Tag Archives: stock market investing

What’s the Catalyst? — Wrong Question for Long-term Investors

One advantage of being a geezer on Wall Street is that you’ve seen a lot of markets and the different ways people can think about stocks.  In the mid-1980s everyone was looking for “restructuring plays” that a junk-bond financed corporate … Continue reading

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Create Your Own Conglomerate, Part Deux

Back in June I argued investors should create their own conglomerate by assembling a diversified portfolio of high quality companies.  Michael Crook of UBS provides a potent factoid validating this strategy. He calculates: “After accounting for inflation, $100 invested in … Continue reading

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