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Martin Schwoerer

Martin Schwoerer
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  • Nokia Is The Leader In Windows Phones [View article]
    All I can say is, if my Nokia Pureview 808 were a Windows phone, then it would be a powerful competitor to all things Android and Apple.

    Its camera is vastly better than anything else on a phone. And, the Rich Recording technology means you can video or record concerts at much better quality than with an iPhone.

    Two unique selling propositions in an upcoming OS that will be as modern as anything else: sounds like a recipe for success for me.
    Aug 22 10:40 AM | 10 Likes Like |Link to Comment
  • Greece May Be Forced Out By Germany [View article]
    There is a sub-text to all this. Germany is saying to Greece: you are not doing all you can do. Greece is saying: yes we are.

    And this back-and-forth will go on and on until Greece has proven that it is really bleeding, and that Germany is the real cause of social unrest in Greece - as opposed to a bunch of unruly trade unionists.

    Germans hate social unrest! But they also hate the idea of paying for striking taxi drivers and 55-year-old pensioners.

    That Germany is grasping at the straw of austerity -- the idea that you can somehow save your way out of a recession -- is ridiculous. But Greece not really showing that they are going all-out to reform is a major tactical error. From what I have heard, bureaucracy is Greece is still a byzantine mess.

    (Hollande's quick-and-dirty act of lowering the pension age to 60 is also a major error. Was he trying to convince the Germans that France believes in magic public finances?)
    Jun 24 11:09 AM | 8 Likes Like |Link to Comment
  • Nokia Update - Profitability Is Back, But Future Still In Doubt [View article]
    I think it matters less whether the Street was expecting more. What's really important is the Street's reaction to the news. And going up 16% is not exactly a "meh" reaction.

    Talk is cheap; watch the action.
    Jan 10 11:08 AM | 7 Likes Like |Link to Comment
  • 19 Things I Like About Dividends [View article]
    David, you have a swell way of putting things.
    Jan 31 11:20 AM | 6 Likes Like |Link to Comment
  • Yes, There Is A (High-Yield) Dividend Bubble [View article]
    This is a very good article (after about seven others which address the topic of a presumed "high-yield bubble"), because it defines exactly where the bubble might be:

    Namely, in high-yielding stocks that have unsustainable payout.

    I myself fell into that trap. I normally try to focus on dividend-growers with low payout ratios. But I bought Nokia a few weeks ago, just because I liked the company and I thought, with a 10% yield, what can go wrong?

    Everything went wrong, but happily, a lot has gone right in the mean time. And I learned my lesson and won't be fooled again.
    Aug 27 03:04 PM | 4 Likes Like |Link to Comment
  • Is Dividend Growth Investing Enthusiasm Inflating A Bubble? [View article]
    Excellent article, since it addresses the discussion about a possible bubble, and points to how DGI is actually self-correcting.

    Saying dividend-growth investing is a bubble would be like saying that purchasing real estate for rent income is a bubble market.

    It's not gonna happen. You can buy a house for rent income, but if you overpay, you get only 2% yield. Not too many people will do that and presto, bubble bursted. The same thing for DGI. If too many people join the bandwagon, then most investable stocks will yield less than 3%.

    Of course, there are a few people who will buy any stock that is growing its income, even if it yields only 1% or so. If we hear of *millions* of people doing that, then I'll believe in a bubble. Talk to you then...
    Aug 25 05:37 PM | 4 Likes Like |Link to Comment
  • A Picture Is Worth A Thousand Words [View article]
    Yes, but for the moment, neither a reasonable argument nor pictures will convince those who own Amazon. Perhaps telling the story using hand puppets would work.
    Aug 2 02:51 AM | 4 Likes Like |Link to Comment
  • Why Dividend Growth Is More Important Than Yield (Don't Be A Yield Vigilante) [View article]
    As good as this article is, my experience with strawberries is that they will multiply and grow for several years if you weed your strawberry patch often enough.

    Which is my way of saying: buying/planting isn't enough, no matter whether you intend to reap fruit or dividends. What you need to do is buy and monitor. Nothing is secure under the sun.
    Jul 20 09:07 AM | 4 Likes Like |Link to Comment
  • Why Averaging Down Is A Bad Investment Strategy [View article]
    Two points from me.

    Firstly, how do you know whether a stock is downtrending or uptrending when you buy? The author does not really say, and so the criticism whereas she is using a hindsight argument is quite valid.

    I tend to buy a stock only after the market has finished trashing it. The sellers have sold -- that's when you join the buyers. I use rather banal market timing indicators for that, i.e. the "golden cross" when the 50 DMA upcrosses the 200 DMA. There is nothing totally reliable about moving averages but they tend to mirror collective thought.

