Fact Of The Day
Apple makes up more than 4% of the S&P500 and more than 18% of the Nasdaq 100
How Depressingly True…..
To the shock of most sentient beings, Facts died Wednesday, April 18, after a long battle for relevancy with the 24-hour news cycle, blogs and the Internet. Though few expected Facts to pull out of its years-long downward spiral, the official cause of death was from injuries suffered last week when Florida Republican Rep. Allen West…
DetailsUS Tax Rates
Interesting that our top tax rate of 45% kicks in at $180,000.
Sometimes You Should Take The Money
Following on from yesterdays thread on Ronald Wayne who left $58 billion on the table when he bailed on the embryonic Apple I thought it would be good to look at a case where it would have been wise to take the money. In 2008 Microsoft offered $44 billion for Yahoo – this valued the…
DetailsHaving A Bad Day?
If anyone is having a bad day, remember that today in 1976 Ronald Wayne sold his 10% stake in Apple for $800. It would now be worth $58,065,210,000.
DetailsA Blast From The Past
I was going through my archive looking for a piece for the current mentor program when I came across this little gem from the Eifuku Master Fund. By the way the name is not made up. This fund was run by a former employee of Lehmann Brothers in Tokyo. The letter speaks for itself. Memorandum…
DetailsStill Paying A Lot For Not Much
People invested in hedge funds are still paying a lot for very little in the way of actual return. Hedge funds were up 0.59% in March although they still trailed the S&P 500, which was up 3.13% for the month and 12.00% YTD. The Hennessee Hedge Fund Index is up 4.59% YTD. “Hedge funds posted…
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