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book value


Shallow Investment Pitches Lead to Strikeouts

Book value may not be valuable. Changes in reported earnings per share is not growth. How can we use that insight to select funds?

I am focusing today on the kinds of “elevator comments” that one hears in the lift… READ MORE ›

Current Investment Traps

Introduction

To use a term from tennis, a trap is an unforced error. In our arena of investments a trap is a concept/thought that leads us to significant losses of capital, or worse, opportunities to make sound productive investments.

Last week… READ MORE ›