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    • Fri Aug 1st 08:06 AM | Rating: 0 0
      Commented on:
      How Much Credit Is Too Much? Where AmEx Went Wrong
      For those of us who travel frequently outside the US, the Amex problems have been very obvious for a while. While Visa and Mastercard are widely accepted in Europe and Asia, Amex is not. The reason: they cahrge too much and are not flexible with merchants. Their other very profitable business, the Traveler's Checks (i.e. please keep my money and charge me for it!) is now defunct as well. With the widepread of ATM machines, and debit card holder can get a very good rate and get money only when they want it. Unless Amex changes its policies, it is bound to lose marketshare and profits even more.
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    • Tue Mar 18th 08:54 AM | Rating: 0 0
      Commented on:
      General Electric, Berkshire Hathaway: Winners in a Losing Market
      I think GE will do well even if US economy struggle as they are a truely global company with desireable products and well managed. I am amazed at the stupidity of many so called financial experts who think Apple, the one trick pony fad of the day, is worth more that GE with products used in every corner of the world from jet engines, to energy, to medical equiplments.
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