Moon Kil Woong
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Do Rocket Stocks Really Deliver? [View article]
I have watched these stock lists go from one failed recommendation to another for years from Krispy Kreme, Enron, and Boston Market to Crocs, Haliburton, Bof A, and Bre-X. Basically, I've noticed they manage to always capture the worst stocks and stock frauds along with a few gems. They also like current winners rather than seeing future category winners. 10 years ago you will probably see them recommending Dell, Microsoft, and Cisco not Apple.
Apple Boosts the 'Rocket Stock' Portfolio [View article]
What (If Anything) Has Tiger Woods Actually Cost Shareholders? [View article]
What Tiger did is not an affront o the sport, or to the sponsors, or to their fans. What he did is an affront to human decency. As such his error is not really quantifiable to market values. He has ruined a wonderful female who happens to be his wife and has embarrassed his kid who happens to be his child.
Unemployment Abounds - But Not for IT and Management Consultants [View article]
I have stated many times that you can distinguish a false bottom vs. a real recovery by focusing on the tech sector. If the tech sector doesn't improve don't expect a real recovery. I think the author is of the same mind.
As for accenture and consultants. I tend to lop them into bankers and financial engineering miracle workers. I don't see a major recovery there and if we are waiting them to soak up the millions of lost jobs we will be waiting a lifetime. They tend to prefer to pay themselves millions more per head than hire anyone else. Apparently that is the type of business model they push and one reason why the businesses they consult for are firing peope in droves.
One consulting friend of mine tells me he thinks 85% of the employees are useless and if you can identify the 15% that are productive, give them 1 staffer to help them you can fire the other 70% and more than double your profitability. He is a great believer in 6 Sigma. Go figure.