A Few Serious Questions about Alibaba’s Financial Numbers

These discrepancies certainly call the proposition that Alibaba might be bigger than Amazon into question. They also raise some serious questions about the nature of ecommerce and investment in it.

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What is going on at Walgreens, Rite Aid and Fred’s?

All this indicates that the FTC has a very good point about Fred’s; it does not have the resources to operate all those Rite Aid locations. Fred’s reported revenues of $2.15 billion, a free cash flow of $28.25 million, assets of $740.88 million and cash and short-term investments of $5.692 million on October 31, 2016.

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Economic War on Trump Begins

The economic war on Donald Trump has begun and businesses will scramble to get off the battlefield.

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Authorities on Two Continents Target Bitcoin

The situation in Venezuela and Rivers’ bill should be wake up calls to all interested in tech. Luddites are growing in power and getting more aggressive, so everybody interested in modern technology should pay attention. Bitcoin will be their first target, after they are finished with the bitcoin miners the luddites will come for the rest of us.

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Tesla Goes into the Auto Parts Business

My prediction is that Tesla will start selling components to other automakers within a year or so. It will also start selling manufacturing services to other companies at some point. Most of the sales will be of batteries, but there should also be a market for drive trains, control systems for autonomous vehicles and motors as well.

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Can Trump Really Weaken the Dollar and will it Work?

We need to pay attention to Trump’s weak dollar proposal because it might have catastrophic results. Investors that pay close attention might find themselves in a position to cash in, in a big way.

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Investments to Dump in 2017

Gold, gold futures and gold-based ETFs. The precious metal went on a roller-coaster ride in 2016 rising to a high of $1,366.54 an ounce on July 7, but falling to a low of $1,128.90 on December 20, 2016. That is likely to be reported in 2017 with many investors taking big losses. Sinking currency prices in India and China are likely to drive gold prices by reducing the buying power of gold investors in major markets.

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Weird Investments that Might Pay Off

All of these investments are real risky and you’ll probably lose money but you never know. As Benjamin Graham liked to point out Mr. Market is completely insane and he often rewards off the wall investors while punishing conventional thinkers severely.

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Wall Street is now America’s Slum Lord

Private equity firms have become America’s biggest slum lords, two fascinating articles by Bloomberg’s Prashant Gopal revealed.

Private equity firms; such as Blackstone, Pimco, BlackRock and Colony Capital ,spent $25 billion buying up more than 150,000 foreclosed or unsold homes between the Great Real Estate crash of 2008 and 2012, Gopal’s research indicates. The houses are managed and rented out to working class families.

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