Tuesday, February 11, 2025
In 2016, renowned value investor Monish Pabrai developed a simple concept called “Uber Cannibals.” He suggested that buying a five-stock portfolio of companies that were buying back large amounts of their own stock, that were cheap based on undefined valuation multiples, and that fit his definition of quality, would outperform the market.I have discussed many […]
Many don’t follow this one asset… But there’s decades of proof to show that where this one asset goes… things like stocks, bonds, and others tend to follow. You can pull up a chart of this asset yourself right on your phone or computer. The asset is contained in just 3 ticker symbols. But, in […]
Finding winners in the pharmaceutical sector is not an easy process. But it is potentially quite lucrative. For the pharmaceutical companies themselves, the current environment for success is reminiscent of the Greek myth surrounding Sisyphus, whom the gods condemned to repeatedly roll a boulder up a hill—only to have it roll down again once he […]
A few weeks ago, Federal Reserve Chairman Jerome Powell threw the stock markets under the bus with his comments about making stopping inflation the Fed’s top priority. If the central bank follows through, the result will have interest rates moving higher and staying higher for longer than stock market investors were expecting. That sent stocks […]
It’s not often that you see a large options block trade open up with only a day until expiration. Yet, that is what occurred last week in Invesco QQQ Trust (QQQ), the extremely popular Nasdaq 100 ETF. The trade appears to be a one-day covered call that generated over $5 million in premiums collected from […]
On a slow day for options trading, Globalstar (GSAT) traded over 200,000 contracts, or 31x its normal volume. The satellite communications company experienced volatile trade as investors awaited news of a deal with Apple (AAPL). GSAT will be providing satellite communication capabilities with some new AAPL products. At least one of the largest GSAT block […]
I enjoy reading and listening to the advice and opinions presented in financial news outlets. The discussions mainly focus on hot stocks for short-term gains. The ideas are interesting but rarely apply to investors who want to build long-term wealth. Last week, however, a Wall Street Journal article acknowledged the power of investing for dividends. […]
What is a Self-directed IRA? A self-directed IRA is a type of individual retirement account designed to allow investors to diversify their retirement nest egg beyond traditional investments like stocks, bonds, ETFs and other high-risk alternatives. This individual retirement account is legally structured to work just like a Roth IRA and so, a self-directed IRA […]
Like everybody else, I love dividends. Always have and always will. I am also a big fan of stock buybacks. I get a kick out of the endless debate about stock buybacks. They are neither good nor bad in and of themselves. Stock buybacks are fantastic at low valuations with funds generated by the business. […]
Coming off the strong market rally starting in June through early August… Many ‘traders’ hoped this was the end of the bear market. After all, many stocks like Nvidia, are down 55% YTD. “Isn’t that enough red for a bear market?”, they’d ask. Well, I’m going to unpack my thoughts on where the S&P 500 […]
