PosFCF’s Activity

Today

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 12:22 AM

Re: Tax reform

All that currently happens--otherwise those shares (and the associated dividends, splits, etc) listed in your portfolio are NOT yours. A specific share ID is not required--just how many are owned by whom at any point in time. Once a share is [more]

Yesterday

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:56 PM

Re: Medicare spending much lower than expected

Just doing some back of envelope calculations, the money we spend on Medicare/Medicaid could potentially fund HSA accounts for those on welfare. Would inject some patient responsibility to the equation and more competition from health insurers. [more]

Sun Aug 31

NL

Boards Post

PosFCF replied to the Political Asylum board. 11:11 AM

Re: Unions, Defined Benefit Plans, and America

Most people are financially dependent on their employers. Do their employers own them? Are their employers slaveowners?

Unregulated, they have a history of becoming so. Must use company store, must rent living quarters from company, [more]

Sat Aug 30

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 11:37 PM

Re: Port Strategy

I've continued to sift through NYSE companies looking for charts which show low accumulation that is now rising and four or five now upwardly moving other technical indicators. Last weekend I screened the charts for 740 companies, found 29 that met [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:57 PM

Re: Tax reform

jerryab2

Management does not give that option to shareholders.

I know that, you know that, but that wasn't your starting point. Your starting point was where your ending point is in the post I'm now responding to: in short, [more]

Fri Aug 29

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:43 PM

Re: Tax reform

No, it is outcomes that matter--not time talking to each shareholder. Management is hired to run the business and NOT screw up. That is why they are hired (right?). That also allows shareholders to hold management responsible for screwing up (if [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 3:23 PM

Re: Tax reform

As the liability of management is also "per share", that means each shareholder (even with shareholders owning just one share) has the legal authority to hold management personally liable for screwing up.

So each of a [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 11:18 AM

Re: Tax reform

Nobody forced them to buy those shares. Nobody forces them to sell either. It is the obligation of the shareholders to hold management responsible.

Is that a responsibility that is equally shared (i.e. a million shareholders each [more]

Thu Aug 28

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:37 PM

Re: Bad exits only for the Fed

After all, cycles require that someone, somewhere be experiencing pain in the form of a shortage or shortfall of money, goods or services. Such shortages have been done away by monetary policy which ensures that selected market participants always [more]

Wed Aug 27

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 3:17 PM

Re: Underwater mortgages still weigh market

Many "home ATMs" are still underwater. The laid-off construction workers are underemployed now.

Thus also reducing their ability to pick up and move to where the jobs are without destroying their credit at the same time. [more]

NL

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PosFCF posted to the Macro Economic Trends and Risks board. 3:11 PM

Making typos

Lucy Kellaway of the FT (Financial Times) does a weekly podcast in which she spears some topic of our business world.

This one really resonates with me. I hear parts of the song "Killing Me Softly" running through my mind as she [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 9:42 AM

Re: OT:The rules of the game shift

This is not meant to be political, but rather to point out that the rules as they apply to the US (in our eyes, at least) are not the same as we apply to others.

I don't get how this summation indicates that the rules have shifted, [more]

Fri Aug 22

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 12:48 PM

Re: Differences in Pronunciation in the US

Western Pa. it's "Y'uns"

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 10:14 AM

Re: OT? Bank of America

Steve

Yahoo finance allows you to pull up a chart of BAC going back to May of 86. BAC was dead money until the late 90s. With the wave of deregulation, BAC went from a range of $11-$12 to $50 by August 07, so a lot of people profited [more]

Thu Aug 21

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 4:36 PM

Re: OT? Bank of America

well...you could argue that the shareholders profited from the bank's sleezy business practices, which were enabled by that "deregulated, pro-growth, job creating" policy that we had at the time.

Actually, I think BAC [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:32 PM

Re: OT? Bank of America

Just fell off the turnip truck? }};-D

Back in the day the saying was: "I want some of what you're smoking!"

Poz

NL

Boards Post

PosFCF posted to the Macro Economic Trends and Risks board. 12:45 PM

OT? Bank of America

"Bank of America settles mortgage probes for $16.65 billion

Shouldn't that headline indicate somewhere in it that the shareholders are the ones who pay this fine?

Instead, a quote in the body of the Reuters piece [more]

Tue Aug 19

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 5:37 PM

Re: Cost of living in paradise

Not if you retire from California and go to Mississippi or if you go on a vacation to Mississippi.

Now that is a horror I just couldn't wish on anyone! If it is in your plans, good luck!

Finns go to Estonia because the [more]

NL

Boards Post

PosFCF posted to the Recovery in AA/NA board. 2:44 PM

8-17-87

What comes after 27 years? 27 years and a day.

Poz

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 2:27 PM

Re: Cost of living in paradise

LOL! I'm picturing a 'Valley Girl' with a Southern accent.

And I was envisioning a redneck at a slot machine in Biloxi!

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Big gold star, 5000 posts Old School Fool
Board Posts 7470
Recs Received 35804
People who have rec'd these posts 2005
Recs to Posts Ratio (last 30 days) 10.00
Threads Started 641
Threads Started Percentage 8.58 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: Asian Bail out coming? (9/2/1998)
Percentage of Posts Rec'd 70.98 %
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