Posts Tagged ‘investments’
What do you think about Warren Buffet endorsing Obama?
The world's richest man, Warren Buffet and best investor has endorsed Barack Obama.
Republicans who value of free market economics should have a great deal of respect for Warren Buffet's opinion. he has made his wealth making predictions about good investments. I guess he thinks Barack Obama would be a good investment for our county.
Thanks to iowagner
No he doesn't think Obama would be a good investment, he never said or implied that
Many of us that value a free market and making a living in the free market and even those of us in the securities market do not necessarily have "a great deal of respect for Buffetts opinion".
He shunned the street, and many of those that worked on it, there is not as much respect as you think
Obama is also endorsed by many of the leaders of some terrorist nations, what does this mean.
He's endorsed by many that hate America and Americans, what does this mean
Who knows what lurks in the hearts of evil men. only the shadow knows. he has a plan.
Warren Buffet is no fun but Jimmy Buffet sang "Margaritaville" and he always tickles Elmo. Warren just keeps stacking up his money and sits behind his big desk. Elmo is a Parrothead! Hey, lets go to Key West this summer?
Warren Buffet has been successful in business, but he has always had socialist views. I resepect his good decisions, but I disagree with him politically in every way, and always have. Wealthy does not always mean republican idol any more than ignorant always means democrat.
Didn't he found Family Home Town Buffet?
All you can eat for $9.95, I love that place.
I'll bet he's a great cook.
Does Warren Buffet know which army liberated Auschwitz concentration camp?
As blue blood as any Republican. good to see Dems realizing that being successful without government assistance is an admirable thing.
Yes. we have come a LONG way since the early days of Ronald Reagan.
Even Dems sound Republican!
I feel the same way as when Obama receives any endorsement; I'm elated and he continues to win.
Thanks for the great post.
Obama 2008!
I think it means that he believes that Obama will be very good for not levying taxes on the wealthy- just like an olde skool republican
OR he thinks Obama would be easy to manipulate and control. ALOT of powerful ppl will support the man who can be their puppet you know.
The world's richest man gave away his fortune to those in need so I'd say he's a great judge of character.
Obama/Clinton '08
Again some famous dude trying to influence the elections! I really wish celebs would keep who they support private. Too many make up there minds on who supports who and not the issues!
Well since Warren Buffett has no political credibility then it means nothing. Sure he's famous but so is Paris Hilton and I wounldn't take her advice.
Just goes to show ya! Oh the company he keeps. who cares what Warren Buffet thinks. I just mean I will still vote for Hillary, regardless of who the nominee is.
You can pick your nose, but you cant pick your endorsers. He's got so much money, maybe he feels bad about the rest of the republicans shafting us for the last 8 years
Buffett's just jealous that Betsy Ross dumped him for John McCain.
I wish Mr.buffet could endorse me.
Midin stole the words right out of my mouth…er, fingers.
How does the housing market affect the stock market so much?
I heard that the housing market being low in sales and with the forclousure market crashing, it is affecting investors so much that they are moving money out of equities (stocks) and investing more in safer investments. Thats why the stock market has been down so much in the past week.
How does this happen? I was reading about it, but I didn’t really understand. Are investors pulling out their stocks from big lenders? how exactly does it affect the stock market? I need help understanding it in normal terms that make sense.
Please advise, thank you!!
How does the housing market affect the stock market so much?
Book Review: One Up On Wall Street by Peter Lynch
If Peter Lynch’s One up on Wall Street : How to use What you already Know to Make Money in the Market doesn’t get you excited about stock picking, nothing will. Lynch has a penchant for making the mundane task of researching companies glamorous and exciting, which is ironic because his investment thesis comes through loud and clear: boring, easy-to-understand companies generally make the best investments. Lynch takes issue with the popular wisdom that the small individual investor can’t possibly compete with the pros. Au contraire, claims Lynch. the small investor has a huge advantage over the Wall Street analyst because he is also a consumer and able to pick up on popular trends long before they show up in the earnings numbers Wall Street obsesses over. Lynch gets especially excited when talking about the various 10, 20, or 30 baggers he’s bought throughout his career, which is Wall Street parlance for a stock that returns 10, 20, or 30 times your initial investment. Just one or two of these over an investing career can make a small investor very wealthy.
