What’s This Talk About a “Smart Grid”?
Anyone who has been paying attention to discussions related to energy policy over the past few years has been hearing about a new "smart grid" that has the potential to play a major role in meeting the energy requirements of ...
Lowenstein’s Review of “The Myth of the Rational Market”
Roger Lowenstein's work has been discussed in some detail on The Rational Walk over the past few months. Lowenstein is the author of Buffett: The Making of an American Capitalist which was reviewed last month. More recently, he wrote While ...
Another View of Private Aviation: V1 Jets CEO Andrew Zarrow
In the video contained in this post, CNBC's David Faber interviews Andrew Zarrow, V1 Jets International CEO. It seems like many of the trends discussed by Richard Santulli earlier in the week are confirmed in this interview in terms of ...
Hurco Companies 10-Q: Warranty Provision Concerns Revisited
Hurco Companies, Inc. released a 10-Q report today which covers the company’s fiscal second quarter ending on April 30, 2009. I covered the initial release of Hurco’s earnings for the quarter in an article last week. In that article, I ...
Jack Bogle Interviewed at Morningstar Investment Conference
Jack Bogle, the Founder and former Chairman of The Vanguard Group, was interviewed on a number of subjects at the Morningstar Investment Conference last week. Bogle is perhaps most famous for creating the first index mutual fund that was easily ...
NetJets Richard Santulli Interview on Prospects for Private Aviation
In 1989, Warren Buffett spent $6.7 million to purchase a corporate jet for Berkshire Hathaway that he named The Indefensible, perhaps being somewhat embarrassed by an expense that nearly any company the size of Berkshire had long justified as essential ...
Consequences of Political Manipulation in the Auto Bankruptcies
The focus of The Rational Walk has always been on business and investment topics rather than political commentary, but lately is has become increasingly clear that the line between politics and business has ceased to exist when it comes to ...
Hurco’s Response Regarding Fiscal Q1 Warranty Reserves
In my coverage last week regarding Hurco's initial news release for fiscal second quarter results, I expressed some concern regarding the company's provision for warranty reserves documented in the 10-Q report for the first quarter and indicated that I had ...
Wal-Mart Stores Looks Attractive; Sears Holdings Shares Sold
Over the past decade, there has been a significant divergence between Wal-Mart Stores' experience from a business perspective and the returns experienced by the company's shareholders. In April, I wrote an article outlining Wal-Mart's track record over the past ten ...