The stock market got off to one of its strongest starts ever in 2011, picking up right were it left off after a stirring fall rally offset eight months of lethargy in 2010. But after shaking off one depressive force after another, things began to unravel in June and soon all year to date gains [...]
The latest weekly edition of Wonderful Businesses is out for the market week of July 5-8, 2011. In this issue, find out: Two quarters down, two to go in 2011. Find out the performances of all Rule #1 companies so far this year and who is best poised for big runs in the second half [...]
Opinions vary as to the overall effectiveness of QE2; the second round of treasury buying by the Federal Reserve in an attempt to stimulate the economy. This will not be an article debating such, but I will say that important objectives were both met and missed. The housing and job markets did not rebound as [...]
Phil Town knew some revision was necessary to the “don’t lose money” Rule #1 philosophy. Unless you exited the stock market completely in September, 2008 (or sold short), no matter how well you picked your wonderful businesses and got their sticker prices right, you lost money. We all did, even Warren Buffett. The stock market [...]
Jim Cramer, host of CNBC’s Mad Money, is a polarizing figure to say the least. He has an outrageous demeanor, has been called to the carpet for a multitude of dead wrong stock calls, and was exposed by Jon Stewart as a participant in the illegal and immoral shenanigans that take place as hedge fund [...]
The market began the day in the red but rallied later upon the release of the Federal Reserve meeting minutes for April. There were concerns contained in those minutes expressed by officials such as inflation and the related problem of escalating oil prices. There was also varied opinion as to when it would be appropriate [...]
The latest edition of Wonderful Businesses is out for the market week of May 16-20th. In this issue, you will see: The analyst composite 12-month price targets for all undervalued Rule #1 businesses The two Rule #1 members who received new, glowing recommendations for Standard & Poors The Rule #1 business who disappointed at earnings [...]
I recently saw Warren Buffett appear on CNBC, and of course, what he has to say is always important because he is the greatest investor of all time. His investing method also runs parallel to that of Rule #1 investing, with the common premise of finding wonderful businesses that we can understand trading at a [...]
The latest weekly edition of Wonderful Businesses is live! Here is what we packed into this issue: Five Rule #1 businesses reported quarterly earnings last week. See how they did versus street estimates and how management guides the remainder of the fiscal year Find out which Rule #1 business landed a big Eastern European distribution [...]
The Labor Department released a troubling report today that the number of initial jobless claims filed last week unexpectedly jumped to 474,000, the highest amount since last August. This has also cemented a negative trend which has seen the end of the continual decline of claims over the past eight months. Economists were expecting about [...]