One of the great little stocks in our Small & Micro Cap Screener, which you can register for here, is Chicago Rivet & Machine Co. (NYSEMKT:CVR). CVR operates in two segments of the fastener industry: fasteners and assembly equipment. The fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners … Read More
Still A Powerhouse – Cisco Systems, Inc. (CSCO)
With a market cap of $153 Billion, Cisco Systems, Inc. (NASDAQ:CSCO) is the largest company in our Large Cap 1000 Screener, which you can access for free here. Cisco designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. While there’s been … Read More
Standout Apparel and Accessories Retailer – Cato Corp (CATO)
One of my favorite stocks in our All Investable Screener is Cato Corp. (NYSE:CATO). The company was founded in 1946 and operates approximately 1,300 apparel and accessories specialty stores in 32 states under the names “Cato”, “Versona”, “It’s Fashion” and “It’s Fashion Metro”. Stores primarily range in size from 3,000 to 8,000 … Read More
Cashflow Beast – Southwest Airlines Co (LUV)
Starting this week I’ll be providing a series of articles on Cashflow Analysis and Capital Allocation on the Top 30 companies in our Large Cap 1000 Screener, which incidentally you can access for free here. Today, I’m going to take a look at Southwest Airlines Co (NYSE:LUV). One of the things I like most … Read More
Beware The Profit Makers – Cash is King!
If there’s one thing I’ve learnt about analyzing financial statements over the years, it’s that you must analyse all three financial statements, Balance Sheet, Income Statement and Statement of Cashflows before you consider making an investment. Here’s a real-life example to show you what I mean. In 2015 AT&T Inc. (NYSE:T) reported a … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning October 24th, 2016” on Storify]
Warren Buffett on Benjamin Graham
Much has been written about Warren Buffett’s relationship with Benjamin Graham. But one of my favorites is from an article he wrote for the Financial Analysts Journal back in 1976. I think it sums up their relationship perfectly. My favorite Buffett quote is, “And if encouragement or counsel was needed, … Read More
‘Noise’ is Costing Wall Street Billions – Daniel Kahneman
Daniel Kahneman is a psychologist notable for his work on the psychology of judgement and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). In 2015, The Economist listed him as the seventh most influential economist … Read More
The Three Principles of a Successful Value Investing Strategy – George Athanassakos (Ben Graham Chair)
Dr. George Athanassakos is a Professor of Finance and the Ben Graham Chair in Value Investing at Ivey Business School, which he joined in July 2004. He’s also the Founder & Director of The Ben Graham Centre for Value Investing. Athanassakos has been ranked among the top 10 researchers in Canada by … Read More
Value Investing Is Like Managing A Wine Cellar – Kim Shannon (Ben Graham Newsletter)
Kim Shannon is a contrarian in more ways than one. She switched from being an anthropology/biology student to the finance field and started working in the investment industry at a time when women were in the minority. She also takes a contrarian approach to investing at her firm, Sionna Investment … Read More
Living Legends Bernstein, Bogle, Brinson, Buffett, LeBaron, Neff, and Templeton
It’s not often that you’ll get a number of the greatest investors on the planet in the same place at the same time. One of the best investing transcripts you will ever read came from a November 2002 conference call, moderated by former AIMR (Association for Investment Management and Research) Chair … Read More
The Best Airline Stock in the U.S. – Alaska Air Group, Inc. (ALK)
Alaska Air Group, Inc. (NYSE:ALK) is currently in talks with the U.S. Justice Department to see if it can reach a deal for approval to buy Virgin America Inc. On April 4, 2016, the company announced plans to acquire Virgin America. If approved by regulators, the merger with Virgin America is expected to … Read More
How Value Investing Works – Whitney Tilson and John Heins (Video)
Whitney Tilson and John Heins co-authored the book, The Art of Value Investing: How the World’s Best Investors Beat the Market. The New Yorks Times reviewed the book as follows, “John Heins and Whitney Tilson, co-founders of the Value Investor Insight newsletter, have done a thorough job of explaining how … Read More
Investing is the Intersection of Economics and Psychology – Seth Klarman (Video)
I can’t get enough of Seth Klarman, one of the best investing minds on the planet. Klarman is a value investing legend who runs The Baupost Group, one of the largest hedge funds in the U.S. He’s also the author of the best selling book, Margin of Safety: Risk-Averse Value Investing Strategies for the … Read More
Strong Balance Sheet & Free Cash Flow Yield | American Public Education, Inc. (NASDAQ:APEI)
One of the best stocks in The All Investable Screener has to be American Public Education, Inc. (NASDAQ:APEI). American Public provides online and on-campus post-secondary education to approximately 93,100 students through two subsidiary institutions. Its subsidiary institutions offer programs designed to prepare individuals for productive contributions to their professions and society, and to … Read More
Investors Underperform Because They Continue To Chase Returns – Joel Greenblatt
Joel Greenblatt is a Columbia University professor and co-founder of Gotham Asset Management. He’s also the author of the value investing best seller, The Little Book That Beats the Market. In his book, Greenblatt explains how investors can outperform the popular market averages by simply and systematically applying a formula that seeks out good … Read More
How Did Keynes Find The Courage To Invest In U.S Stocks Following The Crash – New Research
John Maynard Keynes, was an English economist whose ideas fundamentally changed the theory and practice of modern macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists … Read More
Returns to The Acquirer’s Multiple® Screeners and The Best Value Stocks
[View the story “Week Beginning October 17th, 2016” on Storify]
Uncovering Value Using A Free Cashflow Strategy – Ken Burgess
Ken Burgess is a CFA and Managing Partner at Systematic Financial Management. He serves as lead portfolio manager for their Small Cap Value Free Cash Flow and SMID Cap Value Free Cash Flow portfolios. Systematic Financial Management has over $9 Billion in Assets Under Management. Burgess has a great eye for … Read More
To Be Exceptional You Have To Be Different – Joel Greenblatt with Howard Marks (Video)
For me, this is investing nirvana! Joel Greenblatt, the Managing Partner and Co-CIO of Gotham Asset Management being interviewed by Howard Marks, Chairman of Oaktree Capital Management L.P. Marks spends thirty two minutes interviewing Joel Greenblatt, the creator of the “Magic Formula”, an investing strategy that could be used by average investors to make money in the stock … Read More