Archive

This Discount Retailer Is in Trouble Until It's Back to Business as Usual

This Discount Retailer Is in Trouble Until It's Back to Business as Usual

Joel’s note: The Altimetry offices are closed tomorrow in observance of Independence Day, so look for the next Altimetry Daily Authority on Monday, July 6. I hope everyone has a safe and enjoyable holiday! The ‘At-Home Revolution’ is the only thing that’s stopping Coke’s dominance…  For years, authorities across the globe have been focusing on […]
Here's the Business With the Next Apple Watch... But Investors Think It's the Next Google Glass

Here's the Business With the Next Apple Watch... But Investors Think It's the Next Google Glass

During a recession, there’s a reason governments tend to send stimulus to those with lower incomes…  Not only are these folks more likely to struggle during an economic downturn, but any benefits sent their way are also likely to have a stronger “multiplier effect” in the economy. This means that for $1 sent to a […]
The 'Paradox of Choice' Means Collapsing Returns for This Money Manager

The 'Paradox of Choice' Means Collapsing Returns for This Money Manager

In essence, the economy is the sum of an entire nation’s profits… People often think of “profits” as just something that corporations report. But in reality, these come from across the whole economy. Corporate profits are the revenues companies generate less costs. Consumer profits are the revenues that folks take in less taxes and savings. […]
'Embedded Expectations' Are Flashing a Warning Sign for the Market

'Embedded Expectations' Are Flashing a Warning Sign for the Market

We’ve talked regularly about the coming ‘Big Bath’ in earnings, now let’s talk about what to do about it… Late last month, we highlighted in the Daily Authority (and in Forbes) that second-quarter earnings are going to be ugly due to the earnings “Big Bath.” We also noted that the market is not pricing in […]
Private Equity Doesn't Just Want to Own Your Company... It Wants Your Retirement

Private Equity Doesn't Just Want to Own Your Company... It Wants Your Retirement

401(k) assets in the U.S. are an estimated $6.2 trillion… This is a massive market, but these accounts generally have very specific rules on what assets they’re able to invest in. And in a potentially important shake-up, the U.S. Labor Department just added another asset class to that list: private equity. Some people might be […]
A Hedge-Fund Style 'Heads I Win, Tails I Don't Lose' Trade in Movie Theaters

A Hedge-Fund Style 'Heads I Win, Tails I Don't Lose' Trade in Movie Theaters

We hope you weren’t planning on surviving the coronavirus pandemic by harvesting nickel and copper… Last week, many people tuned into U.S. Federal Reserve Chairman Jerome Powell’s testimony in front of Congress to hear information on the U.S. economy and what the Fed plans to do to mitigate the economic damage of the pandemic. If […]
The Right Way to Invest in Real Estate

The Right Way to Invest in Real Estate

Equity investing doesn’t stop in the markets… When people think of “equity investing,” most think of stocks. In reality, it means that anytime you own a stake in an asset where you get all the “upside” from its cash flow streams, you actually have ownership.  Aside from public equities, this also includes private-equity investments, owning […]
Google Made a Big Mistake by Not 'Acqui-hiring' This $18 Billion Digital Advertiser

Google Made a Big Mistake by Not 'Acqui-hiring' This $18 Billion Digital Advertiser

The ‘Big Bath’ is coming… and no one is talking about it.  A few weeks ago, we shared an essay Joel wrote in Forbes that warns of a coming earnings apocalypse: the “Big Bath.”  This isn’t a new phenomenon. When management teams are going to disappoint on earnings, the smart ones don’t just give bad […]
A Key Lending Metric Says to Stay Calm If We See a Market Correction

A Key Lending Metric Says to Stay Calm If We See a Market Correction

Could working in the office become a status symbol? Here at Altimetry, we’ve said it time and time again… the coronavirus pandemic has kicked off an “At-Home Revolution.”  Across the globe, the virus has changed our lives. And the biggest change is in how people work.  We recently came across a CNBC piece published earlier […]
This Chip Supplier Proves That an Essential Product Isn't Enough to Guarantee Returns

This Chip Supplier Proves That an Essential Product Isn't Enough to Guarantee Returns

According to management consulting firm McKinsey, the recovery from coronavirus pandemic will be digital… Meaning that it’ll be a recovery that will be from the home.  Last month, McKinsey Digital put together an interesting report on some of the recent trends – as well as ones that could happen – that the firm has seen […]