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economic fire storm posts

Economic firestorm: Which costs more, stealing or stupidity?

Posted Mar 9th 2009 3:40PM by Sheldon Liber (RSS feed)
Filed under: Management, Rants and Raves, Competitive Strategy, Economic Data, Politics, Recession

The economic firestorm that we are in the midst of is yet to be contained, or for that matter, completely understood.

Some things are very clear like the fact we spent more than we earned, as individuals and as a nation, for decades on end. That we know for sure, and regardless of who we blame the most for this situation there is no bigger economic mistake one can make.

This is something that I harp on often, and I expect I will keep on doing so because I do not have any reason to believe things will change; see: Ignore Washington -- keep saving; General Patton makes a point.

Continue reading Economic firestorm: Which costs more, stealing or stupidity?

Does General Electric have an adequate fire break?

Posted Mar 5th 2009 10:50AM by Sheldon Liber (RSS feed)
Filed under: Major Movement, Management, Rants and Raves, Competitive Strategy, General Electric (GE), Politics, Recession, Financial Crisis

My friends and colleagues have been getting an earful from me lately about establishing economic fire breaks deep into 2011. I gave one of my investment partners a large Post-it simply stating "Fire Break 2011," which is on the wall right between his phone and computer.

We have had stories about General Electric (NYSE: GE) almost daily on our site, most of them are positive about the stock being a value, mine among them. The problem is that if GE was a value two months ago, and two weeks ago, and two days ago -- is it more of a value now that it is priced lower still? More on that later...

Continue reading Does General Electric have an adequate fire break?