Archive for July 2007
Commercial Real Esate Is Cracking
July 19, 2007 · Category: Real Estate, Stocks
The Dow Jones Real Estate Index peaked in February and is down about 20% since then. Because the stock market is a leading indicator and a similar peak in homebuilder shares in the Summer of ...
Posted by Greg Feirman · No Comments »
Epidemic Narcissism Among The Younger Generation
July 19, 2007 · Category: Kids and Money, Culture and Current Events
Epidemic adj.: Spreading rapidly and extensively by infection and affecting many individuals in an area or a population at the same time.
Narcissism n.: A psychological condition characterized by self pre-occupation, lack of empathy and unconscious ...
Posted by Greg Feirman · No Comments »
Punk Ziegel’s Richard Bove Downgrades The 5 Largest Investment Banks To Sell
July 19, 2007 · Category: Market Commentary
"I do not view this as a Bear Stearns problem, but a systemic one."
"This could force a wide variety of other holders of subprime mortgage securities and CDOs to meaningfully revalue their holdings. That would cause ...
Posted by Greg Feirman · No Comments »
Laotian Immigrant, Based in Temecula, CA, Jerry Yang Wins The 2007 World Series of Poker Main Event
July 18, 2007 · Category: Culture and Current Events, Gambling
This morning around 4:00am, after 16 hours of final table play, Jerry Yang, a 39 year old, father of 6, Laotian immigrant based in Temecula, CA, who has only been playing poker for 2 years, ...
Posted by Greg Feirman · No Comments »
Bear Stearns Says Its Hedge Funds Essentially Worthless
It seems like the biggest story of the last 4 weeks, the problems at two Bear Stearns hedge funds involved in subprime mortgage backed securities, is coming to an end. In a letter to clients ...
Posted by Greg Feirman · No Comments »
Kirk On Socially Responsible Investing
July 15, 2007 · Category: Business and Investment Philosophy, Business Culture and Current Events, Blogs
Kirk has a post up from last Monday on Socially Responsible Investing that I want to recommend to you all.
Alot of people have no interest in socially responsible investing because they believe that investing this ...
Posted by Greg Feirman · No Comments »
In Defense of John Mackey
July 13, 2007 · Category: Business Culture and Current Events
The big gossip story on Wall Street the last couple of days is the revelation that John Mackey, CEO of Whole Foods, posed as a character by the name of "Rahodeb" (an anagram on the ...
Posted by Greg Feirman · No Comments »
Yeah, I Dunno What To Say: Dow and S&P 500 At All Time Records On Biggest Up Day In 4 Years
July 12, 2007 · Category: Market Commentary
"What you're seeing is a very cautious shopper that's pulling back on major purchases."
- Donald Soares (subscription required), Principal at Capgemini's retail practice
"This is a remarkable two-day turnaround."
- Uri Landesman (subscription required), Senior Portfolio Manager, ING Investment ...
Posted by Greg Feirman · No Comments »
“Notable Calls” Added To Top Gun Blogroll
July 12, 2007 · Category: Blogs
One of the challenges all of us in the investment business, and in modern life generally, face these days is dealing with information overload.
There is so much excellent information out there. But if you try ...
Posted by Greg Feirman · No Comments »
AIDS Drugs Power Foster City, CA Based Gilead Sciences
Foster City, CA based Gilead Sciences (GILD) has been on a tear the last 2 years - up more than 250% - on the strength of its leading suite of AIDS drugs: Truvada, Atripla and ...
Posted by Greg Feirman · No Comments »
