Now’s the time to run paper portfolios on a handful of ragamuffins that you think are potential turnarounds. I won’t bet on just one or...

On some of the biggest capitalization stocks, cost of a wrong earnings call is a snappy 10%. You would think the Street gets estimates...

Decades ago, after Ron Perelman won control of Revlon, he took a walk through one of its Boeing 727’s used for hunting by its then...

Penalty for being wrong-footed on an entry point for a stock runs at least 20%. Occidental Petroleum, under accumulation by Warren...

Mark our market as a rocky road filled with sharp curves and potholes. My way of dealing with pricey, chaotic settings is to lighten up,...

I grew up in the Great Depression, our family renting in the East Bronx. Pop owned a tailor shop in Harlem and we barely got by. But, I...

I’ve placed my “Don’t Play With Fire”sign on Tesla after its 200 point rollover. Nobody should care that Tesla jitterbugs a dozen or more...

The Tesla flop proved indelibly I needed to brush up on my facility in multiplying huge sums. On a trading session of 288 million shares...

Over a decade ago, even Microsoft fell into a performance funk that lasted 5 years. It was a good lesson in how the biggest and best can...

Here today, gone tomorrow best depicts how active portfolio managers failed to deliver the goods past March quarter. Or, as my old...

Nobody’s perfect. Even Warren Buffett compiled several years of underperformance in recent decades. His peers outperformed him for...

For the first time in years, when I looked at my stock prices on Bloomberg, I saw something strange and unusual. The dancers had fallen...

With Trump pulling the levers on his wrecking ball, nobody’s going to the moon real soon. The S&P 500 Index is pricey and the guys in...

When I’d argue over forecasting GDP growth and actual growth with my white-haired maximum leader, I’d say, “but, I’m going to be right...

I’m looking forward to when 10-year Treasuries yield 5 percent, now at 4.4%. There should be a retreat into quality at that point. High...

Even after the fall, I figure sticking 20 percent invested isn’t too extreme.  Decades ago, when Xerox couldn’t keep pace with Canon and...

There’s an old story by Lafcadio Hearn about a flood enveloping a bunch of dancers, oblivious on the dance floor but up to their ankles...

My experience with chart books is most of us miss their message. You can easily riffle the pages and come up with nothing. But, for...

I remember Gerald Loeb, partner at E.F. Hutton, 65 years ago. He’d huddle in his cramped office, gazing at the ticker tape stream across...

My short list of playable junk paper covers several old industrials. You gotta be diversified. Don’t go down in a single ship. I cover...