Taking on Kong (and His Brother)

“The stock market is a device for transferring money from the impatient to the patient.”  Buffett Doing research on a company that appears to be vastly more expensive than you would pay for it and then waiting might be one of the hardest things in investing.  Both...

1/4 Rotation Around the Sun…..

You can read our earlier discussions of Taro here and here. Taro reported their quarterly results a few weeks back.  If I had to write three to five pages on their earnings results, I might tell a few stories to take up the first four pages.  There just is not that...

Boring Monopoly Still a Boring Monopoly: VRSN Update

VRSN Earnings Update: 2/10/17: No news is good news with most companies and Verisign (VRSN) is no different.  There is no real news this quarter.  As we first discussed, Verisign is a solid single, in baseball parlance, that has potential to turn into a double,...

Apple’s Key Competitive Advantage

We can’t compete head to head with Apple. There is a branding issue: Apple is premium…” –a high-level source at Lab126, Amazon’s code name for its Fire Phone project The above quote is taken from an excellent Fast Company article which I’d encourage you to read. It is...

Bank Valuations: Some Updated Thoughts

I just realized that the titles of my posts are not nearly as catchy as Matt's.... In fact, my wife said they are boring. I'll work on that. I've always felt the titles were explanatory, but apparently they lack the pizzazz that some readers desire (or, as I would...