Last week, in an attempt to improve home affordability, President Trump announced a possible ban on institutional ownership of single family homes. This resulted in a selloff in the two leading single family rental (SFR) REITs: American Homes 4 Rent…
The massive success of Amazon (AMZN) has created a paradigm shift in value investing. It was very hard to understand how AMZN could be a value stock based on traditional valuation measures for a very long time. Nick Sleep and…
In the short run, the market is a voting machine; in the long run, a weighing machine – Ben Graham The great Ben Graham – teacher of Warren Buffett – encapsulated the two perennial approaches to investing in the quote…
There’s something interesting happening in the market that I don’t hear many people talking about. While the S&P 500 has broken out to new highs in recent days, it is being driven by the “soldiers” not the mega cap tech…
Mondelez (MDLZ) is a $70 billion food company with a number of popular brands like Chips Ahoy!, Clif Bar, Ritz Crackers, Sour Patch Kids and Oreos, among many others. It is the 7th largest holding in the S&P Consumer Staples…
January 3, 2026 It takes a man a long time to learn all the lessons of all his mistakes – Jesse Livermore The test of a first rate intelligence is the ability to hold two opposing ideas in mind at…
When the capital development of a country becomes a by-product of the activities of a casino the job is likely to be ill done – John Maynard Keynes There can be few fields of human endeavor in which history counts…
I have been stalking Nike (NKE) for 27 months now and have written four blogs on it over that period, biding my time for the right spots to increase my position while lightening up at times. I added a few…
$15 billion market cap Chewy (CHWY) is the leading online retailer of pet supplies. While I’m a big believer in businesses selling to pet owners because I believe that trend is in a secular bull market due to young people…
The market is pricing in an 87% probability that the Fed will cut interest rates by 25 basis points on Wednesday. But the benchmark 10-year Treasury yield has risen sharply over the last week. What gives? Contrary to many people’s…