Finance Roundtable

Finance Roundtable

The market forecasters and personal finance blogs complement the Economics Roundtable.

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Jeff Matthews Is Not Making This Up


September 18, 2016, 11:13 pm, 1674336

 In case you thought Berkshire Hathaway was involved in only one bad deal—the $36 billion all-cash takeover of cyclical, airline-supplying Precision Castparts for 20-times what may (or may not) turn out to be peak-cycle earnings—well, there’s ...


September 18, 2016, 11:13 pm, 1674337
 TV personality, author and commentator William D. Cohan is grumpy about a lot of things. There’s the Duke lacrosse scandal, for one, about which he’s just publish a “shocking, thought-provoking new book”—according to the description ...


September 18, 2016, 11:13 pm, 1674338
                  The best part of this year’s Berkshire meeting—except seeing Charlie Munger in good form, which we’ll get to in a bit—was the movie.


September 18, 2016, 11:13 pm, 1674339
 Tom Prescott announced his retirement last night.   You may not have heard of him, but as CEO of Align Technologies (the inventors of Invisalign “invisible braces”) Prescott helped turn ...


September 18, 2016, 11:13 pm, 1674335
2015 Editor’s Note: We have not heard much new in the way of holiday music, ...


September 18, 2016, 11:13 pm, 1674334
    Well it’s earnings season again.    That means it’s time for IBM to puke another quarter and hold an incomprehensible—literally, incomprehensible—earnings call during which it spins every ...


September 18, 2016, 11:13 pm, 1674331
  In the world of Shake-Shack, everything is about “The Shack.”   Where most restaurants report “same-store sales” and “store-level operating margins” and “store economics,” SHAK reports “same-shack” sales and “shack-level operating margins” and “shack-onomics.” It’s a cute, quirky culture the ...


September 18, 2016, 11:13 pm, 1674332
 It’s bad enough when analysts thank CEOs for letting them ask a question on an company earnings call, at least when they do it in a way that goes beyond a simple act of politeness and more towards a cringe-making act of fawning, which too many analysts have ...


September 18, 2016, 11:13 pm, 1674333

Mr. McCleery: You aren’t one of those agitators, are you?Benjamin: What?Mr. McCleery: I hate ’em. I won’t stand for it.—The Graduate
  We here at NotMakingThisUp only write book reviews when we like the book.   (If we don’t ...


September 18, 2016, 11:13 pm, 1674330
 Back in May—that’s less than two months ago—the Chief Marketing Officer of Mattress Firm (ticker: MFRM; Tangible Book Value Negative $30.32 Per Share if our Bloomberg is correct)—was asked how business had started the new year.  “It continues to be ...