Investing and Global Finance News

Monthly Archives: March 2013

Small Businesses Support Sun Life Stadium

Small businesses are supporting the modernization of South Florida’s Sun Life Stadium. The Miami Dolphins are hoping to gain public funding as well. According to the team, small businesses are hoping to benefit benefit from a sale tax rebate and a Miami-Dade County hotel tax are approved to fund the stadium improvements.

“It just helps the community to be alive. People spend more money on food. They can go to the supermarket and it helps everyone in the community,” said Fernando Martinez of Roma Foods.

7 News covers the story:
WSVN-TV –
 

 

Stephen Leeb: Investing in Railroad Companies

In the past, railroad company shares were considered cyclical, almost boring stocks when compared with growth stocks. About 8 years ago, oil prices climbed significantly, pushing transportation costs to an all-time high. As a result, the price of transporting goods and people also peaked. “In a world of high oil prices and potentially scarce energy… Continue Reading

Celebrities Take Interest in the Wine Business

A new trend is becoming increasingly popular amongst celebrities: wine. Fergie recently launched her Ferguson Crest brew from a Santa Barbara winery, while Drew Barrymore released her Barrymore Pinot Grigio from Italy. However, the most popular (and already successful) fresh sommeliers are the famous couple Brad Pitt and Angelina Jolie. Brangelina has unveiled a rose… Continue Reading

Warren Buffet on Value and Quality Stocks

Warren Buffett, arguably the most famous “value investor”, recently discussed high quality stocks. In a letter to shareholders, he explained how Charlie Munger taught him the true meaning of value: “More than 50 years ago, Charlie told me that it was far better to buy a wonderful business at a fair price than to buy… Continue Reading