Archive for August, 2009
Weekend Recap – August 30, 2009
After yet another positive week in the markets, it seems the blogosphere is a buzz with warnings to get defensive. Personally, I understand the call towards defensive positions, but I still believe the best investments are not those based on top-down trends. Instead, I like to focus on a concentrated portfolio of well-researched, fundamentally driven [...]
read more »Cash Conversion Cycle Case Studies
I’ve talked a lot about net working capital in several of my posts. In fact, I used it in my post this Monday when trying to determine Apple’s distributable cash. For those that felt lost, I had once described this process in my post on how to analyze businesses in a recession. Upon looking over [...]
read more »Maximize Your Chances of Winning the Lottery
Just a little digression tonight, the Megamillions jackpot is up to $252 million tonight and I thought it’d be fun to do a little quick analysis of your chances of winning. For those that don’t know, the game is played by choosing five numbers from a set of 1 to 56 (without reptition) and then [...]
read more »Apple fairly valued? Decide for yourself!
Apple’s stock is fast approaching its 52-week high of $177.50 set almost exactly 1-yar ago and seems within striking distance of its all-time high valuation near $200. I wrote at the beginning of the year about Apple’s intrinsic value and recommended buying the stock when it hit $89/share amid rumors of Steve Jobs’ declining health [...]
read more »Weekend Recap – 8.22.09
The S&P is over the magical 1,000 barrier and things are feeling exuberant in the stock markets again. But, could this just be a false start? It seems some pretty smart bloggers are starting to sound the “come back to earth bell.” Here’s my run down of some of the best and most interesting articles [...]
read more »Five stocks for those that missed the rally
The S&P has rallied nearly 50% from its lows and is up over 10% year to date. For those that sat out the rally afraid to get in, the market is starting to look (at the very least) fairly valued. It’s hard to say where things will go from here. But, a closer look at [...]
read more »
