Gregmal

Anyone else find it amusing how the same people(generally speaking) who refuse to be fully invested, or who hold huge portions of cash, are the first ones to quip about how easy everything would have been to just take all ones money and "buy the index"?

These are always cool and all, and I certainly don't mind the reading, but I've yet to see a real one that the average Joe can look at and dream about. Beating the odds would be having a $10M income, regardless of what he does with it. Show me a guy would turned a $50-$100K salary into mid 7 or 8 figures. Thats impressive. Its like all those "Guy With 200K In Student Loans Got Debt Free" stories. Then you find out he and his wife made $15K a month a lived in a 600 sq ft house in Pennsylvania or with their parents...

Let's hope that where there has been smoke, there will be fire. Go get us $5B Jim! https://bleacherreport.com/articles/2821340-nba-rumors-james-dolan-courting-offers-for-knicks-sale-per-bill-simmons

UNIT is likely to be a good value investment at some point. WIN is a doughnut. No position in either ATM.

https://reorg-research.com//pdf/1862178.pdf I'd imagine there are at least a few on these boards who were following this. Fascinating stuff. Knowing the law well enough to find value discrepancies in linked securities. Someone just made a fortune

These types of incentives are apparently the norm and other companies making substantial investments are getting them, it's just not front page news because it's not Amazon. And they need to do it because cities and state compete with each other for these valuable prizes, and if high-cost (high tax) areas don't sweeten the deal, they'll lose almost every time to low cost (low tax) competitors, and yet it can still be win-win to give tax breaks because of the multiplier effect of having something like 25,000 high-paying jobs for the long-term in an area. This is NYC we’re talking about, not Buffalo, NY or Nashville, TN or the state of Nevada. NYC needs no such incentives to attract such firms. De Blasio and Cuomo come off looking clueless here. I take it you've never heard of this Ocasio Cortez person...

I dont really know what to think of Einhorn anymore. He clearly just lost it. Or maybe he never had it. The other day when BHF beat and was up decently I thought, OK maybe this is where the pendulum swings back the other way and his luck starts changing... Oh well, lol. He already sold. Meanwhile, Ackman is on fire again. I did always feel he was the only real talent out of the three stooges(Ackman, Einhorn, Tilson)...

Good for them. While AMZN certainly doesn't need any tax breaks, its great now that these moron politicians who railed against it now have to go face their constituents and explain why they killed this massive boost to the area strictly to benefit their own political ambitions.. I'd hate to be one of those people that went on a property buying spree just after the announcement.

IDK about the merger, but the business results look downright ugly. Definitely wouldn't want to own this if there's a deal break.

Then there is the Dalal strategy for building wealth... buying Tesla at a $75B EV. Which differs quite significantly from the more proven Trump, Bezos, or Buffett methods.

Bernie wants to steal from the owners of these corporations??? Nah, you dont say. I'm shocked. Perhaps Bernie should start paying his fair(not 11%) share on his $200k+ income and tell his wife to stop defrauding universities.

What do you mean he can’t take it? He’s taking it great as far as I can see. He saw the problem, took the hit on the chin, and may very well bury his adversary in the business graveyard. I’d be disappointed if he’d gone along with this two bit extortion. He was smart enough to see that his opponent was ‘Pecker’ from the national enquirer and not take the L. Side note, what kind of hourly rate would you charge to take on the mantle of “Lawyer for the National Enquirer”? Talk about laying down with dogs. Huh. I was assuming Dr. Evil in this scenario was Pecker. Love the Huff Post headline "Bezos exposes Pecker". You cant make this stuff up. I meant it more literally. Its always been amusing to me how much Jeff Bezos looks like Dr. Evil from Austin Powers.

Seems like Dr. Evil can dish it out, but he can't take it...

This is some high quality content brought to COBF. Thanks Costanza. I like both UPS and FDX although I dont own either yet. I do own Deutsche Post.

You know you have a good business when you can put out a garbage product like the typical Knicks roster over the last decade and still raise prices every year. But even Knicks fans apparently have limits. Their attendance is finally down to 16th in the league this year. I have no doubt it would be top-five again with a decent team. Yea I'm a lifelong NJ Devils fan. So I've noticed what goes on across the Hudson and at the same time been envious of their obvious advantages. What I've also seen is that even with what they tend to report as "poor attendance", they still sold all of their tickets for the event. Something the Devils, as well as most other teams can only dream of. The corporate sponsorship/subsidization as I refer to it, is insane, and keeps prices high.

