In a rare interview, stock market pioneer Bill O'Neil shared his views on what drives market growth leaders and the enduring principles of his CAN SLIM investment strategy. O'Neil founded Investor's Business Daily and developed a methodology for identifying stocks with strong fundamentals and technicals that indicate institutional buying. He emphasizes buying leading stocks as they break out to new highs, rather than seeking bargains, and following the specific rules of his system. While the market has changed with new technologies, O'Neil believes the underlying forces of supply and demand have not changed. The American system continues to foster innovation that creates new market leaders.
Ashford Capital Management Small Cap Criteria White PaperCliff Short III
This “Small Cap Effect” has been analyzed, deliberated, and dissected for decades, and subsequent studies have proven that, with some caveats, the out performance of small capitalization stocks on both a risk-adjusted and absolute basis is real.
White paper ashford capital - capturing the small cap effect (2)Cliff Short III
The document discusses small cap outperformance and Ashford Capital Management's approach to capturing the small cap effect through investing in quality "criteria companies". It outlines that small caps have historically outperformed on a risk-adjusted basis. However, stocks must meet criteria like strong balance sheets, earnings, and business models. Ashford focuses on bottom-up research to identify undiscovered companies meeting its criteria that can be held for long periods. This approach has allowed it to successfully capture the small cap premium over its decades of experience.
White Paper - Ashford Capital - Capturing the Small Cap EffectKristy Nichols
The document discusses small cap outperformance and Ashford Capital Management's approach to capturing the small cap effect through investing in "criteria companies". It describes how Ashford focuses on small companies with strong fundamentals like balance sheets, earnings, and business models. One example is given of a biopharmaceutical company Ashford invested in that was later acquired at a significant premium. The summary emphasizes Ashford's research-intensive process of evaluating management teams and identifying small cap growth opportunities before they are discovered by other investors.
Workshop 2: Tipping Point Analysis Preview ("From the Fund Management Jungle:...Koon Boon KEE
1) The document discusses the concept of "catalysts" and "tipping points" in investing, and argues that waiting for catalysts can be risky as many purported catalysts are actually false signals created by insiders to manipulate stock prices.
2) It provides examples of how serious institutional investors like Norway's sovereign wealth fund analyze business model dynamics and tipping points, rather than focusing on short-term catalysts.
3) The document uses examples from index inclusions and deletions to illustrate how catalysts may not always reflect underlying business fundamentals and prospects. Understanding intra-industry effects is also important.
Funding in israel what do local ecosystem investors are looking formyshivuk
A presentation I gave as part of abrt fund (Russia) Garage day in Hertzelia. The audience was mostly startups entrepreneurs that were preparing for their first round.
Professor Michael E. Porter discusses competitive strategy in the real estate development industry. He argues that the industry has undergone fundamental structural changes that have made it less attractive and profitable than in the past. Increased competition from new entrants, more sophisticated tenants and financial buyers, and increased bargaining power among suppliers have reduced industry profitability on average. However, the industry remains large and fragmented, leaving opportunities for above-average performance. To achieve this, companies must develop a competitive advantage through either lower costs or differentiation, and choose a clear scope within the industry. Simply being opportunistic will no longer lead to success in this changed competitive landscape.
The Miasmic Asian Capital Jungle and the Tranquil Bamboo Innovator GroveKoon Boon KEE
This document summarizes a weekly column exploring investment opportunities in Asia by identifying resilient companies ("Bamboo Innovators") that can compound value over the long run. It profiles the Indonesian pharmaceutical company Kalbe Farma, which survived the 1997 Asian Financial Crisis. The column discusses Kalbe Farma's business model and transformation under its CEO Dr. Boenjamin Setiawan. While highlighting the limitations of only analyzing numbers, it aims to present companies as case studies to enhance understanding of sustainable business models. The document announces the upcoming launch of "The Moat Report Asia", a monthly report that will provide in-depth analysis of undervalued Asian companies with strong moats.
Workshop 1: Wide Moat Analysis: In Search of Compounding Stocks in Uncertain ...Koon Boon KEE
This document contains a series of workshops and presentations on value investing and detecting accounting fraud. It discusses identifying "moat" companies that can withstand crises, and avoiding "pump and dump" schemes carried out by insider traders called "Zhuang Jia." It recommends investing only in areas you have strong expertise and knowledge, using examples like buses or potato chips. Focusing on resilient businesses like Yutong Bus that performed well long-term compared to indexes and other investments. The overall message is on developing independent critical thinking to identify quality businesses rather than falling for get-rich-quick strategies.
Ashford Capital Management Small Cap Criteria White PaperCliff Short III
This “Small Cap Effect” has been analyzed, deliberated, and dissected for decades, and subsequent studies have proven that, with some caveats, the out performance of small capitalization stocks on both a risk-adjusted and absolute basis is real.
White paper ashford capital - capturing the small cap effect (2)Cliff Short III
The document discusses small cap outperformance and Ashford Capital Management's approach to capturing the small cap effect through investing in quality "criteria companies". It outlines that small caps have historically outperformed on a risk-adjusted basis. However, stocks must meet criteria like strong balance sheets, earnings, and business models. Ashford focuses on bottom-up research to identify undiscovered companies meeting its criteria that can be held for long periods. This approach has allowed it to successfully capture the small cap premium over its decades of experience.
