Crisis Trade (FAS)

Bourbon & Bayonets

We’re flattered, honored, humbled and downright keelhauled by the tremendous response we’ve been getting to our latest postings. In fact, just last night the Mrs. and me were discussing it on the way home from our group therapy session at the local manic addictions clinic. “Why was it,” I proposed to her, “that folks ostensibly […]

January 29, 2015

Why the Financials? A Multitude of Reasons (FAS)

Bourbon & Bayonets

Let’s kick off this week with a word about earnings multiples. We’ve said it before, and we’ll say it again – multiples are Wall Street’s great fungible. They’re the gravy that gives the potatoes flavor, the gown that gives the old, torn-down hussy her lure. When Wall Street wants to keep a bull market alive, […]

June 26, 2014