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  • On 20 Aug 2014 in Fraying 1980s Billionaires, AverageBear said:

    Rin says

    Afterwards, when the place went into this long term Ballmer quagmire, it became a sweatshop without the setup of a startup company, long hours plus creative input from workers. That's when many of my acquaintances joined and in the end, none of them liked it nor thought it was a good place to be, for more than a couple of years because it was all about Ballmer.

    --------------------------------------
    Rin,

    Here's the deal. You sound a little emotional and have a moral opinion or problem with MS and Ballmer. And that's OK. I have no problem with that. It sounds like you (or, your friends) were inside the MS shitstorm than I'd ever see, and know a helluva lot more of what went down.......I try not to get emotional when investing. (imagine Jack Nicholson's voice in "A Few Good Men")... "Within a successful shareholder-friendly company, you want a person like Ballmer on the line. You NEED a person like Ballmer on the line. Either way, i don't care. I'm going to keep my shareholder's happy".....

    MS turned from a high-growth startup company, and transformed into a reliable Dividend Growth (blue-chip) company. Over 30 years, and still successful in an insanely changing tech industry.

    I'm sorry Ballmer treated your friends like shit, but that's your friend's problem, not yours, mine, or the shareholders of Microsoft. Ballmer didn't turn Microsoft into a 'quagmire'. He did his job, and he did it REALLY well. Not many people can guide/transform a high-growth "startup" into a solid, reliable money-making machine; especially during some really transformative years in the tech industry no less.

    It sucks that these developers were Ballmer's bitches, but they allowed it to happen, and tolerated it to make a good buck.

    It sounds like Ballmer was a true asshole. But guess what? If you had a serious skin in the game (say a 6-7 figure investment in MS), you'd sure as shit want Ballmer running the game to make you money. Did MS fuck up some serious opportunities to continue the dominance (it has lost)? Sure. Coulda-Shoulda-Woulda-Whatever.... If you were, or are a long-term shareholder of MS, you can't hate Ballmer for growing your $$. If you do/did hate him for not making you enough $$, then you can't blame anyone else but yourself for not realzing a better opportunity cost for your dollars to work harder for you somewhere else.

    I'm positive you'll find managers like Ballmer at Apple cracking the whip both in the US, and in China to design and put those iPads and iPhones together. But if you are an Apple shareholder, don't kid yourself that it's all unicorns and rainbows for all employees of Apple, cause it's not. Same can be said for Intel, etc....

    I want to be an owner of these blue-chip, money-minting companies, and not work for one.... I'm hoping I can put in 10 more years of work, quit, and live off the dividends in my early 50s. Then I can spend time drinking beer w/ my sons, get a front row seat, and enjoy watching these clowns enjoy their 20's and 30's like I enjoyed mine.

  • On 20 Aug 2014 in CNN is so desparate to keep this thing going..., AverageBear said:

    I started reading this tripe, and somehow it reminded me of Chris Rock's bit... "How NOT to get your ass kicked by the Police"...

    I'll never know what it's like as a black man when encountering the police. But whatever color you are, you treat them with respect. You do not know if the guy with the gun and badge had a good day or not. It behooves you to 'be nice', and swallow your pride any time you deal w/ the police. You may never know it, but they appreciate it when you kiss their ass and show respect.

    Now on to the show. Chris Rock if fuckin' hilarious......

    https://www.youtube.com/watch?v=QR465HoCWFQ

  • On 20 Aug 2014 in Cherokee Lizzy came out with 11 Commandments of Progressivism, AverageBear said:

    Quigley says

    Race is becoming less an issue every year as inter race couples marry and procreate. Then their kids do the same and how confused would that 1/4black, 1/4 Asian, 1/4 white, 1/4 Latino kid be when it comes time to check the "ethnicity" box on his college admission form? Is he an oppressed minority or an elitist cracker?

    -----------------------------------------
    Quigley, you have a point. But when you lie on a job application, and the employer allows the lie to perpetuate for it's own personal gain (Harvard bragging they now have a woman 'professor of color'), that's a completely different matter. Then on top of all of this, the liar (that would be Liz Warren) takes her career public, she lies about the lie she used to 'game the system'. (Harvard does not hire professors out of Rutgers; sorry but it's the truth)...

    See, it's OK to lie when you are a liberal. The press (MSM, Boston Globe, et al), will give you a pass, and spike an 'inconvenient truth', but won't have the same sympathy if you aren't a liberal. It's just the way it is.

    Thank God Boston is a two paper town, with the Herald, calling out BS on both sides of the isle. If the story gets traction, the Globe is then forced to at least mention any transgressions a liberal might have done.... Sad, but it's just the way it is.

