Federal shutdown enters its 24th day. We are now in uncharted waters. Will this be the push to plunge the US economy into recession? Here is what I am reading today: 1. Margin of Safety Saves the Day in a DCF Valuation of Harley-Davidson – A cautionary tale from Old School Value blog on why… [Read More]
Other Blog Articles
The end of the year is a time for planning and strategy for investors, which is why it’s important to be up to date with the best tax strategies to apply. These are measures you can take at the end of every year to make sure you’ve done everything in your power to protect your hard-earned gains.
On Oct 22, ARII (American Railcar Industries) stock was sold at $69.814/share. We purchased the shares in Oct 2013 for $39.99/share. Including the dividends, we achieved a total return of 93.75% on this investment. ARII was majority owned by Carl Icahn through his investment arm. The original investment thesis relied on the increasing demand for… [Read More]
The basic idea behind value investing is to buy stocks that have greater intrinsic value than the market is valuing it for. Essentially, price is less than the value. Now value can be a tough nut to crack in many cases. But not for the stocks I have listed here for you today. These stocks… [Read More]
Over the last few months I have been working on a much formalized strategy for position sizing and risk management in the portfolio. This new strategy borrows elements of downside risk protection from short term traders (the best of them win because they manage risks properly), as well as many ideas from the new concepts of factor based investing and possibly utilizing smart beta etfs (see: beta of stock).
I speak live with Benzinga’s Joel Elconin on the Premarket Show. Broadcast on Dec 2, 2016 at 8:35 am. My segment starts at 31:42 in the stream embedded below
Join me September 20th, at 3:15 – 4:15 p.m. PT / 6:15 – 7:15 p.m. ET, as I host live twitter chat with Schwab (Q&A Panel on Current Market Trends). The panel will include discussion on trading and current market trends following Brexit. Audience members will be able to ask questions during this segment. Moderated… [Read More]
I again had the opportunity to speak with Brian Bain from Investor in the Family who has a very popular investing podcast on iTunes. We discussed the market conditions today and where the opportunities can be found. Take a listen: The original podcast is posted on Brian’s site at Investor in the Family
At this time in the market there is no shortage of stocks selling at low multiples of their fundamentals. There is blood in the streets, specially among the small and mid caps, and of course the value assets have suffered in the last couple of years. This makes low P/E stocks even more enticing from… [Read More]
If you’re a professional or self-directed investor, regardless of sector or style, I want to let you know about a unique online event coming up that I’m excited about and honored to be included as a speaker. Eight successful investors will share how they approach investing as an overall philosophy and what their highest conviction… [Read More]
On Dec 23, 2014 we exited our position in Stewart Information Services (STC) at $36.50/share. The shares were acquired at an average cost (including commissions) at $31.01/share on Aug 9, 2013. The stock was a little over 5% of the portfolio when it was sold. While we did not reach our target sell price for… [Read More]
This issue has been resolved. Thank you for your patience The new process of requesting invitations to become a Premium member was communicated yesterday morning and the response was terrific. Unfortunately, around 1:00 pm Eastern Time (US), the servers at the 3rd party list management system I use (Aweber) crashed under load and they are… [Read More]
Some very important changes are coming to the Value Stock Guide Premium registration process. Please click through and read if you have thought about membership in the past.
Quick short note to share that my article on beta from months ago has been cited and excerpted in Prof. Luc Nijs book on Mezzanine Financing. The book was published in Oct 2013 and the link below goes to the Google Books picture of the page where the citation can be found. We are in… [Read More]
2013 was quite some year in the markets. If you believed the market to be too expensive at the end of 2012 and sat this year out, you have missed a banner year the likes of which do not come across often. We enjoyed another excellent year with the Value Stock Guide portfolio, comfortably outpacing… [Read More]
We recently wrote about Seagate (STX) so wanted to update you on this acquisition. Seagate is buying Xyratex (XRTX). Xyratex is a UK based data storage company and ostensibly this acquisition adds customers and improves Seagate’s supply chain. Seagate is paying $374 million for the acquisition that translates to $13.25/share. Xyratex’s shares closed today at… [Read More]
Many of you are aware that I dedicate a portion of my membership income to charitable causes every year. This year’s contributions are made in 2 parts. 1. Charity: Network for Teaching Entrepreneurship I am continuing to support Network for Teaching Entrepreneurship through my annual contributions. NFTE provides programs for at-risk students from low income… [Read More]
We bought Gannett Inc (GCI) in the Value Stock Guide portfolio on Mar 7, 2012 and various other times subsequently. Our average cost for the stock was $14.52/share. Today we sold our entire position in this stock at $27/share netting a capital gains of 85.40% and total returns of 95.04%. Both these numbers are net… [Read More]
On Oct 16th, myself from Value Stock Guide and Joshua Williams from PortfoliosWithPurpose.org will be at American Association of Individual Investors meeting in Farmington Hills, MI. This meeting is open to public and if you are in the area you are welcome to join us. Key Details Location: Farmington Hills Library Auditorium 32737 West Twelve… [Read More]
After an outstanding Q2, Q3 was a much more sedate affair for the VSG Premium portfolio where we posted a 4.49% return compared to 5.25% posted by the broader market as measured by the S&P 500 (total returns). This takes the VSG portfolio returns to 31.73% for the year which compares favorably with 19.79% with… [Read More]