Among Jim Chanos' tip-offs for value traps: Cyclical and/or highly dependent on one product, and hindsight driving profit expectations. Among the stocks that fit: CONSOL Energy (CNX), Petrobas (PBR), Hewlett-Packard (HPQ), Coinstar (CSTR), Banco Santander (SAN), and Australia's Fortescue. [View news story]
Thats not even a value trap that just is a suckers bet!
Berkshire Hathaway's (BRK.A +1.1%) Burlington Northern railroad plans to increase capital spending to $3.9B this year in order to boost capacity for coal shipments as demand increases with oil pipelines maxing out. The proposal includes $2.1B for the core network and another $1.1M on locomotive, freight car and equipment acquisitions. [View news story]
Calling the "Too-Big-To-Fail" banks "one one of the greatest threats to our long-term economic prosperity," Jon Huntsman notes that the six largest financial institutions have assets worth over 66% of GDP, up from 20% in the 1990s. As President, Huntsman would break up these lenders; he also yearns for more community banks. [View news story]
Banking assets are 90% of GDP according to a really good hf manager i know. In France its over 400, same with Sweden and Denmark.
Forcefully defending himself at a press conference, SNB chief Hildebrand rejects all accusations regarding his family's currency transactions. A bit more color on those: Three weeks before Hildebrand cut the legs out from under the franc, his wife sold 400K of them for greenbacks. Following the franc's plunge, the family bought them back to finance a property deal. A PWC investigation has found no impropriety. [View news story]
Maybe Congress can also learn a lesson and resign for their insider trading....
MC poll: What are your predictions for 2012? Which way will stocks go? What about oil and gold? What will happen with the eurozone crisis, or U.S. unemployment? Any under-the-radar stocks or ETFs worth keeping an eye on? [View news story]
Elections have nothing to do with market returns, sorry to burst your bubble. I can show you tons of articles on the topic if you want.
MC poll: What are your predictions for 2012? Which way will stocks go? What about oil and gold? What will happen with the eurozone crisis, or U.S. unemployment? Any under-the-radar stocks or ETFs worth keeping an eye on? [View news story]
Market Valuation Issues - Extreme Forces - Earnings Vs. E10, Bond PE's Vs. S&P 500 PE's [View article]
Thanks Paul,
Doug and I collaborate on the series. He is very busy with his new role, but I am trying to get shadowstats CAPE numbers. My wickedly smart analyst friend put the shiller PE using shadowstat data at 12-13. I think in general Shiller's regular method is a bit too bearish, but it overall one of the best market valuation tools.
Market Valuation Issues - Extreme Forces - Earnings Vs. E10, Bond PE's Vs. S&P 500 PE's [View article]
Very good summary. I do something similar every month with CAPE, Tobins Q, Dividend Yield, P/B etc. I am just curious I heard if you used older inflation numbers the Shiller PE would actually be closer to 12 or 13, do you have any information on this?
If anyone wants to check it out here is my monthly article for December-http://bit.ly/syP1fn
What Happened To $2.71 Billion In David Tepper's Portfolio? [View article]
Thanks. I dont know all the amounts but this is reliable and it was backed by two different sources. If you need info on Tepper let me know and I might be able to get it.
Jump Up To 7.75% Yields With Goldman Sachs Kangaroo Bonds [View article]
gr8 write up, did one myself a few months ago about Aussie bonds-http://bit.ly/pVVfaI/. Although there is little credit risk, I do see large currency risk if Australian housing bubble or China bursts. Hedging costs are enormous.
Among Jim Chanos' tip-offs for value traps: Cyclical and/or highly dependent on one product, and hindsight driving profit expectations. Among the stocks that fit: CONSOL Energy (CNX), Petrobas (PBR), Hewlett-Packard (HPQ), Coinstar (CSTR), Banco Santander (SAN), and Australia's Fortescue. [View news story]
Aggressive Growth Plan Sets Sunpeaks Ventures Up For Bright Future [View article]
Berkshire Hathaway's (BRK.A +1.1%) Burlington Northern railroad plans to increase capital spending to $3.9B this year in order to boost capacity for coal shipments as demand increases with oil pipelines maxing out. The proposal includes $2.1B for the core network and another $1.1M on locomotive, freight car and equipment acquisitions. [View news story]
Calling the "Too-Big-To-Fail" banks "one one of the greatest threats to our long-term economic prosperity," Jon Huntsman notes that the six largest financial institutions have assets worth over 66% of GDP, up from 20% in the 1990s. As President, Huntsman would break up these lenders; he also yearns for more community banks. [View news story]
Forcefully defending himself at a press conference, SNB chief Hildebrand rejects all accusations regarding his family's currency transactions. A bit more color on those: Three weeks before Hildebrand cut the legs out from under the franc, his wife sold 400K of them for greenbacks. Following the franc's plunge, the family bought them back to finance a property deal. A PWC investigation has found no impropriety. [View news story]
Immunocellular Therapeutics: An Interesting Biotech [View article]
Bio I disclose everything. Not interested in committing fraud. I follow their guidelines exactly and SA's.
MC poll: What are your predictions for 2012? Which way will stocks go? What about oil and gold? What will happen with the eurozone crisis, or U.S. unemployment? Any under-the-radar stocks or ETFs worth keeping an eye on? [View news story]
MC poll: What are your predictions for 2012? Which way will stocks go? What about oil and gold? What will happen with the eurozone crisis, or U.S. unemployment? Any under-the-radar stocks or ETFs worth keeping an eye on? [View news story]
Market Valuation Issues - Extreme Forces - Earnings Vs. E10, Bond PE's Vs. S&P 500 PE's [View article]
Doug and I collaborate on the series. He is very busy with his new role, but I am trying to get shadowstats CAPE numbers. My wickedly smart analyst friend put the shiller PE using shadowstat data at 12-13. I think in general Shiller's regular method is a bit too bearish, but it overall one of the best market valuation tools.
Market Valuation Issues - Extreme Forces - Earnings Vs. E10, Bond PE's Vs. S&P 500 PE's [View article]
If anyone wants to check it out here is my monthly article for December-http://bit.ly/syP1fn
Cellceutix Eyeing A $5B Annual Market With Potential Caner Research Breakthrough [View article]
What Happened To $2.71 Billion In David Tepper's Portfolio? [View article]
What Happened To $2.71 Billion In David Tepper's Portfolio? [View article]
Also CNBC picked it up and confirmed it-http://bit.ly/uHZouF
German, French Markets Are Cheap Based On Valuations [View article]
Jump Up To 7.75% Yields With Goldman Sachs Kangaroo Bonds [View article]