Ken D

Not the Tax Clawback I Had in Mind

Agree with your article. You present a thoughtful way to take away incentive from such greedy behavior in the future.

Jeff Immelt Buys 50,000 GE Shares: Whoop-Dee-Doo

Okay, Immelt inherited a mess from the beloved Jack Welch. Turns out Welch is like Alan Greenspan -- his performance does not stand the test of time. Read the story on GE's cash coverage of debt -- $32 million on enterprise value of $625 million. Immelt let the debt get too far out of line. He played with fire and now the GE holders are getting burned.


On Mar 03 09:07 AM j.p wrote:

> No good investor buys all at once...I'm sure he will buy more next
> quarter.
>
> You guys keep complaining about Immelt's performance, but can you
> name any specific mistakes? I thought not. GE's stock is being punished
> because of its finance arm...which is still profitable btw...and
> people's fear of banks.

Housing Inventory: Blinking Bottom Indicator

I hope this housing price collapse, when concluded in the next five years, will finally convince people that a house is a place to live and not an investment. Don't listen to all of the self-serving noise from the "Realtors." They will drive you right over the edge of the mountain and cash your insurance check.

Is Buffett Really Losing His Touch?

People said the same thing when he didn't come to the Tech Bubble in 1999. People said the same thing when he didn't let General Re participate in the CDS craze. People said the same thing when he didn't let his homebuilding division participate in subprime loans. People are short-sighted when they review Warren Buffet in the short term. Just watch how this turns out to prove he is thinking as well as ever.

On Board the 'U.S.S. Titanic'

IP, check your spelling.

On Board the 'U.S.S. Titanic'

Do the math correctly. 3 million over 350 million is about 1%, not 0.1%.

Oil, Gas, Electric Cars, the Market and the Economy

The story of supercaps looks like the "100 MPG carburetor story" to me. Running an electric vehicle, even a small one, will take about 5kW minimum for the time you run it. Therefore, one hour takes 5kWH, which is a whole bunch of electrical power to be stored. Even if you could recharge it quickly -- let's say one minute per hour of operation -- you'd need to draw 300kW plus inefficiencies for one minute -- to do the recharging. The conductors required, internal heating, pressure changes, etc. make this sound very far-fetched. Yes, supercaps are real, but they are an alternative for peaking, not for primary power.

Investing in Dividend Paying Companies

First, interesting to see that names of companies like Westinghouse, Philip Morris, and Union Carbide had to be explained. Sheesh, I guess I am getting old, as these are as familiar as Google to me. More directly, I sometimes wonder "what is the true value of a stock." As the market value varies so greatly, the "present value of future cash flows." people surely must think that cash flow is not too clear! Dividends really help me see the value -- compared with bonds or most treasuries these company payouts provide real inflation protection. Thanks for an article weighted to something other than tomorrow!