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  • Peabody Energy - An Update From Don Quixote [View article]
    There are also other ways to store energy that have excellent potential economically and environmentally:
    Nov 25, 2015. 05:42 PM | Likes Like |Link to Comment
  • The 4 Keys To Building Wealth - Midstream MLPs As An Example [View article]

    It is always good to be reminded of the power of compound interest. And it is also a very good idea to take a deep breath and look for perspective when bad things seem to happening to one's investments.

    In this case my personal take is that you have taken your compound power demo a little too far. Have the real business dynamics of a company with a constantly shrinking share price and dividend yield ever let it survive (or to not decline in a more drastic way) in such a scenario for anywhere near 40 yrs? More importantly, do we now think that the future of energy use in the US causes us to expect a core midstream energy company like KMI to be doing business anywhere near 40 yrs with a size and profit that we can currently project? I don't have the answer to that question - just my opinion. FWIW, I consider all of my remaining energy investments very likely to be shorter term ones that require close observation and ones that I have little expectation of holding 1 decade, much less 4. Like I say - just my opinion, but I am not reassured by the power of compounding in the specific case of KMI. You wrote recently that you bought more KMI. That may be a reasonable short term play. I do expect natural gas to recover somewhat within the next couple of years - I'm not so sure about oil. But I already have my full quota of drama provided by some of my other investments. Best of luck to you with KMI.
    Nov 2, 2015. 06:32 PM | Likes Like |Link to Comment
  • BDC Total Returns: October 2015 YTD [View article]

    I'm quite sure that Buzz doesn't need any help. Camroc's comment seemed obnoxious all on its own. Notice that despite only having made a few comments camroc has been around for over a year and has asked for the exact same information previously and been answered by Buzz before. And, yes this is already more time than this comment deserved.
    Oct 18, 2015. 08:57 PM | 10 Likes Like |Link to Comment
  • BDC Total Returns: October 2015 YTD [View article]
    Really? Few if any contributors on SA except those publishing explicit portfolios for tracking provide amounts of personally held stocks included in their articles - only the tickers of stocks they own - to faintly cover conflict of interest. So Buzz has provided more information - that just because he owns a stock does not mean that is any kind of an endorsement by him - don't be fooled into thinking otherwise. In any event his take on specific BDCs usually seems evident straight from the text of his articles. But the worth of your statement...?
    Oct 18, 2015. 08:45 PM | 5 Likes Like |Link to Comment
  • Peabody Energy - An Update From Don Quixote [View article]
    Some help may be on the way on the battery front via flow batteries:

    Existing designs being tested by utilities:

    Improvement in design:
    Oct 9, 2015. 07:38 AM | Likes Like |Link to Comment
  • Some Caveats On Berkshire Hathaway [View article]
    The performance of BRK for the last 6 years may not be what you want to base your evaluation on. Mr. Buffett has said the following more than once: Their aim is to beat the S&P 500 long term, but they expect to under perform the S&P 500 during strong bull years (majority of last 6 yrs?), but to outperform in lower years (and overall). And he has said he sees no reason they cannot do that despite the disadvantage that pure size has added to the task. Comparatively better performance in market down years, if consistently achieved, also provides some risk reduction which has its own value.
    Oct 6, 2015. 05:24 AM | 11 Likes Like |Link to Comment
  • The Cafe Brasiliero [View instapost]
    Thanks IPancake,

    They don't mess around with small works, do they, or are those displayed elsewhere? I wouldn't mind a cup of expresso and a leisurely, full view there someday.

    Sep 27, 2015. 12:42 PM | Likes Like |Link to Comment
  • Basquiat Paintings?  [View instapost]
    I tend to agree about wanting to display any art I own and enjoy. Considering the air in some parts of cafes I might have some concern there for the safety of the art, but I like to imagine the air in Lisbon and your favorite cafe as being fresh, ocean born. If you get a chance, please do post more of the art from the Brasilliero.
    Sep 18, 2015. 01:23 PM | Likes Like |Link to Comment
  • Basquiat Paintings?  [View instapost]
    I am curious about the estimated value of the work in the cafe and whether the cafe owner has any idea about that. Also, although Rodrigo does not seem to have a large known catalog of works, I wonder how many like this one might have private owners and may be relatively unknown?
    Sep 18, 2015. 12:49 PM | Likes Like |Link to Comment
  • Basquiat Paintings?  [View instapost]

    I wonder whether the artist is Joaquim Rodrigo?

    I look forward to hearing about and seeing more of your art discoveries.

    Sep 17, 2015. 07:02 PM | 1 Like Like |Link to Comment
  • My Roth Conversion Odyssey (Part 1) [View article]
    First impression - not positive. I talked to someone who successfully petitioned a few years ago, and they said that subsequently Medicare policy language changed to not allow any exceptions.
    Sep 16, 2015. 02:37 PM | Likes Like |Link to Comment
  • My Roth Conversion Odyssey (Part 1) [View article]
    I believe that someone on SA mentioned it is possible to petition Medicare to not count some one-off income events (like a Roth conversion that does not really represent "income" in the year in question) in the surcharge calculation. - Maybe worth checking into? 2015 is that year (63) for me. I need to look into this.
    Sep 16, 2015. 02:28 PM | 1 Like Like |Link to Comment
  • Is Investing Supposed to be Fun? [View instapost]

    I have added Sintra and Cascais to my research list - I include living and visiting places. Home prices would be important to us also, so given your take on Cascais it would probably be a visiting place for us too. My brother has been living in Mexico for around 15 yrs. Like you he has bought and fixed up several rental properties where he lives. Working with local tradesmen and authorities has been a good exercise in cultural assimilation for him.

    Aug 17, 2015. 04:10 PM | Likes Like |Link to Comment
  • Windows 10 Shaping Up To Be A Disaster For Microsoft Shareholders? [View article]
    You must be reading a different EULA than I have read because I cannot find what you claim is there about personal files at all. As others who have examined this non-issue have stated - you can take off the tin foil hat now. Key logging - please give me a break. Even MS isn't that stupid and I hope the SA readers know better than to believe this you know what. You're pushing some prime swamp land already. I've been programming PCs since 1985 (somehow I managed to survive 1984) and I call that nonsense. MS is no sacred cow for me and I'll agree about dozens of huge mistakes they've made in the past. So far Win 10 does not appear to be one to me.
    Aug 17, 2015. 03:18 AM | 2 Likes Like |Link to Comment
  • Is Investing Supposed to be Fun? [View instapost]

    I'm enjoying your expatlog from Lisbon. I would very much like to be doing something similar and am hoping to if/when we can extricate ourselves from some local obligations. In the meantime I am hoping we can experiment with some longer vacations to test some of the destinations that seem attractive. Here's to your family's continued success (better luck than Puerto Rico and Paris) where you currently have landed. Portugal is also attractive to us although I suspect we might choose a smaller city than Lisbon.

    Aug 16, 2015. 07:45 PM | Likes Like |Link to Comment