Oct 022014

If you’re new here, you may want to subscribe to get stock tips or have investing ideas delivered to your email. I’m also on The Twitter.Thanks for visiting!Tweet Back after a week of, I dunno, slacking, it’s Eddie. I believe this will be PF groupthink assassination post number 3.  This post will be a departure from the conventional wisdom in the PF community.  This is not meant to be explicitly antagonistic, but I do not apologize for it if it is. The community of the PF realm is indulged with Read More [...]

Sep 302014

Tweet I’m running late today, on accounts of I had to spend some time in a giant metal tube. Flying discount carriers seems like a good idea at the time, until you, y’know, actually have to do it. But I digress. Let’s talk a little about the Uproar Fund. During the 3rd quarter it added one position, Danier Leather, at $9.11 per share. It makes up approximately 5.5% of the fund. Danier Leather As of the time of this writing, the stock hasn’t done well, thanks to it releasing some Read More [...]

Sep 292014

Tweet Because, hey, let’s create a convenient excuse for the poop jokes. CHALLENGE ACCEPTED. I’m not gonna lie, one of the reasons why I wanted to go to Japan is because I wanted to try a bidet. It’s like a magical invention that nobody wants to talk about because of the, uh, dirty work it does. But I was curious. What did it feel like? Did it get everything? And was there really a camera in it like on that episode of the Simpsons? And then Vanessa and I stayed at a Read More [...]

Sep 282014

Tweet Instead of one thought worthy of preamble, you get several random ones. Think of it as the least delicious helping of scrambled eggs ever. I wrote about Urbana a few months ago. It’s a closed end fund that invests primarily in financial stocks. It also has a large holding in a few privately owned stock markets, which have performed well for it over the last few years. The fund owns about $2.85/share worth of assets, and you can pick it up for $1.87 per share. With the company buying back Read More [...]

Sep 252014

Tweet Eddie’s off this week because he has to study for an MBA exam. Or maybe because his mom won’t let him come play. So you’re stuck with Nelly again. Suckers. Oh hey, it’s the 14th million post on budgets. Geez Nelson, could you be any less original? Well, yes. But that’s besides the point. I’m currently nearing the end of two weeks in Japan. Much has been said about how expensive this country is, especially the major centers. Kobe beef apparently costs 14 million dollars per ounce. Rice is Read More [...]

Sep 242014

Tweet A few months ago, one of my readers asked about metallurgical coal producer Walter Energy (NYSE:WLT). The company’s share price fell from a high of $136 in 2012 to less than $5 per share at the time. I wrote a blog post about it, and came to the conclusion that it had too much debt, was bleeding too much cash, and should probably be avoided. Turns out I’ve been right, at least so far. The company’s stock currently sits under $3. It continues to be a rough go for Read More [...]

Sep 232014

Tweet No preamble kids, let’s get right to the latest stock I’m looking at — Celestica (TSX:CLS). It’s a tech company, but it’s mostly in the manufacturing space. Companies approach it to make the newest gadget, or piece of medical equipment, or whatever. Celestica does everything from helping to design it to making sure it gets shipped to the retailer. BlackBerry was the company’s biggest customer, until it dumped it for Foxconn and its ability to produce more on demand. Let’s look at the balance sheet first, because it’s succulent. Read More [...]

Sep 222014

Tweet (image credit) I’m not sure I hate anything in this world more than SMART goals. Okay, that’s a lie. I hate plenty of things more — like entitled people, the lazy, whiners, mustard, sunshine, The New York Yankees, people polluting my Twitter feed promoting their latest post 19 times, when I miss a spot trimming my beard, the dark, bullets (but not guns), drunk people, WHOO girls, the Chicago Cubs’ starting lineup from 1989, feelings, showering, that time I fell down, and 37% of the people from Denmark. I’m Read More [...]

Sep 202014

Tweet Sick of hearing about my travels yet? TOO BAD SUCKAS. I OWN YOU. I’m writing this in a “business hotel” in Osaka, which is really just a Japanese version of a motel. My room consists of a bed, tiny TV (which has a pay-per-view porn option by buying a card from a vending machine), a small desk, and a bathroom the size of an airplane lavatory. Forget about the sites, let’s talk a little about Japan’s impending demographic doom. A third of the population is over 65, and 40% Read More [...]

Sep 182014

Tweet It’s Thursday, which means it’s your weekly helping of Eddie. No, you cannot have seconds. He blogs here.  Every few months, I spend several minutes reading several PF blogs, also known as my competitors. It never ceases to amaze me at the level of groupthink prevalent in the PF community. The most common elements encountered in terms of this phenomenon are: Banks are out to steal your money Only get a no-fee credit card Index investing is the best and really the only way to invest in the equity Read More [...]