White Paper - Ashford Capital - Capturing the Small Cap EffectKristy Nichols
The document discusses small cap outperformance and Ashford Capital Management's approach to capturing the small cap effect through investing in "criteria companies". It describes how Ashford focuses on small companies with strong fundamentals like balance sheets, earnings, and business models. One example is given of a biopharmaceutical company Ashford invested in that was later acquired at a significant premium. The summary emphasizes Ashford's research-intensive process of evaluating management teams and identifying small cap growth opportunities before they are discovered by other investors.
Workshop 2: Tipping Point Analysis Preview ("From the Fund Management Jungle:...Koon Boon KEE
1) The document discusses the concept of "catalysts" and "tipping points" in investing, and argues that waiting for catalysts can be risky as many purported catalysts are actually false signals created by insiders to manipulate stock prices.
2) It provides examples of how serious institutional investors like Norway's sovereign wealth fund analyze business model dynamics and tipping points, rather than focusing on short-term catalysts.
3) The document uses examples from index inclusions and deletions to illustrate how catalysts may not always reflect underlying business fundamentals and prospects. Understanding intra-industry effects is also important.
Funding in israel what do local ecosystem investors are looking formyshivuk
A presentation I gave as part of abrt fund (Russia) Garage day in Hertzelia. The audience was mostly startups entrepreneurs that were preparing for their first round.
Professor Michael E. Porter discusses competitive strategy in the real estate development industry. He argues that the industry has undergone fundamental structural changes that have made it less attractive and profitable than in the past. Increased competition from new entrants, more sophisticated tenants and financial buyers, and increased bargaining power among suppliers have reduced industry profitability on average. However, the industry remains large and fragmented, leaving opportunities for above-average performance. To achieve this, companies must develop a competitive advantage through either lower costs or differentiation, and choose a clear scope within the industry. Simply being opportunistic will no longer lead to success in this changed competitive landscape.
The Miasmic Asian Capital Jungle and the Tranquil Bamboo Innovator GroveKoon Boon KEE
This document summarizes a weekly column exploring investment opportunities in Asia by identifying resilient companies ("Bamboo Innovators") that can compound value over the long run. It profiles the Indonesian pharmaceutical company Kalbe Farma, which survived the 1997 Asian Financial Crisis. The column discusses Kalbe Farma's business model and transformation under its CEO Dr. Boenjamin Setiawan. While highlighting the limitations of only analyzing numbers, it aims to present companies as case studies to enhance understanding of sustainable business models. The document announces the upcoming launch of "The Moat Report Asia", a monthly report that will provide in-depth analysis of undervalued Asian companies with strong moats.
Workshop 1: Wide Moat Analysis: In Search of Compounding Stocks in Uncertain ...Koon Boon KEE
This document contains a series of workshops and presentations on value investing and detecting accounting fraud. It discusses identifying "moat" companies that can withstand crises, and avoiding "pump and dump" schemes carried out by insider traders called "Zhuang Jia." It recommends investing only in areas you have strong expertise and knowledge, using examples like buses or potato chips. Focusing on resilient businesses like Yutong Bus that performed well long-term compared to indexes and other investments. The overall message is on developing independent critical thinking to identify quality businesses rather than falling for get-rich-quick strategies.
Brian Hogan is president of Fidelity Investments' equity division, overseeing $850 billion in assets. He discusses Fidelity's outlook for 2014, seeing earnings growth of around 7-8% resulting in around a 10% return for the S&P 500 before factoring in changes to its price/earnings multiple. Hogan believes active managers will have an advantage in the next 3-4 years as correlations between stocks decrease, making it more of a "stock picker's market." He cites several standout Fidelity portfolio managers who have outperformed benchmarks by wide margins for decades.
Olanda Seafood Trading Inc., Somos una empresa dedicada a la comercialización mayorista de productos del mar originarios de diferentes partes del mundo, manteniendo frescura y calidad de nuestros productos desde la compra e importación hasta la entrega en su negocio.
Este documento trata sobre la nutrición en los adolescentes. Explica que la alimentación de los adolescentes debe favorecer el crecimiento y desarrollo, y promover hábitos de vida saludables. Señala que México tiene altos niveles de obesidad y que este documento está dirigido principalmente a los adolescentes. También describe los minerales, vitaminas y tipos de alimentos importantes para una dieta equilibrada durante la adolescencia.
This document provides information about tours of North Korea from August 12-21, 2017 and South Korea from August 22-27, 2017 led by tour guide Bill Altaffer. The North Korea tour includes visits to Pyongyang and other locations, with hotel accommodations and meals included. The South Korea tour includes visits to Seoul and other sites. Contact information and registration details are provided. Cancellation policies, visa requirements, baggage allowances and other tour policies are outlined.
This document discusses the design of a flare system to handle higher loads through steady state simulation. It provides an introduction to flaring, describing the types of flares, their components, and functions. The main components of a typical refinery flare system are outlined, including the main flare that collects and combusts relief valve discharges from various units like the Crude Distillation Unit. The document also examines relief valves, their sizing, types, and potential overpressure scenarios. It presents the methodology used for sizing the flare system and calculating the required capacities of individual pressure safety valves to handle higher loads.
