tshk1221's Comments tshk1221's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/271047/comments Why You Don't Want Berkshire to Pay Dividends http://seekingalpha.com/article/140016-why-you-don-t-want-berkshire-to-pay-dividends?source=feed#comment-523590 523590
BRK must survive another 40 - 50 years from now to show to the market that it has a proven track record of surviving history. From my point of view, BRK is not that different from MSFT in terms of its speed of market capitalization during a very short period of time and relatively short business history.

However, MSFT is definitely a better choice for us because of its dividend yield of 2.6% and its firm standing as industry leader even if we have $10,000,000 to invest with. ]]>
Fri, 29 May 2009 19:10:50 -0400
BRK must survive another 40 - 50 years from now to show to the market that it has a proven track record of surviving history. From my point of view, BRK is not that different from MSFT in terms of its speed of market capitalization during a very short period of time and relatively short business history.

However, MSFT is definitely a better choice for us because of its dividend yield of 2.6% and its firm standing as industry leader even if we have $10,000,000 to invest with. ]]>
Why You Don't Want Berkshire to Pay Dividends http://seekingalpha.com/article/140016-why-you-don-t-want-berkshire-to-pay-dividends?source=feed#comment-522113 522113
I cannot hold BRK forever. I MUST sell BRK someday to enjoy the economic benefits (cash).

However, I can hold KO, PG, JNJ, KFT, HNZ, KMB, CL and WMT including other quality-dividend paying companies forever because of the continuous, increasing streams of economic benefits (dividends) coming to me, and I don't need to sell these companies to reap and enjoy the economic benefits. ]]>
Thu, 28 May 2009 19:30:19 -0400
I cannot hold BRK forever. I MUST sell BRK someday to enjoy the economic benefits (cash).

However, I can hold KO, PG, JNJ, KFT, HNZ, KMB, CL and WMT including other quality-dividend paying companies forever because of the continuous, increasing streams of economic benefits (dividends) coming to me, and I don't need to sell these companies to reap and enjoy the economic benefits. ]]>
5 Stocks Selling At a Discount to Fair Value http://seekingalpha.com/article/139925-5-stocks-selling-at-a-discount-to-fair-value?source=feed#comment-521777 521777
But, the real problem of thinking that everything got cheaper is the stock market went up so much from 1980 to 2000. Way too much that we tend to think companies with P/Es of 30 - 300 is ok to invest in. Way too much that we think companies paying not a penny of dividends is ok to invest our money in.

It is very possible that during 1950 - 1980, dividend yields of KO, PG and JNJ could have been 6% - 7% or more with P/Es of 5 or less since there were not a lot of market participants back then other than rich people. ]]>
Thu, 28 May 2009 15:27:12 -0400
But, the real problem of thinking that everything got cheaper is the stock market went up so much from 1980 to 2000. Way too much that we tend to think companies with P/Es of 30 - 300 is ok to invest in. Way too much that we think companies paying not a penny of dividends is ok to invest our money in.

It is very possible that during 1950 - 1980, dividend yields of KO, PG and JNJ could have been 6% - 7% or more with P/Es of 5 or less since there were not a lot of market participants back then other than rich people. ]]>
5 Stocks Selling At a Discount to Fair Value http://seekingalpha.com/article/139925-5-stocks-selling-at-a-discount-to-fair-value?source=feed#comment-520512 520512
I thought a lot about intrinsic value of a company. I think a company's source of intrinsic value is composed of the following three factors:

1. Brand power
2. Product quality
3. Human resource

I know discounted future value of dividends less risk-free investment rate could be used to determine a company's intrinsic value since dividends are a reflection of intrinsic value of a company, but there are somethings that we cannot figure out such as the power of excellent human resource that contributes to generation of earnings and dividends and brand power that's not really easy to measure its value of. My conclusion is we cannot measure true intrinsic value of a company.

