Seeking Alpha

Zalach

Zalach
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  • Google Spreadsheets For Beginners [View instapost]
    You bet! Let me know if you have questions... happy to try and help...

    ~Zal
    May 5 10:36 PM | Likes Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    Ptstanford - I couldn't agree more. Thanks for adding the emphasis and the O'Shaughnessey quotes.

    Your comment on P/E stocks and their returns has me wanting to quantify my selection formula. Right now it's a bit ad hoc. Might be time to go through my Constitution again and see what needs tweaking.

    Thanks,
    ~Zalach
    May 5 09:25 AM | Likes Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    Quite welcome. Chowder, and some other authors, have some good O'Shaughnessey's quotes. At the end of the day you need to be comfortable with what you are doing with your money. So regardless of if we are all in agreement or not, you should pave your own road in my opinion. In fact, I've learned a ton by reading those opinions that are contrary... see some of the recent discussions between Cranky and various DGI authors.

    I use FAST Graphs (which incidentally stands for: Fundamentals Analyzer Software Tool). I have yet to find a site that pulls all the information together and presents it as concisely as they do. At $10 a month I find it's a cheap cost of doing business expense. It has helped save me time by eliminating stocks from my process prior to doing more DD on them. That's been a huge time saver. Probably saved me from making mistakes too, guess that depends on how you define a mistake!

    ~Zalach
    May 4 08:16 PM | 1 Like Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    Sure thing Arma - this instablog by chowder is a great read and could help you figure out the best way for you to average in to a position: http://seekingalpha.co...

    And this links to an instablog about your very valid point on staying atop 50 positions...: http://seekingalpha.co...

    I currently have 50 positions.
    1 is stock options for where I work... I think I have a handle on this one ;)
    6 are speculation stocks. These I read up on quite a bit... hmmm maybe an hour or two a week? If my time available for this drops off, these will be sold.
    43 are DGI positions. Like Chowder's blog post, these take no time to "manage" aside from twice a year I go give them a look over to see if anything material has changed.

    And as other have said, go slow. I bought 1 position per month. Some months I'd go crazy and buy two halves!!!

    Hopefully that helps. Enjoy the journey :)

    ~Zalach
    May 4 06:31 PM | 1 Like Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    @Arma - The first thing I would do is write up a plan. I did a DGI Constitution based on gathered quotes and ideas from various SA authors. I've tried to tailor this to fit my personality and make it work for me. This constitution sets up a set of base investing principles by which to proceed. If you are interested I've posted mine here: http://bit.ly/1fI8Z47

    However, I would recommend you spend some time reading, thinking and discussing with your sig-o to determine the best course of action for yourself. Then put ink to paper prior to executing anything.

    Just my two coppers...

    ~Zal
    May 4 11:14 AM | 3 Likes Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    Yep, you are right in a lot of what you say David. That said, my company just dumped all Cisco switches and went with Juniper devices. Was 1/3 the cost.

    The price of manufacturing these devices continues to drop. I find it amazing just how cheaply they can produce these things now-a-days.

    For example, we just bought a lower-end SAN device (which is a computer with a bunch of hard drives for storing data) for a dev environment here and it runs a Linux OS on a DOM. A DOM is basically a chip that acts as all the pieces of a computer (RAM, Hard Drive, OS, etc). Unfortunately it was bad, so they sent a new one under warranty. They said to throw the old one out as it was just a couple of bucks.

    This to me is the tip of the iceberg in terms of where we are heading from a tech point of view. The barrier to entry is getting smaller everyday! Just something to keep in mind when viewing these companies long term.

    ~Zal
    Apr 30 02:42 PM | 2 Likes Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    CSCO used to be all that... however companies like Juniper are giving them a run for their money. Similar functionality, performance and a cheaper price point. To me CSCO's moat is down to their level ingrained-ness into corporate cultures. Same goes for Oracle. In fact, my company has just made our application database agnostic (meaning we can now run on any database). It is steps like these that will up our profitability significantly... (i.e. we no longer have to pay Oracle 100k+ per environment and then 20% recurring maintenance costs)

    Further, I view this as a relative thing...; As the capabilities of smaller competitors increases, so do the major players. However, the needs to run your business are not increasing as rapidly. It's almost like playing the interest rate gap in a way. As that gap gets smaller, the titans stranglehold will be severely lessened IMO.

    ~Zal
    Apr 30 01:13 PM | 1 Like Like |Link to Comment
  • Google Spreadsheet - PTI's PAAY Calculation [View instapost]
    It certainly does!