    And now all of the low-info liberal voters are rallying around Liz Warren for president. Un-fuckin'-believable. I can't wait to see her in a debate again. It's a shit-show of stammering, repeating 3-5 phrases that are unrelated to the question ("the middle class is getting hammered"), while having that stupid granny, "deer in the headlights" look....

  • On 20 Aug 2014 in Fraying 1980s Billionaires, AverageBear said:

    Rin says

    I hadn't met one person, who'd enjoyed working at Microsoft. Everyone there was Ballmer's b*tch and the man drove the place like a white collar sweatshop, not this fountain of innovation and creativity.

    -----------------------------
    I'm no Microsoft fan-boy, but of all the MS folks you supposedly know, well, nobody put a gun to each one's head to stay and work there.... And, although i don't personally know anyone that's been invested in MS since the 80s-90s, but I'm sure those longs are pretty content on what MS did for them as an investment. I wish I were one of them. I think they are catching a 2nd wind in transitioning into the cloud aspect of the business. Oh, and MS is VERY shareholder friendly. Again, not a fan-boy of MS, just a realist....

  • On 19 Aug 2014 in Does the 2nd Amendment apply to black people?, AverageBear said:

    lakermania says

    Straw Man says

    After Heller and McDonald? It can't be.

    Yeah I kind of doubt that too. From what I understand, in MA, the police chief can choose to deny you a license to buy firearms if you have a mental or criminal history background, but barring that you will be approved. And their governor, a few days ago, signed into law a bill that says a police chief cannot deny you a concealed weapons permit for no reason. He/she must indicate the reason you are being denied a CCW in writing, and you now have the ability to appeal a denial.

    Yeah, I'll believe it when I see it. If MA is so "gun friendly", why all the lawsuits?

  • On 19 Aug 2014 in Fraying 1980s Billionaires, AverageBear said:

    Comparing a Warren Buffett to Facebook is the most idiotic thing I've heard all week. Let's see where Facebook is in 30, 40, 50 years. It ain't no google, and may follow the footsteps of MySpace...

  • On 17 Aug 2014 in Does the 2nd Amendment apply to black people?, AverageBear said:

    Does the 2nd Amendment apply to ANYONE in Massachusetts? (or blacks in MA for that matter?)... NOPE...

    I laughed at this thread initially, because unless you know the Chief of Police of your MA town/city, more often than not, you are not going to be afforded your 2nd amendment rights in Massachusetts.

    That's right Martha. You want a gun to keep in your house to defend your property/family/home? You need to go to your town's Chief of Police and BEG. If he doesn't like you, doesn't know you, (pick any excuse), he can pretty much deny your 2nd amendment right to buy/keep a gun. And that's that..... And you can thank a liberal for this denial of our 2nd amendment in Massachusetts.

  • On 17 Aug 2014 in Cherokee Lizzy came out with 11 Commandments of Progressivism, AverageBear said:

    Some more 'facts'....

    http://elizabethwarrenwiki.org/elizabeth-warren-native-american-cherokee-controversy/

    ..."When confronted with this information, Warren admitted[12] she had filled out forms listing herself as Native American, claiming she wanted to meet other Native Americans:[13]

    Democratic Senate candidate Elizabeth Warren, fending off questions about whether she used her Native American heritage to advance her career, said today she enrolled herself as a minority in law school directories for nearly a decade because she hoped to meet other people with tribal roots.
    “I listed myself in the directory in the hopes that it might mean that I would be invited to a luncheon, a group something that might happen with people who are like I am. Nothing like that ever happened, that was clearly not the use for it and so I stopped checking it off,” said Warren….
    “Being Native American has been part of my story I guess since the day I was born,” said Warren, who never mentioned her Native American heritage on the campaign trail even as she detailed much of her personal history to voters in speeches, statements and a video. “These are my family stories, I have lived in a family that has talked about Native American and talked about tribes since I was a little girl.

    ...."That explanation did not make sense[15] because the AALS faculty directory only listed Warren as “minority,” not as “Native American,” so putting herself on that list was not a way to meet other Native Americans.....

    ..."The Genealogical Evidence Shows Warren Has No Native American Ancestry
    Detailed genealogical investigation by a group of Cherokee genealogists[31] showed that Warren had no Cherokee or other Native American ancestry. The findings are set forth at the blog Thoughts From Polly’s Grandaughter[32] which based the research on over one hundred primary sources,[33] and detailed the findings:

    The team and I have done an exhaustive search on the genealogy of Elizabeth Warren. We have researched ALL of her ancestral lines, but have only posted those she claimed were Indian here in the blog. None of her direct line ancestors are ever shown to be anything other than white, dating back to long before the Trail of Tears."....

