Now is as good as time as any to explain the difference between unaudited and audited personal financial statements that get submitted to a bank, how a banker looks at personal financial statements, and what crosses the line between normal and criminal. Personal Financial Statements A personal financial statement that an individual submits to a… Continue reading Submitting Financial Statements to a Bank: an Explainer
Dean Foods: a Retrospective
Take a look at the rise and fall of Dean Foods and how an investor or trader can use various tools to stay on the right side of the trends.
CVS: Turnaround or Value Trap?
I'm sure I'm not the only one that has watched CVS's stock price get chopped in half after peaking in 2014 at $112 a share. On an annualized basis that loss is 15.3 percent. All while the US market kept powering higher. Unfortunately for CVS, it has been at the nexus of two trends that… Continue reading CVS: Turnaround or Value Trap?
China Ding Yi Feng Holdings Ltd.
Quick: name a publicly traded stock that has gone up 8,500+ percent over the past 5 years. Do you immediately start thinking of Silicon Valley unicorns and IPOs that have occurred sometime since 2014? I know that's the first thing I did. It turns out that China Ding Yi Feng Holdings Ltd., which is an investment… Continue reading China Ding Yi Feng Holdings Ltd.
New Age Beverages Corp (NBEV)
New Age Beverages Corp (NBEV) is a distributor of ready-to-drink teas, coffees, coconut waters, and energy drinks. Brand names under their current umbrella include: XingTea XingEnergy Coco-Libre Aspen Pure I'll forgive you if you haven't heard of any of them. NBEV assembled this motley collection by acquiring other struggling beverage companies. Why were they struggling?… Continue reading New Age Beverages Corp (NBEV)
Tesla: hope is not a strategy
I am a long-time fan of Tesla. I am a long-time fan of Elon Musk's vision and what he has already accomplished. I love their cars (not their SUV), I love their solar roofs, and I love their home energy storage solution. I am always rooting for Musk to succeed in his vision of a… Continue reading Tesla: hope is not a strategy
Slow Reactions: 10Q Risk Factor Changes
Why you shouldn't skim over the risk factors section in a 10K, what the changes can portend, and an example of how it can play out.
It’s not Active vs Passive
You're not as smart as you think you are. Why active investing has a role but it's a lot smaller than you think.
ZIV ETF: how to short volatility
The easiest and safest way to short volatility is to pair it with an asset that benefits from a flight to safety and then trade around the ZIV ETF core position.
GFC: 10 Years Later & Still an Opportunity
The Great Financial Crisis turned out to be the greatest buying opportunity in a generation. While most of the opportunities are long gone, due to regulations that boosted Tier 1 capital ratios there are still two attractive investment opportunities out there.
