captkerosene1’s Activity

Wed Dec 17

NL

Boards Post

captkerosene1 replied to the Macro Economic Trends and Risks board. 1:09 PM

Re: As Robots Grow Smarter

That computer composer sucks.

To be more specific the music:

1) sounds too "Jazzy."
2) has "too many notes."
3) is difficult to dance to.

I think we're safe for a little while longer.

NL

Boards Post

captkerosene1 replied to the Macro Economic Trends and Risks board. 12:59 PM

Re: Russia is collapsing at this moment

OK, so the Ruble is down by half against the dollar. That means that Russian imports cost twice as much and their exports cost half as much. Sounds to me like a self correcting situation. Now then, if they had huge foreign denominated debt and [more]

Mon Dec 15

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captkerosene1 replied to the Berkshire Hathaway board. 1:08 PM

Re: O.T. -Time to buy Russia?

For every seller there's a buyer. Feels like I'm standing in front of a freight train. But, the more I look at it the more I like Russian stocks. I'm buying more.

ck.

Sat Dec 13

NL

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captkerosene1 replied to the Macro Economic Trends and Risks board. 7:27 PM

Re: A "turning point day" for me...

<<One of our MLPs is Brookfield (BIP) which has sold off, in "sympathy", even though they re an Infrastructure partnership that owns toll roads, dams, electric grids and other great investments in very interesting places, worldide. I [more]

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captkerosene1 replied to the Macro Economic Trends and Risks board. 11:28 AM

Re: A "turning point day" for me...

There are better ways to protect your portfolio against the downside. The best way is to stay away from leveraged companies. Debt gets you into trouble during the bad times and it can lead to permanent loss of capital. Another option is to buy [more]

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captkerosene1 replied to the Macro Economic Trends and Risks board. 11:15 AM

Re: A "turning point day" for me...

<<I intend to start getting rid of any of my positions that fell more than the indices fell today, and I intend to increase the size of my positions that fell less than the indices fell today.>>

I think that's a bad idea. Way too [more]

Thu Dec 11

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captkerosene1 replied to the Berkshire Hathaway board. 12:28 AM

Re: O.T. -Time to buy Russia?

<<"No matter how cheap it gets, we will not invest in Russia. There's a lack of respect for captial." - Mohnish Pabrai>>

I just read that quote on the Corner of Berkshire and Fairfax message board. There's also a good [more]

Sun Dec 7

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captkerosene1 replied to the Berkshire Hathaway board. 7:11 PM

Re: O.T. -Time to buy Russia?

<<How do you feel about the purported effect of interest rates on P/Es?>>

I think high interest rates drive down P/E's. But like most macroeconomic variables I don't think it's too important. I prefer to buy "real" [more]

Sat Dec 6

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captkerosene1 replied to the Berkshire Hathaway board. 8:48 PM

Re: O.T. -Time to buy Russia?

All good points. I can't refute any of them.

At some point things get cheap enough that you can pencil in some pretty bad stuff and still do well. Maybe I just think that Russia is no worse than China, Argentina, Nigeria, India and a hole [more]

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captkerosene1 replied to the Berkshire Hathaway board. 2:01 PM

Re: O.T. -Time to buy Russia?

I'm thinking that a lot of the corruption is in pre-tax dollars ... cost of goods sold. Politically, the Ukraine will work itself out. Russia wants to be part of the world economy and will respect shareholder rights (mostly). A ten P/E is 70% up from [more]

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captkerosene1 posted to the Berkshire Hathaway board. 1:24 PM

O.T. -Time to buy Russia?

Blood in the streets. Ruble low. Oil low. Sanctions.

On the other hand:

P/E = 6
P/B = .75

(Going by the RSX and RSXJ ETF info pages.)

Looks like one of those "asymmetric" bets to me.

s.

Mon Dec 1

Wed Oct 22

NL

Boards Post

captkerosene1 replied to the Berkshire Hathaway board. 10:04 AM

Re: OT: IBM..."It’s a terrible mista

RTO - Rapid technological obsolescence. WEB misjudged IBM's vulnerability to it. This should have been in the "too hard" pile. The sooner WEB acknowledges this and exits the position the better. Does this mean that I think that IBM stock [more]

Thu Oct 16

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captkerosene1 replied to the Berkshire Hathaway board. 4:39 PM

Re: Ted and Todd - Results

<<If you listen to the fortune video posted in the past few days, he clearly said that most of the time, the market is in a range of reasonableness, which is a big range. Only 5 times in his life, he has stepped out to warn about the market, [more]

Mon Oct 6

NL

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captkerosene1 replied to the Berkshire Hathaway board. 2:36 PM

Re: VanTuyl Group

<<I already would not think of walking into a dealership ever again without a pre-negotiated deal in hand. My current complaint is that buying services like the one I've used are fragmented and do not have enough leverage over both dealers and [more]

Thu Oct 2

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captkerosene1 posted to the Berkshire Hathaway board. 12:41 PM

KO shuffle

I don't have it on tape but did WEB say that the total cost of the compensation plan was the same? Sounds like they just moved things around.
If the previous plan was excessive shouldn't the cost have come down with the new plan?

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Boards Post

captkerosene1 replied to the Berkshire Hathaway board. 10:58 AM

Re: Rails, Planes and now Autos

Much beter without Kernen.

Wed Oct 1

NL

Boards Post

captkerosene1 replied to the Berkshire Hathaway board. 12:59 PM

Re: Web & Becky together again...

They should have Winters on instead. I'd rather hear a critical view of the new plan. Does KO's performance really warrant the payment of Billions of dollars to management? Did KO pre-release the new plan to WEB for his approval? The timing of the [more]

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Boards Stats & Trivia

One star, 50 posts Old School Fool
Board Posts 123
Recs Received 155
People who have rec'd these posts 103
Recs to Posts Ratio (last 30 days) 3.20
Threads Started 31
Threads Started Percentage 25.20 %
Most Frequent Board Berkshire Hathaway
Very First Post Plan A (7/21/2001)
Percentage of Posts Rec'd 58.54 %
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