I was commenting on the statement that "Since the nature of preferred stock is that it will be paid back even if BAC goes under", which is clearly...
If that is the case, then your investment will most likely leave you manic-depressive. But since the probability of gain seems to be higher than...
I'm not sure where this incorrect information is coming from regarding preferred stock. In the capital structure of a company, secured...
This is my last post on the matter because it seems to be beyond your comprehension. 1. I believe there is a high probability that BAC is...
Warren Buffett believes BofA is healthy. You do not. I was addressing your contention that preferred stock investments were risk free with yet...
Well, in the Lehman bankruptcy, their $7billion in preferred stock was settled for about $250million. Warrants went to zero. If you believe BAC...
It's never easy. The theory is fairly [not completely] sound. But if you let the free market determine eveything the problems will be just as...
Don't overestimate your competition or underestimate yourself. Any job that requires 1-2 year of experience is essentially entry level. Many...
Anyone with 1 hour of investment training knows that preferred stock and warrants are not risk free, but enjoy your little fantasy world.
It's only an 8% loss and if that bothers you you definitely should not buy gold. It is very volitile [not always up].
I'll tell you what I told my kids when they were just graduating. 1. Work at something you like. Every career path leads to significant...
Buffett made my case for me. But I'm happy that you finally think that Buffett is guraranteed to make money as an investor in the bank. That...
I am not a tax expert, and please keep that in mind. But it seems highly likely to me that the IRS would consider a trade of this sort to be a...
Well, you're wrong again. Buffett called BofA. BofA didn't approach Buffett asking for money. 6% on preferred is far below what GE and GS paid...
With Warren Buffett's investment in and endorsement of BofA today, I guess we can put to rest your incorrect theories about the bank. The market...
Well, I don't want to get heavily into politics, but will offer the observation that the Constitution originally worked because it put limits on...
Thanks for a good summary. I have not read the book so I'll just make one comment regarding Keynsian economics. The theories are largely true...
There are two sides to the story. First, you should definitely pay attention to anecdotal evidence in the gold market. Second, you need to be...
It isn't "huge." It's 5% due to another increase in margin requirements. Drops like this happen regularly with gold, and every time it is...
I got your point and never mentioned growth possibilities. Regardless of what Wall St demands, the stock prices will rise if the gold price stays...
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