Entering the market Friday, November 16, 2007
Posted by ei-forum in US Traded Stocks.add a comment
The following months are going to continue to be volatile and – as our readers know – we do not recommend trying to call the market. Having said this and following on from yesterday’s article, we feel that it is time to start to take advantage of some interesting opportunities.
Would be interested if we told you that you could buy shares in a solid business trading with a P/E ratio of 3.57, excellent financials and paying over 9% divided yield? Well you can, take a look at Precision Drilling Trust (PDS).
This is the first company in a new portfolio that we will start to assemble using the buying in thirds methodology.
Please read the following links to see what we think of PDS:
Please read our disclaimer.
Buying in Thirds Thursday, November 15, 2007
Posted by ei-forum in Investing.add a comment
As we have written time and time again, the Enterprising Investor should take a long-term view to investing and profit from volatility.
On way of dealing with this is by using an investing method know as ‘Buying in Thirds’. What does this mean? Well, practically speaking:
- Identify the stock you want to buy
- Decided how big a position you want to take, how much capital you are going to put into this pick
- Divide the capital by 3
- Proceed to buy though 3 separate transactions
You never know how a stock is going to behave and the reasoning is that as soon as you identify this stock you should open position and then you can sit back and see how it behaves, taking advantage of volatility to either move more money into the position or avoid a costly mistake if you had invested 100% of the sum you had initially committed.
Tomorrow we will start to discuss using this strategy with some of the companies we have talked about in the past.
New York Times – DealBook Wednesday, November 14, 2007
Posted by ei-forum in Miscellaneous.add a comment
We have just added another link on our ‘Interesting Sites’ column.
DealBook is edited by Andrew Ross Sorkin and is the New York Times blog dedicated to Wall Street.
The blog covers everything from general buzz, Mergers & Acquisitions, I.P.O.s, Private Equity, Venture Capital, hedge funds and more.
It is definitely and very good source of information and a good place to stop!
Enjoy.
Time for Buffett Tuesday, November 13, 2007
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Is Buffett about to make another killing?
In the current economic climate and market turmoil, over 45 billion dollars in cash and a triple-A credit rating can go a long way. Rumors are circulating that major bond insurers are desperately calling Berkshire to ask for help through their reinsurance businesses and this wouldn’t be the first time Buffett could profit from using his experience and financial weight to make a huge profit.
As Buffett often says, he knows the insurance business and is willing to back exceptionally large contracts… naturally, as he is probably one of the only hopes, he can pretty much ask any price.
Keep track of latest developments on the CNBC Warren Buffett Watch page: here.
Dogbert Investments – 2 Monday, November 12, 2007
Posted by ei-forum in Investing Humor.add a comment
Come back next Monday for part 3!
Dogbert Investments – 1 Friday, November 9, 2007
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Today we start a six part series on this new investment subsidiary:
Come back on Monday for part 2!
Coeur D’Alene moving higher Thursday, November 8, 2007
Posted by ei-forum in CEO Interviews, US Traded Stocks.add a comment
Silver prices have started to move sharply higher and Coeur D’Alene (CDE) is up over 25% since we talked about this stock back in June (original post: link).
As we already discussed, this company gives investors a change to participate in the inevitable increase of silver prices due to the fact that the world has nearly run out of silver and it is also interesting as a hedge against the economic downturn and current market conditions.
For an interesting interview on the future of silver, please see the ‘Investors Pumping Silver’ video interview from TheStreet.com: here.
How high can Berkshire go? Wednesday, November 7, 2007
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Berkshire (BRK-B) shares are up over 24% since we wrote about them and the attractive share price back in July in our post on Mohnish Pabrai (link).
The question that people keep on asking is just how high can the shares go? But if you talk to anyone about their experiences with the share, most people will tell you that at first, they thought that they would just hold off and wait for better prices but that they eventually ended up buying at higher prices since the price just kept on going up.
Taking into account current market conditions and turmoil, we can think of a lot of worse places for your money. Furthermore, taking into account the fact that at current prices, the ratios are looking better than the past year averages, we see no reason why we couldn’t see – at least – another 10% increase.
Please read our Disclaimer.
The end of the US Dollar… Tuesday, November 6, 2007
Posted by ei-forum in Miscellaneous.add a comment
As already discussed in the past:
- U.S. Dollar is trading well below its previous low of all time
- Gold has pierced the $800-per-ounce level
- Crude oil has surged to $94 per barrel
- Foreign stock markets are surging
And on top of this, Gisele has just taken a stance against the Dollar! Apparently, she is refusing to be paid in the currency and prefers Euro!
View article: here.
Will this be the last straw? 
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