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kimboslice

kimboslice
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  • What America Can Learn From China's Infrastructure [View article]
    Imagine if Uncle Sam owned AT&T, Verizon, GE, Exxon, Chevron and others and you see that there would be some money to spend on various projects.
    China also doesn't have a huge and growing welfare state.
    China doesn't provide free health care.
    China doesn't spend a high percent of GDP on defense, aircraft carriers, etc.
    China doesn't have a gazillion govt. workers making $100K per year.
    China doesn't have a gazillion retired govt workers making $100K per year.
    Add it all up and China can spend on fun projects that may pay off someday for them.
    America growing the welfare state simply grows more welfare cases.
    America growing government simply grows more expense and taxes for the producers here.
    I have been to China and of course there is poverty there. But, nowhere is it full of zombies and monsters roaming the streets depressed, angry and waiting to mug you. That's here in Oakland, Compton, Detroit, Newark, Camden, Bronx, Brooklyn, Baltimore, Miami, New Orleans, etc.
    May 23, 2015. 11:38 AM | Likes Like |Link to Comment
  • Uber, Not Tesla, Will Be Apple's Competition In The Automobile Industry [View article]
    This article reminds me of the term "vaporware" coined in Silicon Valley some time ago.

    I'm not going to hold my breath to see an Apple car.

    Tip: if teenage females can't walk into a store in a mall and buy it, Apple should not sell it. I have a feeling they already know this.
    May 21, 2015. 10:00 AM | 5 Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    Plain is correct.
    Tesla and Musk are reincarnations of DeLorean. It's back to the future.
    Musk doesn't care if Tesla sells cars.
    The Volt is superior because it has an engine to manage the battery and extend Volt's range.
    The 1901 Columbia electric car had the same range as the 2015 Nissan Leaf.
    If my Volvo ever dies, I'll buy a CNG car or a Volt. The Volvo probably has a lifespan similar to mine however.
    May 20, 2015. 03:14 PM | 11 Likes Like |Link to Comment
  • Apple: Carl Icahn Gets It Mostly Right [View article]
    The truth will be somewhere between iCahn and Beachpipers when it's said and done.
    May 20, 2015. 12:51 PM | 2 Likes Like |Link to Comment
  • Apple: Carl Icahn Gets It Mostly Right [View article]
    I'm an Apple fanboy since 84 and a shareholder a bit later but some of beachpiper's post makes sense to me.

    The Mac was vastly superior to IBM PC running dos in 84.
    The iPod integrated with iTunes to make a cool gadget and music easier to carry around, it was a great innovation like Sony Walkman. iPod was a huge success for a while.

    The iPhone was vastly superior to "dumb phones" and a new invention.
    The iPad was a very cool gadget also which was a new invention (kinda).

    Apple TV is nothing big, and Roku has it beat. Apple cars? You gotta be kidding me.

    The latest Apple invention is a watch but it may never take off, time will tell. I'll never buy one.

    Apple has competitors galore so it has to be always taken with a grain of salt what iCahn says because he is talking his book.

    In 20 years, Apple stores may be like Radioshack, or Apple may be so huge that resistance will be futile and we'll have Apple implants, who knows?

    What historically has happened to vastly dominant businesses is that they have had competition and other things come along someday to eat some of their lunch.

    When I see empty Apple stores that's when I'll know it's time to say goodbye to some of my shares. It may take longer than I have to live however.
    May 20, 2015. 10:59 AM | 15 Likes Like |Link to Comment
  • Carl Icahn Is Wrong, Apple Is Not Worth $240 Today [View article]
    Historically, Icahn has been an "activist investor", so he is motivated not just by providing facts for the public to know at no cost. He is talking his book for sure.
    "Apple is worth $240 today" is of course false because the market is "the decider" and so far it's not at that number.
    Should investors be paying up to $240 for Apple? Maybe but crowds of stock buyers in an auction (stock market) are fickle.
    If you compare Apple to other stocks out there, e.g. Tesla, Amazon, etc. then definitely Apple should be worth $240.
    I'm an Apple fanboy for years and a shareholder so I'm happy all the time. Apple dividends provide me with more free shares every three months. Icahn can say anything he wants now.
    May 19, 2015. 10:20 AM | 6 Likes Like |Link to Comment
  • Why Cash Is King [View article]
    While you wait to "be ready" for the market "subject to a big swing to the downside", you are making no 1. capital gains 2. dividends 3. interest.

