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CPCFTW

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Everything posted by CPCFTW

  1. That would definitely be the right thing to do and also extremely smart politically (assuming he doesn't lose the support of his party). If he pulls it off and there is enough media attention to it, this one move alone could secure Harper another majority (or at least make the imminent cuts more forgettable).
  2. I think the most overlooked point is this: Yes he is a jackass. "My" money? Give me a break you're 15 years old, what money?
  3. "Here's your barbie little Suzie... oh Barbie is a supermodel now Suzie? That's very nice! But how about we pretend Barbie is a corporate lawyer instead?!? Lets see if Barbie can make it to partner!! Wheeeee!!!!"
  4. Nope I'm saying that Eyeball doesn't have a claim to the planet that is stronger than a Canadian's claim to their country as he claims he does. In Hippyland (aka the fantasy world of hippies), everyone who is born gets equal rights to our planet. In reality, rights to our planet are given to our governments in exchange for safety, the governments sell these rights to the highest bidder. A world in which everyone has the same claim on the planet would be a world in which this social contract with our governments did not exist. In other words, a world in which people could kill each other to take their share of the planet without government intervention. Pretty simple stuff really. I would think arts grads/students would have learned this by now.
  5. Did you say what I paraphrased in my first sentence? Nope. It is not directed to you, but to the OP clearly.
  6. Oh noes you mean my girls might act feminine instead of masculine if I give them dolls to play with?!?! Thanks for the heads up Cybercoma!! I will be sure to give my children nothing that could give them any ideas of gender roles. "I brought you another set of blocks to play with little Suzie!!"
  7. You have a stronger claim on Earth than Canadians do on Canada? Nope sorry. Maybe in hippyland, where being born entitles one to 1/7 billionth of all the natural resources in the world, but not in reality. You see, in reality we have entered into a social contract whereby I can't find you and stick a knife in your neck while you are sleeping to take your 1/7 billionth of Earth. In exchange for that safety, you have given up any claims on Earth you may believe being born has entitled you to. Now run along to your next protest.
  8. Wtf does that have to do what I said? Oh right. I forgot the US and Canada are the only developed countries in hippy economics 101 class. And of course corporate taxes should be looked at in a vaccuum without consideration of any other costs/benefits!
  9. I never claimed any such thing, wtf would I say that for when even the edit would be untrue? Once again, stop making sh*t up, or work on that reading comprehension. I previously stated that all of the 10 ETFs you had provided in your link were industrial sector ETFs, then edited it to say most when I noticed that there are some large cap ETFs in your list. FYI your list of 10 ETFs is not a list of "all US Market ETFs". Probably about the same age as the hippies but with a better degree, career, and work ethic. I know a few hippies personally myself.
  10. Nope I don't hold those. Like I've said multiple times I hold a US market ETF, while those are mostly industrial sector ETFs. I even went so far as to tell you earlier which ETF I hold (SPY), and in what percentage of my portfolio (30%). CAT represents 0.53% of my US market exposure (30%). So CAT accounts for about 0.16% of my portfolio. https://www.spdrs.com/product/fund.seam?ticker=spy You see, when 30% of your portfolio is invested in the 500 biggest US companies, then you can be pretty certain that the mismanagement of one company won't significantly impact your portfolio. It's a little something called diversification. Like I have said from the beginning, I am against any company foregoing investor returns to acquiesce to unions. The only significant impact to my portfolio would be if it became standard practice for management to acquiesce to unions and hippies instead of focusing on shareholder returns (I believe this is a direct quote of myself from earlier in this thread). My position has been pretty straightforward all along. You obviously still have more reading to do! Don't worry, it's a pretty simple concept. I'm sure you'll figure it out!
  11. The market can be beat if you are actively day trading. I have worked for a brokerage and have seen people that have hundreds of thousands in their TFSA from day trading (tax-free income! ) Price discovery is usually pretty quick, but it certainly is not instantaneous.
