Last year Boeing’s shares fell on bad news of its plane crashes, but its fundamentals were weak. This year its shares have fallen another 75%, but this time its fundamentals is the bad news. This is why great companies don’t always make for great investments. As I’ve written in the past, I am not one …
There are many great companies in the S&P 500 but, if you pay more for the stock than what the company is worth, you would be making a bad investment. And, in a market where many of the great companies have reached historically high valuations, the chances of making a bad investment increase substantially. Is …
When a Great Company is not a Great Investment – And How to Know the Difference Read More »
Anyone who knows me, knows I am not one to boast and say, “I told you so” (though I just did). However, as an investment advisor, I like to use cautionary tales to educate my clients and there’s been no bigger cautionary tale this year than the Uber fiasco. In my May 27 blog post …
When economic data is reported with great fanfare, the implication is that it’s important and should be taken into account when making investment decisions. The only thing the constant flow of economic data does is add complexity to your investment decisions, which could result in investing behaviors that are detrimental to your portfolio performance Last …
The great Uber Technologies fools the market in the latest IPO fiasco. Will investors ever learn? If you saw as it happened, you would have cringed. In the most hyped new stock offering in several years, Uber Technologies (NYSE: UBER) stock landed with a thud on the first day of trading. Although the stock has …
Was Uber’s Tank Empty Before the (IPO) Trip Started? Read More »