Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Benjamin Graham

Cryptocurrency

A Cautionary Tale for ICO Investors

Instead, Monaco was trying to increase the value of its ICO; MCO, which apparently occurred on 19 June 2017. The idea was to use the claims about the Visa to raise Monaco’s price which apparently worked.

This sounds like “pump and dump;” a classic scam in which fraudsters issue fake claims to increase the value of a worthless stock they are selling. The difference is that pump and dump is being used to push ICO tokens rather than stocks here.

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Good StocksStocks

Why Facebook Is the One Technology Stock You Need in Your Portfolio

The bottom line is if you want your portfolio to grow, Facebook would be an excellent addition. If you want to buy one technology stock right now, Facebook would be a great choice.

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Good StocksStocks

United Health Group – The Value in Health Insurance

Beyond the existential reasons, UnitedHealth is just a good basic stock. It gave investors a dividend yield of 1.51% and a return on equity of 18.71% on September 30. In contrast, Amazon paid no dividend and offered investors a return on equity of 2.92% on a stock that was trading at $657.02 a share on November 10, 2015.

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Good StocksStocks

Some Modern-Day Widows and Orphans Stocks

The bottom line is that widows and orphans stocks still exist. You just have to know where to look for them.

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Long IdeasStocks

Could Google Start Underwriting Insurance Policies?

What this means is that Alphabet could quickly become a major player in the insurance business, much as it is a major power in advertising and directories. It also means that your insurance agency could go the way of the telephone directory, and your insurance agent could end up delivering pizza for a living.

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Long Ideas

Do Canadian Railroads Make Money?

Are railroads actually a value investment, or is it just certain companies such as the Union Pacific (NYSE: UNP), or UP? The Canadian transcontinental lines do have some interesting characteristics; after all, they do provide a direct transportation link between the West Coast and the Midwest that bypasses the U.S. West Coast ports and their labor troubles. Unlike some U.S. transcontinental lines, the Canadian railways also provide direct connections to the East Coast. These railroads are also well positioned to take advantage of the oil boom in the central continent, particularly Alberta’s oil sands.

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Good Stocks

Sysco: A Value Investment You Have Never Heard Of

If you are looking for a classic Warren Buffett-style value play, Sysco is certainly worth a look. It has many of the attributes Uncle Warren loves: It is not sexy, but it has a steady, widespread business that generates a lot of cash, and that business is growing.

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Good Stocks

Do Auto Insurance Companies Make Money?

Buffett’s classic theory is that insurance companies can generate a lot of float from the premiums. The idea is that large numbers of people send in premiums every month, so as long as the amount of payments taken in exceeds the claims paid out, the insurer has a big pile of extra cash it can tap.

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Good Stocks

Kroger an Underappreciated Value Stock

The numbers show us that the recent stock split has made Kroger one of the most under-appreciated and undervalued stocks around. It is also one of the best bargains in the market today.

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Long Ideas

Does Lending Club Actually Make Money?

Therefore Lending Club looks like a successful company but not a value investment. Its platform is achieving a lot of growth, but it is not making money the way PayPal is. This indicates that its business model could be flawed or at least seriously limited, so you should stay away from it for now

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