Amvona

Wednesday, 24 August 2011 |

The Life Giving Spirit

Rate this item
(0 votes)
Cross
 
Notes - Aug. 24-2011

11th Wed. after Pentecost (2 Cor. 3:4-11, Matt. 23:29-39)

The Life Giving Spirit

 

Sunday, 21 August 2011 |

The Disciples Lack Faith

Rate this item
(0 votes)
Cross
 
Notes - Aug. 21-2011

10th Sunday of Matt. (Matt. 17:14-23)

The Disciples Lack Faith

(Parallels Mk. 9:14-29; Lk 9:37-42)

Rate this item
(0 votes)

Cross

Notes  -  Aug. 14-2011

9th Sunday of Matt.  (Matt. 14:22-34)

Miracle of walking Water, confession of faith

(parallels Mk. 6:45-52; Jn. 6:15-21)

Rate this item
(0 votes)

stock_marketOn August 11th, 2010 we acquired shares of Western Digital Corp. for others accounts at $24.15 a share in the midst of tremendous pessimism about the storage industry.  On September 17th, 2010 we outlined a few simple views that brought about this decision and published our article “640K ought to be enough for anybody…” WDC vs. STX (we used prices as of Sept. 10th, 2010 for the purposes of the article, although the shares were actually purchased on August 11th, as noted in the article itself in reference to “early August”).  On October 1st, 2010 Seekingalpha also published the article here.

Rate this item
(2 votes)

ethics_signIs it ethical for the American homeowner whose mortgage has been securitized to default, even If they are not financially distressed?  

 

First, consider it is unlikely that marketable, fee simple, insurable title can be obtained as a result of fulfilling the obligations of the related promissory note.  On the contrary the titles to some 60 million homes in America are badly clouded.  Secondly, encouraging investment in an asset class that has been artificially inflated, then deliberately destroying the price of the asset, as part of a separate profit making scheme is unethical, and any agreement based on this type of fraud is grounds to consider the original debt instrument used in the agreement null and void.  Fortunately these grounds are unnecessary, as increasingly US courts are ruling that these mortgages are already invalid for numerous other reasons.

Rate this item
(0 votes)
lions_and_tigers_and_cisco_bears This article is a follow up on our February 12th, 2011 article: “How we lost investor’s money on Cisco”, a title which probably seems even more prescient about now. The article put forth the very unpopular idea that Cisco shares represent both a good value and safe investment, and that an emotional reaction likely played a key role in the recent volatile movements in the share price.
 
Our opinion hasn't changed. It is not our goal to purchase "at the bottom" nor sell "at the top", for we are not aware of any reliable way to go about doing this (although we are open to suggestions - preferably those that do not involve astrology). Instead, our interests lie in owning good companies, with long-term earning power, that can be purchased at a deep discount.
Rate this item
(0 votes)
cougar_ISS This article is a follow up on “If you must speculate: Force Protection Inc.”  published on April 15th, 2011 and is intended as a closer examination of the YTD 2011 FRPT order book, along with some additional speculation on the future growth prospects in 2011 and 2012.
 
In the above article we pointed out that the total worth of the company to a prospective acquirer was about 150 mln. as of April 15th (share price $4.54).  The stock has risen to $4.80 per share as of close of market on May 4th, 2011, a gain of some 5.7% in just under 3 weeks.
Rate this item
(0 votes)
 
speculation Investment and Speculation are two very distinct activities.  Speculators believe they can see into the future, and more particularly, believe they have some sense of future security prices.  Investors accept that they do not have any special foresight, and instead focus on an entirely different set of criteria. 

It is best not to speculate, since the foundation upon which speculative decisions are likely to be based are invariably little more than “best guesses”.  If the urge to speculate cannot be resisted, consider giving 95% of your funds to a value-oriented investment manager who is well vetted and who you trust.  Keep the other 5% and go to Vegas (at least you’ll have fond memories to make up for the loses).
Rate this item
(0 votes)
blog_updatesWe would like to take a moment to share the changes and updates that have been made to the Amvona site over the last few weeks. 

