Value Investing News

It is a well-documented fact that a significant portion of the historical equity returns are a result of reinvested dividends. In Triumph of the Optimists: 101 Years of Global Investment Returns (2002), the authors looked at equity returns from capital gains and dividends from 1900 to 2000.

Reviewing Warren Buffett's portfolio using a ModernGraham approach. Seems like he doesn't follow Benjamin Graham anymore. Discuss.

Part 3 of Warren Buffett's stock portfolio holdings. Intrinsic value calculations and graphs.

Berkshire Hathaway (BRK-B) just posted its 13-F filing with the SEC, which lists changes in its stock positions.

A look at Warren Buffett's portfolio to see if the companies follow Benjamin Graham's requirements of the Enterprising and Defensive Investors as described in The Intelligent Investor.

With a remarkably low capital business model and a dividend yield that stands over 10%, Cherokee makes an attractive Magic Formula pick.

Deckers Outdoor benefits from product momentum driving strong growth, and a very sound financial footing. But beware - this could be another fad stock in the making.

Covering NKE’s fundamentals, economic moat, financial health, evaluation, growth potential and risks. The final question to answer: Is it good stock to buy in this bear market?

S&P provides a list of stocks under certain screening or factor assumptions. This week's featured screen attempts to uncover stocks that Benjamin Graham may have found as attractive investments. Benjamin Graham noted the following characteristics for selecting attractive defensive stocks:

We are presenting a list of companies which we believe are currently mispriced, based on our estimate of fair value, by the market.

We develop our fair value ranges by projecting free cash flow out one year and estimating an appropriate FCF multiple based on our assessment of risk and the strength of the balance sheet.

Peter Lynch who ran the Famed Fidelity Magellan Fund through out the late 1970's and 1980's.

Dividend investing in the classic implementation focuses on identifying solid companies with a record of growing their dividends each year; and an expectation that it will continue into the future. The focus is not solely on yield but a combination of yield and dividend growth. Often it is the lower yield, higher growth, security that will provide the best return over time.

I view stocks that increase their dividends in this tough environment as defensive, recession proof corporations, who have survived many downturns, recessions and credit crisis. They view the current financial hiccup as only temporary in nature, which in turn shows the confidence in their business models.
The companies that increased their dividend payments to stockholders include:

A look at the third quarter changes made by Warren Buffett in the Berkshire Hathaway portfolio.