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  • CEO pay vs. performance [View news story]
    as a stock holder, I have every right to judge.

    end of conversation.
    Jun 29, 2015. 02:34 PM | 2 Likes Like |Link to Comment
  • 'Ye Of Little Faith' What Has It Cost You? Part 1 [View article]
    I remember Buffet being portrayed as a buffoon on CNBC right before the dot com bust as he insisted the valuations were going to crumble. Never heard a bad word about him since.

    If you got your good companys at a fair price it will always work out.
    Jun 26, 2015. 04:32 PM | 1 Like Like |Link to Comment
  • 'Ye Of Little Faith' What Has It Cost You? Part 1 [View article]
    Thanks Chuck, very insightful.

    I keep some funds for "a rainy" day because I am something of a pessimist. 17.63% pessimist to be exact. This is money I do/will/would buy good companies with when mr market is afraid (hopefully I will not be!).

    Which means that I am 82.37% an optimist!

    All some people see is the money they lose when they buy a good stock and the market turns. What they do not see is the money they have lost by FAILING to buy a good stock and then the stock does well later. Ironic, that they have no fear of that "lost" opportunity in the same way that they have a "fear" of loss that is less likely.

    Certainly, valuation matters (FAST Graphs!). Certainly buying in a dip is better than buying at a peak. But only a fool thinks he can predict the future of the market. I know....I've been one! But the failure to act and own a company that you believe will do well because you have more "faith" in an imminent market failure is sad. The sky will not always fall chicken littles (and when it does it will not fall forever).

    I have used this example before. If you bought at the "big crash" in 1987 you probably got a good deal. Ironically, not as good a deal as you would have had having bought about 18 months earlier since the bottom was still higher than than the market in all of 1985. If you started waiting for the "crash" in 1982-5 you lost a HUGE opportunity to do well. If you sold after the crash you also lost.

    Waiting to buy a good company when it is cheap is like waiting for a pretty girl to not be busy on the weekend before you ask her out. It's more likely you will never get a chance to do well than you will catch her desperate for your attention.
    Jun 26, 2015. 04:24 PM | 6 Likes Like |Link to Comment
  • 'Ye Of Little Faith' What Has It Cost You? Part 1 [View article]
    "The key to reading chuck's articles is stop reading when you see a FAST graph."

    in other words...

    "I can't read or understand graphs"
    Jun 26, 2015. 01:46 PM | 12 Likes Like |Link to Comment
  • AT&T declares $0.47 dividend [View news story]
    mo money
    mo money
    mo money

    (dating myself here)
    Jun 26, 2015. 01:33 PM | 15 Likes Like |Link to Comment
  • This Healthcare REIT Creates Value From The Ground Up [View article]

    "there are other high-quality REITs that I can buy at discount prices. As mentioned, I plan to include a detailed analysis of Omega Healthcare Investors"

    it was a new sentence but not a new paragraph ... though, maybe I read too much into that.
    Jun 26, 2015. 01:25 PM | Likes Like |Link to Comment
  • The One Lesson About Warren Buffett's Success That No One Wants To Hear [View instapost]
    some great points!

    "Remember, knowledge accumulates over time just like compound interest"

    reminds me of Euclid..."there is no royal road to geometry".
    Jun 25, 2015. 01:00 PM | 1 Like Like |Link to Comment
  • Duke Energy (DUK) Dividend Stock Analysis [View instapost]
    I am not buying DUK below 5% yeild, but holding. It has been a great company (other than the post Enron years when it was just holding ground).

    Having said that.... 0 stars and 62.6% premium? It is expensive ... but I would not have guessed it was anywhere near that expensive.
    Jun 25, 2015. 11:29 AM | Likes Like |Link to Comment
  • This Healthcare REIT Creates Value From The Ground Up [View article]
    Is it a coincidence that almost every article on HC-REIT's mentions OHI as a better choice?

    long SNR and OHI :-)
    Jun 25, 2015. 11:20 AM | Likes Like |Link to Comment
  • CEO pay vs. performance [View news story]
    Is that not the biggest joke ever? We will pay someone to tell us that we should be paid ... clearly, more.

