howardroark’s Activity

Wed Aug 23

NL

Boards Post

howardroark replied to the Last RoundUp board. 9:56 AM

Re: How will Disney's Streaming Service be J

Lastly the data transfer piece is generally pretty cool. For large amounts of data the vendor supplies a large semi (or a container) loaded with storage servers and a fiber-optic pipe & the customers loads the servers as fast as possible. Then [more]

Thu Aug 17

NL

Boards Post

howardroark replied to the Berkshire Hathaway board. 7:50 AM

Re: OT: CBI Downgrade

the bonds are all trading money-good. for example the 22 5.15s are trading at 110 which is a ytm of ~3%.

Fri Jul 21

NL

Boards Post

howardroark replied to the Berkshire Hathaway board. 10:45 AM

Re: OT: Sears/Lampert saga

my god i thought they'd never ask. this kind of question can be as complicated as you like. first, the simplest answer. this isn't what i'd call the perfect answer, but it's coherent. it uses all the bloomberg adjustment factors. an [more]

Sat Jun 17

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howardroark replied to the Last RoundUp board. 9:53 AM

Re: Market is cheap?

I thought his argument made sense. Although, I recall pretty clearly (don't have the link) in 2006 he gave an interview where he said that we are in a bull market.

A lot of smart people seem to be saying that the market is
[more]

Fri Jun 16

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howardroark replied to the Last RoundUp board. 3:40 PM

Re: on orly?

What can be said that hasn't already been said by what has become a Library of Babel of investor-gawkers. The only thing I know for sure is that Amazon didn't buy Whole Foods just to own Whole Foods; it plainly has typically Amazonian [more]

NL

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howardroark replied to the Last RoundUp board. 9:02 AM

Re: on orly?

wow!

Thu Jun 15

NL

Boards Post

howardroark replied to the Last RoundUp board. 5:22 PM

Re: on orly?

just curious - do you have a source for this? the 'success in private label sundries'?

[more]

Wed Jun 14

NL

Boards Post

howardroark replied to the Last RoundUp board. 4:39 PM

Re: on orly?

You have any thoughts on WMT's odds of success with their new efforts and Lore's leadership? Is WMT going to be earning more or less money in 5 years? People seem to be buying into the WMT idea more lately.

At the recent Baird
[more]

Mon Jun 12

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Boards Post

howardroark replied to the Last RoundUp board. 6:57 PM

Re: on orly?

I assert the Kurt Eichenwald Hentai Family Banter defense

Sun Jun 11

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Boards Post

howardroark replied to the Last RoundUp board. 10:52 AM

Re: on orly?

but my real sour grapes is pre-Amazon having 150 different investment opportunities available to me basically turn into 2 or 3 or 1. I was telling my wife that I have to re-read Chapter 8 of One up ("The Perfect Stock, What a Deal" which [more]

Sat Jun 10

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Boards Post

howardroark replied to the Last RoundUp board. 1:16 PM

Re: on orly?

Weather matters for sure. Harsh but not catastrophic winters help a lot. Has been true for decades for AZO, CAO, AAP, ORLY and DAP before that and Western Auto when it was owned by Sears before that. Stories will never overlap perfectly because other [more]

Tue Jun 6

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Boards Post

howardroark replied to the Berkshire Hathaway board. 9:45 PM

Re: Active vs Passive

In the debate about active versus passive money management the focus is on the statistics that compare passive management (index Funds) and active management (mutual funds), yet if we are really interested in the best interest of the individual [more]

Tue May 23

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howardroark replied to the Berkshire Hathaway board. 6:12 PM

Re: Peak Passive

I don't quite know how to make the argument but I strongly suspect that the effect of all this passive investing on stock prices is not very great.

As much as I'd like an easier benchmark, I agree with you; I hate these [more]

Mon May 15

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howardroark replied to the Deranged Monkey Criticism board. 4:20 PM

Re: What is the right structure?

So what is the right structure?

I don't think there's any universal answer. I have charged 1&20 for almost fifteen years, yet I can see plenty of flaws in the structure. I mean, in theory that price allows you to own the [more]

Sun May 14

NL

Boards Post

howardroark replied to the Deranged Monkey Criticism board. 11:08 AM

Re: Profit Sharing in Funds

This doesn't sound great. The previous poster made a point about high watermark protection. This is one piece of an incentive quandary most hedge fund investors face. The profit sharing structure can be laden with risk taking incentives. And high [more]

Wed Mar 8

NL

Boards Post

howardroark replied to the Last RoundUp board. 4:19 PM

Re: Before you leave...HBI?!

Should you pay 14.5x for a no-moat underwear company that AMZN has targeted? I'd say half that.

Naj, you of all people should know that underwear moats are not as desirable as Buffett imagines.

Thu Dec 29

NL

Boards Post

howardroark replied to the Liquid Lounge board. 12:48 AM

Re: Hussman weekly commentary

Not to defend Hussman, but I'm sure that you would agree that performance attribution can be a tricky business.

His entire argument was that if only dumb dumb mr market had read fluid dynamics and understood boundary conditions it [more]

Tue Dec 27

NL

Boards Post

howardroark replied to the Liquid Lounge board. 6:43 PM

Re: Hussman weekly commentary

also, while i'm here, why not be a jerk. multiple thread topic summary from 11-12 years ago: hussman thought google's dutch auction led to an irrational ipo price ($42, split adjusted) fueled by irrational speculators who didn't [more]

NL

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howardroark replied to the Liquid Lounge board. 6:15 PM

Re: Sears Earnings

hello mr. howard, sorry for the late reply. if i may say you were a lyrical genius in your day and a quippy business historian to boot. but in case you have taken your eye off the ball or more likely have found yourself with internet privileges doled [more]

Sun Nov 20

NL

Boards Post

howardroark replied to the Deranged Monkey Criticism board. 4:53 PM

Re: A Few Ideas

I meant of course $1.0+ B in EXCESS of cost, if you record at market. Thomas Cook of India, Cara, ICICI holding, etc...

that's a fair point and always kind of a tough call. surely if you're shorting them out you can give full [more]

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Big red star, 1000 posts Top Favorite Fools Feste Award Nominee! Old School Fool
Board Posts 3179
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People who have rec'd these posts 2792
Recs to Posts Ratio (last 30 days) N/A
Threads Started 483
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Very First Post MONT sellling (6/22/1998)
Percentage of Posts Rec'd 75.24 %
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