Author: Saj Karsan

If you’re not the type of person that levers up his assets to the hilt (i.e. you would rather save up for a sizable downpayment for a car/house rather than borrow as much as you possibly can), you might apply that same...

Companies will often take credit when revenue growth outperforms economic growth, using sentences beginning with “Despite the current situation, we…”. But these same companies will be quick to blame the...

Companies offering mortgages or related products are currently out of favour in the stock market, and often with good reason. Many companies spent the last few years borrowing money, and then lending it out carelessly, expecting...

Charlie Munger is Warren Buffett’s right hand man at Berkshire Hathaway. Over the next few weekends, we’ll be summarizing the text he authored titled “The Psychology Of Human Misjudgement”, where he...

Charlie Munger is Warren Buffett’s right hand man at Berkshire Hathaway. Over the next few weekends, we’ll be summarizing the text he authored titled “The Psychology Of Human Misjudgement”, where he...

Although the Q2 period covers the days between the beginning of April and the end of June, because the fund is in its infancy (it launched June 1st), the period covered here is only one month. Also, considering the fact that the...

KSW Inc. (KSW) provides ventilation and piping systems to owners of industrial, commercial and residential buildings in New York City. This is an inherently cyclical business, as the company is reliant to a large extent on new...

When companies report earnings, analysts will often focus on how profit expectations were met, rather than what those numbers are. For example, even if a company beats earnings expectations, if revenues came in lower than...

Last week, we looked at the historical price to book value of Melcor, and noticed that it sells today near historic lows. While this may suggest a buying opportunity to some, many would argue that varying levels of price to book...

Whether managing their own money, or having given it to a professional, investors want to know if the time/money/effort spent on security selection is worthwhile. To do that, a logical approach is to compare results with those...