First, we made the “Latest News” category the new home page, and thus eliminated much of the clutter of the previous UI.  We hope this simplifies the content on the home page, and makes finding new articles faster and easier.  Articles from all of the sub-categories now appear in the main list on the home page, (scroll down just under the “Latest Blogs” section).  Content is updated about every four hours.
Rate this item
(0 votes)
Father-Metaxas-edited-for-w_2
 
Perhaps no other photograph represent the beauty, peace and dignity of the Holy Priesthood so well as that which hangs in the hallway of Taxiarche church in Watertown Massachusetts.  If ever there were a picture that said “a thousand words” this would be it.  There is peacefulness and strength in the eyes of this handsome man.   In his humility, Father Emmanuel silently asks the photographer, and the viewer, without their permission, to redirect their attention away from him, to that which is framed perfectly in his hands.   This was the brilliance of Fr. Emmanuel.  The purpose of his being was to direct others in a gentle, loving way, to the truth that answers all questions, a truth that is in plain sight, yet often overlooked.
Rate this item
(0 votes)

image_1Losing other people’s money isn’t as much fun as it sounds.  We either bought, or gave directions to buy shares of CSCO on December 3rd, 2010 at $19.09 to folks who trust us enough to let us make some investing decisions for them; they’ve now lost 1.89% on their investment in just about two months.  We have no intentions of selling; on Monday we'll be buying for their accounts.

 

Up until last Wednesday, February 9th, 2011 these folks were making about 15% on the same investment, since it had only been about two months, as we just pointed out, we were feeling pretty smart, and getting ready to do some bragging about our track record, when Thursday rolled around. Let’s just say it was “a day that will live in infamy” (hopefully nobody has used that line already).

 

Since we do a great deal of explaining how we make money for others, we thought this would be a good chance, actually the first, to explain how we also lose it.

Rate this item
(0 votes)

red_herring_1The recent decision by the Massachusetts Supreme Judicial court helped focus a few important questions on the foreclosure crisis in America, but it is also being used as a Red Herring, amongst other things, by the American Securitization Forum and their Bank owners.   The Massachusetts land court decision, which was affirmed by the Supreme Judicial Court were correct, but only addressed a narrow specter of the foreclosure crisis in our country and the underlying violations of long standing property law.   The case does point however to much more fundamental issues.  

Rate this item
(0 votes)

market_lossOur modern marketplace for investment in the formation and growth of public enterprises is imperfect, but it still works.  It is a mechanism to transfer the wealth of the public to the companies we formulate to produce things; they are a reflection of our country and our people as a whole.  The market can go mildly wrong or it can go terribly wrong.  When it is mildly wrong, it present buying opportunities to shrewd investors, when it goes terribly wrong, it can become a machine of economic injustice.

Rate this item
(0 votes)

going_downSKX fell almost 8 percent on Tuesday after an analyst said it may have overestimated demand for its toning shoes. He downgraded the stock to "Sell."  From Bloomberg:


“Sterne Agee analyst Sam Poser said Skechers has more toning shoes inventory than it can sell as sales of the specialty shoes slow. Poser said he has seen the shoes at discounters Ross Stores Inc., TJX stores, which include T.J. Maxx and Marshall's, and Costco, selling for $39 to $52.99. That puts pressure on Skechers partners like Famous Footwear, where the shoes sell for $59.99, Poser said.”

Thursday, 16 December 2010 |

Ελπίδα Πίστης

Rate this item
(0 votes)

Ένα σημαντικό άρθρο της USA εγγραφές σήμερα με απλά λόγια την πραγματικότητα του αμερικανικού λαού, και το πιο σημαντικό στο μέλλον - τα παιδιά μας. Είμαστε στη δυσάρεστη θέση να αναφέρω ότι δεν υπήρχαν στατιστικά στοιχεία από το συγκρότημα «σημαντικό» οικονομολόγοι, ούτε ξόρκι από την Wall Street κερδοσκόπους. Δεν υπήρχε ούτε ένα "αστεία" άμυνας από μια μεγάλη τράπεζα, για τη νομική τεχνικές που εμπλέκονται στην κλοπή στο σπίτι μιας αμερικανικής οικογένειας. Τέλος, λυπούμαστε για την έκθεση στον αναγνώστη ότι δεν υπήρχε καν ένα εντυπωσιακό διατριβή από ένα υπερήφανο θεολόγος. Αντ 'αυτού βρήκαμε μόνο επιστολές γράφτηκαν από τα παιδιά στη μνήμη του Αγίου Νικολάου, αλλά για εμάς θα μπορούσαμε κάλλιστα να έχει την ανάγνωση του Ευαγγελίου.

 

Αυτό οφείλεται στο γεγονός ότι το Ευαγγέλιο είναι ζωντανός με κάθε χτύπο της καρδιάς τους. Είναι μάρτυρες σε μια ζωντανή πίστη, η οποία βρίσκεται πάνω απ 'όλα το θόρυβο στην κοινωνία μας, ο αμετάβλητος Ευαγγέλιο εκτυλίσσεται μπροστά στα μάτια μας, αν θέλουμε να το δούμε

© 2016 Amvona. All rights reserved. visit www.lemelsoncapital.com

Top Desktop version