long_on_oil's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/151634/comments http://seekingalpha.com/article/175437-case-shiller-still-predicts-massive-45-fall-from-todays-values?source=feed#comment-778283 778283 During times of increasing inflation hard assets and collectibles go up because people are seeking a safe haven for their money.]]> Thu, 26 Nov 2009 09:15:29 -0500 During times of increasing inflation hard assets and collectibles go up because people are seeking a safe haven for their money.]]> http://seekingalpha.com/article/175062-berkshire-hathaway-stock-portfolio-at-risk-of-resembling-an-index-fund?source=feed#comment-778087 778087 I hold this dog because of the potential not the current performance. I keep thinking someday this stock has to have a major breakout but only God knows when.]]> Thu, 26 Nov 2009 00:38:27 -0500 I hold this dog because of the potential not the current performance. I keep thinking someday this stock has to have a major breakout but only God knows when.]]> http://seekingalpha.com/article/174788-has-buffett-lost-his-mind?source=feed#comment-773100 773100 I am a long time owner of BRK and the purchase of BNI is not upsetting to me. What upsets me is that BRK can't keep up with the market during this latest recovery and Buffet refuses to pay a dividend. He once said that if he could not find a way to make a decent return on cash then he would start paying dividends and let the stockholders try their hand. Well, IMO that time has come.]]> Mon, 23 Nov 2009 08:38:32 -0500 I am a long time owner of BRK and the purchase of BNI is not upsetting to me. What upsets me is that BRK can't keep up with the market during this latest recovery and Buffet refuses to pay a dividend. He once said that if he could not find a way to make a decent return on cash then he would start paying dividends and let the stockholders try their hand. Well, IMO that time has come.]]> http://seekingalpha.com/article/174642-berkshire-well-positioned-for-buffett-s-prediction-on-electric-cars?source=feed#comment-772348 772348 Just look at all the cars on the road today that were built before 1989. The poor are driving them and that is not going to change. The headaches associated with recycling batteries plus producing enough lithem to make the heavy batteries needed to propel the weight of an auto holding 4 adults will be cost prohibitive.
The government would love to put us all in those little phoo phoo cars so more of us get killed and they can get us off social security and the new national health insurance.
Gasoline will have to hit $7 a gallon and stay there for an extended period of time before this happens.
The catch-22 kicks in as we switch to alternate energy; the price of gasoline will fall making it harder to switch.]]> Sun, 22 Nov 2009 18:54:06 -0500 Just look at all the cars on the road today that were built before 1989. The poor are driving them and that is not going to change. The headaches associated with recycling batteries plus producing enough lithem to make the heavy batteries needed to propel the weight of an auto holding 4 adults will be cost prohibitive.
The government would love to put us all in those little phoo phoo cars so more of us get killed and they can get us off social security and the new national health insurance.
Gasoline will have to hit $7 a gallon and stay there for an extended period of time before this happens.
The catch-22 kicks in as we switch to alternate energy; the price of gasoline will fall making it harder to switch.]]> http://seekingalpha.com/article/174577-the-oil-casino-sec-heading-for-monte-carlo-part-iii?source=feed#comment-771598 771598 We all read articles daily about the validity of the peak oil theory. I watched the videos listed in a prior post about the earth having an unlimited supply of oil and came to the conclusion that if we do have unlimited oil, can we afford to bring it to market?
Peak oil or not one fact is certain, in the future oil is going to be very expensive to capture and refine.
It is articles like this that reassure me that having 35% of my portfolio in oil related stocks like BP, SU, RIG and NOV is a smart move for the long term.
keep up the good work.]]> Sun, 22 Nov 2009 08:51:12 -0500 We all read articles daily about the validity of the peak oil theory. I watched the videos listed in a prior post about the earth having an unlimited supply of oil and came to the conclusion that if we do have unlimited oil, can we afford to bring it to market?
Peak oil or not one fact is certain, in the future oil is going to be very expensive to capture and refine.