    Secondly, value investors and dividend freaks are happy when their favorite companies get cheaper. Their analogy is real estate -- if a house you desire is getting cheaper, then you'd be stupid to wait a year or so for a better price when you can collect rent in the mean time. The author has not really repudiated this argument; the company that makes Uggs is not quite prime real estate.
    Jul 13 05:15 AM | 4 Likes Like |Link to Comment
  • Why Averaging Down Is A Bad Investment Strategy [View article]
    No need to for a personal attack, Colin. An ad hominem argument leads to nowhere.
    Jul 13 03:48 AM | 4 Likes Like |Link to Comment
  • Jim Cramer Is Worth 39 Cents A Share [View article]
    Oh my.

    I have been a subscriber to RealMoney / TheStreet since around 1999. What was a unique service back then -- a real-time view into what traders and professional investors are doing -- is now about 10% as interesting as Seekingalpha.

    Earlier this year, the site got a totally unsuccessful rethink, restyle and re-structure and since then, the standard comment of users has been "I have tried to cancel my subscription, but management is not confirming any of my mails".

    They screwed up Altucher's company after they bought it. They screwed up their relaunch. The site has improved, but still has comparatively lousy functionality. Cramer writes 1-2 articles per day, some of which have actionable information, but some are just well-written musings and rants about the economy and about politics. Doug Cass's pieces are pretty interesting to me, but only appear on RealMoney with a big delay.

    After 12 years, I'll be letting my subscription expire. And I won't touch the stock with a long stick.
    Jun 27 02:47 AM | 4 Likes Like |Link to Comment
  • BlackBerry: Passport's Rave Reviews Cause Short Squeeze [View article]
    "After it was revealed in 2013 that German Chancellor Angela Merkel had her phone hacked by Edwin Snowden" -- I had to read this sentence three times before I was sure the author didn't mean Merkel's phone was hacked by Snowdon himself.
    Jul 2 08:10 AM | 3 Likes Like |Link to Comment
  • The Nikkei Slaughter Is Your Wake Up Call [View article]
    Not only was it incorrect: the widespread breakouts since then make a case for a quite different market.

    If the author had said, in effect, "OK, I was wrong back then, but here are the reasons why I am probably right today" he'd have gained some credibility. But as it is, he looks like a broken clock. (I.e., he'll be correct once a cycle).

    Scores of people in 1994-1998 said the market was due for a crash. They were all right, but only in the long run. I however am not interested in being right -- I just want to make money.
    May 24 03:09 AM | 3 Likes Like |Link to Comment
  • European Sovereign Debt Crisis: Up Next, German Real Estate Bubble? [View article]
    Parts of Germany are hot, but most are not, and many places are downright chilly.

    Over the past two decades, Berlin has been the one capital city in the world where young hip and sometimes creative types could live with extraordinarily little money. Just a few years ago, you could rent 100 sq meters for around 500 euros in Berlin. That has changed; especially real estate in hip areas is advancing by around 10% per year, which adds up to a lot of compounding.

    Hamburg and Munich are other boom areas. But even in my home town of Frankfurt, where most people complain of high prices, a guy like me can get by with paying 600 Euros rent for 70 sq meters. (I know, because I do). On the other hand, I have been trying to sell a beautiful penthouse apartment in a senior-citizen's residence, that I inherited, for a full eight months now. The gentlemen from Dubai and Kuwait who have expressed interest haven't let this so-called boom convince them into paying a quite moderate price.

    And much of the rest of Germany is a catastrophy if you're selling. Want to buy a house for forty grand? Then check out Detroit, or travel 45 minutes from Frankfurt, to the Rhön region.
    Sep 24 04:57 PM | 3 Likes Like |Link to Comment
  • The Start Of The 2012 End Game Is Upon Us [View article]
    I have to disagree. Several things are significant about what happened this morning in Brussels.

    Merkel drew a line in the sand -- and let it be wiped away by Monti. The center of gravity of power has shifted.

    There will be a European central banking regulator. That is also something Merkel even recently ruled out. Politically, it makes giving money to the banks a lot easier.

    I also disagree with the assessment that giving money to the banks directly is only incremental. It is actually quite major. Before, saving banks meant increasing sovereign debt meant ramping up interest rates meaning making the whole process financially unfeasible. Now, banks can actually be saved or restructured in practice, and not just in theory.
    Jun 29 11:30 AM | 3 Likes Like |Link to Comment