Threats To The AT&T And Verizon Duopoly [View article]
"Without nationwide internet coverage these mobile devices would be useless."
The rejoinder to your thesis is in this sentence. Reliable mobile communication (i.e.; away from WiFi) costs hundreds of $ billions to build, maintain and operate. Gross margins and ROEs also tend to be far lower in telecom than software. Why would the big three bother when they have more lucrative (and certainly less heavily regulated) worlds to conquer?
Merrill Lynch (BAC) is fined $1.05M (not a typo) by Finra and ordered to pay $323K in restitution for failing to provide the best possible execution prices on certain transactions. "This matter ... was caused by a processing issue that has been corrected," says a BofA representative. [View news story]
This New Budget Proposal May Limit Your Annual Retirement Income [View article]
How many THOUSANDS of small businesses and professionals will STOP contributing to, or outright CLOSE, retirement plans that provide the only real retirement savings for millions of their employees because of this?
Three Reasons Why You Can Beat The Professional Investors [View article]
All true, but there's another aspect to index funds which few are aware of. Positions in most index funds are held in proportion to their public FLOAT rather than absolute market cap. That is, a company with very large insider holdings would be "under-represented" (relative to its total market value) in an index. This fact actually provides an additional advantage to active investors because firms with large insider positions have historically outperformed averages.
Three Reasons Why You Can Beat The Professional Investors [View article]
"A fund manager has a couple of incentives. 1) Keep his/her job 2) Increase his/her income however possible 3) keep clients happy long enough to keep #1 and #2 possible"
There's a very simple solution to this. Find a manager who has most (or ALL) of his/her money in the fund he/she is managing. Tweedy Browne (mentioned in the article) is a great example of this.
Question: Is an increase in real economic activity a REQUIRED precursor of hyperinflation? Or can it happen spontaneously, that is, without being preceded by (or concomitant with) a burst of real growth?
New Fed Data: Economy Drowning In Federal Debt [View article]
markrpat - 5 years ago the largest asset held by the U.S. was mortgages (via FNM, FRE, FHA etc.) and we saw how that worked out. Permanent subsidies (student loans are the current example) ALWAYS crash and burn, and require taxpayer bailout and/or monetization by the central bank. Iron rule of economics. Put more simply: bad money drives out good.
New Fed Data: Economy Drowning In Federal Debt [View article]
What does "prosperity" mean if not more people having access to more stuff?
Depends how one gains "access". If access happens because prices reflect true value added (as determined by free markets), productive incentives can be maintained. If certain parties can simply vote themselves access, however, productive incentives are destroyed. Are you saying that we've solved the scarcity problem, so now its a matter of simply dividing the spoils? If so, the people responsible for solving the problem have reduced incentive to be productive in the future.
New Fed Data: Economy Drowning In Federal Debt [View article]
Entitlement "engine"? YGTBK. Bureaucrats bearing subsidies and free money are no friend to the working class, with the long-term result often exactly OPPOSITE good intentions. Let prices fall to where the market clears - bankers and bureaucrats take the hindmost.
New Fed Data: Economy Drowning In Federal Debt [View article]
"And my [Buffett's] world would be a society with equality that treated everyone fairly."
So Obama delays the Keystone pipeline for a couple YEARS (the final decision was just pushed back another 6 months,btw) so that Warren's newest and biggest investment can reap record revenues and profits.
"Burlington Northern carries about 25 percent of the oil from the Bakken, said Krista York-Wooley, the railroad spokeswoman. The company can carry higher volumes from North Dakota or Alberta, she said."
Threats To The AT&T And Verizon Duopoly [View article]
The rejoinder to your thesis is in this sentence. Reliable mobile communication (i.e.; away from WiFi) costs hundreds of $ billions to build, maintain and operate. Gross margins and ROEs also tend to be far lower in telecom than software. Why would the big three bother when they have more lucrative (and certainly less heavily regulated) worlds to conquer?
Merrill Lynch (BAC) is fined $1.05M (not a typo) by Finra and ordered to pay $323K in restitution for failing to provide the best possible execution prices on certain transactions. "This matter ... was caused by a processing issue that has been corrected," says a BofA representative. [View news story]
Yea.
This New Budget Proposal May Limit Your Annual Retirement Income [View article]
This New Budget Proposal May Limit Your Annual Retirement Income [View article]
Three Reasons Why You Can Beat The Professional Investors [View article]
Smartest comment on the entire page.
Three Reasons Why You Can Beat The Professional Investors [View article]
Three Reasons Why You Can Beat The Professional Investors [View article]
There's a very simple solution to this. Find a manager who has most (or ALL) of his/her money in the fund he/she is managing. Tweedy Browne (mentioned in the article) is a great example of this.
Google Fiber Is A Growth Catalyst [View article]
No, not much. Maybe $50 billion or so. VZ spent $23 billion to pass just 15% of U.S. households.
Google Fiber Is A Growth Catalyst [View article]
What Is An Ecosystem And Why Does It Matter To Smartphone Makers? [View article]
QE Hides In The Shadows [View article]
New Fed Data: Economy Drowning In Federal Debt [View article]
New Fed Data: Economy Drowning In Federal Debt [View article]
Depends how one gains "access". If access happens because prices reflect true value added (as determined by free markets), productive incentives can be maintained. If certain parties can simply vote themselves access, however, productive incentives are destroyed. Are you saying that we've solved the scarcity problem, so now its a matter of simply dividing the spoils? If so, the people responsible for solving the problem have reduced incentive to be productive in the future.
New Fed Data: Economy Drowning In Federal Debt [View article]
New Fed Data: Economy Drowning In Federal Debt [View article]
So Obama delays the Keystone pipeline for a couple YEARS (the final decision was just pushed back another 6 months,btw) so that Warren's newest and biggest investment can reap record revenues and profits.
http://bit.ly/wF2I9G
"Burlington Northern carries about 25 percent of the oil from the Bakken, said Krista York-Wooley, the railroad spokeswoman. The company can carry higher volumes from North Dakota or Alberta, she said."
That's fair.