The following was an article I wrote in March of 2001… This past month the New York State Attorney General has finally started to take some action against many of the large brokerage firms and the conduct of their analysts. Both are implicated in causing much of the carnage in the equities markets over the […]
Growing up in a small town in upstate New York we were lucky enough to have one of those small town weekly newspapers. We looked forward for the arrival of each week’s addition. I remember fondly, anxiously waiting to see if our athletic heroics of the past week were covered in that week’s addition. Maybe […]
I am amazed at the 180-degree turn that the major brokerage firms have taken in their marketing strategies over the past year. Gone are the get rich quick commercials with “Stewart”, and “truck drivers owning their own country.” We have returned to the stuffy, conservative commercials of old, with voice-overs by William Dafoe and Steve […]
Here are some red flags that such professional investors watch out for to guard against potential trouble down the road: Invoices Increasing, Sales Slipping: If a company’s accounts receivables are growing faster than sales, which signals some concerns about the quality of the sales. Among other things, swelling accounts receivable could indicate “channel stuffing,” or […]
Here are the signs that our portfolio managers look out for that signal a potential bankruptcy. SWAPS: The derivatives markets can be especially valuable as an early-warning signal particularly the credit-default swap market, where institutional investors seek financial protection against corporate bankruptcies. The default swap market is probably the most sensitive measure of how market […]
I have Enronitis. Not the same Enronitis that democratic pundits like Terry McAullife are trying to sensationalize. My Enronitis takes the form of a repetition and “I told you so” syndrome. All anyone wants to talk about is Enron and they all want to know how I knew of its demise. Well, over 200 radio […]
We have been very diligent and busy here at Markowski Investments the past few years. Through our newsletter, the “Markowski Monthly”, and via the many radio and television appearances we make, we have tried to expose any malevolent actions or events that could adversely affect the American people. For the past few years we have […]
I happen to be a big fan of the cinema. It is unfortunate that Hollywood has been doing such a bad job putting out any original product. Years ago there was a comedy movie starring Bill Murray called “Groundhog’s Day”. In my opinion, this was one of the funniest and most original films ever. A […]
NOVEMBER 2011 Free-market economist Milton Friedman travelled to China in the 1960’s. He visited a worksite where the government was building a new canal. Friedman was shocked that modern machinery like tractors and earthmovers were not being utilized to speed and ease construction. He asked his host why there were so few machines. The government […]
“I’m fixing a hole where the rain gets in, And stops my mind from wondering, Where it will go? I’m filling the cracks that ran through the door, And kept my mind from wondering, where it will go…” THE BEATLES I think this song by the Beatles should be the theme song for Markowski Investments. […]