by Nilus Mattive on May 27, 2009
in Taxes
An article in the Washington Post says the idea of a national U.S. sales tax is gaining a bit of traction. If you’ve ever travelled abroad, especially to Europe, you’re probably familiar with the idea of a VAT, or value-added tax.
I’ve always found the name a bit ironic. And my favorite part of the VAT has always been that [...]
The latest numbers from S&P/Case-Shiller’s housing index prove that things haven’t gotten any better for housing in 2009. In fact, the data shows that prices declined 19.1% in the first quarter of the year (following an 18.2% drop in Q4 2008)! Remember, this index is an extremely good indicator of what’s actually happening in the [...]
by Nilus Mattive on May 18, 2009
in General
Warren Buffett’s latest quarterly Berkshire filing recently hit the wires.
For starters, he upped his stakes in both Wells Fargo and U.S. Bancorp. If you listened to Buffett’s comments during the annual shareholder meeting recently, he basically said he’d like to buy them outright. So no surprise here.
What was more interesting is the fact that Buffett also restructured his big [...]
I was down at Weiss headquarters last week, and during my trip I drove around visiting a lot of my old haunts. And I can tell you that the for-sale signs haven’t gone away at all in the five months that I’ve been spending time up north.
If anything, there are still plenty of places available at even lower prices!
And today’s data [...]
by Nilus Mattive on May 5, 2009
in General
I’ve been seeing a lot of headlines recently about investor interest in the shares of Crocs Inc (CROX). They’re the company that makes those colorful clogs all the kids are wearing (well, all the kids except mine!).
Apparently, options interest has been very high lately as the shares have mounted a comeback.
But you can count me [...]