Jamal Carnette

All Posts

  • Apple's Schadenfreude

    By Jamal Carnette - November 22, 2012 | Tickers: AAPL, GOOG, MSFT, SBUX

    Being a youth in the 90s has made me uniquely suited to be a patient investor. This decade was essentially bookended by the election of a charismatic president that came from a single parent household to that same president committing one of the largest personal transgressions the Oval Office has ever seen. Unlike the 80s yuppies, whose gift to society was “be perfect at all costs,” our mantra was “you more »

  • Leverage and Your Portfolio

    By Jamal Carnette - November 5, 2012 | Tickers: ACI, D, K

    It is apparent when I read financial publications, listen to financial news, or even discuss finance with friends that leverage is the most misunderstood concept in finance. We have all heard the popular refrain “this is a solid, debt-free company,” or “this company has too much debt for my liking.” The problem with this line of thinking is that it is myopic. Debt used correctly can be an effective part more »

  • The Incredible Zero Beta Stock

    By Jamal Carnette - October 26, 2012 | Tickers: DG, IYR, GLD | Editor's Choice

    How many times have you been at a party, a barbecue, or some other social function when the stock market is discussed? There is the obligatory “nattering nabob of negativity” that is typically incorrect. Generally it is one person, who is ill informed, stating rehashed lines that are chock-full of wealth-destroying advice. We have all heard Mr. Negativity say “the economy is lousy,” “the unemployment rate is too high,” or more »

  • Why High-Frequency Trading Has to Go

    By Jamal Carnette - October 22, 2012 | Tickers: FB, KRFT

    During a recent conversation with my prior boss, a discount brokerage manager, he confided that business is not doing well. I asked him for reasons, and was shocked by his response. His answer was simple; people just don’t trust the market anymore. He felt that high-frequency trading (HFT) has eroded the average retail investor’s confidence so much that it has the potential to ruin our capital markets, and more »