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ARG1

ARG1
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  • No Love Lost - The Future Of McDonald's [View article]
    I went to my local MCD for my weekly McWrap grilled chicken with clilli sauce, 335 calories and I had to wait in a long line for service. I looked out at the long lines at the drive in and heck, the staff was in a frenzy to keep up with the busy lunch business. I enjoyed my wrap and the grilled chicken and vegetables were really good and I guess I am not the only one lovin it!
    Apr 27, 2015. 07:34 PM | 1 Like Like |Link to Comment
  • McDonald's Q1 Earnings: Hold On Buying Until Growth Initiatives Produce Results [View article]
    They said that when MCD was at 90.
    Apr 25, 2015. 09:58 PM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    I run a trust that is made up of stocks and bonds that increased by 26% in 6 years and generates $125,000 in income a year.
    Apr 25, 2015. 09:12 PM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    "having nearsighted central bank with no "moral principals" "

    I feel the central bank has for too long been dominated by Germany and their concern of out of control inflation like after WWI. That fear resulted in an austerity program that resulted in deflation. The initiative to stop deflation is by no means near sighted since a depression is hard to get out of as witnessed by Japan.
    Apr 25, 2015. 03:25 PM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    Germany would not like to go back to the Deutsch Mark because that currency would be much stronger than the Euro and would make their products more expensive. The Euro is a good deal for Germany but a bad deal for the US$ since it makes US products more expensive and less competitive in Europe.
    Apr 25, 2015. 11:37 AM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    Compuirv',

    You said above

    "He got no bailouts, bonuses or golden parachutes and from the tone of his current writings, learned from his mistakes. "

    Thank goodness because he didn't deserve a bail out or a golden parachute! Why listen to Stockman when there are so many wonderful financial people out there who have never had the dark clouds of bankruptcy or indictments. I would not listen to Ken Lay of Enron even though he had a Ph.D. in economics.
    Apr 25, 2015. 10:30 AM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    Compuirv,

    I think you are being very generus in your appraisal of Stockman's mistakes. I don't tend to believe business failures for economic advice since to succeed in business requires some intuitive understanding of macro economics. I am not sure there are many people who take Stockman that seriously after the bankrupcy and indictment. But if you feel that Stockman is your man I am not going to pop your bubble, enjoy.
    Apr 24, 2015. 02:52 PM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    Jeff:
    This is David Stockman"s business Bio for the Web encyclopedia:
    "Business career[edit]
    After leaving government, Stockman joined the Wall St. investment bank Salomon Brothers and later became a partner of the New York–based private equity company, the Blackstone Group.[13] His record was mixed at Blackstone, with some very good investments, such as American Axle, but also several large failures, including Haynes International and Republic Technologies.[14] During 1999, after Blackstone CEO Stephen A. Schwarzman curtailed Stockman's role in managing the investments he had developed,[15] Stockman resigned from Blackstone to start his own private equity fund company, Heartland Industrial Partners, L.P., based in Greenwich, Connecticut.[16]

    On the strength of his investment record at Blackstone, Stockman and his partners raised $1.3 billion of equity from institutional and other investors. With Stockman's guidance, Heartland used a contrarian investment strategy, buying controlling interests in companies operating in sectors of the U.S. economy that were attracting the least amount of new equity: auto parts and textiles. With the help of about $9 billion in Wall Street debt financing, Heartland completed more than 20 transactions in less than 2 years to create four portfolio companies: Springs Industries, Metaldyne, Collins & Aikman, and TriMas. Several major investments performed very poorly, however. Collins & Aikman filed for bankruptcy during 2005 and when Heartland sold Metaldyne to Asahi Tec Corp. during 2006, Heartland lost most of the $340 million of equity it had invested in the business.[17]

    Collins & Aikman Corp.[edit]
    During August 2003, Stockman became CEO of Collins & Aikman Corporation, a Detroit-based manufacturer of automotive interior components. He was ousted from that job days before Collins & Aikman filed for bankruptcy under Chapter 11 on May 17, 2005.

