Dragline: Why you got to go and say fifty eggs for? Why not thirty-five or thirty-nine? Luke: I thought it was a nice round number. Let's face it, at the heart of all the animosity over this year's presidential election, lies income … [Continue reading] about CARRIE TOLSTEDT IS WHAT’S WRONG WITH AMERICA
"It is a notorious fact…that the typical American stockholder is the most docile and apathetic animal in captivity" - Ben Graham ((He does what the board of directors tell him to do and rarely thinks of asserting his individual rights as owner of the … [Continue reading] about EXECUTIVE COMPENSATION REFORM NEEDS ACTION, NOT REACTION
It started with CALPERS, then a year and a half later came NYCERS, weeks after it was Buffett's turn, climaxing 48 hours hence with Stevie Cohen (of all people!). ((This hf manager rarely, if ever, talks about the markets or to the press/public … [Continue reading] about HEDGE FUND EXODUS TOO LATE, FOCUS ON WHAT’S NEXT
Whenever I see Bernie Sanders on TV and hear his proposals for income equality, all I can think is 'This is what we are going to get if we don't put something effective in place soon.' If all I have posited in the Skim and Partial Ponzi is … [Continue reading] about WHAT IS TO BE DONE? START WITH THE BOARD
While politicians and other critics have focused on stock buybacks being a poor use of cash versus investing in and growing a company, they have completely missed the boat. As have those in the business press who have concentrated their … [Continue reading] about HENRY SINGLETON WHERE ART THOU?