Monthly Archives: November 2015

The HBCU Money™ Weekly Market Watch


Our Money Matters /\ November 20, 2015

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $8.00 (0.13% UP)

M&F Bancorp (MFBP) $3.20 (0.00% UNCH)

Radio One (ROIA) $1.87 (2.60% DN)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  308.52 (2.42% UP)

Botswana Stock Exchange (BSE)  10 593.82 (0.02% UP)

Ghana Stock Exchange (GSE)  1 972.64 (12.75% DN)*

Nairobi Stock Exchange (NSE)  147.04 (N/A)

Johannesburg Stock Exchange (JSE) 52 240.58 (0.24% UP)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 444.20 (0.12% UP)

London Stock Exchange (LSE)  3 475.04 (0.12% UP)

Tokyo Stock Exchange (TOPIX)  1 603.18 (0.17% UP)

Commodities

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HBCU Money™ Business Book Feature – The Most Important Thing: Uncommon Sense for the Thoughtful Investor


TheMostImportantThing1

Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world’s leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all readers can benefit from Marks’s wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor.

Informed by a lifetime of experience and study, The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today’s volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways.

Marks expounds on such concepts as “second-level thinking,” the price/value relationship, patient opportunism, and defensive investing. Frankly and honestly assessing his own decisions–and occasional missteps–he provides valuable lessons for critical thinking, risk assessment, and investment strategy. Encouraging investors to be “contrarian,” Marks wisely judges market cycles and achieves returns through aggressive yet measured action. Which element is the most essential? Successful investing requires thoughtful attention to many separate aspects, and each of Marks’s subjects proves to be the most important thing.

“This is that rarity, a useful book.”–Warren Buffett

HBCU Money™ Dozen 11/9 – 11/13


 

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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

The fix is in: Proof that H-1B visa abuse is rampant l Infoworld http://ow.ly/UA3Pr

10 mi—unaccessible by road—stood between us and a decommissioned weather research station. l US EPA http://ow.ly/UA4qx

The 40-year-old axion is set to knock down 3 of the biggest mysteries in physics at once l New Scientist http://ow.ly/UzrEZ

Spotify launches personalized concert recommendations l Macworld http://dlvr.it/CkCzQk

US #fish species are heading north, to deeper water. l Pew Environment http://pew.org/1MSouGN

Half of U.S. businesses have no formal BYOD policy for security l Computerworld http://ow.ly/UA5bJ

Federal Reserve, Central Banks, & Financial Departments

Big banks’ high fees driving millennials to local FIs HT l CUNA http://ow.ly/UzJQG

What compels people to build businesses? #EconomyMatters spoke to entrepreneurs to find out l Atlanta Fed https://goo.gl/oatBKE

Here is the latest http://Realtor.com attack aimed at Zillow l Housing Wire http://bit.ly/1MEkXtE

How can we end maternal deaths by 2030? Stronger health systems, girls’ edu l World Bank http://wrld.bg/Uz9J4

The impact of migration on long-term income growth and distribution l NBER http://bit.ly/1QkHjmg

Value Investing 101 l ETF Database http://ow.ly/UzvMU

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

The HBCU Money™ Weekly Market Watch


Our Money Matters /\ November 13, 2015

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $7.80 (0.00% UNCH)

M&F Bancorp (MFBP) $3.25 (0.00% UNCH)

Radio One (ROIA) $1.96 (2.00% DN)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  303.14 (0.38% DN)

Botswana Stock Exchange (BSE)  10 585.59 (0.00% UNCH)

Ghana Stock Exchange (GSE)  1 974.09 (12.69% DN)*

Nairobi Stock Exchange (NSE)  143.32 (N/A)

Johannesburg Stock Exchange (JSE) 51 199.34 (1.65% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 212.08 (0.23% DN)

London Stock Exchange (LSE)  3 365.18 (0.89% DN)

Tokyo Stock Exchange (TOPIX)  1 585.83 (0.49% DN)

Commodities

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October 2014 To October 2015 Average Earnings – Up 2.5 Percent


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October 2014 Average Earnings: $24.59

October 2015 Average Earnings: $25.20

Month Change: Up 0.04 Percent