In his famous book A Random Walk Down Wall Street, Burton Malkiel suggests that every stock is exactly fairly valued. There can be no such thing as an undervalued stock or an overvalued stock, since investors are armed with all knowledge impacting the value… Read More

When I was in junior high school in the late 1970s, pessimism about the economy was all around. My friends’ parents were uniformly convinced the United States was in the midst of a great decline that would spell trouble for my generation. I… Read More

“How do you make $1 million in the airline industry? Start with $2 million and know when to quit.” As the economy drifts toward a possible recession, investors are increasingly scrutinizing balance sheets… Read More

Last week, I told you that I thought the recent market rout had presented some real buying opportunities for the type of blue-chip “forever” stocks StreetAuthority Co-founder Paul Tracy preaches about to his Top-Ten Stocks readers. During my research, I found 20 such potential… Read More

Here at StreetAuthority.com, we like to keep tabs on where the richest people in the world are putting their money. After all, billionaires like Warren Buffett and Bill Gates are some of the smartest investors on the planet. And… Read More

When the economy is growing, you need to focus on income statements, looking for signs that sales and profits can grow at a heady clip. In tougher economic times, investors pivot over to the balance sheet,… Read More

Financial media firm Forbes just came out with the Forbes 400, which ranks the 400 richest Americans. Bill Gates topped the list with an estimated net worth of $59 billion. This impressive amount of wealth also qualified him for second in the world, behind… Read More

We’re more than a decade removed from the dot-com crash, and many investors still recall those days with dread, when the market plunged almost daily, seemingly without end. That same mood pervades Wall Street today, and the fear is once again palpable. But… Read More

In just a matter of days, the third quarter will finally come to an end, and barring an end-of-the month rally, investors will be tallying up the losses. As it currently stands, the S&P 500 is on track for a 15% loss, erasing all of the gains of the previous… Read More

Think the credit-card business has been forever crimped by the Credit Card Reform Act of 2009? Or, maybe you think it’s simply dead in the water because nobody wants, needs, or can get credit after 2008’s lingering debt debacle. This is what the… Read More