Submitted by Circle of Compe... on Wed, 2008-01-09 02:34
"I know that for myself it makes no difference whether I do or forbear those actions which are reckoned excellent. I cannot consent to pay for a privilege where I have intrinsic right. Few and mean as my gifts may be, I actually am, and do not need for my own assurance or the assurance of my fellows any secondary testimony."
-Ralph Waldo Emerson
Submitted by Bridge Street on Sat, 2008-01-05 12:03
The springbok of southern Africa, combined with some simple mathematics, yields useful lessons for investors. A springbok is a deer-like animal that, according to Wikipedia, forms some of the largest migratory herds ever recorded. Imagine now that you are a springbok in a herd with 99 other identical springbok walking around the barren wasteland that is Africa (though there appears to be some greenery in the south). Further imagine that you are a particularly intelligent and mathematically-gifted springbok who calculates
Submitted by Value Investing News on Fri, 2008-01-04 22:10
This month's sponsor is SmallCapInvestor.com, a destination website for individual investors who are seeking independent, reliable and wide-ranging news, research, and analysis on small cap stocks.
The editors of SmallCapInvestor.com have just launched a new independent investment advisory, Top Stock Insights, to cover mid and large stocks with the potential to consistently outperform the market. They also just produce the Top 10 stocks for 2008 report. More about Top Stock Insights can be found at www.TopStockInsights.com.
Here are this month's prizes for the Value Investing News Member's Contest:
Submitted by Value Investing News on Tue, 2008-01-01 00:48
HAPPY NEW YEAR!
Thank you everyone for making 2007 such a great year here at Value Investing News. To help celebrate, I'm happy to announce the December Contest winners.
The top user point earners last month were:
Submitted by Mark Perkins on Mon, 2007-12-17 23:54
Quality Systems sports a 3% dividend yield and is an $829 million dollar
Submitted by Circle of Compe... on Thu, 2007-12-13 23:54
Friedman, Billings, Ramsey Group (NYSE: FBR) is a Virginia based financial services company structured as a REIT; part investment bank, part asset manager, part principal trader, and part mortgage banker. They've fallen prey to the credit market upheaval. Sound familiar?
Submitted by Bridge Street on Fri, 2007-12-07 23:37
Bloomberg reports that Standard & Poor's has "lowered credit ratings on capital notes of 13 structured investment vehicles and placed debt of 18 SIVs on negative outlook as the funds struggle to finance themselves." In what seems to be the typical situation in today's world of high finance, a credit rating agency has downgraded risky investment vehicles just in time for those who lost money to see why they lost it, but too late to do anything about it. If you will think back with me to th
Submitted by Bridge Street on Tue, 2007-12-04 10:32
I note that the yield curve is finally sloping upward again. This is interesting because downward sloping curves often precede recessions, yet the curve regained its upward slope right around the time many Economists/ pundits/ would-be experts believe the U.S.
Submitted by Value Investing News on Sat, 2007-12-01 00:46
I am pleased to announce the November Contest winners here at Value Investing News. Drum roll please... The winners with the most user points earned in November are:
And the randomly selected winner is:
Submitted by Bridge Street on Fri, 2007-11-30 15:18
In response to yesterday's Bridge Street Journal about various financial companies taking big hits due to not heeding the investing advice found in the scriptures, George asked which financials appropriately prepared for the current lending problems. He noted that it appears that Goldman Sachs and Berkshire Hathaway did and asked which others I thought may have as well.
Submitted by Bridge Street on Thu, 2007-11-29 08:33
Yahoo Finance reports that E-Trade Financial is selling a $2.5B stake to a private equity firm (Citadel) and firing its CEO. It seems that financial writers can make a template with fields like "Company Name," "Amount of Writedown," "Amount of Cash Infusion," "Percent of Stake Sold," and "Name of Ousted CEO," and then have Microsoft Word automatically generate a story upon each day's news. It was only a few days ago that Citigroup announced it sold a $7.5B stake to the Abu Dhabi Investment Authority (
Submitted by sanjayshetty on Wed, 2007-11-28 06:39
The three pieces which help you put the puzzle together are the Balance Sheet, Income Statement(Profit & Loss) and Cash Flow (+ the footnotes.) These are the key financial statements which together help you fully appreciate a company's current health. In isolation they provide you insight which could be misleading. All three of these statements are related and you need to understand them with respect to the other.
Submitted by Mark Perkins on Tue, 2007-11-20 08:30
Formerly known as Envoy Communications Group, Canadian based Envoy Capital Group (ECGI) is a merchant banking company that provides financial services, equity and debt capital to small companies. They give loans and equity investments from $500,000 to $3,000,000 to small and mid-sized companies. Last year they dumped UK subsidiary, ECG Holdings (UK) Limited and launched Envoy Capital Group. They have been doing some restructuring and have been buying back shares like crazy. In 2006 there were 20.3 million shares outstanding.
Submitted by Value Investing News on Sun, 2007-11-18 09:15
Saturday, we completed a major server upgrade for Value Investing News. This has been our most significant investment to date on the website.