Owner: Investment Jungle URL:http://www.investmentjungle.com/blog Join Date: Thu, 31 May 2007 10:49:23 -0500 Rating:0 Site Description: The Investment Jungle’s mission is to empower individual investors to gain the knowledge, skill, and confidence required to invest in high quality stocks to ensure a lifetime of successful investing so as not to fall prey to ‘predators’ within the financi Site statistics:Click here
Book Review: How to Pick Stocks like Warren Buffett by T. Vick 2007-05-30 11:00:16 Pros:
1. Excellent investing information.
2. Very interesting stories about WarrenBuffett
.
Cons:
1. Too much great information. I have to read the book again!
Rating: ***** (5 out of 5)
“How to Pick Stocks
Like Warren Buffett” by Timothy Vick was an excellent read. From reading about Warren Buffett’s personal experiences to a ton of excellent information on value investing, this book is definitely one for your personal library.
There was so much good information that I am going to reread this book. But there were 3 points that really stuck with me that I want to bring up.
Warren Buffett and Charities
There was a discussion on Warren Buffett’s basic frugal nature. And by that, Warren feels that if he pays $100 for an item, then that is $100 less that will be compounding and growing for him. And at the rate that Warren Buffett can compound money, that can become a large amount of money.
But the interesting part is that he even thought that way about chariti
Carnivals, Carnivals, Carnivals 2007-05-22 10:00:50 This has been a busy week at Investment Jungle. I was able to contribute to 4 (that’s right, four!) investing carnivals.
Festival of Stocks #37 over at Value Investing News
Investors Blog Network Festival #7 over at Money, Matter and More Musings
Carnival of Personal Finance #101 over at FIRE Finance
Tour of Canadian Personal Finance Blogs over at Canadian Capitalist
Check out these great carnivals and thank the hosts while you are there!
And as a special treat, I will be hosting Festival of Stocks #38 on Monday, May28th!
Read more:Carnivals
New Rule #1 Screen 2007-05-21 11:00:10 Investment Jungle reader Tri mentioned a couple of stocks that he considers are wonderful businesses selling at an attractive price. That got me thinking that I should re-evaluate the screen that I initially used to find these Rule #1 companies.
So, I sat down and came up with a screen for finding these wonderful Rule #1 businesses. It is very similar to my last screen.
My screening criteria:
10 Yr Sales Growth Rate
5 Yr Sales Growth Rate
1 Yr Sales Growth Rate
10 Yr EPS Growth Rate
5 Yr EPS Growth Rate
1 Yr EPS Growth Rate
Book Value Growth Rate
All these growth rates had to be greater than 10%. As you can see, I have left out the cash flow growth rate. Phil Town states that this is the least important one as the company may deploy all its cash during a growth spurt. So I would prefer to look at this criteria on a case by case basis.
I also added the following liquidity ratios as criteria to ensure that the business is not growing due to debt:
current ratio > 2.0
quick rati
Carnival Monday - June 4, 2007 2007-06-04 19:03:19 Investment Jungle participated in 3 excellent carnivals this week:
Festival of Stocks #39 hosted at Stock Rake;
Investors Blog Network Festival #8 hosted at Online Stock Trading;
Carnival
of Wealth Building #4 hosted at Home Equity Loan Lowdown.
Drop by the festivals and enjoy the articles. Thanks to all the great hosts this week!
Read more:Monday
Carnivals - June 13, 2007 2007-06-13 19:31:47 Straying from the usual Carnival Monday festivities, I give you a Carnival Wednesday!
Investment Jungle was featured in the following carnivals:
Carnival of Money, Growth and Happiness #7 hosted at Credit Card Lowdown
Carnival of Wealth Building #5 hosted at Home Equity Loan Lowdown
Festival of Good Books #3 hosted at Online University Lowdown
And that is the LOWDOWN for this midweek surprise! So check out the carnivals and enjoy!
Read more:Carnivals