Author: Saj Karsan

LCA-Vision’s (LCAV) stock price volatility has helped out many value investors. Many times during the last three years has his stock fallen or risen by 50% or more over the course of just a few months; two such occasions...

Last week, a reader brought up an interesting point with respect to investment decisions: “I disagree with the idea that an investment that has a non-trivial probability of a large loss is necessarily a bad one. I would...

If you’re a value investor, you’ve been waiting for prices like these. For several months, you watched the market hit new highs. But you avoided ploughing in, realizing that buying on the way up is a recipe for...

If a corporation has a lot of cash, one would think it doesn’t need to take on the added costs (through interest payments) associated with debt. But it appears things in practice are a little different from what they are...

Even though it is run by the best investor in the world, there are a few reasons not to like Berkshire Hathaway (BRK) as a stock. Because of its size, Berkshire is limited in terms of its investment universe. As Warren Buffett...

At the risk of turning this blog into a site dedicated to the comings and goings of hhgregg (HGG), this is yet another post dedicated to drilling down on this company. Last week, a reader responded to the post discussing...

The mainstream finance profession will have you believe that risk is akin to price volatility. Unless you are a short-term trader, this is wrong; a change in a business’ price rarely affects its operations. Real investment...

Market participants can be roughly divided into two groups: short-term speculators and long-term investors. Nowhere is this dichotomy more clear than in shares of RadioShack (RSH), which have taken a beating for most of this...