It is articles like this that reassure me that having 35% of my portfolio in oil related stocks like BP, SU, RIG and NOV is a smart move for the long term.
keep up the good work.]]> http://seekingalpha.com/article/172045-and-bernanke-didn-t-think-unemployment-would-reach-10?source=feed#comment-750669 750669 The government Reagan hated eventually became what we have today thanks to our liberal educational institutions.]]> Sun, 08 Nov 2009 09:46:32 -0500 The government Reagan hated eventually became what we have today thanks to our liberal educational institutions.]]> http://seekingalpha.com/article/172045-and-bernanke-didn-t-think-unemployment-would-reach-10?source=feed#comment-750603 750603 Sun, 08 Nov 2009 09:05:10 -0500 http://seekingalpha.com/article/171975-how-warren-buffett-is-smarter-than-the-g20?source=feed#comment-750593 750593 So gasoline is down a little from last year but it is way up compared to 3 years ago. Gold is at an all time high and commodities keep going up. We all know where health care is headed.
The only thing I know that has deflated is my weight and it is only down 1%...lol

What are you proponents of deflation smoking? ]]> Sun, 08 Nov 2009 08:57:11 -0500 So gasoline is down a little from last year but it is way up compared to 3 years ago. Gold is at an all time high and commodities keep going up. We all know where health care is headed.
The only thing I know that has deflated is my weight and it is only down 1%...lol

What are you proponents of deflation smoking? ]]> http://seekingalpha.com/article/171866-intrinsic-value-and-warren-buffett-s-bnsf-purchase?source=feed#comment-749852 749852 We owners of BRK know this, that is why we own BRK in the first place. We have not kept BRK the past 2 years for the capital gains, that is for sure. If you were to put BNI together today you can bet it would cost way more than $200 a share. Heck, you couldn't purchase 32,000 miles of right of way and lay the tracks for that.]]> Sat, 07 Nov 2009 11:52:37 -0500 We owners of BRK know this, that is why we own BRK in the first place. We have not kept BRK the past 2 years for the capital gains, that is for sure. If you were to put BNI together today you can bet it would cost way more than $200 a share. Heck, you couldn't purchase 32,000 miles of right of way and lay the tracks for that.]]> http://seekingalpha.com/article/171421-berkshire-burlington-hypocrisy-expediency-and-full-dose-of-ego?source=feed#comment-746863 746863 Probably way to simplistic. ]]> Thu, 05 Nov 2009 16:01:44 -0500 Probably way to simplistic. ]]> http://seekingalpha.com/article/171457-transocean-earnings-analysis-a-buy-at-current-levels?source=feed#comment-745959 745959 That being said, this is a great article and as a RIG stockholder I look forward to many more. I really like the fundamentals of RIG, I am a long time stockholder and hopefully one day I will break even again...lol
As a stockholder it would be nice to see some kind of special dividend but a nice bump in the stock price would be even better.
Keep up the good work.]]> Thu, 05 Nov 2009 08:12:04 -0500 That being said, this is a great article and as a RIG stockholder I look forward to many more. I really like the fundamentals of RIG, I am a long time stockholder and hopefully one day I will break even again...lol
As a stockholder it would be nice to see some kind of special dividend but a nice bump in the stock price would be even better.
Keep up the good work.]]> http://seekingalpha.com/article/170836-buffett-s-big-rail-buy-what-it-means-for-berkshire-shareholders?source=feed#comment-744073 744073 Instead of getting our orders the next day we will have to wait until the next train comes to town.
This is a brilliant move by an old timer that sees the future but will not be around to live it.]]> Wed, 04 Nov 2009 09:02:02 -0500 Instead of getting our orders the next day we will have to wait until the next train comes to town.
This is a brilliant move by an old timer that sees the future but will not be around to live it.]]> http://seekingalpha.com/article/170845-buffett-buys-burlington-does-50-1-split-at-berkshire?source=feed#comment-744020 744020 Its not like Wal Mart where the shares are so diluted that the price hasn't moved in 10 years. This move will propel BRKBs to a $5,000 equivalent which is $100 post split. I have owned BRK for some time now and I am elated.
