The retail industry carnage continues….
David M. Rubenstein, Co-Founder of Carlyle Group interviewed Jamie Dimon of JP Morgan Chase recently. I have a great deal of respect for Jamie, as a businessman, as a CEO, as a truthful, honest person.
There is an interesting write up on Bloomberg on Fab.com and Jason Goldberg.
https://www.bloomberg.com/news/articles/2016-10-11/how-not-to-strangle-your-unicorn
Most investment managers have had a bad 2015.
I’ve had a lucky 2015.
I had more than 8% return last year compared to 1.4% by the S&P Index.
So if you didn’t hear it before. Yes, EBITDA is a curse word in value investing circles.
Adjusted EBITDA — don’t even get anyone started on that !
The reason is because of these two things attached in the end “DA”. i.e)…
It is a common theme among folks where they walk into a mall and end up buying a bunch of dresses, jewelry and even more like a car in an instant as it satisfies the emotional moment.
I must say thanks to that tool I was able to look into HII. HII is expanded as Huntington Ingalls Industries.
Sometime ago, I wrote a post on how all of them Online Retail Startups die. At that time Gilt Groupe was still alive. Recently I heard it too was sold for a fraction of the money it raised.
You have seen me earlier make a hue and cry about NRI Fixed deposits in India. These NRI Deposits do give a great return in the long run.
After the mild tremors in the Indian Financial markets, RBI ( Reserve Bank of India) had…
Interesting title — my friend said after reading what I had written so far. But the real interesting story here is this is how I got started in buying stocks. For every mad, crazy way to there is an underlying book aka) the method to the madness. The…
