A lot has happened on Nov 17. Queen Elizabeth took the throne in 1558. Napoleon beat the Austrians outside Venice (and declared Piazza San Marco the “world’s most beautiful drawing room”) in 1796. On this date in 1855, David Livingstone…
View pageWinter is coming. But autumn is mighty fine this year in the Rockies, as my weekend photo from Yampa Street in Steamboat Springs shows. Winter follows fall and summer. Other things are less predictable, such as economic outcomes and if…
View pageWhy do you hold an Analyst Day? Traders and investors, these are what Joel Elconin on Benzinga Premarket Prep this past Monday called “the dog and pony show.” For the investor-relations profession, the liaison to Wall Street, it’s a big…
View pageIt’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…
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