I like unadulterated, virgin raw data. It is much easier for me to get a the truest picture of a firm's past performance when the data I'm staring at has not been 'smoothed' in any way. For me smoothing out exceptional items is like trying to deny history. It happened, get over it. After the 'smoothing process' there is usually an averaging process to try and get an … [Read more...] about Here’s the Value of the S&P 500
There are is one main reason why I did not make an investment into Senior Plc (LSE: SNR) yesterday after it's mixed trading statement: on an earnings basis the Senior Plc (LSE: SNR) stock is beyond the realms of sensible value with a PE Ratio of over 20 If I were a long-term shareholder I would not be panicking right now and just leave my position open whilst counting the … [Read more...] about Senior Plc (LSE: SNR): Awesome Operating Business Suffering Revenue Declines
Monthly from the Shares and Stock Markets Portfolio beat the FTSE 100 but not the S&P 500 or the Dow Jones Industrial Average: SASM Portfolio: 1.46% FTSE 100: 1.26% S&P 500: 6.63% Dow Jones: 7.07% Considering the losses suffered by the S&P and The Dow in the previous months and the (unfounded) bullishness emanating from mainstream media a rebound was … [Read more...] about 1.46% Monthly Gain: March Portfolio Value Report 2016
Welcome to the first Monthly Portfolio Value Report. This is where I detail the investments I've made during the previous month (if any) and how the growth of The Shares and Stock Markets Portfolio on a total market value basis is going. I'll also post the lessons I've learned and the problems I've encountered and how I intend to deal with them in the future. Total … [Read more...] about Monthly Portfolio Value Report January 2016
What is the value of the stock market is a valid question since I'm about to launch a new portfolio and the value of the stock market has a direct influence on how that portfolio will be comprised. To cut a long story short if the stock market is overvalued then I'll purchase more bonds than stocks. The same goes for when the stock market is cheap: I'll buy more stocks … [Read more...] about The Value Of The Stock Market And S&P 500 PE Ratio
A reader has recently asked two very interesting questions after reading the post on Volkswagen's potentially criminal behavior and subsequent 40% share price decline: Do you think it has currently dropped enough, or is this just the start, to create an excellent Margin of Safety? Are there any other largely unpopular companies following along the Graham model that you … [Read more...] about Are There Any More Relatively Unpopular Large Companies Like Volkswagen?
Investors need a quick way to find out the value of a stock before continuing with greater in depth research. Here's a screenshot from one of my favourite websites with which I quickly try to get the sense of a stock's value: Data from morningstar.co.uk Morningstar.co.uk is a great free resource when it comes to finding and valuing stocks. The positive things that … [Read more...] about How To Use Ratios To Value A Stock
The front cover of The Economist for the 1st December featured four giant squid at war with one another. Each of them had a tech giants' name emblazoned on their torso's. They were: Amazon Facebook Google Apple. The article perused the usual antitrust issues such as monopolistic practices and the calls by watchdogs for these massive companies to be "chopped up" … [Read more...] about 4 Giant Tech Stocks Get The Ben Graham Treatment