Business and Investment Philosophy Archive
How To Destroy Your Ability To Understand Economic Reality: Get A Phd In Economics
August 4, 2008 · Category: Business and Investment Philosophy, Real Estate
Turmoil in the housing market has led to fears that home prices will drop precipitously..... But the projected losses have been wildly exaggerated. Most Americans have not experienced any significant declines in the value of ...
Posted by Greg Feirman · No Comments »
Monday Reading: The Big Picture
July 28, 2008 · Category: Business and Investment Philosophy, Geopolitics, Macro Economics, Market Commentary, Stocks
I've come across some really good pieces the last couple of days that I want to share:
"Generalists can have some advantages, including being able to 'focus on the true, single hinge issue' of a company', ...
Posted by Greg Feirman · No Comments »
The Wisdom Of John Mackey
May 27, 2008 · Category: Business Culture and Current Events, Business and Investment Philosophy
I want to recommend to everybody John Mackey's excellent commencement speech delivered at Bentley College on Saturday May 17, 2008, recently posted to his Whole Foods blog.
Mackey, the Founder and CEO of Whole Foods (WFMI), ...
Posted by Greg Feirman · No Comments »
Feature Articles On Two Contemporary Investment Stars
May 12, 2008 · Category: Business and Investment Philosophy, The Investment Advice Business
Bill Miller: The New York Times today did a feature article on Legg Mason's Bill Miller, who beat the S&P 500 for 15 straight years from 1991-2005 before faltering the last few years: "Humbler, After A ...
Posted by Greg Feirman · No Comments »
Toyota’s Culture Of Excellence
May 6, 2008 · Category: Business and Investment Philosophy, Stocks
How has Toyota stayed ahead of the pack?
The answer has a lot to do with another distinctive element of Toyota’s approach: defining innovation as an incremental process, in which the goal is not to make ...
Posted by Greg Feirman · 1 Comment »
Best Buy Is A Value Trap
Despite the challenges, the company's solid fundamentals make the stock especially attractive for long-term investors. The shares are trading at a historic low multiple of about 12.5 times estimated fiscal 2009 earnings.... In more normal ...
Posted by Greg Feirman · 2 Comments »
Why Homeowners Can’t Cut Their Losses
"Even a small loss evokes a sense of frustration. There's something magical about 'at least breaking even'."
- David Laibson, Behaviorial Economist, quoted in "Be It Ever So Illogical: Homeowners Who Won't Cut the Price" , The New ...
Posted by Greg Feirman · No Comments »
Sentiment Shift: Many Call A Bottom
March 24, 2008 · Category: Business and Investment Philosophy, Market Commentary, Sentiment Analysis
In investing, opportunities arise when perception and reality diverge. Hence, it is important to understand not only reality but perception as well.
This is a difficult concept to understand but, in my opinion, is the key ...
Posted by Greg Feirman · No Comments »
Random Roger On The Art Of Market Timing
March 10, 2008 · Category: Blogs, Business and Investment Philosophy
This is a point in the cycle where it is easy to get fooled. The market is down almost 20%, I'm sure if you looked you could find an indicator or two to tell you ...
Posted by Greg Feirman · No Comments »
Ken Fisher Knew Something That Wasn’t So
February 25, 2008 · Category: Business and Investment Philosophy, The Investment Advice Business
Don't buy it. For months now the debate has been over whether America will have a hard landing or soft landing, the answer hinging on how big 2007's housing disaster turns out to be. Well, ...
Posted by Greg Feirman · 12 Comments »
