7 Apr, 2008
Unless you live in Texas, chances are you’ve never heard of Luby’s Inc (LUB). This company has 128 restaurants, most of them in Texas, but some in four nearby states. They provide customers with cafeteria-style dining that is very popular among many ages and ethnicities, not the least of which is the baby boomer generation. This generation is retiring en masse as we speak. They are only going to have more time on their hands and more cravings for yummy cafeteria food. Luby’s menu is comprised mostly of home-style food: Salisbury steak, chicken fried chicken, liver and onions… you get the picture. Read the rest of this entry »
22 Jan, 2008
After checking the futures over the weekend, I knew the market was going to drop a lot at the open. Like most people, I was happily surprised that the Fed decided to cut interest rates by .75%, which likely averted a market catastrophe.
Read the rest of this entry »
21 Jan, 2008
In today’s unstable market, many people are considering shorting stocks. This might be because they believe the market is going to get worse, so they want to bet against the market or they just wish to hedge their bets. Here are three points to consider when going short:
Read the rest of this entry »
10 Jan, 2008
If you are going to beat the market, you will need to do something better than most investors out there. This is no easy task. Remember, most money is managed by professionals. To beat the market, you need to know something that most professionals don’t know about the stocks you trade.
Read the rest of this entry »
