Right on! While most of the people on CNBC make me want to shut off the TV, no one makes me want to break my screen more than Kudlow...
Kudlow only changed his tone because he's a staunch ideologue. If a Republican does it, it's all good, if a Dem does it, it's all bad. Just like he's the biggest "free market capitalist" in the world until word comes that a German company, God forbid, might by the NYSE, our "bastion of capitalism." He's nothing more than a partisan hack.
Haha I like the comparison, although I really don't see 3-D as having to be ubiquitous across all film formats to be a commercial success. I personally wouldn't want to see Rudy in 3-D, but give me Avatar anyday!
Some multiple expansion would definitely make sense for the company at this point. Not often can you buy such growth with a TTM P/E in the 20s. Their PEG is a very modest 1 right now.
Yep, seems like he's letting his emotions get the best of him! He made a poor business move in cutting the price of the Lebron Fathead from $99 to $17.41 as the entire inventory apparently sold out already:
http://www.startribune.com/sports/blogs/98128654....
Clearly he could have held out for a better price.
I'd just like to add that considering the focus on China right now, seems like people are somewhat accepting of the idea that health care costs do not need to rise in perpetuity. Am I correct in making that assumption?
Well there's no clear catalyst at this moment to spend, hence the Black Swan--the outlier. A potential catalyst could be sluggish demand from the US generating a demand-side slump in China that requires a Chinese stimulus in response. Maybe China sees an opportunity to scoop up goods internationally on the cheap considering the lack of competitive buying. That's part of the idea, right now there is no clear reason for it to happen, but it's something within the realm of possible outcomes that is being completely disscounted.
If the past is any indication...just part of the continuation of a large infrastructure buildout.
Yep, the key is putting that value to work in the right places.
Well the when is unknown. The why is because savings at some point end up getting spent, just a matter of time. Since it's a Black Swan prediction, hard to say the exact catalyst, but one possibility is that if/when US demand is too weak for China, they will need another round of big stimulus spending to pickup demand. That spending would come out of their horde of reserves.
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Elliot 
Opus