Daily Archives: November 6, 2007

Since 2005 we have been sceptical of the earnings reports coming out of many financial companies and other service industries and sectors that feed off of the credit gravy train: think consumer discretionary, homebuilders, and housing related companies, even the … Continue reading →

Yesterday The New York Times reminded readers of a key point that I spend a lot of my time preaching to people: “bankers on Wall Street describe themselves as being in the moving and not the storage business. They make … Continue reading →