Send Message
View as an RSS Feed
  • Mexico: The Next Venezuela ?  [View article]
    Then should be even further away from the hyper-inflationary Venezuelan doom right :) ? Deflationary forces that derive from a low commodity price and/or improvement in the technology and human capital are POSITIVE not negative in my opinion...By the way, Mexico has a much better demographic profile than North america, hence fundamentally in a better position to avoid the stagnation....
    Oct 6, 2015. 04:38 PM | Likes Like |Link to Comment
  • Mexico: The Next Venezuela ?  [View article]
    and also, MX peso has vastly outperformed other emerging currencies (Lira, Rand, Real and of course the Bolivar). Official 2.8%-3.0% inflation figures may not reflect the Mexico reality of course, but so do not the Venezuela's 65% or what percent, right? How do you see an official 3% as being similar to 65% inflation rate? Thanks
    Oct 6, 2015. 01:48 PM | Likes Like |Link to Comment
  • Mexico: The Next Venezuela ?  [View article]
    But Mexico has also boosted the manufacturing sector, the service sector accounts for 55+% of the GDP, there's a vibrant venture capital/tech startups ecosystem...I don't really see Venezuela as being any close to Mexico to be honest
    Oct 6, 2015. 01:29 PM | Likes Like |Link to Comment
  • Gold investors are making a "major mistake" if they think the latest Fed minutes indicate the end of QE is likely by mid-year or even year’s end, Peter Schiff writes, seeing the recent decline in gold prices as a buying opportunity. The Fed's hands are tied, as any end to buying Treasurys or MBS would result in higher rates that might tip the economy back into recession. Gold finishes the day at $1,648.90, -1.5%[View news story]
    Thanks for sharing your thoughts, Peter Schiff. However, I think that smart investors shouldn't buy gold with closed eyes and be very careful. Looking at the current status of financial markets, we have stocks undervalued (PE <14-15) in many developed and emerging economies, high yield bonds at more than 3.5% yield (Euro side and others). In this environemnt, please give me a reason to allocate financial resources in something like gold that doesn't have ANY yield at all, and a "considerable" volatility. Don't you think that in terms of adjusted return Gold seems a bit "silly" as an investment ?
    Jan 4, 2013. 04:11 PM | 1 Like Like |Link to Comment
  • Zynga's Core Biz In Further Implosion Trouble - Facebook Is Better Off  [View article]
    Exactly James Shaw ! You perfectly made the point (I would just add that the price per share is something like 1.2 times its Cash Flow, and 1.0 times the Revenues).
    For sure, there are better companies out there, but for much better prices! So where does your money come from ?
    In this case we have an "immature" company for a very cheap price...might probably be the case we make some money...hopefully. If not, patience...that's the game, you'll lose 50% on 3% of your portfolio (that's the maximum weight I would give Zynga for a sound Risk Management)...not a big deal!
    Nov 30, 2012. 03:13 AM | 2 Likes Like |Link to Comment
  • Zynga's Core Biz In Further Implosion Trouble - Facebook Is Better Off  [View article]
    do what you want...short it if you want, I'm sure you'll lose your money. I've always been a contrarian, and always made tons of money on doing that ! Greek stocks +50% since august, Italian banks in August +35%.......Euro/USD at 1.19 (do u remember when everyday the WSJ was saying "Europe will end soon"..."Euro is dead".? Where is now the Euro??..)

    I am sure this time is exactly the same! The price is barely worth the book value with the intangible assets already amortized !...Let's see !
    Nov 30, 2012. 02:47 AM | 1 Like Like |Link to Comment
  • Zynga's Core Biz In Further Implosion Trouble - Facebook Is Better Off  [View article] I forgot to mention Gold, where I am obviously SHORT!
    Nov 30, 2012. 02:47 AM | Likes Like |Link to Comment