As a follow-up on my last post which you can read here, I wanted to discuss the important difference between a company and a stock when investing. The old adage of “invest in what you know and buy” is very general and only goes so far. I would also say that it’s not nearly as…
Watch out for Accounting Gimmicks
It was announced yesterday that Microsoft is buying LinkedIn for $26.2 billion. A lot of people are questioning the deal but I think Andrew Ross Sorkin hit the nail on the head regarding LinkedIn’s decision to sell – to get out of the accounting hole they were digging with massive amounts of stock based compensation and…
Why I’m Selling Telecom & Cable Stocks – The Slow Death of an Industry
I find it interesting to watch things change over time. My job as an advisor of investments is to stay ahead of that curve by investing in opportunities in the early stages and to sell investments that are facing various headwinds and risks before it’s too late. I think Facebook’s purchase of WhatsApp last month…