Nik, my earlier post included areas where increased M & A is expected. There are several areas, both nationally and internationally that I have found, but I am not interested in investing directly in M & A.
Just took a position in LAZ to diversify my portfolio.
As far as Obamacare as an investment vehicle, beats me how anyone can make money on that. Wellpoint acquisition was going through with or without Obamacare from what I read. I don't pretend to understand Obamacare beyond the basics, but how does someone play it? And, if the Republicans win the election?
Agreed on U.S. companies having a boatload of cash. Payout ratio on dividends for the S & P 500 are at historic lows.
On BX, I don't understand the entire company, but their real estate purchases are being made on foreclosed property. So, they rent it out for a few years until real estate is worth buying again. Currently rental prices have shot up so the landlord gets to enjoy someone else paying the mortgage with some pocket change to pay the div. on the side, while he waits for home prices to improve. EKS first brought this up on this board and I think Paul Senior had some positive comments on this issue as well. Unfortunatly, we could not find direct investment vehicles into this trend other than REITs or community banks. |
