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  • Short Berkshire Hathaway... If You Dare  [View article]
    Shorting BRK is a bad idea. Maybe, "absurd" is a better idea. The only way it works is if the economy or market tanks. In this case, there are better choices.
    Jan 22, 2016. 10:59 AM | 1 Like Like |Link to Comment
  • Phillips 66 - Why The Drop Is A Buying Opportunity  [View article]
    ...but I hate their gasoline.
    Jan 21, 2016. 07:55 PM | Likes Like |Link to Comment
  • Market Still Clueless On Why OPEC Continues High Production Levels  [View article]
    The Sunni and Shia are at war with each other in most of the globe. I don't see them cooperating on anything, including oil supply.
    Jan 7, 2016. 10:08 AM | 3 Likes Like |Link to Comment
  • Market Still Clueless On Why OPEC Continues High Production Levels  [View article]
    Do you think that Saudi Arabia would cut production to make room for Iranian exports to come back to the market? OPEC is toast.
    Jan 7, 2016. 10:05 AM | 2 Likes Like |Link to Comment
  • Reasons To Avoid Despair  [View article]
    Very good article on a day like this. I hate election years and this one is a pip right now. Look for buying opportunities.
    Jan 7, 2016. 09:49 AM | 1 Like Like |Link to Comment
  • New Sector Leaders In 2016?  [View article]
    Too early to tell very much. It does show that in downturns, investors initially would rather take profits than lock in losses by selling losers.
    Jan 6, 2016. 08:36 AM | Likes Like |Link to Comment
  • Dividend Growth Portfolio - 2015 Was A Good Year With Bad News At The End  [View article]
    Excellent article. Thanks for sharing it with us. I think that you have demonstrated why equities can be a better source of income than bonds. I think you were right to sell KMI. I think that their dividends will not recover any time soon and that their prospects are impaired. There were better MLP's that have a safer dividend stream.
    Jan 6, 2016. 08:25 AM | 1 Like Like |Link to Comment
  • Precision Castparts: Why You Should Not Keep Any Cash  [View article]
    I think that the only significant risk here is the timing of when the deal closes. I am long PCP and I am hopeful that it won't take 3 more months to close the deal. Sure thing? No, but I do think the risk of not closing is low. I can't remember a Berkshire takeover getting this far and not closing.
    Dec 23, 2015. 07:50 PM | Likes Like |Link to Comment
  • Wal-Mart Just Hired A Former Target Marketing Guru ...  [View article]
    I would just like clean stores and a checkout clerk. This isn't rocket science.
    Dec 23, 2015. 08:43 AM | 5 Likes Like |Link to Comment
  • Halliburton: How To Play The Regulatory Delay  [View article]
    If the deal goes through, BHI shareholders win. I think HAL shareholders may lose in the short term, because a lot of BHI shareholders will cash out the HAL shares they got in the deal.

    If the deal doesn't go through, I would expect both stocks to be hit hard. BHI would lose its merger premium and HAL faces a huge fee.

    Explain again... why do I buy HAL?
    Dec 16, 2015. 06:54 AM | 1 Like Like |Link to Comment
  • 3 Lessons From The Junk Bond Collapse  [View article]
    ETF's usually mimic some index. I think this asset class (very junky bonds and distressed debt) benefit from aggressive management. The liquid, open ended mutual fund and the underlying, not very liquid assets were a mismatch. I would think that the CEF structure would be a better match.
    Dec 14, 2015. 06:04 PM | 1 Like Like |Link to Comment
  • Why A Mere Quarter Percent Rate Hike Should Have Big Banks Nervous But Probably Won't  [View article]
    Banks will have an incentive to make loans. Why would that be bad? Could it be that raising rates might stimulate loans and consequently stimulate the economy? That would be a counter intuitive outcome.
    Dec 13, 2015. 12:21 AM | 4 Likes Like |Link to Comment
  • O Value, Where Art Thou?  [View article]
    Interesting article, thank you.
    Dec 9, 2015. 09:20 AM | Likes Like |Link to Comment
  • Baker Hughes - 20% Upside Via The Halliburton Acquisition And More  [View article]
    Synergies are probably why HAL made its offer. The $3.5b penalty is probably why they can't walk away from it. The greatest challenge to buying either is probably the falling price of oil. The deal gives BHI investors a cushion if they are patient, but most of the reward is in HAL stock. What will it be worth when a large number of BHI investors try to sell it?
    Dec 3, 2015. 08:29 AM | Likes Like |Link to Comment
  • Are Better Times Ahead For Silver Wheaton?  [View article]
    SLW has 2 problems - 1 big and 1 medium sized. The big problem is silver prices and medium sized one is the tax man. I can't see the stock starting to recover until, at least, the big problem gets turned around.
    Dec 1, 2015. 10:30 AM | 1 Like Like |Link to Comment