thinking ahead

Preparing for Dow 30 Earnings

good stats. Thanks

My 2008 Investment Prognosis

CAT is trading at 13X with a 10-15% growth rate as far as the eye can see. It also pays 2.1% dividend yield, and has a steady record of dividend increases. It also is buying back stock and sales are 60% non-North America. CAT is not a housing play or a US consumer play. Maybe it was 10 years ago, but now it is more sensitive to Brazil (on the ground over 30 years there) than to Toll Brothers. (dics: I'm long CAT)

Counterparty Risk and the Subprime Fiasco

This article is a complete waste of time. The whole point of the article is contained in the one bold sentence, and everybody already knows this fact anyway. Get off the air until you have something worthwhile to say.