Ed Porter

Ed Porter
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  • Amazon Travel: A Unique Disruptive Force In The Online Travel Space  [View article]
    Perhaps AMZN will get into e-commerce soon too?

    Offer a wide range of goods for consumers to purchase, and then deliver to them?
    Nov 27, 2014. 05:32 PM | Likes Like |Link to Comment
  • Why Amazon Travel Has Little Chance Of Disrupting OTAs: Lessons From Google  [View article]
    TWO questions in a single post to Gary!?
    Nov 26, 2014. 08:03 PM | Likes Like |Link to Comment
  • Denbury Resources Inc. Sharply Alters Course  [View article]
    Sorry if it's a question I should know the answer to, but with 'TeachEnglish' as a title, and posts such as this I am guessing that educating people about the English language and grammar is a passion of yours - so, with all that in mind could you please let me know...

    ... what is "teying"?
    Nov 26, 2014. 08:00 PM | Likes Like |Link to Comment
  • Amazon Declares War On VMware  [View article]
    Hahaha, nice catch.

    You'll be telling me he's bought an ailing newspaper next...
    Nov 25, 2014. 09:46 PM | Likes Like |Link to Comment
  • Denbury Resources Inc. Sharply Alters Course  [View article]
    Damn, never realised :-(
    Nov 25, 2014. 09:45 PM | Likes Like |Link to Comment
  • Why Amazon Travel Has Little Chance Of Disrupting OTAs: Lessons From Google  [View article]
    I am sure you have done really well Gary, and converting 'paper profit' into tangible assets is a great job!

    All I am saying is that 'being long' is not the only strategy that can ever make money in AMZN.

    A look at a one year chart will make it abundantly clear there has been one big opportunity, and many smaller opportunities, to have "done very well" on the short-side over the past year or so.

    Why wasn't I short AMZN prior to that time? By far the biggest reason would be that I didn't see anything 'wrong' with the company.

    So why 'change my mind' and be short AMZN now? By far the biggest reason would be that I see lots of evidence that things are going 'wrong' with the company.

    If it turns out that Bezos vision comes to fruition and I need to cover my short at a loss, then I'll do that. I'm not short 'for the sake of it' and I'm not short "regardless of anything and I'll stay short forever".

    No, I'm short because my honest assessment is that AMZN stock is overvalued, and potentially overvalued by a lot, and each time I see a press release saying "oh we are getting in to such and such a business now" that view only intensifies.

    So what am I supposed to do? Nothing?
    Nov 25, 2014. 04:36 PM | 1 Like Like |Link to Comment
  • Black Friday: Retailers above and below the sector discounting average  [View news story]
    All helps to portray "low inflation" too.

    But what is 'low inflation' if its not at all sustainable because at the end of it all the retailers have cut each other's throat, many go out of business, and the survivors start merrily putting up pricing once more.

    Yes, the CPI data, for mine, completely fails to take into account the difference between 'genuine prices' and 'artificial prices'.
    Nov 25, 2014. 03:01 PM | Likes Like |Link to Comment
  • Why Amazon Travel Has Little Chance Of Disrupting OTAs: Lessons From Google  [View article]
    Yet again Gary appears to fall into the trap of believing that anyone who has anything negative to say about AMZN is:

    a) short the stock
    b) has probably been so for a very long time and has taken a bath.

    I have been short on and off over the past 18 months and have done very well out of it so am far from "bitter".

    Disclosure: Re-shorted in the past few days. So, SHORT!
    Nov 25, 2014. 02:46 PM | Likes Like |Link to Comment
  • Why Amazon Travel Has Little Chance Of Disrupting OTAs: Lessons From Google  [View article]
    yet again Gary falls into the trap of believing that anyone who has anything negative (I call it 'constructive') to say about AMZN:

    a) is short
    b) has probably been short since the stock was, oh I dunno, $10 or $100 or something like that.

    Disclosure: Very recently re-shorted.
    Nov 25, 2014. 02:28 PM | Likes Like |Link to Comment
  • Amazon Travel: A Unique Disruptive Force In The Online Travel Space  [View article]
    Booking hotels on-line?

    Wow, I'd never even thought about that.

    Yeah, I guess it could work.

    Hope AMZN get there before anyone else thinks of it.
    Nov 25, 2014. 02:14 PM | 5 Likes Like |Link to Comment
  • Intel: Reported Mobile Losses (Economically) Overstated By $1.2 - $1.5 Billion  [View article]
    I was pretty amazed some of the stuff I was reading in IBM's most recent investor presentation.

    Basically they want to get involved in "mobile" and "the cloud".

    Wow - they are on to it on a nice and timely basis there. Do they realise The Beatles have split up too?
    Nov 24, 2014. 07:28 PM | 2 Likes Like |Link to Comment
  • Seagate refinancing $300M worth of debt  [View news story]
    So de rigeur for companies these days. I don't know how they keep a straight face.

    We suffered this 'one off expense' in the current period (so we'll be sure to show it as a one-off).

    And improved our future earnings by exactly the same amount (or less) but it will just show up as regular earnings (and we'll be sure to downplay any improvement due to the previous one-off).

    And I expect our investment bankers will do nicely out of it along the way too.

    Clever aren't we? Along with so many other companies too...
    Nov 24, 2014. 04:18 PM | Likes Like |Link to Comment
  • Intel: Reported Mobile Losses (Economically) Overstated By $1.2 - $1.5 Billion  [View article]
    I suspect the main 'problem' many have with Intel and 'mobile' is thinking far too much in terms of smartphones and tablets.

    Expand it out - a lot. Think anything small (and therefore highly portable) which has processing capability and/or the ability to talk to other things which may be either small or not small at all.

    Which sounds an awful lot an 'internet of things'. But that's the apparent line - between "mobile" and "IoT" - which exists in many peoples minds at the moment but will become completely blurred in the very near future.

    Yes, a smartphone may in many ways end up being 'the controller' - perhaps you want to manually over-ride some aspect of your home's irrigation system while you are away for a three week summer holiday but you know its been raining cats and dogs at home - but 'the controller' is only one part of a a much much bigger 'set-up'.

    And 'the controller' is not a phone which can 'control lots of other stuff' - no, its thing which controls lots of other stuff and you can make phone calls on it too. (Sound a bit like iPhone 1 coming out... !?)

    So yes, for my two cents worth - lets think carefully about what OUR gut reaction is to what 'mobile' means - and then make sure it is the same or nearly the same as what Intel thinks it means.

    I suspect for the vast majority of people, they are quite different things.
    Nov 24, 2014. 03:22 PM | 3 Likes Like |Link to Comment
  • The Long Case For IPG Photonics  [View article]
    Thanks for a fantastic presentation on a stock I have held for a long time and buy any time it has a decent dip - which is surprisingly regularly.

    One request though - I think it would be 'helpful' at worst, and 'obligatory' at best to ensure the current stock price data is correct in your publication.

    Using $66.86 compared to an actual current price of $72-ish immediately skews the risk/reward numbers you have presented to a reasonably material extent.

    In fact the current price given is roughly a month out-of-date :-)

    But yes, very nicely presented piece on what is undoubtedly one of the very highest quality companies - in every aspect of what they do. Trying to find companies who genuinely tick as many boxes as IPGP is a difficult proposition!

    Cheers
    Ed
    Nov 24, 2014. 03:11 PM | Likes Like |Link to Comment
  • Amazon Declares War On VMware  [View article]
    http://bit.ly/1xuv8sN
    Nov 20, 2014. 04:12 PM | Likes Like |Link to Comment
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