  • On 17 Aug 2014 in Cherokee Lizzy came out with 11 Commandments of Progressivism, AverageBear said:

    I still can't believe the majority of my idiot neighbors voted for this fraud. How sad is it when Democrats celebrate a complete liar, who gamed the system. I'm sorry, but Harvard doesn't hire professors out of Rutgers. Oh but wait! She's a professor of color! Says so right on her application, see! She checked off Indian, so it must be so. No proof? No problem! Harvard's quota is filled HOOORAYYY!!!! Now that she's been at Harvard for a few years, she stopped checking the box. WTF?!

    - Also, many facts were spiked by New England's paper of record, the Boston Globe. The fact that she was a house flipper back in Oklahoma seemed to get swept under the rug by the 'beautifiul, low-info voters'... I'm sure this audience can't really like that fact.

    - The fact that she can't debate her way out of a paper bag seems to go unnoticed, as well.

    - Want to make her go away? Ask a tough, legit question. She runs for the hills.

  • On 12 Aug 2014 in Warren Buffett's Super-Simple Retirement Advice, AverageBear said:

    ......or, start with David Fish's dividend champions list, and pick you stocks in that pool to start. Buy companies that give you C-A-S-H every 3 months. ETFs are for those that don't want to learn how to grow money, and are content not to LOSE their money with a gigantic basket filled with 'meh'....

    Need proof? Read this....

    http://seekingalpha.com/article/2412225-retirement-strategy-the-absurdity-of-believing-that-dividends-dont-matter-in-retirement

  • On 5 Aug 2014 in Shameless bragging, AverageBear said:

    HydroCabron says

    Unless you have 70 hours a week to do research, you should just buy unmanaged index funds and bond funds.

    Patrick, don't pollute your excellent skeptic reputation with this horseshit.

    --------------------------------------------------------------------
    Talk about horsheshit.... What a condescending remark. "Well, let's assume 100% of investors are incapable of learning, let alone learn as an investor"... Yes, let's throw in the towel, and accept the lame excuse (and earnings) of 'worsification'... Yes, there's nothing more gratifying than holding a bag of mediocre/lame companies (shit) that the majority don't pay dividends.

  • On 3 Aug 2014 in Warren Buffett's Super-Simple Retirement Advice, AverageBear said:

    HydroCabron says

    Unfortunately, 100% of investors believe they can beat the market on 2 hours of research per week; most believe they can pull it off by buying 4-5 stocks and trading frequently.

    -----------------------------------------------------------
    This investor consistently beats the market (not that I really care if I do), on 2 hours of research a week..... However, i don't trade frequently. It's called Dividend Growth investing. And oh btw, it works.

    One of my holdings, Coca Cola (KO), is one of my 'foundation stocks'... It happens to be a $$ machine, which Buffet owns (around 9% of the entire company, IIRC)... "Do what the rich people do", I always say....

  • On 4 Jul 2014 in Shameless bragging, AverageBear said:

    HydroCabron says

    Picking individual stocks is a fool's errand.

    Do it for fun only.

    Every casino has customers who know how to beat roulette, the slots, and black jack (I am excluding counters, hole carding, shuffle trackers, and ace sequencers here). The casino rightly regards these people as their best customers.

    Unless you have 70 hours a week to do research, you should just buy unmanaged index funds and bond funds.

    Patrick, don't pollute your excellent skeptic reputation with this horseshit.

    I totally disagree. If you stick to dividend growth stocks, and buy on the dips (or close to or under a P/E of 20, you will do well. If you crap your pants and sell during a market correction, then you can only blame your cowardice. 70 hours a week? PFFT. I'll only sell if they cut (or freeze for a long time) dividends. Dividends are waaaay more stable than stock prices... I put 67 to 75% of my equity portfolio in blue-chips and the rest in riskier stocks for capital appreciation

  • On 4 Jul 2014 in McDonalds worst burgers may be hurting the stock, AverageBear said:

    ....yet MCD will still churn out dividends in good times and bad, making 60% of its revenues overseas where the growth is. Like PHILLIP Morris and Coke, these are core holdings that I don't consume. I'll laugh at all the "shit burger" jokes (all the way to the bank...)

  • On 24 May 2014 in what are the best stock to buy today ?, AverageBear said:

    This thread is like asking someone; who makes the best car/truck? You first have to ask a few questions to figure out the (possible) answer. Are you in your 20s, 40s, in retirement? Risk tolerances? Trader or buy/holder?

