David Zanoni's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/371238/comments http://seekingalpha.com/article/1460891/comments?source=feed#comment-19237741 19237741 Sat, 25 May 2013 09:10:07 -0400 http://seekingalpha.com/article/1460751/comments?source=feed#comment-19229491 19229491
That's a great point. The article highlights mutual fund outflows, but that doesn't necessarily mean that money is flowing out of overall equities at the same rate. ]]> Fri, 24 May 2013 21:03:03 -0400
That's a great point. The article highlights mutual fund outflows, but that doesn't necessarily mean that money is flowing out of overall equities at the same rate. ]]> http://seekingalpha.com/article/1449251/comments?source=feed#comment-19218021 19218021
Well, we've been through it before and I'm willing to go through it again - but the fact is the market is hitting all time highs after recovering from those bear markets and will continue to do so after the next one. The key is that the market always recovers. Dollar-cost average and have an appropriate mix of stocks/bonds/cash according to your age group and you'll be fine.

Perhaps we won't get to 17k this year - maybe we'll have a deep correction soon. Regardless, 17k will come eventually - stocks have been proven to be the best asset class over the long-term. We just have to weather the tough bear markets to enjoy that reward.]]> Fri, 24 May 2013 14:51:55 -0400
Well, we've been through it before and I'm willing to go through it again - but the fact is the market is hitting all time highs after recovering from those bear markets and will continue to do so after the next one. The key is that the market always recovers. Dollar-cost average and have an appropriate mix of stocks/bonds/cash according to your age group and you'll be fine.

Perhaps we won't get to 17k this year - maybe we'll have a deep correction soon. Regardless, 17k will come eventually - stocks have been proven to be the best asset class over the long-term. We just have to weather the tough bear markets to enjoy that reward.]]> http://seekingalpha.com/article/1449251/comments?source=feed#comment-19144181 19144181 Wed, 22 May 2013 21:02:01 -0400 http://seekingalpha.com/article/1449251/comments?source=feed#comment-19098371 19098371 Tue, 21 May 2013 21:40:07 -0400 http://seekingalpha.com/article/1449251/comments?source=feed#comment-19098241 19098241 Tue, 21 May 2013 21:37:28 -0400 http://seekingalpha.com/article/1445381/comments?source=feed#comment-19005821 19005821
Myriad's myRisk diagnostics will be replacing the single-gene tests in 2015.]]> Sun, 19 May 2013 17:48:05 -0400
Myriad's myRisk diagnostics will be replacing the single-gene tests in 2015.]]> http://seekingalpha.com/article/1429381/comments?source=feed#comment-18789731 18789731 Mon, 13 May 2013 20:31:53 -0400 http://seekingalpha.com/article/1423441/comments?source=feed#comment-18666811 18666811 Fri, 10 May 2013 08:34:54 -0400 http://seekingalpha.com/article/1421471/comments?source=feed#comment-18655151 18655151 http://seekingalpha.co... ]]> Thu, 09 May 2013 21:02:34 -0400 http://seekingalpha.co... ]]> http://seekingalpha.com/article/1412741/comments?source=feed#comment-18602521 18602521
You don't think that $13 billion in debt for a $12 billion market cap company is not a lot of debt? That's like saying that the U.S. doesn't have a lot of debt. How much would you consider a lot of debt for CHK?]]> Wed, 08 May 2013 19:50:10 -0400
You don't think that $13 billion in debt for a $12 billion market cap company is not a lot of debt? That's like saying that the U.S. doesn't have a lot of debt. How much would you consider a lot of debt for CHK?]]> http://seekingalpha.com/article/1412741/comments?source=feed#comment-18602431 18602431
Those are great points, but remember CHK is allocating 85% of drilling completion capital to liquid plays. ]]> Wed, 08 May 2013 19:47:04 -0400
Those are great points, but remember CHK is allocating 85% of drilling completion capital to liquid plays. ]]> http://seekingalpha.com/article/1402901/comments?source=feed#comment-18512711 18512711
That's a great combination. I assume you owned COP before PSX was split off. By owning both, you have more diversification among the various segments of the energy sector. ]]> Mon, 06 May 2013 18:45:50 -0400
That's a great combination. I assume you owned COP before PSX was split off. By owning both, you have more diversification among the various segments of the energy sector. ]]> http://seekingalpha.com/article/1402901/comments?source=feed#comment-18512511 18512511
That's a good point - there's plenty of room for dividend growth. ]]> Mon, 06 May 2013 18:41:46 -0400
That's a good point - there's plenty of room for dividend growth. ]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-18292951 18292951
I understand that point, but many small companies don't automatically become large ones either. You can lose a lot of money trying to pick the next winner. I agree to own some small or spec. stocks as a small portion of a portfolio to keep things interesting. However, having a tried and true market-beating position like BRK, which also has low downside risk is wise for the meat of a portfolio IMHO. ]]> Tue, 30 Apr 2013 19:23:30 -0400
I understand that point, but many small companies don't automatically become large ones either. You can lose a lot of money trying to pick the next winner. I agree to own some small or spec. stocks as a small portion of a portfolio to keep things interesting. However, having a tried and true market-beating position like BRK, which also has low downside risk is wise for the meat of a portfolio IMHO. ]]> http://seekingalpha.com/article/1369301/comments?source=feed#comment-18206921 18206921 http://seekingalpha.co...]]> Sun, 28 Apr 2013 21:28:45 -0400 http://seekingalpha.co...]]> http://seekingalpha.com/article/1375051/comments?source=feed#comment-18206781 18206781
It might be difficult to buy the stock at the perfect time. The market is due for a pullback, so maybe the stock will sell-off if we get a correction. It won't matter much in the grand long-term scheme of things, though.

