|
Ben Franklin on compound interest…“Money makes money and the money that money makes makes more money”. I think I like this guy. Photo credit kimberlyfaye. [...] By Walter | January 31st, 2009 | No Comments | Read More » |
|
Porsche’s Short SqueezeThe CFO over at Porsche must be a genius. He practically cornered the market on Volkswagen stock, making a move that caused the VW stock price to jump from 210 Euros/share to 918 Euros/share in less than a week. In 2008, Porsche booked $11.6B in profits with only $10.2B in sales revenue. Yes, you [...] [...] By Walter | January 28th, 2009 | No Comments | Read More » |
|
Designer suits and macroeconomics…Take a look at this suit. Take a good look. Is it worth $40K? Some people seem to think so. More importantly however, is that at least 30 of these Brioni Vanquish II suits have sold in the midst the worst financial crisis since the Great Depression. So what does this fantastically priced suit have to [...] [...] By Walter | January 24th, 2009 | 1 Comment | Read More » |
 |
|
© 2009 All rights reserved. |
