When you have been in the investment world for a long time, you realize that every era, people get caught up in all sorts of ‘themes’ and ‘stories’. Back in the early 80s, it was technology. There was a technology boom that ended in a bust. This happened in the 60s too, with many companies…
The Perils of Trying to Time the Market
There has been a lot of bearish talk lately (or in the past few years) about how hopeless things are. Someone posted a link to a very well done analysis by Comstock Partners. The conclusion was that there is too much debt around the world, soveriegn debt is a big problem, consumers have too much…
Why Value Investors Like Apple
OK, this is supposed to be a value investing blog and my first three posts are about tech stocks. Hard to believe. I don’t like technology, but if that’s where the cheap things are, that’s where I’ll look. This is just a quick note on how cheap the stock is. A quick look at Apple,…
Julian Robertson on CNBC
I don’t intend this blog to be a guru watch sort of site where I post links to articles, interviews and other information on my favorite investors. There are a lot of websites/blogs that do that. But I will mention things when they are relevant to some things I mention here. Julian Robertson says in…
Is Google Cheap?
I usually don’t invest in or look at technology companies as the rate of change in that industry is way too fast for me to figure out what anything is worth. One day, Yahoo! is king, and the next, it’s Google and Yahoo is an old has-been. One day the Motorola Razor is the must-have…
Yahoo Worth More Than $20/Share!
Yahoo has been an interesting ‘stub’ trade, or sum-of-the-parts play by some prominent value investors. Most recently, David Einhorn of Greenlight Capital took a large stake and then dumped it when he was frustrated by the problems caused by Yahoo’s handling of the Alibaba/Alipay situation. This story got a bit interesting again as the board…
Index of Posts
I will post links to pages on this page in case there are multiple posts on specific ideas; this can be tricky to track on a blog. This is sort of like a manual “categories” section offered by other blog platforms. [ THIS PAGE IS NOT UPDATED AFTER MIGRATION OFF OF BLOGGER IN JUNE 2023….
Are Stocks Still Good Investments?
Stocks have had a really bad run this past decade with two big bear markets and one of the biggest crises since the Great Depression. We seem not to be out of that one with unemployment still way up there and Europe about to blow up completely. So it’s natural for people to hate stocks…
New Hire at Berkshire Hathaway
Berkshire Hathaway yesterday announced a new manager for investments. This manager has run a hedge fund since 1999, and his returns is over 1236% since early 2000 through the first quarter of 2011. That’s a stunning 27%/year return when the market has been basically flat-to-down. (update on the above returns: another article said $100 invested at…