What I'm reading this morning:
Stuff I’m Reading this Morning…
Twitter shares have tripled since the IPO has deep value investors take positions ahead of estimated 2023 EBITDA’s numbers. (WSJ)
Morningstar: Our Outlook for the Stock Market. (Morningstar)
MasterCard says this Christmas shopping season it was all about jewelry. (Quartz)
Brett Arends: “This time a year ago, the analysts who covered Netflix Inc. and Hewlett-Packard Co. were ready to spit. They hated them. So Netflix quadrupled. And Hewlett-Packard doubled.” (MarketWatch)
Okay tough guy, here’s your contrarian shopping list for 2014. (Bloomberg)
David Merkel is getting cautious here with his portfolios. (AlephBlog)
Active management in the 1920’s: “poor on average; appearing skilful most probably through sheer luck.” (Indexology)
WTF is going on in Turkey right now? (BusinessInsider) and (Bloomberg)
My book, Backstage Wall Street, available at Amazon
