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  • Ackman boosts stakes in GSEs [View news story]
    Why does anyone care any more what Ackman does or doesn't do? He can say he's going to take over Apple for all I care. That's how much credibility these guys have. It's just so easy for the press to write about their filings.
    Mar 31 12:32 PM | Likes Like |Link to Comment
  • One in six men in prime working age don't have jobs [View news story]
    I work in the media and literally, we get freelancers and even some people we are seriously interested in hiring whose writing skills are so deficient that I don't know why they even bother. And if would-be writers can't write, I suspect every other field, whether technical or non-technical, suffers the same skills bell curve. When I said many people can't hack it I was being charitable. At least 10% of the labor force is highly incompetent-- not mediocre--whcih suggests to me that it's miraculous that we have only 6.5% unemployment.
    Feb 7 09:27 AM | Likes Like |Link to Comment
  • One in six men in prime working age don't have jobs [View news story]
    Unfortunately a lot of people can't hack it. I've seen this and while there are policy solutions including job training and education grants, it used to be that employers had low-skill positions and then once these guys were on the payroll they could develop some skills. Now unless you are fully qualified at something (and not too old), forget it.
    Feb 6 06:39 AM | 2 Likes Like |Link to Comment
  • Bravo Brio: The Little Italian Restaurant That Could [View article]
    There is no need for any chain Italian restaurant in urban and suburban locations in the region bounded by Massachusetts, Maryland/D.C., and out to Chicago and St. Louis, plus, of course, San Francisco. Those of us who live and travel in that space generally mock the tastes of people who (line up to eat at, I will admit) the Olive Garden and Carrabba's and probably this place. (Been there once, it's OK, but it's not to my usual standards). So this business has to appeal to diners and to investors everywhere else.
    Nov 22 12:04 PM | Likes Like |Link to Comment
  • Dividend Investing Is Not As Risky As It Is Portrayed Out To Be [View article]
    Kodak film.
    Nov 21 10:18 AM | Likes Like |Link to Comment
  • I'm Not Investing In GOV Since The Thrill Of Victory Isn't Worth The Agony Of Defeat [View article]
    Brad, I'm one of your biggest fans, but 6.98% for an investment-grade security backed by the world's largest financial institution (the federal government) is a fine proposition. And if the shares are trading for a lower multiple to FFO for any of the reasons you elucidate, then this is even more of a buy at current levels.
    Nov 4 04:50 PM | 1 Like Like |Link to Comment
  • The Ugly Truth About BDC Earnings Projections [View article]
    Exactly. I follow BDCs for Kiplinger's and what you said is the crux of the matter fot them or any of these BDCs---- do they cover their payout, do they raise their capital on advantageous terms, and what do you make of their portfolio businesses. I don't need all this sabermetrics.
    Oct 22 11:16 AM | 2 Likes Like |Link to Comment
  • Montgomery County, PA's pension board has shifted nearly all of its $470M in assets to a basket of Vanguard index funds. Helping cement the move was a short trip down 202 to the offices of John Bogle. For the last 3 years, the pension fund returned an average 8.22% vs. a Vanguard index fund (with far lower fees) returning 12.51%. "There is no value for the county ... to be spending these fees and getting a lower return," says Commissioner Josh Shapiro. Don't let the word get out. Goldman Sachs (GS) and JPMorgan (JPM) - among those losing the business - declined to comment. [View news story]
    Gutsy decision and a smart one.
    Jun 21 10:49 AM | 1 Like Like |Link to Comment
  • Remember Those 2 Week Market Declines? [View article]
    shdanfo, you are exactly right. There's no threat to the dividends paid by these companies and REITs, so your yield will only get better based on what you have invested. You'd think going from a 25% gain to a 15% gain in a dividend stock like Verizon was one step into the grave. Traders do this to investors all the time.
    Jun 3 02:32 PM | Likes Like |Link to Comment
  • Equity Markets Under Obama [View article]
    What this shows is that stocks grow far more often than they go backwards, which is because the US grows much more regularly than it goes into recession. Even right now, with the economy supposedly in a crisis, we're growing around 2% and jobs are slowly coming back. That's not going to rescue everyone who has run through his or her savings or worked in the housing or housing-related sectors, but it explains why the stock market's performance since 2009 is logical.
    Oct 23 11:01 AM | Likes Like |Link to Comment
  • Need An Alternative To Annaly? Consider These 3 REITs [View article]
    NLY has proven it can perservere through less-than-ideal market and economic conditions. Its rivals, imitators and dopplegangers need to show cause as to why they deserve the same confidence, including CIM, which an Annaly unit manages.
    Jul 18 10:01 AM | Likes Like |Link to Comment
  • A Closer Look At The New Cushing Royalty & Income Fund [View article]
    This is Jeff Kosnett from Kiplinger's, and I continue to hear all kinds of investors, both professionals and just experienced individuals, say they would not include any MLPs in an IRA although I, too, have heard this $1,000 threshold.

    I spoke last week with Jerry Swank at Cushing and I think this will be a good fund as long as the entire MLP/royalty trust space doesn't get overwhelmed with footloose hot money that makes the shares subject to whims instead of fundamentals. Until recently I've felt as though only a few cognoscenti were in on this. Now it's gone so mainstream that it might not be the same.
    Mar 13 06:01 PM | 1 Like Like |Link to Comment
  • Look South, Investor [View article]
    You should cite local Brazilian consumer stocks and not multinationals like Petrobras, which is trying to get away from the
    domestic political scene as much as it can. Look at some retailers and other small-caps that trade as ADRs or are in ETFs.
    Feb 24 09:14 AM | Likes Like |Link to Comment
  • The Case for a Shorter Trading Day [View article]
    How much of this is due to index funds getting late sell orders?
    Jun 16 12:01 PM | Likes Like |Link to Comment
  • NFIB Small Business Optimism Index: -0.7 to 91.2, vs. -2.6 prior. It's the second consecutive month of decline in small business optimism, and suggests the bulk of new hiring is happening in larger firms.  [View news story]
    Small business is overrated. Saving one General Motors was worth
    all of these NFIB whiners all together.
    May 10 02:53 PM | Likes Like |Link to Comment