Coin Flip Investing
Have you ever worked on a stock and came to the conclusion it could either double or go to zero? … Read more
Eric Cinnamond
Patience – A Possible Win-Win
Investors long patience, or cash, are finally benefiting from asset inflation. As buoyant markets and low volatility allow the Federal … Read more
Normalizing Earnings And Real Rates
I just completed a post discussing the pros and cons of the Shiller PE. After reading it I thought, “Geez, … Read more
Stimulant Bender
Coffee and I have a long history of volatile booms and busts. Although I love its taste and smell, I … Read more
The Most Worrisome Trend In Investing: Confusion
Which alternative investments really deliver diversification? As Asset Management Industry Grows A Search For New Revenue Streams Wall Street historically … Read more
Energy Checklist
I’m working on several beaten down energy stocks this week and won’t have time to post. That said, I thought … Read more
Investors have a tendency to gravitate towards leading brands and high margins
Investors have a tendency to gravitate towards leading brands and high margins. Such traits are often an indication of a … Read more
Conversation With Jesse Felder
Below is a podcast of a recent conversation I had with fellow absolute return investor Jesse Felder. If you don’t … Read more
The Marlboro Red Consumer Sentiment Indicator
After last earnings season I noted without a strong rebound in consumer spending, I expect aggregate earnings growth to slow … Read more
Retail Survivor
Last week I worked on DSW Inc. (DSW), the shoe retailer. I often think of DSW as the Home Depot … Read more
Consumer Company Earnings – Hop On The Bus, Gus
As the stock market declined last week, I was riding in a school bus filled with third graders. As we … Read more
Don’t Forget To Stretch
I recently pulled my hamstring and calf muscles. After informing a disciplined value investor of my misfortune, he said, “Stretching … Read more
The Passive Investor (PI) Ratio
I intended to complete my review of Q1 earnings reports and conference calls this week. Unfortunately, or fortunately, I was … Read more
Bernanke Touchdown Dance
One thing I learned about being a portfolio manager who is often in first or last place relative to his … Read more
Foot Locker – Living The Minivan Dream
I apologize for not posting lately. Our kids are in full throttle school and activity mode, which has limited my … Read more