Columbia’s Bruce Greenwald make some fantastic points. The second video is especially important as he talks about Fannie (FNM), Freddie (FRE) and why ignoring the balance sheet can be disastrous.
Category: Articles
Weekly on Tuesday’s at 8:30
Weekly on Tuesday’s at 8:30
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Subs: New Buy
Unless you believe the desire to reduce a company’s energy costs is going away, then this company looks like a steal at current levels
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A CRE Update
Mr. Green makes the important point on the difference to banks for CRE vs RRE. That point also bodes well for the “extend maturities” argument.
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Why We Bought Jamba Juice…..
This was originally posted Sept. 8th for subscribers. We bought shares based on this at $1.14 (currently stand at $2.02, 77% gain). Subsequent posts have bolstered the case for it.
As a shareholder, I am incensed that the company will have to spend money to defend garbage like this. Let’s look at this poster child of abuse of the US civil litigation system. The definition of frivolous…
Somebody decided to call me out on my General Growth thesis and did so by putting me in the same sentence as Goldman Sachs (GS) and Bill Ackman. Can’t decide to argue with or thank them….I’ll do both.
Somebody decided to call me out on my General Growth thesis and did so by putting me in the same sentence as Goldman Sachs (GS) and Bill Ackman. Can’t decide to argue with or thank them….I’ll do both.
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AutoNation’s Jackson at Auto Summit
Can’t say enough about Jackson. Had anyone in Detroit or Washington listened to him over the past 4 years, much of what the auto industry went through recently may have been avoided….
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AutoNation's Jackson at Auto Summit
Can’t say enough about Jackson. Had anyone in Detroit or Washington listened to him over the past 4 years, much of what the auto industry went through recently may have been avoided….
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Starting to Put Some Number to SmartStax
Dow Chemical (DOW) and Monsanto (MON) have combined to develop a one of a kind corn seed. Using Monsanto’s recent earnings release, we can start to put some hard numbers to it possible effect.
This again….. This was address before when this indicator was being used to declare “now was the time to buy” in Forbes in Feb 2009. At the time I said they erred in their interpretations of the indicator. Then it stood at 75, today 77. People are using this today to claim the market is cheap. They are wrong
This again….. This was address before when this indicator was being used to declare “now was the time to buy” in Forbes in Feb 2009. At the time I said they erred in their interpretations of the indicator. Then it stood at 75, today 77. People are using this today to claim the market is cheap. They are wrong
This is what happens when gov’t meddles in the market. Now, I am torn because C4C did help our AutoNation (AN) holding. But I fear its effect will be short term and leave potential buyers of new cars sitting, waiting for the next gov’t program before they go buy. Basically a short term gain and detrimental longer term effects. Anyway, the ugly result…