Most Of Our Problem, Still, Is That We Have A Dead Battery: Felix Salmon Is Wrong Edition [View article]
We do NOT need trade wars. What we do need is more liberalized free trade agreements to get the economy going. Manufacturing is just not a reality in the US since the minimum wage makes costs too high.
How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
It endlessly amazes me how people of your ideology invent conspiracy theories. Support for free trade among economists is mainstream... as mainstream as evolution is to biologists. There is no revision, because there simply is no doubt among the profession that integrating global markets lifts standard of living and that introducing tariffs and quotas decreases it.
Chesapeake Energy Is More Undervalued Than Enterprise, Kinder Morgan [View article]
Thanks! Finally a statement about Aubrey that I agree with! Listen, I have worked in the activist investing space and so I understand when individuals like Icahn target management for compensation matters. Not surprisingly, however, corporate governance campaigns are less accretive to value than, say, strategic ones that offer M&A options. The same complaint was made against OXY's CEO who created billions upon billions for shareholders.
Retail Sales And Supply-Side Economics [View article]
Your reference to "moral corrupt[ion]" immediately makes your bias suspect. And why don't European countries produce as strong of economic growth?... might it have something to do with not following supply-side policy?
Microsoft To Unlock Synergistic Value Through Cloud Integration [View article]
Yes, good argument. I want to make a point that MSFT is trying to unlock its "potential", not that it hasn't already unlocked some revenue and cost synergies. I feel that the cloud applications will deliver even more synergies and that is something Apple will struggle to do.
Activist Jaguar Pounces On Research In Motion [View article]
I recall a comment from someone on SA earlier about RIM, arguing that it was the most "obvious short". I am not so sure about that and would not take that position. I think that it has some solid value behind its patents.
Pershing Gold, Nearing Production And Huge Exploration Upside [View article]
PGLC looks like a good investment with Frost behind it. But I think it's also good to create your a portfolio of small-cap stocks. SUSA.OB is one gold miner that I believe complements PGLC for exposure to Alabama: http://seekingalpha.co...
Why Bulls Fear Exelon: Utilities Could Lose 50% Of Value [View article]
I agree with what you have written. That's why I attempt to triangulate the result with additional measures: PE projection, DCF, fundamentals. If they all point up, the market is going to catch on at some point. There are other valuation methods you can think of, but I like the sensitivity analyses inherent in DCF models. Note that some companies are more vulnerable to marginal changes in WACC than others--in future articles, I will add in standard deviation measures.
Why Google, Microsoft Will Kill Facebook [View article]
If my memory is correct, Myspace was the previous incumbent. Everyone acts like Facebook was the first mover, but in reality...
People keep talking about how no one wants to move off of the dominant social media. Again, to be valued at where it is now, Facebook will have to realize something like a Google and a half. Can its website really remain popular for that long? Things like social media, especially when it is all on one site, are very ephemeral. G+ has almost every reason to be adopted, and Facebook is one reason I plan on betting big on GOOG. If Android is any indication, Google's execution has been highly undervalued.
Why Google, Microsoft Will Kill Facebook [View article]
Very interesting comment. G+ has become popular amongst artists, and I really do feel like it is just a matter of time before it spoils the fun for Facebook. In terms of revenue, I also do not see FB as a long-term threat. The product exists by itself whereas Google has so many resources at its disposal--YouTube, Android, Search.
Most Of Our Problem, Still, Is That We Have A Dead Battery: Felix Salmon Is Wrong Edition [View article]
How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
Struck Natural Gas, Or Chesapeake's Immeasurable Upside [View article]
Chesapeake Energy Is More Undervalued Than Enterprise, Kinder Morgan [View article]
Retail Sales And Supply-Side Economics [View article]
Farewells To Steve Jobs [View article]
Microsoft To Unlock Synergistic Value Through Cloud Integration [View article]
Activist Jaguar Pounces On Research In Motion [View article]
Pershing Gold, Nearing Production And Huge Exploration Upside [View article]
Sirius Bears In For A Reality Check, Stock Could Double [View article]
Why Bulls Fear Exelon: Utilities Could Lose 50% Of Value [View article]
Why McDonald's Double-Digit Upside Dwarfs Peers [View article]
Why Google, Microsoft Will Kill Facebook [View article]
People keep talking about how no one wants to move off of the dominant social media. Again, to be valued at where it is now, Facebook will have to realize something like a Google and a half. Can its website really remain popular for that long? Things like social media, especially when it is all on one site, are very ephemeral. G+ has almost every reason to be adopted, and Facebook is one reason I plan on betting big on GOOG. If Android is any indication, Google's execution has been highly undervalued.
Why Google, Microsoft Will Kill Facebook [View article]
How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]