Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 12-14-2007, 04:02 PM   #41
Thinks s/he gets paid by the post
Bikerdude's Avatar
 
Join Date: Jul 2006
Posts: 1,901
Quote:
Originally Posted by cute fuzzy bunny View Post
Its all part of my efforts to become selfless.

Lets all remember that I defended Ho$uc at first too. He seemed quite reasonable.

Must be part of the Christmas spirit .
__________________

__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
Bikerdude is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-14-2007, 08:39 PM   #42
Recycles dryer sheets
 
Join Date: Apr 2007
Posts: 292
I just want to say thank you to Brewer for all the time and effort he puts into helping us here.
__________________

__________________
joesxm3 is offline   Reply With Quote
Old 12-15-2007, 03:19 AM   #43
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
 
Join Date: Oct 2006
Posts: 7,450
Quote:
Originally Posted by FinanceDude View Post
To coin a phrase from Bevery Hills Cop I, when Axel Foley asks Sergeant Taggert: "Why are we always fighting"??

Running Man felt it important to "tell us his qualifications" not sure why. I will always stick up for brewer because although he and I are polar opposites politically, he is IMHO a darn good analyst. He reads balance sheets and prospectuses and red herrings for a living. Same with guys like saluki9, guys that actually do portfolio management on portfolios in the 9 digit range. I don't take their financial acumen lightly.

Running Man can take folks to task all he wants, but he needs to understand, as you do, that those of us who also posess some acumen are free to challenge and refute him as does others.

It has NOTHING to do with moderation. Moderators are people too...........
Ok I went back and reviewed the last few months of Running Man posts. I didn't seen any instances when he was attacking people, being nasty, or doing anything that would warrent be called down by a moderator. Other than one crack about investing when Brewer was high school I just don't see it. (Which remind me of Reagan vs Mondale I will not hold my opponents youth and inexperience against him.. well you had to be there.)

He has consistently disagreed with the opinion of Brewer and other that bank stocks are a bargain and we will recover once Mr. Market comes to his senses. He also been bashed a lot for his opinions.

I asked Running Man his qualifications (and CPA and many years of investment experience count for something.) This is NOT an academic question for me. I own one bank stock several risk but high yielding quasi banks and have written puts on USB, BAC, WFC, and BBT of which all but USB are likely to be exercised in Jan. Since the amount involved is well in the 6 digit range, I am interest in collecting as much information as I can.

The way I figure. The group of folks who think Bank stocks are a bargain is pretty impressive
It starts with Warren Buffett, includes most of the Morningstar analyst, the professional money managers like Brewer and FinanceDude. It also includes me although in my case I pretty much worried in mostly concerned with the dividends being paid in the intermediate term.

On the side of Banks are overalued is Mr. Market who pretty routinely drives the stocks down. I can't ask the guy who sold BAC at $42.11 today. Sir could you tell me why you sold BofA. Warren Buffett owns it, Morningstar say it is worth $70, and it pays a 5.7% dividend, what were you possibly thinking when you sold it? I don't know if he sold because he was tax harvesting, he is a sheep, his mutual fund is having redemption problems and needs to raise cash, he is window dress for the end of the quarter, or he has a lot of insight in the intrinsic value of the stock.

Running Man is sort of Mr Market to me. So when he says that we are just seeing the tip of the non-performing loan problem, and he'd be interested in BofA at $12 why this in interesting red flag to me that even the smart money can be wrong. So lets not discourage long time but infrequent posters ok?
__________________
clifp is offline   Reply With Quote
Old 12-15-2007, 09:43 AM   #44
Recycles dryer sheets
 
Join Date: Nov 2007
Posts: 75
Seems to me as though a lot of angina could be avoided if, when responding to the ideas of others, posters on discussion boards would simply behave as they would in a "real life" social situation. Is there any doubt about how long a corporate manager would last if he responded to the ideas of his peers or subordinates (not to mention his superiors) by prefacing his opinion with the equivalent of "You clearly have no understanding of this issue" or "As I've told you over and over. . ." Or if he stuck his head into a meeting addressed to a perceived threat to the business only to crow, "Tin hat, tin hat!"? The message of disrespect and derision is no less powerful in an internet forum than it is in the workplace.
__________________
emilylynn is offline   Reply With Quote
Old 12-15-2007, 03:42 PM   #45
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2007
Posts: 7,526
Quote:
Originally Posted by emilylynn View Post
Seems to me as though a lot of angina could be avoided if, when responding to the ideas of others, posters on discussion boards would simply behave as they would in a "real life" social situation. Is there any doubt about how long a corporate manager would last if he responded to the ideas of his peers or subordinates (not to mention his superiors) by prefacing his opinion with the equivalent of "You clearly have no understanding of this issue" or "As I've told you over and over. . ." Or if he stuck his head into a meeting addressed to a perceived threat to the business only to crow, "Tin hat, tin hat!"? The message of disrespect and derision is no less powerful in an internet forum than it is in the workplace.
Isn't that how most corporate managers actually act in real life?!?!

A good reason to FIRE.
__________________
FUEGO is offline   Reply With Quote
Old 12-15-2007, 03:54 PM   #46
Thinks s/he gets paid by the post
Bikerdude's Avatar
 
Join Date: Jul 2006
Posts: 1,901
Quote:
Originally Posted by FUEGO View Post
Isn't that how most corporate managers actually act in real life?!?!
Pretty much normal behavior where I worked. You should have seen how we treated vendors . It probably seems like a normal work conversation to Brewer .
__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
Bikerdude is offline   Reply With Quote
Old 12-15-2007, 04:59 PM   #47
Recycles dryer sheets
 
Join Date: Oct 2007
Posts: 463
Superiors? No.

Peers? Most don't, some do.

Subordinates? Many (but IME not most) do.
__________________
TickTock Rule Of Finance - heavily discount any promises of money/benefits to be paid to you in the future

"I've traded love for pennies, sold my soul for less" -Jim Croce, Age
TickTock is offline   Reply With Quote
Old 12-15-2007, 05:26 PM   #48
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,046
Sign .. we put on our mask when we interact with people face to face. We reveal our true self behind the wheel or in an internet forum.
__________________

__________________
Spanky is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Short plays?? Thoughts... Art G Stock Picking and Market Strategy 47 03-23-2008 05:55 PM
The Big Squeeze Mountain_Mike Other topics 6 06-16-2005 05:29 PM
Short term investment JRB FIRE and Money 20 05-13-2005 06:58 PM
Life is Short Video retire@40 Other topics 0 03-26-2005 06:37 PM
Homeowners Come Up Short on Insurance sgeeeee FIRE and Money 7 08-31-2004 05:55 PM

 

 
All times are GMT -6. The time now is 10:50 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.