Stock Analysis
Starbucks International Growth
I was surprised to find very few Starbucks (SBUX) shops in Vienna. Despite traveling extensively around the city I counted only two.
Jackson Hewitt – To Be or Not to Be?
The certainty that we have to file a tax return every year, that the number of tax returns is rising, tax preparation is getting more complex and thus despite availability of tax preparation software more and more people outsource their tax preparation peaked my interest in Jackson Hewitt.
Down to the Last Drop of Profit Growth (in Barron’s)
STOCKS ARE ALLEGEDLY CHEAP NOW, at 17 times 2007 earnings. And they are cheap by historical standards.
What does Hank know?
Hank Greenberg, the ex-chairman of AIG (AIG), the guy who made AIG what it is today, hired an investment banker to help him figure out what the company is worth.
BusinessWeek Video Interview
I talked to Jim Ellis at BusinessWeek about my book Active Value Investing. As you will see, if you tie my hand I'd go mute.
Bank of America – The Contrarian
I welcome the Bank of America (BAC) acquisition of Countrywide (CFC), as for the first time as I can remember BAC acts as a contrarian investor.
Dragged Down by IRS and IRS is Your Friend
Jackson Hewitt (JTX) declined significantly yesterday on news the IRS proposed regulation to ban refund anticipation loans, or RALs.
Will Gold Shine Again?
This article was originally called Will Gold Shine Again? It was excerpted from my book Active Value Investing and appeared in the Rocky Mountain News.
Joseph A. Banks – Another Quarter, Same Great Story
Jos A. Bank (JOSB) reported decent numbers yesterday: sales grew 10%. It's not a blow out number but a respectable number for this environment.
Citigroup – As Good As it Gets?
Who would have thought that an almighty Citigroup (C ) would be taking out a sub-prime no-income verification $7.5 billion convertible preferred loan from Abu Dhabi?
Interviewed By George at Fat Pitch Financials
I was interviewed by George who runs Fat Pitch Financials and Value Investing News. George also reviewed my book.
Video Interview: Apple – Don’t Buy! Jackson Hewitt – Buy and my book
In this fund video interview with TheStreet.com I talk about why I don't think Apple (AAPL) is a buy, why I love Jackson Hewitt (JTX) and my book Active Value Investing.
Jackson Hewitt an Opportunity?
Soon after we purchased Jackson Hewitt (JTX), offices of one of their franchisees was raided by the U.S. Justice Department; the franchisee was accused of falsifying tax returns for thousands of taxpayers.
Time to Be Downbeat About Wal-Mart?
When I bought Wal-Mart (WMT) a bit more than a year ago, I wrote an article for Financial Times where I laid out my theses.
First Marblehead – a Value But Not for Light Hearted
I've been a big fan of First Marblehead's (FMD) stock for couple months now, and it looks like an incredible value today, trading somewhere around 7-8 times earnings.
Navigating In “Interesting Times”
The Federal Reserve’s latest move was to encourage lending, not to stimulate borrowing. The Chinese curse comes to mind here – may you live in an interesting time.
Goodbye Moto, Hello Nokia!
It seems that Motorola (MOT) comes out with a good handset that everybody wants every five years or so. Considering that, we have a couple more years to go until the company will have another blockbuster handset again.
You call that a sell-off?
I am arguing that yesterday's selloff is not a watershed event and basically a non event. Jeff Macke called the article a very Russian one, when I inquired why he explained "My ancestors ate frozen wood while staving off Napoleon.
Motorola’s Loss, Nokia’s Gain!
After Motorola (MOT) threw in the towel on making money in cell phones this year, is it a good buy?
Good Company vs. Good Stock
In the long run, the performance of a stock in isolation is the product of fundamentals and valuation.
The Truth Is In…
I say "in writing veritas." MarketWatch asked me to write an article about one's investment strategy in the interest rate environment on the horizon.
