A Flurry of Appearances for Bruce Berkowitz : Circle of Competence

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The Failure (and Success) of Heuristics : Circle of Competence

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A Flurry of Appearances for Bruce Berkowitz : Circle of Competence

(via www.circleofcompetenceblog.com)

Bruce Berkowitz has showed up on 4 major media outlets in the last month alone, discussing the Fairholme Fund and its approach.  I sum it all up.

Submitted by Circle of Compe... on Fri, 2008-07-04 19:03. | Tags:
  • Superinvestors
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  • 1 point

Market Monitor interview with James Grant, Editor of Grant's Interest Rate Observer

(via www.pbs.org)

Paul Kangas of Nightly Business Report interviews James Grant. Grant doesn't think the market is cheap yet. I loved the way Grant held firm on the question of oil by indicating he has no opinion on the subject. He recommends Fidelity National Finance, Wintergreen Fund, and Tocqueville Gold Fund.

Submitted by George on Fri, 2008-07-04 11:21. | Tags:
  • Commentary
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  • 1 point

The Failure (and Success) of Heuristics : Circle of Competence

(via www.circleofcompetenceblog.com)

I take a look at why multiples of book value and earnings don't make sense to use in valuation, while liquidation value and free cash flow are much more sensible numbers.

Submitted by Circle of Compe... on Thu, 2008-07-03 22:04. | Tags:
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  • 2 points

Warren Buffett Stocks Trading At 52 Week Lows Part 2 | Contrarian Value Investing

(via www.contrarianvalueinvesting.com)

This is the second part on what stocks I am looking at. Part 1 dealt with stocks in the DJIA trading at or near 52 week lows. Next, I will look at stocks Warren Buffett or Berkshire Hathaway has bought according to Gurufocus.com.

Submitted by alexg on Thu, 2008-07-03 19:19.
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Dow Jones Stocks Trading At or Near 52 Week Lows.

(via www.contrarianvalueinvesting.com)

Well folks, with volatility comes opportunity. The market is now 20% off its highs, which puts it in bear market territory. The 52 week low list gets longer and longer every time the markets has triple digit loses. Over at the magic formula investing website, some quality names are appearing in the screen.

Submitted by alexg on Thu, 2008-07-03 18:48.
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International Stock Investing - Are You Diversifying Your Portfolio Globally?

(via moneysmartlife.com)

How much of your money is in domestic stocks? What percentage of your portfolio is invested internationally? If you’re like many average investors in the US the majority of your investments are in US companies.

Submitted by ConnieB on Wed, 2008-07-02 19:43. | Tags:
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Stock Market Investing 101 - How Can Stocks Make You Money?

(via moneysmartlife.com)

Investing in the stock market can be overwhelming for a beginner but the potential financial rewards are enough to motivate many people to learn how to invest in stocks.

Submitted by ConnieB on Wed, 2008-07-02 19:42. | Tags:
  • Behavioral Finance
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Iraq Seeks Foreign Investment to Rebuild Energy Sector

(via www.contrarianprofits.com)

Iraq has officially opened the door for foreign oil companies to invest in the country’s rich energy sector for the first time in more than 30 years.Thirty-five foreign oil majors have been invited to bid for contracts to provide technical support and help boost production in eight oil and natural gas fields.

Submitted by MurrayRothbard on Wed, 2008-07-02 19:21. | Tags:
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The Decline and Fall of the American Empire

(via www.contrarianprofits.com)

The 1930s have nothing on the depression we’re about to enter, says commodities expert Doug Casey. Interest rates are too low and currencies are being kept artificially high. It can only lead to one thing: the decline and fall of the American empire.

Submitted by MurrayRothbard on Wed, 2008-07-02 19:10. | Tags:
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High Fuel Costs Crippling ‘Free Trade’

(via www.contrarianprofits.com)

How can you have free trade at $140 a barrel of oil? Oil and energy expert Byron King says the cost of fueling a cargo ship to travel between Los Angeles and Shanghai is nearly $4 million! That’s an 87% increase since 2005. This increase is altering the patterns of free trade.

Submitted by MurrayRothbard on Wed, 2008-07-02 18:17. | Tags:
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Google Finance Adds Stock Screener

(via www.contrarianvalueinvesting.com)

For information on the stock market I usually use two sites. The first being Yahoo Finance as I believe they have the easiest and one of the most complete sites. Secondly, I visit Google Finance as I love their charts with markers which allows me to find news events.Recently, Google Finance added a s tock screener which brought it one step closer to being #1.

Submitted by alexg on Wed, 2008-07-02 16:22.
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The world is your oyster - part 2

(via www.guywagnerblog.com)

A view on India

Submitted by guywag on Wed, 2008-07-02 11:17. | Tags:
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Editorial: Steak n Shake needs healing

(via www.ibj.com)

A newspaper editorial that thinks Sardar Biglari can bring Steak n Shake shareholders "a shot at leadership with a common vision for unlocking the brand’s true value."

Submitted by George on Tue, 2008-07-01 23:01. | Tags:
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  • 2 points

A Guide to Penny Stock Pitfalls and Profits

(via www.contrarianprofits.com)

This is the second part of a two-part series on “below-the-radar” stocks. Last covered: the “pink sheets.” Mike Caggeso says if you’ve made a profit from these “wild west stocks,” you’re one of the lucky few.

Submitted by MurrayRothbard on Tue, 2008-07-01 16:20. | Tags:
  • Stock Analysis
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Speculators Are to Blame for Sky-High Crude Oil Prices

(via www.contrarianprofits.com)

Are market fundamentals to blame for sky-high crude oil prices? Of course not, says Andrew Gordon. It’s the tens of billions of dollars pouring into the oil futures markets are. Sure, demand is high – but the high-end costs of producing oil are $70 max, so a barrel of the black goo should cost about $110.

Submitted by MurrayRothbard on Tue, 2008-07-01 16:13. | Tags:
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