Investment Gems

For many years, investment managers and academics have argued about the concentration\diversification issue, and although diversification is now widely accepted as the right choice, there are still plenty good examples of concentration successes. “If it’s your game, diversification doesn’t make sense. It’s crazy to put money into your 20th choice…

For a long time I’ve been thinking about the matter of accountability. As an investment writer, I believe my work is only worthwhile when I add value to my readers and followers. The main problem is that the tools available for performance evaluation are clearly flawed. Tipranks, for instance, has…

I have written about Best Buy before: Best Buy: Why This Is One Of The Best Value Plays Around I f you’ve read the article, you will come to the conclusion that I am bullish on the stock for buy and hold purposes. Therefore, I’ve been monitoring the company’s results,…

Peugeot (PSA) is going through a tough transition. The company is facing an European declining market and its heavy dependence on this market has been a drag on the company profits. This way, the company decided to revamp its current management team and brought the Portuguese Carlos Tavares (ex-COO at…

In my most recent article for Seeking Alpha, I discuss the Lean production system approach adopted by Ford, the future income tax rate and the current valuation levels: Summary Ford has partially executed a successful turnaround based on lean production principles. The operating business has improved a lot and the current…

Currently, Santander (NYSE:SAN) has been perceived as another Southern European bank. However, Santander is the biggest Euro zone bank, in terms of market capitalization, with presence in several high profile markets like: UK, USA, Brazil, Mexico, Germany, among others. Graph 1 – Santander Profit Distribution (Source: Santander strategy presentation) Looking to the Graph…

I will now initiate a stock picks postage in the blog. For instance the Top Picks I are my current selection of stocks. In the future, I may post a Top Picks II, which will be an update to the Top Picks I. In each post, I may also add…

Part 2 – Where do we go now? 1-Understand the business model My view is that the success in stock investing will always be dependent on the success of the underlying business. So first of all an investor must become an expert in understanding business models. Only if you have…

Part 1 – The heritage 1-The value path I started my quest for the investor’s Holy Grail (i.e. beating the market) by looking to the value master: Benjamin Graham. What did I learn from Mr. Graham? Most of all, I learned the distinction between price and value. Putting it in…