Categories
Articles

AutoNation’s Jackson at Auto Summit

Can’t say enough about Jackson. Had anyone in Detroit or Washington listened to him over the past 4 years, much of what the auto industry went through recently may have been avoided….

Categories
Articles

AutoNation's Jackson at Auto Summit

Can’t say enough about Jackson. Had anyone in Detroit or Washington listened to him over the past 4 years, much of what the auto industry went through recently may have been avoided….

Categories
Articles

Starting to Put Some Number to SmartStax

Dow Chemical (DOW) and Monsanto (MON) have combined to develop a one of a kind corn seed. Using Monsanto’s recent earnings release, we can start to put some hard numbers to it possible effect.

Categories
Articles

Buffett’s Favorite Indicator Read Wrong……………Again

This again….. This was address before when this indicator was being used to declare “now was the time to buy” in Forbes in Feb 2009. At the time I said they erred in their interpretations of the indicator. Then it stood at 75, today 77. People are using this today to claim the market is cheap. They are wrong

Categories
Articles

Buffett's Favorite Indicator Read Wrong……………Again

This again….. This was address before when this indicator was being used to declare “now was the time to buy” in Forbes in Feb 2009. At the time I said they erred in their interpretations of the indicator. Then it stood at 75, today 77. People are using this today to claim the market is cheap. They are wrong

Categories
Articles

“Cash 4 Clunkers” and the Law of Unintended Consequences

This is what happens when gov’t meddles in the market. Now, I am torn because C4C did help our AutoNation (AN) holding. But I fear its effect will be short term and leave potential buyers of new cars sitting, waiting for the next gov’t program before they go buy. Basically a short term gain and detrimental longer term effects. Anyway, the ugly result…

Categories
Articles

"Cash 4 Clunkers" and the Law of Unintended Consequences

This is what happens when gov’t meddles in the market. Now, I am torn because C4C did help our AutoNation (AN) holding. But I fear its effect will be short term and leave potential buyers of new cars sitting, waiting for the next gov’t program before they go buy. Basically a short term gain and detrimental longer term effects. Anyway, the ugly result…

Categories
Articles

53 Economist’s Predictions on Treasuries, GDP, Fed Funds, Housing, Unemployment & CPI

Take them for what they are, at least we know someone will be at the top of this list in term of accuracy and their opinion then given more weight. More importantly, we’ll know who to ignore…

Categories
Articles

53 Economist's Predictions on Treasuries, GDP, Fed Funds, Housing, Unemployment & CPI

Take them for what they are, at least we know someone will be at the top of this list in term of accuracy and their opinion then given more weight. More importantly, we’ll know who to ignore…

Categories
Articles

Buffett at Forbes Conference

My favorite line (paraphrase): “To stop the “too big to fail” institutions from failing, we need only pass a law that the CEO’s of them will be shot at dawn should they fail”

Categories
Articles

Free Post: Details Emerge on Dow’s Solar Shingles

Every time I read something on this, it just keeps getting better…we may actually have a solar product people will really buy…. on a large scale

Categories
Articles

Free Post: Details Emerge on Dow's Solar Shingles

Every time I read something on this, it just keeps getting better…we may actually have a solar product people will really buy…. on a large scale

Categories
Articles

Free Post: Buffett Talks About Ben Graham

One thing struck me. In order to get in the door at Graham’s firm, Buffett offered to work there for free. Can’t help but wonder how few people today would even consider that.

Categories
Articles

Free Post: Dow to Begin Solar Roofing Shingle Production

This is either a revolutionary product that will be a revolutionary mega hit for the company OR yet another “green” idea that is too costly for practical implementation on a mass scale. Until pricing information and estimated “payback” for those implementing it are disclosed, we cannot be sure. The fact that they are planning for mass production, gives one pause to think costs may be contained.

Categories
Articles

Subs: Monthly Operating Statement Filed by Latest Chapter 11 Pick

This is good. Nothing spectacular and everything is holding steady.