Tag Archives: finance

TESLA will bring us World Peace? At this price it better!

Based on the stock price performance, we should expect Tesla to bring about world peace.  Exciting growth situations, and I’ve seen many of them in various industries over my long career, seem to defy gravity for extended periods of time. … Continue reading

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The Day After – Catalyst for resumption of Bull Market will be a surprise!

I provided a rather winded explanation in my previous discussion about why the current correction was inevitable.  Since then, the S&P 500 has declined roughly 3%.  It is likely to get worse before it gets better? My own estimation was … Continue reading

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High Consumer Confidence is bad news for stock market!

The latest consumer confidence release shows a significant improvement. “Rising home prices and a rising stock market are two key factors that are boosting consumer confidence. And a third factor is rising strength in the jobs market. The consumer confidence … Continue reading

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RIM – stock-picking shame and salvation!

Finally RIM is getting some respect.  Today ScotiaCapital upgraded the stock to a sector outperform rating: “In our view RIM does not need to deliver the best selling smartphone in order to deliver an upside EPS surprise. And we believe … Continue reading

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Hiring…..? Go for the older guys! Part deux.

In an earlier but extremely popular posting entitled –Hiring Portfolio Managers? Go for the older guys! – I hinted that age discrimination, at least when it comes to the investment industry is a bad idea, even if it is endemic.  I have no supporting … Continue reading

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Facebook and yes; looks matter more than reputation

Our love of good stories often biases our decisions, which is evidenced by the scrambling to buy the Facebook IPO despite the fact that there’s virtually no concrete financial data to justify the price of the business (if it is even … Continue reading

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Hiring Portfolio Managers? Go for the older guys!

Sir John Templeton Hiring ‘young’ fund managers? First read this quotable rant from a longtime friend of mine and accomplished money manager Rick Konrad: Unlike beauty queens who peak at 22, money managers become more desirable as they age (provided … Continue reading

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