Apple’s $17K Watch Is No Collector’s Item

Barron’s ran a piece over the weekend that reiterated some of the points I made last month on the launch of the Apple Watch (see “Swiss, It’s Not: Apple’s $17K Watch Is No Collector’s Item” for Barron’s take and […] Continue Reading…

Barron’s Comments On My Mortgage REIT Article

Writing for Barron’s this week, John Kimelman had some comments on my recommendation of mortgage REITs. (see “The Value in Non-Tech Nasdaq, Mortgage REITs” Subscription may be required.)

Here is an excerpt:
Regardless of market conditions, Wall Street has proven itself […] Continue Reading…

VIDEO: Stocks to Deliver Flat Returns Over the Next 7-10 Years

I joined CNBC Asia’s Street Signs last night to chat about the market’s prospects.

By just about any metric you want to choose, U.S. stocks are expensive today. At 26.9, the cyclically-adjusted price/earnings ratio (“CAPE”) is about 62% higher than […] Continue Reading…

Investing Lessons from House of Cards’ President Underwood

He may be a murderous bastard with no conscience, but if Frank Underwood were a real-life candidate for the presidency, I would vote for him.

Frank Underwood is not a real person, of course. He’s the crooked politician portrayed by […] Continue Reading…

Kinder Morgan: Filing Your Taxes After the KMP-KMI Merger

Investors in Kinder Morgan Energy Partners (“KMP”), Kinder Morgan Management (“KMR”) and El Paso Pipeline Partners (“EPB”) are now the proud owners of Kinder Morgan Inc. (KMI) after the reorganization of the Kinder Morgan empire last year. While I […] Continue Reading…