Prof103’s Activity

Fri Aug 28

NL

Boards Post

Prof103 replied to the Cars & Driving board. 21:52

Re: Who has priority?

I can't believe this is being discussed. You are asking if a car should give way to pedestrians? Of course they must.

It's basic common sense. Soft, squidgy, easily-damaged human beings, versus big, strong, fast-moving metal battering
[more]

Wed Aug 26

NL

Boards Post

Prof103 replied to the Investment Strategies board. 22:29

Re: One way bet

Funkyindexfinger,

Best post that I have read in a long time.

P103

Sat Aug 22

NL

Boards Post

Prof103 replied to the Music Music Music board. 21:43

Re: Most "Important" Album ever

OK as you asked:-

The consensus among the few musically knowledgeable folk I have discussed this with is:-

In the field of popular music, The Beatles last LP "Abbey Road";

In the field of Jazz, Miles Davis [more]

Thu Aug 20

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Boards Post

Prof103 replied to the Paulypilot's Pub - Macro Topics board. 12:34

Re: Doomsday ja vu

I think the market is going to stay high, and accept a lower return on capital due to the low or negative risk free returns.

This is your judgement and accords with a long term equilibrium or steady state view of financial markets [more]

Wed Aug 19

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 10:40

Re: What next?

"I can answer the first part of your question concerning stocks.

A P/E of 20 or an earnings yield E/P of 5% is expensive by historical standards."

Yes but looking at market PE in isolation, given today's record low base [more]

Tue Aug 18

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 18:41

Re: What next?


Is a PE of 20 for a consumer goods multinational really all that expensive when 20-year government bonds are on a PE of 50? Okay that may be a sign to avoid both, ...


I can answer the first part of your question concerning [more]

Fri Aug 14

NL

Boards Post

Prof103 replied to the Investment Strategies board. 10:12

Re: crash in late 2016?

"I'm considering using my investments to clear my mortgage in 4 years time."

Whereas I am using my (equity) investments to provide me with an income for the rest of my life with the capital eventually being passed to my [more]

Thu Aug 13

NL

Boards Post

Prof103 replied to the Investment Strategies board. 18:17

Re: crash in late 2016?

Hello Goldenboy,

Last year I took the view that markets were looking expensive so I moved from 100% equities to 80/20, equity/short term gov bonds. I'm now considering moving to a 60/40 split to take the risk down a notch [more]

NL

Boards Post

Prof103 replied to the Does Anybody Know? board. 18:02

Re: Digital Piano

I have a 1929 Baby Grand Broadwood elsewhere that sounds great if a little bright in a small room with a lot of wood flooring and panelling.

Currently, I use my son's inexpensive Casio Privia PX-135 digital piano in a better damped room.. I [more]

Sun Aug 9

NL

Boards Post

Prof103 replied to the Oil & Gas - Markets & Trends board. 23:07

Re: oil guru sees a rebound

- and renewables keeps taking nibbles out of the demand side.

It will be just nibbles since renewables are taking a bite out of electrical energy where electrical energy counts for less than 20% of total energy usage.

P103

Sun Aug 2

NL

Boards Post

Prof103 replied to the Investment Strategies board. 16:31

Re: Tactical Call Update

"But let no one be in any doubt as to what an LTBH portfolio actually is. A LTBH portfolio is a fully market invested portfolio."

LTBH does not mean you have all your money in the stock market. It simply means that the fraction
[more]

Sat Aug 1

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Boards Post

Prof103 replied to the Investment Strategies board. 15:14

Re: Tactical Call Update


It is easy to overlook the value of simply removing the risk off the table when there was no real value in taking it.

That said, that's only 25% back-in, so we'll have to see how the rest of it looks later.


Indeed, it [more]

Fri Jul 31

NL

Boards Post

Prof103 replied to the Value Shares board. 13:26

Re: Deep Value - Tobias Carlisle

Gosh, Just looked at how old the OP was. Oh well, better late than never. Or maybe not.

Extremely Foolish Regards,

P103

NL

Boards Post

Prof103 replied to the Value Shares board. 13:23

Re: Deep Value - Tobias Carlisle

Only a small point, Jack:

At one end of the value investing spectrum we have the 'deep value' fanatics seeking bargain shares in the style of Benjamin Graham, and at the other those who seek 'quality' business franchises selling at a [more]

NL

Boards Post

Prof103 replied to the Legal Issues - Practical board. 10:48

Re: Will wow!

In many European countries the basis of law is the Napoleonic Code, and one of its features is known as `forced heirship'. In other words the state takes the view that children must inherit part of your estate and makes laws to enforce such [more]

Tue Jul 28

NL

Boards Post

Prof103 replied to the Legal Issues - Practical board. 16:52

Re: Will wow!

It is enough to say that DJ Million held that Mrs Jackson had acted in an unreasonable, capricious and harsh way
towards the appellant but that both sides were responsible for the failure of these attempts(of
[more]

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 09:22

Re: Greek joke


It is interesting how German PR manages to make them out to be paragons of virtue in so many things and how many believe them and then buy their over priced manufactured goods. It is a long running theme in Britain dating back to the late
[more]

Mon Jul 27

NL

Boards Post

Prof103 replied to the Investment Strategies board. 14:43

Re: Future estimates

"it's just too chancy to assume a yield many years ahead. Consequently on this view, the capital cannot be known either."

So if the yield is too chancy to assume and the capital cannot be known either then it follows that the
[more]

Thu Jul 23

NL

Boards Post

Prof103 replied to the Investment Strategies board. 18:36

Re: Future estimates

"Income flow prior to retirement is a complete irrelevance. All that matters are optimisation of risk and total return such as to give the best chance of reaching the target in an appropriate time-frame. That may be suited to an income strategy [more]

Wed Jul 22

NL

Boards Post

Prof103 replied to the Investment Strategies board. 17:48

Re: Future estimates

The point to note is the risk of a relatively poor/bad equity decade, two or more is ever present.

Permit me, jfh55, to quote you in bold. I get the feeling that many folk here regard you as the harbinger of doom, and so you pass your [more]

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1235
Recs Received 2192
People who have rec'd these posts 661
Recs to Posts Ratio (last 30 days) 0.60
Threads Started 52
Threads Started Percentage 4.21 %
Most Frequent Board High Yield - Share Strategies
Very First Post Boost Your Pension in a Day (18/04/2006)
Percentage of Posts Rec'd 58.79 %
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