What's the worst case scenario?

(via www.oddballstocks.com)

Survival and end of the world scenarios seem to be en vogue.  From the preppers to the impending financial collapse of Japan/China/Europe/US there's a very vocal subset ready for a collapse of something.  Investors are preparing for another market crash, and it seems like journalists are...

Distribution of Stocks by PE

(via www.fatpitchfinancials.com)

Fat Pitch Financials looks at the current distribution of stocks by the price earnings ratio to examine whether the stock market is getting a bit overpriced.

Dividend Growth Stocks: 6 Dividend Stocks Raising Their Payouts And Yields

(via www.dividend-growth-stocks.com)

In a down-market when many people are rushing to buy gold, I take comfort that I already have mine. No, not that kind, but something much better! A growing stream of dividend income from solid companies. While everyone else is panicked about their portfolio’s decline, I see a downturn as an incredible buying opportunity.

The Good ETF, Part 2 (sort of)

(via alephblog.com)

About 4.5 years ago, I wrote a short piece called The Good ETF.  I’ll quote the summary: Good ETFs are: Small compared to the pool that they fish in Follow broad themes Do not rely on irreplicable assets Storable, they do not require a “roll” or some replication strategy. Not affected by...

Introduction to the 2010 Edition of The Little Book

(via www.mfinvestor.net)

There’s not a whole lot of difference between the two Little Books. But five years later after writing the original book, Joel Greenblatt must of felt like he had to update his work while keeping the original one in tact. Not too mention, at the time of writing the updated version, he had sold 300K copies.

Dividend Growth Stocks: Genuine Parts Company (GPC) Dividend Stock Analysis

(via www.dividend-growth-stocks.com)

Genuine Parts Co is a leading wholesale distributor of automotive replacement parts, industrial parts and supplies, and office products. Linked here is a detailed analysis and commentary...

Share Sleuth Digest: Triggers for buying and selling

(via www.iii.co.uk)

This week: What triggers Share Sleuth. Also, portfolio news, analysis, and Academics v. analysts: MAFFIA take on the quantitative charlatans and three academics expose incompetent analysis.
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Trifast's debt reduction lesson

(via www.iii.co.uk)

Tuesday's announcement that fastener manufacturer Trifast expects it has entered its new financial year with nil debt is a vindication of management's strategy and a lesson for value investors.
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What Gross Margins Can Tell You About a Company’s Economic Moat

(via www.oldschoolvalue.com)

(The guest author’s posts are entirely his own and may not always reflect the views of old school value) Value Investors love to quote Saint Warren about “Economic Moat” (moat). In business, I look for economic castles protected by unbreachable ‘moats’. The simplest...

On Approximate Valuation Methods

(via alephblog.com)

The growth of corporations is always constrained by something.  The trick is figuring out what the “something” is.  Tonight, I am here to simplify it for you. Financial businesses that are regulated We value these via book value or tangible book value.  Capital levels constrain business...

Tiger Global Boosts 58.com Stake

(via www.marketfolly.com)

Chase Coleman and Feroz Dewan's hedge fund Tiger Global has filed a 13G on shares of 58.com (WUBA).  Per the filing, Tiger Global now owns 6.5% of the company with over 1.2 million ADR shares (equivalent to 2.5 million ordinary shares).

This means they've boosted their exposure from 300,000...

Eminence Capital Ramps Up InterXion Holdings

(via www.marketfolly.com)

Ricky Sandler's hedge fund Eminence Capital has filed a 13G on shares of InterXion (INXN) with the SEC.  Per the filing, Eminence now owns 5.6% of the company with over 3.88 million shares.

This marks a boost of 677,739 shares since the end of 2013.  The filing was made due to activity...

What We're Reading ~ Analytical Links 4/16/14

(via www.marketfolly.com)

Notes from the DoubleLine lunch with Jeff Gundlach [Reformed Broker]

The illusion of conscious investing decisions [All About Alpha]

Prem Watsa says dot-com rally to 'end in tears' [Bloomberg]

Interview with Larry Pitkowsky and Keith Trauner of GoodHaven Fund [Forbes]

Charting a tasty future...

Probable Maximum Loss - How to Control Investment Portfolio Losses

(via arborinvestmentplanner.com)

You can control investment losses by determining your probable maximum loss and choosing an asset allocation that is consistent with your investment decisions. How much of your investment portfolio can you afford to lose is one of the most critical questions you should ask yourself.

Baupost Group Dumps Enzon Pharmaceuticals Stake

(via www.marketfolly.com)

Seth Klarman's hedge fund firm Baupost Group has filed an amended 13G with the SEC regarding Enzon Pharmaceuticals (ENZN).  Per the filing, Baupost no longer owns a stake in the company.

The filing was made due to activity on March 31st.  Shares are trading under $1 now.  Baupost...