And, ROI of 30% appears to be way too conservative. If you apply an ROI of 30% to KO, PG or JNJ, you're requiring an ROI that is applied to riskier micro-cap companies or small businesses. As for big-cap renowned companies like KO, PG and JNJ, I think 10% ROI appears more reasonable.]]>
Wed, 27 May 2009 20:51:51 -0400
I thought a lot about intrinsic value of a company. I think a company's source of intrinsic value is composed of the following three factors:

1. Brand power
2. Product quality
3. Human resource

I know discounted future value of dividends less risk-free investment rate could be used to determine a company's intrinsic value since dividends are a reflection of intrinsic value of a company, but there are somethings that we cannot figure out such as the power of excellent human resource that contributes to generation of earnings and dividends and brand power that's not really easy to measure its value of. My conclusion is we cannot measure true intrinsic value of a company.

And, ROI of 30% appears to be way too conservative. If you apply an ROI of 30% to KO, PG or JNJ, you're requiring an ROI that is applied to riskier micro-cap companies or small businesses. As for big-cap renowned companies like KO, PG and JNJ, I think 10% ROI appears more reasonable.]]>
Berkshire Hathaway Stock Holdings and Investment Ideas http://seekingalpha.com/article/139712-berkshire-hathaway-stock-holdings-and-investment-ideas?source=feed#comment-520478 520478 Wed, 27 May 2009 20:24:36 -0400 5 Stocks Selling At a Discount to Fair Value http://seekingalpha.com/article/139925-5-stocks-selling-at-a-discount-to-fair-value?source=feed#comment-520398 520398
I think how to value a business' fair value is one of the single most important thing we small investors must know of to maximize cash flows and stock values from dividend reinvestment by holding forever. It is because the fair values directly impacts acquisition cost and dividend yield.

Of no real good use at all if KO was bought in 2000 when its price was its max and its dividend yield was less than 1% even if KO is considered to be one of the best companies in the world to invest in.
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Wed, 27 May 2009 19:33:34 -0400
I think how to value a business' fair value is one of the single most important thing we small investors must know of to maximize cash flows and stock values from dividend reinvestment by holding forever. It is because the fair values directly impacts acquisition cost and dividend yield.

Of no real good use at all if KO was bought in 2000 when its price was its max and its dividend yield was less than 1% even if KO is considered to be one of the best companies in the world to invest in.
]]>
5 Stocks Selling At a Discount to Fair Value http://seekingalpha.com/article/139925-5-stocks-selling-at-a-discount-to-fair-value?source=feed#comment-520082 520082 Wed, 27 May 2009 15:50:25 -0400 Dividend Investing vs. Trading http://seekingalpha.com/article/139192-dividend-investing-vs-trading?source=feed#comment-514630 514630
As I invested a litttle in the market, I came up with my own conclusion that quality dividend, rather than sell-buyer-agreed market cap, is the true reflection of intrinsic value of a company. Through dividend reinvestment, we get a portion of intrinsic value realized from a company, reinvest it back to the company and get it back again. This continuous circulation of intrinsic value between an investor and a company appears to create something more than simple compounding.

After a few mistakes, I decided to stick to quality-dividend company and divident reinvestment. ]]>
Fri, 22 May 2009 13:00:53 -0400
As I invested a litttle in the market, I came up with my own conclusion that quality dividend, rather than sell-buyer-agreed market cap, is the true reflection of intrinsic value of a company. Through dividend reinvestment, we get a portion of intrinsic value realized from a company, reinvest it back to the company and get it back again. This continuous circulation of intrinsic value between an investor and a company appears to create something more than simple compounding.

After a few mistakes, I decided to stick to quality-dividend company and divident reinvestment. ]]>
5 Dividend Stocks for a Bear Market http://seekingalpha.com/article/138493-5-dividend-stocks-for-a-bear-market?source=feed#comment-510114 510114 Tue, 19 May 2009 14:50:44 -0400 How We Could Let AIG Fail, Sort Of http://seekingalpha.com/article/127051-how-we-could-let-aig-fail-sort-of?source=feed#comment-434143 434143
2. The government must set insurance sales goals to these new government employees such as generation of $10,000,000 new life insurance policies a month per employee.

3. If any of the employee cannot meet this sales goal, the government must lay off under-performing employees one by one again to save more costs.

