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TheDumbMoney (73.71)

June 2011



Cool Altria, I mean, SABMiller, Initiative in Africa

June 24, 2011 – Comments (2) | RELATED TICKERS: MO

I think this is a cool initiative from SABMiller in Africa.  [more]



Why I LOVE Ben Bernanke And YOU Should TOO; Or..., How Things Actually Work!!!

June 22, 2011 – Comments (34) | RELATED TICKERS: SPY

There is an entire cottage industry that has arisen both on this site, and also on sites like Pragmatic Capitalism, and elsewhere, involving the bashing of Ben Bernanke.  Nothing makes you seem smarter than bashing Helictopter Ben.    [more]



This Man is a Genius

June 21, 2011 – Comments (0) | RELATED TICKERS: SPY

I think this man is a genius.   And I think everyone in the world should pretty much listen to every durn thing he says.  This one of his market insights is particularly good.  I agree with most though not all of it.  I particularly like his indictment of the simplistic strands of both Republican and Democratic jobs/tax/economic policy dogma.  [more]



A Few Thoughts On Walmart

June 17, 2011 – Comments (11) | RELATED TICKERS: WMT , TGT , KO

So actually my second post ever on the was about Walmart.  See here.  It included wildly optimistic assumptions about Walmart's free cash flow growth.  While I recognized at the time, and recognize now, that Walmart cannot grow cash flow like crazy forever, truly if you look at Walmart's free cash flow growth from 2002 through today, it will astound you.  Admitedly, there was a net increaase in depreciation and a decrease in investments in operations, which should be explored further, but that is a topic for another day.  [more]



Adding to Berkshire Hathaway Today by About 40%

June 15, 2011 – Comments (14) | RELATED TICKERS: SPY , BRK-B

Father, forgive me, for it has been over a year since my last purchase.    [more]



INTC 1/19/2013 Call 32 & MSFT 1/19/2013 Call 32.5

June 13, 2011 – Comments (4) | RELATED TICKERS: MSFT , INTC , AAPL

Bought the above leaps today.  Contrary to my last post, which was mainly about monetary policy and macroeconomics, I have decided now that I looked into them that I am not buying Apple Leaps.    [more]



Panic at the Disco!

June 10, 2011 – Comments (20) | RELATED TICKERS: MSFT , INTC , SPY

My post title is both a reference to the band, quite popular in the summer of 2008, and to the mood gripping the nation as the Dow dipped below 12,000 this morning, perhaps temporarily, perhaps as part of a continued decline.  The question is whether this is Summer 2008 redux, or Summer 2010 redux.  Either way, the mo-mos are in panic mode, as many hot stocks collapse and 50-day moving averages and all that sh!t is breached.  I for one am thrilled.  Happily I sold all but one or two of my riskiest stocks towards the end of May.    [more]

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