Value Investing News

Fair value is really a simple concept. Given some select information such as dividends, dividend growth, holding period, discount rate and few other inputs, one can easily calculate the fair value of a stock. As with most simple things, the devil is in the details - the inputs must be correct to calculate a reasonable fair value, otherwise, garbage in, garbage out.

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Searching for the best dividend stocks in the US...starting with the entire US listed stock universe and filtering down to 18 companies that have good dividends, business performance and conservative balance sheet and valuation

For a dividend investor, there is not much worse than a stock that cuts or eliminates its dividend. Suddenly, the reason you purchased the stock no longer exists. Many dividend investors, myself included, have a hard and fast rule to immediately sell any stock held as income investment if it cuts its dividend.

Steven Kiel of Arquitos Capital Management discusses his favorite stock for the next decade, Biglari Holdings (BH).