It’s window-dressing. That saying suggests effort to make something appear better than it is. And it’s a hallmark of stocks in today’s Relative Value era where the principal way we determine the worth of things is by comparing them to…
View pageAre you Value or Growth? Depends what we mean, I know. S&P Dow Jones says it distinguishes Value with “ratios of book value, earnings and sales to price.” It matters because Growth is terrorizing Value. According to data from…
View pageWhere’s what going? Time? Hm. Money? Well. Yes. It abounds and yet it doesn’t go far. Why that’s the case is another story (I can explain if you like but it usually clears a room at a cocktail party). First,…
View pageWhat should you know about your stock, public companies? Well, what do you know about your business that you can rattle off to some inquiring investor while checking the soccer schedule for your twelve-year-old, replying to an email from the…
View pageThe Russell Reconstitution is so big everybody talks about it. And yet it’s not. The Nasdaq touted its role facilitating this year’s Russell reset, saying, “A record 2.37 billion shares representing $80,898,531,612 were executed in the Closing Cross in 1.97…
View pageDo stores sell coats in the summer? No, they sell bathing suits. They match product to consumer. Do you, investor-relations professionals? I’ll tell you what I mean. First, here’s a tease: I recorded a panel yesterday with the Nasdaq’s Chris…
View pageWhen I was a kid I read Ray Bradbury’s novel, Something Wicked this Way Comes, which plays on our latent fear of caricature. It takes the entertaining thing, a traveling carnival, and turns it into 1962-style horror. Not 2021-style of…
View pageThis Cinco de Mayo we’re grateful for tequila. Especially if you’re a Tech investor. Why are companies crushing earnings and revenue being pulverized by an imperious market? It’s easiest to say expectations for the future have diminished and so market…
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