tag:blogger.com,1999:blog-7294165939647321702.post9066498181157582790..comments2024-03-28T13:45:43.362-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Are Those Really Sales?Saj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7294165939647321702.post-63881117529691146532010-07-13T15:48:18.725-04:002010-07-13T15:48:18.725-04:00Hi Rayhaan,
Thanks for the kind words!
When the ...Hi Rayhaan,<br /><br />Thanks for the kind words!<br /><br />When the market is bearish on a company (like it is on RIM), it is exactly the time I want to start accumulating a position. The future earnings of a company are extremely difficult to predict, so when the market prices in a severe drop in earnings (by pricing a company at a P/E of 10 that has an ROE of 30% and no debt), this presents opportunities. Not all such situations will pan out though, so as such I could be wrong on RIM. If one can accumulate a portfolio of such "opportunities" though, in my opinion one can do very well over the long term.<br /><br />To speak to your specific points, yes cellular capacity might start to become a problem, but this appears much worse for the data-hungry competition than it does for RIM on a relative basis. In general though, this is an industry in growth mode, so most players will likely see sales growth in the coming years.<br /><br />I haven't even considered doing videos...what do u see as a benefit over and above the current text version of this blog? Surely, I am not nearly as entertaining as Cramer, so I'm not sure where I can add value.Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-28671978874604055722010-06-30T08:10:37.999-04:002010-06-30T08:10:37.999-04:00yo mr. Saj, just wanted to thank you for endowing...yo mr. Saj, just wanted to thank you for endowing me (thru ur blog as well as replying to my undeniably amateurish and irritating questions) which i think has greatly helped steer me towards rational and rewarding investing. Ur blog has been a great influence on me especially i guess , coz it makes investing look fun!. Anyways coming 2 d point, d effect ur blog has had on me became even more apparent , today wen i was reading an investopedia article about jim cramer ,about whom one has to look no further than wikipedia to conclude dat his opinions shud at the very least b taken wid a grain of salt! It seems dat he's effectively bearish on u He said he was down on rim coz even though it had beaten analysts expectations it did'nt have enough momentum . Also he said dat little cellular capacity wud also b a hindrance towards future growth.he was also bearish on best buy(dunno y?).Even though it s pretty clear he's being 2 pessimist especially wen he blames d reforms in washington 4 lower corporate profits despite d market at a historically low p/e of 12! (here's a decidely unfair fantasy, how bout a karsan vs cramer column or sumthing? Think bout it) wots ur take on cramer's 'concerns'? also do u think d lack of any 'real' earnings can b detected by luking at d cash earnings? Another quick q. I know running kvf is a full time job but do u think doing a videos on youtube b a gud idea, say like a vlog ? P.s thx 4 being such a gr8 teacher 4 everybody who reads ur blog, u've all the qualities save one.rayhaannoreply@blogger.com