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giorgiolb

giorgiolb
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  • Tesla: Fundamentally, One Of The Worst Stocks To Buy At The Current Price [View article]
    RS,

    The TSLA supporters are an aggressive bunch when riled. You're taking your life into your hands here...

    But I agree, it's still crazily overpriced based on valuation. I can easily see it falling back into the double digits on the slightest bit of bad news. It's a story stock, you either believe the story or you don't.

    I have no opinion about TSLA's long-term viability, although if I had to hazard a guess, I'd expect the only TSLA models available in 30 years will be those found in auto museums. Despite all the "disruptive technology" hype, it's still a fledgling auto company.

    It's too dangerous to short IMO. A safer play is buying some long-dated puts.
    Nov 25, 2013. 03:06 PM | 6 Likes Like |Link to Comment
  • Bill Ackman Will Swiftly Drop The Firm Hammer Of Justice Against Herbalife On Friday [View article]
    "how does an athletic 44 year old die of heart failure?"

    anabolic steroids.
    Nov 25, 2013. 02:46 PM | Likes Like |Link to Comment
  • Herbalife: Pyramid Scheme Or Goldmine? [View article]
    Or Ackman could have went long on HLF and shorted JCP.
    Nov 25, 2013. 02:01 PM | 3 Likes Like |Link to Comment
  • Stop The Presses: Academics Confirm That Buffett's Success Is No Mystery [View article]
    "And then there's cheap AND tasteless"

    Hey, no need to get personal, Miz.

    I freely admit to being cheap and am often accused of being tasteless...
    Nov 24, 2013. 04:41 PM | 1 Like Like |Link to Comment
  • What's Your (Dividend Growth) Number? [View article]
    RAS,

    "giorgio, I agree, but what if the market has a big down year while my income has a big up year? "

    If you mean your taxable income has had a big up year, then yes, that's a problem since ROTH conversions are taxed at your marginal tax rate.

    But all things being equal, you'd be able to convert a greater percentage of your Trad IRA into a ROTH when the market is down 25% than when it's up, like it is right now with S&P500 at all time highs.
    Nov 24, 2013. 03:55 PM | 1 Like Like |Link to Comment
  • Stop The Presses: Academics Confirm That Buffett's Success Is No Mystery [View article]
    Miz,

    There's taste and there's cheapness, two different concepts.

    When I want a GREAT meal, Mickey D's isn't at the top of my list. It's not even ON my list for that matter.

    ...and neither is OG.

    Hah.
    Nov 24, 2013. 03:23 PM | 3 Likes Like |Link to Comment
  • Bill Ackman Will Swiftly Drop The Firm Hammer Of Justice Against Herbalife On Friday [View article]
    "From an ethics standpoint, I don't have an issue with shorting stock - and you shouldn't either."

    I don't have an ethical problem with shorting an overvalued stock, or shorting as a hedge.

    I do have a problem with shorts who attempt to bring down companies in the name of "being ethical" and "doing the right thing".

    Like any short, Ackman's out to make money and nothing more.
    Nov 22, 2013. 12:54 PM | 3 Likes Like |Link to Comment
  • Herbalife: Pyramid Scheme Or Goldmine? [View article]
    "Ackman maintains that HLF is a pyramid scheme and all indicators are that he is right."

    All except the only one that counts.
    Nov 22, 2013. 11:12 AM | 11 Likes Like |Link to Comment
  • Stop The Presses: Academics Confirm That Buffett's Success Is No Mystery [View article]
    extreme,

    Yup, I understand the compliance issues. While designed to protect the investor, they also keep him in the dark.

    I'm no fan of annuities either. They serve a purpose in specific instances, but are too often sold inappropriately to a naive audience.
    Nov 22, 2013. 11:00 AM | 5 Likes Like |Link to Comment
  • What's Your (Dividend Growth) Number? [View article]
    RAS,

    The ideal time to make such ROTH conversions is when the market has a big down year.

    It's one way of making lemonade out of lemons.
    Nov 22, 2013. 10:33 AM | 1 Like Like |Link to Comment
  • Stop The Presses: Academics Confirm That Buffett's Success Is No Mystery [View article]
    Extreme,

    Nice comment.

    The livelihood of a large segment of the financial services industry depends upon convincing people that nobody can beat Fama-French for any extended length of time.

    And it you do outperform, you've taken on more risk than you realize.

    And if you do understand the risks, you were probably just lucky...
    Nov 22, 2013. 09:49 AM | 8 Likes Like |Link to Comment
  • Can You Uncouple Your Investment Success From Mr. Market? [View article]
    David,

    I'm not much of a Cramer-watcher, but I do remember him doing his goofy schtick about the virtues of buying "accidental high-yielders" a few years ago, when dividend-payers were selling at value prices.

    I don't know how long that phase lasted however because Cramer's buy/sell opinions change with the breeze.
    Nov 22, 2013. 09:18 AM | 4 Likes Like |Link to Comment
  • Can You Uncouple Your Investment Success From Mr. Market? [View article]
    Aye aye, my captain.
    Nov 21, 2013. 07:41 PM | 1 Like Like |Link to Comment
  • Can You Uncouple Your Investment Success From Mr. Market? [View article]
    David,

    They already award Nobel prizes for peace and economics, a prize for comedy would be redundant...
    Nov 21, 2013. 03:04 PM | 6 Likes Like |Link to Comment
  • Can You Uncouple Your Investment Success From Mr. Market? [View article]
    Eddie,

    Yup, it's probably the easiest, but some pretty unsavory characters have won the peace prize over the years. Dave deserves better...
    Nov 21, 2013. 01:37 PM | 4 Likes Like |Link to Comment
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