The Northern Trust’s Signature Stock Investment
There are very few firms that have a reputation anywhere close to the Northern Trust when it comes to the management of trust funds and family wealth over generations. You pay a premium price for their...
View ArticleThe Future For Tesla and Amazon Stock
When a business is small, it is possible to overlook a lack of profits based on the belief that you will believe to raise prices later once the product becomes entrenched or the business is able to...
View ArticleInvesting Like Phil Fisher In Real Life
By the time you have made your way to my site, you have already read Benjamin Graham’s The Intelligent Investor. You’ve gone through Warren Buffett’s annual letters to shareholders of Berkshire...
View ArticleBest Buy Stock: Poor Investment In The Long Run
The financial management of Best Buy (BBY) has been excellent this millennium. The management team is committed to keeping large swaths of cash on hand, and the company boasts $3.4 billion in cash...
View ArticleAbercrombie & Fitch Stock Down 14% Today
Last month, I wrote an article critical of Abercrombie & Fitch (ANF) stock. I said, in part: “Theoretically, the premise ought to be pretty simple: Abercrombie yields 5%, the historical performance...
View ArticleBP Stock: Dividend Cut Possibility Creates Opportunity
“You pay a high price for a cheery consensus.” No wonder everything always comes back to Warren Buffett. How can you impart more investing wisdom about the importance of getting the valuation right...
View ArticleBerkshire Hathaway Buys Airline Stocks
In his 2008 letter to shareholders of Berkshire Hathaway, Warren Buffett described the airline industry as follows: “The worst sort of business is one that grows rapidly, requires significant capital...
View ArticleGilead Sciences (GILD): Very Cheap at $74
Between 2017 and 2021, net profits from the sale of Sovaldi and Harvoni ought to total somewhere around $70 billion. Based on current trends, about $30-$40 billion of that will go towards dividend...
View ArticleCoca-Cola Relies On Smaller Soda Sizes To Boost Profits
In the past three years, global soda consumption is down 12%. And yet, soda-related profits at The Coca-Cola Company (KO) are up 2% overall during this time period. Why have soda profits held steady...
View ArticleCampbell Soup Beats Earnings, Still Not A Good Investment
If you bought a share of Campbell Soup (CPB) back in 2000, your share would have earned $1.65 in profit and you would have collected $0.90 in dividends. Today, Campbell Soup earns $3.05 in profit and...
View ArticleGenerational Cash Dividends from Johnson & Johnson Stock
While the valuations of a lot of S&P 500 businesses have run up in the aftermath of the election, the stalwart healthcare firm Johnson & Johnson (JNJ) has continued to trade within a zone of...
View ArticleBarnes & Noble Should Cut Its Dividend
A reason why I cover businesses that have upped their dividend payouts annually for years and years is because it touches upon the nerve of permanent wealth creation–timeless demand for the core...
View ArticleInvestors Continue To Ignore Debt
I don’t like movie theater investing. About 85% of that $11 ticket you buy goes to the content creator for the movie you’re about to watch, and only 15% makes its way to the owners of the theater...
View ArticleHow Donald Trump Can Mitigate His Business Conflicts
With calls for President-Elect Donald Trump to divest himself from his businesses, you might wonder: What ought business owners do when they find themselves in a position of government power that poses...
View ArticleUsing GlaxoSmithKline Dividends To Support A Business
A friend of mine launched a successful BBQ restaurant in Minnesota last year. He has always been entrepreneurially minded, and enjoys entrenching himself in the community by gabbing with the locals...
View ArticleUpdating Warren Buffett’s Tech Stock Advice
In an old letter to shareholders of Berkshire Hathaway, Warren Buffett offered his opinion that tech stocks made poor candidates for long-term investments because: “A business that must deal with...
View ArticleSodastream Stock: Identifying Poor Investments Ahead of Time
I never caught the bug to write glowing reviews about Sodastream (SODA) stock when it became fashionable during the 2011-2013 stretch that saw the price of its stock rise from $23 to $79. At the time,...
View ArticleWynn Resorts Stock: Automatically Banned From Consideration
The balance sheet at Wynn Resorts (WYNN) is so terrible that, as a threshold matter, it precludes me from ever considering an investment in this casino stock. Last August, Wynn Resorts opened its $4...
View ArticleHome Depot’s Poor Stock Buyback Record
In theory, buybacks can create more aggregate wealth than dividend payments because ordinary dividends get taxed at income tax rates while stock repurchases evade the reach of Uncle Sam. And the...
View ArticleAnheuser-Busch Stock Is Finally An Attractive Buy
In 2015, Anheuser-Busch stock hit a high of $130. This year, Anheuser-Busch hit a high of $136. The valuation of the stock was between 25x and 27x earnings, which made no sense to me given that the...
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