Category: Leadership

Focus On Quality Management Teams

Focus On Quality Management Teams

As equity valuations pull back and recession looms investors ought to take cover by investing in industry-leading companies led by quality management teams. The universe of such investment opportunities can't be identified by PE or cash flow multiples, dividend yields or the like. While valuation metrics are a decent filter (example: I would never pay … Continue reading Focus On Quality Management Teams

Boeing Requires An Overhaul

Boeing Requires An Overhaul

Boeing (BA) senior management and Board requires an overhaul. We first wrote that Boeing ought to replace its CEO and Board back in September 2020 and as recently as February 2021, well before Ryanair CEO Michael O'Leary voiced his opinion. Boeing is a Technology company that would do well to look to the Technology sector … Continue reading Boeing Requires An Overhaul

Corporate Boards Need To Be Overhauled

Corporate Boards Need To Be Overhauled

Corporate Governance practices are flawed in our view as it relates to independent Board members. Corporate Boards are littered with outsiders who know little about the industry or the company for which they serve on the Board. My view has always been that smart investors bet on Management Teams. I would prefer a Board that … Continue reading Corporate Boards Need To Be Overhauled

NASDAQ: Further To Fall

NASDAQ: Further To Fall

Some months ago we stated that the NASDAQ Composite had 40-50% downside. On March 8th we said another 20-30% downside. This implies a NASDAQ Composite of around 9,000. Thus, we have further to fall. Interest Rates: Rates are going higher regardless of what the Fed does (other than more QE of course). Economy: There will … Continue reading NASDAQ: Further To Fall

SolarWinds Fallout Is Just Beginning

SolarWinds Fallout Is Just Beginning

16 months ago we told you that SolarWinds (ticker: SWI) would not recover from the cyberattack levied against it that allowed cybercriminals to use infected SolarWinds software to view the source code of hundreds if not thousands of SolarWinds' corporate customers. SWI shares have yet to recover from what was at the time (December 18th … Continue reading SolarWinds Fallout Is Just Beginning

The Stock Buyback Scam

The Stock Buyback Scam

Prior to the 2008-2009 Financial crisis, stock buybacks were typically used by management teams to offset options dilution and to acquire undervalued company shares. Today, companies primarily use stock buybacks to goose the value of CEO options packages as well as to goose the value of shares held by CEOs and large institutional holders. The … Continue reading The Stock Buyback Scam

For Stock Returns, Look Where Others Are Not

For Stock Returns, Look Where Others Are Not

Small cap equities and international equities are generally good places for investors to begin their work of finding undervalued companies. In this age of ultra-low interest rates and overvalued assets it makes sense for public company investors to look for value in areas of the market that receive less investor attention than sectors that garner … Continue reading For Stock Returns, Look Where Others Are Not

CEORater 2021 Technology CEOs of the Year. Part 3 of 3: Information Services

CEORater 2021 Technology CEOs of the Year. Part 3 of 3: Information Services

Today we announce the winner of the "Information Services" category: Information Services: Doug Peterson, President and CEO, S&P Global Inc. (ticker: SPGI). SPGI shares have performed well but the primary reason why we choose SPGI CEO Doug Peterson over Gartner (ticker: IT), CEO Gene Hall or MSCI (ticker: MSCI), CEO Henry Fernandez was Peterson's pursuit … Continue reading CEORater 2021 Technology CEOs of the Year. Part 3 of 3: Information Services

CEORater 2021 Technology CEOs of the Year. Part 2 of 3: Platform Companies

CEORater 2021 Technology CEOs of the Year. Part 2 of 3: Platform Companies

We have taken a different approach to our CEORater Technology CEOs of the Year selection process in 2021. No longer do we call out “Payments” as a separate category given that some of the largest payments flow occurs inside of Technology giants such as Apple and Amazon. We now have three categories: 1.) FinTech; 2.) … Continue reading CEORater 2021 Technology CEOs of the Year. Part 2 of 3: Platform Companies