CMG Update

CMG reported their most recent quarterly earnings a few weeks ago.  I wanted to update my last post on CMG with some additional thoughts regarding their numbers. CMG's operating history shows one of two things.  Either CMG has created a superior model in what has...

Taro Update

Taro reported their latest quarterly results on Tuesday evening.  Despite the sharp increase in stock price on Wednesday, John and I have both changed our minds on this company's prospects and thus have decided to sell. The thesis rested on a reliable business with a...

Redfin: Technology Company or Something Else

Redfin describes itself as a "technology-powered residential real estate brokerage." From filings and transcripts: This ability to deliver better service at a lower fee is the fundamental source of our long-term competitive advantage and that advantage comes from...

Simple Businesses: Flooring Edition

In the near future, I would like to discuss my (and partially John's) approach to filtering by using the S&P 500. One company I was researching as I was thinking about my filters was Floor and Decor (although it isn't in the S&P 500). As a short introduction...