It isn’t as important to buy as cheap as possible as it is to buy at the right time.
January 12, 2015
The seemingly sudden collapse of commodity prices has made news in the press. Oil declined close to 50% in just a few weeks. The press claimed it was due to increased U.S. shale production and slowing global demand. While these two factors are valid, I believe, they are on the margin. What’s not on the margin: Americans...
November 10, 2014
“Ben, will you read this and tell me if anything jumps out at you … or at least surprises you,” I asked my seventeen-year-old grandson. We were in my Jeep heading to the golf course when I had handed Ben a copy of Investors Business Dailey. In the paper was an article about Rowland Macy, the founder of Macy’s Department Stores. Before...
September 04, 2014
If you were to become a “rich man” would you live differently than you currently do … as in showcase your wealth? Most of us could never imagine that a friend could be one of the richest persons in the world … and that we would never know it. A person’s persona can conceal --- or show --- a great deal. Our impression...
August 11, 2014
As I entered the locker room, I heard my name called out. Cringing, I stopped and turned around slowly. The man who had called my name, “Cam” Deveny, walked up to me to ask what I knew would be the inevitable question. “Frank, what did General Electric do today?” “I don’t know,” was my answer. “Well,” he went on “then what did the...
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