A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
China's local stock market has fallen for four consecutive weeks. Investors are spooked. And for good reason… China has been cracking down on speculation and financial leverage. And that has caused turbulence in the market. As Bloomberg reported over the weekend… The [Chinese government's] tightening campaign has erased at least $453 billion....More>>>
Golfers are particular about their equipment. The balls they hit are no exception.
So when Costco introduced a ball last year that paired affordability with high quality, it quickly sold out.
It also caught the attention of the company that makes Titleist golf balls, Acushnet, which sent Costco a letter alleging false advertising and patent infringement.
Now Costco is....More>>>
Some economists and investors....More>>>
Chambers CEO: Already Working With Trump to Kill DOL Fiduciary Rule
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A former LPL Financial-affiliated advisor who ran a $1.4 million Ponzi scheme was sentenced to 63 months in prison in North Carolina on Monday.
Charles Caleb Fackrell, who pleaded guilty to one....More>>>