Credit Suisse takes $4.7 billion hit from Archegos hedge fund scandal; execs step down

Posted by & filed under Company Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Credit Suisse on Tuesday announced several high-level staff departures and proposed a cut to its dividend as it weighs heavy losses from the Archegos Capital saga. Source: CNBC.com – video report Date: Apr 06, 2021 Link: https://www.cnbc.com/2021/04/06/credit-suisse-cuts-dividend-on-hit-from-hedge-fund-scandal-investment-bank-head-and-chief-risk-officer-step-down.html Questions for discussion: Explain the fallout from this fiasco. Do you think management did enough to prevent this from… Read more »

Digital Boomerang: New Online Customers Drive Boost In Returns

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Industry Analysis, Personal Finance.

Description: New customers spent 144% more last year than they did in 2019, and that may be because there were more of them, judging by a new report from Alliant. Source: MediaPost.com Date: Apr 06, 2021 Link: https://www.mediapost.com/publications/article/362041/digital-boomerang-new-online-customers-drive-boos.html Questions for discussion: What do these numbers suggest about the online businesses serving the industry? How would… Read more »

One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

Posted by & filed under Company Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes. Even on Wall Street, few ever noticed him — until suddenly, everyone did. Source: Yahoo.Finance.com and Bloomberg.com Date: Mar 30, 2021 Link: https://ca.finance.yahoo.com/news/one-world-greatest-hidden-fortunes-002617417.html Questions for discussion: Explain what happened. What do… Read more »

Why Dollar Shave Club Co-Founder Michael Dubin No Longer Believes in DTC

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Dubin says the startup world has changed since he launched his men’s grooming brand 10 years ago. Here’s his advice for today’s founders. Source: INC.com Date: Mar 31, 2021 Link: https://www.inc.com/cameron-albert-deitch/michael-dubin-dollar-shave-club-lessons-ecommerce.html?utm_source=incthismorning Questions for discussion: Why does Michael Dubin no longer believe in the DTC model that made him a success? What else does he… Read more »

Intel is spending $20 billion to build two new chip plants in Arizona

Posted by & filed under Company Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Intel announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Chandler, Arizona. Intel stock rose as much as 5% on the news in extended trading on Tuesday. Source: CNBC.com Date: Mar 23, 2021 Link: https://www.cnbc.com/2021/03/23/intel-is-spending-20-billion-to-build-two-new-chip-plants-in-arizona.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What is so significant about the Intel announcement… Read more »

BorgWarner Shares Drop After New EV Vision Fails to Impress

Posted by & filed under Company Analysis, Economic Analysis, Financial analysis, Growth & Valuation, Industry Analysis, Management Issues.

Description: (Bloomberg) — BorgWarner Inc.’s attempt to garner more respect from investors for its effort to shift to electrification fell flat, triggering an 8% slide in the auto-parts maker’s shares on the day it presented its strategic vision. ​Source: Yahoo.Finance.com and Bloomberg.com Date: Mar 24, 2021 Link: https://ca.finance.yahoo.com/news/borgwarner-shares-drop-attempt-showcase-225352524.html Questions for discussion: Explain the stock price… Read more »

Cathie Wood says the underlying bull market is strengthening and she’s finding great buying opportunities in the sell-off

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Personal Finance.

Description: Ark Investment Management founder and CEO Cathie Wood said she is not worried about the recent drop in her funds and that the bull market is simply broadening out to include more strategies like value. Source: CNBC.com – video report Date: Mar 09, 2021 Link: https://www.cnbc.com/2021/03/08/cathie-wood-says-the-underlying-bull-market-is-strengthening-will-benefit-arks-strategy-over-time.html Questions for discussion: Describe the investment strategy at… Read more »

Etsy’s pandemic cornerstone was masks. Now it’s showing it can move on.

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Personal Finance.

Description: Etsy (ETSY) vendors sold nearly $750 million worth of masks in 2020, as a whole industry sprang up to address the emerging and then pervasive threat of COVID-19. The company’s latest numbers, though, have demonstrated how it has translated the hot demand for one product into customers sticking around for others. Analysts think it… Read more »

Tesla Stock Update: Meltdown in Tesla Beginning as Forecasted

Posted by & filed under Company Analysis, Financial analysis, Growth & Valuation, Personal Finance.

Description: In my February Tesla update, I described how Tesla was positioned for an accelerated breakdown if prices slipped below the $780 low. At the time, TSLA was trading just above $800 (see chart below). It appears the breakdown is underway, and this could turn into an outright collapse into mid-March. Source: Yahoo.Finance.com Date: Mar 04, 2021 Link: https://finance.yahoo.com/news/tesla-stock-meltdown-tesla-beginning-185007237.html… Read more »

‘This bond market is so radically oversold,’ economist David Rosenberg says

Posted by & filed under Economic Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Market Analysis, Personal Finance.

Description: Economist David Rosenberg says he made a career by not following the herd, and his bond forecast could be considered the latest example. Source: CNBC.com – video report Date: Feb 28, 2021 Link: https://www.cnbc.com/2021/02/28/this-bond-market-is-so-radically-oversold-economist-david-rosenberg.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What are the predictions for bonds made by David Rosenberg? What is the basis of his analysis and… Read more »