Rajiv Tarigopula

Long/short equity, deep value, special situations, event-driven
Rajiv Tarigopula
Long/short equity, deep value, special situations, event-driven
Contributor since: 2012
Thanks!
Hi poclerk,
When my disclosure states that I have no plans to initiate any positions within the next 72 hours, that's in the context of everything written about or mentioned in that specific article - in other words, "in any [securities] mentioned." I do initiate/close positions in other securities that aren't mentioned in that piece, which is why my trading frequency is listed as "daily."
I try to be as forthright as possible in my disclosures and will even go beyond the required disclosure if I feel disclosing more information will add value to a piece.
Thanks!
Excellent piece - looking forward to reading more into the future!
In my experience, risk-seeking has been used in investment-related / financial writing with the idea of tolerating a higher degree of volatility to achieve potentially higher returns implicit. Thanks for your perspective, though - it's worth knowing that this should be made clearer to readers.
"Definition of 'Risk Seeking'
The search for greater volatility and uncertainty in investments in exchange for anticipated higher returns. Risk seekers might pursue investments such as small-cap stocks and international stocks, preferring growth investments over value investments.That being said, risk-seeking investors should conduct even greater due diligence when considering a riskier investment, due to the increased implied risk of such investments.
Read more: http://bit.ly/LZbMqR"
"The longest outstanding Strip is the U.S. Treasury 0% Coupon, Maturing February 15, 2042 (CUSIP 912803DV2) which has a duration of 29.6 Years."
Isn't the longest outstanding Strip the one with maturity May 15, 2042 (CUSIP 912803DX8)?
Thanks for the correction - the sentence has been revised. My mistake.
No problem - thanks for adding some value here with your due diligence; I should have included that paragraph in the original article.
Update: http://buswk.co/Kw9rxK
BBY up 1.2% today (10 minutes after market open)
Costs incurred from the store closings will certainly be a short-term expense (http://exm.nr/MB6WhS), but in the long term this is a great strategic move on the part of management. If you look at the list of stores being closed, most are in locations with several Best Buy stores in the area: http://cbsn.ws/MB6WhW;contentBody. This will presumably lead to must higher revenue-per-square-foot numbers and higher same-store sales growth in future months.
Moreover, the fact that management recognizes that this isn't simply a short-term fix is an important one to take into account. The fact that expense synergies will be reaped from the store closings well into future years is only greater support for the bull case on BBY. No need to "buy at the bottom" - BBY shares are likely only going up after this market uncertainty is resolved.
Joint private equity ventures have taken place in the past for companies with market capitalizations in the double-digit billions, so it's not out of the question. Still, I do think it is unlikely - which is why I offer many other points of analysis in support of the bullish case.
As far as China goes, growth may be slowing, but it's still much more promising than limiting business prospects to North America. Best Buy's expansion there will significantly diversify revenue streams. See: http://bit.ly/MB6gsU
FB at below $34 now. Would you buy at these below-IPO levels then?
I wonder how much of FB's lack of upward movement can be attributed to general caution on the part on investors regarding the European situation. This was the worst week of the year for U.S. equities...next week will certainly be interesting.
Certainly not; as mentioned, I intend to hold on to shares at least through July 2012, which is when earnings are next released.