Tag Archives: RIMM

Even The Widest Moat Won’t Stop A Helicopter

By | July 4, 2012

There is no doubt that the wide moat stands as one of the most durable metaphors of investing. It’s important to remember, however, that a moat will only repel a ground assault. The invention of aircraft pretty much made moats and trenches worthless in warfare. Similarly, moats around businesses can give investors and management  a false sense of… Read More »

Eastman Kodak Divests Insignificant Division, Muddles Management Structure, Stock Jumps 20%

By | December 23, 2011

Eastman Kodak(EK) was once synonymous with photography and imaging. Today, like the abandoned subwayin its home town of Rochester, it stands as a hulking relic testifying to the lost hopes and dreams of a bygone era.  Kodak’s moments are now but a series of shadowy images of past glory wafting away.  This afternoon, the company issued two press… Read More »