GreenestEgg's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/219764/comments http://seekingalpha.com/article/99704-cisco-valuation-so-silly-it-s-time-to-buy-jmp?source=feed#comment-281380 281380
Given the current valuations of its peers, why wouldn't it drop another 30%? And another thing...if you account for that 20% cash and give it back to the shareholders, the P/E is more like 17. What a bargain.]]> Mon, 13 Oct 2008 12:47:27 -0400
Given the current valuations of its peers, why wouldn't it drop another 30%? And another thing...if you account for that 20% cash and give it back to the shareholders, the P/E is more like 17. What a bargain.]]> http://seekingalpha.com/article/98704-cramer-dow-could-drop-another-14-oil-s-going-to-50?source=feed#comment-278331 278331 We have seen this leverage game before. They called it the roaring twenties. The only difference was in the aftermath the Fed contracted the money supply by 1/3, whereas Ben is doing his best to flood the market with moolah. Real estate and commodity bubbles are sprinkled throughout history. Every generation gets one or two, which is why the old folks put it in bonds.]]> Thu, 09 Oct 2008 20:46:22 -0400 We have seen this leverage game before. They called it the roaring twenties. The only difference was in the aftermath the Fed contracted the money supply by 1/3, whereas Ben is doing his best to flood the market with moolah. Real estate and commodity bubbles are sprinkled throughout history. Every generation gets one or two, which is why the old folks put it in bonds.]]> http://seekingalpha.com/article/95415-bofa-lehman-aig-the-new-financial-realities?source=feed#comment-255079 255079
More cash going out than coming in is almost never a healthy way to run a mature business, especially one that doesn't need to retool factories. It all seems kind of obvious in hindsight.]]> Mon, 15 Sep 2008 13:40:58 -0400
More cash going out than coming in is almost never a healthy way to run a mature business, especially one that doesn't need to retool factories. It all seems kind of obvious in hindsight.]]> http://seekingalpha.com/article/94322-300-barrel-oil-is-coming-barron-s-interview?source=feed#comment-249843 249843
Back in the late 1990's, it cost about $4/bbl to get oil out of Saudi Arabia. It's obviously more now, but this unlimited demand by SE Asia argument is insane. There is no way that countries with per capital incomes of less than $1000/year will consume the stuff at $300/bbl. 42 gallons = 1 bbl. I doubt if the average Chinese citizen would stake his yearly pay on the privilege of driving a car to work for six weeks.

Somehow, the humans on this planet survived for 10 million years (or 5000 years, depending on how literally you take the bible) without consuming a couple hundred barrels of per capita each per year. We're smart. I'm sure we'll figure something else out. My money is on the 1.21 Jigawatt flux capacitor from BTTF. ]]> Tue, 09 Sep 2008 19:09:01 -0400
Back in the late 1990's, it cost about $4/bbl to get oil out of Saudi Arabia. It's obviously more now, but this unlimited demand by SE Asia argument is insane. There is no way that countries with per capital incomes of less than $1000/year will consume the stuff at $300/bbl. 42 gallons = 1 bbl. I doubt if the average Chinese citizen would stake his yearly pay on the privilege of driving a car to work for six weeks.

Somehow, the humans on this planet survived for 10 million years (or 5000 years, depending on how literally you take the bible) without consuming a couple hundred barrels of per capita each per year. We're smart. I'm sure we'll figure something else out. My money is on the 1.21 Jigawatt flux capacitor from BTTF. ]]> http://seekingalpha.com/article/89384-has-whole-foods-lost-touch-with-its-customers?source=feed#comment-224281 224281
I find it ironic that a company which is all about organic, eco-friendly, sustainability, etcetera is expanding like the white man into Indian Territory. When your core values contradict your corporate growth strategy, you've got a serious identity problem.

I'm with Jenny. When the economy goes south, I'll switch from organic to conventional foods. When it gets worse, I'll choose store-brand generics or shop at (gasp) Wal-Mart (WMT) or Target (TGT). ]]> Wed, 06 Aug 2008 14:23:42 -0400
I find it ironic that a company which is all about organic, eco-friendly, sustainability, etcetera is expanding like the white man into Indian Territory. When your core values contradict your corporate growth strategy, you've got a serious identity problem.

