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Balance sheet guru

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  • ETN Showdown: MLPL, A Great Play For An Oil Rebound [View article]
    Wait until tax selling time in December.
    Aug 27, 2015. 07:07 AM | 2 Likes Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    BDCL generally has only a minority of positions in oil.It may the biggest steal at these prices. Wait, however, until tax selling at the end of the year.
    Aug 27, 2015. 06:54 AM | Likes Like |Link to Comment
  • Pershing Square Holdings: Love Him Or Hate Him, Bill Ackman Is Worth Investing In [View article]
    Einhorn has not been performing. He is overloaded in AAPL and MU. Why pays fees on buying Apple.Huh?
    Aug 27, 2015. 06:43 AM | Likes Like |Link to Comment
  • VQTS: A Large Cap Investment That Protects Itself [View article]
    VQTS lost some good money on Friday and did not switch fast enough.
    Aug 23, 2015. 04:46 PM | Likes Like |Link to Comment
  • The Correction Everyone Asked For, But Nobody Wants [View article]
    OK,so let everyone make a list of the best stocks that have been beaten down to buy that are on sale and report on Seeking Alpha and back up your suggestions.
    Aug 23, 2015. 04:28 AM | 6 Likes Like |Link to Comment
  • An Update On UBS's ETRACS 2X Leveraged ETNs [View article]
    Thanks Benitus. I am licking my chops and looking forward to the end of the year. If prices with the current drop Friday get worse as these instruments make a new low, I may be enticed to start a position. The yields on these instruments are not going away and it is a matter of what people are willing to pay for them. When the suckers have to sell to drive prices down and create these wonderful yields for us as new entrants, I must pay attention. 20% plus a year and compounding the reinvested dividends forever sounds pretty good to me. It's just a matter of choosing the right entry point which is here or coming soon. I like the end of year tax selling time.
    Aug 23, 2015. 04:13 AM | Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Again, the overall body of work this year for Einhorn has been mistimed and poor and even with these great individual "calls".
    Aug 23, 2015. 04:04 AM | Likes Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    Great Real,

    Your negative bias for CEFL may be right for now and what has happened over the past year, but you cannot deny that all the "income" from all the components of CEFL wil not disappear. It is a matter of what level someone is willing to pay for it. We are at a level that may soon to be too enticing to ignore 20% plus returns going forward forever more. Additionally, the components are selling for very significant and unusual discounts to NAV. If you have never invested yet in CEFL and BDCL we may be approaching a panic bottom that looking back a couple of years from now you may never see again. I believe that last chance will be at tax selling time in late December. To start investing in these instruments at this level after everyone else has lost is a big advantage because you are entering at a very high yield which will pan out form a total return standpoint even if the principal may drop a bit form here. Much of the risk entering now has been taken out. If you invested a million bucks here at this level, you should earn at least $200,000 plus a year for the rest of your life,no matter what the stock price is at. If your reinvest all the dividends you will own almost double more stock and more income holding let's say for at least 5 years.
    You will more than get your money back and a free ride the rest of your life.
    Aug 23, 2015. 03:58 AM | Likes Like |Link to Comment
  • Annaly Capital Management: Leading The mREITs Out Of The Woods [View article]
    How about the mREIT UBS ETRACS 2X leverage vehicle (MORL)

    25% return
    Aug 21, 2015. 12:48 AM | Likes Like |Link to Comment
  • An Update On UBS's ETRACS 2X Leveraged ETNs [View article]
    Yes, this gives us a chance at the very end of the year to swoop in at their expense. I think that there will be a wonderful entry point coming this late December. After Januiary, no tax selling threat until December 2016. If ETRACS do well or break even there may be little or no tax selling December of next year and we may thus have clear sailing
    unless the market totally tanks like 2008 and there is random selling.
    Aug 20, 2015. 09:22 PM | Likes Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Loeb has made me an annualized 20% a year since 1996. Not worth following? Enough said.

    A few short calls by Einhorn to get in the media does not make a portfolio.
    How about the rest of the portfolio this year? A failure so far.
    Aug 20, 2015. 09:16 PM | 1 Like Like |Link to Comment
  • Alliance Resources: Profitable In The Most Dire Conditions [View article]
    Thanks John,

    At least I know there is more than one additional not perfect person out there in calling the market. I wonder if Obama shorted coal stocks before his latest rant. TRUMP all the way!!
    Aug 20, 2015. 01:24 AM | Likes Like |Link to Comment
  • An Update On UBS's ETRACS 2X Leveraged ETNs [View article]
    More likely this year closed end funds will get further destroyed at the end of the year due to tax selling and then sell for big discounts to NAV. At the very end of December you should consider buying when they will readjust in January, they should be clear sailing. entry point is very important in these leveraged vehicles.
    Aug 20, 2015. 01:17 AM | 1 Like Like |Link to Comment
  • Tracking David Einhorn's Portfolio - Q2 2015 Update [View article]
    Your Einhorn numbers are wrong. He is down more than 9% for the year.

    http://reut.rs/1J1SScu
    Aug 19, 2015. 05:44 PM | 1 Like Like |Link to Comment
  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    Semantics. Just under 10%. However. some of his positions in August have become even worse and now he is for sure down double digits. He has failed to keep up his prior annualized rate of return for several years now.
    The fact is that he has been trailing the S & P, and being paid big fees to boot. Consider putting your bets on Dan Loeb and perhaps buy TPRE. He is one of the best activists in the world and is UP for the year in his private funds.
    Aug 19, 2015. 05:40 PM | 1 Like Like |Link to Comment
COMMENTS STATS
387 Comments
335 Likes