Capital Preserve's Comments Capital Preserve's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/118620/comments Cash for Clunkers May Cost Up to $45,354 Per Vehicle http://seekingalpha.com/article/152909/comments?source=feed#comment-617613 617613
despairamerica.blogspo...

The gasoline consumption savings argument does not hold water.. The "potential savings" from the $1.0 billion C4C spend is MAYBE 54/1000 of one percent.

On Aug 04 11:08 PM omnimoeish wrote:

> Low mileage means exactly what it says, they don't have a lot of
> miles on them. I would guess 80% of those 200,000 cars in a normal
> month are trading in 3 -5 year old that are worth more than $4,000.
>
>
> With the cash for clunkers, most people are offing their old junker
> that's not worth its weigh in manure for a new car. We will know
> pretty soon how many cars are actually bought/traded in directly
> because of the cash for clunkers program, and I dare say it will
> be more than 22,000.
>
> What's cool about it is that for a lot of people trading in their
> car, it's saving 50% of the gas they would've been driving (or someone
> else who would've bought the vehicle from them). Even if the program
> saves 1% of the 400 million gallons of gas burned in the US every
> day, it will save the country 4 million gallons or approximately
> $10-12 million a day (more if gas prices go back up to where they
> are $4 a gallon). At that rate it will only take the country 3 months
> to make back the $1 billion tax dollars we spent on the CARS program.
> ]]>
Thu, 06 Aug 2009 08:17:18 -0400
despairamerica.blogspo...

The gasoline consumption savings argument does not hold water.. The "potential savings" from the $1.0 billion C4C spend is MAYBE 54/1000 of one percent.

On Aug 04 11:08 PM omnimoeish wrote:

> Low mileage means exactly what it says, they don't have a lot of
> miles on them. I would guess 80% of those 200,000 cars in a normal
> month are trading in 3 -5 year old that are worth more than $4,000.
>
>
> With the cash for clunkers, most people are offing their old junker
> that's not worth its weigh in manure for a new car. We will know
> pretty soon how many cars are actually bought/traded in directly
> because of the cash for clunkers program, and I dare say it will
> be more than 22,000.
>
> What's cool about it is that for a lot of people trading in their
> car, it's saving 50% of the gas they would've been driving (or someone
> else who would've bought the vehicle from them). Even if the program
> saves 1% of the 400 million gallons of gas burned in the US every
> day, it will save the country 4 million gallons or approximately
> $10-12 million a day (more if gas prices go back up to where they
> are $4 a gallon). At that rate it will only take the country 3 months
> to make back the $1 billion tax dollars we spent on the CARS program.
> ]]>
Realty Income: Prudent Management, Justified Premium? http://seekingalpha.com/article/138871/comments?source=feed#comment-540095 540095
"O" is currently the only REIT in any of the portfolios I manage precisely because I believe it to be less risky than other REITs I have analyzed. Management is conservative and has proven itself and the business model over the years. Moreover, the company is properly focused on ensuring, and growing distributions to its investors. ]]>
Wed, 10 Jun 2009 08:00:16 -0400
"O" is currently the only REIT in any of the portfolios I manage precisely because I believe it to be less risky than other REITs I have analyzed. Management is conservative and has proven itself and the business model over the years. Moreover, the company is properly focused on ensuring, and growing distributions to its investors. ]]>
Dividend Paying Stocks: Don't Discount Them Just Yet http://seekingalpha.com/article/86448/comments?source=feed#comment-212274 212274
The most compelling case for dividend stocks I have read can be accessed at the following link

www.tweedy.com/library...]]>
Wed, 23 Jul 2008 09:29:20 -0400
The most compelling case for dividend stocks I have read can be accessed at the following link

www.tweedy.com/library...]]>
Well-Capitalized Regional Banks: The Bottom Is In http://seekingalpha.com/article/84988/comments?source=feed#comment-206358 206358
I direct you all to a very cogent piece by Anatole Karetsky (Chief Economic Correspondent for the Times of London) from July 14th, in which he states, "if this test [the slavish application of mark-to-market accounting rules] were applied with full rigor, every bank that has ever existed since the Fuggers and Medicis would have been insolvent.

I own stocks in a few banks and while I am unhappy with the trend in their share prices, I cannot say that I believe the fundamental soundness of the institutions (at least the ones I own) is in jeopardy and do not see permanent loss of capital in any of my positions as a likely outcome.]]>
Tue, 15 Jul 2008 16:55:05 -0400
I direct you all to a very cogent piece by Anatole Karetsky (Chief Economic Correspondent for the Times of London) from July 14th, in which he states, "if this test [the slavish application of mark-to-market accounting rules] were applied with full rigor, every bank that has ever existed since the Fuggers and Medicis would have been insolvent.

I own stocks in a few banks and while I am unhappy with the trend in their share prices, I cannot say that I believe the fundamental soundness of the institutions (at least the ones I own) is in jeopardy and do not see permanent loss of capital in any of my positions as a likely outcome.]]>
Warren Buffett on Diversification http://seekingalpha.com/article/54834/comments?source=feed#comment-107757 107757 Wed, 02 Jan 2008 08:12:22 -0500