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  • Apple's Cheaper Stock Buyback  [View article]
    I think it would be considerably less than $640 billion. Let's just say that they bought back 5.7 billion shares at $100.00 per share. That's $570 billion. At that point the market value would most likely be well south of $640 billion.
    It is a great article and there is quite a bit of intelligent commenting as usual.
    The possibility of Apple going private is nil.
    Sep 7, 2015. 05:10 AM | 1 Like Like |Link to Comment
  • Stay Away From Seadrill  [View article]
    I got sucked into Seadrill, managing to time it so that I never received a dividend. I lost a substantial percentage of my position, (because I sold on Friday) but not of my overall portfolio. I admit we should have listened more to the bears, but we did have that statement of management to rely on. I usually use Yahoo Finance. I always look at the cash flow and the free cash flow, and I always look at the balance sheet. In my layman's eyes there was no indication of billions of dollars exiting the business. They even have net tangible assets (as of 12/31/13) of over $6B. Why is this negative cash flow not visible somewhere on the balance sheet?
    Nov 30, 2014. 05:52 AM | Likes Like |Link to Comment
  • Linn Energy: Running For The Hills Or Doubling Down?  [View article]
    Of course you can't. LINE and LNCO are 2 versions of the same company.
    Nov 8, 2014. 04:53 AM | Likes Like |Link to Comment
  • The Unsustainable State Of The Florida Property Insurance Market, Part II  [View article]
    This is really a fascinating and educational article. I'm glad I don't own any property in Florida.
    Oct 30, 2014. 04:10 AM | 1 Like Like |Link to Comment
  • Dividends Matter If They Matter To You  [View article]
    IOne flaw in this strategy is that D.S. is assuming that there will be no growth in his portfolio. I am not a financial advisor, but I know one of the most strategic actions to take is to maximize one's tax brackets. So withdrawing the least is seldom the best way to go. Also, I'm not sure if ratcheting up the "risk level" as one ages is an optimum strategy. And finally, someone is going to pay taxes on this IRA. If not he, his spouse or their survivors, so ultimately if there's a very large sum of money, that RMD will work against the beneficiary in a tax-disadvantaged way. I do think Mr. Van Knapp's article is excellent.
    Aug 15, 2014. 04:31 AM | Likes Like |Link to Comment
  • Value Over Glamor: 2 New Studies Reinforce The Argument That Book Value Is The Best Metric  [View article]
    This is really a great thought-provoking article. I hope that many people see it and comment. I always incorporate book value into my buying decisions. I almost always require a company to have net tangible assets. It amazes me that quite a few companies do not even have them.
    Jul 1, 2014. 04:12 AM | Likes Like |Link to Comment
  • Hetty Green: The Grandmother Of Value Investing  [View article]
    I guess she wasn't too shell-shocked by the Depression as she passed away in 1916. I never heard about Warren Buffett driving a twenty year-old car.
    Jun 29, 2014. 08:33 PM | 1 Like Like |Link to Comment
  • Whole Foods Market Is A BMW, Stop Comparing It To A Kia  [View article]
    A Sprouts just opened close to my home in Henderson, NV. It is about a mile from the Whole Foods. It is in a much better location than the Whole Foods, more easily accessed. The Sprouts parking lot is quite full, the store very busy. Forget about Walmart and Trader Joe's (which I love.) Just the competition from the direct competitors will seriously impact Whole Foods. I've been to Whole Foods a few times and feel like I'm being preached to, and I am not the choir.
    Jun 24, 2014. 04:23 AM | 1 Like Like |Link to Comment
  • Why Buying A House Is A Terrible Investment  [View article]
    Homeownership is certainly not for everyone, but to try to make the case that no one should buy a home is ludicrous. A home is a permanent place where you live your life with your family, enriched by your friends. Certainly not everyone makes money buying a home, some lose, some break even and some make lots of money. There are so many factors involved in homeownership, that it is really on a case by case basis. It is the American Dream to own a home, but of course not everyone can have their dreams come true. But generally, a home is not strictly a financial investment, it is an investment in family, and neighborhood, and lifestyle and so it can't be evaluated strictly on financial terms.
    Jun 17, 2014. 03:50 AM | 1 Like Like |Link to Comment
  • Good Results In The TMS Plus The Iraq War May Be Just What The Doctor Ordered For Halcon Resources  [View article]
    I think that is a very tasteless headline. The Iraqis have suffered mightily over the last 10 years and I don't think too many will benefit from the fall of Iraq. Certainly not the United States.
    Jun 16, 2014. 08:32 PM | 1 Like Like |Link to Comment
  • My Top 10 Stock Valuation Ratios And How To Use Them  [View article]
    I think this is a fascinating article, very thought provoking. However, I have a hunch that one has to subscribe to something to determine what these ratios are. And I have to say that I am not sure that there is anything here that will really help with the stock-buying decisions compared with the more traditional metrics. And finally, I do find it slightly odd that the author states that he has "no positions" and then reveals in the comments that he has positions in 2 of the stocks he discussed.
    May 27, 2014. 03:44 AM | 1 Like Like |Link to Comment
  • Buy Twitter Now While It's Trading At A Bargain  [View article]
    "Those who cannot remember the past are condemned to repeat it." (George Santayana) If it isn't obvious that certain tech stocks and certain biotech stocks are in a bubble, then some investors will be rudely awakened in the next year or two. It's not to say that these aren't some very good companies which might be around for quite some time. But to attempt to justify the value which they have right now is utterly astounding. GAAP can and should be ignored. Well, I guess so since every other commonly accepted metric is being overlooked. It's really a shame that universities and colleges don't focus a little more on history.
    Feb 14, 2014. 05:34 AM | Likes Like |Link to Comment
  • Is It Time For Tim Cook To Leave Apple?  [View article]
    When authors lose all their credibility with me, I stop following them.
    Dec 31, 2013. 04:45 AM | 1 Like Like |Link to Comment
  • Apple Would-Be Shorts: Bide Your Time, Apple's Run Will Be Over Soon Enough  [View article]
    Mr. Blair has lost all credibility with me. I will no longer be following him.
    Nov 29, 2013. 05:55 AM | 1 Like Like |Link to Comment
  • Apple Is In Deep Trouble: A Reformed Bull Speaks Out  [View article]
    When someone writes an article like this, he loses much of his credibility. It is very poorly researched and quite biased. Dude, the company made $37,000,000,000. last year. By my primitive calculations it is selling for less than 10 times cash flow. They are buying back millions of shares and returning billions to shareholders. My fellow commenters have ripped to shreds all of his assertions. There are so many mediocre companies out there which deserve to be exposed, but honestly, I challenge the author to name one company better than Apple. I am long AAPL Leaps.
    Oct 24, 2013. 04:18 AM | 11 Likes Like |Link to Comment