Articles Written by:    THE STALWART     

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KKR Seeks to Avoid Apollo's Fate in Private Equity Drama

As the economy weakens and credit markets remain tight, we're seeing examples everywhere of private equity players under pressure as their boom-time buyouts turn sour. I thought some interesting examples include Linens N' Things, purchased by Apollo ...

From THE STALWART, Seeking Alpha,  11 Dec 2008
Related Topics: Wells Fargo,  Citigroup,  Google Inc.

Dryships: The Saga Continues

As for how might someone value dryships? Well let's think as if one were actually in the industry looking to expand your fleet. An industry player can either buy ships in the market or buy a company that owns ships. If you get far more ships for your ...

From THE STALWART, Seeking Alpha,  9 Oct 2008

Never Enough Lessons on Forward PE

Never enough lessons on forward PE, especially for cyclicals. On Tuesday, dry bulk shipper Dryships hit an all-time low of US$21.8, down from a peak of US$120, and down from the US$64 back when Barron's called the Buy on the stock. Everyone is wrong at ...

From THE STALWART, ETF Investor,  8 Oct 2008

Suddenly Everyone's a Market Expert

After a day of doing absolutely zilch, I spent some time clicking around tech blogs, and was amused to find a post from Robert Scoble artfully titled We’re in a death spiral, referring to the crumbling economy (if you don't already know who Scoble is, ...

From THE STALWART, ETF Investor,  7 Oct 2008
Related Topics: Scobleizer

John McCain's Questionable Capitalist Philosophy

One of the enduring moments from the 2000 Republican Primary was when, in a debate, Bush was asked who is favorite political philosopher was. The question was directed at Bush, because, of all the candidates, he seemed the least likely to be ...

From THE STALWART, ETF Investor,  17 Sep 2008
Related Topics: John McCain,  U.S. Republican Party,  FOX Broadcasting Company,  Barack Obama

Don't Mistake Intrade for an Oracle

Barry Ritholtz is so sharp, but when it comes to event contracts or "prediction markets" like Intrade, he seems to have blinders on. Today he takes on Intrade's failure to accurately predict the Republican Veep nominee. Yep, up until yesterday it was ...

From THE STALWART, Seeking Alpha,  29 Aug 2008
Related Topics: Oracle,  U.S. Republican Party,  Sarah Palin

Dave & Busters File for IPO - In This Market!

A shocking IPO candidate in this market... Dave & Busters, the Chuck-E-Cheese's (CEC) for adults, whose locations can be found in subprime-sprawlville everywhere across America, has filed for a $170 million IPO. I suspect the company is particularly ...

From THE STALWART, ETF Investor,  12 Jul 2008
Related Topics: NASDAQ

RyanAir Provides Unorthodox Lesson in Internet Marketing

Here's a case study b-school students may be studying next year in some kind of internet marketing class. Exhibit A: JC Penney (JCP). Apparently its ad agency made some YouTube video and it implied some kids might have had sex, which caused them to ...

From THE STALWART, ETF Investor,  25 Jun 2008

Internal Memo Leaks: Then Vs. Now

You may have heard that a fairly well known executive at Yahoo, Brad Garlinghouse, is leaving the company. Why is he well known? Basically 'cause a couple years ago he wrote a scathing internal memo slamming the company. If it weren't for that, it's ...

From THE STALWART, The Internet Stock Blog,  20 Jun 2008

Google Hasn't Won the Search Game Yet

The other day, I jokingly proposed a new startup, kind of a play on music discovery site Last.FM. Maybe it'd be called Lastsearch.FM. Anyway, the basic idea is this: everyone uploads all of the search engines they have in their Firefox search bar, then ...

From THE STALWART, Seeking Alpha,  19 Jun 2008
Related Topics: Google Inc.,  eBay Inc.,  Technorati,  Twitter Inc,  Viacom, Inc.

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