Whether one invests in common stocks or not, the relevance of a healthy balance sheet to the economic welfare of society is very significant. When growing profits by any means possible becomes a norm, the balance sheet of corporate America will reveal declining financial health and we all become threatened by the growing debt burden. […]
A reader named Marc who has become a friend over the past year corresponds with me from time to time. This week he wrote me about Netflix (NFLX) as an excellent very recent example of a major point of emphasis in my book, “Choose Stocks Wisely.”
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Harold, a dear friend, called me early this week and told me about GT Advanced Technologies (GTAT). The company’s stock closed at $11.05 per share on Friday, October 3, 2014 and declared bankruptcy following the weekend, on Monday, the 6th. The stock closed at .80 a share that Monday. Later this week, a good friend, Bill, e-mailed me and suggested I write about GTAT in this week’s post. Thanks to Bill for making the suggestion. […]
Webster defines stewardship as “the careful and responsible management of something entrusted to one’s care.” If the topic is managing money, we describe the stewardship as “financial.” […]