  12. Like I said, clearly you don't understand even the basics of stock markets, or it would have been obvious to you that I had not expressed any fury. I mentioned in the same quote that you keep repeating that I am indirectly an investor through US stock market ETFs. I can understand how you would jump to your conclusion if you didn't understand what these basic instruments were. Sorry, I thought they were common knowledge by now. Here's some reading material for you: http://en.wikipedia.org/wiki/Exchange-traded_fund Once you finish with your reading assignment, you should hopefully be able to understand that I was saying that if I were a DIRECT investor in CAT common shares, I would be furious. You're welcome.
  13. So you're argument is that since I said I "would" be furious as a CAT investor, that must mean that I am furious as a US market etf holder and that since you have assumed I am furious (despite me clearly using "would"), my portfolio would therefore necessarily take a significant hit? Wow those are some wild assumptions, but I guess I could understand them from someone who is clearly uneducated in finance and capital markets. I stated that I am an indirect investor in CAT being a holder of market ETFs. In particular, I own shares of SPY. This is a market ETF which holds a portfolio of S&P500 stocks with the same weighting as the S&P500 index. I'm on my phone right now so I couldn't tell you what % CAT comprises, but I'm sure it is not significant (also considering I only have about 30% exposure to US markets in my portfolio). So, to anyone with any basic understanding of finance, portfolio mgmnt, or stock markets, it would be obvious that I was stating that I WOULD be furious if I was a DIRECT investor in CAT. Clearly you do not have that basic understanding, or the above would have been obvious to you. Perhaps you should try educating yourself on the subject matter rather than basing your opinions on huffingtonpost editorials?
  14. Yes weren't. I don't see it in those quotes
  15. That was never my premise. Learn to read. I stated in the very post that you quoted that I will almost always side with management over greedy unions. Quit making sh*t up. Being verbose while saying something doesn't make it true. Show me where I said my portfolio would take a significant hit if the london workers wages were slashed in half. For someone who types so much, you sure don't have the greatest reading comprehension!
  16. You stole my thunder! I saw that as well but was saving it for another waldo tirade.
  17. You want me to read some 50 page study and do additional research on the side to critique some "study" written by arts majors and "New School" economics graduates? I think I'll pass. And you've never "spanked" me and never will. Sorry to disappoint you, maybe try Church and Wellesley?
  18. Wtf are you talking about, you clearly said Electro-motive. Electro-Motive is a wholly owned subsidiary of CAT, they do not have the same profit numbers as CAT. Do I really have to explain that to you? As for my portfolio "hit"... what relevance does that have? I own market based ETFs, and the hit to my portfolio would be significant if the management of companies constantly acquiesced to whining unions and their hippy backers. I generally have the same beliefs during any company/union argument, it is not unique to CAT. Keep spinning waldo.
  19. True. I shouldn't have disrupted the sanctity of a video games thread. My apologies.
  20. Don't you mean: "Poor guy has to bury his pain in WOW because the evil corporations don't pay him enough to be part of the strong middle class!!"? Last game I played was MW3 but don't have much time for it. And I envy you DogOnPorch.. Although I'm too young to be married to someone half my age... but you're living my dream for 15 years from now! (except I'd also like to be an early retired 1%er so I could stay home with the young wifey).
  21. If you got a job offer in the US that doubled your salary, wouldn't you agree that Harper should have the right to seize your home to pay off any tax breaks you received while in Canada?
  22. Probably wasted at least $50 of gas. Someone stop this tyrant!!!
  23. If they just increase the growth forecast while impeding growth than everything's just peachy!!!
  24. Yup. I checked CAT's 2010 10K last night and saw this: According to Waldo, EMD was valued for less than 0.3 P/E (assuming 1B earnings/Quarter). Also this: CAT's 2010 Revenue was 42 Billion, 1% of that is 420 million. Assuming the percentages above are based on 4Q 2010 only (since EMD was acquired in Aug 2010), a 1B profit would indicate that Waldo believes that EMD has over 200% profit margin, or has grown sales by over 100% since being acquired (even with 100% sales growth in one year, the profit margin would be over 100%!). I didn't bother responding to that nonsense.
  25. Most of the lost jobs were in Quebec... I guess they still can't get over their obsession with pretending to be European. Ole ole ole ole!!! http://www.ctv.ca/CTVNews/TopStories/20120106/december-jobless-unemployment-statistics-120106/#ixzz1ii6pWYOI
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