Ignore Hot Tips
Lynch fills an entire chapter on which stocks to avoid, but it can be summed up in one sentence: ignore hot stocks. Hot stocks in hot industries are generally well-followed by the street and so hyped that they have little chance of living up to their expectations (and lofty valuations). boring companies, on the other hand, aren’t very popular on Wall Street because boring, old-economy stocks don’t generate excitement and don’t bring in hefty brokerage commissions. Investors are looking for the next big thing and Wall Street gives investors what they want. What motivation does your broker have to promote boring stocks that won’t generate commissions? none.
13 Attributes Of A Perfect Stock
Peter Lynch lays out 13 attributes the best potential investments tend to have in common. if you can check most of these off, you just might have uncovered a potential 10 bagger.
- It Sounds Dull – the best investments have boring, non-descript, ugly names like Waste Management.
- It Does something Dull – A bottle cap manufacturer, on average, has better investment potential than a hot biotech company because expectations tend to be much lower.
- It Does something Disagreeable – Nobody wants to think about operating a landfill or picking up dumpsters, which is too bad because taking out the trash is very, very profitable. if it’s something nobody wants to do, chances are you can make a pretty penny having people pay YOU to do it.
- It’s a Spin-off – Spin-offs often make very profitable investments. For more on why spin-offs consistently make good investments, I highly recommend Joel Greenblatt’s horribly-titled yet excellent book on special-situation investing, You can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits
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- Institutions Don’t own it Yet – It’s much easier to find a bargain in a stock not widely owned by large institutions because that means not many analysts are following it.
- It’s in A Depressing Industry – this goes along with number 3: nobody likes to think about handling toxic waste of manufacturing coffins for babies. But just because a company does something depressing doesn’t mean it’s not highly profitable.
- Bad Rumors Abound - Waste Management allegedly had ties to the mafia which scared off investors. Fortunately, the mafia story faded away but the profits didn’t.
- It’s not in A Growth Industry – Stocks in growth industries tend to be over-valued. the domestic cigarette industry is shrinking by about 1% per year, on the other hand, and Phillip Morris has been one of the top-performing stocks over the past 40 years.
- It’s in A Niche – Niche players usually have less competition than companies in more general industries.
- People Have to Keep Buying It – Stop shaving for a week. What happens? you look horrible, lose your job, and your wife runs off with the pool boy. to keep from losing your job and having your wife run off with the pool boy, you have to keep buying razor blades so you can keep shaving. Brilliant.
- It’s A User Of Technology – Personal computer companies like Dell, IBM, and HP compete endlessly as computer prices spiral downward and depress profit margins. why not invest in a company that benefits from the price war instead of the company involved in it? Companies in industries heavily-invested in technology are also much more resistant to cheap foreign competition.
- Insiders Are Buying – this one is a no-brainer. the CEO is in as good a position as anybody to know the direction of future profits. if he’s buying like there’s no tomorrow, you have to stop and ask yourself what he knows that you don’t. Ditto if he’s selling.
- The Company is Buying Back Shares – Buying back shares is a simple, shareholder friendly way to reward investors. you want to invest in a company that treats its owners with respect and is a good steward of shareholder capital.
I can’t recommend this book enough. One up on Wall Street is one of the finest books on buying individual stocks I’ve ever come across. it gives just enough info on fundamental stock analysis to get you started but doesn’t bog you down in details. even if you never plan on venturing beyond the comfort of your favorite mutual fund, it’s still an entertaining and worthwhile read. Chances are you’ll want to try your hand at individual securities after reading this book, however, because Lynch really succeeds in inspiring you and making you believe it’s possible. Don’t let the fact that this book was first published in 1989 deter you: the information here is timeless.
Buy One up on Wall Street by Peter Lynch from Amazon.