There appears to be a prevailing market belief that commodity prices can only rise in the long-term, despite short-term fluctuations. Inelastic demand from developed countries and unremitting demand growth from emerging markets...
Read MoreIt’s unusual to see a large company where a net cash position makes up the bulk of its market cap, but such is the case with Tellabs (TLAB), seller of switches and other networking equipment to telecom providers. Tellabs...
Read MoreIn this age of information, a great number of people spend most of their waking hours reading. Value investors are no exception; we need to read articles, books, 10-Ks and all sorts of other filings. The benefits to reading...
Read MoreJust 9 months ago, Janus was discussed on this site as a potential value investment. Last week, investors were offered the opportunity to sell the company following a gain of 47% from its November 2011 price. As such, Janus...
Read MoreCompanies are susceptible to losing their customers as a result of disruptive technologies. In The Innovator’s Dilemma, Christensen demonstrates that companies are overtaken despite doing everything right – listening...
Read MoreNassim Taleb calls it “One of the most important management books of all time.” The Halo Effect tells us why much of what we believe about business is quite likely false, thanks to a number of delusions. Author Phil...
Read MoreElectronics retailers are at a crossroads. The flagship products they made so much money on in the last decade, namely flat-screen tvs, are no longer as lucrative as they once were. Consider how differently these companies are...
Read MoreThe title does not refer to Twitter as a value investment, but rather as a tool for value discussion! It has been two years now since I joined Twitter, and in that relatively short amount of time it has become an important part...
Read MoreAs earnings season continues, investors are keeping a watchful eye on their favourite companies’ quarterly reports. Stocks become highly volatile during this period, moving several percentage points up or down based on a...
Read MoreValue investors can spend a lot of time evaluating the quality of a company’s management. We look at management’s track record, and attempt to gauge the level of management’s candor in providing information to...
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