Pricing power has always been an important concept in valuing companies and something we take very seriously. It is a good measure of a company’s brand value and a strong measure of its “value” to the consumers of its product or service. One of the reasons we have de-emphasized the ownership of commodity-based companies is … Continue reading Why we are excited to still own Disney
Facebook is in the crosshairs of governments for all kinds of reasons, but maybe governments should accept that Facebook is their friend and start making money like Facebook does. Facebook continues to capitalize on its magical hold on our lives. Why? Because they enable us to focus on something that captures our attention when we … Continue reading Facebook’s move into Gambling
Mid-Summer Update: Ownership vs Playing Musical Chairs If one were to ask an investment strategist from a bank which way the market will be headed in the next year, they could reasonably expect to hear “higher”. That has always been the case. Wall Street’s modus operandi is to sell optimism; it’s hard to sell investments … Continue reading Mid-Summer Update: Ownership vs Playing Musical Chairs
July Update: Cleansing the Temple There really isn’t a lot to say about what’s going on in the stock market that you likely haven’t recently heard. Not much has changed, with investors at somewhat of a standoff. Given the positive tilt to attitudes as expressed by mostly fulsome valuations, the betting is mostly of the … Continue reading Cleansing of the Temple
Month End Update - May 2021 All the companies that you own have now reported earnings for the quarter ended March, 2021. These companies continue to navigate well the various challenges that have beset the world since the outbreak of the Coronavirus early last year. It is a testament to the strength and creativity of … Continue reading Cheque Kiting
Uncommon Sense 