DIS

Nike (NKE) and Disney (DIS): Great Companies – Risky Stocks

Great Businesses v Risky Stocks I believe that successful long-term investing in stocks implies investing in the greatest businesses as you can identify. However, it is important to recognize that there can be a distinction between a great business versus a risky stock. The differentiator, as always, is valuation. You can overpay for even the …

Walt Disney Company: A Lesson on Overvaluation

Introduction Walt Disney Company Please accept this special edition offering on Walt Disney Company (DIS) as a lesson on valuation.  Over the many years I have been a value investor, I have learned that even the best companies can become dangerously overvalued by the market.  Sometimes they can remain that way for extended periods of …

The Dow Jones – How Bad Is It?

Introduction The Dow Jones Industrial Average is an index of 30 stocks that is often utilized as a proxy for the overall market. Since it is such a small index, I thought you all might find it interesting to see what the market looks like considering the recent volatility. Therefore, with this video I will …

The Most Important Stock Investment Lesson I Ever Learned

Introduction My investing career officially started in 1970.  However, for several years prior to that time I was an avid and interested student of common stock investing.  My initial lessons were taught by studying the behavior and practices of the most renowned stock investors.  Although these academic pursuits taught me a great deal, nothing taught …

Don’t Be the Equivalent of a Stock Market Racist

There is no shortage of pundits and prognosticators willing to offer their opinions (rarely based on facts) as to whether or not stocks are cheap or expensive, or as to whether the markets are going to rise or fall.  In every case, the opinions and prognostications are directed as generalities such as stocks or markets.  …