Professor Elam
Accounting & Investing Info for San Antonio A & M
about
Category: Socionomics
-
Tuesday November 20 2012 Here is a couple who dropped and sold everything to write apps for tablets and phones. Now recall that Apple just dropped from $700 to about $525.This is typical top of the market thinking. I can recall people telling me they owned garden.com in 1999 wanted to buy into the Facebook IPO Neither…
-
Tuesday November 13 2012 Has NASCAR Mania Peaked? That appears to be the case. Just as NASCAR went national, the fan base in teh south started shrinking. Frankly I never quite understood the appeal but. It will take some soncionomic investigatino to see what turned the faithful off from this loud, noisy thrill ride. But…
-
Wednesday October 31 2012 The prospect of a 75% tax rate on well to do French Citizens is bringing more homes to market. Laws, of course in France, restrict the number of properties for sale so this apparently brings the market more in balance. If the French are selling, who is buying? INdividuals outside the…
-
Wed October 31 2012 The Children's Investment Fund Foundation will loan $400 M ot Los Angeles based CIM group to construct 432 Park. 432 Park will be (really?) the tallest residential building in America at 1395 feet. A CIM principal notes that his firm is obtaining debt that is low priced and flexible, flexible presumably for…
-
Friday October 26 2012 You may have read some clap trap in your courses or textbooks that the FED leads the markets and governs what happens. This article by Socionomist Alan Hallrefutes this notion. It is currently featured on Yahoo Finance. The FED is A player not The Player. Interest rates are determined in Chicago at…
-
Wednesday October 24 2012 Way back in 1975 I worked for Kenneth Schnizter's Century Development Corp. Kenneth erected office buildings along Kirby Drive in Houston. This culminated in the creation of Greenway Plaza. Greenway stretched from one exit to the next on the Southwest Freeway. The SW Freeway connects downtown to the Galleria and points…
-
Weekend Sept 30 2012 I highlighted the Skyscraper Theory in my address to the Structural Engineers State Meeting this past Friday. Expansive social mood leads to expansive projects. These are usually planned near the top of an economic boom. The problem is that the building then opens during the following downturn. The Empire State Bldg…
-
Monday Sept 17 2012 I have enjoyed reading the posts on the Discussion site over the weekend. Some of you doubt that mood is generated within, several of you remarked that indeed the conventional wisdom that we are passively acted upon by the media. Those hints and suggestions determine how we feel. Really? Let's use…
-
Wed Sept 12 2012 I frequently mention the upstart success of Lululemon LULU as an example of a hot stock sporting a hihg P/E ratio. Thankfully this company has removed the stigma of having to attend yoga class attired in run of the mill department store togs that scream, Clearance Sale! I know this comes…
-
wednesday Sept 12 2012 This writer suggests that Chicago drop its ties to its failing public school system. I mentioned in class yesterday that we would probabaly never see another defined benefit plan and the writer suggests they adopt a defined contribution plan. If this idea catches on it will change the public school landscape. With…