Olanda Seafood Trading Inc. es una empresa mayorista de productos del mar que ofrece una variedad de pescados y mariscos seleccionados de proveedores alrededor del mundo para restauranteros de alta cocina. La empresa se enorgullece de su experiencia en la selección y envío de productos frescos a sus clientes, que incluyen reconocidos restaurantes en México. Olanda Seafood busca ser un aliado comercial confiable para sus clientes.
Este ensayo trata sobre la importancia de la nutrición en los adolescentes. Explica que durante la adolescencia aumentan mucho las necesidades nutricionales debido a los cambios físicos. Recomienda una dieta equilibrada que incluya leche, carnes, huevos, frutas y verduras para satisfacer las necesidades de calcio, hierro y zinc. Concluye enfatizando la importancia de comer de forma saludable y balanceada durante la adolescencia.
This document provides information about introducing oneself and talking about personal details in English. It includes expressions for mentioning your name, occupation, place of origin, address, family, hobbies, and phone number. It also covers pronouns and verb tenses like simple present used for talking about oneself. Key points covered include common ways to introduce yourself in English, structures for mentioning your job, family, interests, and contact details.
This document provides information about various departments at Byco Petroleum Pakistan Limited, an oil refinery company. It begins with an introduction to the company and overview of its operations. It then describes several key departments in detail - Environment Health and Safety department, Laboratory, and Operations department. For the Operations department, it outlines the various units and processes involved in oil refining like fractionation, reforming, LPG separation, and distributed control system. It provides details on equipment used like boilers, heat exchangers, cooling towers, and furnaces. Safety practices, permits, and personal protective equipment are also discussed for the EHS department.
This document provides information about Sui Southern Gas Company (SSGC) in Pakistan. It discusses SSGC's pipeline network, departments responsible for measurement, corrosion prevention and power sources. It also summarizes gas pipeline instrumentation like valves, scrubbers and meters used to measure natural gas flow. Key points covered include SSGC's transmission system spanning over 3,220 km, carrying an average of 388,828 million cubic feet of gas daily to over 2.5 million consumers. Departments discussed ensure reliable gas supply through monitoring equipment and corrosion prevention.
The document discusses various topics related to global financial crises and stock markets including:
- Types of downturns that can occur in markets like subprime, midprime, and upperprime meltdowns
- Causes of the recent global economic downturn being linked to the American housing market crisis
- Barack Obama's potential impact on stock markets as the newly elected US President
- Strategies for investors during bull and bear markets such as buying early in bull markets and securing assets in bonds/money markets during bear markets
Seminar 3 finding and researching investment ideaspvalantagul
The document provides guidance on finding and researching investment ideas. It discusses looking for ideas from everyday life, various sectors and industries, as well as large and small companies. It also recommends sources for investment ideas such as blogs, 13-F filings, Value Line, Value Investors Club, and Guru Focus. Further research on any potential investment ideas is strongly encouraged to properly evaluate companies.
A Buyside View of Investor Relations - IR Update November-December 2018Lisa Ciota
At the NIRI Chicago investor relations
workshop, Perry Boyle of Point72 Asset
Management delivers insights on the capital
markets and offers advice to IROs.
Matthew Gaude • FSC Securities
- Gaining the peer-to-peer advantage: The 2015 NAAIM annual conference highlighted the importance of collaboration by Linda Ferentchak
- Debate over valuations heats up
- Fundamentalists vs. technical analysts by Martha Stokes, CMT
- Marketing the unrealized potential of 403(b) plans (Ryan Finnell, Retirement Tax Advisory Group)
The document discusses declining commodity prices and what they may indicate for the economy and stock market. It provides examples from 2008-2009, 2010, and 2011 where declines in commodity prices preceded economic slowdowns and stock market declines. While lower commodity prices are generally seen as positive for consumers and businesses, history shows that sustained declines actually indicate falling demand that will hurt the economy and stock market. The document argues that technical analysis of markets can provide valuable insights into trends, even if it is less commonly discussed than fundamental analysis.
The document proposes a new method called Market Behavior Analysis (MBA) for identifying trends and stages of trends in financial markets. The MBA models fuse technical analysis and behavioral analysis by developing a proprietary indicator. The indicator breaks markets into 5 stages: Long, Richly Priced, Correction, Short, and Deeply Sold. Charts are presented showing the MBA indicator can successfully identify trends and stages across different asset classes over various time periods. The indicator aims to help investors identify opportunities for long term appreciation as well as know when to exit positions that may be entering correction or decline stages.
This memo discusses how securities markets seem to be moving toward reducing the role of people through three trends: 1) index/passive investing and ETFs, 2) quantitative/algorithmic investing, and 3) artificial intelligence and machine learning. It provides background on the rise of index funds and passive investing since the 1960s. While passive investing avoids costs and errors, it also means no one is analyzing companies or prices. The memo questions what will happen to active investing and stock prices as passive investing continues to grow. It argues that active investors currently set stock prices, and passive investors benefit, but prices may diverge more from value as passive investing increases.
- The document provides an overview of stock market basics, including definitions of stocks, bonds, mutual funds and other key terms.
- It explains why companies issue stock, how stock prices are determined through supply and demand, and how buying individual stocks differs from mutual funds.
