The runway for a successful HTCH recovery is now significantly shorter due to the Thai flood disaster.
Our investment approach is to buy companies with consistent earning power and high return-on-equity that employ little or no long-term debt, and to purchase at reasonable prices with a high margin of safety.
We believe the U.S. markets still offer the best risk adjusted returns of all available investable options.
The retailer has been growing both earnings and revenue nicely, exceeding analysts' expectations as well as raising guidance.
Tom Yorke's radio appearance, where he discusses some of the major themes in his three Covestor models.
In order to buy the business "for free" I would pay $2.60 per share - which is equal to the net cash on the balance sheet.
Wall Street economists like to use the term “on the other hand” when forecasting the economy just in case they are proven wrong later. It's a good career strategy.