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AlbionWood

AlbionWood
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  • Weighing The Week Ahead: What Are The Lessons From The Market Turmoil? [View article]
    The only people who don't think a Postal Service is valuable are those with a strong anti-government ideology, and those who don't care if it costs $10 to send a letter.
    Aug 31, 2015. 11:08 PM | 2 Likes Like |Link to Comment
  • Bank Of Nova Scotia Dividend Stock Analysis 2015 [View article]
    The Monday panic was a great time to get into BNS! Glad I waited.
    Aug 28, 2015. 12:55 PM | Likes Like |Link to Comment
  • Prospect Capital: FQ4 2015 Results [View article]
    "they would not proceed unless the economics made sense."
    A specific question met with a vague answer. Does that mean they won't proceed if they can't get current fair value?
    Aug 28, 2015. 12:19 PM | Likes Like |Link to Comment
  • Rebuilding The Wall Of Worry [View article]
    "value investors are supposed to buy when others are fearful. It is so hard to execute this when the time comes."

    True, but it's even harder to sell when others are confident!
    Aug 21, 2015. 12:28 PM | 2 Likes Like |Link to Comment
  • Linn Energy and LinnCo tumble; rumor swirls [View news story]
    WTF?! When this kind of thing moves a stock, it's not really an investment any more.
    Aug 21, 2015. 12:05 PM | 17 Likes Like |Link to Comment
  • Ignore The Commodity Message At Your Own Peril [View article]
    Just took a look at the author's previous articles and predictions... It's almost funny, how someone so consistently wrong just keeps chugging along.
    Aug 12, 2015. 02:15 PM | 1 Like Like |Link to Comment
  • Ignore The Commodity Message At Your Own Peril [View article]
    "CRB Index is back down to the panic lows of early 2009"

    Hmmm... Remind me again, when did the stock market bottom out?

    I can't tell if the author intended this as a buy or sell recommendation. He seems to be a permabear though, so I guess he is advocating selling at market lows.

    "when has the Fed ever gotten any economic prediction wrong?"

    When have the market pundits done so? The fact is that nobody can make accurate predictions about the future; the Fed is no better or worse at it than anyone else. We are all orangutans with darts.
    Aug 12, 2015. 02:02 PM | 4 Likes Like |Link to Comment
  • The Case For A 300-500 Point Correction In The S&P 500 - And Still A 'Secular Bull' [View article]
    _Your_ issue is market confidence, but that isn't (or shouldn't be) the Fed's concern. Economic stability and inflation control are the the Fed's issues.

    I see a lot of authors and pundits beating this drum, but no real evidence that the Fed has "the markets" in mind when making their decisions. Investors always parse the Fedspeak through their own filters.
    Aug 10, 2015. 05:09 PM | Likes Like |Link to Comment
  • Which Are Better: Floating Rate Loan CEFs Or ETFs? [View article]
    I may have missed this - when you plot "annualized rate of return" is that total return (price + distributions) or just price?

    Several of these are exhibiting large discounts, with Z-scores less than -1, even though NAV has been holding up. Might be a good time to buy?
    Aug 3, 2015. 01:30 PM | Likes Like |Link to Comment
  • American Realty Capital Properties: Shooting For A 7% Dividend Yield? [View article]
    Any dividend is better than no dividend, right? Is there a scenario in which investors are so disappointed they bail (even more) out of this company?

    Frankly, the name change worries me. It's the kind of cosmetic foolishness that suggests more concern with image than substance. It will cost money, create confusion, and accomplish little.
    Jul 29, 2015. 11:22 AM | 3 Likes Like |Link to Comment
  • Closed End Funds: Total Return Or NAV Return? [View article]
    Also CEFAnalyzer.com - very useful screener.
    Jul 23, 2015. 10:39 AM | 1 Like Like |Link to Comment
  • Apple beats estimates, guides light; shares fall [View news story]
    Dan Scott - And Every.Single.Quarter. since then...
    Jul 21, 2015. 11:10 PM | 2 Likes Like |Link to Comment
  • Why Yield On Cost (YOC) Is An Important Metric [View article]
    Bee - Exactly. Why make it more complicated?
    Jul 17, 2015. 12:08 PM | Likes Like |Link to Comment
  • Why Yield On Cost (YOC) Is An Important Metric [View article]
    I'm not in any "camp" and try not to be too disparaging of others who are sincere in their efforts. Yet I do understand the frustration of those who debunk YOC every time it is mentioned, only to see it touted again and again. Those who have any education in accounting, finance, or economics are understandably annoyed when they try to explain the concept of "sunk cost" and why it is irrelevant, only to be either ignored or told to "leave us alone."

    If an author simply admitted that he likes looking at big YOC numbers and the resulting emotional boost improves his well-being, I'd have no problem, and congratulate him. But when an author uses examples that actually show how YOC is preventing him from achieving his stated goal, I can understand why some others jump in with derisive comments.
    Jul 16, 2015. 07:37 PM | 9 Likes Like |Link to Comment
  • Why Yield On Cost (YOC) Is An Important Metric [View article]
    kdellama's examples are clear and instructive. If you read them and still do not see that YOC is preventing you from increasing your income... then I guess we're done here.
    Jul 16, 2015. 07:02 PM | 1 Like Like |Link to Comment
COMMENTS STATS
865 Comments
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