"Now look at them yo-yo's that's the way you do it
You play the guitar on the MTV
That ain't workin' that's the way you do it
Money for nothin' and chicks for free" --Dire Straits, "Money for Nothing" Who doesn't like money for nothing (aka free money), right? Heck, people will even stoop down on the sidewalk to pick up a dime (it's free!). Fortunately, the stock market also occasionally offers investors a way to make money for nothing through the use of arbitrage (or the
Seven Corners today issued its writeup regarding Viacom's "B" shares (ticker VIAB). Specifically, we are long the stock and believe that VIAB is worth $58/share, representing an expected IRR of 31% for a 3-year hold period from the current trading level. Please visit our Research Section to obtain a PDF copy our full writeup on VIAB.
In his book Outliers, Malcolm Gladwell claims that it takes approximately 10,000 hours of "deliberate practice" to master any complex skill or profession (for example, to become a great pianist or a great investor). (Note - for a contrary view, however, see here.) Moreover, the concept of "deliberate practice" can be explained as follows (source): Then there's the larger matter of how you practice. In "So Good They Can't Ignore You," author Cal Newport says that what makes ri
As a current stock market darling, very few (if any) companies compare to Tesla (TSLA). Simply consider the following five ingredients: 1. Debonair visionary billionaire jet-setting founder (and from South Africa no less!) with the (at least until recently) glamorous young actress girlfriend? Check. 2. Awe-inspiringly hip products endorsed by celebrities? Check (see, e.g., Blake Griffin with his Model S): 3. Feel-good "saving the world" narrative? Check. 4. Hugely bullish (al