Pilot Guy's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/133480/comments http://seekingalpha.com/article/83035-high-yield-canadian-royalty-trusts-what-s-the-catch?source=feed#comment-194654 194654 XTR pays out quarterly – other ETF’s that cherry pick the universe of available stocks are subject to the same underperformance that has been documented in study after study.
I kinda like Buffet’s advice – buy a universal ETF.
EIT.UN is a fine choice that makes it look attractive with the run-up in crude prices. If that segment declines.. it will crater. It is not a substitute for a broadly representative basket of Trusts like ATR.
ERF is a fine trust – it only yields 5.04% and is a 4 star stock
AND.UN yields 7.6% and is a 4 start stock. These are not the trusts that I or the article was discussing
I am merely suggesting that investors do not chase outlandish Trust yields greater that 12% and not expect nasty surprises such as stock price decline and payout diminishment or suspension. Risk = Return.. you may make out like a bandit.. or lose everything.
]]> Sat, 28 Jun 2008 08:02:23 -0400 XTR pays out quarterly – other ETF’s that cherry pick the universe of available stocks are subject to the same underperformance that has been documented in study after study.
I kinda like Buffet’s advice – buy a universal ETF.
EIT.UN is a fine choice that makes it look attractive with the run-up in crude prices. If that segment declines.. it will crater. It is not a substitute for a broadly representative basket of Trusts like ATR.
ERF is a fine trust – it only yields 5.04% and is a 4 star stock
AND.UN yields 7.6% and is a 4 start stock. These are not the trusts that I or the article was discussing
I am merely suggesting that investors do not chase outlandish Trust yields greater that 12% and not expect nasty surprises such as stock price decline and payout diminishment or suspension. Risk = Return.. you may make out like a bandit.. or lose everything.
]]> http://seekingalpha.com/article/83035-high-yield-canadian-royalty-trusts-what-s-the-catch?source=feed#comment-194564 194564 2007: Loss: $26 million on $569 million in Sales.
The year before loss: $23 million on $372 million sales.
Guarantee on future Dividend payouts - Nada - they can be cut at any time and several Trusts have done so this year.
Take a flyer - hope for a takeover - pray it happens before 2011.]]> Fri, 27 Jun 2008 22:07:29 -0400 2007: Loss: $26 million on $569 million in Sales.
The year before loss: $23 million on $372 million sales.
Guarantee on future Dividend payouts - Nada - they can be cut at any time and several Trusts have done so this year.
Take a flyer - hope for a takeover - pray it happens before 2011.]]> http://seekingalpha.com/article/83035-high-yield-canadian-royalty-trusts-what-s-the-catch?source=feed#comment-194517 194517 Very few high-yielding trusts are ever rated as 4 or 5 star performers.
I perfer to buy the index fund of Candian Trusts (XTR - up quite smartly in the past 12 months) - if you cherry pick - good luck with that]]> Fri, 27 Jun 2008 19:28:50 -0400 Very few high-yielding trusts are ever rated as 4 or 5 star performers.
I perfer to buy the index fund of Candian Trusts (XTR - up quite smartly in the past 12 months) - if you cherry pick - good luck with that]]> http://seekingalpha.com/article/78433-broadwind-energy-cramer-someone-had-to-say-something?source=feed#comment-173005 173005 The answer is mostly.. none of the above. I have toured some "Wind" factories. It is basic metal fab, purchased turbines and structural steel. Nothing that would suggest a sustainable competitive advantage and nothing that could not be done better by long-established manufacturing operations.
I am waiting for a company with a sustainable dominating strategy to sell.. ridiculous valuations will get "popped" very quickly once wind power becomes a profitable market to enter.
In the mean time.. they strike me as more "internet" bubble stories with ridiculous valuations.]]> Fri, 23 May 2008 20:57:25 -0400 The answer is mostly.. none of the above. I have toured some "Wind" factories. It is basic metal fab, purchased turbines and structural steel. Nothing that would suggest a sustainable competitive advantage and nothing that could not be done better by long-established manufacturing operations.
I am waiting for a company with a sustainable dominating strategy to sell.. ridiculous valuations will get "popped" very quickly once wind power becomes a profitable market to enter.
