A Closer Look at Bank StocksAlthough there are considerably more than 800 publicly traded U.S. banks, many investors shy away from this sector. The reported financial statements look funny, and the results don't neatly fit into the handy-dandy screens and formulae that many investors like to use. That's a shame, because as Warren Buffett has shown in the past, well-chosen bank stocks can...
One more reason why some investors should gain from the short term memory loss of the other so many. Here are the reasons:---United Spirits Ltd:--Equity -2009.32 crdebt :- 1162.08 crat 12.5 or more expensive 13% interest rate 152 cr interest annually which is fully supported by the 5 year average PBDIT of the company. So it is well withing it's debt capacity.Same is...
Debt capacity bargainsNow let us move to an even more interesting theme which I like to call the debt capacity bargains and I find it very interesting because it has got an academic angle to it. And the academic angle is this:The value of a debt free company has to be substantially more than the amount of debt it can comfortably service. It's...
After reading a lot by Phil Fisher he has become my second favorite after Mr. Warren Buffet. His unique sense of business and that too in manufacturing industry is commendable. I don’t know why but he is not so popular like Benjamin Graham. The most important learning these people share with us is there Business knowledge in different industries. Where Buffet is more...
