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Author: Saj Karsan

Irrational Exuberance: Chapter 6

In the year 2000, while many market pundits expected the market to rise continuously upward, Robert Shiller warned about the stock market bubble, though not that many paid attention. While most were blinded by optimism, Shiller...

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Irrational Exuberance: Chapter 5

In the year 2000, while many market pundits expected the market to rise continuously upward, Robert Shiller warned about the stock market bubble, though not that many paid attention. While most were blinded by optimism, Shiller...

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Mutual Funds Have It All Wrong

Canada’s largest national newspaper notes that “ScotiaFunds Is Tops”. Presumably, one might expect this to mean that mutual funds commissioned by Scotia outperformed other funds when it comes to returns....

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Blyth Inc: Flaming Value?

Blyth (BTH) sells an extensive collection of accessories including candles and lotions. The company trades with a P/E of just 7, despite a ttm return-on-equity of almost 15% and despite having more cash than it does debt. Blyth...

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Cash Levels High Or Low?

If you follow the markets, you have no doubt heard the bull argument that companies are holding record levels of cash, and therefore that should eventually translate into future dividends, buybacks and investments, all of which...

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Diana: Shipping For Dollars

Diana Shipping (DXS) transports dry-bulk cargo using its fleet of 20+ ships. The state of the industry is pretty poor right now, with shipping rates, as measured by the Baltic Dry Index, having fallen quite a bit: Rates are...

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PE10 Weaknesses Continued

The PE10 is a useful ratio that aids the investor in determining the relative price level of the aggregate stock market. But as discussed on this site last week, the metric is far from perfect, as the arbitrary use of a 10-year...

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Irrational Exuberance: Chapter 4

In the year 2000, while many market pundits expected the market to rise continuously upward, Robert Shiller warned about the stock market bubble, though not that many paid attention. While most were blinded by optimism, Shiller...

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Irrational Exuberance: Chapter 3

In the year 2000, while many market pundits expected the market to rise continuously upward, Robert Shiller warned about the stock market bubble, though not that many paid attention. While most were blinded by optimism, Shiller...

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