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NewAlchemist (72.66)

May 2013

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9

I am reading The Big Short

May 10, 2013 – Comments (5)

I've been meaning to read this book for a long time and it's very good so far.  Michael Lewis is a great storyteller. In italics are some good quotes from the book on selected topics with my comments directly below.   [more]

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What do you do with your money?

May 09, 2013 – Comments (10)

So you’ve worked hard and saved your entire life.  You are nearing retirement.  What do you do with your money?  [more]

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Coca-Cola pitch

May 08, 2013 – Comments (2) | RELATED TICKERS: KO , MCD , MSFT

The world’s largest beverage company sells non-alcoholic soft drinks in every country in the world except Cuba and North Korea.  Last year the company raked in nearly$48 billion in revenue with 41% coming from the U.S. and 59% outside the country.  This isn’t an American company, this is a global powerhouse.    [more]

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McDonalds pitch

May 07, 2013 – Comments (0) | RELATED TICKERS: MCD , BKW , KO

A few years ago I went on vacation to Hawaii.  It was about 12 hours of traveling and a 6 hour time difference.  Needless to say I was exhausted when I got there.  The initial excitement pushed me to check my immediate surroundings in paradise before falling asleep around 4 or 5 PM.    [more]

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I am reading Reminiscences of a Stock Operator

May 02, 2013 – Comments (0)

I am reading Reminiscences of a Stock Operator.   It is a great book about Jesse Livermore, a trader who made and lost millions in the early 1900s.  Here are some of my favorite lessons so far.  [more]

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