…purpose acquisition companies,’ but are often called blank-check companies. Historically, a relatively well-known investor would raise cash and form a SPAC, which is publicly traded. But, until the SPAC went…
…independent companies. A recent example is CBS, the media company (or Channel 4 here in St. Louis) spun off CBS Outdoor Americas, which owns billboards along the highway. Usually, the…
…a miner impacts the environment pretty directly and a bank doesn’t. Upon further inspection, he said that the mining company had comprehensive policies for when workers suffered terrible injuries on…
…by Exxon-Mobile from AAA to AA+. It’s a shame to see another company lose their prime rating – there are now only two companies that have an AAA-rating. Exxon had…
…favorite authors, Michael Lewis, wrote a column about NetJ.com that had no business operations but was worth $22.9 million simply because it had .com in the name. How times have…
…– over the coming decade. Our financial planning software assumes 3.0 percent, so we’re still conservative in our planning compared to forecasts. But since I love charts, I made one…
…and bonds. In the U.S, where we have the longest and most complete data, the results are compelling: Notice that the scale is logarithmic, which helps put things in percentage…
…only has 451 million shares outstanding compared to 4.1 billion for Verizon. The other quirk for the DJIA is that a committee picks the constituent stocks and they have famously…
…right now, almost nine percent in the first quarter for S&P 500 companies. Over the last 20 years, the profit margin for these 500 companies has been closer to seven…
…investor! Glancing at the holdings, I recognized some of the companies, but most of them are mid cap companies. There were a few large cap stocks, but among the 80…
