QOTD: Speculative Behavior

When companies try to offer protection on credit or market capitalization, the process usually works for a while and then fails. It works for a while, because companies look best immediately after they receive a dollop of cash, whether via debt or equity. Things may not look so good after the cash is used, and expectations give way to reality.

The above comes from David Merkel’s latest post, which explains that when really smart, well educated people start behaving in increasingly speculative ways with their careers and their money, it’s usually an important warning sign for investors.

What's been said:

Discussions found on the web
  1. RPA in software testing commented on Nov 12

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2015/03/22/qotd-speculative-behavior/ […]

  2. DevOps Services commented on Nov 23

    … [Trackback]

    […] Here you can find 65645 additional Info to that Topic: thereformedbroker.com/2015/03/22/qotd-speculative-behavior/ […]

  3. Horse drugs for sale commented on Nov 26

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2015/03/22/qotd-speculative-behavior/ […]