Expedia Group

Trimming a winner is harder than buying one. Here's how to separate thesis decay, valuation stretch, and position-size risk — and act on the right one.

Restructuring charges are supposed to be non-recurring. When they recur year after year, they stop being noise and start telling you something important about the business.

A non-accountant's walkthrough of the cash flow statement — what each line means, which ones lie, and how to spot earnings quality issues fast.

Staples and utilities get the 'defensive' label, but the historical record is messier. Here's how each so-called defensive sector actually behaved in past recessions.

Most coverage of the Fed treats rates as the story. For stock pickers, the dot plot and statement language are inputs into earnings models. Here's how to use them.

Two ratios, one stock, opposite stories. A practical framework for choosing between P/E and EV/EBITDA — and knowing when each one is quietly misleading you.