On the eve of Cryptologic’s (CRYP) earnings release, I am posting my report on the company. In the end, I just chalked this one up to the “too hard” basket. I just can’t get a comfortable handle on their future business prospects and that combined with the illiquidity of the stock means I’m taking a [...]
Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +9.6% YTD (including dividends) DJIA: -14.2% Nasdaq: -12.3% S&P 500: -13.7% DJ WIlshire 5000: -12.6% Reuters 2000 (smallcap): -6.7% Due to the commodities correction currently underway, [...]
As a value investor, I am used to buying stocks as they go down and averaging into a position. While I believe that markets are not totally efficient, they are fairly efficient and so when Mr. Market marks down 40% a position that I already believed to be heavily discounted, I do not subscribe to [...]
A few weeks ago, a reader asked me about my current thoughts on Telecom New Zealand (NZT), which, as of 07/01/2008, was down 16.5% since I bought it last year. The blog’s hacking sidetracked me a bit and also, I’ve been “rolling” NZT and its future prospects in my head for a while. But judging [...]
As a result of the hacking last night, some technical work will have to be done on the site. You may notice a few strange things, such as the blog being offline or seemingly rolled back to last week. Please bear with me. I expect that everything will be back to normal by the beginning [...]
The blog was hacked tonight and I spent a couple of hours to get it back online. Seems like we’re back up and running. Feel free to email me if you notice anything fishy while browsing the site.
