The Biggest “Value’ in Value Investing…
By far, the biggest value that “value” investing has is that it’s principles can be applied – successfully – to a broad range of asset classes. It’s a mental and emotional framework th...
More Value Destruction from Airlines – AMR Files Bankruptcy
No, this won’t be a simple re-hash of yesterdays news. It was reported that American Airlines has filed for Chapter 11 bankruptcy protection. And…the investment community is shocked to it’s core. Becaus...
Want To See Voodoo? Talk to a Techincal Stock Analyst
Stock charts can be fun. There’s all kinds of lines, shapes, colors, arcs, rainbows. You name it, there’s a chart pattern for it. Head & Shoulders. Double top. Double bottom. Sounds like a shampoo or so...
How Much Should You Make On Your Stock Portfolio?
Yes. The age old question of ‘expected’ returns comes back with a vengeance. The question of expected rate of return is one of significance. It affects many aspects of portfolio management. For instance, inst...
Is The Market Cheap Right Now?
This is an easy one for me…. No. A lot of perma-bulls out there want to believe the market is cheap right now, and that people should be buying equities because there has been a rash of sell-off’s and bad new...
Experiences with Net Net Stock Investments
On the heels of my recent breakdown of “net-net” value play ARCW, I wanted to write a bit more about my experiences investing in net-net stocks. As a value investor in the Ben Graham school of thought, a net-...
Arc Wireless (ARCW) – Possible Net-Net Value Play
ARC Wireless (NASDAQ: ARCW) is a possible net-net value play. What first got me interested in this one was that the stock was trading at a discount to liquidation value. A net-net value play in the truest sense of the wo...
How to Spot and Avoid Common Value Traps with Value Stock Investing
Any time I buy a stock I know I am purchasing an ownership interest in a business. This is not unlike purchasing a partnership interest in a local small business. If fact, I think the decision making framework is largely...
Chinese Stock Fraud? Street Smart Investors Are Not Fooled
Recently, there have been multiple reports of financial fraud coming from numerous US listed Chinese companies. Is this really surprising? It should not be at all. First of all, financial reporting fraud exists for compa...
JP Morgan CEO Speaks Out Against Regulation
As reported in today’s issue of the Wall Street Journal, JP Morgan Chase CEO James Dimon raised concerns about excessive government regulations slowing down economic growth. You can read more on James Dimon’s...