Search found 150 matches

by partisan
Fri May 11, 2012 2:59 pm
Forum: Investing - Theory, News & General
Topic: Investing 10k for a 1% stake in a company
Replies: 25
Views: 2677

Re: Investing 10k for a 1% stake in a company

It looks like "high growth" in this case means "employee growth" and not revenue or profit growth. Not particularly relevant to this situation, since revenue and/or profit growth is what's going to drive higher valuations. Also, the 10-employees-to-start thing excludes the types of companies most l...
by partisan
Fri May 11, 2012 11:45 am
Forum: Investing - Theory, News & General
Topic: Investing 10k for a 1% stake in a company
Replies: 25
Views: 2677

Re: Investing 10k for a 1% stake in a company

Out of curiosity, why couldn't the value of the company have increased 40 times in a couple of years? That isn't all that unusual. LOL, why are you investing in the stock market? Just invest in the usual run of the mill 40x in a few years investment. BTW, I wouldn't mind two or three of those. :D I...
by partisan
Fri May 11, 2012 11:34 am
Forum: Investing - Theory, News & General
Topic: France
Replies: 37
Views: 2888

Re: France

One more thing, after my last post someone's probably wondering "If France is a good deal why aren't managers buying there?" That's a great question, I've been talking to a few hedge fund managers recently who in the past were very active in the French market, and European markets in general. The an...
by partisan
Fri May 11, 2012 11:26 am
Forum: Investing - Theory, News & General
Topic: France
Replies: 37
Views: 2888

Re: France

There's the other side of this bet as well, which is that people believe the headline risks and have unfairly punished French equities. I have mentioned in other threads that I do my own small cap investing, and I've been finding a LOT of value in French small caps recently. Why? Well everyone think...
by partisan
Thu Apr 26, 2012 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can't obtain original investment amount
Replies: 16
Views: 1642

Re: Can't obtain original investment amount

My trusty financial calculator spits out $9196.20 as the initial investment based on the criteria you gave. Of course this could be off depending on when they invested, if they added or took money out etc.
by partisan
Thu Apr 26, 2012 7:00 am
Forum: Personal Consumer Issues
Topic: Contracting for window purchases with Lowes
Replies: 14
Views: 7458

Re: Contracting for window purchases with Lowes

We had some doors installed by HD, had a sour experience as mentioned above. We had two doors, each was a different size. When the contractors showed up one of the doors was misordered, they just got in the truck and left without saying anything to me. I kept calling HD and finally after a few hours...
by partisan
Mon Mar 19, 2012 7:04 am
Forum: Investing - Theory, News & General
Topic: 401(k) - Article on plan costs in Smartmoney Magazine
Replies: 14
Views: 1544

Re: 401(k) - Article on plan costs in Smartmoney Magazine

We have Fidelity and from what I know they already have the fee disclosure books prepared and they're going to send them out regardless of the deadline. I've seen ours already, and there aren't any surprises (for us at least). I think the fee disclosures will be good for people in crappy plans, but ...
by partisan
Fri Mar 16, 2012 6:22 am
Forum: Investing - Theory, News & General
Topic: Want recommendations for "Options 101"
Replies: 13
Views: 1089

Re: Want recommendations for "Options 101"

If you're serious about learning options I'd recommend the book "Options as a Strategic Investment" by Lawrence McMillan. Be forewarned, the book is long and dense, but he details most option strategies available and the math behind them. What's really cool is learning the structure of certain trade...
by partisan
Wed Mar 14, 2012 7:01 am
Forum: Investing - Theory, News & General
Topic: Now in Wiki: Extended Market Index Fund
Replies: 42
Views: 7191

Re: Now in Wiki: Extended Market Index Fund

I use the extended market in my 401k to gain exposure to midcaps. I compared the extended market against every midcap fund offered and in each case the extended market did better. This could be due to having a bit of small caps as well, but the style boxes were the same, and some of the midcap funds...
by partisan
Fri Feb 10, 2012 11:42 am
Forum: Investing - Help with Personal Investments
Topic: how do employers pick funds for 401k
Replies: 23
Views: 4268