However, I do feel this should be the last split because this sets the stage for market saturation and dilution and that is not good for the shareholders.]]> Wed, 04 Nov 2009 08:40:04 -0500 Its not like Wal Mart where the shares are so diluted that the price hasn't moved in 10 years. This move will propel BRKBs to a $5,000 equivalent which is $100 post split. I have owned BRK for some time now and I am elated.
However, I do feel this should be the last split because this sets the stage for market saturation and dilution and that is not good for the shareholders.]]> http://seekingalpha.com/article/170699-how-auto-bailout-is-punishing-ford?source=feed#comment-742013 742013 The only way we can stop this is for the public to totally stop buying GM products no matter what the government offers in incentives. We have to insure the success of Ford because once Ford is gone Honda and Toyota will be the next companies in the governments sights.

We are just sitting back and watching this creeping socialism take over. I shutter to think of where this robbing us of our freedom is going to end.]]> Tue, 03 Nov 2009 08:31:42 -0500 The only way we can stop this is for the public to totally stop buying GM products no matter what the government offers in incentives. We have to insure the success of Ford because once Ford is gone Honda and Toyota will be the next companies in the governments sights.

We are just sitting back and watching this creeping socialism take over. I shutter to think of where this robbing us of our freedom is going to end.]]> http://seekingalpha.com/article/170475-gold-is-not-in-a-bull-market?source=feed#comment-740076 740076 Mon, 02 Nov 2009 08:48:08 -0500 http://seekingalpha.com/article/170441-for-your-perusal-the-glory-of-free-market-oil-supply?source=feed#comment-740018 740018 Mon, 02 Nov 2009 08:19:18 -0500 http://seekingalpha.com/article/170235-market-spooked-today-but-panic-attack-is-likely-temporary?source=feed#comment-738214 738214 Never forget the investment fundamentals.
1. A bull market ends in one day when the top is set.
2. Pigs get slaughtered
3. The market runs out of greater fools.
4. Charts never get the future right because they are based on the past. Actual activity and emotion drive the future.
5. Stealing money from tax payers and redistributing the wealth is detrimental to the stock market.
6. High unemployment and low consumer spending does not promote growth and prosperity. ]]> Sat, 31 Oct 2009 09:16:21 -0400 Never forget the investment fundamentals.
1. A bull market ends in one day when the top is set.
2. Pigs get slaughtered
3. The market runs out of greater fools.
4. Charts never get the future right because they are based on the past. Actual activity and emotion drive the future.
5. Stealing money from tax payers and redistributing the wealth is detrimental to the stock market.
6. High unemployment and low consumer spending does not promote growth and prosperity. ]]> http://seekingalpha.com/article/169914-conocophilips-time-to-embrace-natural-gas-transportation?source=feed#comment-736784 736784 I am amazed that BP is not currently an $80 stock based on its dividend.]]> Fri, 30 Oct 2009 08:43:04 -0400 I am amazed that BP is not currently an $80 stock based on its dividend.]]> http://seekingalpha.com/article/169488-george-soros-the-guru-outlook?source=feed#comment-736219 736219 Thu, 29 Oct 2009 18:44:38 -0400 http://seekingalpha.com/article/168697-why-apple-is-worth-80?source=feed#comment-730429 730429 NEVER get emotionally involved with any stock. I have no love affair with apple and I love to read these posts of people defending the stock like they are married to it. This shows me there are plenty of greater fools left to drive this stock to $250 with no problem.]]> Mon, 26 Oct 2009 08:55:24 -0400 NEVER get emotionally involved with any stock. I have no love affair with apple and I love to read these posts of people defending the stock like they are married to it. This shows me there are plenty of greater fools left to drive this stock to $250 with no problem.]]> http://seekingalpha.com/article/168503-how-apple-s-market-share-will-propel-stock-to-500-part-1?source=feed#comment-728230 728230 If you looking for a computer to do music, videos, graphics and other multi media projects then you will probably buy the Apple.
