While there is no doubt that free enterprise gives rise to recurrent episodes of speculation, the features that are common to these episodes are rarely analyzed, according to the author of A Short History of Financial Euphoria,...
Read MoreWhen the cost of a commodity is well below its asking price, something is amiss. Such is the case with gold, as major producers are able to dig it out of the ground for around $500, and sell it for $1600. This has encouraged...
Read MoreOne of the reasons many market observers believe this recession will be a long one is the growth in consumer debt over the years. As consumers now focus on paying down debt levels, they won’t be able to spend to the same...
Read MoreA few short years ago, major media outlets would post daily articles reporting the price of oil and how demand is far exceeding supply. Not long before that, these same outlets were saying things like “they’re not...
Read MoreSo many of the net-nets discussed on this site are illiquid, and therefore shunned by you, the investor. But when the market takes a dive like it has over the last couple of months, even some relatively large companies start to...
Read MoreIn the current climate, there is no shortage of potential value investments. Unfortunately, certain managements are eroding that value, rather than passing it on to shareholders. Recent examples of that appear to be taking place...
Read MoreWhile there is no doubt that free enterprise gives rise to recurrent episodes of speculation, the features that are common to these episodes are rarely analyzed, according to the author of A Short History of Financial Euphoria,...
Read MoreWhile there is no doubt that free enterprise gives rise to recurrent episodes of speculation, the features that are common to these episodes are rarely analyzed, according to the author of A Short History of Financial Euphoria,...
Read MoreHewlett-Packard’s former CEO Leo Apotheker was essentially fired from his position yesterday after only 11 months on the job. He was immediately replaced by Meg Whitman, because (according to HP’s press release), she...
Read MoreCorporations can be pretty poor allocators of capital. (As an aside, Warren Buffett’s ability to allocate capital towards its most efficient use is one of the major reasons his company has risen to the top. While every...
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