ValueMaven

This might be worth taking a long shot in ... could still be a $0 however

n00b GSE investor question here -- but how much of FCF is actually CASH earnings vs. financial adjustments. One would think with the heavy utility-like function, the quality of earnings has improved...i'm just wondering if this topic has been addressed in the past. ie: what % of servicing and structuring fees make up the GSE's EPS...Thx!

old news ... pointless to post this no update to NWS which is extremely disappointing

Low Vol has been getting KILLED recently ...

Where can I find all of Buffett's letters? Someone once posted over 4,000 pages (partnership, berkshire, Forturne etc) -- I just cant seem to find them!! Thank you

Rare interview just surfaced! Enjoy!

I hope this POS riots in hell. Scum couldnt even face a trial ... like a coward he took the easy way out. 100% fraud. Sell off all of his assets and give it to his victims

Agreed -- but in some of their funds they hold 40% in TPL ?? In a single stock -- thats unheard of

Interesting - I guess the spreads between MMMF's and 3M T-Bills are not as wide depending on platforms. Even still its basically free money for these b/d's

Assume you are sitting in 20% - 30% in cash due to valuations etc -- you are most likely getting a broker rate of literally 3bps to 5bps ... while the 3M bill is yielding over 2.2% !! Unless you are rolling over T-bills actively, most brokers are making risk-free money hand over fist right now. I dont want credit or duration risk (hence no closed end funds which were CRUSHED in 4Q) ... I've been looking at different ways to enhance my cash. It looks like I am going to move 75% of my cash into the SHV ETF - which is under 1yr duration, and only invests in UST. There is a FLOT etf - which moves with LIBOR, and is rated single-A in terms of credit with like a 0.40 duration -- but even still -- to much risk. I'd be open to see what others thing of this .. you always want some dry powered in case of a flash crash etc -- however I am tired of letting brokers make free money off my money!! -VM

With at least 10 different stocks and tracking stocks in the whole Liberty Family, which one is your favorite and why? Qurate Retail (QRTEA), Liberty Broadband (LBRDK), GCI Libery (GLIBA), Liberty TripAdvisors (LTRPA), Liberty Expedia Holdings (LEXEA), Liberty Global (LBTYK), Liberty Latin America (LILAK) Liberty SiriusXM (LSXMK), Liberty Formula 1 (FWONK), Liberty Braves (BATRK),

Stock is interesting below $20 in a market pull-back

What happened to Ottings 'Within Weeks' comment back in Jan??

Anyone have thoughts on the common at these levels?? Up BIGLY ytd ... but who knows.

Thursday cant come soon enough!!

Agreed ... however, at this point, loading up on a risk-adjusted basis as many pref's as possible makes the most sense.. esp if you are banking on Par + common conversion one could argue this is the clearest time to be a pref or common holder in the life of this trade - regardless of the move higher... sure the prefs at one point were trading below $1, but that was basically 8yrs ago, and when factored in with the political and time value of money aspsect - I am not sure they are any different on a vol adjusted basis. Given recent news - do you think pref's are cheaper TODAY then say in Nov of 2012 (at $1)

It is in the Govt's best interets to maximum value here for tax payers - ie: highest common share price possible; assuming a normal recap Everyone is forgetting that the Gov't also 'owns' a part of FnF 's net income through taxes ... something which they have a right to in perpetuity ...

Moelis is the answer to the test ... they gave the Administration the answers... what we will see is some minor modifications to the blueprint. The next 6-18 months will be very interesting...

how 2 listen to en banc hearing tmrw?

Nice to see the FT pick this up!! https://www.ft.com/content/59a96fc0-1b5d-11e9-9e64-d150b3105d21?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev&yptr=yahoo

To many things are lining up here IMHO ... Otto's 'Within weeks' comment is H-U-G-E ... and still makes this situation super-valued, and misunderstood by the market ... We will likely see Moelis 2.0 plan, with some minor modifications to adjust for recent developments in the market etc - but nothing dramatic... I have to give it to Trump right now...China, NK, Taxes, withdrawal from Syria etc - Economy and markets are booming... fixing Fannie and Freddie - with pro-govt policies ...tough to see how he doesnt get re-elected

Still very interesting that the main-stream media has not really picked this up ... Sure, one half-page bloomberg article, and a marketwatch piece yesterday afternoon ... wait till this hits WSJ and other major sources. The Moelis plan will be playing out in front of us ...

u can read previous board posts on this matter - there is everything from $25 par to $100,000 par securities should do well. You can also play the common too which have now blown out wider to the prefs (ie: cheaper) right now...

how so Luke?

This is a very interesting point FairFacts. I need to think about this more...