Investment Gems

In the last two months I have been evaluating my current stock picks (Santander Group; Statoil; Salzgitter AG and Corning Inc.) since I am writing a book with the compilation of my stock selections and investment philosophy. At the same time I have also been making some prospective stock research.…

  One example of stock market fallen angels are companies hit by sudden problem in its operations. This can sometimes be the best investment around for the average investor. Usually these companies have already proved their value in the past, but suddenly a new line of products in development has…

In my book European Jewels Banco Santander, I defined 3 competitive advantages that will provide the winners of the future in this industry. The banking industry landscape is changing. The old days of miraculous profitability are long gone. How will competitive forces and external environment evolve in the future? Liquidity and…

Industrial success is getting harder and harder these days. Companies seeking success in industrial production face tremendous competition from abroad countries, that have production costs advantage. The trick to invert this situation was given in “European Jewels – Steel Industry” where I described the industrial process for constant market success.…

Product innovation plays a very important role in a company’s success, and therefore, for the investor. From my third book I took this excerpt that reflects my view about the importance of product innovation: “The product innovation is at the core of every company activity. Every company starts with some…

Unlike what economic theory says about agents being rational, market agents’ perceptions and reactions are more based on primitive instincts than anything else. Only this observation can explain why financial markets have been reacting so badly to the eminent QE exit. Bernanke is starting to feel that the moment to unplug the money…

We started our series of blogs “Corning: Boom or Bust” by introducing Corning main activities and businesses. In the 2nd part we dissected the strategy of the company, and we concluded that in theory it is a winning strategy. Therefore we assume that the revenues of the company will continue…

The following table is presents the current financials for Corning Inc. In Millions of U.S. Dollars 2012 2011 2010 2009 2008 Revenue 8.012,00 7.890,00 6.632,00 5.395,00 5.948,00 Other Revenue, Total — — — — — Total Revenue 8.012,00 7.890,00 6.632,00 5.395,00 5.948,00 Gross Profit 3.397,00 3.566,00 3.049,00 2.093,00 2.738,00 Gross…

Corning’s Strategy and Technological Councils Corning’s source of innovation relies on the GSC (Growth and Strategy Council) and the CTC (Corporate Technology Council).  The GSC includes the CEO, the COO and the CTO, this group meets once or twice a month to provide advice and guidance to the business segments.…

In this 1st Part of our analysis of Corning Inc, we will start by detailing the company’s activities and general history in order to get a better idea of where we should focus. Companies have an heritage and set of values that are resilient to time, we should find them and understand…