    Thanks again PTI...
    Apr 27 01:33 PM | Likes Like |Link to Comment
  • Google Spreadsheet - PTI's PAAY Calculation [View instapost]
    Thanks again for the feedback PTI. I went through and modified the spreadsheet. Though now it takes longer than a second to do it! ;)

    The new version is much more accurate. Here are the results of the original vs. new vs. yours:
    (F)
    Orig: +0.07%
    New: +19.46%

    (O)
    Orig: -0.22%
    New: -2.63%
    PTI: -2.24%

    (RCI)
    Orig: +5.80%
    New: +15.36%

    (TMP)
    Orig: -4.06%
    New: +0.34%

    (WEC)
    Orig: -11.03%
    New: -9.38%
    PTI: -8.37%

    (WMT)
    Orig: -1.80%
    New: -1.26%
    PTI: -2.96%

    I'm glad I did this. The impact to the results was *much* greater than I anticipated. Both (F) and (RCI) had very recent div increases *and* price drops. The perfect scenario for enhancing the flaw in the original version. Fortunately, I use this as one of a couple metrics when deciding where to reinvest, so my crap original version hasn't led me astray.

    Thanks again PTI.

    ~Zalach
    Apr 27 11:07 AM | Likes Like |Link to Comment
  • My KISS Dividend Portfolio: 1st Quarter 2014 Update [View article]
    Thanks PTI - Yeah I saw that commented before coming here to read this one. You are correct, the more recent the change, the more of a difference between doing it all out and my lazy man's way. (O) is off by a similar amount because they are constantly upping their amount a little each month. I'll take a look and see if I can improve on it.

    Thanks for all your work in sharing your portfolio and thought processes, including the PAAY idea. I for one really appreciate it.

    ~Zalach
    Apr 27 09:59 AM | Likes Like |Link to Comment
  • Google Spreadsheet - PTI's PAAY Calculation [View instapost]
    Great, thanks for confirming I'm not horribly off. Yeah, I knew going in that the price of "automation" would be a loss in that granularity/accuracy.

    The further in the past the dividend payout was changed, the more accurate this lazy mans version becomes. If the divi never changed it would be spot on! But that defeats the purpose of DGI, ha!

    I am going to mess around with it some more. There might be a way I could get it to take into account which dividend payout to use for each date. Calculate two averages,... then giving them weight,... then averaging them together to get more accurate.

    Ultimately, I'd like to add this as a script to my regular stock tracking spreadsheet. Then this could be a regular cell and be called like any other function.

    Thanks again PTI, I'll see if I can improve on it.

    ~Zal
    Apr 27 09:54 AM | Likes Like |Link to Comment
  • My KISS Dividend Portfolio: 1st Quarter 2014 Update [View article]
    PTI - I really like your PAAY calc and have used it as one of a couple of things I look at when deciding where to reinvest dividends.

    I struggled with getting historical quotes to work on Yahoo (too many requests submitted errors and such) so I did a poor man's version in Google Spreadsheets. Here's a link to the instablog:
    http://seekingalpha.co...

    Hope you don't mind me taking liberties with your calc, and if you have any feedback on it please don't hesitate to let loose. Thanks,

    ~Zal
    Apr 26 10:24 PM | Likes Like |Link to Comment
  • McDonald's Vs. Yum Vs. Chipotle [View article]
    It's worth the drive!!! Okay maybe not that far lol

    A while back they gave out Frisbees with various menu items and ingredients on them. So, one of our favorite office lunch rituals is to consult the Frisbee as to what's for lunch. It's common knowledge that Frisbees never lie!

    Incidentally, it always says we should go to Moe's... I think it's rigged but can't tell for sure :)

    ~Zal
    Apr 23 09:23 PM | 1 Like Like |Link to Comment
  • McDonald's Vs. Yum Vs. Chipotle [View article]
    Moe's is better than Chipotle's IMO.
    I feel like CMG nickle and dimes you for everything. At Moe's, its as much chips as you want with free chip refills vs. CMG charging extra for chips (I don't eat chips but that's nice).
    Moe's is also way way way busier than the CMG across town, at least where we are in Connecticut.
    MCD's probably never should have divested out of CMG.
    Just my two coppers...
    ~Zal
    Apr 23 08:58 AM | Likes Like |Link to Comment
  • Google Spreadsheets For Beginners [View instapost]
    Wow that's awesome... nicely done!
    Apr 21 05:46 PM | Likes Like |Link to Comment
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