Palantir

As an investor, your goal is not necessarily to buy something that increases in intrinsic value, but something that gives you a high return. That can come from increasing in intrinsic value, or it can come from a dividend, so the fact that IV goes down is not a disadvantage of a dividend.

Why do you assume that dividends will be reinvested into something? Investor could be buying booze...

Any of these Fappening hackers into value investing? ;)

You don't trust your management's acquisition skills but you do trust their judgement on buybacks? :D

If you have a firm with a great business model being run by an actual ham sandwich. Why on earth would you want them to buy back with your capital? You'd want capital to be returned to shareholders ASAP before management went bonkers with it.

That is one of the risks of investing in a public company, and you are at the mercy of management's decisions to the extent you cannot influence their actions. Some firms have great capital allocators who are good at this, but I don't think it is a requirement.

I invest in them because they have a good business model, not because I believe that the CEO is a mythical "capital allocator", and as a result, I don't think their capital allocation skill matters in determining how great their phone is.

Why doesn't it make sense? BVPS is supposed to go down with a buyback when P/B > 1...you are buying $112 of book value for nearly $400 in cash, your BVPS will go down as a result.

Look for investor presentations on their website, has some good stuff.

I have started doing Stronglifts 5x5 - this is sort of meditative I think. http://stronglifts.com/

Soda industry looking like cigarettes: Top analyst http://finance.yahoo.com/blogs/talking-numbers/soda-industry-looking-like-cigarettes--top-analyst-135244610.html Perhaps this could be similar, KO's main business of selling liquid diabetes may be less and less viable in the US, but expects growth internationally, but at some point developing nations might also wake up to the joys of obesity and stop drinking this.

Congratulations.

DNOW

Any Scots on here? What is the sentiment on the ground? Of course: http://media1.giphy.com/media/m12GiqBQywgbS/giphy.gif

I think Berkshire after Buffett might look much more like Manchester United after Ferguson's hand-picked successor David Moyes.

Are you trying to give people short ideas? ;D :o

I think moat is a widely abused concept. WEB is looking for stable cash flows when he thinks about moats....I do not believe we should be wondering, "does this have a moat" for every single business.

Yes, are you hiring? :)

Yes, I guess that is what I am saying. I find it hard to believe that he would willingly go to prison instead of just taking the deal. It is possible he simply has no material info that implicates SC, which I think is likely, or perhaps he is being threatened.

to roll on Steve Cohen? I guess its plausible that he was never asked why all of a sudden he had gone from loving to hating a stock for a drug approval literally over night. But doesn't that seem unlikely to you? Or that at least someone asked him? Oh, I thought OP meant by "We was willing to take the fall for Steve Cohen" he was withholding information on Cohen during the trial. That I find unlikely.

How do you know he had a choice?

How big of an investor do you need to be? :)

George Risk Industries - RSKIA MCap = 40M Portfolio = 28.25 EV = 11.75 M FCF = 2.1 M EV/FCF = 5.6

Is it possible he is simply not knowledgeable about Alibaba hence his hesitation?