…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…
…change would make things more complicated, and I, like everyone, want the tax code to be less complicated. I’ve also read articles saying that indexing the cost basis without indexing…
…movie or read the book, but I did notice the box office receipts of $307 million compared to the production budget of $12 million – now that’s a solid return…
…each holding is weighted by the value of the company. A company worth $2 billion gets twice as much exposure as a company with $1 billion. This is riskier because…
…catalysts yesterday were much narrower: sharp losses in a large Swiss mining company. Glencore PLC was once a commodities related hedge fund, but starting in the late 1980s, Glencore branched…
…go hand in hand, there should be a higher return to compensate for the additional risk. Some reasons that make small companies fundamentally riskier than large companies are that they…
…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…
