Cal-Maine Foods: A Promising Company But With A Correction In Sight [View article]
Hmmm, fair value of $35 based on a P/E of 10? I always thought the standard P/E was between 15 and 16, so that seems lower than fair value to me. . . . I am far from expert, but have been investing a long time; bought CALM quite some time ago in low 30s, sold part at a small profit; may buy that back if it does drop.
Coke's North America Market Wants Healthy Alternatives [View article]
I still love Coke as a special-occasion drink, but I was never their prime customer. (Forget Pepsi or the New Coke disaster.) I am a big fan of Honest Tea, just bought one for lunch: are they KO-owned now? Great company! I buy very few single-serving beverages, too aware of the packaging issues. I also own a some REED and JSDA, as I am big fans of those products (bought on sale, generally, and not as everyday choices). I drink tap water, use water fountains, try to carry my fold-up water bottle, often taking it from the freezer half-full of ice to carry on a hot day, letting it melt and keep me supplied with cold water. I am certainly not the consumer-products-comp... friend as a customer; they will have to find ways to address the needs of folks like me, I think, as more and more people start to share my concerns, nutritional and environmental. I do believe that KO has the management in place to do that. BTW, it is hard for me to think of Arizona Iced Tea as healthy; lots of sugar, I think high-fructose corn syrup, too.
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
The difference was that they deliberately misled the "muggles" and bet against their own customer. Not sure how to put that in home-sale analogy, but if I come up with it, I will come back. I guess one way might be if you knew that there was a structural flaw in the basement that could be dangerous, but deliberately falsified the engineering report so that it showed that the building was sound. I doubt you did that.
Corning: A Wonderful Company But A Lousy Stock [View article]
Maybe they care more about their business than the investment market; could be a good thing for Corning itself. Speculators, not so much, but no big deal.
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
I don't think very many are fans of the Vampire Squid at this point; the more we learn, the worse it gets. They are so entrenched in our government, both directly and through allies, that they are hard to ignore. I understand why Mr. Buffett did the original deal, and it has been good for him and BRK, but I hope he gets out soon. He may not be quite as lily-pure as his image, but he is certainly far above GS in fair dealing.
AT&T And Verizon Break Up Bid For Vodafone? [View article]
Similar situation here, I have VOD and T, had and sold VZ a while back (which is when I bought T). Had been considering getting back into VZ. Well, time will tell! Sitting pat for now.
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Actually, Mr. Buffett was not the one who discussed applying the ham-sandwich rule to GS, that was the author. I think we all agree that it is an exception, whether or not we agree that it is a good one.
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
4th, political connections Nobody every said that Mr. Buffett is not one of the world's most knowledgeable and sophisticated investors. What is refreshing about him and BRK is his willingness to admit mistakes, the simplicity of the annual report on executive compensation, and his willingness to trust the managers of the companies he buys.
Corning: A Wonderful Company But A Lousy Stock [View article]
I suspect that that could be a problem; witness my mom’s reaction. Not that many have such long memories, but Mr. Market can certainly be subject to the herd mentality.
Cal-Maine Foods: A Promising Company But With A Correction In Sight [View article]
I am far from expert, but have been investing a long time; bought CALM quite some time ago in low 30s, sold part at a small profit; may buy that back if it does drop.
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Coke's North America Market Wants Healthy Alternatives [View article]
I am a big fan of Honest Tea, just bought one for lunch: are they KO-owned now? Great company!
I buy very few single-serving beverages, too aware of the packaging issues. I also own a some REED and JSDA, as I am big fans of those products (bought on sale, generally, and not as everyday choices).
I drink tap water, use water fountains, try to carry my fold-up water bottle, often taking it from the freezer half-full of ice to carry on a hot day, letting it melt and keep me supplied with cold water.
I am certainly not the consumer-products-comp... friend as a customer; they will have to find ways to address the needs of folks like me, I think, as more and more people start to share my concerns, nutritional and environmental. I do believe that KO has the management in place to do that.
BTW, it is hard for me to think of Arizona Iced Tea as healthy; lots of sugar, I think high-fructose corn syrup, too.
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
I guess one way might be if you knew that there was a structural flaw in the basement that could be dangerous, but deliberately falsified the engineering report so that it showed that the building was sound.
I doubt you did that.
Corning: A Wonderful Company But A Lousy Stock [View article]
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
AT&T And Verizon Break Up Bid For Vodafone? [View article]
Never mind.
AT&T And Verizon Break Up Bid For Vodafone? [View article]
(Got it, though, after a startle.)
AT&T And Verizon Break Up Bid For Vodafone? [View article]
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Warren Buffett Violates His 'Ham Sandwich' Principle With Goldman Deal [View article]
Nobody every said that Mr. Buffett is not one of the world's most knowledgeable and sophisticated investors. What is refreshing about him and BRK is his willingness to admit mistakes, the simplicity of the annual report on executive compensation, and his willingness to trust the managers of the companies he buys.
Corning: A Wonderful Company But A Lousy Stock [View article]