Up, up and away?

…the Holiday is fast approaching and I hope that all of you have wonderful plans to enjoy a breather. Today marked the third day in a row that the financial markets closed up. More importantly, they closed up despite the fact that there was bad news from...

Highwater marking

  I wanted to talk to you about an executive pay concept that was introduced into my thinking by a former colleague, who is still a good friend, named Chandler Spears. Chan is the Portfolio Manager of the Davis Real Estate Fund and he has served in that capacity...

an irony that just occured to me

  Isn’t it ironic that the government’s solution to the financial crisis is the exact same thing that got us into this mess in the first place? Namely, give mostly free money to folks and hope that they behave responsibly with all of that cash....

the people are changing

  Happy Saturday to each of you! You may have heard about yesterday’s financial market rally. The Dow Jones Industrial Average was up 6.5%, the S&P 500 was up 6.3% and the NASDOG was up 5.2%. All of this rise was attributed to President-elect...

price earnings ratio primer

  In today’s post I wanted to share with you the results from one of my favorite tools that I developed during my career as a professional money manager. It was a spreadsheet that took me several days to create that analyzed the financial implications of...

a little financial humor

  This comes courtesy of my father in-law and will hopefully lighten things up a bit… Try this Financial humor from Japan: Following problems in the subprime lending market in the States and its devastating effect on Northern Rock and Bear Stearns,...