Re: how do employers pick funds for 401k

Hate to reply twice but wanted to answer some other questions. 1) I'd been bugging the HR director for about two years to change some fund options (add more index funds). 2) Eventually I setup a meeting with the CEO and laid out a case for low cost investing for employees, it was well received and f...
by partisan
Fri Feb 10, 2012 11:35 am
Forum: Investing - Help with Personal Investments
Topic: how do employers pick funds for 401k
Replies: 23
Views: 4268

Re: how do employers pick funds for 401k

I have helped my employer pick funds for our 401k. The company loves having active managed funds because it provides more options for employees, but we also have an index fund for each category (large,medium, small, international) so someone could have an all index portfolio if they want. If investo...
by partisan
Tue Jan 17, 2012 9:32 am
Forum: Personal Consumer Issues
Topic: Good walking hiking shoes?
Replies: 27
Views: 3680

Re: Good walking hiking shoes?

I also recommend REI, I have a pair of ASOLO boots from there that I love. I've backpacked a few hundred miles in them without any noticeable wear issues. Most of my hiking is in PA/WV on rocky terrain so the boots get a workout. My wife has Merrill hiking boots which she loves, she doesn't hike as ...
by partisan
Fri Dec 16, 2011 1:08 pm
Forum: Personal Consumer Issues
Topic: 112 hours in a week to live life
Replies: 52
Views: 5328

Re: 112 hours in a week to live life

168 total hours 49 hours for sleep (7 a night) 40 for work 2 hours commuting (only go into the office once a week, work from home the other days) 2 hours exercise (run for 30m four times a week) 75 hours to spend with my wife and son, do projects around the house, etc Commuting is a killer, I used t...
by partisan
Mon Dec 12, 2011 1:12 pm
Forum: Investing - Theory, News & General
Topic: Weimar Inflation Causes.
Replies: 34
Views: 2917

Re: Weimar Inflation Causes.

I HIGHLY second Raybo's suggestion on the book "Lords of Finance". The book isn't a technical finance book at all, it's very readable, and a quite gripping story. I really enjoyed it, there is a lot of history from a period of time that we often think of as too far in the past, yet there were so man...
by partisan
Fri Dec 09, 2011 7:53 am
Forum: Personal Finance (Not Investing)
Topic: blue cross suddenly interested in my well-being ...
Replies: 4
Views: 1094

Re: blue cross suddenly interested in my well-being ...

Under the new healthcare law "Wellness" visits are all free, which would be something like a physical. I'm guessing they're calling to remind you of this, it seems most people aren't aware of the changes. As for fear of getting a physical and your costs going up, if you're on an individual plan it's...
by partisan
Sat Dec 03, 2011 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: How much do you contribute for 529
Replies: 73
Views: 5216

Re: How much do you contribute for 529

We save between $75 and $150 for our son depending on the month. Some of the discussion in this thread is fascinating, I've seen the numbers and calculators that say for my kid to go to a state school in 16 years will be a quarter of a million and my eyes glaze over. This just seems crazy, for a fam...
by partisan
Tue Nov 22, 2011 7:53 am
Forum: Investing - Theory, News & General
Topic: MF global customer compared to Etrade customer???
Replies: 22
Views: 1842

Re: MF global customer compared to Etrade customer???

I don't think MF Global customers were prop trading firms, from what I've seen a lot of clients are mom and pop farmers trying to hedge their exposure to commodities. The article I included discusses that, it also talks about how small time farmers are considering exiting the market. I know futures ...
by partisan
Fri Nov 11, 2011 9:57 am
Forum: Personal Consumer Issues
Topic: Dan Neil in WSJ: Chevy Volt a success
Replies: 334
Views: 34586

Re: Dan Neil in WSJ: Chevy Volt a success

I'd be interested in an electric car for local commuting if the economics made sense. To me it's a no-brainer if I was offered a hybrid or electric for the same price as the gas car I'd go with the electric/hybrid easily. The problem for me is we tend to take longer trips such as 300 miles to visit ...
by partisan
Fri Nov 04, 2011 9:38 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Value Investing
Replies: 27
Views: 2186

Re: Thoughts on Value Investing

With regards to the Buffett BAC investment any investor can replicate it if they want. Buy the long dated warrants and buy the preferreds, I believe both are actually below the price he paid. Yes they're not the exact same securities, he has a different coupons, and the maturity date on the preferre...
by partisan
Wed Nov 02, 2011 3:15 pm
Forum: Investing - Theory, News & General
Topic: MF global: tell me again how Vanguard is safe from fraud?
Replies: 43
Views: 4919

