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 his judgment and sanity. Ballmer just agreed to pay a record $2 billion to...Read More
There is no shortage of market opinion out there. Between CNBC, Fox Business and Bloomberg, there are 72 hours per day of non-stop financial chatter on television, and we haven’t said anything about the market segments of general news stations like CNN or the cacophony of voices on the internet. The challenge today is not...Read More
I joined David Asman on After the Bell today to talk about investing in China and Russia—two countries that have most investor running for cover. Chinese stocks—as measured by the iShares China Large Cap ETF (FXI)—are trading at roughly half their 2007 highs. Russian stocks—as measured by the Market Vectors Russia ETF (RSX)—have been trending...Read More
Microsoft (MSFT) unveiled its Surface 3 tablet on Tuesday, and I joined CNBC’s Adam Bakhtiar to discuss what it might mean for Microsoft’s prospects. The good news: It’s a fantastic product that blows the iPad out of the water. The bad news: Given the slowdown in the growth of the tablet market, I fear it’s...Read More
If you manage your own investments, changes are good you read dozens—if not hundreds—of articles every year offering advice on what to buy in your retirement portfolio. Most of the standard financial planning advice is, perhaps a little surprisingly, pretty solid. Ultimately, the size of your retirement portfolio is a product of the amount of...Read More