Growth Options and CEO Compensation
It is that time of year when CEO compensation is revealed and debated. The Los Angeles Times just published its … Read more
It is that time of year when CEO compensation is revealed and debated. The Los Angeles Times just published its … Read more
Financial economists divide the value of a company’s equity into two components: the value of “assets in place” and the … Read more
Warren Buffett frequently repeats that he only invests in businesses that he “understands.” That is why he avoids technology companies. … Read more
To evaluate the reaction of the US stock market to Brexit remember that stock prices reflect the discounted present value … Read more
In light of the number of times that Tesla Motors Inc (TSLA) has appeared in this blog, I would be … Read more
While virtually everyone complains about air travels these days, I have always been at the forefront. My wife, colleagues and … Read more
Apple Inc. (AAPL) Innovation – Look At The List I know I am a broken record regarding Apple’s policy of … Read more
Recently, this blog has focused on two aspects of the investment Apple Inc. (NASDAQ:AAPL) story. One is that by any … Read more
Options are typically seen as complex and risky. They may be complex, but they need not be risky. In fact, … Read more
Go Pro – In September 2014, I wrote the following. The most overlooked fundamental of valuation is that rapid growth in … Read more
Apple Inc. (AAPL) Should Forget the Secrecy One of the hallmarks of Steve Jobs management policies at Apple was secrecy. … Read more
The recent focus of this blog has been on how deeply pessimistic the market has become with respect to Apple. … Read more
Another Simple Calculation for Apple Inc. (AAPL) In the last 12 months, including the most recent quarter, Apple Inc. (AAPL) … Read more
Equity risk premium The most important number in finance is the equity risk premium – the return that investors can … Read more
Tesla Motors Inc (TSLA) Over $250 Again – Not Fundamentals Tesla is over $250 per share – again. And again … Read more