“A billion dollars ain’t what it used to be.” Bunker Hunt reportedly said those words in the early 1980s after the Hunt brothers lost a large chunk of their family fortune in their ill-fated cornering of the silver market. But John Paulson must be thinking the same thing. After Monday’s 9.3% drop, Paulson has personally...Read More
The “Little Books” series has produced several memorable titles, such as Joel Greenblatt’s The Little Book that Beats the Market. Greenblatt offers a mechanical investing strategy that involves very little work on the part of the reader. You simply build a portfolio of 30 stocks from his screener and re-run his “Magic Formula” screen on...Read More
Charles Sizemore and Jeff Reeves give their latest thoughts on their picks for the 2013 Best Stocks contest: Daimler ($DDAIF) and Intel ($INTC) Charles Lewis Sizemore, CFA, is chief investment officer of the investment firm Sizemore Capital Management and the author of the Sizemore Insights blog.Read More
From Jeff Reeves at The Slant: It was a rough Thursday for PC stocks Microsoft (NASDAQ:MSFT), Intel(NASDAQ:INTC), Hewlett-Packard (NYSE:HPQ) and the like. That’s because late Wednesday, IDC reported PC sales slid nearly 14% in the first quarter, well below the 7.7% decline that was expected and the worst drop since the firm began tracking the sector in 1994. Ouch. To add insult to...Read More
It is truly a digital age: gold bugs have gone virtual. I’m talking about Bitcoin, of course. I realize that Bitcoin is not gold and has nothing to do with gold; it is a true cyber currency made of nothing but ones and zeros. But its popularity is driven by the same forces that have...Read More