    Your strategy works if you have infinite time to live and make up for lost money you did not make while you waited around.

    I don't feel immortal so I am invested.
    May 18, 2015. 10:35 AM | 3 Likes Like |Link to Comment
  • Why Cash Is King [View article]
    This reminds me of the "man bites dog" stories in the newspaper.

    Since cash pays no dividends, interest and cannot appreciate capital, I don't focus much on it.

    Afraid of investing because of risk? "A faint heart never won the fair maiden."
    May 18, 2015. 09:00 AM | 4 Likes Like |Link to Comment
  • Apple To $140 By End Of May: It's A Mathematical Problem [View article]
    And what are you buying with the money you made with AAPL (after taxes)?
    May 17, 2015. 01:15 PM | 1 Like Like |Link to Comment
  • Apple To $140 By End Of May: It's A Mathematical Problem [View article]
    I don't care what the price of AAPL is by the end of May.
    I only care to see the crowds at the Apple stores spending money.
    I won't mind what the share price is, actually I want it to stay where it is for as long as possible so I have more free shares via the dividends.
    Getting free shares of AAPL every 3 months is fun.
    In 20 years or so, Apple may lose some consumer appeal, but by then those who bought AAPL will have capital gains and dividends galore.
    May 17, 2015. 10:12 AM | 10 Likes Like |Link to Comment
  • The 'Great Fund Debate' About Indexing Isn't Much Of A Debate [View article]
    I have my own baseball analogy.
    Index funds=260 hitters and *some managed funds*=366 (Ty Cobb) Some managed funds=200 hitters or worse.
    So, if my money can go to several hitters, I will use a portion seeking managers who will bat over 260. I may be lucky and 1. find the manager 2. buy the fund before it closes.
    But, accepting 260 returns won't hurt me in the long run and is good for balance.
    You may find a fund that bats 400 then comes down to earth (Janus).
    As others mentioned above, one aspect in favor of index funds is cost: what can beat Vanguard Total Stock Market Admiral shares expense ratio 0.05%=$50 per $100,000 invested?
    Another nice thing is index funds send me small 1099s usually.
    May 15, 2015. 11:14 AM | Likes Like |Link to Comment
  • What's Next For The Best Performing Country Equity Market? [View article]
    One sentence caught my eye: "...trying to build shareholder value in state owned enterprises.."
    Huh? You are never going to be a shareholder in the same sense of a publicly traded corporation in the USA for example. The China Communist goverment will always own the majority.
    I saw interesting things in China. But of course, they have some difficult problems to contend with. The poor are a huge segment of the population.
    Tread with caution is my take on it. Junji_0214 seems to know.
    May 15, 2015. 10:01 AM | Likes Like |Link to Comment
  • Mexico Reveals Greater Oil And Gas Resources: Will Chevron Be A Player? [View article]
    I've lived in Mexico, so it's a very interesting article. In Mexico things can go either way.
    There is a rich history of "snatching defeat from the jaws of victory" down there.
    The problem is Pemex is not a normal company, and neither is Mexico's view of the USA.
    Mexicans have a deep resentment/distrust of the USA so any American involvement in Pemex which is considered Mexico's "family jewels" can be difficult.
    Mexican's goverment and laws are dysfunctional and this won't change soon.
    My first time in Mexico was in 1979. Around then they were very proud of being a huge oil power like Saudi Arabia.
    Now my Mexican friends are confused why Mexico has higher gasoline prices than the USA (because they import our gasoline).
    Anecdote: watching Mexican news 2007, a platform disaster at Kab 121 platform killed many. The Pemex spokesman said the large waves responsible were caused by "American caused global warming storms".
    I've worked in and visted Mexico for decades and the only contract I would engage down there is a restaurant tab or a hotel bill.
    May 14, 2015. 10:42 AM | 3 Likes Like |Link to Comment
  • Mexico Reveals Greater Oil And Gas Resources: Will Chevron Be A Player? [View article]
    Using natural gas as a substitute for oil reduces CO2 from burning around 25% or so.
    May 14, 2015. 10:29 AM | Likes Like |Link to Comment
  • Forget About Timing The Market [View article]
    But Interest-bearing securities are not cash.
    May 12, 2015. 08:59 AM | 1 Like Like |Link to Comment
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