Quality Investing Outside the Blue Chips: Hello and happy holidays! I hope you have enjoyed a little rest and merriment this month. As the year winds down, I thought I would share a few final thoughts that have been percolating in my brain this season. If I were to organize a popularity contest amongst all the various investing styles, “quality investing” would be the runaway winner. It’s easy to understand why. Who doesn’t want to own companies with predictable and growing revenue, strong margi
Dec. 26, 2023, 8:42 p.m.
Here Are Some Cheap Stocks (I Think!): This blog has been a little heavy on market observations and light on actual stock ideas lately, so this is my attempt to correct that. Here are three stocks I think are cheap. I very much own each these on behalf of clients and could buy or sell shares at any time. This is
Nov. 22, 2023, 8:33 p.m.
On Thrift Conversions, OTC Company Drama, and Seeking Info: Seeing small-caps grind downward day after day is a bummer, so here I am, engaging in a little escapism. Rather than self-flagellate over my latest holding to report decent numbers and promptly trade down 11%, I thought it would be more productive to organize my thoughts on market happenings and as always, the quirks of the micro-cap and OTC markets.
Nov. 13, 2023, 9:02 p.m.
A Value Trap, an Ancient Stock Pitch, a Glimpse Into The Past: Anyone else out there not having very much fun these last couple of months? It feels like the bid for anything small/off-the-run has totally vanished since July. Micro-caps are down 7% year-to-date and are 35% off their June 2021 highs. It’s grim. But what do we do when the market is doing us no favors? We redouble our efforts! There is no shortage of value out there. No shortage of value, but also no shortage of value traps. One of
Sept. 27, 2023, 6:30 p.m.