    Criminal and civil charges[edit]
    On March 26, 2007, federal prosecutors in Manhattan indicted Stockman in "a scheme ... to defraud [Collins & Aikman]'s investors, banks and creditors by manipulating C&A's reported revenues and earnings." At the same time, the Securities and Exchange Commission brought civil charges against Stockman related to actions he performed while CEO of Collins & Aikman.[18] Stockman suffered a personal financial loss, estimated at $13 million, along with losses suffered by as many as 15,000 Collins & Aikman employees worldwide.

    Stockman said in a statement posted on his law firm's website that the company's end was the consequence of an industry decline, not fraud.[19] On January 9, 2009, the U.S. Attorney's Office announced that it did not intend to prosecute Stockman for this case.[20]"

    Stockman isn't the financial guru you think he is.
    Apr 23, 2015. 03:39 PM | Likes Like |Link to Comment
  • HP sells Snapfish, partners with FireEye [View news story]
    zosa
    Let us not forget that before going to HP and trashing HP she worked for Rich McGinn at Lucent and help trash that company. If you thought Obama was bad, a majority of Americans like Obama's economic stewardship,. I do because I made a lot of money in the stock market, or W. was bad, Fiorina would totally screw things up. But, I doubt that shareholder of HP and LU will permit the loss of the USA to the free world by a Florin presidency.
    Apr 23, 2015. 01:10 AM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    DavidLMO,

    I listen to Bloomberg radio very frequently and for me one of the low points of the show is when they have David Stockman as a guest because he is constantly wrong in his prognostications. Unfortunately, listeners of the show do not have an opportunity to call in or forewarn listeners about the ill conceived insights of David Stockman whereas at SA blog participants do have that opportunity. If you look over my comments and the dates they were submitted you will find a consistency of being right more often than not and perhaps helping out my fellow SA board participants where David Stockman is most often completely wrong. So, maybe the question should be why a failed analyst continues to write SA articles and is a guest on Bloomberg when there are more successful market analysts to be found.
    Apr 22, 2015. 11:49 PM | Likes Like |Link to Comment
  • HP sells Snapfish, partners with FireEye [View news story]
    Carly Fiorina the former HPQ who trashed HP with her untimely acquisition of Compaq computers now wants to be president. What is going on in this country when a failed CEO wants to become president. It would be a big mistake to have someone with such limited executive abilities run this country!
    Apr 22, 2015. 04:08 PM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    As an investor I would say that knowing the economy is as important as knowing a security to invest in. I think that Charlie Munger and Warren Buffet have more knowledge about the economy than you give them credit for. Further, through his many holdings he has a great pulse on what is happening in the economy and he takes advantage of that. That said, I respect your opinion and I will listen to anyone that can make me money and I listen to Buffet because he does. I also listen to Jeffrey Saut and Laszlo Birinyi. I don't listen to David stockton because he is wrong so often.
    Apr 22, 2015. 12:58 PM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    Greg I see that but he didn't paint a rosey picture either in that article:
    "You'll see plenty of misery in that field(subprime mortgages). You've already seen some," Buffett said. "
    ..and Warren Buffet said:
    "Once you package those things and sell them through major investment banks, discipline leaves the system,".

    and remember he wasn't buying into the subprime market so I say give credit where credit is due.
    Apr 22, 2015. 11:19 AM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    It is not preferable because hyperinflation creates chaos like Germany after WWI. Historically it becomes an out of control situation. I suggest that you google Germany history crisis after WWI and that will give you an appreciation of the serious consequences of hyperinflation. On the other hand, if Greece exits the Euro, they print their own currency, I see that as a possible solution.
    Apr 22, 2015. 11:07 AM | Likes Like |Link to Comment
  • Thanks For The Investment Advice, Mario! [View article]
    I invest in bonds and if you do like you say then you get a situation like Brazil and Argentina. It isn't that simple because that would create hyperinflation and the devaluation of bonds.
    Apr 22, 2015. 08:42 AM | Likes Like |Link to Comment
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