I'm with Jenny. When the economy goes south, I'll switch from organic to conventional foods. When it gets worse, I'll choose store-brand generics or shop at (gasp) Wal-Mart (WMT) or Target (TGT). ]]> http://seekingalpha.com/article/87473-yes-financial-companies-can-be-analyzed?source=feed#comment-216880 216880
If you're a bank, and you don't have any money to lend, and folks are not paying you back money that they owe you, then you will go out of business. It's that simple. ]]> Mon, 28 Jul 2008 18:14:31 -0400
If you're a bank, and you don't have any money to lend, and folks are not paying you back money that they owe you, then you will go out of business. It's that simple. ]]> http://seekingalpha.com/article/86801-american-express-calls-investment-banks-bluff?source=feed#comment-213604 213604
In the meantime, the banks have claimed the $12,000 of interest as profits (seen in accounts receivable). But I'm not going to pay that back. AND I'm not going to pay back the $10,000 for the TV. That means the $12,000 of profit must now be converted to a $22,000 loss.

The banks keep delaying doomsday by allowing $10 minimum payments and increasing credit lines to prevent default. Once CC holders start defaulting, watch out.

It's hard to tell the truth in the banks' financial statements. Ideally, you'd want to compare the accounts receivable and cash flows to historic levels in the mid/late 1990s. With all of the off-the-books special entities, we really have no idea how bad their situation is.

This is a classic case of the emperor's new clothes and cheers to Chenault for not sugar-coating what he sees.]]> Thu, 24 Jul 2008 13:55:12 -0400
In the meantime, the banks have claimed the $12,000 of interest as profits (seen in accounts receivable). But I'm not going to pay that back. AND I'm not going to pay back the $10,000 for the TV. That means the $12,000 of profit must now be converted to a $22,000 loss.

The banks keep delaying doomsday by allowing $10 minimum payments and increasing credit lines to prevent default. Once CC holders start defaulting, watch out.

It's hard to tell the truth in the banks' financial statements. Ideally, you'd want to compare the accounts receivable and cash flows to historic levels in the mid/late 1990s. With all of the off-the-books special entities, we really have no idea how bad their situation is.

This is a classic case of the emperor's new clothes and cheers to Chenault for not sugar-coating what he sees.]]> http://seekingalpha.com/article/84592-fannie-freddie-affirmative-action-for-the-rich-and-stupid?source=feed#comment-203156 203156
Higher interest rates may drop the home values and increase payment amounts, but at least the principal would go down to something that families could pay off with a few extra payments a year. The idea is to buy a house, not fund multi-million dollar salaries for wall street tycoons.]]> Fri, 11 Jul 2008 13:49:23 -0400
Higher interest rates may drop the home values and increase payment amounts, but at least the principal would go down to something that families could pay off with a few extra payments a year. The idea is to buy a house, not fund multi-million dollar salaries for wall street tycoons.]]> http://seekingalpha.com/article/83121-guru-returns-show-just-how-tough-the-going-has-been-lately?source=feed#comment-195897 195897
That said, they could do a better job of diversifying their holdings so that folks didn't lose a third of their life savings in a year (e.g. Vanguard Windsor / Capitial Value, etc). But hey, they were 4 or 5 stars when you bought 'em, right? Thanks morningstar.

If you know there's going to be inflation, buy stock in mining companies. If you know there's going to be a food shortage, buy ADM & Monsanto. If you know oil is going to $130/bbl, get out of GM and into Toyota. If you know that the mortgage industry was a house of cards and that eventually you'd have huge defaults on loans and credit cards, don't hold stock in the financials. This isn't hindsight. It's due diligence when you're investing (not gambling) with peoples' retirement accounts.]]> Mon, 30 Jun 2008 10:55:43 -0400
That said, they could do a better job of diversifying their holdings so that folks didn't lose a third of their life savings in a year (e.g. Vanguard Windsor / Capitial Value, etc). But hey, they were 4 or 5 stars when you bought 'em, right? Thanks morningstar.

If you know there's going to be inflation, buy stock in mining companies. If you know there's going to be a food shortage, buy ADM & Monsanto. If you know oil is going to $130/bbl, get out of GM and into Toyota. If you know that the mortgage industry was a house of cards and that eventually you'd have huge defaults on loans and credit cards, don't hold stock in the financials. This isn't hindsight. It's due diligence when you're investing (not gambling) with peoples' retirement accounts.]]>