See Important Disclosures In his Diversified Buybacks model (performance indicated above – click to enlarge), manager David Fried selects among stocks of companies that have recently bought back their own shares. Last week Fried added two new positions to the model. On January 5th, Fried added Coach Incorporated (NYSE: COH). […]
Monthly Archives: January 2011
Cupcakes have been a dessert staple for several years, and many believe that it’s a trend set to be around for a while. At least, that’s what the 57th Street General Acquisition Corp is hoping since it is buying Crumbs Bake Shop next month, a deal that will result in […]
The terrific public radio show This American Life tackles this week what host Ira Glass calls “the most stoner question we’ve ever posed: ‘What Is Money?'” Along they way they enter the bowels of the Federal Reserve, learn why Brazil created a fake currency, and consider what giant stone coins […]
The data and chart are from the United Nations. Bill Luby adds some detail on the rising prices: Among the various sub-indices, the most dramatic increase has been seen in sugar, which is up 51% in just four months and is up a staggering 239% over the course of the […]
David Tepper—a renowned value investor, hedge fund manager, and founder of Appaloosa Management—disclosed today that he has a 7.35 percent stake in Dean Foods Co (NYSE: DF). Tepper is probably best known for his strategy of investing in bank stocks during 2009 when other investors were running away from them. […]
See important disclosures Manager Douglas Estadt’s strategy is to wait for a credible growth story before adding a position to his Management Access model. He then looks for the news to be priced in before he sells. On December 23rd, Estadt added Optex Systems Holdings Inc (OTC Bulletin Board Market: […]
The good folks at Marketplace decided to pick up where the WSJ left off a couple years ago and restart man-on-the-street ‘what’s in your wallet?’ videos (WSJ did Charles Barkley, among others). Here’s their first effort: What’s in Your Wallet: Disney Concert Hall, Los Angeles from Marketplace on Vimeo.
The new $100 bill has overcome its initial difficulties and is now out and about. Here’s the official, dramatic unveiling video from the Treasury:
In Covestor’s Focus Value model (performance shown above – click to enlarge), the goal is to capture mispricing opportunities caused by market inefficiencies. On December 27th, Focus Value manager Analytic Investment added Puda Coal Inc (AMEX: PUDA) to the model. Many investors are looking to green energy providers for long-term […]
Despite the fact that the retail sector enjoyed its best holiday shopping season since 2006 in November and December of 2010, many retail stocks fell today. The reason behind the drop was that many stores’ December sales missed analysts’ expectations. Stores like Gap Inc (NYSE: GPS) which announced today that […]
That’s the total expected cost of the Iraq war, according to Joseph Stiglitz. How can you even grasp such gigantic numbers, which are thrown around daily to quantify government debt, the credit crisis and international policy measures? To help, graphic designer David McCandless created this animation in the format of the […]
If you were alive and old enough to be aware of trends in the early 1980’s, then you probably remember the big stir caused by the Commodore VIC-20, an affordable personal computer that was the first PC to sell one million units. That may not sound like a big number […]