PrudentMan

53 Comments

    • Hedge Fund Hell [view article]
      Where is the "Hedge" in Hedge Funds? These aren't hedge funds. Anyone who thinks they are should be buying T Bills. These are nothing but over-leveraged crap shooters and like all crap shooter keep playing until they lose everything.

      I just happened on this article by accident, as I asked to be removed from the e-mail list, as I usually disregard anyone who claims to be ha hedge fund manager.

      Many years ago, when I started as a professional, we actually did hedge our bets.       Sep 01 05:49 PM
    • Wal-Mart vs. Target: A Better Starting Point [view article]
      Earning per share Trumps all this intellectual exercise. Nice but a small part of the story. Aug 31 06:29 PM
    • Will Sprint's Instinct Go Satellite with Sirius XM? [view article]
      Good presentation.

      Thanks!       Aug 17 12:29 PM
    • 5 Potential Buyout Targets in Biotech - Barron's [view article]
      The patent expiration problems of large pharma are well know. This article would have added value if the specific reasons why the target companies were potential takeovers would have given substance to it.

      In this day where primary research is virtually missing and everyone seems to be peddling their portfolio, it would be refreshing to get sound reasoning backed by substantive facts rather than mere opinions which are worth exactly what you pay for them.       Aug 17 11:22 AM
    • The End Run Around the Operating System Is Under Way [view article]
      Nothing like competition.

      "Constructive Destruction" provides great product.

      Will the change come from the entitlement-laden American worker of for some genius from another country who went to one of our "prestigious"... universities on a grant or scholarship from the American taxpayer so he or she can take their expertise to the homeland and exploit America's misplaced largess?       Aug 16 09:28 AM
    • Just How Correlated Are Oil and Equities? [view article]
      Want to be a loser in markets, use statisticst extrapolate or correlate. The physical science don't work in the social sciences and Wall Street has been conned by academia for decades with this voodoo. Ask the geniuses at LTCM! Sorry, but you still have to do fundamental research. Some even do primary along with secondary, but most analysts want their computers to do all the work. Aug 14 09:53 AM
    • Sprint Fights Back [view article]
      We were better off when T was busted up. This Congress sells itself to the highest bidder.

      Time for Congressional Term Limits so that we can have more political and business competition and presurve the Free Enterprise System from predatory capitalism.       Aug 08 11:31 AM
    • Microsoft Unencouraging [view article]
      One would get the impression this company is faltering in a booming economy.

      It's a company that is too big to make meaningful growth as the growth will be at the margins.

      Virtually no one has made any real money investing in MSFT in almost a decade. It is a good example for budding security analysts of when a great company reaches maturity.       Jul 20 10:30 AM
    • Does Al Gore Finally Get It? [view article]
      Read Richard Nixon's "State of the Union" speech of January 31, 1971. He was ahead of all of them.

      With this and him getting us out of the Kennedy/Johnson War in Vietnam, the one world government had to get him out of office for supporting his friends regarding a petty, silly breakin which only resulted in getting a list of Washington hookers.       Jul 20 09:59 AM
    • SEC Shorting Restrictions: Are Some Banks Being Set Up? [view article]
      What is interesting is that ten of the nineteen or 53% are Foreign Banks!

      Then you have the GSE's so actually 60% of the Commercial Banks protected by The SEC are controlled Foreign Bank shareholders.

      How blatantly bias can the SEC be? If they did their job for the past ten years instead of being controlled by the "Street", which actually they always have been but not so blatantly, none of this would be necessary.

      For your readers who are not aware of this, the Federal Reserve Board does not examine banks. The Comptroller of the Currency (Treasury), FDIC (which is a government corporation financed by bank insurance premiums, and the various state regulators. So when you see the media and politicians complaining about the Fed's audit of banks (banks do have "independent"... auditors, which is a farce) they patently do not know of what they speak.       Jul 18 09:19 AM
    • Bolt Technology: Charged for Growth [view article]
      BOLT only negative, that I can see, is their refusal to meet with analysts. Consequently, this raises questions in the eyes of institutional investors as it is required that they have research documentation to support taking positions.

      For the individual who refers to "this market environment" and obviously is a trader, who seldom win, I have been a professional investor for close to fifty hears and if you think this is a tough market you haven't been around. Oil prices will reach a price which rations the demand and the real estate market has already done all of the damage it can do. Of course, there will be many more problems but that is where we get opportunities to invest. Trading is a losers game only the "house" wins.

      Fifty years and I am still at.       Jul 08 11:13 AM
    • Days of Cheap Energy-Fueled Innovation Coming to an End [view article]
      This is very positive: the end of the Western World's dependence on energy from the disruptive Middle East. The world will be a better place.

      The Western Culture, with its propensity to adapt and overcome adversity, is well known, though most pessimistic losers in Congress and the media don't get it.

      When the automobile came on the scene the buggy whip producers and salesmen who were on the ball switched to producing goods and services for a new industry.

      We have a new expanding industry and certainly American Ingenuity will prosperous while the loser look for political protection of their inefficient products.

      This is Free Enterprise. A lot of Capitalist, a term coined by Karl Marx, will never catch on and go out of business. This is truly constructive destruction.       Jul 02 09:20 AM
    • On Oil and Its Manipulation [view article]
      Our largest petroleum company is eleventh in size of all petroleum companies in the world. They all are not publicly owned. To infer, without any evidence whatsoever, that the price is being manipulated is disingenuous as well as the claim by some socialistic congressmen that their are oil leases with oil not being drilled. Congress' economic ignorance is so apparent it is frightening as well as the fact that we only have the practical choice of picking from two sitting senators to become our president.



      Whether oil price is manipulated or not is known when the future contract expires and the user pay the producers. That is what, though many don't get it, the free market. To be surprised that legislators support legislation that favors their contributors and electorate is naive. It has been going on for centuries. Congressional term limits would ameliorate its impact as well as the line item veto and a balanced budget amendment.

      If you depend upon undependable sources for you raw materials there will be a risk premium, e.g., petroleum.       Jul 01 10:08 AM
    • Going New-School About Indexing [view article]
      Why not just "drill" into the index and pick out the best stocks, get the full benefit or their performance without the baggage of the losers? Takes a bit of work but it is worth it and you can get all the info you need free or for pennies a day.

      The current investment services model used by the major institutions, you know those firms who don't know the value of their own assets let alone others, is dead. No one needs them unless they are too lazy or dumb to choose their own investments. They should be in TIPS, the only true prudent investment and enjoy life with a good nights sleep. The stock market is and never was for the average person, including institutions. Remember the Prudent Man Rule? It is buying a lot of toys for security plaintiffs attorneys.
      Jun 30 11:39 AM
    • Options Trader: Monday Outlook [view article]
      As long as Obama stays strong, oil prices and other commodities will continue to rise and the economy and stock prices will continue to fall. Look at the correlation!

      Obama is an economic and security disaster and the large international investors know it. McCain is not that good, he is a Senator so he is not experience in getting anything done but get re-elected, but he is not a disaster like Obama.

      For the readers who do not have the experience of the Great Depression, as I do, you may have your chance if Obama becomes our president. He can print money only for so long as Germany realized too late in the twenties.

      Politics today is not a spectator sport. I am an old man so this affects me little. But those with young families better get involved or they will suffer the consequences.       Jun 30 09:49 AM
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