Today is a little holiday for us value investors. Today is the day 2008 Annual Berkshire Hathaway’s Letter becomes available to the public on Berkshire website. I have not taken a look at the report, but its usually around 100 pages long with minor modifications to annual performance, financial statements,etc. [click to continue…]
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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 million. Here are the moves for the week ended 2-22-09: [click to continue…]
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Still considered young, one would figure I would make constant trips to the local mall. After all, there’s a mall down the street from where I live, a shopping center about 5 minutes from that mall and if I head further south another mall. If I head north, another shopping center that’s only 3 minutes away. I have not started to mention if I head east or west. But despite this onslaught of malls and shopping centers I still manage not to buy clothes for 51 weeks. Why? [click to continue…]
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On January 7, 2009 I asked readers of this site to spend five seconds of their life to click on one of seven options on where they think the stock market will end in 2009, apparently they are more bullish than the folks on Wall Street as 29% voted for “Sideways but up” +1-9%”. [click to continue…]
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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 million. Here are the moves for the week ended 2-07-09: [click to continue…]
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Ever wondered why books such as Security Analysis and The Intelligent Investor never go out of “style”? The examples used in analyzing individual securities change, but the concepts are timeless. But one factor no one ever looks at is Wall Street and the culture around it. You see, most of the individuals on Wall Street usually are individuals with MBA’s from prestigious schools such as Harvard, Yale, Princeton, etc. These MBA’s usually becomes analysts at some major firm and soon will be in competition with other MBA’s. Now comes the fun part. By competition, we mean looking at the same stocks as every analysts. For example, IBM currently has 15 analysts, while magic formula veteran Vaalco Energy (EGY) currently has 2. So what happens when our analyst “Lola” gets it right? She becomes a smarty pants. [click to continue…]
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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 million. Here are the moves for the week ended 1-31-09: [click to continue…]
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Just received an important announcement from Zecco stating that the online broker is increasing their requirements to receive 10 free trades per month. In an e-mail to all its clients, Zecco states:
“I’m writing to tell you that as of March 1st, 2009, we’re increasing the minimum level of assets needed to earn 10 free trades per month to $25,000. We’re also adding a new way to get free trades: customers who make at least 25 total trades per month will also qualify for 10 free stock trades per month.” [click to continue…]
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Considering my Dell 531S crashed for the 3rd time in one year and one week after its one year warranty expired (suspicious isn’t it?) , I had more than enough time to re-read one of my favorite investing books, Joel Greenblatt’s Little Book That Beats The Market. Since my computer had to be re-installed, I lost my old magic formula moves list and thus will use this week’s list as my base. Anyway, I finally received my computer back and the first site I visited was the magic formula site and started punching in numbers. I came away with one thing, some high quality names are appearing on the list which should warrant further investigation. [click to continue…]
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Welcome to the January 19, 2009 edition of festival of stocks. Unlike newspapers, our readership continues to increase! Every week bloggers in the stock and finance arena submit their content to the head-hancho (this week its me) . The articles are then molded into one golden post for the world to enjoy.The best part about it, there’s no Sears ads. Enjoy! [click to continue…]
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