Let me check my math Facebook versus Apple $FB vs $APPL

Facebook $FB reported a blow out quarter yesterday, earning $1.56 billion.  The stock popped $13.34 or based on its 2.8 billion shares outstanding that's a whopping $37.35 billion increase in market…


The Obama Theory of Trump

This is the most cogent thing I've read yet on the Trump phenomena In presidential elections, opposites attract. Source: The Obama Theory of Trump


Portfolio holdings 1-22-16

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4th Quarter 2015 Partner Letter

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Portfolio holdings 1-8-15

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Stock Market Puts in Its Worst Opening Week Ever - MoneyBeat - WSJ

Records are made to be broken. I wouldn't read anything at all into this other than the week sucked for most investors. It's official: this was the worst opening week ever for U.S. stocks. Source:…


5 Things to Know About the First Freely Traded U.S. Oil Cargo in 40 Years                                                - WSJ

The first foreign oil tanker filled with American crude pulled out of port on New Year’s Eve. Here’s what you need to know about its journey. Source: 5 Things to Know About the First Freely Traded…


Energy Lending Caught in a Squeeze

Banks have sold off recently on a variety of perceived woes, some real, some not so real.  One of them is their exposure to energy loans.  This article shows the exposure the major banks have.…


Investors Scramble for Answers After China’s Stock Halt

Obviously very bad for investor confidence.  They might do better letting Macau casino operator, Steve Wynn run the exchanges as well as the casinos. China's stock market held its shortest trading…


Apple’s Record-Breaking Holiday Season Saw Over $1.1 Billion In App Store Sales | TechCrunch

Apple has become the Rodney Dangerfield of the stock market. It can get no respect even boasting profits  and revenue growth any company including the FANGS would love to have. Attempting to steal a…