October 8, 2014
Truly terrible several months for me–underperforming the market, which always is upsetting.
Okay, I’m going to split my money up between two similar investments: Fortress Investment Group LLC (FIG) and Apollo Global Management, LLC (APO), both companies being in the investment management business.
Which also describes me. (At least for myself).
More deep breaths…
February 7, 2007
Here’s something I just learned about today.
You know, how you occasionally want to clear out your GOOGLE “Search History”? I do it regularly. I wouldn’t want my kids to borrow my computer and see stuff like “Dick Cheney nude” and “best scams senior citizens”. We all make those, um, hypothetical searches that we’d just as soon keep private.
Guess what: not so private!
If you ever opened an account with GOOGLE for email (which I have) or for their website analytics service (which I have), you can go to www.google.com/psearch and then go to your “Search History” page and, gulp, if you’re me you see your search history back to August of last year. Every sick, twisted search I ever made (in pursuit, of course, of my journalistic desire to, um, investigate every nook and cranny of the Web to bring you the most interesting and educational videos, articles, and other links).
You can go to that site and “opt out” on having this personal information archived, by the way.
Just thought you should know…
May 14, 2009
So Mr. Gokey, the early favorite (until we actually heard Lambert sing), has left us and we’re down to the Final Two for next week’s finale. Here are your final Vegas odds per the Bodog site (no surprises here):
Adam Lambert 4/13
Kris Allen 5/2
September 18, 2014
Well, after a dearth of picks the last time I looked (August 27th), I found several this time around:
First up, I’ll be taking a half (limited confidence) position in both JMP Group Inc. (JMP), which is in the investment banking industry, and REX American Resources Corporation (REX), which is in the ethanol business, and which I actually purchased once before a couple of years ago, although I don’t recall how I did–I think pretty well.
I’m also going to take a full position in Alaska Air Group, Inc. (ALK), hoping to be able to get cheap airplane tickets to go watch the next Palin family brawl.
August 27, 2014
I think I’ve only done this once before, but…
Sitting it out for a few weeks.
Nothing showed up on my screen that I want to buy.
I’m just going to hold on to what I’ve got.
Call it My August Vacation, I guess.
August 6, 2014
Ouch! Taking a hit lately, but I keep on plugging.
Today I have two selections: Appliance Recycling Centers of America Inc. (ARCI), which apparently recycles appliances. A noble pursuit.
And BBVA Banco Franc (BFR), which provides financial services in Argentina–to the extent that Argentina HAS “financial services”. They defaulted a week ago and their market tumbled some 8%–making this a fairly risky pick, as so many of mine are.
The market is a little nervous-making these days, so…Good Luck!!
July 17, 2014
I’m going to jump back into AmTrust Financial Services, Inc. (AFSI), which I bought in July, 2010, and sold a couple of years later, pretty much doubling my money. It has kept running up (me missing most of it) and now is back on my screen, so I guess I’ll try, try again.
June 25, 2014
Just one pick this time around: Modine Manufacturing Company (MOD).
They manufacture “heat exchangers” for vehicles.
Anyway, they have a really low P/E ratio–which I always like, although that can also be a sign of something…wrong.
So, good luck!
And Happy Investing!
June 4, 2014
Three picks today–I’ll be taking positions in each one. First up is Omega Protein Corporation (OME), which makes–you guessed it–food supplements featuring Omega-3 fish oil. Good for your heart AND (hopefully) for your portfolio.
My second pick is Moneygram International Inc. (MGI), which is in the money
laundering transfer business. They’ve been around since 1926 (old school) but are apparently dabbling a bit in “Bitcoin”. I would generally run away screaming from anything “Bitcoin”, but I don’t think the company actually speculates in those silly things themselves, but might make their transfer possible. Don’t know. (Today’s primary investment tip: “Run away screaming from anything ‘Bitcoin’!”)
And lastly, I’ll be taking a position in Warren Resources Inc. (WRES), as I think I’m a little light in the oil industry and this one looks interesting. (Today’s secondary investment tip: “Don’t confuse fish oil with petroleum oil!”)
May 14, 2014
I’m revisiting an old Chinese stock I purchased back in 2008 and quadrupled my money in. For want of finding anything better, I’m going to get back in on China Automotive Systems Inc. (CAAS).
This despite having recently lost my shirt on another Chinese stock recommended here about a year ago which recently had its trading suspended: Lihua International, Inc. (LIWA). According to a recent story about that stock, the company “…made false and/or misleading statements and/or failed to disclose that: (i) the Company underwent a significant downturn in its business beginning in late 2012; (ii) the production activities of Lihua decreased in 2013 and nearly stopped after January 31, 2014; (iii) the Company’s warehouse was seized by a court in the People’s Republic of China; and (iv) one of the defendants is being investigated by Chinese police for larceny after attempting to move inventory.” Ouch!
Better luck this time.