Microsoft Bears Underestimate the ‘Enterprise Moat’
Microsoft reported a solid fiscal second quarter on Thursday with revenue and earnings that were generally above consensus estimates. However, concerns over relatively tepid growth in the Windows segment overshadowed positive results elsewhere in the eyes of market participants leading ...
Examining the Consensus View of Intel Corporation
In this article, we will take a brief look at the "consensus" view regarding Intel Corporation with a focus on Value Line's latest report on the company. Our purpose is not to make a complete investment judgment on Intel, but ...
Berkshire Likely to Pay Dividends Eventually — But Not This Year
In today's Barron's, Andrew Bary presents the bullish case for Berkshire Hathaway and speculates that Warren Buffett may soon be willing to part with some of Berkshire's growing cash hoard by paying a dividend to shareholders, perhaps as soon as ...
Buffett to Retire From Washington Post’s Board
In a press release this afternoon, The Washington Post announced that Warren Buffett will not be a candidate for re-election to the company's Board of Directors. His current term expires in May. Mr. Buffett joined the board in 1974 after ...
What I Learned Before I Sold to Warren Buffett
With the large number of books related to Warren Buffett and Berkshire Hathaway, nearly everyone needs to be selective when it comes to choosing which books are worthy of attention. Readers who wish to gain insight into entrepreneurship from a ...
With Jobs on Medical Leave, Apple Shareholders Deserve More Disclosure Regarding Succession
In a letter to Apple employees released Monday morning, Steve Jobs informed his team that health issues have forced him to take a leave of absence from his day-to-day duties as CEO of the company. Tim Cook, who capably managed ...
Excerpts From In Search of the “Buffett Premium”
Warren Buffett is perhaps the most visible example of a CEO who has captured the attention of the public at large. During the height of the financial crisis in the fall of 2008, Mr. Buffett’s comments on the economy were ...
Why Are Value Investors Willing To Share Ideas?
There is a healthy sense of skepticism among investors when faced with websites, blogs, newsletters, conferences and other sources of information that claim to offer investment ideas. After all, good investment ideas are valuable and rare. Why would anyone willingly ...
Rail Traffic Rebounds in 2010 But Remains Far Short of Pre-Recession Levels
The Association of American Railroads has released its Rail Time Indicators (pdf) report for January 2011 which provides a great deal of data covering the freight rail industry in 2010. We have previously followed trends in railroad traffic more closely ...
In-N-Out Burger: A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules
In-N-Out Burger requires no introduction for residents of California, Nevada, Arizona, and Utah as well as dedicated fans in other states who often make a special point to visit one of the chain's 246 locations whenever possible. From its humble ...
Contango Provides Updated Perspective on Gulf of Mexico Situation
In a presentation today, Contango Oil & Gas CEO Kenneth Peak stated that the economics of oil and gas exploration in shallow Gulf of Mexico waters have improved significantly compared to 2008 conditions due to a dramatic decrease in dayrates ...
Diamond Offshore Offers Value Amid Regulatory Chaos
The official moratorium on deepwater drilling in the U.S. Gulf of Mexico was lifted in October 2010, but has been replaced with what can only be described as a quasi moratorium as new permits continue to languish in a byzantine ...
Start the New Year With an Investment Report Card
The start of a new year is an excellent time to take stock of past accomplishments and chart a course for success in the future. As value investors, we attempt to identify securities trading at a discount to intrinsic value ...