Author's articles
An Analysis of Nintendo (NTDOY)
By Geoff Gannon · 18 years ago
Even before last week's announcement from Sony (SNE), it seemed nearly certain that company's dominance in the PlayStation 2 generation of video game consoles would give way to a much more level playing field for ...
Sony Delays PlayStation 3
By Geoff Gannon · 18 years ago
As a result of problems related to the mass production of a key component of its Blu-ray DVD player, Sony (SNE) will delay the European launch of its next generation video game console, the PlayStation ...
Sumner Redstone Fires Viacom CEO Tom Freston
By Geoff Gannon · 18 years ago
On Monday, Sumner Redstone fired Viacom’s CEO, Tom Freston. Yesterday, Viacom announced that its Board of Directors had appointed Philippe Dauman President and CEO and Thomas Dooley Senior Executive V.P. and Chief Administrative Officer (a ...
An Analysis of Wells Fargo & Company (WFC)
By Geoff Gannon · 18 years ago
Wells Fargo & Company (WFC) is a huge Western and Midwestern bank that provides a diverse array of financial services to its more than 23 million customers. The company employs more than 150,000 people at ...
On Banks
By Geoff Gannon · 18 years ago
Superficially, banking appears to be a commodity business. In fact, it appears to be a particularly poor commodity business, because capacity is not constrained by the need to invest in a substantial physical infrastructure. True, ...
The Danger of Inflexible Enterprises
By Geoff Gannon · 18 years ago
Whenever a large investment has been made in a particular area, whenever there is a lot capital, people, and ego tied up with some operation, the transition away from that operation is apt to be ...
Mismanagement at The New York Times
By Geoff Gannon · 18 years ago
The New York Times Company (NYT) isn’t just reporting the news – it’s making the news. At yesterday’s annual meeting, shareholders withheld 28% of their votes for the four directors elected by holders of the ...
Investing with Confidence
By Geoff Gannon · 18 years ago
Most people’s beliefs about investing are very tenuous. There are, of course, people who are very passionate about investing. They don’t view investing as some esoteric subject, but rather as a field intimately connected to ...
Stocks Look Pricey
By Geoff Gannon · 18 years ago
The first quarter of 2006 is over. Now is a good time to reflect on stock prices and the opportunities they present.
Bargains are scarce. Equities are expensive. In recent weeks, I’ve heard several fund ...
Buffett's Big Bet
By Geoff Gannon · 18 years ago
Over the past few days, there have been several stories written about Warren Buffett’s $14 billion bet on global stock markets. I believe these stories are all in reference to this excerpt form Berkshire Hathaway’s ...
What is Value Investing?
By Geoff Gannon · 18 years ago
Different sources define value investing differently. Some say value investing is the investment philosophy that favors the purchase of stocks that are currently selling at low price-to-book ratios and have high dividend yields. Others say ...