The deal machinations many companies put themselves through, while certainly a bonanza for investment bankers, can confound the typical investor.
The mark of a wise person isn't never making mistakes - everyone makes plenty of them. Rather, it's the ability to quickly admit - and fix - them!
Many significant stock-price inefficiencies can occur when a company is spun off.
When reviewing one's portfolio, it is important to be aware of common mental mistakes that may lead to bad decisions. The most powerful is commitment bias, which, as manifested in investing, is the tendency to fall in love with one's stocks.
There's a real company in Facebook and then a lot of pretenders riding their coat tails.
Mueller is the leading North American provider of water infrastructure and flow control products - things such as fire hydrants, valves, pipes, fittings, and couplings. While this is no doubt a mundane business, it is also an excellent one.