Talking stocks, trading, and investing in general

[UnFacconable]



There's no debate there. I'm going to max my 401(k). Only question is what I do with my old 401(k).

Apart from retirement plans most of my new investments are going into private funds. I'm also moving from a situation where all my comp was cash to one where I have equity so the asset allocation calculus changes quite a bit. Will save less and invest less until there's an exit of some kind.

As I'm sure you'll all be relieved to hear, this is now a moot point. Thanks to serendipity, my new company is moving to Fidelity shortly, possibly even before I start, so I should have much better investment options and lower fees and will probably roll all of my previous 401(k)s over.

 

[upthewazzu]

RE: Bond Funds...Dump 'em or buy more?

 

[guyver00]

Yeah, Tony Robbins and his new financial book. People like his schtick and figure his financial advice is also sound. I think I read a review on The Big Picture blog, it basically said Robbins' portfolio is heavy with bonds and not really applicable to the current low interest environment. Basically driving whilst looking into the rear view mirror.

 

[chrisjr]



Yeah, Tony Robbins and his new financial book. People like his schtick and figure his financial advice is also sound. I think I read a review on The Big Picture blog, it basically said Robbins' portfolio is heavy with bonds and not really applicable to the current low interest environment. Basically driving whilst looking into the rear view mirror.

The first "most helpful" review on AMZN is hilarious:
http://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757801

 

[Master-Classter]



BABA & YHOO having a day. Glad I added to the positions earlier this week when the market was feeling shaky about their earnings. GM is the only major under performer in the portfolio. YTD portfolio is +7%

Yeah nice pop there on BABA. It's done that 100-120 range before, then it was 90's, then fell and seemed to bounce around low to mid 80's. I bought some around 78-80, and sold first thing this morning at 88. I know it could go higher, so I'm certainly not suggesting anyone else sell, but IMO when I see a jump like 10%+, how much echo is left tomorrow? I sold and took my profits and moved them elsewhere.

speaking of jumps... YELP!, wow, so far 25% up for the day. I sold mine at 47, maybe a little early but I'm happy with the jump. Takin' my moneyz and moving on.

What the hell happened to Whole Foods? Didn't they beat their earnings estimate?

That's what I mean when I made a point earlier how companies that are good solid guys that have done well for some reason are seeing weird and very large drops. I bought WFM and GMCR this morning (95/95 or so)


HIMX seems to be dropping constantly. Still think it's worth getting some (I bought more) considering the upside potential

 

[amerikajinda]



speaking of jumps... YELP!, wow, so far 25% up for the day. I sold mine at 47, maybe a little early but I'm happy with the jump. Takin' my moneyz and moving on.

Looks like $YELP is just clawing its way back to where it was a month ago after that 30% loss on April 30th.

 

[chrisjr]



RE: Bond Funds...Dump 'em or buy more?

What's the duration?

 

[SkinnyGoomba]

Maybe my thinking is backwards on this, but I'm finding the trend of 'activist' investors, which take out a huge short position then go in a campaign against the respective company, to be both really annoying and to have very transparent motives.

A little romance would be nice, some mystery or drama....nope just a huge position, followed by the campaign trail...how dull.

 

[amerikajinda]

Happy Friday! Every single position is in the green!!!

 

[chrisjr]



Maybe my thinking is backwards on this, but I'm finding the trend of 'activist' investors, which take out a huge short position then go in a campaign against the respective company, to be both really annoying and to have very transparent motives.

A little romance would be nice, some mystery or drama....nope just a huge position, followed by the campaign trail...how dull.

Fair, but there are also loads of activist investors that go long and aim to shake up management. Happy to get along for the ride on those.

 

[SkinnyGoomba]



Fair, but there are also loads of activist investors that go long and aim to shake up management. Happy to get along for the ride on those.

I don't begrudge them all by any means. Some just seem to be trying their hardest to make a profit on a short position...

I'll be more specific;

Chanos criticizing Shell's decision to buy BG....one of his complaints was that the decision was 'out of the blue'....really...oil has dropped from $110~ last summer into the $60's and this guy thinks it's 'out of the blue' that the oil majors are on a buying binge.

I see it that they want to position themselves in LNG the same way Exxon did in purchasing XTO, which was also heavily criticized, however Tillerson said at the time he was making a long term (10,20,30 yr) play, not short term.

This seems to me to be a better way of getting the deal done than buying it when natural gas prices rise significantly.

 

[upthewazzu]

What's the duration?

average maturity of 5-10 years

 

[FLW]



Maybe my thinking is backwards on this, but I'm finding the trend of 'activist' investors, which take out a huge short position then go in a campaign against the respective company, to be both really annoying and to have very transparent motives.

A little romance would be nice, some mystery or drama....nope just a huge position, followed by the campaign trail...how dull.

I hate this, too. No nuance whatsoever.

This class of investor really needs its own term to distinguish it from the other activists, like those mentioned above. Assassin investors, perhaps? Judas investors? Brutus? Cassius? Benedict Arnold? Machiavellian? There must be something.

 

[lawyerdad]



I hate this, too. No nuance whatsoever.

This class of investor really needs its own term to distinguish it from the other activists, like those mentioned above. Assassin investors, perhaps? Judas investors? Brutus? Cassius? Benedict Arnold? Machiavellian? There must be something.

Capitalists?

 

[FLW]



Capitalists?

You're no fun

FWIW, Judas was likely a damn fine capitalist. Thirty pieces of silver goes a long way to alleviating short term cashflow problems.