Second quarter earnings season is well underway and if you have been following it, you can now get a picture of how the economy is doing and what to expect.
Rather than a non economics guy like me try to explain, here is a great summary from AAII.
Radioshack’s Business Model is to Sell Mobile Phones
Radioshack continues to get cheaper and and cheaper, but in the case of RSH, whether there is actual value is a different story.
Consider this.
Radioshack has seen most of the growth in its business coming from sales of prepaid and postpaid mobile phone and receiving a commission from sales.
Tips on Reading into Management Behavior
As a member of AAII.com, their July issue had an article “An Insider’s Look at Brokerage Research”. It’s a Q&A with Mike Mayo, a top-ranked bank analyst who wrote “Exile on Wall Street: One Analyst’s Fight to Save the Big Banks From Themselves”. The interview is about analysts are under pressure to offer good recommendations and opinions due to fear of backlash. Something that we have heard about quite often.
Is Knowledge or Application More Important?
I tout myself as a value investor and although there are many variations to the rules of value investing, the basic tenants are the same. We all know what we should be doing, but doing it is another thing.
Knowing some of the error traps associated with value (defensive) investing allows for a plan of action to avoid them. Here are some suggestions that have helped me from time to time:
A Case Study of RIMM’s Balance Sheet Troubles
Saying RIMM is having a tough time is an understatement. If things continue the way it is, RIMM just may end up just like Eastman Kodak. NOK may be in a slightly better position because of the partnership with Microsoft and the adoption of Windows but still behind Android and iOS. The industry is cut throat and RIMM’s lack of innovation is adding to its own downfall. In any industry, it is usually dominated by a number one and number two. From numbers three, four and onwards, it’s a death battle and RIMM has found itself in this situation.
Best of the Best Value Investing Archive
The best of the best articles from old school value is now organized on a single page.
I’ve written over 450 posts now, and there is a lot of information buried within the website. This should make the most important and popular posts easy to reach.
Go visit the Best of the Best Value Investing Resource page from Old School Value.
Interview with the Giants of Investing
Isaac Newton once said
“If I have seen a little further it is by standing on the shoulders of Giants.”
We know from hindsight that Newton was brilliant, if not genius, in the field of science, physics and mathematics. But as he says, he did not get there by himself. He took the wisdom and knowledge of Giants who paved the way before him and made it into his own.
8 Grand Slam Educational Investment Sites You Should Not Miss
“Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.”
Last week I brought you my favorite value blogs. Those blogs are great for ideas, but there is only so much you can do when you are given a fish to eat. Long term success depends on learning how to fish.
The following list of sites teach you how to fish as they focus on educating investors instead of providing stock ideas.
DEF 14A Proxy Guide
Navigating through the SEC documents can be confusing and intimidating, especially when you encounter a document that is 100 pages long and is full of text.
Hopefully this tutorial will be your ultimate and practical guide to help you glide through the Proxy document in no time.
Before getting started, see below for a previous tutorial on how to read the SEC Form 3, 4 and 5.
10 Slam Dunk Value Investing Blogs to make You an Investing All Star
I’m sharing my list of slam dunk value investing blogs.
These are all value investing orientated sites, listed in alphabetical order, that will surely help you on your way to becoming an all star investor.
Get your bookmarks ready.
