knighttof3’s Activity

Today

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 4 hours ago

Re: Valuations: a counterpoint

Thank you Tangofan! That was it.

The thread: http://boards.fool.com/ot-cape-32388674.aspx?sort=whole#3238...

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 6:05 PM

Re: Valuations: a counterpoint

I know we have talked about Siegel's paper on this board before.
What's that website which allows you to search selected TMF boards, this one being one of them?
Google/TMF searches did not find the discussion. (Could be ID 10T [more]

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 3:50 PM

Re: Insufficient Fear

Best shorthand I've heard is the Dirt People vs. the Cloud People. The former are the average normal citizen, the latter is the Ivy COllege/Washington DC "elite".

Us vs them. Perfect. What could go wrong with this kind [more]

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knighttof3 replied to the Berkshire Hathaway board. 12:33 PM

Re: Insufficient Fear

I would add, relentless and persistent stock buybacks to reduce systematically the number of outstanding shares.

Buybacks cannot affect the earnings/sales ratio.

Yesterday

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 4:56 PM

Re: How to invest when you have enough in retire

a) So what?
b) Is there anything actionable there?


Approaching a human/messy/imprecise problem with an engineer's toolkit will probably lead you to ask the wrong questions.

As an engineer, I need to know [more]

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 11:32 AM

Re: How to invest when you have enough in retire

Here's one thing that raises my alarm level: Nebulous criteria and vague wording. Phrases like "range of valuation" and "enormous market crash" and "follows within a short period of time".


I [more]

Wed Nov 15

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Boards Post

knighttof3 replied to the Guns for Sport & Protection board. 10:10 AM

Re: 27%

And knife crimes went up by 26%.
ALL violent crimes rose. Banning guns had nothing to do with it.
Unless you are politically motivated to ignore math and confirm your own dearly-held belief in the face of reality.
[more]

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 9:56 AM

Re: How to invest when you have enough in retire

It's striking that stocks+bills actually beat stocks+bonds in all cases.
(Except if the market stayed undervalued for 30 years, if I understood the graphs.)

Tue Nov 14

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 5:41 PM

Re: How to invest when you have enough in retire

I think I am going to cancel my internet connection now and go live in a cave for a few years. DTB

That is a great way to reduce volatility in your portfolio. If you don't look at it, there are no gyrations.
I am not being [more]

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knighttof3 replied to the Deranged Monkey Criticism board. 12:54 PM

Re: Our Annual Investment Conference is on Nov.

especially with the chain letter style firms that are becoming more
prevalent.


Not to hijack the thread but Ears, can you elaborate? Maybe in a separate thread.

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 12:46 PM

Re: ot: favorite metrics

Why isn't it Big Uncle?

Sat Nov 11

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 2:50 PM

Re: OT: RSP got cheaper

And now, Goldman Sachs is trying their hand at ETFs.
GSEW, based on some German company's index (Solactive US large cap equal weighted.)
Claims to cover 80% of the market (by market cap, I assume) with 492 largest-cap [more]

Thu Nov 9

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 1:47 PM

Re: How to invest when you have enough in retire


BTW 50% BRK is way too much specific risk for a retired person.

I would argue the converse: a market index fund is too much specific risk. If you own "the market", you are guaranteed to have a large portion of
[more]

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knighttof3 replied to the Berkshire Hathaway board. 11:21 AM

Re: ot: favorite metrics

You covered my favorite ones (P/E, for financials, P/B and book growth rate.) Others I like -
- Earnings growth rate
- Financial leverage for non-financials - interest coverage, total-debt-to-net or operating-earnings.

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 7:28 AM

Re: How to invest when you have enough in retire

* I am *really* not fond of cap weight funds, anywhere. There are almost no other choices ex-US.
SPDW top 10 holdings have weights of 1.4% - 0.65%. There are so many international large caps with similar market caps that it avoids being [more]

Wed Nov 8

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 4:54 PM

Re: How to invest when you have enough in retire

1. International funds tend to be expensive.
2. It is not obvious that rule-of-law always applies. This is most obvious with Russia and China.

I just don't see the risk/reward being worth it unless you are able to do the heavy
[more]

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 12:11 PM

Re: OT: Google finance and onlnie portfolios

mdtls,
does your bank or brokerage offer one? Wells Fargo, B of A, Vanguard, Fidelity all do, though Vanguard is manual and clunky. I use Wells Fargo's "onestop" and it works reasonably well. You input credentials for all accounts, [more]

Mon Nov 6

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 11:21 PM

Re: Amapozoni

Sorry I don't have time to write a longer post but in short Amazon is an overall zero-profit business except with one profitable division-AWS. It is a terrible stock investment because it will take them forever if ever to make total earnings [more]

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 1:27 PM

Re: Amapozoni

file:///home/chronos/u-d4dd0eaadca5d7708d095d58c914d044d510046f/Downloads/LIC%20IRR%202017%20With%20S&P%20(1).pdf

Chompin,
that's your local copy. Is there one on the Internet?

Fri Nov 3

NL

Boards Post

knighttof3 replied to the Last RoundUp board. 4:23 PM

Re: Poll: JM Smucker SJM

None of the above.
I used to own it but got fed up with the mediocrity of it.
Poor RoE, moderate past growth, so-so future prospects, high P/E.
Just not interesting unless you want a fairly safe 3% dividend.

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