Worthless: Thoughts on Investing in Collectibles

My favorite historical anecdote—and one that every investor should be forced to acknowledge reading before opening a brokerage account—dates to the era of the South Sea Bubble. A charlatan whose name is lost to history, published a prospectus for […] Continue Reading…

On Today’s Halftime Report: GDP, Spanish and German Stocks, and More

Watch the latest video at video.foxbusiness.com
I joined Varney & Company this morning along with Nicole Petallides and Liz McDonald to chat about our favorite stock sectors and the dismal revised first-quarter GDP report.

Consumer discretionary stocks have gotten killed this […] Continue Reading…

Will RadioShack Be Delisted?

Battled electronics retailer RadioShack (RSH) started the trading day down 14% on an earnings release that was worse than expected—and let me emphasize that expectations were not high going into the release.

Revenues for the quarter were down 13% year […] Continue Reading…

VIDEO: Microsoft vs. Sony–Who’s Winning the Video Game Console War?

This week the annual Electronic Entertainment Expo—or “E3” among gamers—kicks off, and all eyes are on Microsoft (MSFT) and Sony (SNE), makers of the Xbox One and PlayStation 4 game consoles, respectively.  The focus this year for Microsoft—which presented […] Continue Reading…

The Clippers Make Social Media Stocks Look Cheap

Ballmer paid a P/E ratio of 133 for his #Clippers purchase based on last year’s estimate of operating income: http://t.co/TpX8pxjZib

— Charles Sizemore (@CharlesSizemore) May 30, 2014

If Steve Ballmer were still running Microsoft (MSFT) I would dump the stock, questioning […] Continue Reading…