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<To grow my TANGIBLE NAV 12 % plus a year>
12% a year my ass, check the chart! Dont forget to add the divies! (which will bring your return to about 0%!) Not including taxes and the sky-high fees.
Oh I see, you must have bought at the two year low. You called the exact bottom. You're the one drinkin' the Dreman-Aid, or maybe you're just stupid? I'm guessing the latter.
idiot. you should be adding, not subtracting, the dividend to the total return. thus 12% increase to NAV + 7% dividend yield is 19% total increase attributable to Dreman. it IS worth paying someone 2% to do this. because the chart shows a lower return just means it's a bargain now. NAV is still $21+
The fund (DcS) went from $21 to $18.75 if you include divies you're almost break even not including taxes and fees. I'm talking about real world return, I'm not interested in NAV, thats much like IV, HC can't pay for hookers with that. when it hits NAV which might be never then we'll use that #.
Hello there. First of all the SEC makes these closed enders use the IPO price 20,I use 19,which is what Dreman netted from the IPO,2 years ago. The TOTAL fees and costs on the entire amount being manged is 1%,end of story. So far,I ripped Dreman off,he worked WAY TO CHEAPLY for what he has done to date!! Gabelli as well with gdv.
HARD to believe. The IPO was done @ 20 ,which netted Dreman 19 a share. You may be surprised to learn a company doesn't NET the gross proceeds from the offering in an IPO,ANY IPO. I love it in brkville,so many college boys,but they can't make any money. AAAAAAAAAf--kmen!
<<Last Update: 11/28/2005
My Email: Private
LOL,you brkheads are SOOOOOOOOOOOO clever,you just joined us 6 weeks ago,right sweetypie? When your net worth exclusive of what mom left you,tops 100k,let me know,until then,iggy! Have a grand day,sweety.
<you just joined us 6 weeks ago,right sweetypie? When your net worth exclusive of what mom left you,tops 100k,let me know,until then,iggy!>
Yes I've been here only 6 weeks and I already realise you are a complete idiot if not a raving lunatic. My net worth is well over 100k not that it is any of your business. And also I'm alot younger then you. Oh well, good luck with that overpriced DCs fund. I just think it would be interesting if you held Dreman to the same standard you hold Warren to. Since you pay him alot more then you pay Warren. Have a nice life sitting in front of the screen posting the same drivel day after day. Its depressing reading your posts. So please stop. TIA
Typical brkville piece of