Re: MF global: tell me again how Vanguard is safe from fraud

nisiprius, You're correct, the issue is that MF Global was supposed to be doing the same thing and they weren't. The client money was supposed to be walled off except it wasn't, somehow it became co-mingled with the corporate accounts. I think the bottom line with all of this is you're never 100% sa...
by partisan
Mon Oct 24, 2011 9:49 am
Forum: Investing - Theory, News & General
Topic: How Does An Indexer Deal Overvalued/Undervalued Markets?
Replies: 81
Views: 5867

Re: How Does An Indexer Deal Overvalued/Undervalued Markets?

if an "indexor" knew what markets where overvalued/undervalued, then he should become a timer, and make a friggin killing. I had an argument with Yobria about this just a few posts ago, and the conclusion (I think) is that we are actually in agreement: it is not possible to make a killing simply by...
by partisan
Mon Oct 10, 2011 1:57 pm
Forum: Investing - Theory, News & General
Topic: How long does it take for the market to adjust to news
Replies: 8
Views: 1164

How long does it take for the market to adjust to news

I found this to be a fascinating article out of the NY Fed examining how long it takes for the market to absorb information. The article discusses a piece of verified bad information that made United Airlines drop 76% in a day, it took about a week before it traded back to the level before the mis-i...
by partisan
Fri Sep 02, 2011 10:11 am
Forum: Personal Consumer Issues
Topic: College grads waiting out the job market
Replies: 69
Views: 10281

The recency bias in threads like this amuses me... if only people made good choices and picked IT or engineering they'd be doing well.. What about all those people back in 2001 that picked IT or engineering right after the dot-com bust? Those "good" degrees were worthless, I knew a ton of people in ...
by partisan
Wed Aug 24, 2011 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: What should I look for in a stock?
Replies: 49
Views: 4497

Just took a quick look at your AGNC Does it concern you that they had 300k CFO had (24m) CFI and had to issue equity to make up the difference? Looks like they invest in levered CMO's, what's the sensitivity to a fall in home prices, or a slight uptick in borrowing costs? Have you done a deep dive i...
by partisan
Wed Aug 24, 2011 9:35 am
Forum: Investing - Help with Personal Investments
Topic: What should I look for in a stock?
Replies: 49
Views: 4497

Re: Moo

Okay, I've a lot to answer for. Yes, I'm a bit immature when it comes to investing. I still don't see how any investment that doesn't pay cash (ie dividends, rents, interest, residuals) can ever be worth anything. I don't want to have to sell something to make money. That's my job, not my investing...
by partisan
Tue Aug 23, 2011 8:38 am
Forum: Personal Consumer Issues
Topic: Ideas for vacation [with 1-year old]
Replies: 67
Views: 8266

Haven't read all the posts but not sure why a 1yr old is such a limiting factor. Our son is 17months, in the past 17 months we've taken him: 1) To Florida twice (on a plane both times) 2) To Spain for a week 3) Camping multiple times We haven't felt limited in any way, and we're a very active family...
by partisan
Mon Aug 22, 2011 7:57 am
Forum: Investing - Theory, News & General
Topic: closed-end funds trading at a discount to net asset value
Replies: 3
Views: 629

This is actually a popular approach, buy funds at a significant discount and wait for the discount to close. If you look at most long term charts of the discount/premium it almost always reverses. So why don't more people do this? Two risks: 1) There might be an actual impairment in the fund assets,...
by partisan
Sun Aug 21, 2011 9:27 pm
Forum: Investing - Theory, News & General
Topic: Value this stock
Replies: 14
Views: 1844

Ok, I'll bite, here's my 10m valuation: In general it seems like the company has a bit of a sweet spot in the market, they have 85% market share and a patent portfolio that locks the market up for about 20 years. It seems to me the driver for them is auto sales, most of their sales come from new aut...
by partisan
Fri Aug 19, 2011 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Job Hunting Ideas (beyond the obvious)?
Replies: 26
Views: 4376

