Bruce Berkowitz (Trades, Portfolio): Fairholme’s latest internal figures have Sear (NASDAQ:SHLD) at a net asset value (NAV) of over $90 per share. This figure has been dramatically reduced over time due to the retail cash burn. We come up with the $90+ per share based upon the remaining real estate of the company – including long-term leases, which we have significantly discounted to....More>>>
U.S. home prices are on a roll. And as we head into the New Year, I am expecting another record year for home prices in 2018. Today, I am going to reveal the safest, easiest and most profitable way to benefit from this trend.
Fueled by record-low interest rates and housing inventories, home prices in the United States hit another all-time high in 2017.
The S&P CoreLogic Case-Shiller....More>>>
On Friday, our Elite Opportunity Pronewsletter suggestedhad this to say about gold and leveraged gold ETFs:
It’s our thinking gold is likely to reverse its recent bullish trend one more time before we’ll know if it wants to finally bottom for a good while. It’s important to remember hindsight is always brilliant, and it can make a fool out of anyone. However, we’re....More>>>
Pot stocks have delivered triple- and even quadruple-digit returns to investors in 2017. For example, Amfil Technologies Inc. (OTCMKTS:AMFE) has exploded a massive 1,942.8% so far this year.
Video5 Things Marijuana Investors Need to Know Now
But there’s still risk involved in this industry, as you’ll see when we detail this recentmarijuana penny stock scandal. Afterward,....More>>>
Saddle Brook, NJ, based Investment company Bulldog Investors, LLC buys Japan Smaller Capitalization Fund, Great Elm Capital, Putnam Highome Securities Fund, Central Securities, Clough Global Equity Fund, Delaware Enhanced Global Dividend of Beneficial In, Credit Suisse Asset Mgmtome Fund, New Ireland Fund (The), Delaware Investments Dividend &ome Fund, Liberty All-Star Equity Fund, sells First....More>>>
This is part of a series of stories that comprise TheStreet’s Blue Chip Studio, which will illuminate issues related to corporate board performance, activism, dealmakers and personalities revealed by analysis of data generated by BoardEx, a business unit of TheStreet.
BlackRock (BLK), the world’s largest asset manager, said it will be putting pressure on companies to address boardroom....More>>>
One popular approach to investing based on Benjamin Graham’s methods is to use the so-called “Graham Number.” There are some important differences between the Graham Number and the Graham Formula, but using the Graham Number is definitely useful even if the investor only uses it as a screening tactic.
I have selected the best companies trading below their Graham Number.....More>>>
January 10, 2017: Markets opened mixed again Tuesday as the blue chips got off to a slow start. The DJIA peake in the middle of the day and slid back into the red with about an hour left this afternoon. The Nasdaq even posted another all-time high at 5,564.25 early this afternoon. Healthcare and financials were leading sectors while real-estate and energy lagged. WTI crude oil for February delivery....More>>>
US President Donald Trump signs an executive order as Vice President Mike Pence looks on at the White House in Washington, DC on January 20, 2017. (Photo credit: JIM WATSON/AFP/Getty Images)
President Donald Trump wasted no time in chipping away at the Patient Protection and Affordable Care Act (sometimes called “ACA” or “Obamacare”). Today, shortly after he was sworn....More>>>
William Patalon III
“History does not repeat itself, but it often rhymes.”
-Attributed to Mark Twain
My 9-year-old son, Joey, has totally flipped over the new NBC drama Timeless.
The series is ostensibly about time travel, but it’s really about history – a topic that Joey loves.
Like father, like son…
As you folks know, I’m....More>>>