Sir John Marks Templeton was a pioneer global investor who founded the Templeton Mutual Funds. An extraordinary man he was very smart even in his early life. He was a superb stock picker. In 1939 when investors were fleeing the markets due to World War II he bought 100 shares of each stock that was …
There are over 7,000 commercial and community banks in the U.S. In addition, there are over 7,000 credit unions. Hence consumers have a plenty of choices to choose a bank that they want bank with. However the big four “super-banks” dominate the industry just like in other industries. These “super-banks” are Bank of America (BAC), …
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The S&P 500 is up 26.72% YTD in terms of price returns and 29.22% based on total returns. Given the strong up this year, many investors are wondering if U.S. stocks are overvalued or fairly valued. With about a month to go this year, any further run to the upside will make the returns even …
Continue reading ‘Historical Performance and Valuation of the S&P 500 Index’ »
Bunzl plc (BZLFY) stock split in the ratio of 5:1 on Nov 26, 2013 with a record date of Nov 25, 2013. As a result of this split, ADS holders received 4 additional ADSs for each ADS held. Here is the announcement details: Bunzl SA has informed Citibank that it will change the ratio of …
Mexico’s economy – the bigger worry (beyondbrics) Is the commodities supercycle over? (Canadian Business) World’s Safest Emerging Markets Banks in Central & Eastern Europe 2013 (Global Finance) Waiting for a 10% market correction? Don’t hold your breath (The Star) Ultra-low interest rates are not normal, and not fair (MoneyWeek) Europe is falling out of love with open borders (The Guardian) Walls: …
Continue reading ‘Knowledge is Power: Mexican Economy, Bubble talk, Open Borders Edition’ »