In John Reese's book "The Guru Investor", he shows a stock screen based on Benjamin Graham's philosophies. A backtest of the screen produced a 20% return versus 4% for the S&P 500 over the 2003-2008 period. The screen rules are: All stocks except technology Sales > $340 million Current ration > 2 (less than 2 only if its a utility or telecom) Long-term … [Read more...]
Archives for March 2018
What’s Expected From Oracle’s Earnings Today
Summary Oracle is announcing earnings this afternoon, March 19. The article tries to cover all the key figures the market will be looking at for clues regarding the company and stock's future. Personally, I'm not excited by ORCL as there is not enough margin of safety, risk and industry headwinds. Oracle (ORCL) offers products and services for corporate … [Read more...]
Listen to Berkshire Hathaway Letters & More!
Too lazy to read the Warren Buffett letters? Sponge Audio has provided the solution! You can now listen to all the letters via podcast (link to iTunes) or via Sponge's website (link). The truth is that this audio may not be the most attractive so perhaps you'd rather hear it from the horse's mouth? Last year's annual meeting in Omaha was broadcasted live via Yahoo … [Read more...]
This Magic Formula Stock is Up 15%+ Pre-Open!
I'm a fan of using screens to scan the universe for opportunities. One very popular screen is Joel Greenblatt's 'Magic Formula' which he talks about in his best selling book "The Little Book that Beats the Market". Express Scripts (ESRX) is one of the stocks given by the screen and is up more than 15% before the market opens today. This is because it was just announced that … [Read more...]
How to buy Spotify and Dropbox pre-IPO
Both Spotify and Dropbox are well-known brands not only among the investment community but in general. I literally do not know 1 person (besides my non-tech wife) that doesn't use either product or both. This name recognition is likely to attract a lot of attention when these companies go public. IPOs are expected this month. GSV Capital invests in private companies. … [Read more...]