Archive

The World Reopening Won't Be Enough for This Casino Operator to Recover

The World Reopening Won't Be Enough for This Casino Operator to Recover

Over the past few weeks, I took advantage of teaching in Boston… I was in town in Cambridge, Massachusetts, teaching two classes at Hult University. It’s a well-regarded international business school with campuses across the globe.  We just wrapped our second class on the Sunday of Memorial Day weekend. So, after I caught up on […]
The Documentary Experts Just Stepped Up Their Game

The Documentary Experts Just Stepped Up Their Game

The world of content and streaming has been upended once again… One of the biggest news stories in the business world over the past few weeks has come from a huge reshuffling of digital content – the virtual gold of the streaming era. Over the past few years, Netflix’s (NFLX) aggressive partnerships and robust in-house […]
The End of Cookies May Also Mean the End of This Advertising Company

The End of Cookies May Also Mean the End of This Advertising Company

The way the Internet tracks your data is changing… In 2018, the U.K. enacted the Data Protection Act, which updated several data protection laws in its countries. The act complements the EU’s sweeping data privacy law, which was also passed in 2018 and is known as the General Data Protection Regulation (“GDPR”). The GDPR was […]
Answering Two Questions at the Heart of Uniform Accounting

Answering Two Questions at the Heart of Uniform Accounting

We recently received two great questions from reader Phil… They get at the foundation of why we do the things we do when making our Uniform Accounting adjustments and “why it actually matters.” Other readers have likely wondered the same things as Phil, so let’s take today’s Daily Authority issue to address these questions. We’ll […]
To Break Through the Accounting 'Noise,' Focus on the 'Why'

To Break Through the Accounting 'Noise,' Focus on the 'Why'

Joel’s note: Both the market and Altimetry are closed on Monday for Memorial Day, so look for the next Altimetry Daily Authority on Tuesday, June 1. I hope everyone has a safe and enjoyable weekend. Questioning what might seem to be obvious can lead to new, great insights… My youngest has been asking one particular […]
This Airline Is a Surprise Winner From the Return of Business Class

This Airline Is a Surprise Winner From the Return of Business Class

A summer of travel is coming… You’ve likely said it yourself or know someone who has said something along the lines of: I didn’t travel at all last year… So, I’m going to travel this summer, and splurge when I do. And as Bloomberg recently explained, one of the big ways people are splurging is […]
The 'Amazon Effect' Might Spell Disaster for This Unsuspecting Company

The 'Amazon Effect' Might Spell Disaster for This Unsuspecting Company

The size of the target market is one of the most important aspects of proper analysis on a particular company… This simple metric helps investors understand how big a business could become, as well as the company’s long-term potential. It’s commonly called “total addressable market,” or “TAM.” Companies with larger TAMs inherently have more potential […]
This Construction Company Is a Sure Winner From Biden's Infrastructure Plan

This Construction Company Is a Sure Winner From Biden's Infrastructure Plan

America’s infrastructure – both natural and manmade – has been one of the greatest drivers of the size and power of our economy… The rivers of the Northeast helped make the country an early industrial powerhouse. And the massive network of rivers feeding the Mississippi allowed the U.S. to unlock the value of the 1803 […]
The Real Reason Blowout Earnings Aren't Moving Stocks

The Real Reason Blowout Earnings Aren't Moving Stocks

First-quarter earnings season is drawing to a close… With most of the S&P 500 Index’s component companies having reported numbers, we can begin to look at how Corporate America has matched up to analyst forecasts coming out the coronavirus pandemic. So far, a strong 85% of reporting companies have beat their analysts’ expectations. On average, […]
Here's the Recent Big Takeaway From the World's Greatest Investor

Here's the Recent Big Takeaway From the World's Greatest Investor

One of the few positives of the pandemic has been more time at home for reading, writing, and catching some great investors online… And that includes investing legend Warren Buffett’s Berkshire Hathaway (BRK-B). Earlier this month, the company held its famed annual meeting. In the pre-pandemic world before social distancing, more than 40,000 investors would […]