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citizenleung

citizenleung
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  • Visa And MasterCard Remain Ridiculously Expensive With Unjustified Growth Premiums [View article]
    I've read quite a few of your articles. I can safely say that analysis is your Achilles heel.
    Oct 8 11:05 AM | 1 Like Like |Link to Comment
  • Cramer's Kid-Friendly Portfolio Is Very Unfriendly For Your Kids [View article]
    Here are stocks I have in my kids' portfolios:

    AAPL, DIS, JNJ, KO, MCD, PEP, PG, and XOM. Dividends are reinvested.
    Jun 16 10:15 PM | Likes Like |Link to Comment
  • Volkswagen (VLKAY.PK) says it will boost its global workforce to 600K to 550K as it keeps a firm foot on the gas in a race to produce more cars than any other automaker. Naturally, the focus will be on adding jobs in China - not Europe where demand is sluggish. [View news story]
    Volkswagen sure manufactures a lot of vehicles with -50K employees.
    Apr 1 08:36 AM | 1 Like Like |Link to Comment
  • Why Accomplished Dividend Growth Investors Can Ignore Price Volatility [View article]
    You will always win some and lose some in the market. If you focus on dividend growth stocks, you will likely win a bit more and lose a bit less. I'd take that deal.
    Mar 21 04:34 PM | 14 Likes Like |Link to Comment
  • Google's 'Project Glass': An Over-Hyped Hobby [View article]
    Google is the master of the "good enough" product. Google products are usually inferior to their competitors, but Google grabs market share anyway because it gives many of them away for free. Is Google clearly the best at anything it does? iOS is far better than Android. Office is far better than Google Docs. Netflix is far better than YouTube. Facebook is far better than Google+. Amazon keeps far better information than Google (knowing how someone is willing to part with money is more valuable than knowing what he is searching for). Firefox is better than Chrome. Fine, Google Fiber is far better than Comcast or AT&T, but a piece of turd is better than Comcast or AT&T.

    Google has hit an embarrassing new low with Google Glass. It appears Google is leaving inferior behind and heading straight for useless. With Google Glass' endless potential to 1) put its user in danger from accidents and health problems, and 2) invade everyone else's privacy, Google should finally give up once and for all any pretense that it does no evil.

    I would not be surprised if Google Search is dethroned soon. I prefer Bing, but I'm obviously in the minority. I'm waiting for IBM to use Watson as some kind of consumer search engine that will provide 3-5 answers rather than 100,000,000 links--most of which are useless. When that day comes, Google will collapse faster than Nokia or Blackberry. Until then, Google will continue be the world's other vampire squid.
    Mar 11 05:50 PM | 1 Like Like |Link to Comment
  • Dell (DELL) enters into agreement to be acquired by Michael Dell and Silver Lake for $13.65/share, or $24.4B, a 25% premium over the Jan. 11 price before rumors began. (PR[View news story]
    $13.65 is quite a premium to its low of $8.69.

    DELL shareholders are lucky they're getting $13.65. What they should be angry about is DELL spending so much on buybacks. Based on today's sale price, Dell probably could have bought itself once or twice already.
    Feb 5 11:25 AM | Likes Like |Link to Comment
  • The House will vote on the unamended Senate bill at 9 PM ET, reports CNN's Dana Bash. Any attempt to alter the bill by adding spending cuts has reportedly been abandoned for now. Update at 9:10: The vote has been pushed back to 11 PM ET. [View news story]
    Geoff:

    Note that I said "conservative," not "Democratic" or "Republican." Clinton and Rubin did their part in redistributing wealth from the middle class to the rich. They weren't nearly as good as Reagan or Bush 43, though.
    Jan 1 09:43 PM | 1 Like Like |Link to Comment
  • The House will vote on the unamended Senate bill at 9 PM ET, reports CNN's Dana Bash. Any attempt to alter the bill by adding spending cuts has reportedly been abandoned for now. Update at 9:10: The vote has been pushed back to 11 PM ET. [View news story]
    The conservative redistributionists have bent over the American middle class for the last thirty years--taking their money and giving it to the rich in the U.S. and the poor in China.
    Jan 1 08:51 PM | 4 Likes Like |Link to Comment
  • Over 2M iPhone 5 units have been sold thus far in China, Apple (AAPL) boasts. China Unicom's (CHU) healthy pre-order activity probably had a lot to do with this figure. Sparse crowds for the Friday launch stoked fears initial sales were light, but weather and pre-ordering requirements seem to have played a role. For reference, Apple announced in September over 5M iPhone 5 units had been sold 3 days after the device went on sale in the U.S., Japan, and 7 other locales. (PR[View news story]
    As of Friday's close, people who bought Intel, one of your favorites, at $29.27 are more foolish than people who bought Apple at $705.07.

