BenHacker’s Activity

Yesterday

NL

Boards Post

BenHacker replied to the Leucadia National Corp. board. 3:40 PM

Re: Leucadia Annual Meeting Notes

"Ben, if I ever make it out that way (have wanted to visit Portland for years and never got the chance), I'll be sure to take you up on it. "

Would love to.

Portland is a great town. Good food, good beer, not too [more]

NL

Boards Post

BenHacker replied to the Leucadia National Corp. board. 4:08 AM

Re: Leucadia Annual Meeting Notes

Gameguru,

If you are ever in Portland OR, beer / dinner is on me.

Thanks so much.

Ben

Fri May 22

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 5:19 PM

Re: NGVC - Natural Grocers

"1) If a shopper is truly price sensitive/tight budget, he may be forgoing organic or natural food anyway."

Agree, I guess it is hard to say the portion of folks who want organic (and are will to pay anything extra) but [more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 3:25 PM

Re: NGVC - Natural Grocers

"But traditional grocery stores, Wal-Mart, Whole Foods and now new Whole Foods concept, Trader Joes, Wegmans, etc. plus Sprouts and The Fresh Market and NGVC and all planning to expand further into organic, natural, etc.

Why won't
[more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 1:57 PM

Re: NGVC - Natural Grocers

Morrie,

"<I.You state that this is a lower priced version of whole foods. Do you have any stats on that? I've read anecdotal reports that their prices are 7-10% cheaper than Whole Foods which is midway between my estimates that whole [more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 12:20 PM

Re: NGVC - Natural Grocers

"Maybe Goog / MSFT back in the day... kind of funny."

Ahh... and our lovely XOM as well!!

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 12:18 PM

Re: NGVC - Natural Grocers

Thanks for the comments guys.

Yeah Martian, I can do the math, it's always a question of how confident are in forecasting the growth. In NGVC's case, I'd be pretty surprised if their 3-5 year revenue CAGR was <15%. I think the income [more]

Thu May 21

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 6:10 PM

Re: NGVC - Natural Grocers

"although I don't have a good feel for how their locations incrementally get worse over time..."

I meant by this their new locations added not being as productive as the first 100... not degradation of each location over [more]

NL

Boards Post

BenHacker posted to the Deranged Monkey Criticism board. 6:02 PM

NGVC - Natural Grocers

I recently bought a small stake here, thought I would put it out for thoughts as many of you are more into this space than I am.

Quick summary, I'll stay more qualitative now:
1) High valuation
2) High historical growth - store [more]

Wed May 20

NL

Boards Post

BenHacker replied to the Berkshire Hathaway board. 5:00 AM

Re: CBI/Schwab

"Can someone confirm if this means the current borrow rate is ~20.6% p.a., meaning IB would pay me (as the owner of CBI) 50% of this which would be ~10.3% ?"

It means that *if* your shares are borrowed, and lent out at that [more]

Fri May 15

NL

Boards Post

BenHacker replied to the Falling Knives board. 12:02 PM

Re: CBI

I didn't see anything. I sold out today. I think the company is still cheap, just didn't feel super comfortable with it. Hope longs here get lots more gains!

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 10:44 AM

Re: Poll: Tale of a hypothetical kitty

Had to respond to this pool since I missed the last one!

The $1b of stock was real cash, those investors received their (optional) dividend by selling shares. Seems that the company raised $100m, and returned $1B. Seems like a success, just [more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 3:11 AM

Re: So, Ackman: PHSZF

"IB doesn't seem to be a place for Buy and Hold investors. All the info I came across discussed the importance of activity in the account to ward off management fees. Unlike, say, Wells Fargo where I receive 100 free trades a year (never come [more]

Thu May 14

NL

Boards Post

BenHacker replied to the Berkshire Hathaway board. 6:11 PM

Re: What will WB buy next?

Appreciate the civil discussion on this topic, quite interesting. I'd like to add some things, might repeat some ideas above, so sorry!

I just wanted to throw my hat in the side that while I agree the differentiation here for many categories [more]

Wed May 13

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 7:59 PM

Re: So, Ackman: PHSZF

Thanks. I have no doubt their customer service is poor. Was more curious about options interface. The problem you were having was an interface problem, and the customer service issue you highlighted was around execution quality?

Thanks for [more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 5:39 PM

Re: So, Ackman: PHSZF

I don't trade options, but I've never heard anyone complain about IB's option trading platform. can you share more color? Are you using TWS to trade, or a mobile app, or webtrader?

Feel free to PM... always curious about IB users [more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 7:49 AM

Re: So, Ackman: PHSZF

"Another issue is the cost of purchasing this ticker symbol. Wells Fargo doesn't allow it. Fidelity said there's a $50+ fee on top of the 7.95 to trade it, so if you were convinced it was a good choice, you'd better be prepared to purchase it in [more]

Tue May 12

NL

Boards Post

BenHacker replied to the Falling Knives board. 6:20 PM

Re: CBI

Thanks Jim. I agree that earnings power seems quite strong... assuming that is so, then the balance isn't a total disaster... but the balance sheet isn't strong.

I guess my trouble with most CBI theses I have seen, is that they:
1) Trust [more]

NL

Boards Post

BenHacker replied to the Deranged Monkey Criticism board. 6:10 PM

Re: So, Ackman: PHSZF

I'll maintain that all this commentary is secondary to the real question those investing with Ackman must ask:

Given his current and much larger AUM, how relevant are his historical results? assuming he is good (i agree strongly), how much [more]

NL

Boards Post

BenHacker replied to the Falling Knives board. 11:51 AM

Re: CBI

Just a quick comment on CBI... when folks say stuff like "Fabulous balance sheet..." what do you mean?

>100% of the equity of the company is goodwill and intangibles. Are you liking it because of cash balance, or relative to [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating 48.58
Player Rank 38691 out of 75238
Score -53.57
Score Change Today -1.88
Accuracy 50.00%
Active Picks 9
Total Picks 15
Best Pick FRFHF (+139.42)
Worst Pick HNR (-127.80)
Average Score per Pick -3.57
Charms Earned 2
Highest Rated Favorite No Favorites Selected
Go to BenHacker’s CAPS page

Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1317
Recs Received 3707
People who have rec'd these posts 702
Recs to Posts Ratio (last 30 days) 7.00
Threads Started 160
Threads Started Percentage 12.15 %
Most Frequent Board Deranged Monkey Criticism
Very First Post Sysco Corporation (SYY) (6/20/2003)
Percentage of Posts Rec'd 64.84 %
Show BenHacker’s 10 Latest Posts