Strategies
3459 posts
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.
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.
USL has superior cost, performance, and correlation characteristics than its more popular counterpart.
While institutional managers are often sharper than the average investor, they can be every bit as prone to herding behavior.