Is Gold a Pet Rock? http://www.fiendbear.com/Curmudgeon226.htm

Hedge Fund Analyst Quiz

Your boss drops the earnings announcement from Skyworks (SKWS) on your desk.   He asks if he should buy the dip?

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You spend five minutes on the 8-K: SEC-SWKS-4127-16-57

What hits you like a frozen flounder across the face?  Red lights should be flashing and sirens blaring.   You tell your boss……………………….

Anyone NOT figuring this out needs to read: Earnings Quality

or face this:

Socialism at work: http://www.bloomberg.com/features/2016-venezuela-diary/  A frantic search for food in Venezuela.   I am offering $5,000 to anyone who can explain how Socialism improves the lives of ALL citizens over the long-term? Can Socialism ever NOT collapse into death and despair?