Day

April 30, 2012
This article correctly points out the ridiculousness of investor paying loads on funds.  It significantly reduces your principal and us usually a terrible idea, particularly if you aren’t likely on holding the fund for at least a decade.  Very few of the best mutual funds charge load fees so if your advisor is pitching you...
Read More
Bill Ackman is one of the finest hedge fund managers out there and he shares some wonderful insight on some of his current investments.  Ackman has proven himself to be one of the most influential and creative managers out there today.  Enjoy! http://www.gurufocus.com/news/173452/bill-ackman-on-barnes-and-noble-burger-king-and-bacon-sundaeshttp://www.gurufocus.com/news/173452/bill-ackman-on-barnes-and-noble-burger-king-and-bacon-sundaes INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR...
Read More
This article showcases the high quality lending that banks are doing currently.  Improved underwriting and more disciplined pricing are the results of the consolidation that the industry has undergone.  While these are fairly normal characteristics for the recovery period in the credit cycle, markets aren’t giving the banks any credit for their solid financial strength....
Read More
According to the Wall Street Journal Coca-Cola Co. (KO) is evaluating an $11 billion plus acquisition of Monster Beverage Corp. (MNST).  At over 30 times earnings I think this acquisition is not a good idea of Coca Cola.  While I’m sure Coke could increase Monster’s sales through improved distribution, this is too large of an...
Read More
I totally agree with the premise of this video in that Warren Buffett has hedged his bets, by investing a great deal in high quality capital intensive businesses.  While this doesn’t mean he doesn’t have confidence in his successor, it would be foolish to believe that any investor could emulate Buffett’s track record, particularly with...
Read More
We have T&T Capital Management have been saying for sometime now that companies that are dependent on China to propel their growth, particularly in the areas of  real estate, and other hard assets, are at risk and likely don’t warrant a peak earnings multiple.  China has gone on a spending spree that is unprecedented for...
Read More
Barnes & Noble Inc. (BKS) and its Nook product became a lot more viable this morning, after Microsoft invested $300 MM into a subsidiary holding the Nook college books business.  The implied valuation of the entity is $2 billion.  I don’t think that the Nook would have lasted without a company with more clout and...
Read More
This article argues the consensus opinion that housing will take many years to recover. I tend to disagree with this consensus view.  Because so few people are actually optimistic that housing will stage a significant recovery, I think the odds are actually quite good that it will happen.  Psychology is essential so if sentiment is...
Read More

Recent Comments

    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
    Fax : 949-335-9784