zero hedge, I guess buffett likes this ??
hi hbird hope all is well. Im busy with other projects so I haven't followed it, thanks for the update. I hope buffett doesn't have his heart broken again, by people he loves and trusted for years ?
from this story,
++ Twitter offers an extreme example of the impact of stock compensation. It swings to a projected 2015 loss of 90 cents from a profit of 34 cents when employee share awards and other costs are reflected in its results. Stock compensation at Twitter is off the charts, relative to the company’s size, at a projected $770 million this year -- a third of its revenue. ++
Cramerclown and many cnbc, gangbangers, have been touting and loving on twitter since the ipo, shameful.
those trying to make 2 % , taking almost return free, RISK, could get punished, just sayin.
seeking a, piece ??? Thank you.
from our iras, 401ks, kids 529s, cops, teachers, firemen, etc, WHO supports these outrageous pay packages ?? shameful.
bearish brokers cant make money and protect clients ? cnbc viewers want the bullish case, only ? I disagree.
no div , no buyback news, expenses still 1.7ish, the guys running it own control positions, so no chance of activists , head guy not trusted to look out for shareholders etc. A fund owned 2 million shs, I spoke to them last year, they got tired of it, sold and moved on to other CEFs, their selling juiced the discount to 21ish % while I bought. I wouldn't buy it now, just a hold, imo. The fund was Doliver I think, that sold it I don't have my file handy.
sooner then we think ! Stay tuned bud.
huge changes, they merged 4 funds to lower the costs to a more reasonable level. a buyback may be coming, imo. still very heavy overweight brk and very concentrated.
++ morning HC,no,that bucket sprung a leak this year.++
professor, what dat means bro ?
good read for you.
++ but any number divided by zero is a big number++
professor, uncle warren is earning VERY little on 60 BBillion, obviously he agrees , sometimes it makes more sense to NOT throw the dice for puny returns because 1.7 % beats zero % IF, you get lucky. For your sake I hope the market continues to go up every 1/4, forever, and we never have another 20 % drop. write buffett bro, tell him what u are doing, he'll answer you OR , he might just say, listen to my favorite nephew, hc, professor, Vegas is taking you to school, listen and learn !! OR buffett might say, brilliant trade professor, and i'll go to rehab, fair enough ?? continued good luck , throw them bones, Vegas is filled with winners who shoot dice !!
jad, years ago MMFs yielded 3-4 % and higher so the cash securing the puts earned more than many current puts sold return with zero yielding MMfs, its nuts !! That's what super low interest rates have done to investors thinking, retail is clueless with respect to RISK being taken for, puny returns !! WHEN will they get punished ? ITs only a matter of time, many will get whipped out, again, WMT needs greeters !
++ The options expire in Jan of 2017 which means you only earn 2.7% in 1 year and 7 months or about 1.9% annualized.++
right, now you see how silly it is to tie up your cash for that puny return. PLUS, if you try to buy them back on weakness in the stock, in a fast market, the quote might be 3.50 bid offered at 5, now what do you do ?? Bid 4, good luck ?? buffett and munger would never ever bless that trade, no way.