filed in casinos and gaming, investment strategies, trading and technicals on Mar.05, 2008
John writes:
Hi Chad,
How do you differentiate between “trading” and “investing”? I’m always curious to hear what people think is the difference.
Thanks for the question, John. I don’t think there is too much of a debate over the difference, and my views likely aren’t much different than most, but I’m happy to give my personal [...]
filed in casinos and gaming, food and beverage, retail on Jan.29, 2008
Last weekend I attended some festivities for a friend’s birthday that included dinner at the Landmark Buffet at the Ameristar Casino and Hotel (ASCA) in St. Charles, Missouri. Along with spending some time with good friends, I was also especially interested to see how busy the casino was on a Friday night. If you simply [...]
filed in casinos and gaming on Aug.30, 2007
I probably wouldn’t have seen this story if I didn’t have a merger arbitrage position in Station Casinos (STN), but I’m glad I did. It turns out that Station sports books in Vegas are now going to let you bet on your fantasy football players. Here is the first couple paragraphs of the AP story:
Vegas [...]
filed in casinos and gaming on May.22, 2007
In recent years billionaire investor Kirk Kerkorian and his investment company Tracinda Corp. have been focused on potential value in beaten down automobile companies like General Motors (GM) and Chrysler. However, despite a huge upward revaluation in Las Vegas properties during that time, evidently he still sees value in that area.
Monday we learned that Kerkorian [...]
filed in casinos and gaming on Oct.02, 2006
While some of the less-knowledgeable anchors on CNBC today were saying that Harrah’s was being bought out by private equity, I couldn’t help but sit back and consider the odds that the casino giant accepts the $81 per share cash offer from Apollo and Texas Pacific. After all, the company’s shares opened at $75.42, jumped [...]
filed in casinos and gaming on Oct.05, 2005
After exhausting my own reading materials on a recent Southwest Airlines flight to Baltimore, I thumbed through the air carrier’s in-flight magazine entitled Attache. What I found in its pages was very interesting. Nearly every single page of advertising (probably half the entire magazine) had something to do with Las Vegas. Either a plug for [...]
filed in casinos and gaming on Mar.30, 2005
Certain events signal the height of fads, manias, and bubbles. Just think back five years ago when the New York Stock Exchange was considering an IPO. Is it any coincidence that the stock market peaked shortly thereafter? Whether it be the record number of technology sector mutual funds that opened in 1999, or Nasdaq traders [...]
| RSS Full Feed | ||| | Email Alerts | ||| | Read on Kindle |
| ||| |  |
||| |  |
