Money and Finance
- Links
For those interested, Matt and I at Boyles were included in the latest issue of Value Investor Confidential, a subscription newsletter that allows one to sign up for a 2 Week Free Trial to test the service. Jason Zweig reposts an old Ben Graham...
- Limitations Of Book Value In Security Analyses
From The Aggressive Conservative Investor (written in 1979, which is good to keep in mind when reading the part with the oil example):To repeat, we do not believe in acquiring securities solely on the basis of the earnings record of a company...
- Recent Buy
Whenever I make a new purchase for my portfolio I feel it's only fair to get a post written giving all of the juicy details. I want to be as transparent as possible with my journey to reach financial independence through dividend growth investing....
- Dividend Increase - Kinder Morgan, Inc. (kmi)
Yesterday, the Board of Directors for Kinder Morgan, Inc (KMI) announced an increase in the quarterly dividend from $0.36 to $0.37 per share. The new rate will be payable on February 15th to shareholders of record as of January 31st. The increase...
- Kinder Morgan To Combine Its Companies
NEW YORK (AP) — The group of oil and gas pipeline and storage companies controlled by Kinder Morgan but traded separately will combine and become the 4th biggest U.S. energy company by market value. The companies announced Sunday that Kinder Morgan...
Money and Finance
Horizon Kinetics February 2013 Market Commentary
This month we continue our series on Predictive Attributes by discussing companies that fall under the rubric of “Bits & Pieces.” Bits & Pieces, which we actually research on a formal basis and for which we publish a monthly review, refers to the ownership by a publicly-traded company of stakes in other public companies or marketable securities. As the three examples below illustrate, it is occasionally possible to identify cases where, if one subtracts the market value of the investment stakes (even when they are publicly-traded and therefore readily verifiable), the market appears to attribute little or no value to the remaining operating businesses. Such circumstances are akin to acquiring the core business or assets of a company for free.
- Links
For those interested, Matt and I at Boyles were included in the latest issue of Value Investor Confidential, a subscription newsletter that allows one to sign up for a 2 Week Free Trial to test the service. Jason Zweig reposts an old Ben Graham...
- Limitations Of Book Value In Security Analyses
From The Aggressive Conservative Investor (written in 1979, which is good to keep in mind when reading the part with the oil example):To repeat, we do not believe in acquiring securities solely on the basis of the earnings record of a company...
- Recent Buy
Whenever I make a new purchase for my portfolio I feel it's only fair to get a post written giving all of the juicy details. I want to be as transparent as possible with my journey to reach financial independence through dividend growth investing....
- Dividend Increase - Kinder Morgan, Inc. (kmi)
Yesterday, the Board of Directors for Kinder Morgan, Inc (KMI) announced an increase in the quarterly dividend from $0.36 to $0.37 per share. The new rate will be payable on February 15th to shareholders of record as of January 31st. The increase...
- Kinder Morgan To Combine Its Companies
NEW YORK (AP) — The group of oil and gas pipeline and storage companies controlled by Kinder Morgan but traded separately will combine and become the 4th biggest U.S. energy company by market value. The companies announced Sunday that Kinder Morgan...