Seize economic data in just one click

We understand that intrinsic value of stock largely depends on the nature of business itself which, defined by Warren Buffet, includes four key aspects – business, management, financial and value. Continue reading

Posted in Macroeconomics | 3 Comments

Book notes of chapters 3 and 4 of “The intelligent investor”

continue the sharing of my book notes of “The Intelligent Investor”,

Book_note_chap3_A Century of Stock-Market History

Book_note_chap_4_portfolio_policy_defensive_investor

Posted in Presentations and Notes | 1 Comment

What are the big names who are now buying and/or owning BAC?

Currently there are a lot of negative news and things about BAC and all banks in general. We are wondering what are the famed value investors’ takes on BAC: Continue reading

Posted in Equity Analysis | 31 Comments

Valuation of BAC using Graham formula and relative valuation method

Let us exercise some valuations of stock,

  •  By using Ben Graham formula,

In the book “The Intelligent Investor”, Benjamin Graham gives a formula to value intrinsic value of stocks. He disregarded complicated calculations and kept his formula simple. The original formula is as follow, Continue reading

Posted in Equity Analysis | 3 Comments

Excellent readings and links about investment

1. Outstanding value investing newsletter – Columbia_Biz_school_newsletter_2011 edited by students of Columbia Business School. Continue reading

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US Macroeconomic indicators with high impact

How do we diaganose the health of US economy nowadays? The best way is to study the macroeconomic indicators. Continue reading

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Is the curent market cheap? Part II – what does DCF model tell us.

Is the current market cheap or expensive? Let us use two stage growth Discount Cash Flow (DCF) model to calculate the intrinsic value of SP500 in order to answer this question. Continue reading

Posted in Equity Analysis | 2 Comments

Interesting stuff to read

  • Are financial stocks dying or reviving?

Financial stocks (e.g. BAC, WFC, JPM) are down double digits this year, it is the industry sector with the biggest drop. There is so much distaste for financial stocks in Market sentiment nowadays. So are financial stocks dying or reviving? Continue reading

Posted in Equity Analysis | 2 Comments

Best Stock Screener on the web

I stumbled into Robotdough from recommendation of one value investment blog last year.  Since then I fell in love with it. It is probably be the best freestyle formula based stock screener so far!

Most other screeners like those from yahoo, msn money, google, morning star etc will only allow individual investor to enter the formula which are available from their screeners, but Robotdough is so robust that it can allow you to enter any equation and metrics you want.  Continue reading

Posted in Equity Analysis | 10 Comments

Collaboration of Central Banks lift the market

An excellent insight from Scott Grannis

Monetary ease takes the edge off the panic

“A coordinated easing move by the world’s major central banks was well received by most markets today. Lower interest rates can’t solve all problems, however, and they won’t fix the fundamental problem of bloated Eurozone government spending, but they can take the edge off the panic by backstopping the financial markets.”

Posted in Macroeconomics | 2 Comments