dgodfrey's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/399989/comments http://seekingalpha.com/article/1048061/comments?source=feed#comment-12415501 12415501
Time will tell if the oil & gas acquisitions were in-artful hedges of an inherent energy short position of a copper miner that carry a boatload of other risks.

Good luck to longs.

The trend in FCX, for now, is down.]]> Sun, 09 Dec 2012 09:47:58 -0500
Time will tell if the oil & gas acquisitions were in-artful hedges of an inherent energy short position of a copper miner that carry a boatload of other risks.

Good luck to longs.

The trend in FCX, for now, is down.]]> http://seekingalpha.com/article/1048061/comments?source=feed#comment-12309291 12309291 Thu, 06 Dec 2012 07:10:54 -0500 http://seekingalpha.com/article/797641/comments?source=feed#comment-9806051 9806051
not likely to get a response from the author since he has a fixed approach to what he does that is based on backward looking data.

it can be helpful, but doesn't always work.]]> Mon, 24 Sep 2012 15:10:47 -0400
not likely to get a response from the author since he has a fixed approach to what he does that is based on backward looking data.

it can be helpful, but doesn't always work.]]> http://seekingalpha.com/article/793111/comments?source=feed#comment-8570621 8570621
Further, I don't know what the logic of a 35 year sample period is. Perhaps you could elaborate on this.

If you redo the sample period at simply 30 years, I believe you would get somewhat different results, which is consistent with my earlier comment that I do not believe your seasonality analysis is providing meaningful information.

Best wishes.]]> Mon, 20 Aug 2012 08:14:51 -0400
Further, I don't know what the logic of a 35 year sample period is. Perhaps you could elaborate on this.

If you redo the sample period at simply 30 years, I believe you would get somewhat different results, which is consistent with my earlier comment that I do not believe your seasonality analysis is providing meaningful information.

Best wishes.]]> http://seekingalpha.com/article/797641/comments?source=feed#comment-8570231 8570231 Mon, 20 Aug 2012 07:50:48 -0400 http://seekingalpha.com/article/797641/comments?source=feed#comment-8525381 8525381
I agree that past return on invested capital and what you have to pay to own that return is helpful in assessing investment opportunities. What is not captured by this type of rating system is how companies business prospects change over time, especially during changes from relatively poor business conditions to relatively better business conditions.

Since your article was published (August 10) RZW has already strongly outperformed the S&P 500 on a risk adjusted basis. Time will tell whether this will continue.

The inherent design of RZW attempts to capture the "pure value" companies within the S&P 600 (small cap universe, as articulated by S&P's index). If you like the concept of "value" investing, and you like the idea of selecting the best values from within the S&P small cap pool to invest in, from time to time this index may in fact turn out to be quite a nice one to own.

I hope you will revisit your article a few times over the next weeks, months and year to see how your prediction turns out. For now the trends look to be changing to FAVORABLE for RZW and personally I like the operational definition of "undervalued" . . . that which appreciates in price.

Best wishes.]]> Sat, 18 Aug 2012 01:06:07 -0400
I agree that past return on invested capital and what you have to pay to own that return is helpful in assessing investment opportunities. What is not captured by this type of rating system is how companies business prospects change over time, especially during changes from relatively poor business conditions to relatively better business conditions.

Since your article was published (August 10) RZW has already strongly outperformed the S&P 500 on a risk adjusted basis. Time will tell whether this will continue.

The inherent design of RZW attempts to capture the "pure value" companies within the S&P 600 (small cap universe, as articulated by S&P's index). If you like the concept of "value" investing, and you like the idea of selecting the best values from within the S&P small cap pool to invest in, from time to time this index may in fact turn out to be quite a nice one to own.

I hope you will revisit your article a few times over the next weeks, months and year to see how your prediction turns out. For now the trends look to be changing to FAVORABLE for RZW and personally I like the operational definition of "undervalued" . . . that which appreciates in price.

Best wishes.]]> http://seekingalpha.com/article/620761/comments?source=feed#comment-5884861 5884861
They will be well positioned to do a buy back at 50% or more below the offering price; and with decent PR, may even get credit for "helping out their investor 'friends' ". Whether FB would or could actually do such a buy back is, of course, purely speculative.

Thanks to Brian for his research and diligence in pointing out the pattern in these recent IPOs.]]> Tue, 29 May 2012 00:22:41 -0400
They will be well positioned to do a buy back at 50% or more below the offering price; and with decent PR, may even get credit for "helping out their investor 'friends' ". Whether FB would or could actually do such a buy back is, of course, purely speculative.

Thanks to Brian for his research and diligence in pointing out the pattern in these recent IPOs.]]>