There is some big news today as Bill Ackman appears to be getting involved in Procter & Gamble (PG).  At T&T Capital Management we have recently been getting more involved in PG as well as the stock is very cheap at about 13 times earnings with a dividend near 4%.  The company has made some...Read More

It looks like another disaster has hit the Futures and Commodities industry with the recent freezing of accounts at PFGBEST.  This is a very unfortunate situation for clients that put their hard earned money to work in account believing that their funds were segregated only to find inconsistencies with the firm’s accounting.  Before and after...Read More

This article talks about one of our favorite stocks in the media space.  DirecTV (DTV) offers a compelling value at just over 10 times forward earnings.  This company has a strong business with excellent growth in Latin America, and its strong capital allocation track record make is ideal for shareholders looking for a good long...Read More

This article rightfully brings attention to the high possibility that tax rates on dividends will be increasing next year.  With bond yields so low for highly rated companies it does make some sense to issue debt and to pay it out to shareholders, and then over the next years pay back the loans by offering...Read More

Although Brazil sits on vast oil reserves and should be one of the primary growth regions for global supplies, the domestic oil equities such as Petrobras (PBR) and OGX Petroleio e Gas Participacoes have struggled.  A big reason for this is the effort to try and produce as much as possible using domestic companies, when...Read More

We have talked about the vulnerability of the Australian economy due to its exposure to heavy mining materials before, as we expect Chinese demand to slow down.  There are significant issues with the Australian economy due to over-inflated housing prices, and an extremely strong currency which crimps exports.  The decade long mining boom has propelled...Read More

This is an interesting article on Lenovo’s practice of internally manufacturing as opposed to outsourcing.  Obviously being a Chinese company the decision is made bit easier than it is for companies like Dell or Hewlett-Packard which are based in the United States.  Currently the trend led by Apple is to take more control over the...Read More

Today the U.S. economy posted terrible jobs growth furthering concern of an economic slowdown.  Over the last 3 months the U.S. economy has only created 225,000 jobs which is truly abysmal.  While the Federal Reserve has done everything it can, the government needs to implement job programs and get more aggressive in promoting growth.  It...Read More

The U.S. economy is slowing quickly and nowhere is it more apparent than the ISM’s manufacturing purchasing managers’ index plunging to 49.7% in June.  A reading below 50% shows contraction and this is the first time the number has been below 50% since July 2009.  Problems in Europe and a slowdown in the United States...Read More

This is an excellent account of the fall of Research in Motion (RIMM).  Even though the company has executed very poorly I believe the intrinsic value of the stock is quite a bit higher than the current price.  There is a wide range of potential outcomes so I wouldn’t make it a large concentrated positions,...Read More