    If you are a long-term buy/holder of dividend paying blue chip stocks, I would say Coca Cola (KO), Johnson and Johnson (JNJ), and Philip Morris (PM)...

    The 3% dividend yield for KO will double to 6% in 7 years, will pay increasing, stable dividends that will outpace inflation. It's done it for decades, and I have a good feeling it will continue to do so for many more..

  • On 24 May 2014 in Looks like the tea party is done, AverageBear said:

    socal2 says

    Yes, retreat into sarcasm - but people really don't like losing their doctors, networks AND paying higher premiums at the same time. Go figure!

    -------------------------------
    In addition to losing their doctors, healthplans, and reasonable premiums, most people don't like being lied to.... We'll find out how much come November.....

  • On 21 May 2014 in A lot of right wing gun owners need to go to prison, AverageBear said:

    Hey Bob (aka Cap'n Project-O)... Tell me again, why you think it's OK for Harry Reid and his son to sell American land, or give American land, or allow use of Federal American land to a Chinese firm? Wasn't this land earmarked as 'protected land', to be preserved, or at least put aside for future use for..... Americans?

    Why is Harry Reid and son Rory dealing with the Chinese? Why can't Harry deal with an American company? Oh, and then there's the little problem of ethics, where Harry the senator can't be lobbying? What's a babbling schmuck to do? Why, he gets his son to do his dirty work for you (wink-wink, nudge-nudge)... So Bob; call me all the names you want, and project away. I just find it curious that when some local ranchers stood up to Reid, he shrunk back and desisted, knowing he was gonna blow his cover on this shady, unethical 'deal'...
    ------------------------------------------------

    Can you find fault with Reuters? Because this info isn't from Rush (who I don't listen to), nor Fox (which I don't watch). You don't even know me, so quit projecting like a little beyotch.

    http://www.reuters.com/article/2012/08/31/us-usa-china-reid-solar-idUSBRE87U06D20120831

    ------------------------------------------------------
    (Reuters) - U.S. Senator Harry Reid recognized nine years ago that connections between his official duties and the lobbying activities of his relatives could lead to ethical questions.

    In 2003, the Nevada Democrat publicly banned relatives from lobbying him or his staff after newspaper reports showed that Nevada industries and institutions routinely turned to Reid's sons or son-in-law for representation.

    Now, questions surrounding family ties are flaring again in Nevada around the Senate majority leader. He and his oldest son, Rory, are both involved in an effort by a Chinese energy giant, ENN Energy Group, to build a $5 billion solar farm and panel manufacturing plant in the southern Nevada desert.

    Reid has been one of the project's most prominent advocates, helping recruit the company during a 2011 trip to China and applying his political muscle on behalf of the project in Nevada. His son, a lawyer with a prominent Las Vegas firm that is representing ENN, helped it locate a 9,000-acre (3,600-hectare) desert site that it is buying well below appraised value from Clark County, where Rory Reid formerly chaired the county commission.

    Craig Holman, a lobbyist for the non-partisan advocacy group Public Citizen, said the senator is dealing with "an iffy ethical landscape" because of the family connections and should recuse himself from the project. "Is this just happening because ... it benefits the Reid family, or did Harry Reid actually believe in this?" Holman said.

    The senator has supported numerous clean energy projects in Nevada. Rory Reid cites energy as one of his specialty areas at the law firm.

    The two Reids deny discussing the ENN project.

    "I have never discussed the project with my father or his staff," said Rory Reid. Kristen Orthman, a spokeswoman for the senator, said he had not discussed the project with his son.

  • On 13 May 2014 in A lot of right wing gun owners need to go to prison, AverageBear said:

    Iosef V HydroCabron says

    When does embarrassment kick in?

    I dunno, but you may find the feeling of embarrrassment more familiar, by backing Obama and his failed Obamacare promises. You know, the known lies he made. The lies Obama made, while Obama himself knew they were lies when they came out of his mouth?

    Yes, please have another helping of Kool-Aid while Obama tells you that you will keep your doctor, your health care costs will go down, at the same time we sign up 30 million dead-beats who can't pay into the system... PFFFFT. Don't call me out, trying to act credible. It's a bad look. Trust me.

  • On 13 May 2014 in A lot of right wing gun owners need to go to prison, AverageBear said:

    Iosef V HydroCabron says

    The solar farm deal (a) fell through in 2013, and (b) was slated for construction 50 miles away from the land in question.

    ----------------------------------------
    Hydro, you seem to like projecting. Please read my words. Harry Reid was zealous in kicking off ranchers off of Federal land, not just Bundy. This is fact. Yes, this was 50 miles from Bundy's ranch. What's your point? My point is that Harry Reid is kicking ranchers off of Federal land, and trying to sell it to the Chinese. This is fact. It's happening all over the West, including Texas.

