Top Ten Investment List for 2009
Everyone loves lists it seems for this time of year, so I have complied my own. They are not all the same type of items, just important things that came up this past year. They are certainly not all the best investment ideas I had.
Why Does Value Investing Rock? – The Series
As part of a new series of Posts I am going to discuss why Value Investing is my preferred investment philosophy (although I have been known to stray now and then). I am going to sum up some of the most important studies that demonstrate why these theories are better than other strategies, in the long term. This does not mean that Uncle Homer didn’t make a killing buying Apple at $12 and selling it over $200. There will always be exceptions. But who wants to be an exception? I would rather have sound trading strategies on my side and not just luck. Although I will take good luck any time I can get it.
Net Net (NCAV) Stock Screeners
I am going to give up the best net current asset value (NCAV) stock screeners I know, but it is really a plea to find new ones, because the one’s I know have become either dated, less relevant, or are not cheap. First, for the beginning investors, I will describe a stock screener. As it’s name implies a stock screen sifts through stocks and winnows the wheat from the chaff. On a good one, you get to decide what is chaff and what is wheat. On the less than great ones, the you are told what is wheat and chaff.
Small Money Investors – Don’t Invest like Warren Buffett
When I say don’t invest like Warren Buffett, I mean don’t invest like Buffett does now. We can look at this in two parts.
Beginning Investor Terms – Price/Book ratio
It has been a couple of weeks since we had our last Beginning Investor Terms post, so lets get back in the saddle.
The Price to Book ratio (P/B) is a classic Value oriented term that is vital to understand, for understanding most schools of value investing. The equation is PB = Price per share/book value per share. Or an alternate is Market Cap/Book Value.
Why Not to invest in ASPN a Net Net Stock
As I have posted previously, I review a lot of blogs, and do a fair amout work with screeners to look for the next great deal. I wanted to highlight why I did not take a position in a stock that was recommended by one of my favorite value bloggers: Greenbackd. It had all the makings of a company I would like. It was a net net stock with a catalyst to help extract the value, in this case a likely liquidation.
A Screener for Net Net Stocks
The first hurdle you face as a value investor, is finding the information you need to make profitable investments. How do you find Companies to invest in? Since we are exploring the ins and outs of the VXGN buy from last week we will explore gathering information for a Net Net Stock. There are a [...]
Investing 101, Not Running before you Walk. Start Here
If you are the kind of small time or beginning investor that I am hoping is reading this blog, then I didn’t just throw you into the deep end of the pool, I dropped you into the ocean. So consider this another swimming lesson. Investing 101. Beginning Investor class. More like a list of Investor tips.
Valuing a Net Net Stock – the lite version
Yesterday’s post was missing something. How do you value Benjamin Graham’s “Instrinsic Value” of a company? I left it out for a reason. The answer is: it depends on who is doing the valuation and what tools they use. Get this- some investor’s don’t value companies. They don’t care about it. Really. These investors are [...]
What is a Net Net Stock?
What is a Net Net Stock? First, if you don’t know who Benjamin Graham is we need to introduce him to you. He was the godfather of what is now called Value Investing. Ben Graham was an interesting dude who began his trading style in the depression.
« go back