The best approach to choosing common stocks
“If you can look into the seeds of time,
And say which grain will grow and which will not,
Speak then to me.”
superb businesses
Concentrate on smaller-picture things
The small picture is its specialist technical, engineering, construction and operational skill and economic performance
The impact of Millennials on the stock market
Today the Millennial generation is engaged in earning, saving and investing.
How to identify companies that make lots of money for shareholders
Economic performance focuses on effective use of the capital invested in the company
The cornerstone of investment success
Is buying with a margin of safety really the closet practice of market timing?
Financial strength – the debt equity ratio has serious shortcomings
No company under consideration will even be close to scrambling to pay its creditors.
How to identify great companies to invest in – Part lll
There needs to be a skilled knight in the castle to protect and enhance the moat.
How to identify great companies to invest in – Part ll
Some companies are in the seemingly fortunate position that they can maintain profit margins simply by raising prices.
How to identify great companies to invest in – Part l
Buffett uses Owner Earnings to judge the performance of a company and its management. He also uses Owner Earnings to assess the intrinsic value of a company.
The hunt for wonderful businesses
Free cash flow yield can be a better indicator when return on capital (ROC) becomes a vanity metric that unduly flatters economic performance and management. We can charge management with the full cost of Economic Goodwill.