Value Investing News | Investor powered stock market news

Value Investing News is a community driven value investing news site. You can submit links to news items, rate stories, and leave comments.

Want to be a Successful Investor? Listen to Emerson

 

 

"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

Bridge Street Journal, Vol. 4.1: Springboks, Probability, and Conformity

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

January Contest - SmallCapInvestor.com

Visit January's sponsor, SmallCapInvestor.com. We're giving away over $500 in prizes for the holiday!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:

Happy New Year! December Contest Winners Announced

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:

Quality Systems (QSII)

Quality Systems sports a 3% dividend yield and is an $829 million dollar

Stock Tickers: 

This Year's Christmas Gift: FBR Group

    
    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? 

Stock Tickers: 

Bridge Street Journal, Vol. 3.16: Who Rates the Raters? Do Your Own Research.

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

Stock Tickers: 

Bridge Street Journal, Vol. 3.15: On Yield Spreads

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.

November Contest Winners

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:

Bridge Street Journal, Vol. 3.14: Which Financials Will Profit?

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.

Bridge Street Journal 3.13: The Financials and the Scriptures

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 (

Stock Tickers: 

Understanding The Numbers

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.

A Benjamin Graham Style NCAV: Envoy Capital Group (ECGI)

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.

Stock Tickers: 

Server Upgrade Completed!

Saturday, we completed a major server upgrade for Value Investing News. This has been our most significant investment to date on the website. 

Pages

Subscribe to Value Investing News RSS