A little financial analysis lesson

Hello everyone! In this post I wanted to highlight for each of you one of the moments that always catches my attention as an investor. Namely, when a successful business decides to branch out into an entirely new field. Because this sort of thing is so common, it is...

21st century business

Some of you may have noticed that I am not happy with U.S. businesses. It’s not that I am opposed to making money – far from it. In fact, I think that capitalism easily does the most efficient job of allocating resources; and that is the purpose of an...

A proposal for change, part II

A week ago I published the first part of, what I called, “a proposal for change, part I.” Here is part II of that missive. Recall that in the first part of this post I addressed the Institutions that needed changing if the economy was to regain a firm...

Bottomed out?

Happy Friday everyone, As I am sure you all know, the financial markets have rallied over the previous three trading sessions. The initial spark was Citigroup having released the news that their results for the first two months of the year were better than expected...

A proposal for change, part I

With this post I am going to take a chance and try and make some suggestions as to what needs to change in our economy in order for it to survive its current credit-crunch spawned problems, permanently change, and thrive into the far future. Whew! Here goes… I...

Underfunded SEC

The head of enforcement at the Securities and Exchange Commission (SEC), Linda Thomsen, testified before Congress today about her group’s handling of the Bernard Madoff Ponzi-scheme scandal. Particularly noteworthy is her having said, “While we appreciate...