4. When there is no employee left other than a security guard, the government must declare itself Chapter 7 bankruptcy for AIG.

5. The politicians will handle the effects, good or bad, by blaming others and pinpointing scapegoats.

]]>
Fri, 20 Mar 2009 19:42:25 -0400
2. The government must set insurance sales goals to these new government employees such as generation of $10,000,000 new life insurance policies a month per employee.

3. If any of the employee cannot meet this sales goal, the government must lay off under-performing employees one by one again to save more costs.

4. When there is no employee left other than a security guard, the government must declare itself Chapter 7 bankruptcy for AIG.

5. The politicians will handle the effects, good or bad, by blaming others and pinpointing scapegoats.

]]>
Outing AIG's Bonus Babies: What's the Point? http://seekingalpha.com/article/126876-outing-aig-s-bonus-babies-what-s-the-point?source=feed#comment-432711 432711
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Thu, 19 Mar 2009 15:40:46 -0400
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Outing AIG's Bonus Babies: What's the Point? http://seekingalpha.com/article/126876-outing-aig-s-bonus-babies-what-s-the-point?source=feed#comment-432618 432618
How come these bureaucrats do not rage against the bonuses to be paid to the employees of Fannie Mae? Fannie Fae's historic recklessness in accepting absurd and exotic mortgage loans from banks and churning out below-junk-bond like MBSs played a major role for this mortgage crisis, too. These bonuses for Fannie Mae execs must be stopped immediately, too. In addition, Fannie Mae employees officially belong to the government. Therefore, they just need only $50,000 to $90,000 annual flat pay with no annual performance bonuses. Why do the government employees need those huge bonuses?

Once the government gave Edward Liddy general right to restructure and operate tangled AIG as CEO, the government including the bureaucrats must trust him unconditionally until this mess in AIG is resolved. Edward Liddy is not one of the Wall Street greed-trapped CEOs or incentive-crazy mortgage bankers and lenders. All he wants to do is to finish his job for his honor and duty given by the government for $1 a year.

I just feel so sorry for Edward Liddy who could have been paid more than $5 million a year in a different company as CEO.

It's better for AIG to just declare Chapter 7 bankrutcy. Edward Liddy needs rest home. ]]>
Thu, 19 Mar 2009 14:32:48 -0400
How come these bureaucrats do not rage against the bonuses to be paid to the employees of Fannie Mae? Fannie Fae's historic recklessness in accepting absurd and exotic mortgage loans from banks and churning out below-junk-bond like MBSs played a major role for this mortgage crisis, too. These bonuses for Fannie Mae execs must be stopped immediately, too. In addition, Fannie Mae employees officially belong to the government. Therefore, they just need only $50,000 to $90,000 annual flat pay with no annual performance bonuses. Why do the government employees need those huge bonuses?

Once the government gave Edward Liddy general right to restructure and operate tangled AIG as CEO, the government including the bureaucrats must trust him unconditionally until this mess in AIG is resolved. Edward Liddy is not one of the Wall Street greed-trapped CEOs or incentive-crazy mortgage bankers and lenders. All he wants to do is to finish his job for his honor and duty given by the government for $1 a year.

I just feel so sorry for Edward Liddy who could have been paid more than $5 million a year in a different company as CEO.

It's better for AIG to just declare Chapter 7 bankrutcy. Edward Liddy needs rest home. ]]>
Fannie Mae and Freddie Mac: More Bonuses for Failure http://seekingalpha.com/article/126795-fannie-mae-and-freddie-mac-more-bonuses-for-failure?source=feed#comment-432399 432399
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Thu, 19 Mar 2009 12:12:10 -0400
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AIG Bonus Imbroglio: $165 Million vs. $165 Billion http://seekingalpha.com/article/126591-aig-bonus-imbroglio-165-million-vs-165-billion?source=feed#comment-430680 430680
Instead of lashing out at AIG, we have to think of good solutions to help AIG stand up again since our billions of dollars at stake now, and AIG must pay back the money to us. Since getting on board of AIG as CEO right after this crisis, Edward Liddy has been showing us the strongest tenacity, courage and commitment to restructure this complex company into a smaller but nimbler insurance company, trying all of his best and ideas to sell other AIG units in the midst of this historic credit-cruched market. News say AIG generated about 45 billion dollars from asset sales and is ready to pay down the bail-out loan by that much. We have to applaud Edward Liddy for these tremendous jobs done to finish his responsibilities given as CEO. I've never seen this strong tenacity and commitment to his or her responsibilities in any other CEOs.

