James Altucher, managing partner of Formula Capital, is a true believer in the Internet’s transformative powers and fondly remembers investing during the 1990’s dot.com bubble.But those days are long gone and Altucher now believes “the Internet is de
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Posted on August 31st, 2009 by
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Hurricane season is nothing to joke about. The period that runs from June 1 to Nov. 30 can leave devastation in its wake.But as our guest James Altucher, managing partner at Formula Capital, notes, certain stocks perform well during this season. That’s ba
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Brace yourselves. Only a year after the housing and credit bubble officially burst with the Lehman Brothers bankruptcy, a new “bubble of mammoth proportions” is starting to grow, says James Altucher, managing partner, Formula Capital.Bubble 3.0
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From The Business Insider, Aug. 31, 2009:Well, that didn’t take long.
In a decade, Apple has gone from niche-market roadkill to a
company whose growing dominance and competitive tactics in a booming
market are thrilling investors, angering competitors,
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Stocks stumbled Monday morning, following another overnight dive by China’s Shanghai Composite and another weekend of stories about how the rally has come “too far, too fast.”Even the
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If the bottom of the cycle has arrived for the oil and gas services business, then Baker Hughes‘ $5.5 billion stock-and-cash deal to buy smaller rival BJ Services may well be the beginning of a broad consolidation in the industry.
The premium is hardly as juicy as one might expect at 16 percent, given the […]
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American taxpayers have pocketed a 10 percent return on bailing out banks that were dubbed “too big to fail” and have paid back their TARP funds, The WSJ reports, citing SNL Financial. Hurray! Right? So why no cheers from our guest John Tamny, e
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There’s been a strong correlation over the last several months: as the dollar losses value, stocks rally. It’s leading some to endorse the idea that a weak dollar is good for the economy. Nonsense, argues John Tamny, editor of RealClearMarkets.com. &quo
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