Vancan

11 Comments

    • Asset Securitization Crisis: The Butterfly Effect [view article]
      The butterfly effect is an overused analogy, to wit: As is seldom pointed out, the butterfly/weather analogy only applies (if it applies at all) to systems that are really unstable. A butterfly's flapping wings are not likely to cause a flood in the Sahara or even in the typical rain shadow. And, as Wikipedia points out in the opening paragraph, the butterfly's flapping wings may also PREVENT a tornado in an unstable weather system.

      The butterfly cannot change the stability of the system. In our case, poor Bernanke and Poulson have just that job. As far as I know, it is not their fault that the philosophy adopted by Greenspan allowed (or caused) our financial system to badly destabilize. It is Ironic that his policies resulted in the withholding of capital from our corporations. What would Ann Rand say, now that it is poring in the Sahara?

      Oct 07 01:42 PM
    • Who's Gaining from Volatility? [view article]
      Disclosures? Aug 09 04:13 PM
    • As Financials Go, So Go Stock Markets [view article]
      Sorry, as the graphics could not be read by Apple Safari, I will not link to articles by this author in the future.

      This is not baseball. It is about money. Waste my money once and you are out.
      Aug 03 10:09 PM
    • Does Fuel Efficiency Drive the Auto Industry? [view article]
      There is something else about the Prius: It is a joy to drive, and it really doesn't feel like a compact. It is comfortable and holds a lot of cargo with the rear seats down. The CV transmission is a wonder, and the smart key option is worth 5 times the cost. Its real savings comes during around town driving, but I consistently get 45 miles per gallon on long Interstate trips, fully loaded. I'd go long in Toyota if I thought they could make a product line out of the Prius. May 10 12:22 PM
    • Devising a Defensive Theory [view article]
      Where is the evidence that this system will continue working? I have a friend who uses a similar system who cannot afford to loose over the long term. I keep asking that question and she cannot answer it.

      As a general rule, the future cannot be predicted using only the past as an indicator. Otherwise, some really bright technical analyst would have accumulated all of the worlds assets long ago. The fact that the worlds assets are still spread around tells me that you need something else. Is there some fundamental reason that the author's system will work in future like it has in the past?

      Apr 23 01:20 PM
    • Wells Fargo Downgraded: Oppenheimer's Whitney Goes Too Far [view article]
      Yes, but the silver lining is that those of us who are still pretty light in WFC will be able to pick up more at lower levels. Now, if she could be turned loose on LYG that would also be helpful. Disclosure: Long on WFC, LYG and USB Apr 22 07:26 AM
    • Have We Bottomed Yet? [view article]
      Disclosures? Apr 08 04:33 AM
    • Wyeth's Alzheimer's Vaccine Could Become World's #1 Drug - Barron's [view article]
      Disclosures? Apr 06 11:54 PM
    • Top 50 ETFs by Revenue Per Fund [view article]
      Jim, with much respect for the work you have done, I have to agree with Thoroughbred. I have no problem with the ETF industry making lots of money because they offer a valuable service. I mean, how else am I going to invest in the Dow Industrials without something like DIA, which is adjusted daily for only .18. (The ER should be .10, but maybe it will come down. After all, the SPDR people are doing better with an ER of .10.)

      The list I would love to see is that of investor profit per fund after expenses. What funds are at the top of that list? --during the last year and during the last 10 years? My benchmark is DIA and I'll bet several funds can beat it during the last 12 months, but not in the long run.

      Thanks

      Apr 06 09:08 PM
    • 8 High-Yielding Stocks for Income Investors [view article]
      We have not heard OneRichOne's list of 33 dividend stocks. Here are the dividend stocks I own: DD, DOW, GE, GIM, HCN, PFE, JNJ, PDS, OKS, VFC, MAT, USB, CVX, COP, T, TSM, FPO, VNO, BMR, BFD, and AB. Some of these are rock-solid and others shaky. Another that I do not own, but am considering for purchase: WFC. Finally, one that I sold, but may re-buy: JPM. I also own DIA for other reasons but note that it does come with a reasonable yield at its current price. Besides their yield, I look especially hard for a history of increasing dividends, a relatively high ROE, relatively low Payout Ratio, and a reasonable PEG (keeping in mind that PEG ratios are pretty much based on black magic and witchcraft). These are my dividend stocks. I also own other energy stocks (besides OKS, PDS, CVX and COP) that do not pay dividends but which have made me so much money, that I can't seem to sell them. It would be like selling my spouse. Hummm. Mar 21 05:20 AM
    • 8 High-Yielding Stocks for Income Investors [view article]
      W Mar 21 04:35 AM
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