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November 2007



IACI spinning off 4(!?) units, my comments

November 05, 2007 – Comments (2)

IACI announced today they were spinning off four units: Home Shopping Network, Ticketmaster, Lendingtree and Interval.  [more]



Possibly picking Wamu

November 02, 2007 – Comments (1)

Bill Nygren of the infamous Oakmark Select has been repeatedly lambasted on the fundalarm board. He had as much as 15% of that fund invested in Wamu, and has repeatedly praised the company. Wamu has generated quite a bit of wealth for Oakmark shareholders in the past, but is now caught up in mortgage troubles.  At one point, I followed Nygren's lead and picked Wamu, but ended my pick with a score of -15 points.  Had I held on, I'd be even deeper into the red today.  [more]

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