…past year, the difference between intrinsic value and book value, and a re-examination of Berkshire’s owner-related business principles. To download a copy of the full letter and annual report, click…
Search Results for: value
How -- And Where -- Chuck Akre Finds Value
Top fund manager Chuck Akre has been finding a lot of value in both the financial services industry and the discount retail industry, according to a Wall Street Journal piece…
The Piotroski-Based Model: How To Invest Like An Accountant
…stocks whose book values (total assets minus total liabilities) were high compared to the value investors ascribed to them (their share price multiplied by their number of shares). These are…
Investor vs. Speculator: Which Are You?
…If a stock’s price is cheap relative to its underlying value as a cash-generating business, that stock is an investment. If a bond is trading above the sum of its…
Cohen: Companies To Use Cash in 2013
…companies use that cash not only to increase dividends, but also to hire more workers and grow their businesses. She says many stocks continue to trade below book value, part…
Value Investing Success Hinges On Discipline
…currently a bit pricier than they’ve been historically, and notes that while most value managers use the price/earnings ratio to identify value plays, the data showing that value stocks have…
Guru Strategy Stocks Putting Cash To Work
…own shares, both of which enhance shareholder value.” Reese looks at four companies that have been putting their cash to work, and which get approval from his Guru Strategies (each…
Rogers Calls Market Gains "Artificial"
…banks around the world must be respected — and right now that wall of liquidity is a bullish force for stocks. Doll says he sees relative value in stocks, noting…
Grantham on a Low-Growth, Overpriced Environment
…into taking more risk and eventually pushing assets — houses or stocks or both — far over replacement value, followed eventually, at long and hard-to-predict intervals, by exciting crashes,” he…
What It Takes To Be A True Value Investor
…really willing to be value investors when times get tough. “If you’re a value investor, a true value investor, you’ve got to invest when you’re not comfortable,” he says. He…