The Education of an Investor II: Quality > Price
It takes a man a long time to learn all the lessons of all his mistakes – Jesse Livermore It is better to buy a wonderful company at a fair price than a fair company at a wonderful price –…
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The Fast Growing Segment Driving URBN Stock And The Fallacy Of Being “Too Late”
To those of you who know me I might not be a Fashionista – but I know a good looking stock when I see it. In a column for Heard on the Street in this weekend’s WSJ Meg Tanaka turned…
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Dispatch From Wonder Land: Fed To Cut With Market At ATHs, CAVA Reaction Illustrates Wall Street’s Short Termism, Trump’s State Capitalism With American Characteristics, Buffett’s Secret Stock
For years one of my favorite columns in The Wall Street Journal was Dan Henninger’s Wonder Land which he sadly discontinued after 23 years this January. So I’m taking over for the day because yesterday was a whopper! While Henninger…
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Why I Threw In The Towel On SNAP
I’ve long been interested in Snapchat (SNAP) because of its popularity with young people and its large user base. But I threw in the towel on my small position this morning after yesterday’s 2Q25 earnings report. My thesis was that…
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The Market Is Expensive And The Risks Are High
The stock market continues to move higher since its April 9 low with the S&P now up more than 30% since then. The move is starting to defy logic as there are risks around tariff policy, the deficit and debt,…
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Gold Bugs Paradise Just Getting Started
When a stock is up 77% YTD I start to wonder if it’s time to take some profits. But after reviewing Newmont’s (NEM) 2Q25 results after the close Thursday, I believe investors are still skeptical about gold and the gold…
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ATHs Imminent, NKE Turnaround, NYC Votes Socialist
The S&P closed Thursday only a few points shy of a new All Time High. With Futures currently in positive territory, it appears the market will make another run at it Friday. While everyone loves a bull market, there are…
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Turnaround Brewing At DG
It’s been a long 2 1/2 years for Dollar General (DG) investors but there appears to be light at the end of the tunnel. A few minutes ago DG reported better than expected 1Q25 earnings. Comps increased 2.4% while operating…
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Reasons For Concern: Interest Rates, Tariffs, Valuation
The market was cruising along until a weak 20 year treasury auction in the middle of the day Wednesday sent interest rates soaring and stocks stumbling. Early Friday President Trump spooked markets once again by calling for a 50% tariff…
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Why I Suspect This Is A Bear Market Rally
I have been going back and forth over the last week or two: Bear Market Rally or Correction In An Ongoing Bull Market? In the wake of the strong bullish reaction to Google’s (GOOG/GOOGL) 1Q25 earnings report on Thursday April…
