I have been collecting properties of good business, which will help you distinguish between a good investment or not. Without a further ado, here is the list. Good Business Model Easy to Understand Popular Product Loyal Customers Strong Brand Barrier to Entry Low Production cost Pricing Power Requires less Capital to Grow Untapped Pricing Power […]
AT&T, a dividend aristocrat, is being part of our portfolio on and off for a long time. We have gained a good chunk of dividends as well as capital gain from owning this company. Lately, it has been a drag. Partly due to pandemic, which has dented its media business. In the post split environment, […]
May 31, 2021 issue of Bloomberg Businessweek had an article about Cathie Wood, who is the manager of the Ark Innovation ETF fund, with an incredible 150% gain in 2020. The article is very interesting to say the least. There are a lot of things that are outright dicey for any value oriented investors. However, […]
Stock investing can go three ways i.e. up, down or sideways. Theoretically, it is possible a stock could not move up or down in an open session, but it rarely happens. So, we will stick with just two options. Investors buy stocks with an anticipation of making profit. Obviously, every investors, except the ones that […]
“I don’t know which is worse.” Charlie Munger said when asked about bitcoin’s price and Tesla’s market cap. I truly believe that someday a bitcoin will sell for a Million dollar or more. Why not? And, yes, I am not talking about Zimbabwean dollar. I mean a Million US Dollar. Allow me to explain it […]
Our holding was up 41.3% verses S&P 500, which was up 18.4% in the Calendar year 2020. Albeit, there is no reason to celebrate because we are still trailing market in the long term. See below for the detail. We do not want you to come to an early conclusion by this yearly, short-term performance. […]
Our favorite holding period is forever. – Warren Buffett – Our average holding period has come down to a Year and eight months because of our recent purchases. Prior to that, our average holding period is four years. Four years seems like a long time, but in investing it is a short time. Here is […]
The day will come when the man at the telephone will be able to see the distant person to whom he is speaking.– Alexander Graham Bell – During the COVID-19 pandemic, if you have noticed AT&T stock because of its falling price and whopping 8% dividend yield, you are not the first one. We have […]
“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.”― Albert Einstein Benjamin Graham had spent his life establishing his basic criterion for buying and selling stocks. In a nutshell, his rules for selling stocks are: 1. Sell after your stock has gone up 50 percent; or 2. Sell […]