So far this year this section has reviewed a book and a newsletter. To add variety I’ve decided to add a website review this month. The website is the Association of American Investors (www.aaii.com). AAII is probably most known for its Sentiment Survey. AAII polls its over 160,000 members on a weekly basis via e-mail. Members are asked if they are bullish, neutral or … [Read more...]
Newsletter – February 2015
“Garbage In, Garbage Out” “On two occasions I have been asked, "Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?" ... I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a question.” - Charles Babbage, Passages from the Life of a Philosopher “Somebody reminded me the other night that I … [Read more...]
Projections Point To An Overvalued Stock Despite The Tasty London Burger
Summary Company beat expectations but sales outlook in-line with low same store sales. Investors may be facing a 0% return for the next 5 years based on management store growth. Friends in London were not familiar with the brand. Tasty burger priced between McDonald's and a slightly better bar/restaurant place. There has been a lot of hype around Shake Shack … [Read more...]
Value Investor Insight
About once a year I like to check out what paid sources exist out in the market. I google to find some free samples and may also do a trial. With regard to research, I highly recommend Value Line, Morningstar and S&P Outlook. However until recently I had not found even one newsletter that I liked or found provided insight or potential leads. And despite looking at … [Read more...]
O’Shaughnessy’s Value Composite Model
Last month, I did a review of O'Shaughnessy investment classic "What Works on Wall Street". It’s only fitting that this month I present one of O'Shaughnessy’s multi-factor models. This can easy be used as a starting point to find a potential investment. After running the model, an investor can do traditional bottoms-up analysis to pick the best opportunities. Or even apply … [Read more...]
