Investment Journal
China Preview and Some Thoughts on Moats
Over the past year, I've been steadily doing a lot of reading about China in general, and a few companies there specifically. China is a fascinating country to read about, with some real issues looming on one hand but some real long-term tailwinds on the other. Chanos...
Creativity and Value Investing
One foot hurdles are the best investments. John texted me Thursday night asking which team I thought I would win the NBA Finals. Since I am on mountain standard time, my kids don’t usually go to bed until these games are almost over. I replied to his text as my kids...
Foot Locker: The Outlook Five Years Hence
"But before he left, he taught me two things. Never, ever invest in the present. It doesn't matter what a company is earning, or what they have earned. He taught me that you have to visualize the situation 18 months from now." ...
To Sell or Not To Sell?
This will be a somewhat meandering post on some notes of mine regarding the concept of selling, as well as some brief comments on AutoNation and Verisign (the latter is a current holding). I’ve talked about stocks in category 1 vs category 2. What do I mean by this?...
Some Notes on AutoNation and the Car Dealerships
My wife continues to give me grief over the extremely mundane nature of my post titles. Meanwhile, Matt continues to avoid helping me improve (his titles are much more creative). I continue to find the titles adequately descriptive. So, as you know from the title, I...
Swiper no Swiping (Dora Fans Unite)
Value investors make lots of mistakes. I have made lots of these specific “value investor” mistakes, sometimes the same mistakes multiple times. Hopefully, knowing where we (I) often go wrong will help us not make those mistakes in the future. “Unfortunately we...