sailrmac

Darren McCammon

sailrmac’s Activity

Today

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 2 hours ago

Re: non-traded REITs, NASM and NRF

Calling a seller of non-traded REITs a financial advisor is kind of like calling a great white shark a fish. While technically true, it misses the larger point. Sellers of non-traded REITs are going to make you bleed. They are going to keep trying to [more]

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 2 hours ago

Re: Companies Slowly Going Private

When a company, Exxon, can borrow 10 year fixed at 3% to buyback stock with an earnings yield of 8.5%, they need to seriously consider it. If that company also has debt/equity of less than 15%, it's hard to argue they should do otherwise.

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 3 hours ago

Re: MILL Preferreds

You may get your $4.50 on MILL but the preferred MILL-pD is barely moving. Even if her article were 100% correct, instead of the baloney it is, preferred holders would still get all there money and there 10% interest while they wait. Heck, in a way I [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 3 hours ago

Re: PDLI auditor dumped them

Screens don't work when the value's being utilized are not ongoing.

PDLI, a component of Yield Earn Year is an example. It's earnings, cash flows, etc. are going to start dropping drastically in Q2 2015. The Queen et al patent, which is [more]

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Boards Post

sailrmac replied to the Mechanical Investing board. 3 hours ago

Re: SI Rankings 2014-09-20

Warning, GNI, HGT & BPT, numbers 2-4 in the Silver Parachute screen are all oil trusts. As such it should not be assumed they are ongoing enterprises.

Tue Sep 16

NL

Boards Post

sailrmac posted to the Mechanical Investing board. 4:47 PM

PDLI auditor dumped them

PDLI, a YieldEarnYear screen member, just had there auditor dump them. Could it be because they foresee potential disclosure issues and resulting lawsuits related to the soon to be expiring Queen et al patent? ...or maybe it's just Ernst and Young [more]

Wed Aug 27

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 4:49 PM

Re: < 0%

Well the good news is the Fed can stop buying bonds without derailing the economy. Any raise in treasury rates would be quickly quashed by money flows from Europe and Japan in to US treasuries.

If we really wanted to get the economy going [more]

NL

Boards Post

sailrmac replied to the Real Estate Investing board. 4:36 PM

Re: Considering buying a condo and renting it ou

"But not applicable for me - it's a sibling, so not a dependent.
Wouldn't even be a dependent of her dad."

And when you want to sell but your sister doesn't...
And when your sister is out of a job and can't pay [more]

Tue Aug 26

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 7:46 PM

Re: Greenblatt majic formula

Thank You!

Sat Aug 23

NL

Boards Post

sailrmac posted to the Mechanical Investing board. 3:26 PM

Greenblatt majic formula

Do any of our screens utilize Greenblatt's magic formula criteria? The criteria are:

Earnings yield - specifically EBIT/EV
ROIC - specifically EBIT / (Net Working Capital + PPE - Cash)

I would be interested in a long or short [more]

Fri Aug 22

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 5:41 PM

Re: Cost of living in paradise

California isn't really segregated by race, it is predominately segregated by income, wealth and education. Go to a party in Palo Alto and you will be hobnobbing with Blacks, Caucasian, Latino, Indian's, Chinese, etc.(all of which went to major [more]

NL

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sailrmac replied to the Macro Economic Trends and Risks board. 5:14 PM

Re: Nobody done nothin', mista

When Enron happened accounting changed from principles to rules. Similar to taxes it now has rules, grey area's and loopholes. We do not send Warren Buffet to jail because he pays a lower % in taxes than his secretary. It may be wrong, it may be [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 4:26 PM

Re: WSJ on Timing

The timing indicators I pay attention to are:

Shiller P/E
NH/NL
Monthly cycle (May - Oct bad, Nov - April good)

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 4:19 PM

Re: OT: Well, that's a relief!

"For a large, diverse set of firms whose economic activity is comparable
in scale to a large and diverse economy, the aggregate profits can't
rise over the long run faster than the economy upon which they depend."

Is this [more]

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 4:08 PM

Re: Diversification- too much??

Suggest you try S&P500 and cash rebalanced monthly. If you see anything interesting then you may want to adjust the cash holding until you get to the same CAGR (9.21%) as the 60/40 stock and bond mix and look at the Sortino ratio.

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 4:04 PM

Re: Diversification- too much??

Notice that cash (savings accounts, CD's, etc.) is not included as an asset category? Its because Wall Street generally doesn't get paid for managing cash. Yet there have been studies done which show stocks and cash outperforms stocks and bonds; they [more]

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 3:56 PM

Re: Annual Asset class return

"Assume we think interest rates will rise in the future. What asset class should we hold now to prepare for that event?"

Short term floating rate debt (ex. EFF), Insurance companies that have a lot of short term investments on the [more]

Fri Aug 8

NL

Boards Post

sailrmac replied to the Macro Economic Trends and Risks board. 10:02 PM

Re: FICO To Change Credit Score Computation

Makes sense to me. My family has been medically insured without interruption for more than 30 years. Unfortunately my family has had a fair number of medical bills lately. Not huge amounts, $60 - $600 each, but as many as 5-10 separate bills in a [more]

Thu Jul 31

NL

Boards Post

sailrmac replied to the Real Estate Inv. Trusts: REITs board. 2:14 PM

Re: CORR - Anybody?

Wow, you are right. Because CORR is a REIT I just assumed the dividends would be fully taxable at marginal rates. I had no idea the distribution retained a lot of tax advantages.

Thank You!

NL

Boards Post

sailrmac replied to the Mechanical Investing board. 2:00 PM

Re: A study on the Bear-Catchers v2

Some observations:

1.) This was an important piece of work. Thank You!
2.) Measures purely focused on risk, for example GSD or DD, will tend to be maximized by Any1. There is little risk of loss to being out of the market, therefore any [more]

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 4487
Recs Received 6525
People who have rec'd these posts 1535
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Threads Started 424
Threads Started Percentage 9.45 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: Alternate Standard of Risk (8/28/1999)
Percentage of Posts Rec'd 49.10 %
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