Hi All,
Hope everyone is having a good long President’s day weekend. With the events in Wisconsin and the Middle east, I thought I would mention a few interesting videos and articles. First, here is video discussing the lack of relevance of stock exchanges because of the rise of private party exchanges and black box trading-
http://video.nytimes.com/video/2011/02/17/business/100000000648543/viewpoints-wall-street-s-dead-end.html
Next, a very nice article in the New York Times about the rise of a group dating site which has had success in India but originated in the U.S, where it has struggled.
http://www.nytimes.com/2011/02/20/business/20ignite.html?_r=1&ref=business
Finally, Golden Nugget and Landry’s owner Tillman Fertitta practices value investing by buying into Atlantic City, which may put pressure on the MGM’s sale price of the Borgata-http://www.lvrj.com/business/recent-deals-may-mar-mgm-s-borgata-sale-116557203.html
As always, on any company mentioned here, past performance is not a guarantee of future returns. One should research any investment and make sure it is suitable with your objectives, risk tolerance, risk profile liquidity considerations, tax situation, and anything else pertinent to your financial situation. Also, the CFA credential in no way implies investment returns will be superior for any charterholder.
Yale Bock, CFA
President, Y H & C Investments
No comments:
Post a Comment