…There are growth traps too. Professor Jeremy Siegel of Wharton tells the story of an oil company and a technology company in 1955 (I’m annoyed again that I can’t name…
…groups: cheap, neutral, expensive and ‘N/A.’ That N/A portfolio refers to companies where you can’t compute a ratio because there were no earnings, cash flow, or the company had a…
…of getting computers to act without being explicitly programmed by humans. Goldman Sachs reports that the world’s 13,000 public companies produce two million pages of annual reports and 30,000 of…
…example may be helpful, so take a look at the table below to see how a border adjustment tax would impact three companies: a purely domestic company, a pure importer…
…Harder S&P 500 Enjoys Record (Close Back in December) Bitcoin: Coming to an ETF Near You Amid Soft-Landing Talk, Leading Indicators Still Signal Recession Happy New Year Fed Chair Powell…
…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…
…S&P 500 is expensive at 33.3, but -94.0 means that earnings are negative. If you exclude the companies that are losing money, the PE ratio on ARK is 62.9, compared…
…the market value of a company has to be low compared to its fundamental value – this usually occurs when there is some problem in a company or industry (think…
…important woman in American History, my first thought was about a scene from The Wire. In the scene, a mid-level dealer discovers that two of his street-level dealer kids accepted…
…week. While the exact cause and timing behind the volatility could not have been predicted, we did know that the low levels of volatility would not continue forever. Whether or…
