Josh and Aaron Grilling Chicken and Vegetables at Night

Night Grilling and 11,869 Words of New Content at About.com on Trust Funds, Teaching Kids About Money, and Investing Wisely

It’s evening here and we are having dinner a bit late.  Aaron grilled skinless bone-in chicken along with fresh onions and Anaheim peppers (the latter of which my father-in-law grew in his garden, kindly supplying us with a cache that will take us quite awhile to get through) after he came back from a run while I’m working…

Joshua and Aaron Colgate-Palmolive Toothpaste

Colgate-Palmolive: A Real World Examination of the Limitations of the P/E Ratio

Back in 2011, I did a 20-year case study of Colgate-Palmolive. Global events have conspired in such a way that it can now serve as a perfect illustration of a valuation conundrum: While not cheap, Colgate-Palmolive is significantly cheaper for a long-term owner than the price-to-earnings ratio alone would have you believe. In fact, despite having what appears to be a 26.54 p/e ratio, it’s slightly undervalued to its private market value could you get your hands on the entire empire. It’s a rare thing to be able to talk about a gem like this under conditions such as these so I’m not going to let the opportunity pass. Dust off your powdered wigs, take out your walking cane, and travel back with me to post-Revolutionary America.

Kimble v Marvel Enterprises Supreme Court Decision

Kimble v. Marvel Enterprises: Supreme Court Clarifies Intellectual Property Contracts in Spider Man Dispute

If you weren’t careful in drafting that patent royalty or licensing agreement, the Supreme Court just confirmed the intrinsic value of your cash flow stream is a lot smaller than you thought following its refusal to overturn an older decision from the 1960’s. That is particularly important for this community because intellectual property is a major source of passive…