For $1 compensation a year, Edward Liddy must be struggling by himself every day and ever hour to restructure and get this company stand up again and pay the loan back to the government and go home to take a real rest. He graduated from a catholic university. He must be praying every night to God to give him the courage to finish this daunting task given to him in the midst of criticisms being poured on AIG. Instead of bashing out at him and AIG, we have to at least pray together for him to finish his job good, real good so that he can go home and take a real good rest and so that we get our tax money back. ]]>
Wed, 18 Mar 2009 12:08:08 -0400
Instead of lashing out at AIG, we have to think of good solutions to help AIG stand up again since our billions of dollars at stake now, and AIG must pay back the money to us. Since getting on board of AIG as CEO right after this crisis, Edward Liddy has been showing us the strongest tenacity, courage and commitment to restructure this complex company into a smaller but nimbler insurance company, trying all of his best and ideas to sell other AIG units in the midst of this historic credit-cruched market. News say AIG generated about 45 billion dollars from asset sales and is ready to pay down the bail-out loan by that much. We have to applaud Edward Liddy for these tremendous jobs done to finish his responsibilities given as CEO. I've never seen this strong tenacity and commitment to his or her responsibilities in any other CEOs.

For $1 compensation a year, Edward Liddy must be struggling by himself every day and ever hour to restructure and get this company stand up again and pay the loan back to the government and go home to take a real rest. He graduated from a catholic university. He must be praying every night to God to give him the courage to finish this daunting task given to him in the midst of criticisms being poured on AIG. Instead of bashing out at him and AIG, we have to at least pray together for him to finish his job good, real good so that he can go home and take a real good rest and so that we get our tax money back. ]]>
Rage at the AIG Machine http://seekingalpha.com/article/126416-rage-at-the-aig-machine?source=feed#comment-429344 429344
The single most important thing we have to think of is how we are going to get our billions of dollars of tax money back from AIG, not the bonuses paid already. If we can get the billions of dollars back from AIG, it wouldn't be a big deal to get the bonuses back. Reduction of future bonuses will do. We must help AIG stand up again as one of the economic engines of the US to get our tax money back. If not, we will just end up with pennies for billions of dollars poured in. ]]>
Tue, 17 Mar 2009 12:27:56 -0400
The single most important thing we have to think of is how we are going to get our billions of dollars of tax money back from AIG, not the bonuses paid already. If we can get the billions of dollars back from AIG, it wouldn't be a big deal to get the bonuses back. Reduction of future bonuses will do. We must help AIG stand up again as one of the economic engines of the US to get our tax money back. If not, we will just end up with pennies for billions of dollars poured in. ]]>
AIG Giftwraps $450M http://seekingalpha.com/article/126258-aig-giftwraps-450m?source=feed#comment-428459 428459
It will make sense if the government reaches a deal with AIG to reduce future compensations or bonuses for the AIG employees. However, if the government tries to take away bonuses that were paid already, I can't help but think that the US government under Obama's leadership is turning into dictatorship that no one had ever imagined. Forciful take-away of the bonuses must never be done by the government. If this happens, the only resort for AIG to rely on is calling for bankrupcy, and US taxpayers and the government will just end up with nothing but pennies. ]]>
Mon, 16 Mar 2009 19:32:19 -0400
It will make sense if the government reaches a deal with AIG to reduce future compensations or bonuses for the AIG employees. However, if the government tries to take away bonuses that were paid already, I can't help but think that the US government under Obama's leadership is turning into dictatorship that no one had ever imagined. Forciful take-away of the bonuses must never be done by the government. If this happens, the only resort for AIG to rely on is calling for bankrupcy, and US taxpayers and the government will just end up with nothing but pennies. ]]>
American Express Buying Out Cardholders: Bad for the Economy? http://seekingalpha.com/article/122374-american-express-buying-out-cardholders-bad-for-the-economy?source=feed#comment-403698 403698
It is driving out valuable future customers who will contribute to AXP's income when the market comes back.

