In the beginning, there was the griddle.
And the fryer. And the charbroiler, of course.
The chef standing over the griddle monitored the burgers or the eggs. The chef standing over the charbroiler monitored the chicken or the steak. The chef standing over the fryer shook up the fries and onion rings.
It was a cold, rainy morning at the Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) annual shareholder's meeting. Warren Buffett made a crack about it later while answering a question about climate change.
The drive at 5:30 a.m. from Lincoln, which is where the cheapskates stay, was black and wet with visibility of about 200 feet. Thoughtfully, the executive suite at Berkshire got together and opened the doors more »
This is the third in a series reviewing the favorite short candidates of the AdvisorShares Ranger Equity Bear ETF (NYSEMKT: HDGE), co-managed by John Del Vecchio and Brad Lamensdorf. The managers have a background in forensic accounting and analyze factors such as earnings quality and relative strength to determine which shares to short.
The fund is down 33 percent from its 52-week high as the market gains ground. But with more »
This is the second in a series reviewing the favorite short candidates of the AdvisorShares Active Bear ETF (NYSEMKT: HDGE), co-managed by John Del Vecchio and Brad Lamensdorf. The managers have a background in forensic accounting and analyze factors such as earnings quality and relative strength to determine which shares to short.
The fund is down 28 percent over the past year as the market has steadily gained ground. But more »
“You can’t short anything in this market because of the amount of money-printing.”
Fred Hickey, editor of the High-Tech Strategist, made this remark last week to Barron’s as part of its 2013 roundtable. If you agree with Hickey, you need not read any further.
But some contrarians insist today’s happy consensus that the market can only go higher is exactly the sort of sentiment indicator that generally more »
Baidu (NASDAQ: BIDU) has been jumping around lately as if it were an unknown small cap with inexplicable financials targeted by a short-selling web site. It fell from a 52-week high of $154 last spring to a low of $86 in early December, then bounced back above $100, at least briefly, this week.
But stay tuned: Each day is a grand new adventure for one of the most widely-held Chinese more »
Heard about the jump in U.S. housing starts in September? Looking for a stock to play the long-awaited recovery in the U.S. housing market?
Sure, you could buy a mortgage servicer like Wells Fargo or a homebuilder like KB Home. You could even buy a pure play like USG Corp. (NYSE: USG), a wallboard manufacturer.
Or, you could buy all these aspects of the housing industry, and others more »
Normally, we end these blog posts with disclosures, but I'll start with one: I'm a David Einhorn fan. I'm not sure how any literate person or cognizant observer of the market wouldn't be after reading his book, Fooling Some of the People All of the Time. Unless, of course, he or she worked for Allied Capital or the U.S. Securities and Exchange Commission.
But you more »
After consecutive precipitous declines in MAKO's stock price following consecutive disappointing system sales totals in Q1 and Q2, I started wondering what to look for out of Q3.
First, I looked at the history of system sales:
Next, I looked at what percentage of total system sales per year each quarter has represented (note: percentages may add up to 99 or 101 for a year due to rounding), and more »