Description: Jim Klinge sighed as he made his way through a foreclosed home littered with empty bottles of rum and mattresses. It was 2008, and Klinge, a real estate agent, was filming a YouTube (GOOG) video for his blog documenting the housing crash in the cul-de-sacs and condos north of San Diego. As he opened… Read more »
Posts By: Brahm Canzer
Markets charge ahead
Description: With all major indices up about 10% so far this year, investors are optimistic that 2013 will be a robust year for the economy. Source: CNNMoney.com – video report Date: Mar 29, 2013 Link: http://money.cnn.com/video/investing/2013/03/29/news-markets-q1.cnnmoney/ Questions for Discussions: Summarize the state of the US stock market. What explains the change in performance? What explains… Read more »
Why bond funds and ETFs are breaking
Description: End of an era? Bond portfolios, investor hopes show wear and tear Source: Marketwatch.com – video report Date: Mar 29, 2013 Link: http://www.marketwatch.com/story/why-bond-funds-and-etfs-are-breaking-bad-2013-03-29 Questions for discussion: Explain the reasons for difficulties facing bond fund managers? How are they responding? Are there any alternatives that have not been considered?
Dell: We’ve got 99 problems but the bid ain’t one
Description: Dell Inc. (DELL) today filed a proxy statement, detailing the process leading up its its $24.4 billion buyout proposal from CEO Michael Dell and private equity firm Silver Lake Partners. The proxy also includes details from the company’s recent “go-shop” period, which resulted in nonbinding indications of interest from The Blackstone Group (BX) and… Read more »
The Troubling Return of Credit Bubble Factors Like CDOs
Description: Data point No. 1: Banks are back to hawking complex derivatives that magnify bets on corporate debt. Data point No. 2: For the first time since the financial crisis, JPMorgan Chase (JPM) is set to resume selling securities tied to home loans that aren’t backed by the government. Add a third development—the feverish revival… Read more »
Reluctant Bulls Key for Birinyi Amid Record S&P 500 Rally
Description: The Standard & Poor’s 500 Index (SPX)’s record rally probably has another year to go as investors give up their pessimism and buy, according to Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market began. Source: Bloomberg.com Date: Mar 29, 2013 Link: http://www.bloomberg.com/news/2013-03-28/birinyi-says-buy-mining-technology-shares-as-bull-ages.html Questions for Discussions:… Read more »
Nike soars – It’s gotta be the shoes!
Description: Shares of Nike surge after the athletic apparel retailer reported better-than-expected earnings, despite worries about weak sales in China. Source: CNNMoney.com – video report Date: Mar 22, 2013 Link: http://money.cnn.com/video/investing/2013/03/22/investing-the-buzz-nike.cnnmoney/ Questions for Discussions: Why was Nike expected to perform poorly in the last quarter? What is the explanation for its success? What do these… Read more »
How to Play Lululemon
Description: Option Pit Mentoring COO Mark Sebastian discusses his Lululemon trade. He speaks on Bloomberg Television’s “Lunch Money.” (Source: Bloomberg) Source: Bloomberg.com – video report Date: Mar 22, 2013 Link: http://bloom.bg/11sB7QT#ooid=JoZDhlYTrKI2yBsgQJNQoRU7RdG3LP_n Questions for discussion: Explain the play in Lululemon presented in the report and the reasons for this thinking? Do you agree with this strategy?… Read more »
New Critical Warning as 2013 shocker looms
Description: (MarketWatch) — Yes, another dark “shocker” before the end of the year, an unexpected “black swan.” And sadly for Fed Chairman Ben Bernanke — who hopes his “I saved America from economic collapse” illusion stays intact till he leaves office — he’s not going to get a dream ending to his Fed career. Source: … Read more »
When David Einhorn Talks, Markets Listen—Usually
Description: It was shaping up as an especially good episode of The David Einhorn Show. The founder of the $8.8 billion hedge fund Greenlight Capital was speaking in May 2012 at his favorite venue, the Ira W. Sohn Investment Research Conference, held that year at New York’s Lincoln Center, to a packed audience of money… Read more »
