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  • Visa Swells Abroad As It Better Navigates The Adoption Of Dodd-Frank [View article]
    You are right Chuck:

    "China’s UnionPay Data has a monopoly on handling yuan payments. Visa is the world’s largest credit payments processor and would love a piece of that action."

    Still Visa has an impressive growth in Asia-Pacific even without China.

    Not being present in China is bad. On the other hand it's a still unexplored massive opportunity.
    Jul 29, 2013. 12:01 PM | Likes Like |Link to Comment
  • Visa Swells Abroad As It Better Navigates The Adoption Of Dodd-Frank [View article]
    "With its global position and reputation, Visa will be looking to gain market share in these emerging markets."

    Yes, absolutely. I am expecting this to go on for at least five more years.
    Jul 25, 2013. 05:59 PM | 1 Like Like |Link to Comment
  • Moody's And S&P: Lawsuits Can Be A Good Thing For The Value Investor [View article]
    You were absolutely right! I was thinking mire or less along the same lines but entered far "too late" at USD 52 with a miniscule position and... I sold it last week for USD 56 for minimal profit!

    My timing sucked, the short holding period sucked and went against my principles. Now MHFI is already at 58.71 and I guess it will continue growing steadily.
    Jul 15, 2013. 02:54 PM | Likes Like |Link to Comment
  • Visa: A Buy On Future Growth Potential [View article]
    No, Visa's p/e is about 25. This 81 figure is wrong and is probably based on the provision for the DoJ settlement.
    Jul 8, 2013. 06:08 PM | 1 Like Like |Link to Comment
  • Updated: WFC Is Still Undervalued [View article]

    I also don't like the generalisation "those banks" and I too like WFC better than many other US banks.

    But let's be frank with Freddie and Fannie, they weren't the primary culprits for all those subprime (crappy) mortgages. A lot of it was privately driven and banks plaid crucial role.
    Jul 6, 2013. 04:23 PM | Likes Like |Link to Comment
  • Tapering: The Fed Means It [View article]
    "The "losses" represent money that cannot be easily removed from the economy when it heats up."


    Yes, you are exactly right!
    Jul 6, 2013. 04:08 PM | Likes Like |Link to Comment
  • Tapering: The Fed Means It [View article]

    Honestly, you don't get the point. The Fed is beyond profit or loss. It is the creator of money out of the thin air. The Fed doesn't care about "profit" or "loss" as those categories make no sense to the Fed from the standpoint of its main functions.

    So even if the Fed buys, as part of QE, a treasury for USD 1000 and then sells it at USD 800, the Fed doesn't care. What the Fed cares is that the amount of money in circulation is the optimal one.
    Jul 6, 2013. 04:07 PM | Likes Like |Link to Comment
  • How Apple Can Help You Retire When You Want [View article]
    The main thesis of the artilce is okey but the stock is wrong. Apple is precisely what people close to retirement should not be buying.

    Apple my have a wonderful future but it is far too risky for the risk averse pensioner.
    Jul 1, 2013. 08:22 AM | Likes Like |Link to Comment
  • Evaluating Norfolk Southern's Intrinsic Value [View article]

    Where do you take that 2018 target price from?

    Basically, I agree with you. NSC is a "hold" and should go up as the US accelerates growth in 2014-2015.

    Shares are probably not a value play right now as they were 6 months ago. But the price seems about fair.
    Jun 11, 2013. 05:37 PM | Likes Like |Link to Comment
  • Hedge Funds Are Buying These 3 Undervalued Property & Casualty Insurance Stocks [View article]
    The estimates are for negative EPS growth in 2014...
    Jun 11, 2013. 05:15 PM | Likes Like |Link to Comment
  • Why XL Group Is A Compelling Long-Term Buy [View article]

    You were right - shares are up 50% since your article.

    I am not sure that XL is still a buy, though. It certainly trades at a relatively low multiple, cheaper than its peers but the estimates for 2014 are for flat earnings and probably that is why.
    Jun 11, 2013. 05:04 PM | Likes Like |Link to Comment
  • The Paradigm Shift Has Begun - This Isn't Going To Be Pretty [View article]
    Totally agree with Julian. The stocks in my portfolio did not change their value on a p/e basis compared to a year ago but they appreciated by more than 20%. All that based on increased earnings.

    I don't see direct link with QE. Indirect, yes.
    Jun 11, 2013. 02:45 PM | 1 Like Like |Link to Comment
  • SodaStream: When Will The Madness End? [View article]
    Bill, I agree baically with your logic.

    But I think that Barclays' upgrade was not based on speculation about a takeover but rather on SODA's growth potential. It seems that at least part of this recent run is based on Barclays' upbeat stance on SODA.
    Jun 11, 2013. 08:07 AM | 2 Likes Like |Link to Comment
  • S&P 500: Do Not Buy This Dip [View article]

    These things are notoriously very hard to predict. The best way to go is to look for a good opportunity and put a bit of money in, wait till it grows by 10-12% and put a little bit more in another one. And so on. Of course going suddenly all in at any point in time is precarious.

    If you want to invest, start now with a small sum.

    Buy a bit of Visa (outstanding, high margin, high barriers of entry business) or FedEx (somewhat undervalued with nice potential for 2014).
    Jun 10, 2013. 05:23 PM | 1 Like Like |Link to Comment
  • With Significant Upside Potential, Valero Is A Buy On The Recent Pullback [View article]
    A recent spin off! CST, that's what makes me excited!
    Jun 9, 2013. 01:53 AM | Likes Like |Link to Comment