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Most recently published stories in Trader.
IS TESLA EVEN IN THE AUTO INDUSTRY?
The standard method of determining what industry a company is in is by looking at its underlying business. By that standard, Tesla is clearly in the auto business. Virtually all of the company’s revenues and costs are related to building, selling, and servicing automobiles. But there is another way of checking whether a company is an industry that has implications for investors. The idea is that if two companies are in the same industry, then their stock prices should tend to move together. For example, when the Covid-19 crisis arose, the stocks of all major airlines collapsed together. This raises the question of whether using this second criterion Tesla is in the auto industry. Before turning to the results, a couple caveats are in order.
By Jacob Wolinsky6 years ago in Trader
TOP 10 ACTIVIST SHORT CALLS THAT PAID OFF BIG TIME IN H1 2020
Those shorting stocks during the COVID-19 pandemic have made more than $50 billion in profits. Billionaire Bill Ackman recently said that activist short sellers are far more efficient than regulators at unearthing corporate frauds, and that regulators should work with short sellers. Here we take a look at the top 10 best performing activist short calls in the first half of 2020 that paid off big time.
By Jacob Wolinsky6 years ago in Trader
MOHNISH PABRAI AND HIS FAVORITE TECH STOCK, MICRON (Q2 LETTER)
In his latest letter to investors, Mohnish Pabrai warned about the perils of buying stocks at high prices. He explained that it’s possible to overpay for even the market’s most promising companies. Giving Microsoft as an example, Pabrai noted:
By Jacob Wolinsky6 years ago in Trader
TRUMP WHITE HOUSE ACCELERATING TOWARD A DOLLAR CRISIS
As US economy is heading toward its disastrous 2nd quarter results, the Trump administration is considering the expansion of the trade war to finance, which could destabilize the US dollar and derail the post-pandemic global economy.
By Jacob Wolinsky6 years ago in Trader
PULLBACK FROM RECORD HIGH GOLD PRICE NEEDED FOR $2,000 AN OUNCE
The gold price reached a new record high this week, beating the previous record set on Sept. 5, 2011. The gold price kept rising past the record high to new heights as the week wore on, and now the $1,940 record that was set on July 28 appears to have become the new floor for the price amid today’s pullback.
By Jacob Wolinsky6 years ago in Trader
WHEN QUINTESSENTIAL CAPITAL TALKS MARKETS RESPOND
ValueWalk will hold the next Contrarian Investor Virtual Conference on Aug. 11, and Gabriel Grego of Quintessential Capital will be among those presenting new ideas. Among the short ideas Grego has presented previously are Akazoo, Bio-on, Aphria, Foli Follie, Globo and AAC Holdings (data via Breakout POINT).
By Jacob Wolinsky6 years ago in Trader
European countries pay the most alcohol tax globally
Tax is a fact of life. Whether you’re a business accountant dealing with online invoice requests or a customer making a single purchase in a shop, tax is an integral part of our economy that everyone is aware of.
By James Patefield6 years ago in Trader
17 Best Forex Brokers in Nigeria
IG Markets IG Markets provides more than 17 000 financial markets to nearly 180 thousand traders across the globe. These markets include a wide range of indices, forex, shares, commodities and cryptocurrencies through the MetaTrader 4 and ProRealTime platforms.
By springnews ng6 years ago in Trader
Does Leasing a Car Help Your Credit Score?
Leasing holds many advantages for people who prefer to drive newer cars and keep their vehicles under the manufacturer’s warranty throughout their ownership. Another benefit of leasing is the lower monthly payment you’ll make because of the way car leases work. With all of this in mind, it makes sense to wonder if leasing a car can also help your credit score.
By Alica Knopwood6 years ago in Trader
