Hi and Welcome to Contrarian Value Investing!, A blog which is based on the teachings of Warren Buffett, Joel Greenblatt and David Dreman.
While most of the media attention has been on the financial mess and government intervention, tech has been down just as big. If memory serves me right, tech is suppose to be a good pick when the economy is not so great. I might be wrong though. Then again, this is not your mom and [...]
I have been waiting for this book to arrive for quite a while now. I was a bit dissapointed to find out that the mailman had come by to deliver the book but no one was home. So he/she left a pickup slip so I can go to the main office. So I go and [...]
Each week I track which stocks are moving in and out of the top 25 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 billion. Here are the moves for the week ended 9-27-08:
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The beauty about the stock market is one can manage a portfolio however he/she feels like. Want to be stuck in front of computer and trade stocks all day? Go for it. One of the decisions any investor will have to make is how many stocks will be in the investment portfolio. A common trait [...]
Tough week. Seems like institutional investors are selling the rips and buying the dips. Unless the street gets a clearer picture about the economy and financial markets, markets will continue to be choppy. From talking to truck drivers, plant managers, and personal experience, the economy should pick up sometime in 09. Work is similar to [...]
The value fund managed by Mason Hawkins established one new position while increasing its position in 21 stocks. The new position by Longleaf is DineEquity (DIN) which operates IHOP and Applebees. Dine Equity currently has negative earnings but I have a feeling this might be a real estate play as DIN currently has about 1 [...]
In a bid that shocked me,
Skechers (SKS) has made an offer to buy Heely’s for $142.8 in cash. Heelys (HLYS) has long been a magic formula stock as the stock continues to plunge after its $30 IPO. Heelys has been the classical “fad” stock with one of a kind product line. It has tried [...]
Want to follow an investor who invests like the 1960’s Warren Buffett? Seth Klarman is that man. Out of all the “gurus” out there, Seth Klarman is the one who continues to baffle me with his stock picks.
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The popular and often full of drama Gurufocus.com has introduced a feature that allows an individual to see a company’s financial results for 10 years (
click here for announcement). I must admit, Gurufocus gets an A+ for the layout and features it introduced. The
layout is very similar to what
Value Line uses.
If you enjoyed [...]
News broke out that Starbucks is now
offering its “Grande” iced latte for $2 after 2 p.m. This comes after the company reported its fist quarter loss in
its operating history after costs on store closers mounted. I have been bearish on Starbucks for a while as I feel they have grown too fast in [...]