The masterful allocation of a company’s cash flow, over long periods, is the single greatest determinant of shareholder value for an investor. This is the conclusion in the 2012 book “The Outsiders” by William Thorndike.
As summer and the golf season fade, this is a good opportunity to reflect and see if there are lessons from the game applicable to other areas of life, like investing.
The sale price of The Washington Post Co. exposes just how far the industry has sunk. In the first half of this year, the iconic newspaper’s operations generated $138.4 million in revenue and lost nearly $50 million ($40 million of which was a non-cash pension expense).
A college education is one of life’s most important and costly investments. But what should college graduates do after they’ve earned their diploma to protect and enhance their return on this monumental investment?
The legal playbook for a large municipal Chapter 9 bankruptcy is largely undeveloped. Thus, the Detroit saga will establish new ground in the field of municipal bankruptcy.
If you were a Martian who just landed on Earth, you would be hard-pressed to tell from recent alarmist headlines that U.S. stocks had posted their best first half since 1999 and that most economic indicators were also improving.
The popular institutional investment strategy called “risk parity” has produced dreadful investment results this year.
Wouldn’t it be great if there were an online platform offering an easy and engaging way to sharpen skills and improve knowledge so your student can hit the ground running when school starts? Khan Academy fits the bill.
Two investment industry titans are on a crusade to call attention to the crisis in America’s retirement savings system.
Many investors are unaware of the significant risk that seemingly “safe” bonds pose to their portfolios.
Student loan debt has increased at a 14-percent annual rate since 2005 and now totals more than $1 trillion—more than credit card and auto loan debt.
Soccer in the United States has exploded in popularity among fans and participants. With the Indiana University men’s team winning its eighth national title last December and the Indy Eleven professional team getting ready to compete next April, soccer is only going to get bigger here. Unlike regular-season games, tournament games can’t end in a […]
Investors soon will have the opportunity to own a piece of an American landmark. The Empire State Realty Trust, whose signature property is the Empire State building, will offer shares to the public.
Facebook’s initial public offering on May 17, 2012, was the most highly anticipated IPO since Google’s in 2004. As we know now, Facebook’s $38-a-share IPO turned out to be a fiasco from the moment NASDAQ catastrophically botched the opening of trading.
Two recent episodes have regulators scrutinizing the role social media plays in the investment markets.
I’m old school when it comes to investing, so it baffles me that some professionals consider a tweet important to the investment decision-making process. But those 140 characters can do real damage when improperly used.
Economic and political spheres are abuzz with the recent discovery of a mathematical error made by Harvard professors Carmen Reinhart and Kenneth Rogoff in their seminal analysis of debt-laden economies.
Gold serves as a “fear index,” measuring investors’ level of fear and anxiety. Investors view gold as a store of wealth offering protection from inflation, credit defaults and economic Armageddon. Gold soared from $300 per ounce in September 2001 to $1,900 per ounce in September 2011. That’s no coincidence. September 2001 was marked by the […]
The calendar can provide the investment industry the sleight of hand needed to grab investors’ attention when advertising investment performance.
A number of academic studies have concluded narcissistic CEOs make poor choices that can cause the company and your investment to perish.
