*See important disclosures. In Mark Holder’s Opportunistic Arbitrage model, the goal is to look for positions with long-term growth possibilities as well as opportunistic situations that leave companies trading below their intrinsic value. Last month, Holder added Lincoln National (NYSE: LNC) to the model. In a recent post for Seeking […]
Days between October 1 and December 31, 2010: 92 ExxonMobil (XOM) earnings for this period: $9,250,000,000 XOM earnings per day during this period: $100,543,478 Remember, this is earnings – not revenues. HT: Eddy Elfenbein
When buying a new car is cheaper than buying a used one – Edmunds.com The best time to buy an airline ticket – WSJ Don’t get an MBA – Philip Delves Broughton, The Economist Why we use debit cards instead of credit cards – David Evans
Intel (NASDAQ: INTC) announced today that the recently released Intel® 6 series support chips, which have been highly anticipated for months now, were issued with a design issue that has now been fixed. In the world of business, there are mistakes–and then there are mistakes. In INTC’s case, this faulty […]
At the supermarket, why do we all get the sense that we made the wrong decision in choosing a slow checkout line? Turns out that’s actually true most of the time, and until they change the organization method you can mathematically expect this frustrating experience to repeat itself more often […]
Assange gave an interview to 60 Minutes’ Steve Kroft, which aired last night. Banking executives couldn’t have been pleased to hear this part:
Washington State’s O Bee Credit Union is running a local scavenger hunt based on Microsoft’s Tags (QR Codes) and will give away $15,000 in cash prizes to some who successfully capture all 30 tags on their mobile phones.
One important driver of what we’re seeing, via Global Macro Monitor: Egypt’s a nation with sustained 9+% unemployment, and around 40% of Egypt’s population of just under 80 million live on the income equivalent of roughly $2 per day (AFP). Meanwhile, food inflation in Egypt is running at about 17% […]
In this remarkable Q&A with Francis Ford Coppola, the esteemed filmmaker suggests another approach to making a living in the field: We have to be very clever about those things. You have to remember that it’s only a few hundred years, if that much, that artists are working with money. […]
In Davos, questioning the wine and the art – Felix Salmon and Dan Arieli World market valuation heat map – Seeking Delta Big mac inflation versus official inflation rates – The Economist’s Daily Chart Super Bowl Indicator: The Secret History – Jason Zweig, WSJ John Paulson racks up a second […]
January 27th, which fell to $20.20 on January 28th. CMCSA closed at $23.31 on January 27th, then fell to $22.84 on January 28th. In other MA news, Verizon