Posts
Help me refine my DCF
Gentlemen, allow me to share some personal habits and question i have about my process of investing, and feel free to opine as harshly as you desire. Well thought out replies are highly appreciated. a) For terminal growth, i use the fed funds rate. My rationale behind this is, that …
New investor wanting opinion on stocks
I feel I am usually pretty good at finding value stocks but struggle with when to sell. Anyone have opinions on this? Just hold long term or sell once a stock is up 20%-40% just sell? COV (Covalon Technologies Ltd) I bought at 2.15/share it’s currently up to 3.54/share since …
Home Builder Book Recommendation
Any book recommendations for researching the real estate development industry? I’m interested in LEN and DHI and would like to learn more about the developer industry. Learning from Munger, I’m trying to expand my lattice of mental models. I read *The Prize* when I was thinking about investing in oil …
Rollins, FTC news overblown?
Been seeing Rollins trade lower and lower. There was news that the FTC ruled against their standing non-compete agreement, which blocked 18,000 employees from being poched by other pest control companies. I'm wondering if this news is overblown, or if not how much the future earnings and profit are expected …
DSGX - Good or Bad Value
I've been looking into Descartes for the past few weeks and from a value standpoint I am intrigued. They run a software program which connects shippers, carriers, freight brokers, and other customs authorities. The main reason I love the company is the moat I think they possess. Debt free balance …
DSGX - Good or Bad Value?
I've been looking into Descartes for the past few weeks and from a value standpoint I am intrigued. They run a software program which connects shippers, carriers, freight brokers, and other customs authorities. The main reason I love the company is the moat I think they possess. The more carriers/shippers/brokers …
Capstone Energy (CEPL): a condensed thesis (what am I Missing?)
Capstone Energy (CEPL) is a small, newly recapitalized power-equipment (turbines) company that has finally reached operating profitability (9 consecutive quarters of EBITDA growth and the last few have shown a small positive NI \~$2.8), with a potential data-center catalyst that is not yet reflected in the existing financials. Since the …
This quote illustrates how value investing works these days
I dont need my analyst to tell me when a 10x PE stock is cheap, I need an analyst to tell me when a 40x PE stock is cheap. - Steve Mandel, founder of Lone Pine Capital
Babcock & Wilcox: the balance sheet stopped being the risk, and the market hasn’t noticed
**Babcock & Wilcox (BW): The balance sheet stopped being the risk** I’ve been digging into Babcock & Wilcox, and I think the market may still be pricing the company like the old B&W. 18 months ago, the company had a going-concern qualification and \~$337M of net debt. Today, it has …
Which Growth Metric Actually Drives Long-Term Stock Returns?
# We Analyzed 360+ Stocks with Gemini AI to Find Out When screening for growth stocks, investors are inundated with options: revenue per share, EBITDA, free cash flow, book value, and normalized earnings. But if your goal is beating the market over a 5- or 10-year holding period, which number …