Prof103’s Activity

Today

NL

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]

Yesterday

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]

NL

Boards Post

Prof103 replied to the Investment Strategies board. 17:13

Re: Future estimates

"...However as a general observation I would suggest that a portfolio that generates a lower yield than your 2.8% may be expected to generate higher total returns, especially if you select companies that achieve and can maintain a high return on [more]

Tue Jul 21

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 09:45

Re: Heresy

"The real culprit here is Germany going back to an Orthodox Economic viewpoint that was so disasterous for them, worse than Versaille, immediately after the First World War when they went back on the Gold Standard. But this time they are [more]

Mon Jul 20

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 21:15

Re: Heresy

If the reforms happen and Greece begins to prosper it may come across that the tough medicine administered by the Germans took the patient from life support to full health, ...

Structural reform works well in the boom part of the [more]

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 17:29

Re: Heresy

By the end folk were loathing the work shy Greeks and cheering the prudent Germans who had legged them over and meanwhile greatly benefitted from the weak Euro that Greece helps sustain.

Very true that we have the Germans who had [more]

Fri Jul 17

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 19:04

Re: What did Tsipras propose?

To have let the banks go in the modern counter party interconnected economy would have led to a domino effects. So for example your employer loses his bank account, so he can't pay you, pensions vanish so anyone in work is taxed higher to replace [more]

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 16:37

Re: What did Tsipras propose?

>> The superficial benefits of a common currency are really quite trivial

and kenobi replied:-

They're not if you're from a state with a weak currency. The reason that support for the euro in greece has held up is because
[more]

Sun Jul 5

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 10:29

Re: If Greece were a bank...

Happy tenth anniversary mike12,

Indeed, GEC at its peak also employed around 30.000 people at the ‘big house’ alone in Trafford Park and Weinstock built up a cash reserves of around 2 or 3 £billion which the City did not like, [more]

Sat Jul 4

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 22:43

Re: If Greece were a bank...

The banks got bailed out because they were systemically dangerous to the financial system.

Rather, the bailouts were banked despite them being systemically dangerous to the economy.

There never was an economic need to bail [more]

Thu Jul 2

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 23:15

Re: EuroJingoists Rampant

"Of all the commentators on the Greek financial crisis, I have found Ambrose Evans-Pritchard's articles to be the most credible."

Reading the articles it is clear they author’s main gripe is that Greece was saved from bankruptcy [more]

Mon Jun 22

NL

Boards Post

Prof103 replied to the Investment Strategies board. 11:01

Re: FTSE 100 undervalued?

I would be interested in opinions on this. It seems somehow strange to me that, in the current QE environment, and with US shares being where they are, UK shares may actually be undervalued, but this is apparently what the number are [more]

Thu Jun 18

NL

Boards Post

Prof103 replied to the Paulypilot's Pub - Macro Topics board. 19:36

Re: Grexit

"The EU is inextricably shackled to the Euro at present. It needn't be! There should be two types of country in the EU:
1. Those who accept the Euro, free movement of people and an increasing commonality of laws between their countries; [more]

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1224
Recs Received 2184
People who have rec'd these posts 661
Recs to Posts Ratio (last 30 days) 6.30
Threads Started 52
Threads Started Percentage 4.25 %
Most Frequent Board High Yield - Share Strategies
Very First Post Boost Your Pension in a Day (18/04/2006)
Percentage of Posts Rec'd 58.91 %
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