McDonald's will not spin off its real estate through a real estate investment trust, the company said on Tuesday at its annual investor meeting. McDonald’s, which already has a heavily-franchised model, also announced on Tuesday that it aims to be 93% franchised by 2018, up from a previous target of 90%. In the long run, it wants to become 95% franchised. Additionally, it’s raising its dividend by 5% to 89 cents per share and upping its ...
Most of us have read classic value investing books such as the "The Intelligent Investor" by Ben Graham and "The Most Important Thing," by Howard Marks. We've enjoyed reading those classics and learned tremendously from them. Also bumped into a few unconventional books, however, that I think are worthwhile to read. Some of them are not necessarily directly value investing-related, but they certainly helped me in terms of better thinking as an investor. Here is the list and a brief summary of why ...
At Baron Capital's annual investment conference star musicians and comedians were overshadowed by Tesla's Elon Musk. Each year investors in the Baron Funds spend a day listening to corporate executives and portfolio managers, interrupted only by blockbuster musical and comedy acts. The 2015 edition lived up to its predecessors Friday with the likes of Steve Martin and Martin Short, Lady Gaga and Tony Bennett, Michael Buble and Alicia Keys, ...
• The Year Ahead 2016: 50 Companies to Watch (Bloomberg) • Baby boomers are what’s wrong with America’s economy (Washington Post) • Market Changes May Prompt New Definition of Insider Trading (Dealbook) • Companies Are Attacking Consumers For Bad Reviews — Now Congress Wants To Step In (Buzzfeed) see also We Asked A Lawyer What to Do if You’ve Been Screwed by an Arbitration Clause (Vice) • Grantland and the (Surprising) Future of ...
It’s possible that China is not ready for free markets. The first sign was in the first half of 2015 when regulators let Chinese stocks soar, fueled by hugely speculative investments and a surge in margin trading. Then, after the bubble popped, policymakers cobbled together a haphazard rescue package that ultimately failed to support the market. The currency “devaluation” was an attempt to appease the IMF and also jumpstart the country’s stagnant manufacturing industry. But allowing CNY to drop ...