Some of Jim’s Q&A from today:
--Is SHLD a hedge fund or a retailer?
-- I bought MA @ 44, sold ½ at 88 & am now playing
with the houses money…when should I take my
chips off the table for good? P/E of 140 seems
high, what is a good company to compare MA with?
-- I'm familiar with your mantra of
beginning a position smaller, and backin the
truck up if there's a pullback - but when you
get into a position and see it take off, is it
ever okay to buy into the lift if your thesis is
that there isnt going to be a nearterm pullback
that wont make the spread too big?
-- When you are doing homework on a stock do
you have a checklist you use? What are the best
sites to find information? What site do you use
to find the growth rate of a company? Different
sites have different growth rates.
By:diogeron |
Date: 06/04/07 |
While the US real estate second home market in places like FL (Naples, Panama City) has tanked, second homes outside the US in Mexico, for example, are going gangbuster. Check out the market in places like Puerto Vallarta, Cabo, Playa del Carmen, etc. and you will find that a lot of Americans, Europeans, and Candians are buying property there because it is still relatively cheap compared to the US second home market in tourist/retirement destinations. |
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By:Jerry7777 |
Date: 06/02/07 |
For years, even decades, real estate has been the object of huge "risk taking" in second and third homes et al. with being able to leverage small sums into millions. Now that the real estate bubble has at leat a crack in it, I would think that huge money is and will target the stock market for a long time. |
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