Lou Siegs's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/213566/comments http://seekingalpha.com/article/168497-nouriel-roubini-one-on-one-more-doom-and-gloom?source=feed#comment-729144 729144
Moore's law may be the only economic rule we need to cite. As real estate reprices to 2002-3 values, a blip in time, technology will easily replace the value lost with its astonishing and reliable exponential gains in productivity. Unfortunately, the dismal scientists are "doomed" to dine on their hysterical models. Take comfort. We know history never repeats itself with the same people. Or, the same economists.

Green is the new color of gold. The increasing education of the world population will make hundreds of millions more productive and keep inflation low for generations. Half the planet will never be hard wired for communications, use gasoline as the primary fuel to power their vehicles, go to a bank to deposit money, pay bills by mail or visit a store to buy light bulbs that will glow brighter for ten years. How much does that save? We're not talking quarterly earnings, but decades of prosperity.

Technology's impact is best revealed when old world assets such as real estate fall behind in value creation as they always will when competing with technology. So, Intel, Apple, Cisco and Amazon roar with cash and appreciation while office buildings and homes naturally depreciate further burdened with debt.

The jobs lost represent natural selection in hyper-drive. Nothing more. Government will provide the necessary subsidy to care for and retrain the learning audiences. Revolution will be avoided; all funded with the wealth created by the technologists.

The DOW was at 10K when real estate took its write-off. It crashed to 6.5K when Chicken Littles like Roubini yelled "Fire!" in the Theatre of the Absurd. The fact that we're almost back to 10K in 6 months confirms the undeniable exponential economic juggernaut of open innovation and invention powered by the indomitable hope of the human condition.
]]> Sun, 25 Oct 2009 10:34:04 -0400
Moore's law may be the only economic rule we need to cite. As real estate reprices to 2002-3 values, a blip in time, technology will easily replace the value lost with its astonishing and reliable exponential gains in productivity. Unfortunately, the dismal scientists are "doomed" to dine on their hysterical models. Take comfort. We know history never repeats itself with the same people. Or, the same economists.

Green is the new color of gold. The increasing education of the world population will make hundreds of millions more productive and keep inflation low for generations. Half the planet will never be hard wired for communications, use gasoline as the primary fuel to power their vehicles, go to a bank to deposit money, pay bills by mail or visit a store to buy light bulbs that will glow brighter for ten years. How much does that save? We're not talking quarterly earnings, but decades of prosperity.

Technology's impact is best revealed when old world assets such as real estate fall behind in value creation as they always will when competing with technology. So, Intel, Apple, Cisco and Amazon roar with cash and appreciation while office buildings and homes naturally depreciate further burdened with debt.

The jobs lost represent natural selection in hyper-drive. Nothing more. Government will provide the necessary subsidy to care for and retrain the learning audiences. Revolution will be avoided; all funded with the wealth created by the technologists.

The DOW was at 10K when real estate took its write-off. It crashed to 6.5K when Chicken Littles like Roubini yelled "Fire!" in the Theatre of the Absurd. The fact that we're almost back to 10K in 6 months confirms the undeniable exponential economic juggernaut of open innovation and invention powered by the indomitable hope of the human condition.
]]> http://seekingalpha.com/article/167977-ge-still-a-bargain?source=feed#comment-725272 725272 Thu, 22 Oct 2009 11:18:07 -0400 http://seekingalpha.com/article/167972-american-capital-agency-corp-dividend-cuts-coming?source=feed#comment-724263 724263
As to price to book, I am pegging the stock at 1.5x book by Q3 2010. I base this valuation on MLP and real estate REIT yields relative to their price to book and the fact that portfolio valuation in the agency REITS is far, far more transparent.

All in all, AGNC has a top management team who has navigated the downturn as well as anyone. ]]> Wed, 21 Oct 2009 17:20:25 -0400
As to price to book, I am pegging the stock at 1.5x book by Q3 2010. I base this valuation on MLP and real estate REIT yields relative to their price to book and the fact that portfolio valuation in the agency REITS is far, far more transparent.

All in all, AGNC has a top management team who has navigated the downturn as well as anyone. ]]> http://seekingalpha.com/article/119199-this-is-just-the-beginning?source=feed#comment-380119 380119 Sun, 08 Feb 2009 15:45:36 -0500 http://seekingalpha.com/article/80314-mcg-capital-squeaking-by?source=feed#comment-189786 189786 Sat, 21 Jun 2008 14:08:07 -0400