A credit card lender that does not appreciate customers with good customer service skills can't last that long.

On Feb 25 02:27 PM KSK wrote:

> looks like AXP is preparing itself for the worst ... by reducing
> the risks ... paying off to reduce the risks...
>
> one of my friend has the AmEx Blue Cash card and had been using it
> as his primary card... in Dec of 2008 Amex reduced the credit limit
> from 13K to 2K just because he had other debt....
>
> Paying off to let the risky customers go ... good strategy....]]>
Wed, 25 Feb 2009 18:06:05 -0500
It is driving out valuable future customers who will contribute to AXP's income when the market comes back.

A credit card lender that does not appreciate customers with good customer service skills can't last that long.

On Feb 25 02:27 PM KSK wrote:

> looks like AXP is preparing itself for the worst ... by reducing
> the risks ... paying off to reduce the risks...
>
> one of my friend has the AmEx Blue Cash card and had been using it
> as his primary card... in Dec of 2008 Amex reduced the credit limit
> from 13K to 2K just because he had other debt....
>
> Paying off to let the risky customers go ... good strategy....]]>
Dividends Outlook for 2009 http://seekingalpha.com/article/122333-dividends-outlook-for-2009?source=feed#comment-403617 403617 Wed, 25 Feb 2009 17:14:43 -0500 American Express Buying Out Cardholders: Bad for the Economy? http://seekingalpha.com/article/122374-american-express-buying-out-cardholders-bad-for-the-economy?source=feed#comment-402187 402187
Is American Express worthy to be listed in Dow Index?? ]]>
Tue, 24 Feb 2009 19:27:08 -0500
Is American Express worthy to be listed in Dow Index?? ]]>
Should You Follow Warren Buffett’s Latest Moves? http://seekingalpha.com/article/121225-should-you-follow-warren-buffetts-latest-moves?source=feed#comment-394002 394002 Wed, 18 Feb 2009 15:35:58 -0500 Time to Buy Bank Stocks http://seekingalpha.com/article/119946-time-to-buy-bank-stocks?source=feed#comment-385903 385903
Small investors like us must invest in companies like KO, PG, JNJ and PFE that deal with hard products, not with money. ]]>
Thu, 12 Feb 2009 13:21:24 -0500
Small investors like us must invest in companies like KO, PG, JNJ and PFE that deal with hard products, not with money. ]]>
Real-Estate Veteran Sees a Rare Opportunity to Buy Quality REITs - Barron's http://seekingalpha.com/article/117817-real-estate-veteran-sees-a-rare-opportunity-to-buy-quality-reits-barron-s?source=feed#comment-377673 377673
SPG just slashed its cash dividends by 90%. SPG's balance sheet as of 9/30/2008 shows an LTC ratio of 95%. What's going to happen?

DDR skipped its dividends back in October, 2008. Its LTC is a little high at 75% according to its balance sheet as of 9/30/2008, but it is still within a lendable LTC range. Besides, DDR has been trying to reduce its LTC by reducing its dividends earlier and saving up cash to pay down its loan balances. Probably, updated balance sheet of DDR will show its LTC to be around 60% - 65% range. If this is shown in DDR's updated balance sheet, DDR will survive through the next real estate boom. ]]>
Thu, 05 Feb 2009 19:58:57 -0500
SPG just slashed its cash dividends by 90%. SPG's balance sheet as of 9/30/2008 shows an LTC ratio of 95%. What's going to happen?

DDR skipped its dividends back in October, 2008. Its LTC is a little high at 75% according to its balance sheet as of 9/30/2008, but it is still within a lendable LTC range. Besides, DDR has been trying to reduce its LTC by reducing its dividends earlier and saving up cash to pay down its loan balances. Probably, updated balance sheet of DDR will show its LTC to be around 60% - 65% range. If this is shown in DDR's updated balance sheet, DDR will survive through the next real estate boom. ]]>
Simon Property Group: Time to Go Short http://seekingalpha.com/article/117925-simon-property-group-time-to-go-short?source=feed#comment-377624 377624
This is the signal of very serious shortage of cash. Since SPG's leverage was the highest in the US, SPG has no cash left to pay for dividends after paying for interests. Even Vornado is paying only half of its dividends in stocks.

