Archive for March, 2009
Invest with Main Street
With all the recent hub-bub about “Wall Street vs. Main Street,” maybe its time investors start taking stock of what Main Street wants. After all, it’s consumer demand which ultimately drives those sales numbers that seem to have been in free fall. Warren Buffett once described his philosophy of looking for businesses with “wide moats” [...]
read more »Boring business, Big returns
Okay, so Ralcorp (RAH) has delivered big returns just yet. In fact, the stock has traded roughly breakeven over the last year. But, in a year where the S&P 500 drops 40%, that’s not too bad. So, what is this company that has fared so well in such a bad market?
Investment Thesis
Ralcorp is a private [...]
USA Sovereign Wealth Fund
It seems that the market’s 500 point positive reaction to the US Treasury’s Public Private Invesment Program was a resounding vote of confidence. Then again, given the many headfakes the market has given us over the last year (anyone remember October’s 900 point day?), the market doesn’t seem the greatest judge of fiscal policy effectiveness. So, [...]
read more »Dell getting desperate
Dell unveiled their new ultraslim, the Adamo, a few days ago. The new laptop is a 13.4 inch “luxury” portable featuring no optical drive, a long life sealed-in battery, edge-to-edge glass screen, and a solid state hard drive comes at the very affordable starting price of $1999. Does this sound familiar? A MacBook Air, perhaps? [...]
read more »Internet content reaching critical mass
Two months after Hearst announced its intentions to divest or shut down the Seattle Post-Intelligencer, the Seattle PI is set to become the largest and (arguably) the first newspaper to convert from print to web only delivery. This comes after the Christian Science Monitor announced intentions to cancel daily print editions in favor of a [...]
read more »Does this rally signal the bottom?
A cute one-liner to end the last night’s SNL:Weekend Update is surprisingly apt. Last week marked the first time we’ve seen four consecutive positive closes in the markets since 2007. Those of us with long biases in our portfolio were finally given a little bit of respite from the onslaught of relentless selling. Does that [...]
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