At L Squared Wealth Management, excellent service is one of our core values. It surprises us when a company that provides poor service is very profitable. Spirit Airlines is one of the fastest growing airlines in the US, with revenue growth over 20% per year for the last five years. Spirit has specialized in a la […]
General
Manifest Destiny
24 years ago, I quit my job at IBM’s East Fishkill semiconductor facility to go to work for a small, high tech company in California. It wasn’t an easy decision at the time. I had grown up in an IBM family in the Hudson Valley. IBM was in my blood. At that time, very few […]
Are You Your Own Worst Enemy
I am often asked my prediction for the market. I typically tell people the truth: I don’t know what the market will do, especially for the short term. Good news doesn’t necessarily translate into higher stock prices, and conversely, bad news doesn’t always translate into lower prices. Honestly, I don’t believe anyone can predict the […]
AMAT – TEL Merger: Effect on Stockholders
Applied Materials and Tokyo Electron plan to complete their corporate merger in the second half of 2014. The new company will be called Eteris and will be incorporated in the Netherlands. This is another example of American corporations merging with foreign corporations and reincorporating overseas. The result for the corporation is lower taxes since many […]
Help! My Restricted Stock Units Just Vested. What Do I Do?
Many employees in the Bay Area, especially in Silicon Valley, have restricted stock units (RSUs) that have been granted to them by their employer. These RSUs are one method that your company uses to retain talent. Back in the 1990s, many companies used stock options for this purpose, but these have largely been replaced by […]