Mobile phone handset makers are in the trough right now. But take my advice: I'd avoid bottom fishing the usual big names Nokia, Motorola and Sony Ericsson. If you want to profitably play the handset maker game, you'd be better off buying shares...
Have we hit Platypus Bottom? UBS analyst Art Cashin thinks so. He coined the phrase this summer during an interview with CNBC. A platypus bottom is an unfamiliar bottom, he explains. What? Well, platypuses are waddling contradictions the only...
Wine might emerge as a bona fide alternative asset class. Established in 2004, the London International Vinters Exchange Ltd. (aka the Live-ex index) tracks the price movements of 100 fine wines and is calculated monthly. Over the first six months...
Bear markets tend to end with a whimper rather than a bang: They are usually marked by low volume and minimal investor interest, says the Leuthold Group in its August newsletter. By these measures, we may be close. U.S. focus equity mutual funds...
On the first morning of his run as a trainee for Merrill Lynch, Brian Hetherington remembers standing near his desk unsure of what to do next. I got there at 6 a.m. and I just stood there for a long while. After some time, one of the senior...
Registered Rep.: What's the best part about working in San Francisco? Brodie Cobb: Natural beauty, food, wine and outdoor sports. RR: As an RIA, what is your firm's largest expense (excluding compensation)? BC: Rent. RR: If you weren't in this...
Registered Rep.: What do you say to those who claim your growth strategy is like that of former CEO Chuck Prince? Vikram Pandit: When I came onboard, we reviewed, in extreme detail, the various business lines of Citi, and I came away convinced...
Howard S. Lorch showed up at his first day of training uninvited. At his now defunct St. Louis firm Dempsey Kegler, Lorch was told he was more suited for social work than for the broker life. Not taking no for an answer, Lorch, a colorful...