User 5968921

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  • Alaska - Less Than 10 Years Of Oil  [View article]
    The historical stuff about Alaska oil production is interesting enough, but more effort should have been expended on tying it to an investment thesis.
    Shorting a company that is already down is not much of a strategy.
    I say this as someone who generally likes the authors articles.
    Jun 1, 2015. 02:40 PM | Likes Like |Link to Comment
  • Warren Buffett Sells Berkshire Hathaway's Entire Stake In Exxon Mobil: Let's Analyze What Happened  [View article]
    One potential issue I see concerning the FROIC number:
    Do you find it problematic to use shareholders' equity for a company that has huge amounts of goodwill and intangibles?
    For Exxon Mobil there is no problem, as Total shareholders' equity and Net Tangible Assets are the exact same, but take a company like Procter & Gamble with 69B in Total shareholders' equity and a rather smaller -15B in Net Tangible Assets.
    Would you be comfortable using the 69B number?
    Feb 23, 2015. 03:22 PM | 1 Like Like |Link to Comment
  • Exxon: Time To Buy As Oil Crashes Hard?  [View article]
    "I bought at 90. I'll buy again if it goes below that."

    welcome, identical twin.
    Jan 8, 2015. 03:58 PM | Likes Like |Link to Comment
  • Why Buy-And-Hold Doesn't Work For Investor Wealth Builders  [View article]
    Buy and hold does not mean you never sell, it means you only sell if the business is deteriorating, not out of panic from a general sell off.
    The goal is not to hold a company with a broken business model all the way to bankruptcy, but to avoid giving all your gains away in transaction costs.
    Dec 9, 2014. 06:15 PM | 3 Likes Like |Link to Comment
  • Coca-Cola: A Good Dividend Pick?  [View article]
    "The Coca-Cola Company's (KO) stock has almost doubled over the last five years - an amazing performance for a stock operating in a maturing industry." This is dribble too. Coke only doubled because its share price was cut in half due to the 2008 meltdown.
    Mar 12, 2014. 02:22 PM | Likes Like |Link to Comment