“True, the state’s increased role in times of crisis is a natural reaction to market setbacks. Instead of streamlining market mechanisms, some are tempted to expand state economic intervention to the greatest possible extent. The concentration of surplus assets in the hands of the state is a negative aspect of anti-crisis measures in virtually [...]
Fiat’s and Chrysler’s new partnership is borderline good or, at a minimum, a non-event for Chrysler. It’s great for Fiat, but horrible for General Motors (GM) and Ford (F). Chrysler gets access to Fiat’s technology and smaller cars. That’s good but Fiat doesn’t appear to be willing to throw a lot of cash into Chrysler’s [...]
SuperValu‘s name and ticker symbol, SVU, are quite contradictory. One indicates a value manager’s dream–super value, a great investment–while the other is an acronym for the special victims unit–a value trap, a value investor’s nightmare. Which one is it? I believe it is the great investment. SuperValu is the fourth-biggest grocer in the U.S., if [...]
I’ve received so many emails about the WSJ front page article in which the Russian expert, a professor and ex-KGB agent predicts that the US will falter and be split up into five zones (see map below, here is a link to the original article and here is a link to his video interview) and [...]
A basic property of religion is that the believer takes a leap of faith: to believe without expecting proof. Often you find this characteristic of religion in other, more unexpected places–like the stock market. It takes a while for a company to develop a “religious” following: Only a few high-quality, well-respected companies with long track [...]