Hey everyone
PBW is testing 20 for the third time in a month. A couple of days ago I suggested a 21 straddle and that trade looks like a winner on the put side of things. I would actually look to sell the put at a profit at this point and ride the call. For disclosure purposes, I own a 22-24 June call spread that I still feel positive about.
Buffett is the richest person in the world. That is not surprising. The diversified but focused investment approach is in my opinion the best.
Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts
Tuesday, March 4, 2008
Monday, January 7, 2008
Clean Energy ETF (PBW)
Happy New Year Everyone!
I am writing to let you know about an ETF that I have found and like very much. It is called the Powershares Milwall Clean Energy ETF with the symbol PBW. I like the ETF because it falls under the four principles of Warren Buffet’s investing style (management, price, industry growth, and value). The ETF is managed well. The ETF has included industry leaders like First Solar in its portfolio. It also contains companies that cover the entire process from idea to product usage. The technical aspects of PBW’s chart show that it is in an upward trend. Its Price to Earnings ratio is reasonable. The profits for most of these companies will grow at an exponential rate because there is demand from both public and private sources.
The one downside I would say that it has is that a great majority (over 91%)of the ETF’s holdings reside in the US and I would like to see more exposure to clean energy companies outside the US.
As always, do the homework necessary to get your investments correct. I do my homework by using Yahoo Finance and Optionsxpress. They are both excellent resources.
As of right now I do not own any shares, optionsof PBW, or any shares or options of the securities within PBW.
Please post any comments as you see fit.
I am writing to let you know about an ETF that I have found and like very much. It is called the Powershares Milwall Clean Energy ETF with the symbol PBW. I like the ETF because it falls under the four principles of Warren Buffet’s investing style (management, price, industry growth, and value). The ETF is managed well. The ETF has included industry leaders like First Solar in its portfolio. It also contains companies that cover the entire process from idea to product usage. The technical aspects of PBW’s chart show that it is in an upward trend. Its Price to Earnings ratio is reasonable. The profits for most of these companies will grow at an exponential rate because there is demand from both public and private sources.
The one downside I would say that it has is that a great majority (over 91%)of the ETF’s holdings reside in the US and I would like to see more exposure to clean energy companies outside the US.
As always, do the homework necessary to get your investments correct. I do my homework by using Yahoo Finance and Optionsxpress. They are both excellent resources.
As of right now I do not own any shares, optionsof PBW, or any shares or options of the securities within PBW.
Please post any comments as you see fit.
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