The Significance of Surprise

Surprise indicates you weren't expecting something. Being surprised is an opportunity to learn something new. If you are surprised by what markets do, you probably need to read more about the history of markets. Market history is full of manias and depressions. This isn't so surprising once you realize that markets are nothing more than …

Continue reading The Significance of Surprise


General Motors Analysis

This is a summary of the research I've done on General Motors (GM). I don't attempt to come up with a precise value for GM. I simply attempt categorize it as cheap, fairly valued, or expensive. The analysis is based on the closing share price of $30.87 on July 18th. Background: While the rest of …

Continue reading General Motors Analysis