Show Latest Posts:

The 10 Most Recent Messages By mungofitch

Take me back to where I was.
  • Date: 4/26/17 4:53 PM
  • Number: 266254
  • Recommendations: 15
FWIW, since I posted about the "99 day rule" in September 2008, the annualized rate of return
on the Nasdaq Composite (no dividends)
has actually been higher during the bearish periods than during the bullish ones, by 13.1% to
(Continued...)
  • Date: 4/21/17 3:49 AM
  • Number: 266216
  • Recommendations: 0
Jim: ratio(hgprc(21,63),lgprc(21,63))<1.15 did not seem to work out well and also disregards the current price, which seems like it should be a part of any screen.

In case there was a misunderstanding, I suggested that code
(Continued...)
  • Date: 4/20/17 12:09 PM
  • Number: 228951
  • Recommendations: 11
"Loophole" hardly seems like the word I'd use to describe it.
It seems more like a sensible clarification of the original intent of the law.
Do you think of Berkshire as a car manufacturer?

It would take a real stretch
(Continued...)
  • Date: 4/20/17 11:08 AM
  • Number: 228946
  • Recommendations: 2
PE of 13.2 and 3.3% dividends for an arguably declining enterprise or a turnaround story.

I think you've hit the nail on the head.
To me the question is, is a P/E of 13.2 a fair price for something that is either in secular
(Continued...)
  • Date: 4/20/17 9:01 AM
  • Number: 266213
  • Recommendations: 3
As you can see I'm just using gprc everywhere else. Where were you advocating I use hgprc(L,D)highest closing g-price ?

I was thinking back to the original post, with the diagram of the intended price trajectory.
A price
(Continued...)
  • Date: 4/20/17 5:51 AM
  • Number: 228944
  • Recommendations: 14
IBM is a good company with a lot of potentials, but it's not managed well. What need to happen is Rometty need to be replaced.
She is going to be 60 years old this year. 60 is the suggested retirement age at IBM.


It might
(Continued...)
  • Date: 4/18/17 1:32 PM
  • Number: 266187
  • Recommendations: 4
lgprc(L,D) is the lowest closing g-price
We also have
glow(L,D) the lowest intraday g-price
Which do I want?


You're merely trying to find a section of the price that is "flattish".
A single wild trade
(Continued...)
  • Date: 4/14/17 3:58 PM
  • Number: 228880
  • Recommendations: 18
I may be mistaken but I think he has said on many occasions that a long term shareholder would do well buying BRK at 1.2 BV or below (in addition to his buy back threshold).

Sure.
But the context of those statements is that 1.2
(Continued...)
  • Date: 4/12/17 4:23 PM
  • Number: 228833
  • Recommendations: 1
if your planes arrive safely
...
I would suggest that most people also worry about whether the passengers arrive safely.


That was my intent. The two do correlate very strongly, after all. If there's a crash, neither
(Continued...)
  • Date: 4/12/17 3:51 PM
  • Number: 228831
  • Recommendations: 5
it really *does* matter that he not antagonize staff, and not be seen as the "them" in an "us and them" relationship.
Wow. Who is "us" and who is "them"?


In my comment, the risk is the
(Continued...)
Show Latest Posts:
Total = 10

Take me back to where I was.
Stock Folders: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z