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Parsimony Investment Research

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  • Buy Gold Ahead Of QE3 [View article]
    Thanks for sharing, John124...
    Nov 29 10:00 AM | Likes Like |Link to Comment
  • Buy Gold Ahead Of QE3 [View article]
    Agreed!
    Nov 29 09:59 AM | Likes Like |Link to Comment
  • Why I'm Betting That Wells Fargo Is Here To Stay [View article]
    You are correct...that was a typo...
    Nov 28 09:26 PM | Likes Like |Link to Comment
  • Why I'm Betting That Wells Fargo Is Here To Stay [View article]
    That certainly doesn't hurt, donzoab...
    Nov 28 04:08 PM | Likes Like |Link to Comment
  • Gold, Inflation And Lessons From Latin America [View article]
    Hollywood65, you are correct...everyone should read this book...
    Nov 28 12:57 PM | 1 Like Like |Link to Comment
  • Is Your Portfolio Ready For The 'Great Deleveraging?' [View article]
    dancing diva - you are correct about utility stocks. We only highlighted a few names for this article and the list was by no means exhaustive...stayed tuned for part II of the article...
    Nov 27 11:01 PM | Likes Like |Link to Comment
  • Is Your Portfolio Ready For The 'Great Deleveraging?' [View article]
    Well said, Desmios...
    Nov 27 10:58 PM | 1 Like Like |Link to Comment
  • High Yield Market Is Setting Up For A Pullback - Remain Cautious On BDCs [View article]
    Fair point, Peter...
    Nov 27 03:29 PM | 2 Likes Like |Link to Comment
  • Is Your Portfolio Ready For The 'Great Deleveraging?' [View article]
    Anon4 - do you have a link that you can share with other readers? Thanks.
    Nov 27 02:08 PM | Likes Like |Link to Comment
  • Is Your Portfolio Ready For The 'Great Deleveraging?' [View article]
    css1971 - We believe that the "ink fairies" will definitely keep rates low for the foreseeable future. All the more reason to allocate some capital to low beta dividend stocks. As you know, there are ways to hedge downside risk if you think the situation is getting too hairy...
    Nov 27 02:04 PM | 5 Likes Like |Link to Comment
  • Is Your Portfolio Ready For The 'Great Deleveraging?' [View article]
    Flash9 - we definitely don't dispute the fact that general market risk remains high. However, these low beta stocks should hold up relatively well in a bear market and they will provide investors with stable yields...
    Nov 27 01:58 PM | 1 Like Like |Link to Comment
  • High Yield Market Is Setting Up For A Pullback - Remain Cautious On BDCs [View article]
    Hi richjoy403 - MAIN held up pretty well last week behind the news that it expanded its credit facility to $210MM from $155MM. We would keep a close eye on it though as higher leverage increases the downside risk...
    Nov 27 01:42 PM | Likes Like |Link to Comment
  • High Yield Market Is Setting Up For A Pullback - Remain Cautious On BDCs [View article]
    Hi northhills24 - The charts of HYG and JNK are almost identical. JNK is more actively traded, which is why we highlighted it in the article...
    Nov 27 01:37 PM | 1 Like Like |Link to Comment
  • Profiting From The Survival Of BAC [View article]
    We hear you Gatesh...but where are you going to find that kind of yield with over a 40% margin of safety?!? Seems like a good use of cash to us...
    Nov 27 01:32 PM | 2 Likes Like |Link to Comment
  • What The Cost Of Thanksgiving Dinner Says About Inflation [View article]
    On the other hand, housing expenses have dropped considerably, and the average American spends 2.5x as much on housing compared to food.

    How is the hedonic adjustment a worse approximation than focusing on a single category of consumer expenses?

    While volatile, we believe that food and energy are important components to the index. People eat and pay for energy costs daily. People buy houses a few times in their lives. Just because housing prices have dropped, mortgage levels have stayed the same...
    Nov 27 12:19 PM | 3 Likes Like |Link to Comment
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