i received it yesterday from Schwab, only to find out that because its a special dividend it can't be reinvested automatically I'm ahead in the stock some even after the ex-dividend but I'm starting to feel like stock dividends are somewhat of a shell game since the value of the distribution comes out of the share price That doesn't happen with a savings account The woman I spoke to at Schwab said, well you're betting that the price will go up over time, but I'm doing that with a non-dividend paying stock too If I'm the one paying the dividend, whats the advantage, I should ignore the dividend in deciding whether to buy a stock Any old pros out there who see it differently?
Am I missing something? AGNC announced 3rd Qtr earnings of $3.98 If this is QUARTERLY earnings, and the coming quarters produce similar results, how is the PE Ratio 10? Isn't it more like 2?
I'm not a short seller of this stock, but i'm curious The stock is one of the leaders of the NASDAQ for the last year. Seems to me it wasn't that long ago there was fear of the whole thing becoming insolvent There is a former KMart not too far from me that has been vacant for at least 3 years, and I haven't been inside a Sears store to buy anything for at least 13 years is there some magic to the real estate, even in this age of severe competition and weak demand, that I'm missing?
If you're a shareholder you should receive notice of the meeting and how to make travel arrangements from Berkshire, through your broker
my feeling on Shorts on message boards is this:
They are like people who have a sure fire system for always beating the market but for some odd reason still need to peddles newsletters
If you believe this stock is going to crater, despite the fundamentals, your argument is with the analysts who are making the case for owning it.Trying to stampede people on the Yahoo message board would not even register on the outlook for the stock, your argument is with the analysts and institutional shareholders So save your breath I have my stops in, I am confident about this stock, and Im just enjoying ride
Remain calm. Look at the fundamentals UN said food production has to increase, people are rioting for grain. This stock is going to be volatile but demand for their product is surging.
I've seen the comparison to tech stocks in other places Its understandable But imho the fundamentals are different, the surge is the result of worldwide surge in demand, not speculative bidding up of recent IPOs with more potential than real sales and profits as in the dot.com boom. To be crude how much more "down to earth" and basic can you get than fertilizer? To me the fundamentals are compelling, demand is surging and prices are exploding, while fixed costs remain stable Also MSO appears to have a very strong balance sheet
Be my guest Looking forward to the spike when all the shorts have to cover.
Do shorts read the news about worldwide demand for agricultural commodities, and look at growth in MOS Earnings and outlook, or just at charts?
excuse me, but where has relying on the wisdom judgment and ethical standards of Wall STreet gotten us? Romney is just another interchangeable member of a classic type, the country club Republican (sorry if anyone is offended) About the only thing you could say is he might be less of a disaster than our current Messianic Republican leader By the way, when Salt Lake sends the word out to support Romney is it by certified mail or E-mail?
I'm a BRK holder, but on the broader market, I have a REIT fund which has been underperforming but REITs were on fire today. Is that just a bounce or does the rate cut make things more attractive for REITS on a present value basis? I read about one apartment house leveraged buyout that may end up with no value when all the dust settles Any thoughts from the smart guys on this board?
this may be a dumb question but is BAC assuming all of the known and unknown balance sheet liabilities of CFC? That sure seems like a potentially ugly pig in a poke.
An article in this week Barrons talks about the attractive yield now available in BAC but what is that worth if they get carried down the drain with CFC?
I used to have a large investment in a Canadian royalty trust but they Canadian taxes were taking a big bite Then they announced a new even higher tax policy What is the current Canadian withholding on those trusts, I did notice that the yield on PWG was very fat
Thanks for the info on the Swiss currency ETFs I remember now reading something about them recently
(as a BRK loyalist I won't repeat the name of the publication) Thanks again and good luck
any practical tips on playing commodities or currencies is appreciated (aside from staying with BRK of course) Any thoughts from anyone on mutual funds like Pimco Real Return, or commodity ETFs? Just ordered Rogers' latest books on the subject of China. Thanks
well darn it why do they all have similar strange sounding names? when we get through with our project of establishing Anglo-American Empire II, we'll give them names I can remember. Lets see, Rangers, Indians, Red Sox, Angels, Royals, there that's better.
how dare these people vote, invest and hold office? Put em in the stocks, right? Bring back Feudalism and droit de seigneur
GOODNESS, Warren has really got the obersturmfuhrers steamed up today. HCLASVEGAS i guess you could always arrange to have Warren buried in the dry lake south of the Boulder Highway. Call a few of your friends.
I would like to make a few points on this subject
1. Warren is not an alien who possesses knowledge that no one else has and that can not be taught. He learned investment principles from Benjamin Graham and obviously learned extremely well, but he didn't achieve what he has with blinding flashes from heaven
2. His wealth, his family's wealth and his enormous charitable commitments are tied up in the continuing success of BRK Does anyone think he built this edifice without designing it to outlast its creator? The essence of BRK is that it is designed to outlast the short term tides of fortune
3. He would not hire a hot shot from Wall Street, a "Master of the Universe" to take his place, someone who is obsessed with the short term and the satisfaction of his or her ego
He would want someone with discipline, insight, judgment, and vision
4. One of the keys to the success of BRK in its wholly owned companies is recognizing talent of managers and identifying people who share his values He would be able to use that same skill and wisdom in choosing his successor
5. Getting and succeeding at this job would be one of the crowning achievments for anyone interested in investing He shouldn't have any trouble attracting some very talented people, then choosing the one who has not the only brains but the vision and wisdom to take BRK into the future
Bottom line, BRK will long outlive me and I daresay the vast majority of the people posting to these boards
Its interesting, and I don't want to minimize or over-simplify Warren and Charlies approach but its interesting that following a basic value approach, buying businesses you understand, buying businesses that have strong established competitive position, not overpaying but not holding back when you find the right opportunity, has produced such stellar long term results, while highly complex quant approaches that no could really understand has contributed so much to the current crisis in subprime mortgages and securitized mortgage debt.
I have made 53 % in BRK-B shares in a little over a year. Making 50 % to 70 % over 5 years shouldn't be difficult
Its hard to see a scenario where BRK gets seriously over valued, its not that kind of a stock I personally think now is a good time to take a position, but you could always make an initial partial investment and buy more if there's a pullback. To me the opportunity cost of waiting would weigh more than risk of overpaying now.