    So, when the federal gov't (ie Harry Reid in NV) tells ranchers like Bundy that they can no longer use federal land for the protection of a tortoise, and then turn around and try to sell that land to the Chinese, doesn't that strike you as odd, or hypocritical? Were they lying to the ranchers so they could get the sweetheart deal to sell the land to the Chinese? What makes you think the Chinese will use the land while protecting the tortoise?

    Why did the gov't shift its argument from "we must protect the tortoise", to "Bundy hasn't paid his grazing fees"? Maybe the gov't lied about the protection of the tortoise? Hmm?

    And finally, I find if really funny how the Feds stood down to Bundy and the armed ranchers, once the news broke out that Harry Reid was involved w/ this deal with the Chinese. IIRC, within 24-36 hours. Hmmm? Why is that?

    Funny you mention Obamacare and facts in the same comment. Did you really believe Obama's promises on Obamacare were going to happen. He fuckin' lied about EVERYTHING related to Obamacare. Were you that naive? I'll start digging up more fun facts on Bundy, Harry Reid's psychotic behavior and his little Mini-Me of a son...

  • On 13 May 2014 in A lot of right wing gun owners need to go to prison, AverageBear said:

    I wish Obama was as zealous in protecting our southern boarder, as Harry Reid's zealousness for running ranchers off of federal land (for the sweet-heart deal to sell the land to the Chinese for a solar farm; the deal being brokered by Harry Reid's son)...

    So IWOG, don't let those facts get in the way of demonizing Bundy. Because Americans know that making Bundy look like a racist is WAAAAAY more important than Reid selling our own country to the Chinese, so they can make $$ off of our own fuckin' land...

  • On 5 May 2014 in Financial Strategist Warns: Eventually Someones Going to Get Stuck Holding Thi, AverageBear said:

    Sounds like a game of 'Hot Potato', that I really don't worry about. My stocks have withstood World Wars, Financial Crisis, terrorist acts, inflation, recessions, etc. As a buy and hold (and watch!) investor in dividend-paying blue chip companies, I will be buying when the shit hits the fan...

    No talking head will promote the idea of the Dividend Growth Investor. Why? Because nobody is gonna make any money off of you. They want you to worry about the tripe mentioned in this thread. They want churn; they want you to buy/sell and to worry at all times. They want fees, and they want your money. I say no thanks. I'll only sell if there's a dividend cut.....

  • On 26 Apr 2014 in Stock picks March 13, 2014, AverageBear said:

    SFace, if you are looking at a energy services company, did you consider buying KMI on the dips? Growing dividend, 'toll-gate' revenues. IIRC, they bought some large tankers for either LNG, or oil transport.... This would be a buy-hold type of company, and don't know if this would be your type of investment.

  • On 18 Apr 2014 in Is it time for the bears?, AverageBear said:

    Lol.... Yes I am.... However, I won't be wasting my time on the political forum. (Much)... I'd rather spend that time researching stocks to make $$, rather than argue with people that will never change their opinion anyway. .... And as an Avg Bear, you ALWAYS find an undervalued, dividend growth company to invest for the long haul, in any market. In a bear market , That's when successful investors (read, NOT traders) make the most $$....

  • On 17 Apr 2014 in Is it time for the bears?, AverageBear said:

    There is ALWAYS time for this bear.

  • On 17 Apr 2014 in need advice from you awesome PatNetters, AverageBear said:

    ACF, I'm here to tell you that you want to put your money in 5-10 blue-chip dividend paying stocks. If you want to spend a llittle time doing some research, you will find that dividend growth investing is very rewarding. A 60 month CD earning 2.25% ..... How about putting some of that $$ into Coca Cola (KO). It currently earns 3.2%, and KO increases its dividend payout every February around 10%. They have been doing this for over 30 years. Coke ain't going anywhere... It will take 7 years to double your dividend... 3.2% becomes 6.4% for Yield on Cost ... There's a reason why Warren Buffett holds tons of this stock (around 9% of KO, IIRC). Other bluechips to consider with annual dividend growth between 7-10%... PEP, JNJ, XOM, CVX, PM, MCD.

    http://dailydividendalert.com/david-fishs-dividend-champions-contenders-and-challengers/

    For more info/inspiration on Dividend Growth Investing, check out the following links... Good Luck!

    http://theconservativeincomeinvestor.com/

    http://theconservativeincomeinvestor.com/2013/07/11/colgate-palmolive-stock-an-essential-core-holding-in-your-portfolio/

    http://www.dividendgrowthinvestor.com/

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