Comments on: I beat you on this stock, Warren Buffett!

By: Pragmatic Finance

Pragmatic Finance — Wed, 06 Sep 2006 00:14:29 +0000

38th Edition of the Carnival of Investing…

Welcome to the 38th edition of the Carnival of Investing. I am your host, Pragmatic Finance and I will give you the run down on what went on in the investment blogosphere this past week.
I had to chuckle when My 1st Million at 33 said I beat you on th…

By: frugal

frugal — Wed, 30 Aug 2006 00:34:18 +0000

I’ve fixed the DailyWealth link after they’ve archived the article. You can read them now for the details on COP.

By: frugal

frugal — Mon, 28 Aug 2006 17:09:17 +0000

Sorry for the dysfunctional links.

I fixed the link on fourth quarter 2005.

And once DailyWealth archived their article on August 25, 2006, you should be able to read about COP.

By: frugal

frugal — Mon, 28 Aug 2006 14:48:49 +0000

I can’t find the archived link for COP at DailyWealth now. If I find it, I will update the link.

Garrett, I can’t make any decisions for you. You will need to make your own, and live with it. As I said, I will always disclose my moves, and you can decide what to do. But I always make small moves, so even when I am wrong, I won’t be hurt that much.

You need to do your own research to decide why you want to invest. I seldom write about individual companies/stocks. For energy sector, you can read about Peak Oil on my site by Google Search on the right column. You can compare COP to many big companies like XOM, BP, RD, T, etc. and decide for yourself. You can also read about investing in natural resources on my site for any ETFs which I usually like better than individual stocks.

By the way, P/E of 7 is the about the same as paying interests at 1/7 = 14.3%. You can tell me getting paid at 14.3% is good or not. Everything is relative however.

Best luck.

By: garrett

garrett — Mon, 28 Aug 2006 14:22:27 +0000

Also, if I do invest in COP (which it looks really good) I belive I am going to wait until after september 5… Or maybe after the 20th to see what the feds do… If I have a feeling they are going to raise then I will hold off on buying afterwards.. If I get a feeling they are going to hold.. I will buy ahead of time..

By: garrett

garrett — Mon, 28 Aug 2006 14:20:33 +0000

So when you say long term how many years are you talking? 5+ years?

If I am going to go buffet style and look at the ROE it looks really well at 25.77%.. Very impressive there

They don’t have as much cash as a lot of other companies in other industries have..

soo the forward p/e is 6.79 Is that good, decent? What you wnat to look for there?

I know I shouldn’t ask you for stock “tips” I just want your opinion on why you think this stock is a hold for the long term..