Friday, December 2, 2016
Tuesday, November 29, 2016
You've created a company that has taken the world by Storm®. You're the envy of the industry, having become a paper billionaire thanks to your founders shares. But then it all comes crashing down. A series of catastrophic events ensues, and at the end your product has become a laughing stock. Losing the Signal is the brilliant inside story of the spectacular rise and fall of Blackberry.
Friday, November 25, 2016
Just 7 months ago, I brought up Beazer Homes as a potential value opportunity. This was a profitable home builder trading at an enormous discount to book value. While it's still a profitable home builder, the discount has eroded significantly.
Labels: Beazer Homes
Wednesday, November 23, 2016
Your adult child is an irresponsible brat; such is the nightmare of many parents. What can one do to prevent this? The authors of the Bill-Gates-recommended Parenting With Love And Logic have some suggestions.
Thursday, November 17, 2016
You *could* try to estimate a company's growth rate and future margins in order to figure out what a company is worth. But in Expectations Investing, Michael Mauboussin and his co-author suggest reverse engineering the market's expectations instead.