In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
I like stocks because these questions are pretty easy to answer when it comes to publicly traded companies. You can look at things such as TTM revenue, free cash flow, and net income and quickly determine if a company is actually making money. More importantly, you can see if a company has a history of making money and the potential to make more money in the future.
Read More
PayPal will start disrupting the financial services industry as soon as it gets spun off by eBay Inc. (NASDAQ: EBAY). Expect PayPal to unveil its version of Apple Pay in the form of a souped-up Venmo and enter the banking industry, possibly by buying a bank.
Read More
Groupon has no float and, worse, no means of generating additional float.
Read More
You see the problem here. Technology is most likely to take the jobs of those members of the working and lower middle classes that make the most. It also takes the jobs that provide them with some upward mobility. This
Read More
If it is at a thrift store and somebody got rid of it, ask yourself why.
Read More
The oil industry may have just handed discount and dollar stores a huge Christmas gift. Gasoline prices in parts of Missouri are now below $2 according to Springfield News-Leader.
Read More
Women’s shoes, especially dress shoes. Lots of women have closets stuffed full of shoes. At some point, most of them end up donating those shoes. If you’re willing to buy shoes a couple of years out of fashion or classic looks, you can find some bargains here.
Read More
The bottom line is that the economy is not working for average Americans. Incomes are falling and destroying America’s economic health. Inequality is growing too as technology lets the affluent take advantage of opportunities such as the booming stock market while the average family has a hard time buying groceries.
Read More
It looks as if holiday shopping season 2014 could be something of a bust. That means 2015 could become a very ugly year for department stores with lots of store closings, cutbacks, restructuring, layoffs, and losses. The retail recovery could be turning into a retail apocalypse for the department store industry.
Read MoreDollar General is doing well right now, but the geniuses at its headquarters have figured out how to wreck the company: spend a fortune acquiring a failing rival for no reason. Worse, that acquisition would require them to essentially gut a successful existing business for dubious gains.
Read More