ChatGPT failed the housing test… Many folks assume that rising interest rates crash the housing market. After all, higher rates mean buyers need to pay more for the same house over the length of their loans. But last Thursday, my colleague Briton Hill showed how that assumption is wrong… In short, the federal government enacted …
Roman Emperor Nero needed to fix his image… You see, many folks in his day assumed he started the Great Fire of Rome roughly 1,960 years ago. Some Roman citizens suggested he wanted to create a realistic backdrop for a play about the burning of Troy. Others accused him of wanting to clear land for …
I think my AI app is brain-dead… Lots of folks have been playing with the latest artificial-intelligence tools lately. One of my colleagues was thrilled to show me the decent answers he was getting from AI. So I asked his app about our Power Gauge. And things didn’t go well. This should have been easy. …
“Location, location, location.” That’s what you hear when people talk about real estate. Noisy neighbors are bad enough. But it’s a lot worse if they own tanks and start threatening to invade your property. That’s what recently sent Warren Buffett off script. The revered “Oracle of Omaha” loves to invest in businesses that will stay …
Warren Buffett Is Leaving the Neighborhood… But an Up-and-Comer Has a Chance to Thrive Read More »
Big, blue-chip companies can always borrow money from somewhere… So-called “investment grade” companies are called that for a reason. They’re worth the investment from banks and other lenders. And they’re at low risk of defaulting on the debt. When a problem arises, it’s often in a less-followed corner of the economy… Not every business can …
Interest Rates Are Up… But They’re Not Catastrophic Read More »
Meta Platforms (META) just grew 188% over the previous year… That scares the living daylights out of me. Now, I’m not talking about revenue. The company’s revenue only rose 2.6% year over year in the first quarter. Instead, I’m talking about “AI” – which, of course, stands for “artificial intelligence.” But that’s not all… This …
French author Gustave Flaubert said it best in the mid-1800s… “Le bon Dieu est dans le détail.” Or in English, “The good God is in the detail.” The point is… whatever you’re talking about or doing, the details are critical. To show you what I mean, consider these three (seemingly unrelated) recent events… First, in …
The COVID-19 pandemic forever changed the way we work… In fact, three years later, millions of people still work from home. And many of these folks use company (and even personal) computers to do their jobs. But the thing is… without a secure office network, the threat of a cyberattack rises. Businesses need to prevent …
Sometimes, slower is better on Wall Street… That’s especially true when evaluating planned mergers. Just look at the recent move to combine UFC – which Endeavor Group (EDR) currently owns – with World Wrestling Entertainment (WWE)… The two sides announced the deal last Monday. This merger will combine the biggest name in mixed martial arts …
The UFC-WWE Merger Earns a ‘Neutral’ Rating Today Read More »
College basketball’s version of the Super Bowl just ended Monday night… The University of Connecticut beat San Diego State University to win the NCAA title. It was the Huskies’ fifth national championship – and their first with coach Dan Hurley. But like most sporting events these days, the biggest winner didn’t even take the court… …
This Betting Giant Is Surging… But the Power Gauge Urges Caution Read More »
