Pfizer just sold $4 billion of bonds rated AA for less than their dividend yield

NEW YORK–(BUSINESS WIRE)– Pfizer Inc. (PFE) today announced the pricing of a debt offering consisting of five tranches of notes: $750,000,000 aggregate principal amount of 0.900% notes due 2017 $1,000,000,000 aggregate principal amount of 1.500% notes due 2018 $500,000,000 aggregate principal amount of floating rate notes due 2018 $1,000,000,000 aggregate principal amount of 3.000% notes due 2023 $750,000,000 aggregate principal amount of 4.300% notes due 2043   Memo to the  investor.  Pfizer pays a 3.31% dividend yield.  What would you rather own, a 3% ten year Pfizer bond that has no chance of raising it’s dividend or the common stock … Read more

Charlie Sheen Shorts Berkshire Hathaway. Proves you can still make a killing in the market while wasted.

The Sax Angle created a hypothetical portfolio for Charlie Sheen.  Our extensive backtesting proves you can still get wasted and make a killing in the stock market.

Charlie Sheen’s stock portfolio produced enormous gains while his career floundered.   That’s the conclusion that the analysts at the SAX  ANGLE came to while building a hypothetical portfolio of Charlie Sheen’s stock holdings.  Based on public information, TV shows, and extensive web gossip, we concluded that Charlie Sheen should own or control significant stock in nine companies, some private and public.

1. Playboy Enterprises PLA.A

Charlie Sheen should get involved in a group offering a rival bid to Hugh Hefner’s attempt to take Playboy (PLA) Enterprise private.  Once a sought out guest of the Playboy Mansion, Charlie should plan behind the scenes to throw out its namesake owner. Once his buyout group gets control of Playboy, we suggest that Charlie plan to move into the mansion and mummify Hef and display him wax figure like descending the entrance stairs.

2. Laboratory Holdings- LH

Sheen should work with the drug testing giant’s research lab to make drug tests anyone can pass.  Charlies should direct his agent to make a deal for him to be the spokesperson for the new “Easy Pass Come Clean Machine.”

3.  Betty Ford Clinic Buyout

Read more