In the mean time.. they strike me as more "internet" bubble stories with ridiculous valuations.]]> http://seekingalpha.com/article/75831-overbought-and-oversold-etfs?source=feed#comment-162953 162953 Sorry - that works in biology but not markets.]]> Tue, 06 May 2008 18:05:31 -0400 Sorry - that works in biology but not markets.]]> http://seekingalpha.com/article/71956-is-the-macdonald-dettwiler-alliant-space-deal-dead?source=feed#comment-151975 151975
This was a bad decision by Prentice – a populist one no doubt – but a poorly thought out decision.
It merely sends the message to all clever entrepreneurs that Canada is a poor place to develop and nurture businesses. As an owner, you should have the right to sell your business in the marketplace without the government (owning no shares) deciding
that it is not in the “national” interest for you to maximize shareholder value.

The immediate result is much cheering and singing of "Oh Canada" like that shown by the author. The long term effect is the loss of potential new enterprises by clever risk-takers who see a more nurturing environment elsewhere.
]]> Wed, 16 Apr 2008 22:02:03 -0400
This was a bad decision by Prentice – a populist one no doubt – but a poorly thought out decision.
It merely sends the message to all clever entrepreneurs that Canada is a poor place to develop and nurture businesses. As an owner, you should have the right to sell your business in the marketplace without the government (owning no shares) deciding
that it is not in the “national” interest for you to maximize shareholder value.

The immediate result is much cheering and singing of "Oh Canada" like that shown by the author. The long term effect is the loss of potential new enterprises by clever risk-takers who see a more nurturing environment elsewhere.
]]> http://seekingalpha.com/article/69637-3-reasons-to-be-bullish-on-solar-stocks-cowen?source=feed#comment-130892 130892 Maybe solar makes sense some day - right now it is not even close.
The goverment giveth and the government taketh away!
Any change in policy and these stocks will crater.]]> Mon, 24 Mar 2008 20:46:00 -0400 Maybe solar makes sense some day - right now it is not even close.
The goverment giveth and the government taketh away!
Any change in policy and these stocks will crater.]]> http://seekingalpha.com/article/69504-financial-entertainment-tv-buries-itself-with-disinformation?source=feed#comment-129991 129991 Fri, 21 Mar 2008 21:27:36 -0400 http://seekingalpha.com/article/68144-get-long-sp500-when-vix-hits-30?source=feed#comment-125768 125768 And worse than randomly pairing indices.. only looking back for six months.
Yikes.. lol
]]> Wed, 12 Mar 2008 20:37:06 -0400 And worse than randomly pairing indices.. only looking back for six months.
Yikes.. lol
]]> http://seekingalpha.com/article/65844-titan-machinery-miles-to-sow-before-it-reaps?source=feed#comment-118515 118515 I have run an ag manufacturing business for 20 years supplying large and small dealers - guess who is more successful in the inevitable downturns in the ag economy?
Many Ag enterprises are being floated by the current rising tide - I am grateful for that - can anyone one say tulip bulbs?]]> Sun, 24 Feb 2008 20:40:03 -0500 I have run an ag manufacturing business for 20 years supplying large and small dealers - guess who is more successful in the inevitable downturns in the ag economy?
Many Ag enterprises are being floated by the current rising tide - I am grateful for that - can anyone one say tulip bulbs?]]> http://seekingalpha.com/article/61039-selling-my-hedges-on-today-s-hard-fall?source=feed#comment-112525 112525 Wed, 23 Jan 2008 20:15:09 -0500 http://seekingalpha.com/article/61016-blood-on-the-street-means-opportunity?source=feed#comment-112405 112405 You must have been a High School Football coach in a earlier life.]]> Wed, 23 Jan 2008 11:16:35 -0500 You must have been a High School Football coach in a earlier life.]]> http://seekingalpha.com/article/60349-what-would-buffett-do-3-safe-financial-picks?source=feed#comment-111223 111223 Thu, 17 Jan 2008 19:36:05 -0500 http://seekingalpha.com/article/58356-the-inevitable-derivative-meltdown?source=feed#comment-106900 106900 Wed, 26 Dec 2007 10:43:03 -0500