Value Investing

08
Dec
07
Dec

The United States - using technology - has found years and years of natural gas supplies.  We are even exporting it! HOUSTON, Dec. 3 -- While another year of price distress awaits US producers of natural gas from shale reservoirs, technology has lowered breakeven thresholds of important plays, speakers said at an industry conference in Houston. Beyond next year, said Dan Pickering, copresident of Tudor, Pickering, Holt & Co. LLC, $4/Mcf gas is unsustainable. In the long term, he explained, a commodity’s

07
Dec
Big Day for Big Oil Stocks – 30% Upside $XOM

Collins Stewart oil and gas analyst Katherine Lucas Minyard this morning reiterated her “Buy” recommendations on several oil majors. The fundamentals of the business are improving, she writes, with West Texas Intermediate and Brent crude prices average $78 and $79 per barrel, respectively, in the second quarter, which was higher than her $75 estimate. Refining margins are up 14% from year-ago levels, she notes. And the stocks offer a fat dividend, at 4.6%, on average. The one fly in

02
Dec
Ball Corporation’s ($BLL) EVA Discipline Made Management Partners w/Shareowners

David Hoover, current CEO of EVA company  Ball Corp (BLL) is retiring.  Hoover is famous for suggesting that he hopes to be the one to own the last share of BLL when asked about the company's aggressive share buyback and capital structure. Here's an excerpt from a recent article about his tenure at BLL and how his successor, John Hayes, will stay the course:

29
Nov
19
Nov
The Procter & Gamble Company (NYSE:$PG) Creating Wealth and Trading at a Discount

The best tools on the web to help us identify strong economic performance plus low valuations are at AFGView.com. We have been using the tools for almost 8 years and they have been the core of our ValueAligned® Investing Process - where we own stocks of great companies to make sure our clients have enough income to maintain their dignity and independence in retirement.  Here's an analysis from their website on the relative attractiveness

11
Nov
Daniel Henninger: The 1099 Democrats – WSJ.com

The party's decoupling from vast swaths of America at work didn't start with Barack Obama. Al Gore and John Kerry ran hard against the depredations of the insurance, pharmaceutical and oil industries. The post-modern Democrats, starting at the top, convey the impression that the average company consists entirely of three guys in spats, silk vests and top hats, like the little character on the Monopoly cards, who

03
Nov

It seems the Fed's new round of easing is attempting to push up stock allocations amongst the peeps. Notice that first round worked: cash allocations are down and bond allocations are way up...next up, get the cash into stocks.

02
Nov

David L. Berkowitz Portfolio Manager & Advisor VALUE ALIGNED PORTFOLIO THIRD QUARTER 2010 Dear Friend, For the 3rd quarter, the S&P Total Return Index ended up +11.3%.  The ValueAligned Folio was up

18
Oct

Since 1980 tax rates on the "rich" - the top rate - are down by 50%.  But as the chart below shows - these are facts - the "rich" the top 1% pay a greater share of the taxes than ever before.  This fact is not quite what the politicians on the Left tell us.  Why?  Because it is not about getting higher revenues,  it's about expanding Federal Government.  This from Scott Grannis: