Some of you had asked me to explain how I research stocks – specifically, where I look for investment ideas, which data sets I use, and how I find potential holdings for the portfolios I manage for my household and businesses.
DetailsThe Japanese have a concept known as Arigata-meiwaku. The rough translation is “Unwelcome Kindness” or “Misplaced Kindness”. Arigata-meiwaku is used to describe a situation in which someone does something for you that you didn’t want them to do, and you tried to avoid it. Nevertheless, the person went through with the plan, determined to help you or…
DetailsI’ve done case studies in the past of slower growing, highly profitable businesses such as Clorox, Nestlé, Coca-Cola, Procter & Gamble, and Colgate-Palmolive among them. We’ve also discussed case studies of some initial public offerings, such as an investment in Tiffany & Company twenty-five years ago. I thought it might be interesting to look at another…
DetailsIf you bought $100,000 worth of Nestlé common stock on the first day of trading in 1991, you would, as of October 7th, 2012, own 14,306 shares. At 60.40 CHF per share, this is a market value of 864,082.40 CHF. Translated back into United States dollars, that is $929,718. On top of the $929,718 in stock you own, you would have collected years of cash dividends. How much? Let’s take a look at the whole picture.
DetailsOne of the additions I have been considering adding to the KRIP is The Clorox Company. However, it appears somewhat overvalued right now, offering a lower earnings yield and slower sales growth compared to the S&P 500 if you view the index itself as a single stock, which doesn’t bode well on a relative basis. That…
DetailsIt is a fairly regular occurrence for me to get messages from individuals who advocate a portfolio consisting entirely, or almost entirely, of gold, held for the long-term. They usually follow the same pattern, are from the same demographic, and come through the contact form. This morning, there was a comment left about gold and I decided…
DetailsI had a hard time waking up this morning so I stayed behind in the room to drink some coffee, take a shower, and study a company I’ve been researching lately. I met everyone over at the Animal Kingdom theme park for our lunch reservations at Yak and Yeti. What has been on my mind…
DetailsAfter the Guerlain fragrance purchases earlier, I ended up buying several new bottles of Acqua di Parma, including the Colonia, Colonia Intensa, and Blu Mediterraneo Bergamotto di Calabria in the Italy Pavilion of Epcot at Walt Disney World. Again, I realized that most of the people who were in the store with me probably didn’t know the story of the high-end brand, or the business behind it that provides a great example of how a left-for-dead business can be revitalized to become relevant, fresh, and lucrative.
DetailsAfter visiting the Guerlain boutique, we headed to Les Chefs de France in the French Pavilion at Epcot. You foodies who frequent the park already knew about it. Last year, we didn’t have a chance to try it so it was scheduled for this year’s trip to Walt Disney World.
DetailsIf Creed is the king of French perfume houses, Geurlain is the Queen. It is one of the oldest perfume companies in the world, and for 166 years between 1828 and 1994, the business was in the hands of the Guerlain family. In Walt Disney World’s Epcot French pavilion, I visited the Guerlain store, which…
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