Whenever I need inspiration for a new stock idea, I think about Levi Strauss.
Yes, Levi Strauss — the man who invented blue jeans. As a scrappy European immigrant to the land of opportunity, Strauss went West during the California Gold... read more »
March 14, 2013 11:39 am / no comments
In grade school, my teacher had an old 1960s Vietnam War protest poster taped to a filing cabinet that read: “What if they gave a war… and nobody came?”
If we applied this rationale to today’s market, then it would be something... read more »
October 23, 2012 3:59 pm / no comments
When Lehman Brothers failed in September 2008, the U.S. financial system locked up and proceeded to plummet in a classic deflationary spiral. As the value of overpriced, overleveraged assets came back to Earth, the banks that had lent money... read more »
September 12, 2012 7:50 pm / no comments
When it comes to investing, there’s an old saying: “No one rings a bell and tells you when it’s time to buy.” This is especially true in cases where a pretty strong rally has already been underway for quite some time.... read more »
August 30, 2012 8:25 pm / no comments
Whenever I hear the term “buggy whip,” I think of Homer Simpson’s boss, Charles Montgomery Burns, the billionaire character in “The Simpsons” whose quirks lampoon the attitudes of the robber baron class of America’s... read more »
June 7, 2012 6:33 pm / no comments
Generic prescription drugs are the bane of big pharmaceutical companies and investors alike. As patents for name brand drugs expire, generics eat into revenue, shrink earnings, and depress stock prices of the Big Pharma players.
But the smart... read more »
May 15, 2012 9:28 pm / no comments
Last year, the Dow Jones Utility Average (DJU) was on a tear. At least for a boring utility index, it was. The index returned 15% before dividends, its best annual performance in four years.
Throw dividends in, and we’re probably flirting... read more »
April 19, 2012 8:25 pm / no comments
Lately, when I look at the price levels of a lot of headline tech stocks, the Prince song “1999″ comes to mind. And like the lyrics from that 1982 smash hit, these stocks certainly are partying “… like it’s 1999.”
Rarely,... read more »
March 11, 2012 4:41 pm / no comments
More often than not, a successful investment usually involves a good, basic business that sells a lot of something everybody needs. It’s a path that guys like Warren Buffett have taken time and time again to score huge long-term returns.
This... read more »
March 2, 2012 1:17 pm / no comments
After a less-than-stellar performance for the S&P 500 in 2011, investors continue to scratch their heads as they try to figure out where to allocate capital for the New Year. Treasuries? Sure, if you want to pay too much, then take on more... read more »
January 11, 2012 3:49 pm / no comments