A recent blog post at The Brooklyn Investor discusses whether Warren Buffett pays 10x pre-tax earnings for both private companies and public stocks: It’s amazing how so many of the deals cluster around the 10x pretax earnings ratio...
A recent blog post at The Brooklyn Investor discusses whether Warren Buffett pays 10x pre-tax earnings for both private companies and public stocks: It’s amazing how so many of the deals cluster around the 10x pretax earnings ratio...
I bought shares of IMS Health (IMS) in early 2009. The company went private in 2010. That buyout (involuntarily) ended my investment in the stock. Now in 2014, IMS Health is going public again. I don’t invest in IPOs. So, I’m not...
G Asset Management put out a press release announcing 2 different offers for different parts of Barnes & Noble (BKS): …a proposal to acquire 51% of Barnes & Noble, Inc., valuing the company at $22 per share, a ~30% premium...
Moody’s downgraded Weight Watchers (WTW) debt: Moody’s expects a sharp drop in 2014 revenue and EBITDA to about $1.4 billion and $325 million, respectively, even with management plans to initiate cost reduction programs. As a...
Today, I bought Towns Sports International (CLUB). My average cost was $8.77 a share. I put 19% of my portfolio in the stock. This is my first stock purchase since Weight Watchers (WTW) in August 2013. I am now 100% invested in stocks....
The main point of this post is to provide the Notes PDF from which The Avid Hog issue on Weight Watchers was prepared: Weight Watchers Notes PDF A lot of people emailed me about Weight Watchers (WTW) after the company reported earnings...
The following stock may appear in a future issue of The Avid Hog. Catering International & Services trades in Paris under the ticker “CTRG”. The company was founded in Marseilles, France in 1992. Two families control 71% of the...
In his 1996 letter to shareholders, Warren Buffett explained his strategy of investing in “inevitables”: Companies such as Coca-Cola and Gillette might well be labeled “The Inevitables.” Forecasters may differ a bit in their...