By Jack & Suzy Welch March 27, 2013 Being a leader is perhaps the hardest challenge any of us will ever face. No matter how long we work at it, practicing the right behaviors is a never-ending task. Knowing – and avoiding – the wrong ones is too. Thus, we offer the following six common…
Coming Up Next Week: MONDAY: Labor Day—U.S. markets closed TUESDAY: PMI manufacturing index, ISM mfg index, construction spending, Fed’s Williams speaks, Kodak emerges from bankruptcy; Earnings from H&R Block WEDNESDAY: Mortgage applications, international trade, quarterly services survey, Beige Book, Fed’s Kocherlakota speaks, auto sales, Neiman Marcus bids due, Samsung event; Earnings from Dollar General THURSDAY:…
The Lovely: Stocks are getting weaker, not stronger. The Good: 1. Leading stocks are acting well 2. The Dallas Fed manufacturing survey rose to 5.0 which beat the Street’s forecast for 4.5 3. Case for the Fed to taper in September has weakened 4. The Richmond Fed Manufacturing index, which measures manufacturing activity in region, jumped to 14, easily beating estimates…
Over the years I have written about the importance of strong leadership in business and the essential qualities a leader must have. These qualities are timeless, and they are especially important when times get tough. In the face of difficult challenges, great leaders do not retrench. Just the opposite – they step up. In a…
By Bill Gates June 12, 2013 In May, I went to Omaha for the annual Berkshire Hathaway shareholders meeting. It’s always a lot of fun, and not just because of the ping-pong matches and the newspaper-throwing contest I have with Warren Buffett. It’s also fun because I get to learn from Warren and gain insight into how…
Stocks Are Getting Weaker, Not Stronger: 1. Possible August Top- Similar to 1987 2. Technicals & Fundamentals are deteriorating- 50 DMA line was support and is now resistance 3. Recent lows are breached and leaders under pressure 4. Crude Oil is surging – Higher energy prices act as an indirect tax on businesses and consumers….
Aim to solve a big problem, not a small one Find industries that are stagnate or in decline Look for places where everyone thinks that it is “impossible” to succeed Once you pass the initial startup phase- older industry can not catch up Start a company that tries to change the way the industry behaves…
“Only two things are infinite, the universe and human stupidity, and I’m not sure about the former.” Albert Einstein Since we are all human- I always ask myself before making a decision- Is this smart? If the answer is no, make sure you REALLY want to do it… Be The First To Know! Email Alerts…
The Perception of Fundamentals Matter What moves a stock’s price? At the most basic level it is Information. Unfortunately, life is not that simple. Arguably, one of the most important market moving components is not the actual data but the perception of the data that matters. It is the perception of fundamentals that determines stock…
This Week’s Trading Lesson Sound Systems Yield Success: When you think of the best run companies in the world, what names come to mind? Wal-Mart? Proctor and Gamble? Perhaps Apple? Think of the worst run companies and you might think of a company like Enron, which is now out of business because it was run…