    I wish I could hire someone to set my pay. I would pay them well for that service....wouldn't you?
    Jun 25, 2015. 11:13 AM | 4 Likes Like |Link to Comment
  • CEO pay vs. performance [View news story]
    That is not the cloth from which these leaches are cut. The only reason that would ever happen was to preserve the pay for the next year (to keep from being removed).
    Jun 25, 2015. 10:10 AM | 8 Likes Like |Link to Comment
  • CEO pay vs. performance [View news story]
    Narcissism is the culprit.

    These modern day "kings and queens" of the corporate world behave as if they believe it is their god given destiny to rule from golden thrones in ivory towers all the dirty peasants that live in "their" kingdom. We workers and shareholders only exist to invest and work to fuel their righteous and glorious (perhaps even divinely inspired) ride to the top.

    Oh, pretty memorized words flow from well learned doubt. But actions speak louder than words. And the words sound nothing like the reality of what they REALLY think about egregiously excessive pay for one years service to a company.

    It is mine.
    I am worthy.
    I have earned it.
    I deserve it.
    I'm better than CEO's of the past.
    Don't you question me about it.
    The knights of the round table have approved my riches and it matches the riches of "generic kingdom x".

    All hail me and my 10's of millions of dollars....this should be even more next year.
    Jun 25, 2015. 09:58 AM | 5 Likes Like |Link to Comment
  • CEO pay vs. performance [View news story]
    "Otherwise why else do they exist?"

    AZ Desert Trader, You have asked a valid question. However, your question implies it has a logical answer that matches reality.


    They "exist" (function) now to PLACATE shareholders and enrich themselves to the highest level tolerated before being removed.

    Numbers don't lie. Shareholder value has not increased to match CEO pay. Customer satisfaction and corporate deliverables have not increased to in line to match CEO pay. Wages and compensation for the workforce have not increased to matched CEO pay. GDP and economic growth have not increased enough to match CEO pay....and on and on. Pick a measure of success that matches the growth of CEO pay. I suggest you will struggle.

    These people are a new breed (unlike most CEO's in the middle of the last half century) of amoral vampires who keep coming back and taking more and more blood, but, just short of what it takes to kill the they can keep coming back again and again.
    Jun 25, 2015. 09:18 AM | 18 Likes Like |Link to Comment
  • Chevron: Which Analyst Call Is Right? [View article]
    I don't think the smart long term money is selling. But what do I know!

    I'm not really concerned about the temporary shifts in geo-politics that ALWAYS shift oil prices around. That just seems like a never ending part of the business. I AM worried about investments in places like Nigeria where it could mean devastating or even complete losses of an entire country's business. Unless the margins are like 50%, I can't see why anyone would take the risk.

    I predict we will look back and say "CVX at 100? ... what was I thinking?! The issue is weather it will be next year or next decade...and weather we might also say "I should have waited and bought at 75".

    I guessing CVX will just drift down till things turn around. Maybe closer to 85 and 2-3 years before it goes up strongly. I'm (like everyone else) notoriously rubbish at calling the bottom.

    In any case, I'll collect 4%+ while I wait.
    Jun 25, 2015. 09:01 AM | 1 Like Like |Link to Comment
  • Should You Ever Overpay For A High Growth Company? [View article]
    Whenever I think I want to buy a high PE (or no PE) company, I typically start small (if I buy at all). If an opportunity comes up to double down at a significantly smaller place I have some dry powder.

    I failed to buy Amazon when it was way overpriced 15 years ago and I have never forgiven myself for not at least taking a small dip in the pool.
    Jun 24, 2015. 11:13 AM | 1 Like Like |Link to Comment