What a simple long-term solvency ratio says about Caterpillar

Financial ratios can be very helpful in measuring the performance and health of a corporation. Each year in the investing class we take a look at Times Interest Earned. As the name implies, it reveals how many times over a corporation is able to pay the interest on its long term debt. The point is that when a corporation’s profits are no longer sufficient to pay the interest, there’s likely trouble ahead, including the possibility of bankruptcy.  We usually look at and discuss the ratios for at five corporations.

The one email that could have saved Hillary

At the very first Democratic primary debate held on October 13, 2015 , Bernie Sanders made the immediately foolish statement that “the American people are sick and tired of hearing about your damn emails.” Besides giving a pass to Mrs. Clinton for her culpability on an important transgression, he was way too premature in his assessment. There would in fact be sustained interest in her emails through the election more than a year later.

The Best of the 2016 Presidential Election

November 8, 2016, was to be a history-making election, with Hillary Rodham Clinton smashing through the glass ceiling on her way to the Presidency. But, it was not to be. Despite the wall-to-wall media narrative that Mrs. Clinton’s triumph was all but inevitable, tens of millions of regular people thought otherwise.

Should you trust the CDC? An analogy may help you decide.

The documentary Trace Amounts explains that in 1999 the CDC conducted a study (often referred to as the Verstraeten study) regarding mercury and major neurological diseases, including autism. The study showed a shocking 7.6 reading for association with autism. This number represents relative risk. It means that a child receiving a vaccine containing Mercury would be 7.6 times more likely to develop autism than a child not receiving the vaccine.

How a money manager realized High Frequency Traders were ripping him off

The book Flash Boys by Michael Lewis tells the story of how a mild-manner stock trader named Brad Katsuyama, while working at the milder-mannered Royal Bank of Canada (RBC), identified how High Frequency Trading (HFT) firms were stepping between buyers and sellers to make an unfair profit for themselves. How do they do this? The short and no-longer-a-secret answer is that they pay the stock exchanges enormous sums to give them information about what’s happening in the market before it is seen by ordinary investors.