Using Veritas to Construct the "Per…

29-04-2017 Hits:82051 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:77702 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:77271 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:82017 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:78606 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:80905 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:47784 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:79608 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:79138 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:79683 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:84641 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:81608 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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Most companies will continue to under perform for several quarters relative to 2006 performance. If you have been following the blog since it started in September, you will probably see where I am coming from.

 

Blog post date Companies Negatively Blogged Price as of Blog Date or following trading day 2/8/2008 % change
1-Sep-07 len $28.37 $19.18 (32.39%)

hov $12.60 $9.00 (28.57%)

phm $16.91 $14.73 (12.89%)

ctx $29.08 $23.95 (17.64%)

dhom $2.08 $0.59 (71.63%)
1-Sep-07 bzh $11.19 $7.91 (29.31%)

rdn $18.11 $8.79 (51.46%)

mtg $30.34 $15.88 (47.66%)
1-Sep-07 dhi $15.23 $15.04 (1.25%)

tol $21.84 $21.18 (3.02%)

bsc $113.84 $83.03 (27.06%)

cfc $19.59 $6.84 (65.08%)
3-Sep-07 mbi $61.58 $14.20 (76.94%)

abk $64.15 $10.96 (82.92%)
8-Sep-07 wm $34.06 $18.58 (45.45%)
16-Oct-07 ryl $23.96 $28.79 20.16%
8-Jan-08 ggp $45.75 $37.94 (17.07%)
19-Dec-07 ms $49.79 $44.88 (9.86%)

 

I post this to illustrate the damage that can be done by following talking heads in the popular media and even most sell side analyst reports. Most of the companies and sectors above have been rated buys by analysts (ex. Stephen Kim at Citibank) and strategists I hear on CNBC, arguably the most popular financial station in the world. Now, if you were short these stocks, you can multiply the % change by about -1.9 to see what the result would be after expenses. If you were long these stocks in cash, that bright red row on the right of the table would have been your fate, if you were long on margin... Beware and be wary of whatyou read and hear in the media and sell side analyst reports. Blogs can be dangerous as well, but there are a few of us that blog just to blog and have outstanding content - not necessarily fit for investment advice (as I continuosly warn in my blog about my content), but phenomenal in the form of educational fodder. My Blog Roll has some of my favorites.

I challenge any and all sell side analysts and media pundit who dismiss blog content to post a running tally publicly. I, unfortunately, cannot post any investment results for fear of giving the impression of offering advice or holding myself out to the public, but those that can are welcome to do so, and the blogoshpere can judge empirically. I don't want to mention any names, but I think it is a shame that certain individuals and institutions that are so well respected and followed give such horribly performing advice, day in and day out.

Here is a pundit performance tool that can allow you to follow and compare performance to the short side as well as the long side (I figure the long side is simple enough that you don't need a spreadsheet). I took my blogs performance out of it so there is no representation of performance, but you can fill it in with that of the pundits you may have a doubt about. Again, I don't want to name any names. No registration is required, but if you are not a member of the blog, please join.

zip blog_and_pundit_tool 2.05 Mb