People have a tendency to buy a computer like the one they use at work or one like their friends have, in which case it is the PC.
The crowd that buys the apple products are the same ones that wore shirts with alligators and polo ponies....lol

Apple will hit $500 a share when the dollar is worth 10c.]]> Sat, 24 Oct 2009 10:17:13 -0400 If you looking for a computer to do music, videos, graphics and other multi media projects then you will probably buy the Apple.
People have a tendency to buy a computer like the one they use at work or one like their friends have, in which case it is the PC.
The crowd that buys the apple products are the same ones that wore shirts with alligators and polo ponies....lol

Apple will hit $500 a share when the dollar is worth 10c.]]> http://seekingalpha.com/article/168356-can-apple-be-a-300-stock?source=feed#comment-727177 727177 I love tech stocks, they have been my biggest gainers and losers. Unfortunately human nature has you hold the losers to long and keeps you from selling the winners in a timely manner.
I know this is a high on apple article but never forget that fortune 500 companies perfer Microsoft and they will not forfeit their software investment to switch. ]]> Fri, 23 Oct 2009 12:13:47 -0400 I love tech stocks, they have been my biggest gainers and losers. Unfortunately human nature has you hold the losers to long and keeps you from selling the winners in a timely manner.
I know this is a high on apple article but never forget that fortune 500 companies perfer Microsoft and they will not forfeit their software investment to switch. ]]> http://seekingalpha.com/article/168153-investors-jostle-over-the-oil-sands-prize?source=feed#comment-726835 726835 My prediction is that BP will end up buying SUncor. That prediction is more reliable than the article posted by mr hedge.]]> Fri, 23 Oct 2009 09:49:49 -0400 My prediction is that BP will end up buying SUncor. That prediction is more reliable than the article posted by mr hedge.]]> http://seekingalpha.com/article/168356-can-apple-be-a-300-stock?source=feed#comment-726792 726792 I'm old enough to remember Commodore and what competition did to them. Never underestimate your competition, especially if they have lots of cash. The new slim notebook introduced by Dell yesterday plus the rave reviews that Windows 7 is getting may reduce that $300 target. I own both MSFT and AAPL so I hope they both succeed but never let your love of a product blind you to another.
I link my laptop to my TV and watch TV over the internet on my big screen, this will be a huge new market and the company that taps it first will have something bigger than the phone market. ]]> Fri, 23 Oct 2009 09:21:18 -0400 I'm old enough to remember Commodore and what competition did to them. Never underestimate your competition, especially if they have lots of cash. The new slim notebook introduced by Dell yesterday plus the rave reviews that Windows 7 is getting may reduce that $300 target. I own both MSFT and AAPL so I hope they both succeed but never let your love of a product blind you to another.
I link my laptop to my TV and watch TV over the internet on my big screen, this will be a huge new market and the company that taps it first will have something bigger than the phone market. ]]> http://seekingalpha.com/article/168033-four-shippers-emerging-from-the-mire?source=feed#comment-725893 725893 Thu, 22 Oct 2009 17:48:21 -0400 http://seekingalpha.com/article/167098-dow-10-000-show-me-the-real-money?source=feed#comment-719466 719466 Sun, 18 Oct 2009 12:38:09 -0400 http://seekingalpha.com/article/166997-report-from-europe-a-profit-taking-friday?source=feed#comment-718428 718428 If we were to open our eyes we would probably see the same thing happening here. Where is the transparency Obama promised us relating to all the billions his administration is dolling out. Any time you have massive government spending like we do now, you have corruption and it is not party specific.
If you think the american people really have control over congress and government spending then you have your head in the sand. ]]> Sat, 17 Oct 2009 08:56:20 -0400 If we were to open our eyes we would probably see the same thing happening here. Where is the transparency Obama promised us relating to all the billions his administration is dolling out. Any time you have massive government spending like we do now, you have corruption and it is not party specific.
