…That assumes zero expenses, which is really hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that assumes with zero R&D over the next…
…mind was: what if everybody indexed? Theoretically, indexing doesn’t work if everyone indexes because the market needs active managers to set prices. Imagine a pharmaceutical company develops a new drug…
Which sector returns were better last year, healthcare stocks or utilities? There’s no question that both had great years, up 25.26 and 28.94 percent respectively, compared to 13.66 percent for…
As I wrote earlier this week, the plunge in oil prices has dramatically cut profits for energy firms (see the article here). Some of those companies have been using their…
…revenues. That’s somewhat forgivable for a new company, though, because they are plowing money into their technology and trying to solidify their competitive advantage. When we evaluate a company’s profitability,…
…filing jointly. Different states have different rules, but getting a deduction is common if you contribute to your state’s plan. Tax-free withdrawals are available when the funds are used for…
There’s apparently plan floating around Washington that would dramatically change capital gains taxes, in my opinion, for the better. I try to be impartial about political matters (not always successfully,…
…much better than what markets were expecting at the outset of the quarter, which was -4.6 percent as 73 percent of companies reported results better than analyst estimates. Results in…
…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…
…two companies, it makes sense that a more diversified pool of bonds would be less volatile than an un-diversified portfolio. The other factor to consider is the other main risk…
