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poortorich

poortorich
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  • Herbalife: Advantage Ackman? [View article]
    Read the book The Outsiders. The two ceos who's companies repurchased the most shares were Singleton and Stiritz. Singleton repurchased an astounding 90%+ and Stiritz 60%. They did not use a straw to gulp down shares. They used a suction hose.
    May 1 10:04 AM | 4 Likes Like |Link to Comment
  • Concerning The Performance Of Individual Investors [View article]
    Gio

    What happened to your shades?
    May 1 12:05 AM | Likes Like |Link to Comment
  • Why It Is Hard To Win In Investing [View article]
    Why is it so hard to win in investing?
    Simple. Fear and greed.
    Fear prevents us from buying stocks when they are undervalued. Greed makes us buy stocks when they are overvalued.

    One last point. Patience. Most people cannot accept a stock not moving over a period of a few months let alone a few years.
    May 1 12:04 AM | 1 Like Like |Link to Comment
  • MasterCard Inc.: Read The Fine Print [View article]
    Ozz

    Looks like you're still holding MA. Now I call that buy and hold!
    Apr 30 11:59 PM | Likes Like |Link to Comment
  • Herbalife's Misleading And Bizarre Guidance, Don't Fall For It [View article]
    Wow
    I just went over the earnings transcript and some of the filings.
    The measures HLF have taken to improve the company over the past year has been very impressive. I think it would be very hard to accuse them of being anything but a legitimate company, no matter how much regulators dig.
    In my opinion, this whole episode has actually made HLF a better company.
    Apr 29 09:10 PM | 3 Likes Like |Link to Comment
  • Current Headwinds Fail To Bring Down Clorox; Stock Earns Bullish Rating [View article]
    People keep knocking down CLX for its negative equity. But it just keeps going
    Apr 28 12:45 PM | 1 Like Like |Link to Comment
  • Should You Sell In May? [View article]
    Should we sell in May?
    It depends on valuation of the individual company and tax implications.
    Apr 28 12:44 PM | 2 Likes Like |Link to Comment
  • Why Herbalife Is Heading To $65 [View article]
    Zarth

    You mentioned in one of your comments that not all MLMs are illegal. Can you tell me which ones are legal? Do you think Amway is a legal MLM?

    Thanks
    Apr 28 12:32 PM | 2 Likes Like |Link to Comment
  • Why Herbalife Is Heading To $65 [View article]
    t"we are supposed to be objective"

    Here is a little test to see how perceptive you are

    a) he is a good guy
    b) he is 5 ft 10 inches.

    Which one is a subjective and which one is an objective observation. Now if you can get this straight, apply that reasoning to SandP/moodys and Nielsons.

    If you cant tell the difference, we"ll just move on.
    Apr 27 03:54 PM | Likes Like |Link to Comment
  • Why Herbalife Is Heading To $65 [View article]
    "That reminds me of S and P's AAA rating..."

    The job of S and P and Moody's is to do a SUBJECTIVE analysis of companies and come up with a rating that is HIGHLY SUBJECTIVE. Lieberman and Nielson provide data. You probably knew that already.
    Apr 27 02:44 PM | 2 Likes Like |Link to Comment
  • Why Herbalife Is Heading To $65 [View article]
    Check out Nielson. Im sure you have aleady.
    So i guess that 63% and 87% are made up then. Those are very simple questions that are hard to manipulate. OK. We'll leave it at that.
    Apr 27 01:01 PM | 2 Likes Like |Link to Comment
  • Why Herbalife Is Heading To $65 [View article]
    Much has been made about how little HLF distributors make.
    So I went back and took a look at the Lieberman survey where they asked former herbalife distributors some questions. (Remember, these are FORMER distributors)

    Here are some highlights
    1) 86% of FORMER herbalife distributors expected to earn either nothing or less than $1000 a month. This is contrary to what shorts say, that is most people join to strike it big. Undoubtedly, there are some who may have had very unrealistic expectations created by rogue distributors. But most join with low expectations.

    2) 4% of FORMER distributors joined for full time income, 23% joined for part-time income and 73% joined for product discount for personal use. So the vast majority of people joined either for part-time income or for personal use. Is it then so surprising that people who work part-time earn, umm, part-time money. If I were working part time, I don't expect to earn big bucks.

    Now much has been made about the Statement of Gross Compensation Paid by Herbalife. From my understanding, the numbers ONLY reflect what Herbalife paid out, and does not include the sales of products to others. What then would be the true take home income?

    3) This is the most fascinating data. 63% of FORMER distributors would recommend becoming an Herbalife Distributor and 87% would recommend HLF products to friends and family. That got me thinking...WHY IN THE WORLD would 63% of FORMER members ( remember, these are people who have exited the network) recommend becoming an herbalife distributor, let alone 87% recommend products from a company that just RIPPED you off. I don't know but does that sound like a company that is scamming from 99% of its members. What am I missing here?
    Considering that the job satisfaction in America is only around 45%, the 63% is very revealing.

    I don't trust everything any company says and certainly not people who have a vested financial interest in the outcome of a company. But Lieberman and Nielson are reputable companies whose very existence depends on gathering reliable data. I want data, not opinions or anecdotal stories to sway me.
    Apr 27 12:24 PM | 1 Like Like |Link to Comment
  • Growth Vs. Value Investing - Who Cares? [View article]
    The best stocks are growth stocks disguised as value stocks. The reason is value investors will provide the initial support and spark. Then growth investors will launch it into outer space. The territory covered during that time can be substantial.
    Apr 27 01:01 AM | Likes Like |Link to Comment
  • Why Do Americans Think Housing Is Such A Good Investment? [View article]
    A house is place to rest, sleep and raise a family. It does not compare to owning equities.
    Apr 27 12:58 AM | Likes Like |Link to Comment
  • The Efficient Market Hypothesis, Fact Or Fiction? Part 4 [View article]
    I remember reading Bernstein's book, the The Four Pillars of Investing.
    There are always inefficiencies in the market. The reason most people do not outperform the market is that most do not have the conviction to take advantage of the inefficiencies when they occur. The do the opposite of the correct thing
    (they buy when prices are overvalued and sell when prices are undervalued)
    Apr 27 12:55 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
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