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John McCoy  

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  • Ford Motor: This Ridiculous Valuation Can't Last Forever [View article]
    Don't forget China, which is a small but very fast growing and important market for Ford. With strong US sales continuing, new models being rolled out and setting up for 2015, a recovering European market, and a small but fast growing China/Asian market, Ford is an excellent long term investment, and one of my top positions along with BAC and BRK-B. And with a current 3.3% dividend yield, they're paying you to wait. Ford is a buy on any weakness throughout 2014.
    Mar 16, 2014. 01:35 PM | 2 Likes Like |Link to Comment
  • This Time It Is Different - Americans Are More Pessimistic [View article]
    Look for snack food companies like PEP and MDLZ to do well due to the "munchie factor."
    Mar 8, 2014. 02:51 PM | 3 Likes Like |Link to Comment
  • What's Wrong With Prospect Capital? [View article]
    Excuse me, I meant if it stays under $11. Under $10 would be quite the deal.
    Mar 7, 2014. 04:09 PM | Likes Like |Link to Comment
  • Buffett's Big 5 Stocks: Bank Of America A Keeper? [View article]
    You and me both Lordbru, good job buying that low and staying long. I'm thinking we're going to see the first dividend increase next quarter.
    Mar 6, 2014. 09:42 PM | 3 Likes Like |Link to Comment
  • What's Wrong With Prospect Capital? [View article]
    I'm long PSEC and I agree with the author here - there is nothing fundementally wrong with the company. This is a nice buying opportunity, and I just added 210 shares today at $10.89, now holding 1,260 shares at a bit over $11, and will continue to average down for as long as it stays under $10. I also like MAIN, FSC and TICC in the BDC space.

    Nice article, thank you.
    Mar 6, 2014. 02:23 PM | 1 Like Like |Link to Comment
  • Bank Of America: A Good Time To Buy? [View article]
    I am also long on both BAC and BRK-B and plan to stay that way. If Buffett see's value in holding his BAC warrants until 2021, that's good enough for me to stay long the stock. Also agree on the probability of a dividend increase this quarter. I'd like to see some more share repurchases as well, would be nice to reduce the share count at these levels.
    Mar 5, 2014. 05:29 PM | 1 Like Like |Link to Comment
  • Buffett's Berkshire Beatdown [View article]
    Not necessarily Uncle. Remember, price is what you pay, value is what you get. IMO, speculators live by stock price while investors look more towards book value, especially in BRK's case. I'm much more comfortable relying on their stated book value then I am with most other companies.
    Mar 5, 2014. 06:53 AM | Likes Like |Link to Comment
  • The Dhandho Of Berkshire Hathaway: Why It Just Might Be A Good Partial Substitute For An Index Fund [View article]
    Excellent article Jim, thank you. I especially like the phrase "Heads I win; tails I don't lose much." That's precisley how I've always viewed my BRK position, which is also one of my largest positions. Count me as a new follower too, and thanks again for the excellent article.
    Mar 2, 2014. 11:22 AM | 2 Likes Like |Link to Comment
  • Berkshire: Has Buffett Lost His Touch? [View article]
    The last 5 years have been strong up years, ending with a 30% gain for the S&P in 2013. Due to the ever increasing size of BRK, Buffett himself has said that it will be nearly impossible for Berkshire to outperform the index in up years, but that he fully expects the company to outperform in down years. I'll gladly use a quality, highly profitable and stable company like Berkshire as a hedge for the rest of my portfolio. As Buffett says, it may reduce our overall returns a bit, but it helps us sleep well at night. I'm sticking with BRK.
    Mar 2, 2014. 08:12 AM | 8 Likes Like |Link to Comment
  • Buffett's Latest Letter Drops This Weekend [View article]
    That's some serious wishful think there UncleLongHair. I can see your rational - stocks are at all time highs, Berkshire stock is above his stated 120% of BV buyback level, and his lack of recent success at hunting the "elephant" aquisitions, Heinz notwithstanding. But I just don't see him reversing 40 plus years of no dividend policy, especially after everything he wrote about it in last years letter.
    Feb 28, 2014. 06:39 PM | 3 Likes Like |Link to Comment
  • Buffett's Latest Letter Drops This Weekend [View article]
    I'm seriously considering attending my first Berkshire shareholders meeting this year. Can't wait to read tomorrows letter, but I don't see much in the way of suprises coming out of it. Berkshire's portfolio companies all did very well, and the stock portfolio must have really sizzled. All in all, I expect excellent results, little in the way of suprises, and a nice pop that starts us back towards new highs. That said, I could be wrong about the suprises.
    Feb 28, 2014. 06:26 PM | 2 Likes Like |Link to Comment
  • The Daily Journal Corporation: Recent Hype Around The Company's Marketable Securities Obscures Quiet Expansion Into Legal Software [View article]
    Outstanding article. Thank you for the very well thought out analysis. DJCO is a true diamond in the rough.
    Feb 15, 2014. 05:17 PM | Likes Like |Link to Comment
  • Prospect Capital Declares Its 72nd, 73rd, and 74th Consecutive Cash Distributions to Shareholders, Exceeding $1.2 Billion in Cumulative Distributions to Shareholders Since 2004 [View article]
    Use this pullback to get in to this stock or to buy more. I'm buying more tomorrow. 12.2% yield, paid monthly, and preannounced dividends through September? What's not to like?
    Feb 3, 2014. 07:13 PM | 1 Like Like |Link to Comment
  • Will Ford's Stock Catch Up With The Company? [View article]
    Good point JD, thanks.
    Jan 28, 2014. 01:55 PM | Likes Like |Link to Comment
  • Will Ford's Stock Catch Up With The Company? [View article]
    Fords dividend is NOT .10 cents per quarter. They announced a 25% dividend increase to .125 cents per quarter on Jan 9th. Yiels as of yesterdays closing is a VERY repsectable 3.18%.
    Jan 28, 2014. 12:17 PM | 3 Likes Like |Link to Comment