Ser Jing Chong
Mary Buffett’s Buffettology series of books have been a wonderful gift for students of Warren Buffett’s school of investing and in them, an often repeated theme would be a consistent trend of growing earnings as an important criteria in seeking winning investments. In the Motley Fool community, I have been exposed to many different investing styles from various posts by different members, but I have always had an more »
On 4 Dec 2012, a finance blogger at Reuters named Felix Salmon posted an article titled ‘The seductive Warren Buffett’ . A key takeaway of his article that I got was that Salmon did not believe that a fundamentals-based, buy-and-hold investing philosophy can enable professional and amateur investors to beat the market because “all strategies eventually run out of steam.” My response to his article would be an emphatic: “You are more »
Stock buybacks are often touted by management as a way to return value to stockholders. The basic idea is that the buybacks will enhance stock-specific value for stockholders such as Earnings Per Share. By owning a larger piece of the existing company, stockholders are entitled to a larger slice of the company’s profits.
However, stock buybacks can destroy value for stockholders if management does not engage in them with more »
Shelby Cullom Davis was a rather unknown investing figure until a book titled The Davis Dynasty, written by John Rothchild, was published in August 2001 and made him a little more publicly known. Davis turned $50,000 in 1947 into nearly $900 million by the time he passed away in 1994. That is a compounded annual return of 23% for 47 years – a record that can make anybody an investing more »