Do you want to change careers? Are you absolutely sure?
From my own career change to the stories I hear from my clients and workshop students, often we think we want to change careers when the problem is our work environment instead. If you find yourself stuck, unsure what to do next, or t
While what really matters for valuation in the long run is profits, in the short run some companies are awarded a premium valuation based on having a vastly superior growth rate. Tesla (TSLA) is famously posting massively negative earnings, losing $23,697 per car in the most recently reported quarter (3Q 2017) alone, so it is clearly not valued on a multiple to current profits.
One of the richest men in China has made a big bet on an icon of Europe’s automotive industry.
Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billion buying a stake of almost 10% in Daimler (DDAIF), making him the biggest single shareholder in the owner of Mercedes Benz.
Li, who’s estimated to be worth around $18 billion, has....More>>>
In 1993, I learned two of the most powerful investing lessons of my life… I was primarily trading emerging market stocks at the time. The big story was China. I was a broker specializing in foreign stocks, and my phone was ringing nonstop. Everyone wanted to buy Hong Kong stocks. That was a thrilling time for me… I had never made so much money before in such a short....More>>>
Insys Therapeutics (NASDAQ:INSY) has been bombarded with negative headlines over the last few months. Most of these stories focus on the past, what former employees did, etc. They have no bearing on the firm’s asset value or ability to generate profits in the future. As a result, Insys stock has become undervalued, and this is a good entry point
I believe this stock is the single best....More>>>
QCI Asset Management Inc. NY lifted its stake in Kellogg’s (NYSE:K) by 985.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,203 shares of the company’s stock after buying an additional 2,000 shares during the period. QCI Asset Management Inc. NY’s holdings in Kellogg’s were worth $143,000....More>>>
After casino mogul Steve Wynn stepped down in February from his position of chief executive at Wynn Resorts Ltd. (WYNN) – in the wake of sexual harassment allegations – questions have emerged about the future of the $18 billion luxury hotel empire that bears his name.
Now the plot thickens as Wynn’s ex-wife, Elaine, a 9.25% shareholder who co-founded Wynn Resorts with....More>>>
Warren Buffett, Wells Fargo’s biggest fan, says the Federal Reserve is making him reduce his stake in the embattled bank.
Buffett’s Berkshire Hathaway (BRKB) disclosed in a regulatory filing on Wednesday that it sold 7.1 million shares of Wells Fargo (WFC) for $384 million this week. It intends to sell an additional 1.7 million shares of Wells soon.
The fourth quarter of 2016 was the first quarter since the second quarter of 2014 that Macau’s gaming market grew at all. And the signs of life have given new hope to gaming investors with exposure to the world’s biggest gaming market.
But Las Vegas Sands Corp. (NYSE:LVS) may not have had as strong a quarter as competitors like Melco Crown Entertainment Ltd (NASDAQ:MPEL) and Wynn....More>>>
PNC Financial Services Group Inc. lifted its position in shares of Marriott International Inc (NASDAQ:MAR) by 207.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,000,670 shares of the company’s stock after bu
There have been some macroeconomic signs that America's housing boom is starting to show signs of fatigue, but those figures haven't really shown up in the earnings reports of most homebuilders. The one exception is Beazer Homes USA (NYSE:BZH). While most companies are still showing strong home
Sturm Ruger & Company Inc (NYSE:RGR) announced a quarterly dividend on Wednesday, August 1st, RTT News reports. Stockholders of record on Friday, August 17th will be paid a dividend of 0.34 per share on Friday, August 31st. This represents a $1.36 dividend on an annualized basis and a dividen