There was a fashion, once, for industrial conglomerates. Companies would buy each other up and the market would reward the result with a higher PE than the components. This got going in the 1960s and worked into the '70s, but went into reverse with the fashion for down-sizing, right-si ... Read more
› Tom Hughes
I'm the Chief Operating Officer for The Connors Group, the multi-media financial publishing and analytics powerhouse that sponsors The Money Blogs. (That said, all posts here are my personal opinions, not company policy.) I care about the long-run health of our country's economy and the world economy of which it is a part. Being informed about investing is a vital, and fascinating part of that. "The Longish View" is my attempt to contribute to that dialog in the market.
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