If you think the american people really have control over congress and government spending then you have your head in the sand. ]]> http://seekingalpha.com/article/166178-the-end-of-the-oil-age-not-quite?source=feed#comment-713688 713688 So we will have to build the distribution pipe lines and filling stations before we can sell natural gas vehicles to anyone with common sense.
You could buy the car and then learn the lesson...lol
The car would be nice for anyone that does not travel beyond the fuel capacity range per day.
I would like to hear from someone who owns one of these vehicles regarding, range, time required to refill, cost to operate, mechanical dependability, etc. Hopefully they will post with this article.
]]> Tue, 13 Oct 2009 09:01:13 -0400 So we will have to build the distribution pipe lines and filling stations before we can sell natural gas vehicles to anyone with common sense.
You could buy the car and then learn the lesson...lol
The car would be nice for anyone that does not travel beyond the fuel capacity range per day.
I would like to hear from someone who owns one of these vehicles regarding, range, time required to refill, cost to operate, mechanical dependability, etc. Hopefully they will post with this article.
]]> http://seekingalpha.com/article/165918-jim-rogers-on-the-next-10-years?source=feed#comment-713058 713058 If we can some how elect leadership that can set national goals for worldwide dominance through excellence in education we can once again return to the great power we were after WWII.
We have to get away from this current notion that the government is our caretaker from the cradle to the grave. In two generations we went from a nation of hard working WWII vetran workers to a nation of couch potatoes and government leaches.
We have enough land to feed ourselves for the next 100 years yet we can't find people willing to work hard enough to farm the land. Young farmers want to leave the farm and head for the city. We can not let this continue.

We have all the resources we need but we lack the resolve. That is where leadership comes in. We need a President and congress that can restore our greatness by reducing the size and control of government.
If you were born anytime before 1980 you know what I mean. We had a leader that once said "Government is not the solution, Government is the problem". He made us feel good about ourselves and he brought down the wall by practicing peace through strength. Lets hope we can find another one like him; our great future is dependent on it.
Our poor have tv, cell phones, cars, houses with electricity, plumbing and fresh running water. China is a long way off from achieving the level of the poorest amoung us. We don't need to fear China we need to make China and India our #1 customers.
It is time to stop our whinning and get to work. After all, the rest of the world wants to be like us so why do we want to lower ourselves to be like the rest of the world. The whole situation just makes me want to barf.
]]> Mon, 12 Oct 2009 12:45:11 -0400 If we can some how elect leadership that can set national goals for worldwide dominance through excellence in education we can once again return to the great power we were after WWII.
We have to get away from this current notion that the government is our caretaker from the cradle to the grave. In two generations we went from a nation of hard working WWII vetran workers to a nation of couch potatoes and government leaches.
We have enough land to feed ourselves for the next 100 years yet we can't find people willing to work hard enough to farm the land. Young farmers want to leave the farm and head for the city. We can not let this continue.

We have all the resources we need but we lack the resolve. That is where leadership comes in. We need a President and congress that can restore our greatness by reducing the size and control of government.
If you were born anytime before 1980 you know what I mean. We had a leader that once said "Government is not the solution, Government is the problem". He made us feel good about ourselves and he brought down the wall by practicing peace through strength. Lets hope we can find another one like him; our great future is dependent on it.
Our poor have tv, cell phones, cars, houses with electricity, plumbing and fresh running water. China is a long way off from achieving the level of the poorest amoung us. We don't need to fear China we need to make China and India our #1 customers.
It is time to stop our whinning and get to work. After all, the rest of the world wants to be like us so why do we want to lower ourselves to be like the rest of the world. The whole situation just makes me want to barf.
]]> http://seekingalpha.com/article/165726-why-exxon-should-significantly-increase-its-dividend?source=feed#comment-711953 711953 Sat, 10 Oct 2009 17:35:54 -0400