Thursday, February 28, 2013
Tuesday, February 26, 2013
Billionaire CEO Elon Musk continues to spill red ink with his Tesla electric car hobby. He recently assured shareholders: “we’ll do better next quarter – promise.”
Monday, February 18, 2013
Monday, February 11, 2013
Is billionaire computer geek, Michael Dell, acting like a greedy techie billionaire to impress his friends (or for other reasons)?
That's the way it is starting to look with the Dell board approved $13.65 per share buyout with major shareholders calling it greedy and way too little, among other polite words.
Here's a sample:
"This deal is so compellingly unfair to shareholder that I don't know where to begin" - Richard Pzena, CIO, Pzena Investment Management
"This is a hard deal to get done at this price. There will be resistance." - Don Yacktman, Yacktman Funds
Thursday, February 7, 2013
Jim Rogers, co-founder of the Quantum Fund, speaking before the CFA Society of Atlanta on February 6, 2013:
“I am optimistic about states with natural resources. Georgia is rich in agriculture and I am much more optimistic about it than states like Massachusetts and New York. The world is changing away from finance to producers of real goods. Finance is going to be a very difficult place to be in the next 20 to 30 years. Finance is over.”
“Move to the country. Be a tractor dealer or fertilizer salesman. If that’s not for you, open restaurants where there are farms.”