This is the best way I've found to get a job, but most people will completely ignore this advice because it's too hard and uncomfortable. Call up or email people in the industry and at places you want to work and set up informational interviews. Sit down with them for 30m and ask their advice on how...
by partisan
Wed Aug 17, 2011 6:24 am
Forum: Investing - Theory, News & General
Topic: 60 Minutes: Sports betting is better than buying stocks
Replies: 55
Views: 8417

nisi, You raise an interesting point, and one that was mentioned in an article posted a while ago about predicting lottery tickets. If I remember correctly they said that lotteries and gambling are the favorite enterprises of organized crime and are used to "clean" dirty money. The same article ment...
by partisan
Fri Aug 12, 2011 12:20 pm
Forum: Investing - Theory, News & General
Topic: Stopping at Just One Share?
Replies: 9
Views: 1203

Another thing is you can email IR and ask for an investor kit, they'll send you the annual report along with some other nice papers to sell you on the company. The cost is free, and I know some companies will sign you up to a mailing list sort of thing so you don't need to request the information ye...
by partisan
Fri Aug 12, 2011 9:45 am
Forum: Personal Consumer Issues
Topic: Learning Spanish?
Replies: 58
Views: 7612

Along similar lines how hard is it to just pick up reading in a language? I took French in HS, and I'd like to get to a level where I can read French literature but speaking isn't as important to me. Is it just a matter of practice, struggling through sentences until I get a grasp of the vocabulary?...
by partisan
Wed Aug 10, 2011 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Workplace problem, help needed!
Replies: 45
Views: 4345

Talking about non-competes, I worked at a company that had a non-compete which stated no one could work at a competitor for 5 years after leaving and if they decided to work at one anyways the employee would need to pay the company 50% of their salary at the new company for the first year. Of course...
by partisan
Tue Aug 09, 2011 1:00 pm
Forum: Investing - Theory, News & General
Topic: Permanent Portfolio revisited
Replies: 193
Views: 21074

I dont know that gold is a bubble. Its just its the popular thing to do, and its apparently feeding off of fear. Once the world is more stable, why would someone pay 1700+ for an ounce of gold?? Its backed by nothing except supply/demand. This is reason for concern to me. What isn't backed by suppl...
by partisan
Wed Aug 03, 2011 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Parents
Replies: 71
Views: 6129

My parents always would share details of financial matters growing up with increasing detail as I got older, so talking to them about their financial situation wasn't a very big deal. With that said I think the best way is to talk about yourself. My wife and I started paying off debt and making a bu...
by partisan
Wed Aug 03, 2011 7:48 am
Forum: Investing - Theory, News & General
Topic: Changes to Student Loans from the new Budget bill.
Replies: 14
Views: 2528

The student loan industry is the next bubble to burst...although a lot of loans got sold to the Dept of Ed a few years ago so maybe not? Any ideas on how to profit for if/when a bubble bursts? :P Can it burst? I thought student loans were non defaultable, meaning if you declared bankruptcy they cou...
by partisan
Thu Jul 28, 2011 7:52 pm
Forum: Investing - Theory, News & General
Topic: A Beautiful Asset Class Few Can Own
Replies: 19
Views: 4228

In a couple of Dick Francis' horseracing-themed mystery novels, someone pontificates on what a terrific investment a good racehorse is (owning them, not betting on them). I am, to say the least , skeptical about this, but it does make me wonder if there's a racehorse index. I take it you've never b...
by partisan
Mon Jul 25, 2011 1:19 pm
Forum: Personal Consumer Issues
Topic: Economics of an RV
Replies: 60
Views: 11087

camping in a mid-sized car is an alternative too, you can fit a nice tent and some supplies, air mattresses, sun shower, etc etc in a car call me crazy, an RV is a giant hassle, road hazard, environmental nightmare and is basically the opposite of camping :) car-camping is already a compromise as r...
by partisan
Mon Jul 25, 2011 12:17 pm
Forum: Personal Consumer Issues
Topic: Economics of an RV
Replies: 60
Views: 11087

We have an RV a small Coleman popup camper. I'm not sure of the economics of it, we paid $3500 used, and camping usually costs $20 a night or so. Most of the areas we go there aren't any hotels or places to stay around so a cost per night comparison is difficult. With that said we absolutely love it...
by partisan
Wed Jul 13, 2011 1:40 pm
Forum: Investing - Theory, News & General
Topic: If you were to roll your own SCV mini-fund...
Replies: 15
Views: 1294

I do this, and have posted about it on here before.

