Description: Three times in the past nine trading days, Roku has dropped more than 10% for reasons having nothing to do with what’s happening inside the company. Source: CNBC.com – video report Date: Sep 20, 2019 Link: https://www.cnbc.com/2019/09/20/roku-stock-price-volatility-why.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why has the stock price fluctuated so dramatically in recent trading? What would you advise investors… Read more »
Posts Categorized: Personal Finance
‘Admiral’ Gary Ng looks to expand Canada asset fleet to $50 billion
Description: Gary Ng may not be well-known in Toronto’s financial circles, but he’s amassed an impressive resume: internet millionaire at 16, industrialist in China at 24 and a master at golf soon after. Now at the ripe age of 35, he’s set an ambitious target for his next venture in the money management space, looking… Read more »
Blackstone CEO Steve Schwarzman Says Recession Is ‘Unlikely Now’
Description: Stephen Schwarzman says he has lived through seven major market declines or recessions in his 50 years working on Wall Street. The CEO of Blackstone Group lists them in his new book What It Takes: 1973, 1975, 1982, 1987, 1990-1992, 2001, 2008-2010. Through all those experiences, he writes that there are “simple rules” for identifying them…. Read more »
There’s a ‘great correlation’ between a good company culture and profits, ESG investors say
Description: Several investors have been wary of incorporating environmental, social and governance standards into their strategies. However, two investors think increased attention to ESG will be the best way to improve returns. Source: CNBC.com Date: Sep 19, 2019 Link: https://www.cnbc.com/2019/09/19/theres-a-great-correlation-between-a-good-company-culture-and-profits-esg-investors-say.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: “Shareholders are important and will always be incredibly important, but their highest… Read more »
Purdue Pharma reaches tentative deal to settle opioid lawsuits
Description: A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation’s opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months. But litigation is sure to continue against the company and the family that owns it. Source: CBS.com – video report Date: Sep 11, 2019… Read more »
The California Real Estate Boom Is Over. What Now?
Description: If you had invested in a property in San Francisco five years ago and cashed out in 2019, you would have made a 50% profit, never mind the rental income. But if you had bought a year ago and sold today you would have made exactly zero. Source: Forbes.com Date: Sep 12, 2019 Link:… Read more »
Why one money manager is jumping back into Canadian energy
Description: Rafi Tahmazian, senior portfolio manager at Canoe Financial, joins BNN Bloomberg to talk about why he’s increasing his position in Canadian energy. He says that unprecedented valuations are largely behind this move. Source: BNNBloomberg.ca – video report Date: Sep 12, 2019 Link: https://www.bnnbloomberg.ca/commodities/video/why-one-money-manager-is-jumping-back-into-canadian-energy%7E1776827 Questions for discussion: Summarize the industry analysis presented by Rafi Tahmazian…. Read more »
Goldman: That big market shift is because things aren’t as bad as everyone thought
Description: A massive move away from the momentum stocks that have dominated much of the last decade has come in part because investors have grown less fearful of an impending downturn, according to Goldman Sachs. Source: CNBC.com – video report Date: Sep 12, 2019 Link: https://www.cnbc.com/2019/09/12/goldman-that-big-market-shift-is-because-things-arent-so-bad.html Questions for discussion: What does the article say about… Read more »
Ignore this data at your peril — it’s pointing to a recession: Société Générale’s Albert Edwards
Description: Whole U.S. economy profits data looks ‘extremely anemic’ Source: MarketWatch.com Date: Sep 12, 2019 Link: https://www.marketwatch.com/story/ignore-this-data-at-your-peril-its-pointing-to-a-recession-societe-generales-albert-edwards-2019-09-12?mod=mw_theo_homepage Questions for discussion: What is the basis of the analysis and prediction? Do you agree?
SPOS #687 – The Trillion Dollar Shift With Marga Hoek
Description: Here it is: Six Pixels of Separation – Episode #687 – Host: Mitch Joel. Marga Hoek wants to change the world… for the better. She believes that business for good is good business. As an international strategist on sustainable business and capital, Marga is internationally recognized as a seasoned business leader, professional speaker and writer. She recently published The… Read more »
