CorpRaider

Yeah, seems like its a shitty business unless there is some future scenario where the home healthcare providers are advantaged in reimbursements over full-time "in-patient" nursing care.

GTIV keeps popping up on my magic formula type screens, but I haven't been able to get comfortable with it. I offer the following analysis regarding GTIV: There are a crapload of old people in America. Nursing homes are like the fifth ring of hell. Disclaimer when it comes to leveraged interprises: I went down with the ship on CHTR some years back.

COH

Yeah, you guys are right, children are horrible people and they don't get better with age. hah!

If abercrombie maintains its allure (which I kind of expected, probably largely due to price signaling) it might be time to really kick the tires and think about opening up a position. I have an affinity for it because I caught almost a triple in it back when it blew up last time (when hollister was still in its infancy). Now they're rolling out that gilly hicks brand apparently going after VS' pink and the juicy lines.

This might get interesting here with sort of a confluence of factors, the psychological impact of the spike in mortgage rates, yet the actual yield curve flattening out again because of no taper and throw in maybe a scare around the debt ceiling...Sort of a period of potential nasty transitory influences on the financials, if you will. Earnings could look pretty nasty for the banks with no mortgage refi's, no real steep yield curve, vastly diminished bond trading volumes, maybe a mark to market on some their fixed income portfolios. Guess we should start getting negative preannouncements in the next few weeks?

I've had occasion to speak to one of the guys working on this bankruptcy in the last few weeks and even they are sick of these proceedings! There was alot of value in the IP portfolio though, if Nortel could have somehow sold the assets prior to filing...I'd rather buy stock in the big 4, those guys do most of the particing of law anyways. heh. I've heard some Big 4 firms double their rates for bankruptcy work.

Yeah, stock fund flows are matching levels in 2007 as well, aren't they?

Wish he had reopened FAAFX and FOCIX. Maybe if the house panics financial markets again and his financials get hammered like in 2011... I wish Berkowitz he had a book or biography. The healthcare move he made back around the time the ACA was working through would have been a home run looking back on it now, but I suppose he saw the extraordinary opportunity in financials before it was allowed to play out. Is he prominently featured in any of the value investor compendiums like money masters or tilson's book? Thanks for the head's up on FOCIX as well ValueCFA, that one would be harder/impossible to replicate without the scale or paying someone 2 and 20.

I tried the mini recently, as well as the nexus 7 and the nook and kindle 7" HD offerings. I liked the mini the best, especially for reading books and pdfs like value line reports (the screen is .8 bigger and is just about perfect), but the nook was great for the price (~$150). I would probably rank the nexus next. The kindle is kind of clunky, but its convenient if you're dialed into the amazon media ecosystem.

You called the top with this thread. Kudos! Just kidding.

LOL. Its a BAC tradition, Ken Lewis was always barely intelligible. His speaking style reminded me of porky the pig with a hairlip.

I might have to get some exposure to this through Fairholme. This seems like the kind of thing where I want someone in the room for me. Cooper and Kirk? I'm not familiar with them, but I suppose Perry has Ted Olson.

If you're talking about an investment in yourself via self help courses at the local community center... >:(

Smaller/zero premium when I bought it (probably because it "blew up" a few years ago. heh) and lower duration in the portfolio at the time; they jacked the duration up a lot since I bought it, but that was after the blood bath, so maybe it will pay off. Yeah, even in a 25% bracket it was yielding about 9% tax equivalent. Just took a little schnitzel. I figure I might put whatever pittance I'm going to allocate to fixed income in this environment into some of these muni funds. Maybe I will scale in each time I read an article in the financial press about record outflows.

I caught a teaser for a joint appearance with becky quick as well. didn't catch the airtime. Maybe Moynihan is going to be his successor ar BRK. hah.

Did you guys pull the trigger on these? I nibbled a little PML and MQT before the fed gave us a little gift. Nice to get a little lucky sometimes.

Nicely done, sir. I picked up a little DSL myself a few days ago in a tax advantaged account.

Tesla? hah. PGH? Wait, it starts with a B? BP.

Twitter files; Hilton files; PE firms are "monetizing" investments....feels like a top to me.

yeah there is usually a redemption period.

PMF didn't have to liquidate positions, PML and PMX did, but all the leveraged munibond funds tanked during that period (remember meredith's great call?). A normal open-ended fund won't employ leverage, which will obviously result in lower volatility. In fairness, check out their 2009 returns, which is sort of what packer was saying.

I've been nibbling the pimco funds as well. I scaled into a little PML with my "granny money" several weeks back because at that time PML had the smallest premium and lowest duration of the pimco's. They have really jacked up the duration over the past month or so though. I also bought a little of one of the black rock one that has some higher rated bonds and a big discount to NAV; MQT is the one I went with there.

Surrender?

I searched for some other threads on this and it seemed like lots of people like fido. I don't really love them, it seems like they want me to call them all the time. I've had an account with scottrade before and liked them. I like TD Ameritrade and etrade a lot.