Joe V

Chesapeake Energy Analyst Day Update: Company Moves to Resource Conversion

Nice analysis, thanks!

Obama, McCain and Offshore Drilling

I'm glad to see Obama apparently learning (or is it spin, driven by polls?), but I'd rather have someone running the country who already knows basic stuff like this.

The Perils of Long-Term Investing

Well, it looks like you've incurred the ire of die-hard LTBH-ers :) I enjoyed the article. The most compelling part was the last paragraph, about the importance of monitoring the price/value relationship.

I don't intentionally short-term trade. I concentrate on fundamentals, not price action, so my actions tend to move at a "quarterly", not daily, pace. But everything I own is for sale <b>every day</b> if the price offered allows no more room for outsized returns relative to estimated value. Long-term, short-term, it doesn't matter. Concentrate on price vs. value and the term takes care of itself.

Obama vs. McCain: Who's Better for Dividend Investors?

It's interesting to see that Siegel chart. The first thing that jumped out at me is that almost every election the "other" party is voted in. There's always enough to not like about reality, no matter who's running the show, that the public opts for "something different".

The grass is always greener... or is it similar to market excesses, where the momentum pendulum always swings way too far in either direction, instead of just centering on intrinsic value....

Just random musings, I know not directly related to your post. Sorry 'bout that.