Articles Written by:    GREG FEIRMAN     

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What I’m Reading Today

“It was kind of crazy we could get this big a loan.  If a government official came out here, I would slap him a high-fiave” - Mike Rowland, a 27 year old, pictured center above, who along with two other friends received an almost $1 million FHA loan to ...

From GREG FEIRMAN, TopGun FP,  20 Nov 2009

Top Gun FP Client Note: What The Greatest Investor In The World Is Doing Right Now

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right hand corner of the website.  I will also be posting the notes on my blog ...

From GREG FEIRMAN, TopGun FP,  19 Nov 2009
Related Topics: Wall Street Journal,  International Monetary Fund,  New York Times Company

Revisiting Meredith Whitney’s WSJ Op-Ed “The Credit Crunch Continues”

Anyone counting on a meaningful economic recovery will be greatly disappointed.  How do I know?  I follow credit, and credit is contracting.  Access to credit is being denied at an accelerating pace.  Large, well-capitalized companies have no problem ...

From GREG FEIRMAN, TopGun FP,  17 Nov 2009
Related Topics: Wall Street Journal

WSJ Front Page: GE Pursues Pot Of Government Stimulus Gold

The government has moved in next door, and it ain’t leaving.  You could fight it if you want, but soceity wants change.  And government is not going away. - Jeff Immelt, CEO, General Electric, in June at the International Economic Forum of the Americas ...

From GREG FEIRMAN, TopGun FP,  17 Nov 2009
Related Topics: Jeffrey Immelt,  General Electric,  Wall Street Journal,  Barack Obama,  Economic Recovery Advisory Board

Buffett Tells Charlie Rose Expecting “Reasonable Return” On Burlington Investment

WARREN BUFFETT: Reasonable return is good enough, Charlie.  I mean, 50 years ago, I was looking for spectacular returns, but I can’t— I can’t get them.  We have— we have eight or $10 billion to invest every year.  And we’re in the utility business, and ...

From GREG FEIRMAN, TopGun FP,  17 Nov 2009
Related Topics: Charlie Rose

Okay Quarter At Disney

Disney (DIS) reported earnings after the close but the numbers were distorted by an extra week in the current quarter.  Therefore, they beat on revenue and earnings but I’m not sure analysts were accounting for the extra week. Revenues and operating ...

From GREG FEIRMAN, TopGun FP,  12 Nov 2009
Related Topics: ESPN

Judy Shelton In The WSJ: The Fed’s Woody Allen Policy

But what if the Fed’s efforts to stoke a recovery are merely creating asset bubbles in equities and elsewhere?  What if government guarantees—explicit and implicit—are encouraging high-risk investment behavior rather than restoring conditions for ...

From GREG FEIRMAN, TopGun FP,  12 Nov 2009
Related Topics: Woody Allen,  Dow Jones

WSJ: Central Banks Intervene To Prop Up Dollar

Fascinating front page article in today’s Wall Street Journal on central banks around the world intervening to try and prop up the dollar and prevent their currencies from appreciating so much against it: “World Tries To Buck Up Dollar”, The Wall ...

From GREG FEIRMAN, TopGun FP,  12 Nov 2009
Related Topics: Wall Street Journal

Top Gun FP Client Note: Let The Bubble Blow

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right hand corner of the website.  Here is this week’s. That’s the signal the ...

From GREG FEIRMAN, TopGun FP,  10 Nov 2009
Related Topics: Burlington Northern Santa Fe,  International Monetary Fund,  New York Times Company,  Federal Reserve,  Warren Buffett

Complex Motives Behind Buffett's Burlington Northern Buy

Some analysts have been puzzling over the high price Buffett agreed to pay for Burlington Northern Santa Fe (BNI). He paid $100 a share for a company that has earned $5.38 over the last 12 months for a trailing multiple of 18.6. Book value is $36 a ...

From GREG FEIRMAN, Seeking Alpha,  6 Nov 2009
Related Topics: Burlington Northern Santa Fe,  Wall Street Journal,  Alice Schroeder

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