Indexes Win Again

One method that has been used to examine if the stock market is semistrong form efficient is the performance of actively managed mutual fund...

[Unit Trust] How to classified as Sophisticated Investors?

For unit trust investment, an investor must be a sophisticated investor before he/she is qualified to invest in a fund categorized as a whol...

2016 Working Capital Survey

CFO just published the 2016 working capital survey by REL Consulting. The 1,000 large U.S. companies included in the survey had about $1 ...

What Is Dell Really Worth?

While students often expect that stock price valuation should result in an exact price that everyone agrees with, this almost never happens ...

Dow 150,000!

With the DJIA at about 18,500, it may be hard to imagine the DJIA hitting 150,000, yet there is a good chance the Dow hitting or exceeding t...

Lower Interest Rate... Who is the Winner and Loser ??? (July 2016)

Surprisingly, Bank Negara Malaysia cuts the benchmark Overnight Policy Rate ( OPR ) by 25 basis point to 3% today amid challenging global o...

The (un)Wisdom of Crowds

Does the Wisdom of Crowds work for elections? Should we think that the result of the British Brexit vote, because it was a free vote put to ...

A Critical Examination Of Earnings

A recent article made us think about the importance of definitions. The article states: "After all, in the long-run stocks are fundame...

Delta Loses Big On Fuel Hedge

Companies with significant risks, such as currency or commodity risks, often hedge exposure to that risk. An industry with a a history of he...

You Can't Keep A Good Twinkie Down

In 2013, facing imminent bankruptcy, Hostess, the maker of the iconic Twinkie, was sold for $410 million. Since then, the company has been t...