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FREE CONTENT

Stock Price Guidelines

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...

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IMS Health (IMS): 4 Years Later

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...

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Bought Town Sports (CLUB)

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....

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Weight Watchers (WTW): Notes PDF

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...

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The Inevitables

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...

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