Free Cash Flow – Part 1

Cash flow

A reader has tweeted: @djthomas Is any chance to make a tutorial about how to determine Free Cash Flow (FCF) from financial statements on your website? — Manoz Joshi (@ManozJoshi) June 2, 2013 I like a challenge and so I'll get straight into it. Free Cash Flow - A Quick Tutorial The problem starts with just which free cash flow formula you would like to use. Investopedia explains that free cash flow can be calculated in two ways: EBIT (1- tax rate) + depreciation and amortization Continue Reading

The Shares And Stock Markets Value Investing Manifesto

value investing manifesto

Thanks for reading today’s post and please share the manifesto using the social media icon buttons at the end of this post. To support the work of the Shares and Stock Markets Blog, buy a microwave safe mug with the manifesto printed on it

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5 Ways A Large Cap Stock Is Undervalued

large cap stocks

Benjamin Graham gave us 5 ways that a large cap stock is undervalued: The company must be large – more than $10 billion market cap in the US or a member of the FTSE 100 for UK stocks The company ought to be going through a period of unpopularity – activist shareholder revolt, missed/ reduced [...]

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How To Value A Stock Quickly

quickly value stocks

Are you short of time but need to value a stocks quickly? Are you looking to get the job done using reliable and free financial data? If you need to do preliminary research on a company that interests you but have limited time in which to do it you’re not alone. The good news is [...]

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Get A Free Value Investing Tutorial From A Professional Money Manager

free value investing tutorial

The best thing a human being can do is to help another human being know more – Charlie Munger Charlie is basically saying that on a one-to-one level, sharing knowledge and understanding with people is the best way to help them. Free tutorials in value investing, step-by-step ‘How To’ posts and PDF reports and resources [...]

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Value Investing And Short Selling

Value Investing And Short Selling

Value investing is not a long-only philosophy. Yet many value investing practitioners exclusively choose to go long and shun short-selling. That’s fine and I’m not one of those bloggers who likes to belittle the strategies of others like an unknown bulletin board poster. Its just that if markets fall faster than they rise, it would [...]

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Why Positioning Yourself As An Intelligent Investor Is So Lucrative

Why Positioning Yourself As An Intelligent Investor Is So Lucrative

Investing is most intelligent when it is most businesslike – Ben Graham The.com bubble inspired me to search for an investment strategy that makes sense and could easily be integrated into my hectic lifestyle. After a brief period looking at price charts, I Googled and re Googled phrases like ‘best investment strategy’, ‘best investment books’ and ‘best investors’. [...]

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What I Learned From The Master Investor Show 2013

What I Learned From The Master Investor Show 2013

Even though I missed Sofia like mad, I’m converted to the idea that attending investor conferences such as UK Investor Show and just this weekend the Master Investor Show is a great idea. I always seem to learn a lot from them and barring some disaster, I’ll be attending both next year. For one thing, [...]

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The London Stock Exchange; Scouring The 52 Week Lows

The London Stock Exchange; Scouring The 52 Week Lows

As is a value investor’s habit, I thought I’d share with you my quick take on 3 companies from last week’s 52 week lows from the London Stock Exchange. An interesting idea considering the current valuation of the market and last week’s volatility due to global growth and the sell off in commodities. There’s always [...]

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Testing Benjamin Graham; First Quarter Results 2013

Testing Benjamin Graham; First Quarter Results 2013

Well the numbers are in. Unlike a European Finance Minister, lets not dilly dally and dive straight into the numbers: UK Q1 2013* US Q1 2013* FTSE 100 9.50% S&P 500 10.60% Asset Value Portfolio -3.10% Asset Value Portfolio 1.43% The Relatively Unpopular Large Company 6.74% The Relatively Unpopular Large Company 8.60% Winnowing Of The [...]

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