Bill Rempel, a.k.a. NO DooDahs!

Trading, Investing, Politics, Whatever

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The Over-Rated Bachelor’s Degree

According to this Houston Chronicle article, the Bachelor’s Degree is America’s Most Overrated Product. Funny, I would have thought that was “democracy.” But I digress. Back to the Bachelor’s degree:
even those high-school students who are fully qualified to attend college are increasingly unlikely to derive enough benefit to justify the often six-figure […]

Stossel’s Politically Incorrect Guide To Politics

I really enjoyed this series of tubes.
An important thing to remember: promise her the moon, but give her the shaft. Every president since Nixon has promised to “end our addiction to foreign oil” but who has delivered? Shrub lied about his foreign policy direction (humbler? more like humbling), so will it surprise Obama’s […]

Lost in the Buyback Debate

I’ve never been a fan of companies pursuing share buybacks, primarily because they benefit the wrong people: share-sellers. They don’t benefit share-holders nearly as much. Ask yourself, “Who gets the cash?” There is some math (and some rather dubious assumptions) behind the “increased share prices” arguments behind buybacks, but bottom line, one […]

Normal Kind of Sell-Off

This is the kind of normal sell-off that I like to be seeing, and that might be a sign that the forced selling of recent months is ending. Stocks with good fundamentals held up better than the index overall. Bonds responded to the sell-off with increased prices/lower yields. Selling across foreign markets […]

Guess Who Was Buying Back Shares!

Among major-exchange-listed insurance companies in the U.S., number one in dollar value of second quarter insurance company share buybacks was Prudential Financial Inc. (PRU), and number two was The Hartford Financial Services Group Inc. (HIG). It was a pretty close race, however. Unfortunately for shareholders, however, The Hartford (HIG) now has the highest […]