say you have $100,000 on Jan 1. You buy $100,000 of AAPL and sell it. The you buy $100,000 (more or less depending on whether or not you made a profit or loss on AAPL) of FB and sell it down the road. You keep repeating this buy and sell process 35 times by December 31.

    Now you want to compare this against buying a stock and holding.

    The point is you can't compare what would have happened if you held all your 35 positions against your single buy and hold position. to acquire a position you had to sell a position.

    The argument holds true if you bought N stocks for $100,000 on January 1, swapped those for X number of stocks In february and so on. You can't compare the cumulative performance of all those short lived positions as though they were all buy and hold positions against a single buy and hold position, since the duration you *could have held* those positions is by reasons of capital churn, necessarily short.
    Aug 10, 2015. 03:32 PM | Likes Like |Link to Comment
  • What If I Had Stayed Away From The 'Sell' Button? [View article]
    But without selling you wouldn't have had the money to open the next position assuming your portfolio wasn't sitting in cash.

    So if I have $100,000 and I buy FB this week, AAPL next week, etc, I can't go back and look at it as if I had the money to hold all those portfolios over time. You simply cannot take all your portfolios you ever held and compare the returns, because you never held all of them at the same time.

    I would have to pick one portfolio and in fairness I would have to pick the very first portfolio since the objective was to see what happens when you buy and hold.
    Aug 10, 2015. 08:14 AM | 2 Likes Like |Link to Comment
  • Greece, creditors agree on draft of third bailout deal [View news story]
    They'll agree to everything and do nothing. Just show them the money.

    This time the Kabuki was well acted by Tsipras and Merkel.

    They should be nominated for an Oscar or Tony or whatever.
    Aug 9, 2015. 09:29 AM | 5 Likes Like |Link to Comment
  • Disney Will Bounce Back - Cramer's Mad Money (8/6/15) [View article]
    Kramer, as usual, cheerleading all the way to the graveyard...
    Aug 9, 2015. 07:48 AM | Likes Like |Link to Comment
  • Report: Apple's next iPhone event set for week of September 7 [View news story]
    Oooh pink!! I'm, like, so excited. What new Android features are we going to see this time?

    Android dreams and the fanbois scream "its the most wonderful phone of the year!"
    Aug 8, 2015. 10:36 AM | 1 Like Like |Link to Comment
  • Icahn takes active 8.18% stake in Cheniere Energy [View news story]
    Icahn Enterprise Partners (IEP) is down 25% over last 12 months. Add in a 2% management fee, that is 27% over the last 12 months.

    Icahn's probably dialing Timmy every 5 minutes like a lovelorn teenager...begging for special dividends, buybacks...anything

    Got burnt following this genius into TLM at $13.5, no out at $12.5 thank god, but could have been much much worse.....

    IEP is not going over the high water mark of $148 anytime soon trading as it is at $77. it is going to be mighty slim pickings for Uncle, living on the 2% with no 20%...Maybe Ackman can spare him a five dollar bill for lunch money...
    Aug 7, 2015. 10:34 AM | Likes Like |Link to Comment