EightTrack4

John Jacob Jingleheimerschmidt

EightTrack4’s Activity

Fri May 22

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 7:17 PM

Re: Best Ltr to Shareholder YTD

With these types of headwinds, I imagine the company could be a winner with strong cashflow and potential consolidation of stations. Of course, I haven't looked at the company yet, so I don't know if that is present here.

GnV - no [more]

NL

Boards Post

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

Re: NGVC - Natural Grocers

If this seems too much like ball-busting I'll stop but I really enjoy exploring potential stock purchases.

I'm placing my bet here basically because I think in this case, for a chunk of the market, a price focused well run firm will do [more]

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 3:00 PM

Re: NGVC - Natural Grocers

Don't own any of the organic/natural supermarket plays but I have looked at them.

Quick summary, I'll stay more qualitative now:
5) 1/5 of store space or so dedicated to vitamin, rest of store is all organic / non-additive foods /
[more]

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 12:35 PM

Re: Position Sizing

I saw that you had some small position sizes - e.g., 35 basis points in BRK. I have been trying to get away from particularly small positions that aren't going to make a difference in my overall results. So, I am wondering what your thinking is [more]

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 12:19 PM

Re: APO & Athene

Martin Sass was on CNBC touting Apollo. He thinks it is worth at least 50% more. I don't follow Mr. Sass at all and no opinion on his investing.

This is the second time Martin Sass has touted APO. I don't follow him very closely but [more]

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 12:10 PM

Re: Best Ltr to Shareholder YTD

Up about 20% since your original post. I haven't had a chance to take a look yet and don't own any. Congrats if you do.

Thanks but it's a mixed bag.

I made it a 25 bips starter position on April 28 at $7.28. RELY is [more]

Wed May 20

NL

Boards Post

EightTrack4 posted to the Deranged Monkey Criticism board. 7:20 PM

Go to Zero!

http://www.economist.com/whichmba/mba-case-studies/case-stud...

The good folks at Kerrisdale Capital teamed up The Economist [more]

Tue May 19

NL

Boards Post

EightTrack4 replied to the Berkshire Hathaway board. 8:08 PM

Re: How many different positions do you have?

So, I was curious about how focused or diversified the rest of the board is at this time.

78 positions
36 positions over 7.5 bips
31 positions over 25 bips
14 positions over 100 bips
Top 5 positions approximately 50% [more]

Sat May 16

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 12:07 AM

Re: Poll: Tale of a hypothetical kitty

The bitcoin era ends rather abruptly and Initech rapidly descends into insolvency. Shares quickly go to zero.

Initech never issued any shares and never paid any dividends. At the time of its demise, there were 9.5 million shares
[more]

Thu May 14

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 7:43 PM

Re: Best Ltr to Shareholder YTD

Have not yet made an attempt at valuation, but notice the stock price is up a lot in the last month.

However, if you want to make an attempt at valuation, here is a company for which I would certainly welcome additional thoughts on [more]

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 7:36 PM

Re: Best Ltr to Shareholder YTD

Have not yet made an attempt at valuation, but notice the stock price is up a lot in the last month. Of course, given the large movements, the price could change a lot by the time I have an opinion.

Further clarification is probably [more]

Wed May 13

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 2:51 PM

Re: Alt Managers and Tax Rules

In essence OAK, APO, and perhaps ARES produce so little UBTI per dollar of distribution that they are either safe from taxation in a tax-deferred account or one is risking a low single digit tax rate.

I don't have an account that I [more]

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 2:31 PM

Re: Alt Managers and Tax Rules

Honestly I can't remember a year when a senior member of our esteemed Democratic leadership (President, House or Senate leader, Way and Means ranking doofus) hasn't proposed taxing private equity or hedge funds more. One also reads about [more]

Tue May 12

NL

Boards Post

EightTrack4 posted to the Stereo 8 board. 12:51 PM

Best Ltr to Shareholder YTD

I always like reading well written letters to shareholders.

So far my nomination for best letter I've read this year goes to ... Signature Group Holdings.

Craig Bouchard's missive is clear and compelling. This may be a CEO-Owner [more]

Mon May 11

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 5:56 PM

Re: APO & Athene

(1) They returned to growth in AUM. I think they reported 2% for the year, it is also about 2% for the quarter.

There have been a lot of distributions to limited partners in the past few "harvesting" years. As the cycle [more]

Fri May 8

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 5:57 PM

Re: MKL (Markel Insurance)

What about current valuation? Currently Markel (MKL) is trading at 1.4 times book. That is low from a historical standpoint, but not in comparison to the last 5 years

I like Markel although I've never owned it, not even a dink. My [more]

Wed May 6

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 11:00 PM

Re: The End is Near

Got to give Gross credit for his recent "Short of a Lifetime" call on 10-year German bunds.

[more]

NL

Boards Post

EightTrack4 replied to the Deranged Monkey Criticism board. 1:08 PM

Re: The End is Near

Got to give Gross credit for his recent "Short of a Lifetime" call on 10-year German bunds.

My nomination for Most Overrated Former Pimco Talking Head goes to Mohamed A. El-Erian. At least Gross makes strong calls. El-Erian just [more]

Sat May 2

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 8:26 PM

Re: GLRE - Greenlight

From Berkshire annual meeting:

http://blogs.wsj.com/moneybeat/2015/05/02/live-analysis-the-...

A question on trends in [more]

Fri May 1

NL

Boards Post

EightTrack4 replied to the Stereo 8 board. 5:51 PM

Re: GLRE - Greenlight

However, what really is holding GLRE back is actually the investment returns. If Einhorn were returning what he was early in his career, or even significantly less, GLRE book growth would be fast, even with the underwriting hiccups. [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75238
Score 0.00
Score Change Today 0
Accuracy 0.00%
Active Picks 0
Total Picks 0
Best Pick ( 0)
Worst Pick ( 0)
Average Score per Pick 0.00
Charms Earned 0
Highest Rated Favorite No Favorites Selected
Go to EightTrack4’s CAPS page

Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 2212
Recs Received 9523
People who have rec'd these posts 1152
Recs to Posts Ratio (last 30 days) 6.50
Threads Started 262
Threads Started Percentage 11.84 %
Most Frequent Board Liquid Lounge
Very First Post Only fear is AXA itself... (2/5/2001)
Percentage of Posts Rec'd 82.78 %
Show EightTrack4’s 10 Latest Posts