The Inoculated Investor

Disparity in Bank Asset Valuations

I am also going to take exception to this baseless comment. I happen to have extensive experience in the regional banking sector and absolutely understand bank accounting. If I have made an error then please feel free to point it out. But to criticize the article without any examples or reasons says more about the credibility of the criticizer than it does about me.


On Aug 16 01:30 PM RonB wrote:

> It would be nice if people who wrote these articles understood bank
> accounting. This individual does not.

Disparity in Bank Asset Valuations

I'm going to take exception to that erroneous comment. Nowhere do I state that the government owns 100% of Citibank. However, I think it is very logical to argue that a 34% stake by the government provides a significant amount of control and input. I would appreciate it if readers would read the articles more carefully before posting inane negative comments.


On Aug 16 08:20 PM tommiegun wrote:

> After the writer of this story stated that the gov't owns 100% of
> Citi vs. 34% that it actually does, I felt the value of the article
> was useless. Such wide disparities in value lead me to believe that
> other stated values would be greatly over or under stated as well.

Why You Should Pay No Attention to Consensus Estimates

Thank you for pointing out the mistake. I obviously should have taken a little more care. As I said in the article I am not an expert on the semiconductor industry and the name error reflects that.

However, I would argue that the company is irrelevant in my analysis. It could have been GE or IBM. The point is that there is convincing data that illustrates that analysts' estimates historically are inaccurate and are a weak foundation from which to evaluate the merits or profitability of a company.


On Jul 17 08:08 AM nitpicker1 wrote:

> Dude.....
>
> FCS is Fairchild Semiconductor, not Fairfield.
>
> You kind of lose credibility when you can't even be bothered to look
> up the correct name of the company.

Is it Time to Start Worrying about the Australian Banks?

Marty,

Thanks for the complements about the article. I just finished my review of the individual Australian banks if you are interested. Here is the link: inoculatedinvestor.blo...

Let me know what you think,

The Inoculated Investor


On Jun 28 11:11 PM martyk45 wrote:

> Good article and you paint a very full picture of all the factors
> that will effect the Australian property market.
>
> I am personally biased to investing in property in Australia although
> more recently have switched to securing land and building rather
> than buying off the shelf.
>
> I am expecting the shortfall in available property to some what match
> out against the rising employment rate although as you write it could
> titer each way and no one really knows.
>
> I am English and lived in OZ for 13 years and currently living in
> the US for a few years now so I also think migration to Oz will play
> another factor because OZ still is one of the greatest places to
> live in the world and no wonder so many people want to emigrate there.
>
>
> This obviously means more demand for property but acknowledge this
> does also mean that jobs could become harder to get for local workforce...or
> does Australia seize on this and become a premium location to live
> and work in the world??...with high standard of living and in creased
> wages!!...and of course then increased inflation and much higher
> interested rates...once vicious and repeating circle maybe!
>
> Anyway great stuff and please send me any new info you write to marty@positivegearedpr...