The Bespoke Investment Group just posted a phenomenal resource for those keeping score, the Top Performing Stocks By Sector since the beginning of 2009. I was pretty surprised by some of the best in each group. I put up the energy stock top ten above, but I recommend you go and check out the whole…
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Taking In The Trash: Buffett and Gates Tag Teaming Republic Services (RSG)
Berkshire Hathaway and Cascade Investments have both just disclosed positions in Republic Services Inc (RSG), the second largest waste disposal company in the US. Cascade is the investment vehicle that manages Bill Gates‘ investments exclusively and Berkshire is obviously Buffett‘s holding company. We know they’re good friends, but this is the first time I’ve seen…
3Com Insider Trading Probe In Effect
The SEC is looking into what many people are calling a blatant sign of insider info on the Hewlett-Packard for 3Com acquisition according to Bloomberg (hat tip Zero Hedge). In case you missed it: More than 8,000 3Com calls changed hands on Nov. 11, 17 times the four-week average. The most active were contracts conveying…
Amazon's Top Ten Business Books of 2009 List is a Joke
I’ve just finished perusing Amazon’s Top Ten Business and Investing Books of 2009, both the editors’ picks and the customers’ picks, and I gotta tell ya – both are terrible representations of what was worthwhile reading this year. I’ll keep my critique relatively short and then give you the lists themselves. Feel free to chime…
The Coming Private Equity Default Crisis
There’s a book out called “The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis” and before you derisively sneer at what at first sounds like hysterical hyperbole in the subtitle, consider this bit of logic from Josh Kosman writing in today’s New York Post: “You better sit down,” the secretary…
Is China Frontin' On Us All?
In my opinion, this is the biggest potential story out there right now. The mere possibility that the China bears are right and that all of the growth there is smoke and mirrors could have cataclysmic consequences on a global scale, nowhere more so than here in Debtland, USA. If China collapses, what are the…
Saturday Night Video – Biggest Manta Ray Ever, Reservoir Turtles and Miles Brown
First up, a film crew captures the largest manta ray ever seen on film. Sick. [vodpod id=Groupvideo.3917520&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Next up, a brilliant mashup – Reservoir Turtles! [vodpod id=Groupvideo.3917532&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Finally, introducing Miles Brown (no relation)…this kid rules. [vodpod id=Groupvideo.3917590&w=425&h=350&fv=%26rel%3D0%26border%3D0%26]
States Are Eating The Stimulus Money, Not Stimulating With It
In this week’s Thoughts From The Frontline, John Mauldin looks at the prospects of recovery through the prism of what tax receipts look like. In an interesting aside, he sheds light on the fact that several states, their budgets and finances in disastrous condition, are using federal stimulus money to plug holes rather than fund…
Career Day 2009
Jeff Stahler/ The Columbia Dispatch
Seven Things You Should Know 11/13/2009
Seven Things You Should Know November 13th 2009 1. Earnings Season: More than 80% of S&P 500 companies beat their earnings estimates this earnings season, the average stock that beat estimates went up 1.32% on its report day, while the average stock that missed estimates went down 3.43%. (Source: Bespoke Investment Group) 2. Jobless Claims: …
