Crude oil prices have plunged by 50% in less than half a year and the related public energy industries have seen stock declines of between 13% (Integrateds) and 45% (Drillers). Warren Buffett’s Berkshire Hathaway is sitting on over $50 billion in cash, not to mention the mammoth flows of capital washing in each month from his…

My pal Bob Peck has increasingly become one of the most well-regarded analysts in terms of what’s going on at Twitter. Bob has the stock rated at Buy. Full disclosure: I own some shares too, purchased on the IPO. Anyway, Twitter’s been kind of a basket case for investors since it’s gone public, with lots…

Everyone wants to talk about the huge increase in oil production across North America thanks to new shale fracking techniques that hadn’t really existed a generation ago. And this is a true story. But there is another true story that no one seems to want to discuss: We use less of it too. Our cars…

“New all-time highs” Just reading or hearing the term itself engenders a certain kind of hysteria in people. It suggests that things are about to tip the other way any second, as we all carry within ourselves a cognitive defect known as the Gambler’s Fallacy. We innately believe that random occurrences are meant to balance…

Cartoon by Hugh MacLeod For me, the new year officially starts tomorrow. And my god, do I have my work cut out for me. This month, my team rolls out a set of completely revamped asset allocation models for 2015. I think we’ve absolutely nailed it with this iteration, the crystallization of years of thought…

In case you missed it, my pal Art Cashin’s annual New Years poem came out the other day and the cleverness is overflowing, as always… ‘Tis the day before New Year’s and despite what you’re hopin’ The folks in the Boardroom say “the full day we’re open” So we’ll buy and we’ll sell as the…

The sports world lost a giant this morning, as ESPN’s Stuart Scott died of cancer at the age of 49. He was game-changing in the early 90’s and excellent as the host of SportsCenter in the two decades since. Here he is accepting the perseverance award at the 2014 ESPYs last month…