Differences Between Growth & Value Investing
The Duration Crisis: The light blue line shows the correlation between value stocks and the US Long Bond The navy blue line shows the correlation between growth stocks and the ...
Best Credit Card Stocks Today: Cheap Stocks with Low Expectations?
Top Credit Card Stocks: A Cheap Way to Capitalize on High Expectations, Part IToday’s Chart for The Curious shows the PE ratio of the S&P 500 minus the forward PE ...
Trading Strategies to Preserve & Grow Wealth
Drawdowns: “If you buy things you don’t need, you will soon sell things you need.” -Buffett Our first newsletter of 2021 suggested it might be a great time to rotate ...
Sun Microsystems, The Greatest Quote & The Rise of the Reckless
Sun Microsystems Inc: A Lifetime Lesson in ValuationMarket cap of firms trading > 10x price to sales is now +$10 trillionInvestors who paid 10x P/S to buy Sun Micro lost ...
How to Learn About Investing in Stocks: Rule #1
KCR believes bear market strategies today suggest a speculative mania similar to the internet bubble. “Rule #1: Never Lose Money, Rule #2: Never Forget Rule ...
Fast Growing Stocks & Profiting from Patience: Bullish America, Bullish Berkshire & Bearish the Index
Similar to the peak of 2000, people are wondering if Buffett & Munger have lost their touch? As documented by CNBC, Berkshire has underperformed the S&P 500 Index by ...
Buy or Sell Tesla Stock? A Quick Answer to a Behavioral Question
Should You Sell Tesla Stock & The High Cost of “Anchoring” Anchoring, or the act of placing too much emphasis on an arbitrary number is a well understood human error ...
Warren Buffett’s Market Cap to GDP
"Be FEARFUL when others are GREEDY" –Warren Buffett: The chart below is Buffett’s favorite broad market valuation tool – Market Cap/GDP – a Kailash topic discussed here When stocks are ...
Negative Cash Flow & The Problem with Paying High Prices for Systematic Dilution
Broken Business Models Our recent paper on Small Caps, The Low Price of High Quality, identified the market’s highest quality firms trading at reasonable valuations That work also documented ...
An Investment Strategy for High Quality Firms
If you are saving for retirement, have some investment goals and are looking to buy stocks we believe this chart is for you. Our last two newsletters documented the generational ...
What You Need Has Never Been Cheaper vs. What You Want
What You Need Has Never Been Cheaper vs. What You Want: The chart below shows the ratio of Consumer Staples to Consumer Discretionary stocks is now LOWER than at the ...
Investing in Staples Made Simple
The Supremacy of Staples: A Triumph of the Mundane: The market is awash in stories about the wonders of day trading (h/t Ramp Capital tweet) egging the inexperienced to buy ...
