Ian Bezek joins us on the show. Ian talks about how he tries to invest in 100 baggers and takes time to detail his entire process for finding, researching, and ultimately making the decision to buy. Audio Length: 00:30:20 (A bunch of bags. 100 baggers? Maybe?) A few highlights: The book that best represents his portfolio strategy. Why 70% price declines in your holdings don’t have to be a bad thing. Which company makes up more than 10% of Ian’s portfolio and why. Why he doesn’t like Gilead and Apple as investments. How Ian uses stock screeners and what specifically he looks for. What specifically he looks for when reading Annual Report...
It may often be quite helpful to find out how your overall portfolio is actually doing over a given period of time as opposed to merely estimating such a result. While it may not be difficult to see how individual funds themselves have done by looking at sites such as Morningstar or at various other fund performance sources, your portfolio will typically include a number of funds blended together with differing percent allocations. Further, the starting point for your investments may differ from that given elsewhere or even go back longer than performance tables might show. Why might you profit from knowing this data? Aside from mere curiosit...
Now that we’ve discussed the general concept of value, there seems to be some confusion on what type of value will be best to use. Generally speaking, there are three types of value that are commonly used. The first is the TPO derived value. This is based upon the amount of time the market spends at a particular price range. The second is derived upon the amount of volume that is being transacted at a particular price range. And third, the value that is derived off of the volume weighted average price transacted. Similar to the straightforward volume value, its derived off the average transacted price for a particular period. The value the...
The US Conference Board Consumer Confidence measure beat expectations with a score of 101 in August, the highest in nearly a year and above 97 points expected. The small downwards revision for July’s number does not seem to ruin the party. The US dollar is on a roll since Friday’s Jackson Hole events. Fed Chair Yellen said, albeit with a lot of caution, that the case for a rate hike has strengthened. Her words were “clarified” by Vice Chair Stanley Fischer who said her words were consistent with a September rate hike. Stronger consumer confidence implies more robust retail sales numbers. These will be released before the Fed dec...
After talking for over a year about the overvalued nature of the Australian dollar, policymakers at the Reserve Bank of Australia are getting some much needed relief as the AUDUSD currency pair falls to multi-week lows on the back of rising interest rate hike speculation from the United States. After taking an extremely accommodative stance towards policy for the last several years after tumbling commodity prices forced a policy pivot, oddly enough, it is action on the US monetary policy front that is helping the RBA reach its own objectives.However, despite the near-term gains, traders are anticipating further action from the RBA before the ...
Our leader is the same as in mid-August–FivePrime Therapeutics. Since we provided data and a free stock report on that company already, this week we will focus on another top-ranked 5-Engine STRONG BUY, Career Education Corporation (CECO). Career Education Corporation (CECO) is a provider of private, for-profit post-secondary education with campuses throughout the United States and Canada, the United Kingdom and the United Arab Emirates. Their schools enjoy long operating histories and offer a variety of master’s degree, bachelor’s degree, associate degree, and diploma programs in career-oriented disciplines. They offer educ...
There is a stigma associated with investing that it is complicated and fraught with risks. Those who have never been taught how stocks and bonds work can be intimated by the process of putting their money in the market for fear of making a mistake. For as well all know, a mistake in investing is measured in real dollars lost. Investing should actually be a very simple and methodical endeavor. It doesn’t matter if you just opened up your first Roth IRA, rolled over your nest egg from a 401(k), or broke up with a long-term advisor. The process remains the same and can be accomplished with ease if you start slow and learn the playing fiel...
Bank of Nova Scotia (BNS) is the 3rd largest Canadian bank ranked by market cap. Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend investors. The company has a high dividend yield of 4.1% and a low price-to-earnings ratio of 12.3. This helps the company to rank highly using The 8 Rules of Dividend Investing. Bank of Nova Scotia released its 3rd quarter results this morning. This article covers those results in detail. Brief Overview Ban...
Apple Inc. (Nasdaq:AAPL) is getting hit hard by a ruling from the European Union in what may be retaliation for America being better in innovation and everything else (I kid, I kid). But some note and I quote from Dave Lutz of Jones Trading below. Apple Inc. (AAPL) The European Union’s antitrust regulator demanded that Ireland recoup roughly €13 billion ($14.5 billion) in unpaid taxes from Apple, a move that could intensify a feud between the EU and the U.S. over the bloc’s tax probes into American companies – The European Commission Tuesday said the tax arrangements Ireland offered Apple in 1991 and 2007 allowed the company to...
UBS’ Paul Winter believes we are witnessing the end of the credit cycle – earnings growth rates are flat, and the stock market impact has been increasing. Importantly, from a risk perspective, Winter warns that Systemic Risk is rising, and Economic Policy Uncertainty has hit all-time highs, warning that the key risk today lies in low-volatility stocks and the broad market’s equity risk premia – “either earnings need to pick up dramatically, or alternately, equities would need to correct by around 20% to bring the equation back into equilibrium.” The age of excess liquidity and inexpensive debt is over,...