As investors & traders are well aware, new manufacturing technology is providing complex new ways to create custom, low-run parts quickly and cheaply. The three dimensional & related printing industry stocks have been white hot in late 2012 and 2013. While its true 3D printers have the potential to reshape the global manufacturing process, the market continues to “print” ever higher valuations on the shares. After watching the parabolic stock moves and more »
Tom Russo of Gardner, Russo & Gardner has a strong track record in international value investing. Previously with the Sequoia Fund, Russo invests with a long view of corporate profitability and brand building:
"The three prongs that I look for when investing in a business are: the fifty cent dollar bill, the capacity to reinvest in great brands and the 'capacity to suffer.' The 'capacity to suffer' is key because often more »
The life insurance industry has been facing a tough combination of extreme pressure on product pricing as well as low interest rates. This industry pressure has been exasperating insurers over the past few years and weighing on stock prices.
Today, the market provides two compelling opportunities to purchase robust life & health insurers at less than half of their equity book value. At currently reduced prices, both recapitalized businesses with improving more »
To generate investing profits regardless of market direction, investors must be able to short effectively. Shorting successfully is challenging for many reasons. The best short sellers identify profitable short candidates by delineating one or more of three main risk factors: (1) Balance Sheet Risk (2) Valuation Risk and (3) Earnings Risk.
Balance Sheet Risk
Balance sheet risk can manifest itself in two ways. (1) A company’s assets could be more »
“Charlie and I (Buffett) have both talked about it. We probably had a hundred ideas of things that would be good short sales. Probably 95 percent of them at least turned out to be, and I don't think we would have made a dime out of it if we had been engaged in the activity. It's too difficult. The whole thing about 'longs' is, if you know you more »