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The Cash Machine at ExxonWhat a cash cow of Exxon! Can you believe a company can make 11 figure profit in a quarter? The $10.5 billion quarterly profit makes Microsoft's $10.8 billion quarterly revenue pale. From AP:
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Warren Buffett Loves Retailing (November 1, 2006)
It seems Buffett is hedging his bets by investing in both Target (TGT) and Wal-Mart (WMT). We probably already missed the boat: TGT is already 20% higher than it was two months ago.
It seems Buffett is hedging his bets by investing in both Target (TGT) and Wal-Mart (WMT). We probably already missed the boat: TGT is already 20% higher than it was two months ago.
Six Banks May Receive Triple-A Credit Rating (November 1, 2006)
AAA credit rating is probably only of cosmetic value to the big banks, but I'm glad to see S&P reaffirms the financial soundness of my portfolio holdings in Bank of America Corp. (BAC), Citigroup Inc. (C) and J.P. Morgan Chase and Co. (JPM).
AAA credit rating is probably only of cosmetic value to the big banks, but I'm glad to see S&P reaffirms the financial soundness of my portfolio holdings in Bank of America Corp. (BAC), Citigroup Inc. (C) and J.P. Morgan Chase and Co. (JPM).
Wisdom from Value Investing Legend Christopher Browne (October 31, 2006)
The man behind the success of Tweedy Browne speaks up. Yes, the truth is many can understand value investing, but it is the "emotional discipline" that completes the circle.
The man behind the success of Tweedy Browne speaks up. Yes, the truth is many can understand value investing, but it is the "emotional discipline" that completes the circle.
Invest With Margin Loan? Use It At Your Own Risk (October 28, 2006)
John Waggoner at USA Today reminds us why it is not wise to invest on borrowed money. You may lose more than you want.
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