Tuesday, July 26, 2005

News of the Day

  • The Next Bubble, after residential real estate.........Currency Trading. Already starting to see the scams. (Wall Street Journal)
  • Is bigger better? Won't you eventually run out of "big" things to buy........or more importantly, sell? (The Globe and Mail)
  • Microsoft, the new FBI/CIA/DOJ? Spread 'em boys and girls! (New York Times)
  • Derek DeCloet thinks that EBITDA is a good starting point to analyze income trusts.........how about this, look at the cashflow statement instead......EBITDA leaves out a few important things.........like changes in working capital, capital expenditures, financing....minor stuff really.

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