Tag: Stock

Which One Are You: #1 or #2?

Which One Are You: #1 or #2?

“Forecasting is difficult because we don’t know what is going to happen in the future”  – Yogi Berra It’s interesting how people tend to extrapolate into the future.  They erroneously assume that what has happened recently will continue at the same pace for the foresee-able future.  It is a behavioral trait that many exhibit that can be hard to temper. …

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Got Milk?

Got Milk?

**Since yesterday was a big down day in the market, I’ve got a quick thought at the end of this blog. Once upon a time in the country there worked a dairy farmer who was having trouble getting his cows to produce milk.  They seemed well fed but as the cows grew fatter and fatter, the milk they produced did…

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Buybacks for Better Returns

Buybacks for Better Returns

Have you ever watched Family Feud?   Perhaps you were a child when Richard Dawson hosted the game show or maybe you enjoy the current version. No matter, take a moment and: • Name a three-letter word that ends in –ow • Name a chess piece • Name a one-word color for a pair of socks • Name how many batteries are used in…

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Scarcity and Opportunity

Scarcity and Opportunity

If you play fantasy football, you probably understand the economic principle of scarcity. Generally, there are a limited number of draft picks participants can use to maximize the talent on their teams. So, it’s essential to know which positions and players offer the greatest value. If there are a lot of great quarterbacks and defenses available, then running backs, tight…

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Lessons from Papa John

Lessons from Papa John

“Papa John” with our middle son Jack at the Lookouts in 2008. Yesterday, the family took the boat out and about for Father’s Day.  The lake was relatively uncrowded because many of the weekend boaters had headed down the river to see the fireworks at River Bend.  It was nice not having to compete with too many boaters as is…

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Wall Street’s Pigs and Wolves

Wall Street’s Pigs and Wolves

This past years stock market surge and resurgence of IPO activity takes me back a few years to when we were all still working for a parent company that was significantly involved in underwriting and pushing out IPOs as well as secondary offerings to its financial advisors and customers. Making a public market for companies to be able to create…

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