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mjwrona

mjwrona
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  • Dividends Matter, But Not For The Reason You Think [View article]
    Paul - I actually purchased and read your book. A wonderful read for an investor who wants to really start to analyze potential stock purchases on his or her own.

    I would add Sears to your examples. Sears was starting to have trouble in the late '70's. If anyone was shocked by the decline of Sears in the 2000's, well all I can say is that you had your chance if you did some research.
    Aug 17 10:48 AM | 1 Like Like |Link to Comment
  • Goodyear Increases Dividend 20%, But Is It A Buy Right Now? [View article]
    Don't pay too much attention to the short term, other than as a buying opportunity. Earnings per share are estimated at about $2.80 for the year ending December 2014, and $3.05 for the year ending December 2015. That is cheap.
    Aug 13 11:03 AM | Likes Like |Link to Comment
  • Frothy Market, Impending Correction - What's A Dividend Growth Investor To Do? [View article]
    Mathari = Just wondering if you consider yourself a dividend growth investor or a different style? I ask because while I like some of your picks, I like even better all the stocks you said not to buy. I think most dividend growth investors may agree.

    I am looking for a stock with a nice starting dividend yield and that has the financial strength to stick around and grow its dividend over the years. I don't care about price appreciation as much as I do about the dividend growth.
    Aug 7 03:15 PM | 2 Likes Like |Link to Comment
  • 3 Winning Stocks With Female CEOs [View article]
    If you want to know a successful CEO - look into Sally Smith, CEO of Buffalo Wild Wings (NASDAQ:BWLD).
    Aug 3 09:39 PM | 2 Likes Like |Link to Comment
  • Buffalo Wild Wings: Avoid Case With 10-15% Downside [View article]
    The company increased profits by 44% this quarter, and has guided to 25-30% earnings increase for the year. The wheels have truly fallen off? Please message me if you would like me to buy your shares for $100.00. I would be happy to do so.
    Jul 30 11:21 AM | Likes Like |Link to Comment
  • What Happens When Berkshire Hathaway Pays A Dividend A Decade From Now? [View article]
    Oh no he didn't!

    Tristano - I hope the DG community will have mercy upon you. LOL.
    Jul 29 07:37 PM | 2 Likes Like |Link to Comment
  • General Electric: Is Selling Out Now The Right Move? [View article]
    "But it wasn't obvious then."

    So which one is it? Was Immelt supposed to see a financial disaster coming that MerrillLynch, Lehman Brothers, AIG, etc. did not see coming even though they were far more involved in the derivatives/credit default swaps trading that precipitated the whole mess?

    Or was it not obvious?

    Immelt is not my hero. He did much wrong - probably the worst is cutting the dividend after he said it was safe - but it is ridiculous to paint him as a man who can do nothing right.

    I think that reversal in dividend policy shows how crazy that time was. People are forgetting it already.
    Jul 26 03:37 PM | 1 Like Like |Link to Comment
  • Update: McDonald's Earnings [View article]
    Alex - How did you determine that consumer preferences were going to change negatively for MCD from 2013 to 2014? Can you explain why there were not negative changes from 2012 to 2013?

    You are positive this is all about consumer preferences and not price hikes, menu confusion, or any other various and sundry reasons?
    Jul 25 04:19 PM | Likes Like |Link to Comment
  • Sell Microsoft Until $40 Amid Nokia Problems [View article]
    Rober - That was my thought too. This article may be ok advice for traders. But for a long term investor, I am supposed to sell the stock and wait for a 10% correction before buying back in? While missing the dividends of a company that has grown them over 15% annually over the last 10 years?

    Makes no sense for a long term investor.
    Jul 23 11:52 AM | 4 Likes Like |Link to Comment
  • RE: Silly Rabbit, Dividends Do Matter... [View article]
    Varan - I would love to see any comments you made or articles you wrote from October 2008 to March 2009.
    Jul 22 11:14 AM | Likes Like |Link to Comment
  • General Electric: Is Selling Out Now The Right Move? [View article]
    Jack is the reason why GE has a huge financial division that almost tanked the company during the 2008 financial crisis.
    Jul 22 09:41 AM | 16 Likes Like |Link to Comment
  • Philip Morris International Will Fall Like Ash [View article]
    This article is based on two major assumptions:

    1. Cigarette demand is decreasing over the long term.

    2. Currency translation is a long term negative.

    I disagree with both assumptions.

    European governments are realizing the cash cow that tobacco taxes are. This will stabilize. The long term projections I have seen have international cigarette sales increasing long term.

    In order for currency translation to be a negative impact permanently, you would have to believe that the US dollar is going to be relatively stronger compared to other currencies. I would say the odds of that happening are a long shot.
    Jul 21 01:51 PM | 2 Likes Like |Link to Comment
  • Silly Rabbit, Dividends Do Matter In Retirement [View article]
    Every time someone tries to convince me that $1 in dividends is the same as $1 reinvested in the business - well, the more confident I am in my belief that the dividend is superior.

    To all the authors naysaying dividends now, please show me the articles you wrote from October 2008-March 2009, with the same message.

    As a legal and financial professional with over 20 years experience, I know I was not feeling too good at that time. And I certainly do not remember any talking heads on TV saying to keep calm, "It's all about total return."

    On the contrary, those professionals were panicking and explaining to everyone why we were one step away from Armageddon. Yes Armageddon. Does everyone remember how often that word was used?

    The dividend shows a company's financial strength and discipline as well as giving you the component of total return that is not at the mercy of the marketplace.
    Jul 21 12:47 PM | 2 Likes Like |Link to Comment
  • Ignore The Bears And Buy Amazon [View article]
    I would argue that there is not a strong network effect either. There are no switching costs to move to another network. Visa or MasterCard have a strong network effect. It would be hard to get all buyers, merchants, and banks to agree to use a new credit card network. Even if there were another competing credit card network with a better offering, the amount of work entailed to get people to use it would be great.

    AMZN's scale does not create the same network effect. People can and do shop at other websites. I am not saying that AMZN does not benefit from a network effect, but that it is not strong. And it certainly does not justify a P/E of 550 on a company that already has a market capitalization of $160 Billion.
    Jul 18 10:18 AM | 4 Likes Like |Link to Comment
  • Ignore The Bears And Buy Amazon [View article]
    AMZN does not have a huge economic moat. Think about what that term means. It means that your competitors are really not your competitors because you have some type of advantage that sets you apart.

    What is AMZN's advantage? (Sometimes) the lowest price? What happens if Wal Mart gets serious about its e-commerce side?

    To my way of thinking, when investors screen for companies with economic moats they usually do so by looking for companies with high profit margins. AMZN has incredibly low margins. AMZN is the poster child for not having a moat.

    Perhaps economic scale and low prices will one day get AMZN to the place where nobody can seriously compete, but right now off the top of my head, WalMart and perhaps Alibaba could compete. Target and others if they chose to get serious. Maybe AAPL starts taking ecommerce more seriously?

    I love AMZN as a customer, but not as an investor. The price is too high for the lack of profits.
    Jul 17 03:10 PM | 4 Likes Like |Link to Comment
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