EightTrack4

John Jacob Jingleheimerschmidt

EightTrack4’s Activity

Mon Sep 29

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 2:34 PM

Re: OAK to benefit from Gross leaving PIMCO

So now the question is how much equity (or other risky assets). There is your chance to make stuff up ^W^W^W justify allocation to equities using Monte Carlo or historical analysis.

I don't think it's a question of making things up. [more]

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 1:09 PM

Re: OAK to benefit from Gross leaving PIMCO

70% in equity getting 10% L-T.
30% bonds getting 3.3% L-T.

Seems doable, no?


How are you going to charge mucho dinero for a DB asset allocation study if your solution fits on a cocktail napkin?

I know you're [more]

Sun Sep 28

NL

Boards Post

EightTrack4 replied to the Berkshire Hathaway board. 4:02 PM

Re: OT: Mungo's pic of the day

It's harder still to dismiss hard facts.
It's a given that the typical large US listed firm is trading at a higher multiple of sales than has ever been observed, at least in data going back to 1964.

The current median P/S is 2.7
[more]

Fri Sep 26

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 7:17 PM

Re: Bill Gross Leaving Pimco?

Who owns all these bonds anyway? Bonds have never been a central part of my investments or even a significant part (since 1982).

Although I certainly understand why stillwater9999 does not favor bonds, one must chuckle at the [more]

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EightTrack4 replied to the Deranged Monkey Criticism board. 6:07 PM

Re: OAK to benefit from Gross leaving PIMCO

might as well say it and butter you up

I'd pay to read you ET....


Thanks for the kind words but I see my posts in the same light as U2's new album - downloaded to your device without your consent and of mixed [more]

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Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 4:08 PM

Re: OAK to benefit from Gross leaving PIMCO

Doug Kass mentions Oaktree capital to benefit from Gross leaving PIMCO. This board has few smart folks

I hope you meant a few smart folks :)

BLK is up nicely as is OAK and other asset managers. But of course some of that [more]

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 11:22 AM

Re: Bill Gross Leaving Pimco?

Obvious old guy question - if you can get virtually any album or so it seems for free from youtube why does anyone buy any music at all?

I'm old enough to recall the popularity of dual cassette decks. How many sales of Thriller [more]

Sun Sep 21

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 6:28 PM

Re: What's your search strategy?

1) I keep a stock watchlist of about 300 companies on globeinvestor.com

Depending on my interest in a stock, I either enter a stock onto my Interactive Brokers watch list (which triggers an [more]

Fri Sep 19

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 6:58 PM

Re: Education of a Value Investor, Spier

This book is a profoundly yet brilliantly practical guide for anyone interested in the world of investing and for those determined to forge their own path within it.

I haven't read Spier's book despite my continuing failure to [more]

Thu Sep 18

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 6:11 PM

Re: Interest Rates for Dummies

That may be the least of the gasps. Please know that I am filled with the same quaint mix of disdain and incredulity at myself as everyone else will be when they read the following:

Buffett is the worst when it comes to this stuff.*
[more]

NL

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EightTrack4 replied to the Deranged Monkey Criticism board. 3:47 PM

Re: Share Buybacks at PIR

thank goodness they now have 42m cash, 208m debt. I'm wondering if this "terrific deal" will make them opportunistic now?

If history repeats, PIR stock will crater, management will purchase back its debt at a significant [more]

Wed Sep 17

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 3:42 PM

Re: Interest Rates for Dummies

WigPig: I'm a dummy when it comes to (among other things) how to think about interest rates and investments.

Most of us are in the same boat as you. A few individuals are in a special boat, reserved for those who don't yet realize [more]

NL

Boards Post

EightTrack4 posted to the Deranged Monkey Criticism board. 12:58 PM

What color are Scottish swans?

In June 2012, Spain accepted a bailout for its troubled banking system.

Later in 2012, Cyprus imploded and accepted 10 billion euros of Troika Loans to bail out its economy and banks (its economy was only Euro 17b).

On October 15, [more]

Tue Sep 16

NL

Boards Post

EightTrack4 replied to the Berkshire Hathaway board. 4:23 PM

Re: OT: Calpers

...The king is dead, long live the king! Rename this board Icahn Enterprises.

Well, the point of the IEP versus BRK comparison was to indirectly emphasize that a) performance isn't everything, and b) past performance is not [more]

NL

Boards Post

EightTrack4 replied to the Berkshire Hathaway board. 3:03 PM

Re: OT: Calpers

Sorry, but I really don't see why the comparison is inappropriate over a longer timeframe (which 10 years should certainly be).

It may be inappropriate for the similar reasons why Berkshire Hathaway is moving away from its [more]

NL

Boards Post

EightTrack4 replied to the Berkshire Hathaway board. 2:13 PM

Re: OT: Calpers

The California Public Employees' Retirement System plans to divest the entire $4 billion that it has with hedge funds, saying they’re too expensive and complex.

So far the reporting on Calpers' hedge fund decision has been fairly [more]

Thu Sep 11

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 5:51 PM

Re: dumb question Alert!

Brilliant post as always. Your post reminded me of a puff piece interview with Salus Capital CEO Andrew Moser from just a couple months ago.

[more]

Mon Sep 8

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 11:31 PM

Re: amazon.com

It is all a game of Dorthy and those red shoes and that guy in the Lion suit. But the process is sound, and the approach from PL pretty much always works if you get lucky now and then and keep hunting. Doesn't mean you can't mess it up. I think [more]

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 5:47 PM

Re: amazon.com

my best idea this year (I know that cause you and I talked about it specifically so it isn't Hindsight Man) - up 200% or so

bot based on story, EBITDA, all that stuff.


One of the advantages of long threads about obscure [more]

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 5:21 PM

Re: amazon.com

Customer satisfaction?

Virtuous circu-errr...larit-y?


I truly believe that successful new business fields and developments necessitate the creation of legitimate new investing metrics (EBITDA) and furthermore erode the [more]

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Big red star, 1000 posts Old School Fool
Board Posts 1943
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