Word: margining
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Warren Buffett, the investor and head of Berkshire Hathaway, noted some of these trends two years ago, when his Geico insurance subsidiary doubled its projected 4% profit margin because the number of claims was decreasing. Last year margins were well over the target again. Buffett warned that such stellar results would not persist because they would soon invite competition. That's what has happened, and now he expects the industry's margins to contract as insurers cut prices to battle for market share--bad news if you own the stocks but not if you're a policyholder...
Childish handwriting in black marker on a sheet of pink copy paper proclaims: "Gnomon Copy is the best + number ONE." Smiley faces adorn all the o's, and a large heart is drawn in the margin...
Childish handwriting in black marker on a sheet of pink copy paper proclaims: "Gnomon Copy is the best + number ONE." Smiley faces adorn all the o's, and a large heart is drawn in the margin...
Barak's campaign appears to be quite effective. Polls indicate that Barak will best Bibi by a margin of 49 percent to 38 percent today. However, these statistics may not be attributable to James Carville's deft spinning or Arthur Finkelstein's campaign blunders. Rather, the polls more likely reflect the fact that the electoral landscape has tipped in Barak's favor over the last few days. Thus far, the race between Netanyahu and Barak has been neck and neck. Therefore, every percentage point counts. Very recently, the Israeli-Arab prime ministerial candidate, Azmi Bishara, dropped out of the race...
...breaking news. Both the N.Y.S.E. and NASDAQ are also planning to extend trading hours, at least until 9 p.m. For now, the SEC can only counsel restraint; Levitt advises online traders to use limit orders, so they only get a stock at a set price, and avoid buying on margin...