- Some of the risks and rewards of the stock market are discussed, along with the concept that stocks generally provide higher returns than inflation over the long run though returns may vary yearly.
I am Frank P. I am a Microeconomics Assignment Expert at economicshomeworkhelper.com. I hold a Master's in Economics, from Malacca, Malaysia. I have been helping students with their assignment for the past 8 years. I solve assignment related to Microeconomics.
Visit economicshomeworkhelper.com or email info@economicshomeworkhelper.com.
You can also call on +1 678 648 4277 for any assistance with Microeconomics Assignment.
Brian Hogan is president of Fidelity Investments' equity division, overseeing $850 billion in assets. He discusses Fidelity's outlook for 2014, seeing earnings growth of around 7-8% resulting in around a 10% return for the S&P 500 before factoring in changes to its price/earnings multiple. Hogan believes active managers will have an advantage in the next 3-4 years as correlations between stocks decrease, making it more of a "stock picker's market." He cites several standout Fidelity portfolio managers who have outperformed benchmarks by wide margins for decades.
Olanda Seafood Trading Inc., Somos una empresa dedicada a la comercialización mayorista de productos del mar originarios de diferentes partes del mundo, manteniendo frescura y calidad de nuestros productos desde la compra e importación hasta la entrega en su negocio.
Este documento trata sobre la nutrición en los adolescentes. Explica que la alimentación de los adolescentes debe favorecer el crecimiento y desarrollo, y promover hábitos de vida saludables. Señala que México tiene altos niveles de obesidad y que este documento está dirigido principalmente a los adolescentes. También describe los minerales, vitaminas y tipos de alimentos importantes para una dieta equilibrada durante la adolescencia.
This document provides information about tours of North Korea from August 12-21, 2017 and South Korea from August 22-27, 2017 led by tour guide Bill Altaffer. The North Korea tour includes visits to Pyongyang and other locations, with hotel accommodations and meals included. The South Korea tour includes visits to Seoul and other sites. Contact information and registration details are provided. Cancellation policies, visa requirements, baggage allowances and other tour policies are outlined.
This document discusses the design of a flare system to handle higher loads through steady state simulation. It provides an introduction to flaring, describing the types of flares, their components, and functions. The main components of a typical refinery flare system are outlined, including the main flare that collects and combusts relief valve discharges from various units like the Crude Distillation Unit. The document also examines relief valves, their sizing, types, and potential overpressure scenarios. It presents the methodology used for sizing the flare system and calculating the required capacities of individual pressure safety valves to handle higher loads.
Olanda Seafood Trading Inc. es una empresa mayorista de productos del mar que ofrece una variedad de pescados y mariscos seleccionados de proveedores alrededor del mundo para restauranteros de alta cocina. La empresa se enorgullece de su experiencia en la selección y envío de productos frescos a sus clientes, que incluyen reconocidos restaurantes en México. Olanda Seafood busca ser un aliado comercial confiable para sus clientes.
Este ensayo trata sobre la importancia de la nutrición en los adolescentes. Explica que durante la adolescencia aumentan mucho las necesidades nutricionales debido a los cambios físicos. Recomienda una dieta equilibrada que incluya leche, carnes, huevos, frutas y verduras para satisfacer las necesidades de calcio, hierro y zinc. Concluye enfatizando la importancia de comer de forma saludable y balanceada durante la adolescencia.
This document provides information about introducing oneself and talking about personal details in English. It includes expressions for mentioning your name, occupation, place of origin, address, family, hobbies, and phone number. It also covers pronouns and verb tenses like simple present used for talking about oneself. Key points covered include common ways to introduce yourself in English, structures for mentioning your job, family, interests, and contact details.
This document provides information about various departments at Byco Petroleum Pakistan Limited, an oil refinery company. It begins with an introduction to the company and overview of its operations. It then describes several key departments in detail - Environment Health and Safety department, Laboratory, and Operations department. For the Operations department, it outlines the various units and processes involved in oil refining like fractionation, reforming, LPG separation, and distributed control system. It provides details on equipment used like boilers, heat exchangers, cooling towers, and furnaces. Safety practices, permits, and personal protective equipment are also discussed for the EHS department.
This document provides information about Sui Southern Gas Company (SSGC) in Pakistan. It discusses SSGC's pipeline network, departments responsible for measurement, corrosion prevention and power sources. It also summarizes gas pipeline instrumentation like valves, scrubbers and meters used to measure natural gas flow. Key points covered include SSGC's transmission system spanning over 3,220 km, carrying an average of 388,828 million cubic feet of gas daily to over 2.5 million consumers. Departments discussed ensure reliable gas supply through monitoring equipment and corrosion prevention.
The document discusses various topics related to global financial crises and stock markets including:
- Types of downturns that can occur in markets like subprime, midprime, and upperprime meltdowns
- Causes of the recent global economic downturn being linked to the American housing market crisis
- Barack Obama's potential impact on stock markets as the newly elected US President
- Strategies for investors during bull and bear markets such as buying early in bull markets and securing assets in bonds/money markets during bear markets
Seminar 3 finding and researching investment ideaspvalantagul
The document provides guidance on finding and researching investment ideas. It discusses looking for ideas from everyday life, various sectors and industries, as well as large and small companies. It also recommends sources for investment ideas such as blogs, 13-F filings, Value Line, Value Investors Club, and Guru Focus. Further research on any potential investment ideas is strongly encouraged to properly evaluate companies.
