Jeremy Siegel offered in his book, Stocks for the Long-Run, several actionable techniques that investors might find beneficial, one of which was a 3 parameter approach to stock valuation called the O-Metrix Grading System. The metrix has been applied to all 30 stocks listed on the Dow Jones Industrial Index and 5 stocks top the list. Below is an explaination of the approach, the formula and the results for all 30 stocks. Words: 985
Read More »"A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers" – A Book by MacDonald/Robinson (+2K Views)
Readers are introduced to a host of little-known Lehmanites, many of whom vilify the company's top management, among others. Lehman "was headed directly for the biggest subprime iceberg ever seen," but unlike the captain of the RMS Titanic, McDonald writes, CEO Dick Fuld and his No. 2, Joe Gregory, didn't try to swerve. Words: 560
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