[One of the Greatest Investment Opportunities...]

I am throwing in my wild guess BAM (or one of it's subsidiaries like BPY).

 

..and in an era of overblown, overvalued assets out there

 

... I thought I should focus on "assets" here

 

North-American and listed.

.... He was careful not to say US, so i am guessing Canadian

 

.... someone earlier suggested it should start with a B (i don't know how they got to that, but it fits with my guess, so including it as a rationale  ;D )

 

.... He still didn't answer if it was written up on the board. I am assuming it was. BAM was also written up ( so are many others, but this also fits with my guess)

[DJIA Changes]

DJIA is no S&P 500 and besides the market is up overall. Not enough downward pressure.

 

But few mutual and exchange-traded funds actually follow the Dow industrials when compared to the S&P 500. Some $1.6 trillion in mutual and exchange-traded funds directly track the S&P 500, according to S&P Dow Jones Indices. That compares with just $30 billion that follows the Dow.

 

 

http://blogs.wsj.com/moneybeat/2013/09/10/dow-shakeup-wont-leave-big-trading-footprint/

 

How about pseudo indexers and index front runners? Wont they amount to something?

[DJIA Changes]

Huh, BAC is up! Was hoping the indexers would hand me their BAC >:(

[Micro caps]

I've recently started to get interested in these smaller companies.  A question for Nate, Tim Eriksen, DTEJD1997, and anyone else who invests in these companies... who do you figure is your competition, and why do you think they are selling to you?  This is something I am curious about with these stocks.  With larger companies you've got institutional money and a lot of other smaller players.  But the only people I know of that invest in micro-caps are smart guys like the ones listed above and idiots like me who buy companies after seeing them on the military channel (in my defense, that was years ago, before I'd ever heard of Warren Buffett or Ben Graham).

 

Very good question. I would like to know the answer to this too. I always naively assumed some sort of momentum/ spread Algo based trader was on the other side.

[Micro caps]

I have a portfolio full of these little gems, the better ones require more work to find.

 

A few random names that I like:

 

First Aviation (FAVS)

Goodheart-Willcox (GWOX)

Scheid Vineyards (SVIN)

PD-Rx (PDRX)

Kopp Glass (KOGL)

Hammond Manufacturing (HMM/A.Canada)

 

Nate,

Truly appreciate the great work you do on your blog. Are there any plans for keeping a running list of the stocks which you have analyzed and written about in a separate section on your website?

[Micro caps]

I recently got very interested in these too. Personally I find these companies easier to understand. The have unique risks/qualities associated with them, are under followed, less liquid, management/majority ownership is usually a bigger deal, but there are definitely some interesting companies in there.

 

Some good resources to find some quality names are

http://www.oddballstocks.com/

http://otcadventures.com/

http://www.whopperinvestments.com/

http://ragnarisapirate.blogspot.com/

 

Personally I own or I am waiting to own some of the names below

AMNF,TLF,ARTW, MPAD

 

 

 

[Where are people in this forum from?]

Hyderabad,India->  Chennai, India -> Durham, NC -> NY,NY

[FNMA and FMCC preferreds. In search of the elusive 10 bagger.]

I must admit, I never once thought about the employees and jobs angle here. That is a potential political counterweight to the political argument about the bail out.