Archive for February 2010

Top Gun FP Client Note: Impressive 4th Quarter Earnings

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »

Mark Hart, The 37 Year Old Texas Hedge Fund Manager Who Bet Against Europe’s Debt And Won

February 24, 2010  ·  Category: Europe, Hedge Funds, Macro Economics
Bloomberg ("Corriente Said to Pay Backers After Europe Debt Bets", Bloomberg, February 23) and The Wall Street Journal ("How A Texan Bagged Europe", Gregory Zuckerman, The Wall Street Journal, February 24, C1) reported, and the internet is abuzz ...
Posted by Greg Feirman  ·  No Comments »

“Dollar Crisis” Author Richard Duncan On Europe’s Closing Bell

February 23, 2010  ·  Category: CNBC, Macro Economics
Richard Duncan's The Dollar Crisis: Causes, Consequences, Cures (1st Edition: 2003, 2nd Edition: 2005) is one of the best books of applied macroeconomics I've read and it is what really stimulated my thinking when I ...
Posted by Greg Feirman  ·  No Comments »

The Story Of Duane Reade

February 23, 2010  ·  Category: Business Culture and Current Events, Private Equity, Stocks
Andrew Ross Sorkin has a wonderful piece on the story of Duane Read, the Manhattan based drug store chain with 257 stores in the New York Area that was acquired by Walgreen's (WGN) last Wednesday, ...
Posted by Greg Feirman  ·  No Comments »

HP Numbers Tell Same Store Of Tech Recovery As Intel And Cisco

February 22, 2010  ·  Category: Macro Economics, Stocks
[Growth] was pretty broad and pretty linear.  Most of our segments saw very good growth. - Mark Hurd, CEO, Hewlett Packard Last Wednesday afternoon, tech behemoth Hewlett Packard (HPQ) reported earnings for the quarter ended January 31, 2010 ...
Posted by Greg Feirman  ·  No Comments »

Lowe’s Results Suggest Stabilization

February 22, 2010  ·  Category: Macro Economics, Market Commentary, Real Estate, Stocks
Our fourth quarter results suggest the worst of the economic cycle is likely behind us.  While the psychological impact of falling home prices and an uncertain employment picture continue to weigh on consumers, improving comparable ...
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: Two Stocks For A Range Bound Market

In range bound markets, 90% of the return comes from dividends.   - Vitaly Katsenelson, author of Active Value Investing: Making Money In Range Bound Markets (Wiley, 2007), on CNBC's Closing Bell, Tuesday February 16 In last week's ...
Posted by Greg Feirman  ·  No Comments »

Why The Fed Move Matters

February 19, 2010  ·  Category: Federal Reserve, Macro Economics, Market Commentary
Commentators seem to be split on the important of the Fed's 1/4 point hike in the discount rate yesterday after the close.  Some say it's meaningless and not to worry about it.  Others see it ...
Posted by Greg Feirman  ·  No Comments »

CNBC: Vitaly Katsenelson On Investing In Range Bound Markets

Investing In Range Bound Markets - according to Vitaly Katsenelson: (1) Trade More Actively (2) Increase Your Margin Of Safety (3) Hold More Cash (4) Buy Dividend Paying Stocks - 90% of the returns in range bound markets come ...
Posted by Greg Feirman  ·  No Comments »

Grotesque Front Page New York Times Hack Job On Tea Party Movement

February 16, 2010  ·  Category: Politics
When people start wearing guns to rallies, what's the next thing that happens? - Tony Stewart, a leading civil rights activist (according to the article), quoted in "Tea Party Movement Lights Fuse For Rebellion on Right", David ...
Posted by Greg Feirman  ·  No Comments »