Stay diversified & keep your eye on the long-term.]]> Sun, 28 Apr 2013 21:24:20 -0400
It might be difficult to buy the stock at the perfect time. The market is due for a pullback, so maybe the stock will sell-off if we get a correction. It won't matter much in the grand long-term scheme of things, though.

Stay diversified & keep your eye on the long-term.]]> http://seekingalpha.com/article/1357311/comments?source=feed#comment-18005631 18005631
Feel free to start writing articles for SA to convey your arguments - that way you will get paid each time you make your case. ]]> Tue, 23 Apr 2013 19:28:18 -0400
Feel free to start writing articles for SA to convey your arguments - that way you will get paid each time you make your case. ]]> http://seekingalpha.com/article/1357311/comments?source=feed#comment-18005481 18005481
Sure the stock may continue higher, but that doesn't mean that you should be overly bullish on SAM either. The stock is overvalued as compared to its competitors and overvalued as compared to the market. These conditions don't usually end well - be prepared for a possible steep sell-off eventually. The current valuation is a condition of risk - stay diversified. ]]> Tue, 23 Apr 2013 19:25:21 -0400
Sure the stock may continue higher, but that doesn't mean that you should be overly bullish on SAM either. The stock is overvalued as compared to its competitors and overvalued as compared to the market. These conditions don't usually end well - be prepared for a possible steep sell-off eventually. The current valuation is a condition of risk - stay diversified. ]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-17960001 17960001
Funds are just a managed portfolio of stocks, most of which don't beat the market. Berkshire has proven to beat the market over time and has a price to book ratio of 1.38 as compared to the S&P's price to book of 2.25. I don't consider that a high premium. Berkshire is undervalued as compared to the market. Although BRK is similar to a fund, I see it as a more comprehensive collection of consistently successful businesses. ]]> Mon, 22 Apr 2013 21:32:34 -0400
Funds are just a managed portfolio of stocks, most of which don't beat the market. Berkshire has proven to beat the market over time and has a price to book ratio of 1.38 as compared to the S&P's price to book of 2.25. I don't consider that a high premium. Berkshire is undervalued as compared to the market. Although BRK is similar to a fund, I see it as a more comprehensive collection of consistently successful businesses. ]]> http://seekingalpha.com/article/1357311/comments?source=feed#comment-17955001 17955001
I occasionally have ideas like that - I wish it happened more often ; )]]> Mon, 22 Apr 2013 19:13:26 -0400
I occasionally have ideas like that - I wish it happened more often ; )]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-17885901 17885901
You could actually view Berkshire as a diverse fund, but if you feel comfortable with your rule of thumb, that's fine too. ]]> Sat, 20 Apr 2013 21:22:42 -0400
You could actually view Berkshire as a diverse fund, but if you feel comfortable with your rule of thumb, that's fine too. ]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-17885821 17885821 Sat, 20 Apr 2013 21:18:17 -0400 http://seekingalpha.com/article/1355571/comments?source=feed#comment-17877171 17877171
I do think that BRK-A or B will allow investors to beat the market going forward. Berkshire has beaten the S&P 500 in the past and there is no reason that it won't continue to do so. Berkshire is expected to grow earnings annually at 12% for the next five years. This is higher than the expected growth of the S&P of 9%. That extra earnings growth and the attractive valuation will propel Berkshire higher than the market over time IMHO.

Why would you think otherwise?]]> Sat, 20 Apr 2013 14:51:03 -0400
I do think that BRK-A or B will allow investors to beat the market going forward. Berkshire has beaten the S&P 500 in the past and there is no reason that it won't continue to do so. Berkshire is expected to grow earnings annually at 12% for the next five years. This is higher than the expected growth of the S&P of 9%. That extra earnings growth and the attractive valuation will propel Berkshire higher than the market over time IMHO.

Why would you think otherwise?]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-17865551 17865551
I do my best to give accurate, unbiased information.]]> Sat, 20 Apr 2013 08:43:52 -0400
I do my best to give accurate, unbiased information.]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-17865541 17865541
Excellent point - I just can't afford to own everything that I write about. ]]> Sat, 20 Apr 2013 08:42:22 -0400
Excellent point - I just can't afford to own everything that I write about. ]]> http://seekingalpha.com/article/1355571/comments?source=feed#comment-17856911 17856911 Fri, 19 Apr 2013 20:41:06 -0400 http://seekingalpha.com/article/1341121/comments?source=feed#comment-17638581 17638581 Mon, 15 Apr 2013 09:27:35 -0400 http://seekingalpha.com/article/1339191/comments?source=feed#comment-17637731 17637731
That's a good point - each individual investing situation warrants its own decision. ]]> Mon, 15 Apr 2013 09:15:10 -0400
That's a good point - each individual investing situation warrants its own decision. ]]> http://seekingalpha.com/article/1339191/comments?source=feed#comment-17614371 17614371
Turbo Tax and other software easily handles the reporting of MLPs.]]> Sun, 14 Apr 2013 20:15:04 -0400
Turbo Tax and other software easily handles the reporting of MLPs.]]>