When Microsoft decided to do its special dividend in 2004, I was interviewed by TheStreet.com. I commented here: In addition, the stock may avoid falling a full $3 because many investors believe the cash is better in their...
Read MoreEvery 100 posts or so I try to look back and think about where we have been. At the last century mark, things were very different. I was employed, though I wondered about the staying power of my firm. Since then, I...
Read MoreWhen rules become known and acted upon, the system changes to incorporate them, making them temporarily useless, until they are forgotten again. When a single strategy becomes dominant, it can become temporarily...
Read MoreThis is the first time I have done something like this, but I am interviewing an author of a book on Risk Management, which delves into the nature of the current crisis. My interview occurs before the book is published,...
Read MoreNo, I’m not doing a part 3 of the “Dave” series, though I am tempted after today’s events. One of the widows in our church insisted that her son contact me about a business deal he was entering...
Read MoreFor what it is worth, I don’t encourage calling me “Dave.” My wife, my pastor, and some close friends call me that. I learned to love my given name when I became an adult — David is a...
Read MoreI get requests from local friends fairly regularly for aid in understanding their finances. While coming home from church recently, I mentioned to her that many were seeking my opinion in our congregation. Her...
Read MoreFor public companies in the US, what is the breakdown by state and then by sector, as measured by market capitalization: Quite a graph. Some states are like the US Average Sector mix, and some are very different. This set...
Read MoreDoes it matter who controls the businesses of the country? Does it matter who regulates the businesses of the economy? Should these people be smart or dumb? One cost of the meddling that the Fed and Treasury have...
Read MoreIn my last post on this topic, I went over the orthodox and unorthodox monetary policy responses to the crisis in the US. Here were the orthodox options: Lower the Fed funds rate into lower positive territory. Offer...
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