A Buyside View of Investor Relations - IR Update November-December 2018Lisa Ciota
At the NIRI Chicago investor relations
workshop, Perry Boyle of Point72 Asset
Management delivers insights on the capital
markets and offers advice to IROs.
Matthew Gaude • FSC Securities
- Gaining the peer-to-peer advantage: The 2015 NAAIM annual conference highlighted the importance of collaboration by Linda Ferentchak
- Debate over valuations heats up
- Fundamentalists vs. technical analysts by Martha Stokes, CMT
- Marketing the unrealized potential of 403(b) plans (Ryan Finnell, Retirement Tax Advisory Group)
The document discusses declining commodity prices and what they may indicate for the economy and stock market. It provides examples from 2008-2009, 2010, and 2011 where declines in commodity prices preceded economic slowdowns and stock market declines. While lower commodity prices are generally seen as positive for consumers and businesses, history shows that sustained declines actually indicate falling demand that will hurt the economy and stock market. The document argues that technical analysis of markets can provide valuable insights into trends, even if it is less commonly discussed than fundamental analysis.
The document proposes a new method called Market Behavior Analysis (MBA) for identifying trends and stages of trends in financial markets. The MBA models fuse technical analysis and behavioral analysis by developing a proprietary indicator. The indicator breaks markets into 5 stages: Long, Richly Priced, Correction, Short, and Deeply Sold. Charts are presented showing the MBA indicator can successfully identify trends and stages across different asset classes over various time periods. The indicator aims to help investors identify opportunities for long term appreciation as well as know when to exit positions that may be entering correction or decline stages.
This memo discusses how securities markets seem to be moving toward reducing the role of people through three trends: 1) index/passive investing and ETFs, 2) quantitative/algorithmic investing, and 3) artificial intelligence and machine learning. It provides background on the rise of index funds and passive investing since the 1960s. While passive investing avoids costs and errors, it also means no one is analyzing companies or prices. The memo questions what will happen to active investing and stock prices as passive investing continues to grow. It argues that active investors currently set stock prices, and passive investors benefit, but prices may diverge more from value as passive investing increases.
- The document provides an overview of stock market basics, including definitions of stocks, bonds, mutual funds and other key terms.
- It explains why companies issue stock, how stock prices are determined through supply and demand, and how buying individual stocks differs from mutual funds.
- Some of the risks and rewards of the stock market are discussed, along with the concept that stocks generally provide higher returns than inflation over the long run though returns may vary yearly.
I am Frank P. I am a Microeconomics Assignment Expert at economicshomeworkhelper.com. I hold a Master's in Economics, from Malacca, Malaysia. I have been helping students with their assignment for the past 8 years. I solve assignment related to Microeconomics.
Visit economicshomeworkhelper.com or email info@economicshomeworkhelper.com.
You can also call on +1 678 648 4277 for any assistance with Microeconomics Assignment.
The document provides an overview of covering financial markets for journalists. It discusses how to summarize stock market activity in 3 sentences or less, focusing on key metrics like largest gains/losses and price comparisons. It also reviews bonds, mutual funds, hedge funds, and other financial concepts, providing questions for self-review.
This tutorial from Chris Roush is a crash course in financial markets. Roush, the director of the Carolina Business News Initiative and an associate professor at the University of North Carolina at Chapel Hill, will teach you:
* How to cover stocks and what to look for as news.
* The importance of bond coverage to business coverage.
* Why commodities and futures coverage is increasing.
I am Fiona Misha. I am a Microeconomics Exam Helper at economicsexamhelp.com. I hold a master' Degree in Economics, in Investment Homework help from the University of Rijeka. I have been helping students with their exams for the past 7 years. You can hire me to take your exam on Microeconomics Exam.
Visit economicsexamhelp.com or email support@economicsexamhelp.com
You can also call on +1 678 648 4277 for any assistance with the Microeconomics Exam.
- The S&P 500 index dropped below a key level of 1,091, signaling the potential start of a new bear market, but a late rally prevented this.
- The rally was prompted by an FT story about plans from EU finance ministers to recapitalize banks, reassuring markets about efforts to help the eurozone.
- This reinforced the idea that macro issues like the sovereign debt crisis, rather than company news, are significantly influencing stock markets and causing major up and down moves based on headlines.
The document discusses the development of a child's understanding of money and their relationship with parents over money in different stages from childhood to adulthood. It explains how children first learn about the value of money and where it comes from, and as they grow older start to understand concepts like budgeting, saving, and the importance of financial responsibility. The relationship with parents plays a crucial role in shaping a child's views and behaviors related to money management from a young age.
Analytical Essays Samples. Writing An Analytical Essay What is an Analytical...Claire Flanagan
Analytical Essay - 6+ Examples, Format, Pdf | Examples. Analytical Essay - What Is an Analytical Essay? Before you begin .... Analytical Essay Writing - Guide, Topics and Examples. How to Prepare a Professional Analytical Essay?. How to Develop an Analytical Essay by Neena Thomas - Issuu. Analytical Essay Writing Tips For College Students - Blog BuyEssayClub.com. Analytical Essay Writing. How To Write A Analytical Essay. Analytical Essay Example Pdf. How to Write an Analytical Essay: 15 Steps (with Pictures).
