OIL VIEW . I’ve been reading a lot about oil, the current state and the history of oil as we see prices keep rising and we all wonder where a top is. So below are some interesting tidbits which I’ve unearthed from the Internet (a great modern day development!) for you to ponder, some obvious...
THE VISA IPO . Aha! The Real Story Comes To Light! When I heard of the upcoming initial public offering (IPO) of Visa a couple weeks back, I was shocked and wrote about it (Feb. 27 th ) wondering out loud why anyone would buy it. I did find the argument underpinning this “largest US IPO ever” of 16 million...
THROWING GOOD MONEY AFTER BAD . Let’s think back some so as not to lose perspective. Where to start? Yep, right at the top of the five year bull market and the top of the private equity boom. June 21 st , 2007: CHINA backed Blackstone Group’s IPO at $31 back with $3 billion last June. Yesterday BX closed...
PRINCIPLES OF THE STOCK MARKET A learning, teaching, always evolving stock market letter and advisory service Seventeenth Consecutive Year of Publication ; Letter #1; Sept 18, 1990 Mon day, March 3 rd , 2008: Three people yesterday told me they were sick of winter. They weren’t angry, just tired of fighting...
VISA Wants to do the Largest US IPO of all time ? Right now? Well, I guess if the fees are juicy enough Visa will pull it off as there is little other business around for investment banks to work on. But still, with consumers cutting back use of their credit cards after maxing out what they could and...
THE ECONOMY Monday, February 18th, 2008: Maybe I’m taking the wrong approach, updating you each Monday on the health and path of the economy. And talking about the ongoing debate about recession or not lying ahead. Maybe the best approach is to look at a couple of the classic indicators of recession...