I don't think the US credit market has the generous room now to extend more loans and cash out more for SPG's real estate projects and equipment with overall loan to cost ratio of 95% (equity made of 5%).

]]>
Thu, 05 Feb 2009 18:55:43 -0500
This is the signal of very serious shortage of cash. Since SPG's leverage was the highest in the US, SPG has no cash left to pay for dividends after paying for interests. Even Vornado is paying only half of its dividends in stocks.

I don't think the US credit market has the generous room now to extend more loans and cash out more for SPG's real estate projects and equipment with overall loan to cost ratio of 95% (equity made of 5%).

]]>
Real-Estate Veteran Sees a Rare Opportunity to Buy Quality REITs - Barron's http://seekingalpha.com/article/117817-real-estate-veteran-sees-a-rare-opportunity-to-buy-quality-reits-barron-s?source=feed#comment-377529 377529 LTC) determines equity cash injected into a project when lending. It is more important than Loan to Value Ratio (LTV) which fluctuates signicantly depending on market situations.

The author of this article suggest that SPG is 'well capitalized'. Its balance sheet is far from being 'well capitalized'. Equity cash injection made into most of its real estate projects including equipment was around 5%. SPG seemed to have extended its leverage way too much and much, and the lenders which extended these, impossible 95% LTC construction loans could be in a dire jeopardy. Probably not banks but private lenders with sky hefty interest rates..

Kimco Realty seems to be the far better one. Its balance sheet shows a healthy LTC of 60% for a commercial REIT with a dividend yield of 12.7%. Being the biggest is not always the best, well managed and well capitalized. If overall LTC is only 60%, there wouldn't be any big, major problems when refinancing its real estates with banks.

Why don't you guys check out REITs' balance sheets and come up with LTC ratios first?
]]>
Thu, 05 Feb 2009 17:14:03 -0500 LTC) determines equity cash injected into a project when lending. It is more important than Loan to Value Ratio (LTV) which fluctuates signicantly depending on market situations.

The author of this article suggest that SPG is 'well capitalized'. Its balance sheet is far from being 'well capitalized'. Equity cash injection made into most of its real estate projects including equipment was around 5%. SPG seemed to have extended its leverage way too much and much, and the lenders which extended these, impossible 95% LTC construction loans could be in a dire jeopardy. Probably not banks but private lenders with sky hefty interest rates..

Kimco Realty seems to be the far better one. Its balance sheet shows a healthy LTC of 60% for a commercial REIT with a dividend yield of 12.7%. Being the biggest is not always the best, well managed and well capitalized. If overall LTC is only 60%, there wouldn't be any big, major problems when refinancing its real estates with banks.

Why don't you guys check out REITs' balance sheets and come up with LTC ratios first?
]]>
Real-Estate Veteran Sees a Rare Opportunity to Buy Quality REITs - Barron's http://seekingalpha.com/article/117817-real-estate-veteran-sees-a-rare-opportunity-to-buy-quality-reits-barron-s?source=feed#comment-373930 373930
SPG: Its balance sheet shows an overall loan to cost ratio of 94%.
BXP: Its balance sheet shows an overall loan to cost ratio of 70%.
DDR: Its balance sheet shows an overall loan to cost ratio of 74%.

SPG has the highest probability of going belly up and never survive because of its initial, impossible leverage financing with 94% overall loan to cost ratio. The overall current loan to value of SPG must be over 120% now. As for DDR, its loan to cost ratio is within an acceptable range from prudent commercial lenders' lending point of view. I warrant DDR's survival. ]]>
Mon, 02 Feb 2009 19:52:56 -0500
SPG: Its balance sheet shows an overall loan to cost ratio of 94%.
BXP: Its balance sheet shows an overall loan to cost ratio of 70%.
DDR: Its balance sheet shows an overall loan to cost ratio of 74%.