Your Retirement April May June 2008 NewsletterMartin Demarest
The document provides an overview of retirement planning topics including saving and investing approaches, mutual fund performance, and active vs. passive investing strategies. It discusses findings that most individual investors and mutual fund managers underperform market indexes, and that index funds have lower fees and expenses while often achieving equal or better returns than actively managed funds. The newsletter aims to give straightforward retirement planning advice and promote upcoming workshops on saving and investing for retirement.
So how do you value the share price of stock for a given company? In other words, what is the intrinsic value of a given stock? Generally speaking, a stock is valued based on the company’s current financial state and what the market believes the company’s future financial state will look like. https://carnick.com/
This document discusses how innovation often requires breaking or bending rules, but that it is important to do so with integrity. It provides examples of projects that cited breaking rules as necessary for success. Research evidence is presented showing that out of 20 best practice innovation projects examined, 5 out of 7 projects involved breaking or bending rules. The document argues that while rules may need to be broken for innovation, it is important to do so with integrity and report activities correctly.
Some smart tips to trade well | Learn InvestingUIVConsultants
This document provides an overview of stock investing and discusses various strategies for selecting stocks. It begins by introducing the "Peter Lynch approach" of identifying potential stock investments based on personal experiences with companies whose products or services are highly rated. It notes that a happy customer base should translate to good business and stock performance. The document goes on to discuss other factors to consider such as a company's financials, industry trends, and management quality when analyzing individual stocks for investment. It also compares the advantages and disadvantages of investing in individual stocks versus mutual funds.
3. In a rare interview with TraderPlanet, stock
investing's elder statesman Bill O'Neil shared his
views on what drives stock market growth leaders
and how the underlying nature of the market
hasn't really changed. With over fifty years of
market experience and wisdom, O'Neil shares the
basics on the methodology that works for him
here.
O'Neil is widely considered to be one of the
most influential investors of our time. At the age of
30, he was the youngest person to buy a New York
Stock Exchange seat in the 1960s. O’Neil
pioneered research that identified seven
performance traits of the greatest stock market
leaders before they make their biggest price
gains. That research became the basis of his
investment growth strategy: the CAN SLIM®
Investment System. O’Neil founded Investor’s
Business Daily® (IBD®) in 1984 and later
Investors.com. He is the author of numerous
books including the classic, “How to Make Money
in Stocks: A Winning System in Good Times or
Bad."
The IBD methodology is one that any investor
or trader can utilize. Active traders with familiarity
and an understanding of charts will find the
concepts generally easy to understand. The
approach is often described as a trend following
system and could be embraced as a main strategy
or an auxiliary trading method in addition to
shorter-term plays. The bottom line is that this
method has consistently produced outsized
market returns, compared to the broader market
averages and for that reason alone is worth
studying. Let's dive into this exclusive
TraderPlanet interview.
Bill O'Neil always had an
interest in the stock market.
During college he was in ROTC
and after graduation spent time
in the Air Force for several years.
However, O'Neil was voraciously
reading about and studying the
stock market on the side.
After the Air Force, O'Neil
landed a job at a brokerage firm,
where he continued to study
and invest, with a determined
and ambitious focus. "I would
read books by people I knew
had done really well in the
markets. I would seek out those
people. You learn from who is
doing best in the field," O'Neil
said. A key early influence was
Gerald Loeb's classic "The Battle
For Investment Survival." He
sought out Loeb and met him in
person. "I always wanted to find
out who is the best in the field
and what are the methods they
used? That is what helped me a
lot," he said.
A disciplined and
motivated student of the
markets and market history,
O'Neil dug into old charts and
past fundamentals to identify
common patterns and themes
in stocks with outsized
performance gains. "I would
13 TraderPlanet Digital Journal
4. investment strategy that combines
both fundamentals and technicals. In
general, he focuses on common stocks
with new products and good earnings.
"The accumulation that is done
by professionals leaves a track and that
shows up on a chart," he said. But, he
added that fundamentals are critical as
well and a company must have an
outstanding product and rapid
earnings growth. "The charts help you
spot that some professional is buying
these stocks. It is the combination of
those two things that have helped us
dramatically." The method which O'Neil
designed: the CAN SLIM® Investment
System is an acronym for individual
factors that must be present for a stock
purchase.
study which stocks were the most
successful in the past few years. I'd study
the fundamentals, study the charts," he
said. "Those patterns are the same as 20,
50, 100 years ago. Human nature is in the
market. You can see chart patterns that
would show from a supply and demand
point of view that stocks are being
accumulated—such as a "cup and
handle," he said.
Chart Tracks
After five decades of experience, O'Neil is
now an astute investor with an
authoritative understanding on both
fundamental and technical aspects that
affect stocks. Through his years of study,
he honed and created a specific
"IN EVERY CYCLE THERE ARE NEW LEADERS BECAUSE THERE ARE
NEW INNOVATORS AND NEW COMPANIES WHO ARE GOING TO COME
ALONG. WHO EVER HEARD OF LINKEDIN 20 YEARS AGO? THEY KEEP
COMING BECAUSE OF THE FREEDOM AND OPPORTUNITY."
