“In theory there is no difference between theory and practice. In practice there is.” — Yogi Berra Imagine that you are the founder of a highly successful small chain of restaurants. After immigrating to the United States from Italy as
Few examples in stock market history more clearly illustrate the risks of buying into “hopes and dreams” than the technology bubble of the late 1990s and early 2000s. Companies with no earnings and nonsensical business plans eventually ceased to exist and are now long forgotten. However, most of the well known technology firms from 2000 continue to exist today and have tested business models that generate consistent profitability. However, investors are so disillusioned that valuations have plummeted. This raises the question: Are technology companies now “value stocks” that should pay large dividends? Read this article for more details.