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Republic Services (RSG), the country's No. 2 waste hauler, counts Bill Gates and Warren Buffett...

Republic Services (RSG), the country's No. 2 waste hauler, counts Bill Gates and Warren Buffett among its shareholders, and it's not hard to see why the two billionaires are so bullish on the stock, says Barron's. Republic boasts impressive pricing power, expanding margins, and an attractive share price with room for 15% upside in the next year.
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Comments (12)
  • Stone Fox Capital
    , contributor
    Comments (7335) | Send Message
     
    wow! 15% in this market is nothing. I'd rather own cash.
    25 Jul 2010, 12:34 PM Reply Like
  • apberusdisvet
    , contributor
    Comments (2974) | Send Message
     
    This might be a good pick since it is rumored that Republic's key competitor, Waste Management is fighting unionization in SoFla, one of the areas where it has monopoly control in many area cities. Republic would be handed a distinct competitive advantage.
    25 Jul 2010, 12:56 PM Reply Like
  • Leila and Ella
    , contributor
    Comments (119) | Send Message
     
    Unions are America's greatest threat for continued prosperity. Unions were needed in the era where big businesses held the clear advantage in the relationship between employers and employees. Nowadays, employees have the weight of employment law and the government behind them, unions are no longer needed. If you want to see an unprofitable venture, just look at one that has a union. Look at the entitlement programs that the unions have been able to coerced from employers all over the U.S. It's a joke and we're all paying for it.
    25 Jul 2010, 01:40 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9964) | Send Message
     
    Sounds like a great plan. Let's adopt the $0.50/hour wage rates in Vietnam or the $1-2/hour rates in China and India. Only one cavaet, let's start with your own wage rates first and maybe others will agree to follow your lead. Leadership is defined by those willing to begin that which they propose for others, so please let us know when you have implemented your own suggestions for yourself personally.

     

    BTW, we will be happy to make mega-millions starting up businesses in the US, if you can gauarantee us a large labor force at the aforementioned labor rates. Please advise, and we will be happy to hire you as well at $0.50 or $1/hour.
    25 Jul 2010, 02:29 PM Reply Like
  • Leila and Ella
    , contributor
    Comments (119) | Send Message
     
    competition will define wage rate. why should I take a job of $0.50/hr when there is someone else is willing to pay me $120/hr which is what I'm earning now. On the other hand, why should I pay you $20/hr when you're only worth $5/hr? Even more importantly, why should you continue to earn $20/hr when you retire while I have to go out and pay another overpaid union member $20/hr. So, my cost is now $40/hr for the same job? that makes a lot of sense.

     

    Vietnam's workforce can only get $1/hr because, currently, that is all they are worth. I don't see GM, et al. helped out any by the union.

     

    In the U.S. specifically, it is the ones who can't compete that need the union. EVEN, after there is already a minimum wage scale and all the other governmental programs for the needy.

     

    Get a clue. Competition is what makes America great -- that and a touch of socialism to help the rest of you keep up with the pack -- but when the balance of socialism tips the scale to stiffle competition and market forces, that is a problem.
    25 Jul 2010, 03:21 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9964) | Send Message
     
    Talk about get a clue, you wouldn't know a fact if the heavens wrote it on stone tablets and delivered it to you by angels in a private jet.

     

    Simple quick web searches show the following:
    Union participation rates in the US:
    1945 - about 33% of the workforce
    1979 - about 24% of the workforce
    1998 - about 14% of the workforce
    2007 - about 12% of the workforce

     

    But then your a statistical and quantative genius that can prove that 12% of the workforce who is unionized determines the wage rates for the other 88% who are not.

     

    If your making $120/hour then we can find about 100,000+ Americans who can do your job for a small fraction of that cost and make the US economy at lot more productive and efficient in the process. Probably quite a few of them even union employees.

     

    Your comments are nothing but a personal rant based on absolutely nothing of substance or of a factual nature and certainly nothing that you could back up with any type of research or valid study.
    25 Jul 2010, 07:43 PM Reply Like
  • nyuszika45
    , contributor
    Comments (633) | Send Message
     
    Do us a favour and show us why government has become soooo expensive, eh?

     

    Graph the percentage of government workers in unions. From what I've seen, there is the scary stat.

     

    When they couldn't compete in the real world, the unions went for the soft underbelly: politicians and bureaucrats who wanted to grow their budget; sharing the statist scenario with others who like to suck off the public trough.
    25 Jul 2010, 09:16 PM Reply Like
  • gretel
    , contributor
    Comments (305) | Send Message
     
    UNTRUSTING INVESTOR , how much proof to you need to see how UNIONS today destroy Companys ? READ THE POST FROM lEILA and ELLA then you have all the FACTS ! I was for years in the Finance Business and when a Union Worker was looking for Credit then we all knew that he or she has most likely BAD CREDIT and is FAT too !
    25 Jul 2010, 05:33 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9964) | Send Message
     
    gretel,
    See the above facts. Your post is so clueless that it would be almost impossible for you to have ever worked in finance. As a retired finace executive who managed thousands of employees, based on your writing skills and content you would never even get past the wastepaper basket in any of hundreds of large organizations we worked with nor our own company.
    25 Jul 2010, 07:50 PM Reply Like
  • Leila and Ella
    , contributor
    Comments (119) | Send Message
     
    hahaha take a deep breath everyone. What's that saying: "There are damn liars and there are statisticians." Anyone can pull out any number to support their views, why else would the be bears and bulls in the same market? But we're all here to help each other make money and at the end of the day, like Benjamin Graham taught us and Warren Buffett reminded us, it's all about the earnings and if you want a company that maximizes profits, avoid the ones that are burdened by unions.

     

    If you think unions are better for companies, and the economy, then put your money where your mouth is and invest in those companies. I would rather not because they are blood suckers.

     

    Just from an academic position, unions are more of a fit for early developing economy, like Vietnam, where employers have all the negotiating powers and support of the government and there are no employment laws. Later developing economy like the U.S. do not gain the same benefits from unions because employers do not hold all the cards. I'm sure there is a economic professor around here to back me up on this point or if there isn't one I'm sure there is a police officer out there who is in a union who will confirm that he will be earning 95% of his pay when he retires and be getting another job so that he'll be drawing two incomes. Does that sound right to anyone out there?

     

    Bottom line union supporters, put your money where your mouth is and invest in union companies.
    25 Jul 2010, 11:19 PM Reply Like
  • gretel
    , contributor
    Comments (305) | Send Message
     
    UNTRUSTING INVESTOR , you are right my English is not great but my knowledge of Business and the World is " VAST "!
    I understand Facts are hard for you to aknowledge , so again I ask you do read one more or few more times the post from Leila and Ella, maybe there is a little open mind left in you . If you ever come to Singapore , please send me a not so I can show you how a GREAT and BALANCED SOCIETY works . Many Union Workers are "MOOCHES" and this is why they are Fat !
    Have a nice day , see you in Singapore .
    25 Jul 2010, 11:30 PM Reply Like
  • Leila and Ella
    , contributor
    Comments (119) | Send Message
     
    btw, both RSG and WM are good buys and would be one of those buy-and-hold stocks. Makes sense, a growing population = more waste. Both are on my watchlist and I'll probably get in on them when the next recession comes around and they go on sale. I'm still directing my funds towards the companies that took a hit on this last recession.
    25 Jul 2010, 11:47 PM Reply Like
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