Desert_Rat

DR There is no good info, there is only time. What you have to ask yourself is one question: "Do you have the patience?" Well, do you, punk?

Well fancy that, so is America! As far as what he thinks of our 30 year, I doubt his interest runs that deep. Disposing of war-mongering Hillary was enough.

Because the preferreds could have 5x upside to the commons no upside, but not the reverse. To reject the safety moat offered by the preferreds for an imaginary higher upside is foolish, imo. As far as Ackman, I'd bet he'd prefer the preferreds as well (probably owns a bunch now too), but the math in accumulating them at the time over just buying the heavier traded common shares didn't work for him. Most preferreds trade very sparsely.

I've had a king Casper for over a year and can attest to the quality and comfort of it. I've read that a Cocoon is similar so I'd strongly recommend either product. Best mattress I've ever owned.

"In its 2016 figures, the Center for Responsive Politics ranked the National Association of Realtors as the 2nd largest top spender in lobbying after the U.S. Chamber of Commerce. On the total spending, the largest share—46% -- has gone to Republicans." Maybe NAR can move the needle? That could be the most informative thing I've read on this thread for months (except my posts of course). Forget the courts, people, this is all about politics and the money that drives it. I happen to think we're ahead there.

Cut n paste protected.

Looks like they are precisely timing this one. I wish Mel Watt does a one 'on-your-face-senators' this time. Watt: Now there's a near-term catalyst for you. Presently has the power to do whatever he pleases.

Tell me you're glad you didn't dump your whole position on the Feb verdict now that it's been halved. One wrong statement from Mnuchin and this goes on sale again. Like I said, kept half of a large position. Either my downsides limited, I'm successful with half or I get an opportunity to buy at lower price if that seems intelligent at the time. Makes pretty good sense IMO. I've spent way to much of my life trying to time stocks, but I made most of my money sitting on a few. That's where I'm at. I'm good with the odds here.

Yeah, cause that always works ::)

The Sweeney case is most likely (very likely) doomed; resolution may take 5 or more years; Berkowitz has whined. Still at a loss as to why you're selling. Maybe it's because you have more confidence than I do about finding better opportunities, but riddle me this: Suppose 10 years. What is the most likely return and what return would that generate? I'm convinced that we get face value, which works out to about a 20% annual ROI.

Add the position of translator to the list: http://www.telegraph.co.uk/technology/2017/06/19/earpiece-can-translate-foreign-languages-speak/

Schatzker explains why this 5-bagger remains a 5-bagger.

Good stuff

who is rob schain? But are you Emily Schain? Seriously though, just ignore them. If you prefer the commons, that's your call. I may not agree with it, but with an outcome that's still up in the air, who knows.

So a Buffett protege sold 200 FMCCJ today at a 12.5% discount. Like, that $1700 just had to be immediately reallocated. dumbasses

I'm sure there could be dozens of plans showing a massive capital raise as doable, each as good as the other, but I'm even surer that none of them mean squat without determination by Congress to act. As the FnF market will attest, it's doubtful they are anywhere near ready to. That said, I still believe the prices these things are selling for lately is bizarre. I mean, I think it's obvious how this story ends, with Moelis plan being an example, but it's like the market is blowing it all off until it believes Congress is ready. How in its right mind could they blow it off though? Even at 10 years (possible) the annualized return is still in the 20% range, and I laugh at anyone who believes that type return is possible with market ETF's. The market's wrong, I'm holding tight.

I'll take that as a yep!

https://www.indiegogo.com/projects/no-safe-spaces-college-university#

Even Breitbart, hardly MSM, thinks the bill is unlikely to pass the Senate. (And yes, unfortunately, the byline on this one is John Carney, which I'm sure will spawn shouts of "fake news" here.) The reason every news outlet is basically unanimous that this version of the bill will not survive the House is that the GOP does not have the 60 votes needed to override a filibuster. That's also why the Senate is moving ahead with its own version of the bill that's different than the House version. It's a free country, though, so I suppose you can continue to believe what you want to believe. To be clear, I'd love the FHFA modification to remain in the Senate version. I have no idea if it will or not. That's why I stated earlier: It's not expected to pass the Senate in its current form -- though I'll be curious to see what parts of this bill are retained in the Senate version. You're implying that all these different sources send their own reporters to research when you know that's not true. This opinion is based on one thing: That house Dem's won't support it or anything else from the GOP. That's an assumption. It's a real good one but I'm willing to bet that near 100% GOP support, which is a nice change, plus 6 figure 'donations' from the banking sector to a half dozen Dem's will get it done. The financial services industry has been itching for this for a long time, and even many Dem's hate its over-regulation. Of course there will be minor changes because no bill has ever passed without pork being added or subtracted, but on the whole it should pass intact. BTW, I just made a statement about the bill passing, which I think it will. That doesn't mean that I care if it does or doesn't re: FnF. Pres should have ability to replace Watt, else Watt could do whatever he pleases, but I don't think he would anyway. Watt seems to be doing a fine job. As far as Choice act eliminating bailouts Trump has already stated no more. So the CA specifically doesn't mean much to us, IMO, although any bill being passed into law should mean a substantial uptick in FnF because it suggests other bills, like housing, may succeed too.

Literally every news outlet. Here's the Journal: https://www.wsj.com/articles/house-set-to-pass-bill-rolling-back-wall-street-rules-1496914205 But hey, I'm sure you know more about the chances of the bill passing through the Senate in its current form than the author and main proponent of the bill. You should send Hensarling a note. Let him know everything is fine. I don't know more, but when you compare my level of inside knowledge (zip) to MSM's deliberate attempts to undermine this administration, with apparently all information they have at their disposal reported opposite of truth, mine rules. They will always report failure. I, on the other hand, look at the GOP votes and see smooth sailing. Bet that's the case too.

Did you get that from WashPo or NYT? Bwahahahahaha!

It passed via an almost unanimous GOP vote - 233-186. If the GOP were as this together on every policy, Ocare would be dead, housing and tax reform would already be in effect, terrorists would be screwed, and this place on earth would be a much rosier place. It will fly through the senate, and Trump has already signed the bill as he suspects he'll be busy golfing that day.

Why is is cherzeca's "job"? Secondly I think we need to make sure shareholders rights are respected way before we worry about a div. That has been hard enough to assure let alone any sweeteners. No reason to get greedy IMO. Dividends. LOL. Not going to happen, ever. Not with today's equity anyway. Quality corporate preferreds are < 6% yet FNMAS' is going to remain, what, 10%? No.

Except this admin has specific priorities (build the freaking wall, for christ's sake; for one) that $100b would resolve. I've also read that Trump isn't much a balanced budget guy. Probably because he's aware today's ridiculously low interest on that debt makes it free money, but for whatever reason it doesn't appear as if he's all that concerned about it.

I'm in enough stock at the moment that most people don't give a rat's about, although their value is crystal clear, to realize that it actually doesn't matter what we think, or how awesome this latest and greatest idea is. It matters what they think. They're wrong but they also dictate the rules.