Monday, January 26, 2015

The ABCs of Income: MLPs, REITs, and BDCs

Jack Hough and Jack Otter on the best investments for income in 2015, including the benefits of dividend stocks and the pros and cons of Treasury bonds.  MLPs are master limited partnerships, REITs are real estate investment trusts, and BDCs are business development companies.  They suggest there are some which are oversold.

Are there are a few undervalued stocks out there?


Meryl Witmer is a portfolio manager with Eagle Partners.  She looks for undervalued stocks which is getting harder and harder as the market gets pricier. Speaking at the Barron's Roundtable,  she explains why two stocks, Houghton Mifflin and Gildan Activewear, are undervalued in this January 17th video:

Sunday, January 25, 2015

Carly Fiorina Faced 'Tough Choices'

The "HP Way" and the change agent.

Carly Fiorina talks about leadership, management, and culture ans her book, 'Tough Choices:' 





"When culture becomes convention, then something has to change."

"...sometimes the toughest choices you have to make are to fire somebody, not because they're not getting results, but because their values and judgment are inconsistent with what you say you stand for. The toughest personnel choices I have ever had to make in my career are where I have had to deal with abusive or dishonest people and, let's be honest with each other, abusive, dishonest people get results in business."

"I was taught long ago that values are what guide your behavior when no one's looking and you think no one will find out."

Thursday, January 01, 2015

On Monetary Policy, Are You a Dove or a Hawk?

Our own Federal Reserve Bank of Kansas City President, Ester L. George, has been called a hawk based on her votes and statements in the Federal Open Market Committee. The financial press characterizes those in central banks who want to move strongly to fight inflation and speculative excess by tightening monetary policy and raising interest rates as "hawks." Those who advocate lower interest rates are called "doves."

What's with these terms?  : The terms 'dovish' and 'hawkish' are second nature to anyone covering central bank policy, finance and economics. But where do the terms come from? In this December 24th, 2014 video, FT Alphaville's Izabella Kaminska delves into the Vietnam war, evolutionary game theory and even 'Mary Poppins' to find out.