SPG has the highest probability of going belly up and never survive because of its initial, impossible leverage financing with 94% overall loan to cost ratio. The overall current loan to value of SPG must be over 120% now. As for DDR, its loan to cost ratio is within an acceptable range from prudent commercial lenders' lending point of view. I warrant DDR's survival. ]]>
Evidence That Big Inflation Is Coming http://seekingalpha.com/article/116297-evidence-that-big-inflation-is-coming?source=feed#comment-370504 370504
1. Steep interest rate decrease (9/11 terror)
2. Historic collateral value inflation
3. Historic credit inflation (Money supply to market increased.)
4. Historic credit defaults
5. Historic credit deflation (Money supply to market decreases.)
6. Scarce dollars in the market (Dollars got stronger ever.)
8. Falling prices of goods (=> Mild deflation, We are here now.)
9. Further and further falling prices of goods (=> Hyperdeflation)
10. Prices of goods turning to negative (= Hyperinflation)

Mounting job losses and falling real estate price are the results of depleted money supply in the market.

]]>
Thu, 29 Jan 2009 19:54:57 -0500
1. Steep interest rate decrease (9/11 terror)
2. Historic collateral value inflation
3. Historic credit inflation (Money supply to market increased.)
4. Historic credit defaults
5. Historic credit deflation (Money supply to market decreases.)
6. Scarce dollars in the market (Dollars got stronger ever.)
8. Falling prices of goods (=> Mild deflation, We are here now.)
9. Further and further falling prices of goods (=> Hyperdeflation)
10. Prices of goods turning to negative (= Hyperinflation)

Mounting job losses and falling real estate price are the results of depleted money supply in the market.

]]>
Where Has Microsoft's Growth Gone? http://seekingalpha.com/article/115963-where-has-microsoft-s-growth-gone?source=feed#comment-363284 363284
It seems like hardware maker can make software but software maker cannot make hardware. I don't think Microsoft has the capacity to make super computers that IBM makes. Maybe, it is time for Microsoft to develop super computers to compete with IBM. But, it can't, to be sorry. ]]>
Thu, 22 Jan 2009 14:40:28 -0500
It seems like hardware maker can make software but software maker cannot make hardware. I don't think Microsoft has the capacity to make super computers that IBM makes. Maybe, it is time for Microsoft to develop super computers to compete with IBM. But, it can't, to be sorry. ]]>
Buffett's Latest Headache: U.S. Bancorp http://seekingalpha.com/article/115752-buffett-s-latest-headache-u-s-bancorp?source=feed#comment-362283 362283 Wed, 21 Jan 2009 15:56:57 -0500 S&P 500 Index: 10 Highest Yielding Stocks http://seekingalpha.com/article/112447-s-p-500-index-10-highest-yielding-stocks?source=feed#comment-351351 351351
In addition, DDR will distribute maximum earnings possible through dividends to be exempt from federal taxes on their earnings. Certainly, real estate market is dead, and the current economic downturn is bad enough to increase vacancy. But, that does not mean that all of their real estate holdings and tenants will get sour.

Click on the Dividend Yield row of DDR of the table above, and you will be redirected to a diffent website. The website clearly shows the estimated dividend from DDR in 2009. 19% estimated dividend!

I just bought DDR yesterday. ]]>
Fri, 09 Jan 2009 20:16:39 -0500
In addition, DDR will distribute maximum earnings possible through dividends to be exempt from federal taxes on their earnings. Certainly, real estate market is dead, and the current economic downturn is bad enough to increase vacancy. But, that does not mean that all of their real estate holdings and tenants will get sour.

Click on the Dividend Yield row of DDR of the table above, and you will be redirected to a diffent website. The website clearly shows the estimated dividend from DDR in 2009. 19% estimated dividend!

I just bought DDR yesterday. ]]>
Is the Second Great Depression Imminent? http://seekingalpha.com/article/110739-is-the-second-great-depression-imminent?source=feed#comment-332613 332613 Wed, 17 Dec 2008 20:34:33 -0500