The Investments Blog

Applying Newton's Fourth Law

Friday, August 27, 2010

Muhlenkamp: Companies with 8-10% FCF

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"...today inflation is nominal, treasuries are what 3.5%, corporate are 4 to 5, we're finding very good companies with free cash fl...
Thursday, August 26, 2010

Fighting the Last War

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From this Fortune article : ...how could you have had three extended and anguishing periods of stagnation* that in aggregate--leaving aside...

Peter Lynch

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Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a fe...

Nassim Taleb: "We Made $ 20 Billion For Our Clients"

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Earlier this year, Nassim Taleb said there isn't enough evidence to show Buffett's five decades of investing success isn't just...
Wednesday, August 25, 2010

The "Drive By" Market

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From this  Bespoke Investment Group article  on what it calls a "drive by" market: "...from 1990 through 2006 the number o...
Tuesday, August 24, 2010

10% FCF Yield

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From an interview with Glenn Greenberg this past spring: If you could buy a decent - not great, but decent quality business with a 10% ...
Monday, August 23, 2010

Buffett on the Stock Market

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I think the following makes the truly excessive focus on the next economic indicator by business media, analysts, and others look kinda sill...

High-Speed Trading & Quality Large Caps

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In this Barron's  interview , Morris Mark makes the following notable points: - High-speed traders pull out about $ 20 billion/year fr...
Thursday, August 19, 2010

Earnings Yield

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From Michael Santoli's column in Barron's: J.P. Morgan noted last week that the forward "earnings yield" of the Standar...

Creativity Crisis?

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After rising for decades in America, the scores on a test that is the gold standard for measuring creativity have been falling. Apparentl...
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