Yesterday, I picked up some shares in Under Armour ahead of earnings. Now, that was not because I particularly believed in the company, but because the stock was beaten down enough (it’s down close to 59% off it’s last year highs) that even news that was less negative than expected would be met positively. I […]
Month: April 2017
Trump Announces A Dramatic Tax Overhaul
The Trump administration just announced a tax plan that is eye popping to say the least. The plan includes a number of proposals which include: slashing the top business tax rate from 35% to 15% reducing the 7 individual tax brackets to 3, which are 10%, 25% and 35% each doubling the standard deduction from $12,400 […]
My Highlighted Quotes from Phil Knight’s Shoe Dog.
I just finished reading the memoir, Shoe Dog by Phil Knight, the founder of Nike. It’s a very brilliant, very entertaining book full of insights not just about business, but also about life in general. I don’t make a habit of breaking down the books I read on my blog so I won’t. But I […]
JP Morgan Just Dumped It’s Student Loan Portfolio
Back in 2006, mortgage loans were a sure thing. House prices were always on the up, mortgages were paid and people were making money in real estate. There was no chance that the huge run up in subprime mortgage loans were going to cause any lasting damage. Until they did and all hell broke loose […]
China Doesn’t Play Fair
Hi guys, It’s been a minute. There’s been a lot on my plate lately, my bad. I’ll share some of them in the near future. Just watch this space. Today’s post isn’t really about investing in particular, although I have a few posts on that in the works, my considerations of JP Morgan and Ulta […]