SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: dvdw©5/15/2010 8:56:29 AM
of 3821
 
Anyone is free to review more by going to TJ's Thread and catch the utube interview with Mr Taleb.

To: TobagoJack who wrote (63639) 5/15/2010 8:40:47 AM
From: dvdw© of 63648

Yes thanks for posting.., Mr T...is not clearly right across a broad swath of his viewpoints either. its clear that his perspective is disconnect from the sources of information which may help him get better, as a broad swath contributor.

His Black Swan has been coopted by the chaos theory gang, ignorantly, and converted to a utilitarian feature of that groups misguided interpretation of reality.

Let me illustrate from a paragraph in a recently released transcript of DEG's quarterly report where the subject of Greece is framed for the most recent quarter, at the peak of turmoil. My routine includes study of all grocer quarterly reports, because the trends seen at the food level are like counterprograqmming of news projected by mass media engaged to the output function under RO/RS=CF.

Sample (there is more about Greece in the entire transcript available at Seeking Alpha.)
As Pierre-Olivier just indicated Delhaize Group continued to grow greatly, despite the challenging economic environment, revenue growth amount to 1.7% for the Group. In the U.S., our revenue decreased by 0.4% and our comparable store sales growth was negative 1.8% or negative 1.2% when not adjusting for the impact of these two.

Adjusting or comparable store sales growth for retail deflation, real net growth for the quarter turned almost flat up to more than two years of negative though improving volume trends. Retail food deflation was 1.6% in the first quarter of this year, compared to inflation of 4.1% in the first quarter of last year. Our cost price inflation was flat and the 160 basis points gap between our retail price and our cost price inflation results from the major price investments we started in January, mostly at Food Lion.

In Belgium, total revenues increased strongly by 5.2% in the first quarter. Comparable store sales growth was 4.3% and was supported by successful commercial initiatives and a continued focus on price competitiveness. This comparable store sales growth is entirely the result of volume growth as inflation stayed flat at Delhaize Belgium in the quarter.

Our price reality as well as perception further improved and resulted in market share gains in every week for the last 15 months in a row. Revenue growth at Alfa-Beta in Greece was again strong at 9.2%, on top of an outstanding quarter last year, and as a result of strong comparable store sales growth and network expansion. We are proud of our Greek results as they come in the context of a difficult economic environment.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News