    Apple treats its shareholders wonderfully--just look at the incredible gains over the last ten years. Look at Apple's unparalleled transparency, at least among tech companies, in reporting sales, revenues, earnings, and profits. As for the dividend, I'm as happy with Apple's dividend as I am with Philip Morris or Kinder Morgan's dividend.

    You begin to lose credibility when you claim that Apple has no innovative products. The only innovative products over the last 5-6 years in the mobile space have been the original iPhone and the original iPad. Every device since, whether by Apple or another manufacturer, have been evolutionary rather than innovative. If you consider Samsung's devices "innovative", you have a most curious interpretation of the word.
    Dec 17 01:32 AM | 3 Likes Like |Link to Comment
  • Apple's Achilles' Heel: Samsung Has An Arrow Pointed Straight At It [View article]
    "There are more developers using Android ..."

    Perhaps, but they don't appear to be interested in developing apps for Android tablets.
    Dec 17 12:42 AM | Likes Like |Link to Comment
  • Over 2M iPhone 5 units have been sold thus far in China, Apple (AAPL) boasts. China Unicom's (CHU) healthy pre-order activity probably had a lot to do with this figure. Sparse crowds for the Friday launch stoked fears initial sales were light, but weather and pre-ordering requirements seem to have played a role. For reference, Apple announced in September over 5M iPhone 5 units had been sold 3 days after the device went on sale in the U.S., Japan, and 7 other locales. (PR[View news story]
    Cook didn't announce this to support the stock--they announce great sales figures regardless of whether the stock is zooming up or collapsing.

    That's one of reasons I like Apple--they treat the fools on Wall Street the way they deserve to be treated.
    Dec 16 10:24 PM | 8 Likes Like |Link to Comment
  • Apple's Achilles' Heel: Samsung Has An Arrow Pointed Straight At It [View article]
    Sure, Android's tablet share will outpace Apple's in 2013. However, how many of those Android tablets are either 1) shipped but not sold or 2) serving as glorified paperweights on their owners' desks or, worse yet, forgotten in a drawer or closet? Based on usage statistics compiled by numerous third parties, there are huge piles of Android e-trash lying around.
    Dec 12 03:41 PM | 5 Likes Like |Link to Comment
  • Apple's R&D Numbers - Something Good Brewing, Or Something Wrong? [View article]
    Apple is doing more and more in-house (designing chips for mobile devices, maps, etc.), which probably necessitates greater R&D spending.

    On innovation, the only developments over the last 5-6 years in the mobile space that qualify as "innovations" are the original iPhone and the original iPad. All mobile devices since, whether by Apple or any other manufacturer, have been evolutionary rather than revolutionary products. The Surface is innovative for Microsoft's standards, but tiles and a kickstand are not, in and of themselves, "innovative."
    Nov 27 04:58 PM | 6 Likes Like |Link to Comment
  • Has the iPhone lost its "wow" factor, and if so, is it something for Apple (AAPL +1.2%) to be truly worried about? A day after the iPhone 5 launch, the press is alight with commentary declaring the device a good upgrade, but nothing more. Some think the effectiveness of the Apple rumor mill might be to blame. Either way, the big question is how much a lack of excitement will affect sales when Apple can still claim an edge in customer loyalty and apps, and can tout hardware features that often match or exceed those of rivals. [View news story]
    You must be easily wowed.
    Sep 13 11:05 PM | 1 Like Like |Link to Comment
  • BofA's (BAC) Wealth Management division is holding a conference call tomorrow with Paulson & Co.'s John Paulson, giving the firm's retail advisors and clients a chance to take a shot at his disappointing year-to-date performance. So far in 2012, Paulson's Advantage Plus fund is off 18%, while his Advantage fund is down 13%. Remember, this is on the back of declines in 2011 of over 50% and 36%, respectively, and comes just days following Citigroup's (C) announcement that its Private Bank was pulling $410M out of Paulson's funds. [View news story]
    Wow--my buy and (mostly) hold portfolio outperformed Paulson's Advantage Plus by 235% over the same period! When can I start a hedge fund? If only Goldman Sachs would have let me short some hand-picked, AAA-rated securities backed by nonperforming loans. Oh well.
    Aug 28 01:12 AM | 1 Like Like |Link to Comment
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