kelbon’s Activity

Fri Jan 23

NL

Boards Post

kelbon replied to the Berkshire Hathaway board. 11:43 PM

Re: IBM

Two more cases in point where these parameters also provided outsized returns are General Dynamics and Lockheed Martin. Both stocks are three-baggers to date.

In my experience, when a good company's stock is this low [P/E of 10, or [more]

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kelbon replied to the The BMW Method board. 5:52 PM

Re: It's hard to be a lurker when

It actually took three to tango in this case.

The housing debacle was as if a three legged stool, each leg playing its part in holding it up.

The three legs were: the US government, Wall St., and individuals who committed to [more]

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kelbon replied to the The BMW Method board. 12:55 PM

Re: It's hard to be a lurker when

Murph,

Whether you are a card carrying member of some radical political persuasion, or not, I have no idea. But, intentionally, or otherwise, you are giving the impression that your agenda is to blame government for all ills—including [more]

Thu Jan 22

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kelbon replied to the The BMW Method board. 11:49 AM

Re: It's hard to be a lurker when

Private debt is bad. Government debt is good (it can be inflated away).

No one has suggested what you suggest. Not even implicitly.

Whether debt is a lever, or a millstone around one's neck, depends entirely on circumstances [more]

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kelbon replied to the Berkshire Hathaway board. 10:32 AM

Re: IBM

Do you have any that didn't take place during one of the bigger stock market run-ups in history?

Value Line data—that I have access to—goes back to 2004.
Here are some examples of single digit P/E companies, with high [more]

Wed Jan 21

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Boards Post

kelbon replied to the Berkshire Hathaway board. 9:28 PM

Re: IBM

Can you name some instances, and for extra credit, in tech field?
Or is it your feeling that this should be generally true?


Intel
Low share price for 2011 $19.20
ROE 28.5
ROTC 24.5%
Average P/E 9.2
Current [more]

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kelbon replied to the Berkshire Hathaway board. 5:32 PM

Re: IBM

Famous last words: I trimmed half of my position a few days before the earnings report.

I haven't sold any of my small position in IBM, and, very briefly, here's something to ponder:

IBM's stock is priced at around 10 times [more]

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kelbon replied to the The BMW Method board. 11:30 AM

Re: It's hard to be a lurker when

Good debt is when you borrow to create productivity, for example, set up a business. Bad debt is when you borrow to pay for non-prductive expenses like a vacation.

The notion that there's good debt and bad debt and that it can be [more]

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kelbon replied to the Berkshire Hathaway board. 10:39 AM

Re: IBM

Time for WEB to admit the mistake and move in.

It will be a mistake only if IBM is unable to adequately adapt to a rapidly changing environment. A belief that their earnings will be perpetually hobbled is priced into the stock, so the [more]

Tue Jan 20

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Boards Post

kelbon replied to the The BMW Method board. 8:49 PM

Re: It's hard to be a lurker when

So simply blaming the private/personal sector doesn't cut it with me.

Right then. But, although your comment is addressed to me this isn’t the subject at hand and not what I suggested. Perhaps you misunderstood my post?

What [more]

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kelbon replied to the The BMW Method board. 4:38 PM

Re: It's hard to be a lurker when

Don't agree that people greedily took out mortgages.

Yes. Bad choice of word. Perhaps "people naively took out mortgages" would have been more apt?

I agree that many, if not most, people who took out risky mortgages [more]

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kelbon replied to the Value Hounds board. 2:42 PM

Re: Why I like stocks with high short interest

See the behavior of PETS today. Up 10% or so on good earnings. Short interest is around 25%.

PetMed Express is a company that I've kept tabs on for a while. For years it has been an attractively priced and sound company with [more]

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kelbon replied to the Value Hounds board. 10:45 AM

Re: Tesla time?

Wake me when it hits $100. Then it'll be a value proposition.

Even at $100 a share I think it speculative. At $100 a share you would be betting on very significant and enduring earnings growth.

This is an industry (autos) [more]

Mon Jan 19

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kelbon replied to the The BMW Method board. 11:59 PM

Re: It's hard to be a lurker when

I've heard many democrats state (somewhat paraphrased), "current levels of debt and borrowing are sustainable and good for the economy because nothing bad has happened yet."

I don’t know about that, but both Democrats and [more]

Fri Jan 16

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kelbon replied to the Falling Knives board. 9:52 PM

Re: FKA: PCP

Great business, maybe not the best stock to buy right now.

I have to agree with sw (on this one) that short of continuing bad news from the company or a market wide correction, neither of which is predictable with any certainty, then [more]

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kelbon replied to the Value Hounds board. 3:52 PM

Re: Random Observation

I do own some CLX, but think it is fully valued, probably over priced.

I think that CLX is probably fully valued and perhaps over priced too.

But, I'm pretty sure neither of our conclusions are influenced by this bit of Tom [more]

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kelbon replied to the Value Hounds board. 2:55 PM

Re: a humiliating lesson

Both accounts are up around 27% in a year and that includes dividends. My other ports had a miserable 2014 largely due to energy. Those have far more holdings and fall far behind these simple mindless IRAs. I should kill myself now. It's really an [more]

Wed Jan 14

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kelbon replied to the Value Hounds board. 11:21 PM

Re: Random Observation

starting to feel like 2008...

or January 2009, for the price of oil at least, which is the last time crude was at the current price (adjusted for inflation).

[more]

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kelbon replied to the Value Hounds board. 1:42 PM

Re: UNB - what's the news?

Sorry, my mistake.

Two different banks with very similar names.

Union Bankshares, Inc.
Union Bankshares Corporation

Fri Jan 9

NL

Boards Post

kelbon replied to the Value Hounds board. 12:08 PM

Re: US Ecology (ECOL)

Perhaps one day RSG (my other waste collection investment) will buy out ECOL

Perhaps one day RSG will buy ECOL, though they might want to wait a while to see how quickly and effectively ECOL can pay down the debt they took on to buy [more]

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 4114
Recs Received 17037
People who have rec'd these posts 1483
Recs to Posts Ratio (last 30 days) 12.70
Threads Started 475
Threads Started Percentage 11.55 %
Most Frequent Board The BMW Method
Very First Post A word of caution.... (5/15/2001)
Percentage of Posts Rec'd 83.50 %
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