Comments on: Frame of Reference http://ContrarianEdge.com/2008/12/31/frame-of-reference/ Vitaliy Katsenelson blog on the economy, stock market, and stocks. Applying Active Value Investing approach. Tue, 07 Feb 2012 06:09:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: chelman http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-183227 chelman Sun, 04 Jan 2009 19:10:36 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-183227 Its interesting to read your comments regarding Russia. They are comically inaccurate. There is nothing you could have written as remotely vitriolic of the current goverment as that which can be found on their free press, free internet and free radio. National TV news does have a heavy state lean - the equivalent of Fox. In fact, all the vitriolic articles written by the Neo-con/pro Israel lobby in the USA are translated at www. inosmi.ru for all Russians to read. We can not say the same. Russia's economic problems stem from a drop in demand which can be easily countered with Keynesian stimulus possible in a surplus country. This approach will fail in the USA as we are a deficit country. If you hadn't noticed the entire US economy is now a farce. Panarin's predictions would have already come true if the Fed had not abused the dollar's status as world reserve currency and created money forbankrupt banks and corporations. The Emperor is exposed , and its fat and ugly. It is also sad that so many emigrees from Russia of Jewish extraction continually bash Russia with a stream of lies. You have not lived their for 17 years. What do you know of Russia? That which you read in our corporate controlled mass media who push an agenda? BTW. Russian has just scratched the surface of its economic/strategic potential and will certainly be the richest and most poweful country in the world by 2020-2025. Thats something you can take to the bank - if their still working Its interesting to read your comments regarding Russia. They are comically inaccurate. There is nothing you could have written as remotely vitriolic of the current goverment as that which can be found on their free press, free internet and free radio. National TV news does have a heavy state lean – the equivalent of Fox. In fact, all the vitriolic articles written by the Neo-con/pro Israel lobby in the USA are translated at www. inosmi.ru for all Russians to read. We can not say the same. Russia’s economic problems stem from a drop in demand which can be easily countered with Keynesian stimulus possible in a surplus country. This approach will fail in the USA as we are a deficit country. If you hadn’t noticed the entire US economy is now a farce. Panarin’s predictions would have already come true if the Fed had not abused the dollar’s status as world reserve currency and created money forbankrupt banks and corporations. The Emperor is exposed , and its fat and ugly. It is also sad that so many emigrees from Russia of Jewish extraction continually bash Russia with a stream of lies. You have not lived their for 17 years. What do you know of Russia? That which you read in our corporate controlled mass media who push an agenda? BTW. Russian has just scratched the surface of its economic/strategic potential and will certainly be the richest and most poweful country in the world by 2020-2025. Thats something you can take to the bank – if their still working

]]> By: JP http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-182938 JP Sat, 03 Jan 2009 16:32:20 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-182938 Maybe only 20 people read your blog but I, for one, heartily recommend others do so. I was a holder of AIG stock when I came across your column on it in early 2008. I found the logic compelling: if former AIG chairman Greenberg can't figure out what the company is worth, how can anyone else hope to? So, I sold at a small loss in the mid-50s, even though the paid advisory services I subscribe to still recommended it. Most of us know what happened later in the year (Congress put a TARP over the AIG corpse.) I don't want to sound like a shill (or a relative) but I'd also recommend the "Active Value Investing" book. Maybe only 20 people read your blog but I, for one, heartily recommend others do so. I was a holder of AIG stock when I came across your column on it in early 2008. I found the logic compelling: if former AIG chairman Greenberg can’t figure out what the company is worth, how can anyone else hope to? So, I sold at a small loss in the mid-50s, even though the paid advisory services I subscribe to still recommended it. Most of us know what happened later in the year (Congress put a TARP over the AIG corpse.)

I don’t want to sound like a shill (or a relative) but I’d also recommend the “Active Value Investing” book.

]]> By: Gene Zaccor http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-182427 Gene Zaccor Fri, 02 Jan 2009 01:52:14 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-182427 What are your thoughts on the predictions of Russian academic Igor Panarin? I know his views are extreme but he is getting a lot od attention (apparantly). Happy New Year! Cheers, Gene What are your thoughts on the predictions of Russian academic Igor Panarin? I know his views are extreme but he is getting a lot od attention (apparantly).
Happy New Year!

