Author: Saj Karsan

Value investors believe that Mr. Market’s mood swings offer them excellent opportunities to buy low and sell high. But how does an investor avoid becoming Mr. Market rather than taking advantage of him? Influence, by...

Warren Buffett has called himself “85% Graham and 15% Fisher”. While the works of Graham are often cited, Fisher’s book “Common Stocks and Uncommon Profits” is not. Here follows a summary of the...

Noting that positive (negative) earnings surprises tend to be followed by more positive (negative) earnings surprises, economist Dr. Hersh Shefrin makes the point that this occurs because the investor/analyst tends to be...

Value investors tend to invest along with other value investors: investors looking for stocks with particular characteristics will tend to find the same stocks attractive. Furthermore, when value investors are significant...

In general, makers of capital equipment see highly cyclical demand from their customers, as the will/ability of companies to finance expensive purchases during recessions disappears. Further adding to the already-pressured...

Companies that are either primarily listed in countries outside of North America or that do much of their business outside North America are often discussed on this site. As a result, I receive many questions regarding...

On Friday, Acme United (ACU) reported year-end results. While their customer markets are still soft, Acme was able to grow revenues by expanding their product lines and customer base. While many companies do this by slashing...

Warren Buffett has called himself “85% Graham and 15% Fisher”. While the works of Graham are often cited, Fisher’s book “Common Stocks and Uncommon Profits” is not. Here follows a summary of the...

Warren Buffett has called himself “85% Graham and 15% Fisher”. While the works of Graham are often cited, Fisher’s book “Common Stocks and Uncommon Profits” is not. Here follows a summary of the...

Endwave (ENWV) has cash of $66 million and total liabilities of just $5 million, yet the stock trades for just $24 million. The company does show losses; however, in recent quarters these losses have been small in comparison...