April 22, 2025
I had a surprisingly bad experience at a certain investing website that accepts user submissions and I thought I would speak of it. Last week I spoke highly of BorgWarner and thought a wider audience might benefit from my views, so I submitted my last post to them. I proposed that the equity was worth […]
April 10, 2025
My faithful readers will recall that I thought Garrett Motion, maker of turbochargers and related auto parts, was an attractive investment, and indeed it was until the tariff monster was awakened. And while I was looking at it, I compared it to BorgWarner, another company in the auto parts sector, which had comparable R & […]
February 26, 2025
Insnurance companies According to some guy from Columbia… In my final article on this series of whether companies in certain sectors can be bought based on price to book ratio, I examine insurance companies. Recall that my original thesis is that, according to some well known financier whose name I forget, banks have assets that […]
February 17, 2025
As a followup to my previous article where we discovered that at least in 2024 the naive strategy of buying banks based solely on price to book ratio did not perform as advertised. However, the Value Line from which I drew my sample also treats Midwestern banks as a separate category of bank, for reasons […]
February 6, 2025
A wise financier whose name escapes me once wrote that the trouble with banks is that they have assets that are impossible to value, and the trouble with insurance companies is that they have assets and liabilities that are impossible to value. Given the current situation with insurance companies and natural disasters, this is a […]
September 12, 2024
BlueLinx is a construction supplier with massive cash reserves and it offers attractive prospects despite the weak housing construction market
September 4, 2024
Garrett Motion Inc. is a maker of turbochargers, compressors, and related technologies that offers an earnings yield of upwards of 13% that looks sustainable for the foreseeable future.
August 28, 2024
Ingevity: Restructuring of input supply dependencies may be effective, but too early to tell, so the stock is speculative.
May 14, 2024
Clearwater is a paper company offering a high free cash flow yield.
April 29, 2024
DXC Technology Company is a provider of IT outsourcing services to other corporations, and it has been going through a rough patch over the last few years as shown by a dramatically declining share price. Investors have been holding out for a turnaround from the introduction of new management over this period, and perhaps at […]