Seeking Alpha
View as an RSS Feed

Rufus D  

View Rufus D's Comments BY TICKER:
Latest  |  Highest rated
  • Lending Club: The Marriage Of Technology And Financing Offers The Opportunity For A Significant Return [View article]
    Hello Hunter, this is an excellent analysis of Lending Club, thanks for posting. You are 100% correct that the proprietary credit rating system is the core value of the company. For the first several years, they struggled with analyzing the big data and making the grading system consistent, but once they were able to do that, everything took off like a rocket. That is why even the banks now want to use LC to find, rate, approve, and service loans. Amazing! This company represents one of the biggest disruption trends in the financial technology space, and they are well positioned to continue as a big winner.
    Jan 18, 2015. 05:58 PM | 4 Likes Like |Link to Comment
  • The Death Of Banking: A LendingClub Story [View article]
    Good post. I agree, buy the loans, not the stock. Also Lending Club will still not be able to operate in multiple states where banking regulations restrict them. Nothing to do with going public.
    Dec 16, 2014. 01:56 PM | Likes Like |Link to Comment
  • LendingClub Goes Public: Why It Matters For Investors [View article]
    Several people have responded that they got in at $15 because of the special Direct stock purchase program that Lending Club offered to lending account holders on Lending Club. That pretty much is the definition of an insider: you got a special deal that no retail investor could get, because you were an early investor in the company with your lending dollars. Keep in mind that Lending Club is not allowed to operate in many states depending on banking regulations, so retail investors in those states had no chance to participate in the insider trading deal that others got. So to those few who got the stock directly at the pre-market price of $15, I say congratulations, welcome to the pump and dump team.
    Dec 13, 2014. 11:34 AM | Likes Like |Link to Comment
  • LendingClub Goes Public: Why It Matters For Investors [View article]
    Good post. Lending Club is losing money, so it falls under the category of a long list of IPOs lately that are being sold on hype to allow the original investors to bail out at the expense of the retail investors in the public markets. The stock exchanges have become a pump and dump scheme for the inside players to get their money out, and it is working like a champ for them. The IPO price was $15, which was a bribe to all the insider brokerages to go out and pump up the price to retail. The stock opened above $22 and never looked back. Nobody on seeking alpha got a $15 share of Lending Club. The pump and dump hype will continue until all the insiders have exited, and those who come in now will be left holding the (empty) bag. Instead of buying their stock, take some of that money and buy a diversified list of 10 or more loans on Lending Club with various risk ratings. This will reduce your risk while giving good returns.
    Dec 12, 2014. 08:06 AM | Likes Like |Link to Comment
  • What's Wrong With Google? [View article]
    Well said bostonprof, every point you make is right on the money.
    Dec 5, 2014. 10:43 AM | Likes Like |Link to Comment
  • What's Wrong With Google? [View article]
    Google is barely hanging on. They are a one-trick pony, and their terrible management team is catching up to them. Google has consistently devalued software by giving away free versions of valuable software to hurt competitors, and milking their ad-click cash cow to do it. Now that Facebook and many other competitors have figured out better ways to service that advertising market in a mobile world, Google will pay the price. They have no plan B.
    Dec 4, 2014. 02:07 PM | 1 Like Like |Link to Comment
  • Portfolio For December [View article]
    After testing on ETF replay yesterday, I found that a 50/50 portfolio of VTI and LQD performs very well across all time periods even without rebalancing since 2008. It outperforms the S&P500 for several of the backtested years, with as expected about half the volatility. We get an even better result if VTI is replaced with VHT. This might make a nice benchmark for comparison to your strategies.
    Dec 2, 2014. 12:10 PM | Likes Like |Link to Comment
  • Rebalancing Of Fixed Asset Allocation Portfolios: How Often? [View article]
    Excellent post, thanks. Please post more on adaptive momentum strategies when you have time.
    Nov 27, 2014. 02:33 PM | 1 Like Like |Link to Comment
  • Intel: My Take On The Intel Investor Meeting [View article]
    Thanks for the excellent summary and commentary.
    Nov 25, 2014. 01:52 PM | Likes Like |Link to Comment
  • VTI Is Still A Buy In 2015 [View article]
    Good post. I agree VTI is the best core holding for any ETF strategy.
    Nov 20, 2014. 11:35 AM | 2 Likes Like |Link to Comment
  • Creating The Perfect Bond ETF Portfolio [View article]
    Thanks for the post. It would be interesting to add a high quality corporate bond fund like LQD to your analysis.
    Nov 9, 2014. 07:32 PM | Likes Like |Link to Comment
  • Hey Google, Thanks For Nothing [View article]
    Google is a one-trick pony. Search ad clicks are stumbling and being replaced by competitors using social media marketing. Google has used this cash cow for years to illegally manipulate the software business by giving away free versions of valuable software, while at the same time playing around with whacky ideas like some nutty professor movie. Google has no backup plan. The final nail in their coffin: Microsoft can start offering free ads on Bing. They don't need ad revenue to grow, Google is dead without it. Hey, if all software should be free and open source, why not all advertising too?
    Oct 20, 2014. 12:12 PM | Likes Like |Link to Comment
  • The Best Core Equity Holding For Your ETF Portfolio [View article]
    Good post and charts, thanks. I wonder if you would like to do a similar comparison for the core bond funds? BND, TLT, a couple more you like?
    Oct 9, 2014. 03:13 PM | 1 Like Like |Link to Comment
  • Apple's Next Billion-Dollar Business [View article]
    Wouldn't Apple prefer to get $99 a year from every iTunes account? And toss in some goodies like live concert streaming and daily app specials? iPrime anyone?
    Sep 24, 2014. 02:37 PM | 1 Like Like |Link to Comment
  • How Microsoft Is Out-Gaining Google And Could Soon Outgrow It [View article]
    Microsoft can make this even more interesting with one simple move: free ads on Bing. Microsoft does not need ad revenue to grow, but Google has nothing but ad revenue to survive on. In mobile and notebooks, Google decided that operating systems should be free by using its ad revenue cash cow to subsidize all of its Android and Chrome development. And Google has repeated this hardcore monopolistic tactic with google docs and many other products. They think software should be free, but access to information about consumers should cost money. And they are not only willing to profit from collecting data about you and selling it, they are also willing to give it all the NSA. It's time for Microsoft to fight back. Software developed by thousands of smart software engineers does have value, and that business model is better for all of us. Free ads on Bing would be a good step in getting Google under control.
    Jun 5, 2014. 01:07 PM | 9 Likes Like |Link to Comment