My methods are found in this thread: http://www.bogleheads.org/forum/viewtop ... highlight=

If you're really interested PM me and I'll send you a link to my blog where I analyze companies that fit in this portion of my portfolio.
by partisan
Wed Jul 13, 2011 12:09 pm
Forum: Personal Consumer Issues
Topic: Hobbies of Bogleheads
Replies: 159
Views: 23584

Skiing, Camping, Backpacking, Hiking, Biking, Reading

I also pay guitar and bass from time to time, but I have progressively played less as I got married and had a son. The above hobbies outside of reading and backpacking can be done as a family.
by partisan
Thu Jul 07, 2011 7:37 am
Forum: Investing - Theory, News & General
Topic: DID Graham say "weighing machine in the long run?"
Replies: 65
Views: 13651

CassiusKing wrote:On this topic, sorry for the threadjack, are there any other Boglehead members who are members of "The Corner of Berkshire and Fairfax" board? The former Berk MSN Shareholders board?
Yes, I'm a member over there with the username "oddballstocks".
by partisan
Sun Jul 03, 2011 11:29 am
Forum: Investing - Help with Personal Investments
Topic: US Brokerage that allows trading on Hong Kong Exchange
Replies: 11
Views: 1414

Fidelity allows it. I don't think it's 10 a trade more like 20.
by partisan
Fri Jul 01, 2011 10:03 am
Forum: Investing - Theory, News & General
Topic: Fashion investing?
Replies: 18
Views: 1625

Valuethinker, fascinating stuff regarding the Alcoa building. An excellent book on the steel industry is "And The Wold Finally Came" by Hoerr. The book describes the battle between management and labor as the steel industry grew and how both were blind to competitive threats from overseas. An incred...
by partisan
Fri Jul 01, 2011 8:53 am
Forum: Personal Consumer Issues
Topic: Anyone with experience/knowledge re: cross country biking?
Replies: 11
Views: 1009

It sounds great, a dream of mine as well. The one thing I would question is the starting time, leaving in September will have him going across the mountains in the winter unless he takes a very southern (and longer) route. I would think leaving in late spring would be better for going across the mou...
by partisan
Fri Jul 01, 2011 8:21 am
Forum: Investing - Theory, News & General
Topic: The power of compounding
Replies: 14
Views: 2562

Beantown85 wrote:A little confusing when I read it, but I am assuming he means 20-40% more than the market to come to those numbers. If anyone believes claims that someone is going outperform by those types of numbers, they are some type of sucker.
I think it's actual raw performance not outperformance.
by partisan
Fri Jul 01, 2011 8:18 am
Forum: Investing - Theory, News & General
Topic: Fashion investing?
Replies: 18
Views: 1625

Re: Fashion investing?

I doubt the share price of International Paper now is much higher than it was in 1990? Ditto Alcoa? US Steel is of course gone I was surprised to learn that USX is gone considering I work down the street from them.. They changed their name in the 80s and sold their headquarters but are very much in...
by partisan
Fri Jul 01, 2011 8:04 am
Forum: Investing - Theory, News & General
Topic: The power of compounding
Replies: 14
Views: 2562

The power of compounding

I'm not sure if anyone here follows the Empirical Finance blog but they have a great post up about the power of compounding and outsized gains. The author makes the point that if someone was able to compound at 20% or higher eventually they would own the entire market. -Earning 20%+ returns over ver...
by partisan
Sun Jun 26, 2011 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Why I would like to own a foreign bond fund
Replies: 43
Views: 4083

As per the currency risk I read a great post [link below] discussing that over long holding periods currencies eventually zero out. The example given was the US/CAD, in 1948 1 USD bought 1.003 CAD, in 2011 1 USD buys .99 CAD, a difference of 1% over 50 years. The author points out the fluctuations c...
by partisan
Wed Jun 22, 2011 1:39 pm
Forum: Investing - Theory, News & General
Topic: Performance of Spinoff Stocks
Replies: 72
Views: 3616

These are the type of people you're competing with, do you think you're going to randomly stumble on those 30 stocks? As Greenblatt stated in the book, the most important thing is to look in the right places before picking stocks. Pink sheets are not the right pace to be looking for stocks that wil...