The first book that I ever read on investing was "The Warren Buffet Way" by Robert Hagstrom. This was shortly after I stumbled upon his company, Berkshire Hathaway (BRK.B: …
Articles
Why Brokers Leave Their Companies
My dad was in the financial services business for thirty six years. He got out of the Air Force when he was twenty five and spent his entire career with what was …
Navigating The Earnings Announcement
Most companies report their earnings on a quarterly basis. The earnings announcement is the official statement of a company's profitability. There is usually much anticipation …
Matched Sales and Tape Painting
The stock market crash of 1929 was fueled by many things, two of them were the practice of Matched Sales and “Painting the Tape”. One of …
Nike Selling Direct Through Amazon. What Would Teddy Roosevelt think?
Nike (NKE:NYSE) has announced that they are selling direct to consumers through Amazon(AMZN:NASDAQ). When I first heard the rumors about this, I had to wonder about the future of …
Nike Selling Direct Through Amazon. What Would Teddy Roosevelt think?Read More
Practical Advice From 116 Years Ago
An excerpt from the New York Times on September 10, 1901, two days after President McKinley was shot: ....."In view of these conclusions there is not much importance attaching to …
Required Minimum Distributions
Most people have either a 401k or other company plan through their employer or maintain a Traditional IRA to save for retirement. More and more, I've seen …
Theodore Roosevelt and Donald Trump
In studying the historical return of the stock market, there are few things more influential than the presidential administration in office at the time and their policies. It's …
THE MARKET MAKER’S WIT – 6/23/2017
WIT = "What I Think" " When everyone is laughing at me, and no one believes in what I endeavor to do, that's when I know I am headed in the right direction." …
Maybe Amazon should call Walgreens?
Amazon (AMZN) has shown an interest in the pharmacy business. What else is new? Walgreens (WBA) announced an agreement to buy Rite Aid (RAD) nearly eighteen months ago. …
Amazon’s Grocery Store Plans
Today, Amazon (AMZN) announced that they will be acquiring Whole Foods Markets (WFM) for approximately $14 billion or $42 per share. Amazon has been in the grocery business for …
How Soon We Forget Who We Hate
Behavioral finance has become a popular topic among financial advisors over the past decade or so. It is essentially the psychology behind investing decisions. Emotions play a big …