Avooch

Gold Transforming into a Completely Demonetized Wealth Asset

Buffet bought BNI because he wanted to dump Dollars and hold hard assets


see analysis here

gudovac1941.blogspot.c...

Cramer Does It Again with CIT Call

Cramer = sell side

Toward a New Theory of the Cost of Equity Capital: Part 2

Owner - Managers will view cost of equity with a very different lens than Investors (be they PE whores or others).

Boring? We Love Boring in Private Equity

Private Equity - is simply a scheme for guys to skim fees from their investors - 3/4 of income PE 'workers' earn are from fees.


your 1/3; 1/3; 1/3 split implies a minimum hurdle rate of 30% (after fees)

--------------------
Don't Get Massacred !

Gudovac1941

Hands Off Goldman Bonuses

Goldman was bankrupt except for the grace of US taxpayers

6 Dividend Stocks for Current Income

Nice Article.

A sleeper dividend stock is CSX - should generate 8% CAGR

analysis

gudovac1941.blogspot.c...

Asset Valuation and the Dollar

wrong

How GE Beat Our Consensus

anyone who wants to own GE should look at this report on their loan loss reserves.

gudovac1941.blogspot.c...

--------

Don't Get Massacred !

Gudovac1941

MAPI quarterly business outlook: While the economic recovery in manufacturing is likely to be marked with numerous rough patches, signs are finally emerging that the sector can expect brighter days ahead. MAPI's composite index rises to 38 from 24 in Q2, still squarely in contraction territory, but forward-looking indexes are at much higher levels.

Backlogs and Bookings are still low, would not get too far ahead of ourselves.

Report on Emerson backlog & bookings
gudovac1941.blogspot.c...

-----------------------
Don't get Massacred !

Great op-ed by author Calvin Trillin, who explains the real reason the financial system nearly collapsed in the fall of 2008: The smart guys did it.

True - In my College graduating class of the late 1970's; the dullest guys studied business and went to work on Wall Street. These were the clowns who hung out on the lawn all day and took every single gut course. Dull doesn't even begin to describe them. By the time my daughter graduated from the same school (middle tier Ivy), it was the smartest most driven kids.

-------------------
Don't Get Massacred !

Aug. Business Inventories: -1.5% vs. -1.1% last month and consensus -1.2% - the biggest drop since Dec. 2008. Car inventories -7.9%, biggest drop since 2001. Sales +1% vs. July. Inventory/sales ratio 1.33 months' worth, down from 1.36 in July.

Disaster - look at the unadjusted numbers for manufacturing (ex-Autos)

------------------------
Don't Get Massacred !

Gudovac1941.gmail

Initial Jobless Claims: -33K to -521,000, the lowest level since January, vs. consensus of -540K. Continuing claims -72K to 6,040,000.

The only valid number is number of people employed, it keeps dropping.


----------------------...

Don't Get Massacred !

Gudovac1941

Emerson Electric (EMR) to acquire Avocent (AVCT) for $1.3 in cash, or $25/share - a 22% premium to Monday's close (PR). Emerson - a maker of industrial-automation equipment, power systems and heating and cooling gear - will apply Avocent's infrastructure management technology to its network of power systems, energy management and precision cooling services to boost energy efficiency. EMR +0.2%. AVCT +20.7%.

but you paid too much .........

gudovac1941.blogspot.c...

Emerson / Avocent: Checking the Synergies

Price Paid is too high -

analysis here

gudovac1941.blogspot.c...

Having closed the sale of its assets to GM and its lenders, auto parts maker Delphi (DPHIQ.PK) emerges from bankruptcy after four years with four of 44 plants left and just 14,000 of its more than 50,000 workers: a regrettably bumpy ride, according to former CEO Steve Miller, who - after reducing his salary to $1 - faced picket signs saying "Miller isn't worth a buck."

14,000 employees and 4 plants ?

Look to see more layoffs

-------------------------

Don't Get Massacred !

Gudovac1941