Its had a nice run, but that's probably over now. Anyone else getting tired of these tech companies consistently lowering their forward guidance, just so they can "beat" the lower number next quarter? http://www.globenewswire.com/news-release/2019/02/07/1711817/0/en/NXP-Semiconductors-Reports-Fourth-Quarter-and-Full-year-2018-Results.html?culture=fr-ca

MSG Ticket prices always go up. Yes even during the GFC.

Sanjeev man, shut it down and start over. You have to know the saying of a good manager and a bad business...... Despite being a flaming liberal I think you're gifted, honest, and can do much better if you get a clean slate and fresh start. This dog has rabies and needs to be put down...

It’d be funny if they received similar items/service because Stitch Fix somehow figured out that we are communicating on CoBF. Super creepy, but you never know these days… Yea IDK. I never like to go buy something just because of a good experience, but the reaction from my wife(a boring accountant type, of course said and meant in the most positive but descriptively helpful way in terms of communicating) really kind of opened my eyes to the stickiness of this. Its almost a compounding effect once the user realizes the more they use the product the better the service algorithm understands them. Then they can't wait for their next order. And hey! If I dont like it, I can just return it. This is a very, very unique company. I have no position yet but am currently conducting due diligence and like that the share price seems to be lagging in hopes of me harvesting other winners and allocating before take off!

I dont know what you guys expect here. This is really the only option a company like this has.

It had been over a year since I purchased some GOOG, but after hours I forced myself to pull the trigger on a small piece. There's some moderate "concerns" but Google is basically the new Visa. It's "everywhere you want to be". All jokes aside, its core business remains moaty, and the growth is still there. Youtube IMO is really becoming a dominant piece of internet real estate. Whereas I view BRK as the perfect collection of "old economy" businesses, I consider Google to be the perfect collection of "new economy" businesses/assets. I dont expect massive outperformance here, but it's more stable and better diversified IMO than the FB's, AMZN's, AAPL's, and NFLX's of the investing universe. Only company(of the big ones) that I'd say is better situated is MSFT.

You have peaked my interest with this. Any quick insights you have about this company? Nothing worthy of praise as far as info goes. 90% of my short term bullishness is for technical reasons. More or less this is a classic in favor, to out of favor, let the pendulum swing story. So as we all know, it's highly levered. Minor improvements in the business and or debt reduction greatly enhance the equity value. I give some weight to the fact Joe Papa came over when the stock was trading at higher levels($35 or so IIRC), and a lot of his compensation is tied to stock options north of $60. Its been quiet of the VRX/BHC front for a while now. It seems after the name change and some time passing that the shackles of negativity are slowly moving away from the company. So on a fundamental basis, I dont see the same overhangs I did a few years ago. Now look at the chart. This thing has run up to $25 or so several times, and then fallen back. But again, like the broader market, it is resilient and knocking on the door again. It's purgatory trading range has basically been $12-25 and I think having done its time in the penalty box and shown sustainability at the core business, it's ready to make a big move if we see one more solid earnings report(Feb20). I looked at the options and having the above outlook, the March options look quite cheap. You can go long a $24 or $25 call for $2. That strike gives you a built in stop loss should earnings suck or the shares pull back down from the high end of the current trading range. Whereas if this runs you got IMO at least $4-6 per share in upside. Given the setup I think the options are very mispriced, and as such, am willing to take a swing with a small spec position.(For me defined as .5% of portfolio or less. In this case it is less)

BHC calls. This one looks like it's ready for a breakout. small spec position....

Yea not an NFL fan, but awesome to see greatness. So funny too how bandwagon LA/celebrityville is. This isn't even their team and all of a sudden they were all Ram fans... tools.

A current, or TTM PE is irrelevant and IMO shouldn't even factor into one's analysis. Forward PE can be important but again, I've never found it useful buying just on next year's earnings. Essentially one needs to be able to objectively analyze the business prospects going forward in order to get comfortable with an investment. So in the event that I expect a NTM PE of 10, and the following few earnings are off, there's only two culprits; 1) ME. I misjudged the business or environment, or 2) Management is either dishonest or incompetent. And even in the event of number 2, it is the investors job to make sure you are comfortable investing with the current management. So if you do the work, there are safeguards.