Data Update 3 for 2023: Inflation and Interest Rates
If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the...
Tesla in 2023: A Return to Reality, The Start of the End or Time to Buy?
I am not much of a car person and view cars primarily as a mode of transportation. I drive a 2010 Honda Civic, a perfectly...
Data Update 2 for 2023: A Rocky Year for Equities!
It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during...
Data Update 1 for 2023: Setting the table!
In my last post, I talked about the ritual that I go through every year ahead of my teaching each spring, and in this one,...
A Return to Teaching: The Spring 2023 Edition
If, as you read this post, it feels like you have read it or a close variant before, it is because you have....
META Lesson 3: Tell me a story!
In my first two posts on Facebook, I noted that its most recent earnings report, and the market reaction to it, offers an opportunity for...
META Lesson 2: Accounting Inconsistencies and Consequences
In my last post, I used Facebook's recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the...
META Lesson 1: Corporate Governance
As we get deeper into earnings season for the third quarter of 2022, the biggest negative surprises are coming from technology companies, with the tech...
Earnings and Cash Flows: A Primer on Free Cash Flow
It is never pleasant to be in the midst of a market correction, but a market correction does operate as a cleanser for excesses that...