Something was drastically amiss. I had turned the radio in my car to my favorite FM station, a boisterous “urban” format that’s best enjoyed loud. But that’s not what I was hearing. Not even close. I called a… Read More
Results
Never judge a stock by its share price. Just because a stock trades for $5 does not make it “cheap.” Conversely, a stock that trades for $100 is not necessarily “expensive.” Millions of investors ignore this. Mention a stock and the first question out of most investors’… Read More
Benjamin Franklin once referred to the magic of compound interest as the “8th wonder of the universe” for its ability to systematically accumulate wealth. Inflation, then, which systematically destroys wealth, must be an evil twin. Nothing is quite like the relentless… Read More
I hadn’t spoken to my friend Harriet for almost a year. We were really close in university, but with her living several hundred miles from me, we drifted apart. So a few weeks ago, I picked up the phone, dialed, and awaited with pleasure her cheery “Hello.”… Read More
With the weak economy, drug makers have been scaling back their drug development plans. The slowdown has trickled down to the so-called contract research organizations (CRO), which help pharmaceutical and biotechnology firms manage the necessary clinical trials for a drug to be licensed… Read More
An unprecedented level of industrial expansion during the past two decades has not only made China wealthy. It’s made the country really dirty. Now comes the clean up. Years of industrial growth, largely powered by coal, have left China choking in smog. Cities smolder… Read More
Bill Gates evidently made a New Year’s resolution last year — one that he didn’t say much about. Of course, when you’re Bill Gates you don’t have to say much to make the things you resolve happen. In fact, Gates may have only said… Read More
There are a plethora of Chinese ETFs already on the market, so what can investors expect from another offering? Emerging powerhouses of Chinese business. This ETF isn’t limited by size and has free reign to invest across… Read More
Oil at $200 per barrel: That’s what an analyst at Goldman Sachs (NYSE: GS) predicted in May 2008. At the time, oil had just hit a record high , surpassing $110 per barrel. A month later, the CEO of the Russian energy company Gazprom predicted $250 per barrel oil. Read More
Back in July, investors eagerly anticipated Alcoa’s (NYSE: AA) second quarter financial snapshot — not for any particular interest in the aluminum sector, but simply because the Dow component happens to kickoff earnings season each quarter. Fortunately, the company pleased the… Read More