Recently, Amazon made a big splash in the press when it announced it was buying Whole Foods for $13.7 bn making that it’s highest ever acquisition in the company’s history. That purchase was to be expected as Amazon has been fighting to break into the grocery retail game for a while. At the same time, […]
Month: July 2017
What Is the Ex-Dividend Date?
The other day some of the dividends of my holdings got deposited into my brokerage accounts, notably Brown-Forman and ExxonMobil. It’s always a rewarding feeling no matter how small the money is because here is money that I’m being paid just for owning a small piece of a business that is out there generating income […]
How Bitcoin Illustrates the Limitations of Intrinsic Value
What is the intrinsic value of gold? Or copper, lead, zinc, even diamond? I’ll save you time. It’s zero. Businesses, bonds, real estate even people have intrinsic value in as much as they are or possess assets that will always command a use or will always be in need. Objects don’t have any intrinsic value. […]
Three Solid Truths That Guide All Investing
Hey guys! Sorry I have not been posting so much. I have been very overwhelmed and its harder to keep up with everything and also write for you guys. But I’m grateful for everyone who keeps coming back, who sends me questions and all that. Today I want to share three simple truths that if […]