Cheers,

Gene

]]> By: dsrtwriter http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-182339 dsrtwriter Thu, 01 Jan 2009 20:18:55 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-182339 I appreciate your insight into Russia. Living on the West Coast, I have noted how Russian immigrants rapidly embrace the value of living in this country, in terms of freedom and opportunity. I only wish that some other immigrant groups would spend less time advocating for nonassimilation and even parity for their homeland cultural traditions and customs, and spend more time considering why they left their homeland for America. I appreciate your insight into Russia. Living on the West Coast, I have noted how Russian immigrants rapidly embrace the value of living in this country, in terms of freedom and opportunity.

I only wish that some other immigrant groups would spend less time advocating for nonassimilation and even parity for their homeland cultural traditions and customs, and spend more time considering why they left their homeland for America.

]]> By: Sam Marx http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-182243 Sam Marx Thu, 01 Jan 2009 15:03:53 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-182243 Have you ever done any studies on Master Limited Partnerships, such as REITS, Canadian Royalty Trusts, etc? Sam Marx Have you ever done any studies on Master Limited Partnerships, such as REITS, Canadian Royalty Trusts, etc?

Sam Marx

]]> By: TJ http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-182227 TJ Thu, 01 Jan 2009 14:30:11 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-182227 You are read by more than 20! :) Humility is a nice trait to have. In your case, however, if Mssr. Putin was one of the 20 then perhaps there would have been a problem. I have been impressed (not in a positivel light, but impressed nevertheless) with the extent to which the radiation-treatment was "allegedly brought from Russia to England. You are read by more than 20! :) Humility is a nice trait to have.
In your case, however, if Mssr. Putin was one of the 20 then perhaps there would have been a problem.

I have been impressed (not in a positivel light, but impressed nevertheless) with the extent to which the radiation-treatment was “allegedly brought from Russia to England.

]]> By: Michael http://ContrarianEdge.com/2008/12/31/frame-of-reference/comment-page-1/#comment-182224 Michael Thu, 01 Jan 2009 13:59:41 +0000 http://ContrarianEdge.com/2008/12/31/frame-of-reference/#comment-182224 I wholeheartedly agree with your thoughts. A comparison within modern day US is almost impossible. I watch two major news services on a daily basis, and read online, yet I find no mention of the inflation rate as a percentage. Only discussions of deflation/inflation/recession/depression and what somebody thinks it is, how about a "mini-depression". The WSJ and most are optimistic for 2009, that we've hit bottom, (Gee that's a safe bet) and I think this: the interest rate is almost 0. We do have inflation, because Groceries cost more. We guaranteed 7 to 8 Trillion dollars worth of ??? to ???. Yes, WE Did. That means more money in the system, and things will cost more, and then more inflation. And 3 million jobs ? Illegal immigrants becoming legal, NAFTA, and rebuilding roads, will soak up those jobs. Not put the out of work back to work. Unless of course, Someone changes the Math, or just says "The unemployment rate is down". "Inflation is down". Back to the start, my groceries will keep getting more expensive. Inflation. I wholeheartedly agree with your thoughts. A comparison within modern day US is almost impossible. I watch two major news services on a daily basis, and read online, yet I find no mention of the inflation rate as a percentage. Only discussions of deflation/inflation/recession/depression and what somebody thinks it is, how about a “mini-depression”. The WSJ and most are optimistic for 2009, that we’ve hit bottom, (Gee that’s a safe bet) and I think this: the interest rate is almost 0. We do have inflation, because Groceries cost more. We guaranteed 7 to 8 Trillion dollars worth of ??? to ???. Yes, WE Did. That means more money in the system, and things will cost more, and then more inflation. And 3 million jobs ? Illegal immigrants becoming legal, NAFTA, and rebuilding roads, will soak up those jobs. Not put the out of work back to work. Unless of course, Someone changes the Math, or just says “The unemployment rate is down”. “Inflation is down”. Back to the start, my groceries will keep getting more expensive. Inflation.

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