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The War on Drugs

Dec 22, 2003 | Paul N. Jaber, Jr., CFA

Background “Things would be different if these companies had a pipeline.” “They used to spend on research and development

More Onerous Accounting Games

Dec 15, 2003 | Paul N. Jaber, Jr., CFA

Though I think the abuse of stock options is most galling, here are two more accounting conventions that raise

Microsoft Musings

Nov 26, 2003 | Paul N. Jaber, Jr., CFA

It Starts with the Balance Sheet One of the fund’s core positions, Microsoft (MSFT) has recently been exhibiting some

Why Diversification Doesn’t Make Sense

Nov 10, 2003 | Paul N. Jaber, Jr., CFA

The Argument for Diversification For as long as I can remember, the asset management industry has been pushing and