Category Archive: Finance, No picture
E Apple Shows How Successful Companies Deploy Their Capital
Apple (AAPL) is not only the most valuable company in the world and a world-class hardware manufacturer, the company also is a showcase in corporate capital allocation. Company Overview Apple, which was founded in the 1970s, has turned into a hardware giant that offers smartphones, tablets, computers, media devices, etc. On top of that Apple […]
Yale Provides Update On Its Asset Allocation
There’s a lot to learn from college endowments but very little to directly copy. The Yale Endowment posted its results and its asset allocation. It said the return was 12.3% for the year ending June 30th, 2018 which is almost identical to the return of the S&P 500 but the endowment’s allocation looks nothing like 100% […]
EC Q3 Earnings Season Brings Growth Deceleration
Here are the key points: The big banks will put the spotlight on the Q3 earnings season when they start reporting results on October 12th, but the reporting cycle has officially gotten underway already, with results from 19 S&P 500 members out. It is premature to draw any conclusions from the results thus far, but […]
Think You’re Prepared For The Next Crisis? Think Again
Scottish poet Robert Burns aptly penned the famous phrase: “The best laid schemes o’ mice an’ men/Gang aft a-gley.” (commonly adapted as “The best laid plans of mice and men often go awry.”). How right he was. History has shown time and time again that the only 100% predictable outcome to any given strategy is that, when […]
Energy ETF (FXN) Hits New 52-Week High
For investors seeking momentum, First Trust Energy AlphaDEX Fund FXN is probably on their radar now. The fund just hit a 52-week high, and is up more than 42% from its 52-week low price of $12.83/share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on […]
Einhorn’s Greenlight Exits Apple, Buys Altice USA And BT Group
David Einhorn’s Greenlight Capital sold the last of its Apple (AAPL) long position on August 31 at a price of $228 per share, the firm announced in its quarterly letter sent to investors, a copy of which was obtained by The Fly. Greenlight says its “differentiated thesis” from 2011 on Apple has now “become consensus” […]
What Are Seth Klarman’s Plans For Viasat Inc?
Seth Klarman’s Baupost controls more than 23% of Viasat Inc (Nasdaq:VSAT)’s outstanding shares. Baupost has been a decade-long investor in this sleepy stock. Viasat Inc’s shares trade pretty much at the same price they were trading five years ago. This week Seth Klarman filed a 13D and disclosed the following: “Baupost has been granted observer rights […]
U.S. Construction Spending Remains Upbeat: 3 Fund Choices
The U.S. Commerce Department reported on Oct 1 that domestic construction spending picked up in the month of August. Such an increase was achieved on the back of higher government spending, which touched its highest level since 2009. Further, a steady increase in expenditure on new federal, state and local construction projects made up for […]