—BILL O'NEIL
TraderPlanet Digital Journal 14
5. Despite the massive technological
changes which have been seen in recent
decades, which include high-frequency
trading and algorithmic program
trading, O'Neil dismisses these as having
a significant impact on his methodology.
"It's still supply and demand. It's still
human nature. It is still professionals
moving stocks up. It is the big
institutions and mutual funds that will
do that, not the public. Aunt Sue buying
50 or 100 shares isn't going to affect it,"
he explained.
O'Neil points to the unique freedom
and opportunity in the American free
market system as a fertile ground for the
development and creation of new
unique companies. "The country is
innovative and creative because it is so
free," he said. And, that in turn translates
into new stock market growth leaders.
"Innovators are going to keep coming
with every cycle. In every cycle there are
new leaders because there are new
innovators and new companies who are
going to come along. Who ever heard of
LinkedIn 20 years ago? They keep
coming because of the freedom and
opportunity," O'Neil said.
The American Association of
Individual Investors' independent
"real time" study of over 50
leading strategies found IBD’s
CAN SLIM® Investment System
achieved an annualized return of
+24.7% from inception (January
1998 through December 31,
2012, AAII Stock Screen). It is the
number one long-term growth
with price momentum strategy
measured by AAII Journal.
+ 24.7%
IBD’s CAN SLIM®
Annualized Return
January 1998
through
December 31, 2012
Supply And Demand
15 TraderPlanet Digital Journal
7. Follow The System
In order to achieve success with the CAN SLIM® approach it is essential to follow the
rules. The methodology does outline specific buy criteria. There are sell rules too. "No
matter how much you know, you will make mistakes. If you buy it at $50 and it is at $46,
cut it and sell it pretty fast. The maximum loss anyone should sit with is 7-8%," O'Neil
said. "Have buy rules and sell rules.You go by the rules, not how you feel.You can't fall in
love with any stock," he added.
But, at the end of the day, it boils down to this: "we are looking for stocks in the top
2% of companies in earnings growth, sales growth and an outstanding product," O'Neil
concluded. And, after fifty years of investing that is still the recipe for superior returns in
stock market investing.
Matthew Galgani is the co-host
of the How To Make Money In
Stocks radio show and the
author of How To Make Money
In Stocks —Getting Started.
GETTING STARTED:
The Nuts And Bolts
Of The IBD System
The growth stock investing approach taught by
IBD really is a common sense approach. The
basics are easy to understand and the
performance returns are impressive, as noted by
the American Association of Individual Investors.
There's no software to buy or black box system to
follow with the IBD method, but it will take some
good old fashioned studying and hard work. This
is an approach that anyone can learn and
implement given the interest, time and
determination—no special knowledge, skills or
background needed.
17 TraderPlanet Digital Journal
8. Matthew Galgani, the co-host of
IBD's radio show offered up some
concrete tips on getting started with this
approach. These revolve around three
key points Galgani said:
"You only want to make new buys
when the market is a confirmed uptrend.
Take defensive action as the uptrend
starts to wane."
"Focus on stocks with big earnings
growth and innovative new products."
"Buy stocks that are being heavily
bought by institutional investors and
avoid the ones they are selling."
A Weekend Routine
This is a methodology that individual
investors can pursue while working
full-time at other careers. Galgani
explains a sort of "cheat sheet" approach
can be to utilize "The Big Picture"
column in the Investor's Business Daily
newspaper and the IBD 50 and Your
Weekly Review stock lists. "The Big
Picture column will tell you if the market
is in an uptrend, an uptrend under
pressure or a correction," he noted. If the
market is an uptrend—this is a time to
buy stocks. From there, the "IBD 50 and
Your Weekly Review will give you a list of
top rated stocks to keep an eye on."
Fleetcor Technologies (FLT).
A 117% gain in 10 months.
Download this pdf
for simple steps to
follow and a
buying checklist.
IBD CASE STUDY:
DOWNLOAD
PEOPLE TEND TO OVER
DIVERSIFY. FOCUS ON A FEW
STOCKS. IF YOU HAVE A
$20,000-$200,000
PORTFOLIO—BUY FOUR TO FIVE
STOCKS. PICK THEM CAREFULLY
AND WATCH THEM CAREFULLY."
—MATTHEW GALGANI
TraderPlanet Digital Journal 18
9. Entry Points
For those traders with some chart
reading knowledge already, embracing
the IBD approach wouldn't be that hard
of a switch. Once an investor has honed
in and chosen a stock to buy, the
technical picture will offer the trigger
point for an entry. "We are looking for
stocks to break out of a consolidation
pattern. The three most common are:
cup with handle, double bottom and flat
base," Galgani explained. "When it is
hitting an old point of resistance and if it
has the power to push through that
ceiling on heavy volume—that is the
ideal time to get into a stock," he said.
Taking Profits
In general, the methodology advises
that "you take most of your profits at
20-25% above the ideal entry point. It's
just history. When stocks go up 20-25%
past their prior buy point they tend to
pull back and start another base. That
can be an opportunity to take your gain,"
Galgani said.
