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Daily Archives: September 25, 2008

A Tractor of a Stock

September 25, 2008
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An investor with a system knows that research never stops.  Even when there’s no buying going on, the preparation for buying has to continue.  So here’s an idea for your growing watch list of stocks. My investing idea is Icon (ICLR) an Irish company that provides support for pharmas, biotechs and medical device makers that need help with product development, research and clinical trials.  Icon has been consistently profitable, with positive earnings for more than a decade.  And after a modest rough patch in 2004–05, the company has booked 11 straight quarters of earnings growth, finishing with a 35%...

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The Big Bear of 2008

September 25, 2008
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You’re living through a historic stock market event, one that will be dissected in texts and articles for as long as people study the market.  Congratulations! If your grandchildren ever get interested in the stock market and its history, you have a first-class, first-hand war story to tell them.  It’s a tale of greed and fear–the constant poles of stock market emotion–plus a clash of opinions about the proper role of government in the market. It’s a classic case of good news and bad news, and there’s been plenty of each. Suppose you’re a classic free-market capitalist, one who...

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Financial Therapy for Money Disorders

September 25, 2008
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A relatively new field of therapy might be getting a boost from the recent turmoil in the financial markets. Anecdotal evidence suggests that the number of professionals in financial therapy, for people who have “money disorders,” has grown considerably in the last several years. And with the credit crunch, housing market slump and wildly fluctuating stock market, there’s bound to be an increase in people who seek treatment. Money disorders are things like overspending, underspending, serial borrowing, financial infidelity (“cheating” on a spouse by spending and lying about it), workaholism, financial incest (lording money over relatives to control them),...

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