William (Bill) Patalon III is the Executive Editor and Senior Research Analyst for Money Morning. Before he moved into the investment-research business in December 2005, Bill spent 22 years as a journalist, most of it covering financial news as a reporter, columnist, and editor that included stints withGannett Co. Inc., and The Baltimore Sun.
Today Bill is the creator and editor of Private Briefing. With his latest project, he takes you "behind the scenes" of his established investment news website for a closer look at the action. Members get all the expert analysis and exclusive scoops he can't publish... and some of the most valuable picks that turn up in Bill's closed-door sessions with editors and experts.
To read more about Bill Patalon and his publications visit MoneyMapPress.com.
When folks ask me why I’m such a business-news junkie, I point to the up-and-down sagas like the one that continues to play out at the Marissa Mayer-helmed Yahoo.
Thanks to Yahoo’s pre-IPO stake in Alibaba Group, the long-suffering shareholders of that wheezing Internet pioneer found themselves with a $40 billion windfall when China’s top e-commerce firm went public in September 2014.
Not only was it a terrific drama, but my Private Briefing readers got the chance to clean up on the 50%+ rocket ride Yahoo shares took that year.
So watching Team Mayer fumble that victory – transforming it into another period of deep shareholder pain – has been profoundly disappointing.
But here’s the good news.
I know exactly what Mayer needs to do to save Yahoo and its shareholders from absolute ruin.
You see, I’ve seen this before…
Tags: (Nasdaq: YHOO), Marissa Mayer, Yahoo CEO Marissa Mayer, yahoo stock, YHOO, YHOO Stock
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