Has anyone done a deep dive into the economics of buying up music royalties from sites like Royalty Exchange?

Has anyone invested among multiple asset managers for nittery sake as a protection against one of the asset managers pulling an Enron?

VCA (WOOF) just got a $9 billion $93 a share bid from Mars. Stock's up 28% to 90. I am holding PETS which I still think is one of the best. Never picked up WOOF but I might re-examine the industry for others. Anybody know any other good names in this industry?

Didn't know if anyone posted this re: per care https://www.bloomberg.com/news/featu...ns-to-your-pet

Also anyone look at Clere AG?(formally Balda AG)(German exchange) they were a manufacturing company that ran off all their businesses and now have a pile of cash ~ 150 mil and a market cap of ~100mil.
Obv the market is considering MGMT donks as they want to make the company a renewable energy and middle market lending company.🙄 Any one have takes on the Management?

interesting idea. never thought about putting pet supplies in the recession proof bucket so thanks for sharing.

seems interesting. not sure if i'd buy unless it's a motivated seller as the information is very asymmetric here.

you mean amongst the fidelities of the world?

Because small boutique managers won't want to deal with accounts below 500k-1mm

I meant like putting money (amounts above the FDIC limit) in places besides Vanguard as insurance if Vanguard ever pulled an Enron or something.

My research & asking around today made it seem like my ETFs would be fine if something bad ever happened. It's a little embarrassing to not know this stuff already but my knowledge in the ETF space is pretty limited. I was under the impression that money put into ETFs is only tracked by the underlying but I've been told that companies take your money, buy all the components, then give you the share price. Plus they can't touch your money. If that's the case, that's a little bit more reassuring.

tl;dr I am paranoid having all my eggs in one basket in the ETF space (stock etfs and bond etfs) and just need reassurance that i'm not gonna be broke if a large ETF holding company goes BUSTO. and it's hard to ask that question to the company that's holding the ETF because I wouldn't fully trust the answer and I don't want to ask another company because they would just sales pitch me.

tl;dr tl;dr I am a potato

Clayton:

http://www.etf.com/sections/features...tml?nopaging=1

http://www.bis.org/publ/work343.pdf

http://www.morningstar.co.uk/uk/news...tructures.aspx

thanks hombre

What do i not understand about regenerative energy company's?

Every time i invest in them it seems like the are undervalued and then news start to come in that they either made a record revenue or landed new big contracts but yet the seem to decline.

nah fair question if you dont know, but tbh if you are worried about this after the reassurances above you should go for the guns/ammo/tinned food/arable land portfolio.

although even I think if your net worth is above a certain amount where incremental money has very little utility may as well put a mil into the breakdown above

Ahnuld what you doing with NAL here? I loaded up way overweight at 1.80 and today seems like a day I really want to sell here at almost 2.50. That said if there's a thesis for waiting another 2-3 months I'd love to hear it.

If anyone bought PIRS in here when I mentioned it, you're sitting pretty right now

anyone looking at gun stocks down here? I wrote some puts on AOBC last week and bought in today.
-cheap on forward earnings
-very little debt
-made in america trump theme plus in a very high tax bracket as well as increased defense spending
-high ROIC business with good brands and decent moat

negatives
-unknown how their rebranding and diversification strategy will play out. was mostly just a gun and accesories company, but want to buy out other small outdoor recreation companies
-this is the big one for me: how will gun sales do under a repub administration with no threat to expanded gun control federally? under bush administration NICs grew at about 2%/year while under obama they grew at a high clip. november/december NICs are encouraging though.
any insight into how gun sales will do under trump would be appreciated while keeping it short and no derails please!

I bought a bunch of AOBC after last quarter's earnings report dip. There's talk of the Trump administration making suppressors easier to purchase which will open up a new market. Also the Obama administration enacted some sneaky bans on certain ammo types with the unstated goal of making recreational shooting more expensive. Hopefully those BS regs get overturned as well and rec shooting becomes more accessible.

BTW, the NIC numbers were pretty disappointing for December.

also, being able to conceal carry in all states might help sales too.

NICs numbers are coming off of the san barnadino compare of 2015. if you compare to 2014, they are +20% which is impressive.

NVTR

Would buying 20 shares of Amazon be worth it, or am I better off buying something much cheaper in more quantity?

Buy an index fund and ignore it

Buy a mutual fund that holds Amazon if the money you are investing is more than 1% or your total investable holdings.

Here is list of top 5 funds holding Amazon.

http://www.investopedia.com/articles...amzn-agthx.asp

However, if you want maximum risk, then buy shares of Amazon and hold-on for what could be a bumpy ride. One missed earnings and it could drop quite a bit, like 10% or more. It's priced for perfection. I still like it, but would feel better holding a more diversified group of stocks.

For newbies, the Vanguard Total Stock Market Fund is nice and has a substantial holding in Amazon.

Ok thanks, I'll check those out.

A.) as others have said buying a low-cost index fund (e.g. VTI) is your best plan of attack.

B.) the share price alone doesn't make a stock cheap or expensive... think as shares of common stock as fractional ownership in a company, albeit as a minority owner, if Amazon did a 2 for 1 stock split you could buy your 20 shares for half the price, but you would have half the ownership claim.

i bought back in today. it's trading at pretty cheap multiples. and who knows, maybe liberals will be inspired to start buying guns too.

Any value radars going off with UAA? What a plunge.