Value Investing News

J.M. Smucker Co.'s products include coffee, fruit spreads, peanut butter, shortening and oils, ice cream toppings, health and natural foods, and beverages. Linked here is a detailed analysis and commentary.

Magic Formula Investing is a process that can be applied to any list of stocks, not just the market at large. This article shows how you can use the MFI process to find the best opportunities in a variety of scenarios.

Every week I check the list of companies that raise dividends. There are several reasons for that. The most of important reasons include checking whether companies I own keep raising distributions, as well as to identify companies which could be a potential addition to my portfolio at some point in time. The companies which announced increases in their dividend payments include:

The Forbes Top 150 Companies list ranked by Magic Formula Statistics. Which large global companies are both cheap and highly efficient with capital?

Berkshire Hathaway sold positions in Wellpoint, United Health Group, Travelers, and SunTrust Bank. The company also reduced positions in Kraft, CarMax, Costco, Gannett, Johnson & Johnson, M&T Bank, Moody’s, Conoco Philips, and Proctor & Gamble.

From the author of "The Four Filters Invention of Warren Buffett and Charlie Munger," Decision Framing is a look into the six core chapters of his second book "Price To Value." This book presents the four business investing decision filters of Buffett and Munger.

Prem Watsa's Fairfax Financial (FFH) puts out 2009 shareholder letter. Book value up 35% in '09. BV = $369.80/share

Dividend investing should require intense scrutinizing of companies, in order to find the best stocks for ones portfolio. Otherwise, investors could end up getting whipsawed in and out of stocks, which would increase trading costs and would make them less likely to reach their goals.

Tilson's Q4 portfolio has been filed. New positions include ATLS, JPM warrants, BKCC, BNCL, FNF, CMG, C, TCX, MSFT, SATS, WEN, KFT, MVC, PFCB, Y, FL, HEK, BGP, WINN, and DLIA.

The latest report on the performance of the Fat Pitch Financials Value Portfolio hosted at Marketocracy.

Ackman's presentation from the Boys and Girls Club today on Kraft.

Most of the companies which leave the dividend achievers or the dividend aristocrat indexes do so because of three reasons. Firtst, they might stop raising dividends because they needed cash for acquisitions. Another reason is that companies cut distributions because of poor economic conditions or need for cash in acquisition.

Many investors are closely following the developments in Kraft's hostile bid for Cadbury. Kraft believes an acquisition of Cadbury will help drive growth by creating the world's largest confectionery company with meaningful revenue and cost synergies.

Article compares Kraft and Cadbury on business quality. Discusses margins, brands, etc.

A very brief analysis of Kraft. Includes reasons Buffett bought the stock, an estimate of "owner earnings", and a guess at intrinsic value.