intrinsic value
Walt Disney Company: A Lesson on Overvaluation
2020-12-16
Introduction 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 time. We have […]
Tesla – Great Cars, Perhaps Great Company But Very Scary Stock
2020-12-11
Introduction Tesla (TSLA) makes great automobiles, and although that is not all that they do, the Tesla automobile generates most of their revenues. That may not always be the case, but it is today. According to Zacks Investment Research, Tesla’s automotive segment generated 93.7% of 2019 revenues. Moreover, Tesla commands approximately 60% market share of […]
Not All Dividends Are the Same Even When Their Yield Is Similar
2020-12-03
Introduction The better informed the investor is, the better the investment decisions they can make. But being an informed investor can be a very arduous task, and some would even say that conducting research on common stocks is a real snoozer. Poring over mounds of financial data and trying to piece this information into meaningful […]
Apple, Microsoft, Visa: Crazy Or Crazy Like A Fox
2020-09-03
Introduction There are technical distinctions between investing versus speculating. Nevertheless, both concepts are often thought about or utilized interchangeably. Moreover, there are nuanced distinctions between a rational or well-thought-out speculation versus outright gambling. In the former, there may be logical realities that support speculation when circumstances are in your favor. However, with gambling, the odds […]
5 Midcap Magic Formula Stocks for Total Return
2020-08-07
Introduction To keep myself sharp and my skills honed, I routinely go to my library of investment books and re-read classics that have had an impact on me. This week I did a complete re-read of Joel Greenblatt’s classic “The Little Book That Beats The Market.” For any of you that are not familiar with […]
In Today’s Crazy Stock Market FAST Graphs Are More Important and Valuable Than Ever Before
2020-07-29
Introduction We are living in very strange times indeed. And this statement applies to virtually every aspect of our daily lives. The stock market is no exception. Although I am constantly reminding anyone who will listen that it is a market of stocks rather than a stock market, today’s bifurcation might be the most unusual […]