Risk Management
There are stop-loss and 'when you are
wrong' rules. "If a stock drops 7-8%
below what you paid for it, sell it. No
questions asked. You never want to let it
go more than that," Galgani said. "It is
kind of a simple game plan. Buy in a
confirmed uptrend. Three out of four
stocks just follow the main trend. Take
most of your profits at 20-25% and if you
are wrong, cut all losses at no more than
7% - 8%."
Make A Checklist
As simple as it sounds, when emotions
and money are involved, sometimes
discipline just flies out the window.
That's why writing out an actual
checklist of your buy and sell rules can
help keep an individual investor on
track. "Make sure you have good sell
rules. Selling is the hardest and most
ignored part of investing. Don't be super
greedy. In most cases, take a 20-25%
gain," he said.
Some Numbers
What about timeframe? In general
Galgani said the 20-25% gain can often
be achieved over a three to six month
period. What about how many stocks to
own? "There is no magic number. But,
our take on it is don't own more than
you can properly handle and manage.
People tend to over diversify," he said.
"Focus on a few stocks. If you have a
$20,000-$200,000 portfolio—buy four
to five stocks. Pick them carefully and
watch them carefully," he said.
19 TraderPlanet Digital Journal
10. Markets In Correction
As of this writing in early August, the U.S.
stock market remained in the midst of a
major bull market that is over four years
old and could be getting a little long in
the tooth, according to history. Once U.S.
stocks do correct lower or even head
into a bear (generally considered to be a
20% move off the high), what does the
IBD methodology advise investor to do?
"Protect gains you made in the prior
uptrend. You never want to see your
gains disappear. The biggest thing to do
in a correction is to prepare to make
Inspiration And
Success
Amy Smith, market commentator radio
show host at Investor's Business Daily,
used to be a fitness trainer. About 17
years ago, Smith read Bill O'Neil's book
and got hooked. "I didn't go to Wharton,
I don't have an MBA. I didn't know
anything about the markets," she said.
After reading O'Neil's book she attended
a workshop led by him. "I heard him
speak and was blown away. Everything
made sense," she said.
She started investing on her own,
while still working full-time in fitness.
Amy Smith is the author of How To
Make Money In Stocks Success
Stories and market commentator
at Investor's Business Daily.
money in the next uptrend. Build your
watch list. Have routines, have checklists
and the discipline to follow them," he
said.
Sitting in cash might not be that
exciting, but it is certainly better than
watching one's profits disappear.
Bottom line? Market corrections offer
time to study more, hone your skills and
get your game plan ready for the next up
cycle, which always comes. Markets
move in cycles, history and charts show
that. The critical question for investors is
how will you handle that? The IBD
method offers specific guidelines to
follow.
TraderPlanet Digital Journal 20
11. Smith became involved with the Santa
Monica IBD Meetup group and
eventually started volunteering for
them. Smith began investing during the
1990's, which boasted one of the most
historic bull market periods in recent
history, which certainly was a plus for a
growth stock investing approach. She
remembers thinking "wow, this really
works." Then, the bear market hit in
2000. "It was kind of a wake-up call," but
Smith wasn't deterred. Instead, she said
"I had to dig in and learn more. I looked
at it as a chance to improve."
There are currently about 250 Investor's
Business Daily Meetup groups across the
country that gather regularly to discuss stocks
and investing. Generally, it is a group of
investors that share ideas and can offer
support to others just learning about growth
stock investing. Is your interest piqued?
The IBD approach has been
described by some as a trend following
system. More specifically, it is a system of
buying stocks with the best sales,
earnings, products and return on
investment. The IBD methodology
"takes advantage of the sweet spot you
usually see in the market every year.
During that time period, it is easier and it
is not a choppy environment. These big
growth names like Baidu.com (BIDU)
and Green Mountain Coffee Roasters
(GMCR) moved 1000%, much more than
the basic indexes. For people who are
willing to pay a little bit of attention to
the market the returns can far outpace
an ETF strategy," she said.
Click here to locate an IBD Meetup group near you.
21 TraderPlanet Digital Journal
12. RELATED READING
Schwager: Investors Are
Their Own Worst Enemy
By Kira Brecht
CLICK
HERE
In her book: How To Make Money In Stocks Success Stories, Smith features regular
individuals from all walks of life who adopted the IBD approach and achieved solid and
sometimes stunning market gains. If you are looking for some inspiration take a look at
these numbers. Here are a few examples from her book. Townsend Baldwin—he
bought a New York apartment with profits from Nutrisystem using IBD and CAN SLIM®
rules. Ken Chin used CAN SLIM to book a 212% gain in Baidu in 2010 over 18 months
and a 91% gain in Apple in 2011 over an 18 month period.
Proven Results
"Whether your motivation is to buy a home, generate retirement income or build a
college fund, you can learn to invest successfully. Anybody can do it. Bill started with
$500. Even with a small amount of money—just get started. It is a little bit of work, but
the more you work at it the more success you will have," Smith said.
"It is a system that has been time-tested. Bill's done research going back to 1880.
Cycle after cycle, it is the same. History does repeat itself and these types of big winners
do emerge in every market cycle," Smith concluded.
Kira Brecht is managing editor at TraderPlanet
TraderPlanet Digital Journal 22