Each week I track which stocks are moving in and out of the top 30 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 4-25-09: [click to continue…]
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Fortune recently interviewed Warren Buffett properly titled “Warren Buffett On Wells Fargo” . I thought I would share the link just in case you miss it. I’m a big fan of Wells and its management but for the sake of staying loyal to the magic formula have stopped following it. Anyway, I thought the interview (like all Warren Buffett interviews) were informative and provided great value for any series investor. many individuals and institutional investors are still wary of investing in financials, and with good reason, but there are still banks out there who avoided this whole fiasco, Wells Fargo being one of them. I own WFC but I am unwinding my position for my magic formula project.
Click here for the Warren Buffett Interview
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Each week I track which stocks are moving in and out of the top 30 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 4-18-09: [click to continue…]
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I’m still finding a ton of friends and family asking what excatly are CDO’s , CDS’s, etc.. After spending a couple of minutes trying to explain those suckers, they usually end up more confused. Can I buy a vowel please!!!! [click to continue…]
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Each week I track which stocks are moving in and out of the top 30 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 4-10-09: [click to continue…]
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Its no secret I am a Bruce Berkowitz fan. I believe his investment thesis for his stock picks are simple and usually make sense and we often find ourselves going into similar industries like Defense. Plus, hes the main reason I have started using free cash flow yield as a valuation metric. Anyway, below are a couple of great pieces concerning some of his recent picks in which Bruce was interview on Outstanding Investor Digest and a conference call with Pfeizer CEO Jeff Kindler. [click to continue…]
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Each week I track which stocks are moving in and out of the top 30 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 4-04-09: [click to continue…]
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The market had a nice rally these past couple of weeks to end the quarter on a positive note. As stated in earlier posts, I was not as active as I thought I would be as I witnessed first hand how bad things deteriorated. I made it a goal in 2008 to become more transparent and upload my portfolio onto Covestor.com but most likely that will come in the upcoming quarters. For those not familiar with Covestor.com, its almost like an independent websites that lets you upload your broker statements. Almost like an “unofficial” was to verify your trades. So considering I am putting that aside for now, I will talk about what I bought, what I didn’t buy, and what I expect for the rest of the year. [click to continue…]
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Each week I track which stocks are moving in and out of the top 30 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 3-29-09: [click to continue…]
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