Yearly Archives: 2007

Last week’s Sports Illustrated had a puff piece on Paul Allen, Microsoft co-founder and current owner of the NFL’s Seattle Seahawks and NBA’s Portland Trailblazers. The national magazine feature explored the reasons why Allen avoids publicity. Allen comes across as … Continue reading →

European governments have a history of trying to protect companies they believe are vital to their economy. They use special privileges, such as the right to rule on strategic decisions despite a less than majority ownership, to prevent takeovers and … Continue reading →

Back on the Pharm After the health risks associated with Vioxx surfaced a few years ago, we liquidated all of our holdings in the pharmaceutical sector. The legal liabilities were the spark that caused us to re-evaluate our investment thesis … Continue reading →

China ’s economic growth has been viewed as a supernatural event. While we view China’s impact on the global economy as significant due to its industrializing commerce and from the fact that the country is home to about 20% of … Continue reading →

Board of Governors of the Federal Reserve System (Release Date 9/18/2007): The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 4-3/4 percent. Economic growth was moderate during the first … Continue reading →