Great job Jeff as usual, I like that you've always kept a practical and analytical approach to things over the past 5 years, cutting through the emotions.
That fig leaf graphic and the commentary on your Aunt/Uncle is one of the funniest I have ever seen on this site lol. But it does drive home your point about so much speculation of the what-ifs.
With Turkish stocks and, by extension, the Turkey ETF (TUR), trading just a shade below all time highs, it's worth looking at the country's fundamentals in the wake of Moody's investment grade blessing (I, II). From WSJ: Debt-to-GDP is just 36% (down 10% in the past three years alone), 2012's budget deficit was a comparatively meager 1.4%, and the country's reliance on foreign currency debt is limited to just 27%. Like the Philippines however, authorities are concerned about the potential for inflows of "hot money": "Investment grade can lead to excessive build up of risk and we may have to look into that," Finance Minister Mehmet Simsek says. [View news story]
Turkey has been getting these hot inflows for about 2 decades now so have been doing a great job managing it, so glad they are keep keeping the issue on the map to stay responsible.
Selling NBG puts (they have quite a substantial Turkish asset base)
My favorite place in the world to visit and will be attending the Turkish culture festival in a couple of hours.
Merhaba to all my Turkish brothers and sisters out there.
Apple Vs. Microsoft: The Tide Did Turn [View article]
That Microsoft and Nokia ad campaign is being pushed REALLY HARD right now, notice the phone commercial and Windows 8 in the NBA Playoffs, these are not cheap commercials.
Verizon Gets In Position To Punt Vodafone From Verizon Wireless [View article]
hacimo tell me how you really feel about that sale price bro lol! :-)
I do think that the smartphone adoption phase has grown beyond its bursty growth phase though in the US and the markets here are getting saturated. That doesn't mean it won't be a lucrative market for years to come, it's more like cable companies which rake in money, but novelty is gone and everyone has a smart phone now.
I do disagree with you completely on the African market though, it is happening NOW right before our eyes. Waiting for "some day" is too late to get in.
Bret I think so! My personal theory is that all the money that left Apple keeps finding its way into "stocks of the week" and the jumps are huge. I see it all over the place.
It's like stocks will jump up 5-10% in one day out of nowhere.
BlackBerry Vs. Nokia Is Like Audi Vs. Kia [View article]
It's a good point. NOK is under Microsoft's umbrella right now and also has a ridiculously strong partner in Siemens as well, those are two very strong hands.
BDC Risk Profiles: Part 3 - Leverage [View article]
Long TCPC
Using The Fed As A Fig Leaf [View article]
That fig leaf graphic and the commentary on your Aunt/Uncle is one of the funniest I have ever seen on this site lol. But it does drive home your point about so much speculation of the what-ifs.
General Electric Looks As If It's Becoming The Shareholder-Friendly Company It Once Was [View article]
If GE did spin off GE Capital as an IPO, how does this change your original analysis? And would you go for GE or GE Capital or both?
Structural Change In The Mobile Processor Marketplace: Intel Wins; ARM, AMD Lose [View article]
Go engineers !
Where To Look For Fallen Angels Now [View article]
With Turkish stocks and, by extension, the Turkey ETF (TUR), trading just a shade below all time highs, it's worth looking at the country's fundamentals in the wake of Moody's investment grade blessing (I, II). From WSJ: Debt-to-GDP is just 36% (down 10% in the past three years alone), 2012's budget deficit was a comparatively meager 1.4%, and the country's reliance on foreign currency debt is limited to just 27%. Like the Philippines however, authorities are concerned about the potential for inflows of "hot money": "Investment grade can lead to excessive build up of risk and we may have to look into that," Finance Minister Mehmet Simsek says. [View news story]
Selling NBG puts (they have quite a substantial Turkish asset base)
My favorite place in the world to visit and will be attending the Turkish culture festival in a couple of hours.
Merhaba to all my Turkish brothers and sisters out there.
Apple Vs. Microsoft: The Tide Did Turn [View article]
Verizon Gets In Position To Punt Vodafone From Verizon Wireless [View article]
I do think that the smartphone adoption phase has grown beyond its bursty growth phase though in the US and the markets here are getting saturated. That doesn't mean it won't be a lucrative market for years to come, it's more like cable companies which rake in money, but novelty is gone and everyone has a smart phone now.
I do disagree with you completely on the African market though, it is happening NOW right before our eyes. Waiting for "some day" is too late to get in.
Chicago Bridge & Iron Company: Fundamental Stock Research Analysis [View article]
Getting Drunk On The Punch [View article]
It's like stocks will jump up 5-10% in one day out of nowhere.
Chicago Bridge & Iron Company: Fundamental Stock Research Analysis [View article]
BlackBerry Vs. Nokia Is Like Audi Vs. Kia [View article]
Getting Drunk On The Punch [View article]
I am going to go jump off a bridge now (totally joking), but seriously this hurts !!!
Intel Won't Build Apple's Chips; It Still Makes No Sense [View article]
Topping it off with NOK for the speculative gains
Getting Drunk On The Punch [View article]