Archive

Dual Classes of Stock May Not Be in the Best Interest of Shareholders

Ford Motor Company recently fired its CEO, Mark Fields.  Its decision to do so was based on the stock’s poor price performance and belief that the company was not agile enough in addressing structural changes occurring in the auto industry.  Personally, I have no opinion as to whether Mark Fields was the source of the […]

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Understanding Quarterly Progress

Investors typically look at quarterly and annual reported operating results on a year-over-year basis.  In other words, what was the percentage change compared to the prior year period. It is important to also consider sequential change.  That is, what was the change compared to the previous quarter.  Obviously this is not particularly helpful in looking […]

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Penny Wise Pound Foolish

On Sunday evening, April 9, United Continental caused a passenger to be forcibly removed from a flight between Chicago O’Hare and Louisville, KY. By acting in what appears to have been in full adherence to the appropriate rules, United Continental may have saved some money and transported a flight crew to Louisville in order to […]

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Nuggets from The Oracle of Omaha

Warren Buffett sent his letter to shareholders over the weekend.  While there are so many factors that make him possibly the greatest investor, his ability to communicate with the masses has to be near the top of the list.  While not everyone wants to read the entire 28 page letter (although I would recommend it), […]

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Brexit, Exit Update

With the resolution of the appropriate, legal path for the implementation of Brexit, the British House of Commons began debating the issue on January 31.  It is currently expected that a final bill will be approved by early March, after which, negotiations with the European Union (EU) can commence.  This process may take some time. […]

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Dow 100,000

Unless the U.S. economy enters into an extended period of negative growth, Dow 100,000 is not a question of whether, but rather, when. The Dow Jones Industrial Average reached 100 in January 1906, 1,000 in November 1972 and 10,000 in March of 1999.  In mathematical terms, growth can be arithmetic, where gains are linear, or […]

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