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  • Wal-Mart: What A 'Double' Investment Looks Like [View article]
    Yes, while the current P/E is in the mid 14s, the BRK holding of 56 million shares earns $284,480,000 which results in a P/E for the BRK funds of 9.992. Point is that holding for the long term is beneficial in this instance.
    Buffett held 40% of his WMT through the 2008 downturn and right on through, adding to the holdings as prudence suggested.
    With a current P/E of under 15, the price is not too high. There are several relative bargains in the equities, and this is one of them.
    Jun 24, 2013. 05:33 PM | Likes Like |Link to Comment
  • Coke has been named the most effective brand in the world by Effie Worldwide in recognition of the effective advertising by Coca-Cola (KO). The award flies in the face of the efforts by NYC Mayor Michael Bloomberg to raise awareness of the link of the company's products to obesity. [View news story]
    The award is for effective branding, not health awareness. I see no conflict. In fact, Bloomberg's efforts will likely inure to the value of the Coke brand.
    Jun 24, 2013. 12:09 PM | Likes Like |Link to Comment
  • 77 Years Of Being Wrong Just Isn't Enough [View article]
    What our government thinks now is that it isn't optimal to bind a future generation, but hey - it is not my fault.
    Jun 18, 2013. 06:11 PM | Likes Like |Link to Comment
  • 77 Years Of Being Wrong Just Isn't Enough [View article]
    There are 10,000 baby boomers turning 65 every day and that will continue for the next 20 years (which would be approx. 300,000 per month). There are not 300,000 new jobs being created. And the multiplier effect of money paid to government is zero. Couple that with the number of capable persons exiting from the workforce.
    The Ponzi comparison is accurate.
    Jun 18, 2013. 12:35 PM | Likes Like |Link to Comment
  • 77 Years Of Being Wrong Just Isn't Enough [View article]
    Your math is simply in error genomegk. We pay about 2% on our debt of $17Trillion. While the annual interest at $400 B is not insignificant, it is a fraction of what we pay out in SS and Medicare.
    Jun 18, 2013. 12:27 PM | Likes Like |Link to Comment
  • Following the Bubble: Today's QE-conomy (Ver 3.0) [View article]
    The book "Animal Spirits" by Akbrlof Shiller argues that the market has a "mind" of its own and acts contrary to reason. But the market always regresses to a mean. The mean performance within the market changes slowly over time and now is around 5% to 6% where in the decades past the mean was closer to 9%.
    Jun 18, 2013. 12:21 PM | Likes Like |Link to Comment
  • Failed Projections Or Just Another Government Lie? You Judge! [View article]
    You make some unrealistic assumptions Freddy. First you assume that interest rates will remain near zero. Then you assume that growth will continue. Your assumption that we can borrow our way to prosperity or at least continuation is also troubling.
    Jun 18, 2013. 12:17 PM | Likes Like |Link to Comment
  • Should Investors Still Love McDonald's? [View article]
    Comparing MCD and DRI and YUM and WEN and BKW and CMG I'd still say that MCD looks good. The PE is not the only metric. Also look at PEG, ROA, revenue growth, and debt loads. MCD looks still a better bet.
    I'm not much of a market timer. I've invested in MCD for many years - from the mid $20s on up. MCD is America's company.
    Jun 18, 2013. 11:40 AM | Likes Like |Link to Comment
  • Wal-Mart Offers Low Prices Every Day (Does Not Apply To Our Stock) [View article]
    Great comment Sisyphus7. I hold a significant part of my long term portfolio in WMT and feel comfortable with it. I have a lot of hard working and smart people trying to operate a large and profitable business and their efforts benefit me. I want dividend growth and stability in my investing. WMT will deliver that for the long haul.
    I enjoyed the article but there was quite a few red herrings swimming through it.
    Jun 13, 2013. 02:41 PM | Likes Like |Link to Comment
  • A Few Reasons Why You Should Pay Attention To Johnson & Johnson [View article]
    Trefis, JNJ stock has not grown. The share price has increased like many in the market. The stock price has increased due to the robust health care sector and as a result of many attributes of JNJ, many of which you explain wonderfully. Saying that the stock has grown has many different interpretations. Thanks for your article.
    Jun 6, 2013. 01:30 PM | Likes Like |Link to Comment
  • McDonald's Vs. Yum Brands: A Play On Emerging Markets [View article]
    The blind men and the elephant story comes to mind. If you only look at the sector in which MCD and YUM reside, then of course there may appear to be bargains at the two indicated. But money is like water in the bath tub. There are generally no high points or low points. Water flows to the lowest - naturally. Pricing of stock will do the same. Why would someone buy MCD at 19 or YUM at 21 when there are numerous other companies - good companies - with yields of 15 and less. Even a great company can be overpriced. and that some other companies, Burger King, for example, may be even higher, doesn't a good purchase make for MCD or YUM.
    If the assignment was to find the best two companies in the food sector - good work. If the assignment is to give good investment advice, I'm not sure that paying higher than needed prices in the name of diversification alone justifies it.
    Apr 9, 2013. 11:17 AM | Likes Like |Link to Comment
  • The Forensic Accounting ETF (FLAG) drops Nike (NKE) and Wal-Mart (WMT) from its portfolio, giving each "F" rankings based on its forensic accounting model. Other "F's" include SNI, XLNX, MOS, and TIF. Those garnering an "A" include CHK, HES, EA and AKAM. Since its Feb. 1 inception, the ETF has matched the S&P's performance. [View news story]
    And that's what makes a market.
    When FLAG dropped WMT, someone else added them.
    To every transaction, there are two sides.
    I like WMT. And I don't know what FLAG's criteria were.
    Apr 3, 2013. 05:38 PM | Likes Like |Link to Comment
  • A Time Bomb In The Canadian Financials [View article]
    I live in a paid for home that is worth roughly what my annual salary is. I like the conservative approach. I can weather the storms. The bigger house is nice to look at but by the time that utilities, taxes, maintenance, and did I mention taxes? are considered, I prefer the simpler life with a bit of comfort when economic turmoil engulfs the world.
    Apr 3, 2013. 11:36 AM | 6 Likes Like |Link to Comment
  • ROE Model: Buy Coke / Short Pepsi [View article]
    Peter, you start your premise as if there were only two companies and you have to apply your construct some way with them. Both KO and PEP are good companies - maybe great companies. BUT there are many good and great companies. At 20X earnings probably the best choice would be to buy neither an find some company that earns more profit for your invested dollars.
    Mar 29, 2013. 08:10 PM | Likes Like |Link to Comment
  • AT&T: Where It Is And Where It's Going [View article]
    My compliments. I get nervous when I see trend lines and graphs in what is purported to be analysis. But you did a good job on the analysis. I've always had a soft spot for T but have been concerned with the P/E ttm at 40+. That it has a forward of <14 is very encouraging. thanks for the article. You also provided analysis on the current offerings and future trends in services and the answer to VOIP from T's perspective.
    Mar 12, 2013. 11:08 AM | 1 Like Like |Link to Comment