Bloomberg reports on teens cutting back on clothes purchases amid higher gas prices and worsening job prospects. Back in May, I posted a quick note on American Eagle Outfitters (or click here for the full valuation report in pdf format). In my report, I was a little squishy on my assessment of AEO [...]
A couple of interesting Bloomberg links for readers this morning.
First, the recommended Open Exchange program (weekday mornings 8am PST) interviewed one of my favorite money managers, Mohnish Pabrai. I caught most of the program but missed the beginning. I will probably go back and listen to it today as I am curious if [...]
The title of this post is taken from the famous quote by Albert Einstein and that principle is one I’ve always tried to live by. I think it ties in with an article by James Altucher published in the Financial Times a few months back about the usefulness (or lack thereof) of college. [...]
As always, you can view the complete portfolio here:
Enlightened-American Portfolio
Last August during the first major credit dislocation, my portfolio took a bigger hit than the broader market which really disturbed me. During that time, the gold and energy stocks sold off really hard (and bounced back even harder) and while I expect volatility in [...]
The market opens in a few minutes but Asia took another drubbing overnight, Europe seems to be calmer though.
During the last market sell-off in August, I was quite dismayed when my portfolio performance dropped slightly below the leading indices (which at the time was the Dow, if I recall). Now everything I’ve ever learned [...]
