Why Wall Street Values Earnings
Wall Street Analysts seem to be focused on Earnings, Earnings Estimates, and Earnings Reports – sometimes obsessively so. It’s often hard for investors to understand why; surely there are other factors...
View ArticleFactoring Current Assets – Cash, Accounts Receivable and Inventory.
Roy Anderson Foulke, a prominent economic statistican observed in 1945: “The classification of current assets is undoubtedly the most important classification in a balance sheet, as current assets...
View ArticleStock Tools – Intrinsic Value
The word intrinsic comes from the latin intrinsecus meaning “inward”. In modern parlance, intrinsic means “belonging to a thing by its very nature”. The intrinsic value of a stock will thus be very...
View ArticleBenjamin Graham’s 10 Rules – Still Valid Today?
Much has been made of Benjamin Graham’s so-called “10 Rules” for selecting stocks. In his later years, having started to focus more on earnings and dividends than assets, Ben condensed his six decades...
View ArticleHow Good an Interpreter Are You?
“The text has disappeared under the interpretation.” ― Friedrich Nietzsche, Beyond Good or Evil In 1956, Soviet leader, Nikita Khrushchev was alleged to have said “We will bury you!” at a reception in...
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