Review of Current Losing Positions
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...
View ArticleACAS: Re-examining My Position
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...
View ArticlePortfolio Performance: +9.6% YTD through July 2008
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...
View ArticleCryptologic (Non-)Assessment
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...
View ArticleWorld (& Markets) (& Davy) Gone Mad
Most readers (at least the stock-watchers among you) should be aware of the conflict in Georgia by now. Inexplicably, news of Russia opening a 2nd front has not prevented oil from falling 2% and gold...
View ArticlePenn West Energy Trust (PWE) Q2 Earnings Update
2008 Q2 highlights (all figures C$ unless otherwise noted): Due to the acquisitions, YOY comparisons may be misleading so I will be focusing on changes from Q1 2008. Keep in mind the big spike in oil...
View ArticleWeekly Biking Playlist: Bailout Edition
Who needs reality TV? I’m sure readers have read tomes on the bailout and probably have pretty strong negative positions on it already. It’s sickening all the way around — everyone agrees on that....
View ArticleGone Fishin’ For July
Hey folks, taking a break and won’t be doing much updating for July but will return in August. Thanks!
View ArticleReverse Mortgages In Brief
With the slow motion housing crash still in progress and living in one of the nation’s hardest hit areas (northern California), it seems as if I am seeing more signs touting reverse mortgages, much...
View ArticleNot Much Action
With markets generally rising after a very brief, small drop last week, there hasn’t been much buying on my end. Some gold stocks have dropped a little & are starting to look attractive. In the...
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