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Uncle Pie

Uncle Pie
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  • Samsung Giving Apple A Run For Its Money [View article]
    Samsung is at 1,406 per share....that's in Korean won, since Samsung Electronics does not trade in the US and US citizens are not permitted to invest in the ADRs which trade in other parts of the world, to the best of my knowledge. If anyone knows of a way for a US citizen to buy Samsung Electronics, please advise. Charlie Rose interviewed Larry Ellison recently, who said that Samsung is probably the best technology company in the world. Just one person's opinion, of course.
    Sep 15 01:01 PM | 1 Like Like |Link to Comment
  • Samsung Giving Apple A Run For Its Money [View article]
    can anyone explain why US citizens are prohibited from buying Samsung ADRs? If you can't invest in it, why write about it?
    Sep 14 08:06 PM | 3 Likes Like |Link to Comment
  • The Right Way To Evaluate Apple: Divide By 10 [View article]
    Exxon has been around for over a century. Apple has superb products and is riding high. Back in the 1980s when Apple went public, Digital Equipment Corp and Wang Labs and Computervision and Prime Computer et al. had superb products and they were riding high. Today none of those companies exist.
    Until just recently, the Blackberry was The superb product and Research in Motion was riding high. Will RIM be around in a few years? Who knows? Stay nimble.
    Feb 18 04:37 PM | 5 Likes Like |Link to Comment
  • The Right Way To Evaluate Apple: Divide By 10 [View article]
    well, Apple has a market cap of about $468 Billion and is earning about $26 billion/year profit currently, and paying out zero in dividends.
    Exxon has a market cap of about $370 Billion and is earning about $41 Billion/year profit, currently, and is paying out about $8.9 billion in dividends to its shareholders per year.
    Pretend there's $468 billion in your checking account. Would you rather spend the whole amount and buy Apple, and get no income, or would you prefer to spend $370 Billion on Exxon, have $98 Billion left over for walking around money, and be getting dividend income of $8.9 Billion each year?
    I am writing this on an Apple computer. But I have to put gas in my car to get to the Apple store.

    disclosure: no positions in Apple, Exxon or Berkshire Hathaway.
    Feb 18 12:31 PM | 4 Likes Like |Link to Comment
  • The Right Way To Evaluate Apple: Divide By 10 [View article]
    If you just arrived here from another planet, would you believe that two of the most expensive companies on this planet have never split their stock and have never paid out a penny to their owners? And yet investors keep bidding the prices higher and higher and higher?
    And people buy ETFs thinking they are getting "diversification" when the bulk of their investment goes into the most expensive companies?
    As the saying is, know what you own, and know why you own it.
    Feb 18 10:21 AM | 1 Like Like |Link to Comment
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