About Vitamin D | WebMD

Experts aren’t sure if a lack of Vitamin D leads to depression or if it’s the other way around.

But studies show a link between the two. Research is ongoing to see if raising your vitamin D levels can help with symptoms and boost your mood.

Additionally, scientists are still figuring out exactly how well vitamin D can treat or even keep you from getting the influenza virus.

One study showed taking vitamin D drops in the winter helped lower the number of Japanese schoolchildren who got the flu. It’s clear it’s an important part of a healthy immune system. Your body can’t fight germs well if it doesn’t have enough.

And, healthy vitamin D levels can slow bone loss. It also helps ward off osteoporosis and lowers your chance of broken bones.

Doctors use vitamin D to treat osteomalacia. That’s a condition that causes soft bones, bone loss, and bone pain.

Vitamin D Deficiency

About 4 out of 10 Americans don’t get enough vitamin D. If yours is low, you might not eat enough foods with it. Or you might have a health condition that stops you from absorbing it. Or you might just need more sunlight.

Problems converting vitamin D from food or sunshine can set you up for a deficiency. Factors that increase your risk include:

  • Age 50 or older
  • Dark skin
  • A northern home
  • Overweight, obese, gastric bypass surgery
  • Milk allergy or lactose intolerance
  • Diseases that reduce nutrient absorption in the gut, such as Crohn’s disease or celiac
  • Being institutionalized
  • Taking certain medications such as seizure meds

Using sunscreen can interfere with getting vitamin D, but abandoning sunscreen can significantly increase your risk for skin cancer. So it’s worth looking for other sources of vitamin D in place of prolonged, unprotected exposure to the sun.

Make sure you take Vitamin K with Vitamin D

Vitamin K is an essential nutrient that helps your blood clot and your bones grow the way they should. It also may help prevent the bone disease osteoporosis and protect you against heart disease. You can get vitamin K from certain foods, and most diets in the United States contain enough of the daily recommended goal (90 micrograms for women and 120 micrograms for men).


References:

  1. https://www.webmd.com/vitamins-and-supplements/ss/slideshow-low-vitamin-d

Buffet’s Owner’s Earnings

Owner earnings (OE) is a valuation method detailed by Warren Buffett in Berkshire Hathaway’s annual report in 1986. He stated that the value of a company is simply the total of the net cash flows (owner earnings) expected to occur over the life of the business, minus any reinvestment of earnings.

Owners’ earnings, also known as cash flow for owners, remains one of the more accurate measures of how much money we can make from an investment and helps calculate intrinsic value.

The formula for owners’ earnings is as follows:

OE = Net income + Non-cash charges – Maintenance Capex +/- Changes in working capital Where the below:

  • Non-cash = depreciation, amortization, impairment + other charges
  • Maintenance Capex = Cash a company spends to maintain normal biz operations.
  • Changes in working capital = adding the items under “Change in operating assets and liabilities” from the CF statement.

We will use a combination of cash flow statements to find the numbers.

To simplify some of this maintenance, the capex is an imprecise number that Buffett didn’t define precisely.

Many suggest different calculation methods; we will use the CF number to simplify.

Using $MSFT as our guinea pig for the year ending 2022. Below are the numbers taken from the financials:

  • Net income = $72,738
  • Non-cash = $16,260
  • Capex = ($23,866)
  • Changes in working capital = $446

Plugging in the numbers for $MSFT, we get:

Owners Earnings = $72,738+$16,260-$23,866+$446 = $65,578

Per share = $65,578 / 7,496 = 8.74

When compared to current P/FCF equals 8.70

Use these criteria to eliminate 95% of stocks:

Revenue growth 12%
Shares outstanding <2%
Net debt to FCF below 5x
Free cash flow growth +15%
Return on Invested capital +15%
Earnings per share growth +15%

12 companies that qualify:

 

Cap Rate

The cap rate, an abbreviation for “capitalization rate,” is a real estate metric that reflects the expected rate of return on rental property investments.

The Cap Rate, or “Capitalization Rate,” is a fundamental real estate valuation ratio that compares a rental property investment’s annual net operating income (NOI) to its current market value.

The cap rate formula is the ratio between a rental property’s net operating income (NOI) and its fair market value (FMV) as of the present date, expressed as a percentage.

Cap Rate

  • The cap rate is defined as the potential rate of return on a rental property building, such as a commercial real estate investment.
  • The cap rate formula divides the net operating income (NOI) of a rental property at stabilization by the property’s market value as of the present date.
  • < UNK> Real estate practitioners frequently use the cap rate to compare different investment opportunities to determine the property with the most attractive risk-return profile.
  • The higher the cap rate, the higher the risk and potential return – all else equal.
  • There is no reasonable cap rate, per se, because the decision is subjective and contingent on the specific investor’s risk-return profile. Still, most commercial real estate investors target a cap rate between 4% to 10%.

Story of Two Men in a Hospital Room

There were two men, both seriously ill, who shared the same hospital room. One man got a seat next to the room’s only window. The man was also allowed to sit in his bed for an hour each afternoon to help drain fluids from his lungs. The other man spent all his time lying flat on his back.

The two roommates quickly bonded and started talking for hours on end. They spoke of their lives, their job, children, and wives. Then, one day, the man on the other side of the window expressed how he envied the man near the window. From that day, the man near the window started describing everything he could see outside the window.

The window overlooked a lovely park with a lake. Ducks played on the lake while children sailed their model boats. Young lovers walked arm in arm amidst flowers of every color, and a fine view of the city skyline could be seen in the distance. The man on the other bed began to live for those one hour where he could hear and visualize the world outside the hospital room. The one hour of every day would broaden his world and be enlivened by all the activity and color of the outside world.

One fine afternoon, the man by the window described a parade passing by. Although the other man could not hear the band, he could visualize it as vividly illustrated by the man by the window.

Days and weeks passed by.

One morning, a nurse arrived to examine the condition of the two patients. She found the lifeless body of the man by the window. The man had peacefully embraced his death in his sleep. The nurse sadly called the hospital attendants to take the body away.

The other man grieved the death of his roommate. But, as the day passed, he started missing how his roommate described the view from the window. In the hope of having a peek out of the window and the beautiful world outside, the other man asked if he could be moved next to the window. The nurse happily made the switch. As soon as he was comfortable in his new bed, the man slowly and painfully propped himself to take his first look at the world outside. The nurse delightfully watched as the man attempted to sit on the bed after weeks. But as he strained to turn to look out of the window beside him slowly. He was stunned to see a blank wall outside the window. The agitated man asked the nurse what could have made his roommate lie about the view outside the window.

“There is nothing to see from here. Where are all the wonderful things he saw? He described everything so vividly. Is this a new and recent wall? Why did he give me such vivid details that don’t exist?” He asked

The nurse shook her head and answered his questions, “Perhaps he just wanted to encourage you and make you happy. But, you see, your roommate was blind.”

ATM Scam

Chase customers lose money to ATM thieves using glue and the ATM’s ‘tap’ feature to steal money from customers’ accounts.

Scammers are using glue to jam the card reader. A nearby stranger would then remind the person looking to take out money to use the tap feature on the ATM.

When you use an ATM’s tap feature, your account remains open for more transactions unless you proactively log out.

https://abc7news.com/atm-thieves-use-glue-and-tap-function-to-drain-accounts-at-chase/12905397/

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Also, look for skimmers at gas pumps and ATMs. Please always look over the card reader before inserting your card, and if possible, use tap to pay!