Use access key #2 to skip to page content.

TheDumbMoney (73.43)



Revisitng My First Big Value Call on This Website -- Walmart

January 09, 2015 – Comments (6) | RELATED TICKERS: WMT , ABBV , GOOGL

I was doing some stock research today, and it occurred to me to go back and look at some of my old posts here.  My first really detailed post was from May 2010, nearly five years ago.  In it I asked whether Walmart (then trading around $53/share) was undervalued.  I concluded it was, but a lot. You can see the post here.  [more]



Listen to Buffett and the Value Individual Companies, Treat Hussman as a Shideshow

December 24, 2014 – Comments (0) | RELATED TICKERS: XOM , BRK-B

Saw another post today about valuation ratios and how the market is “overvalued.”  It wasn’t a bad post. It was well thought-out. (It was also basically a regurgitation of work Hussman has been doing for years.) But with all its focus on CAPE and Tobin Q, it highlights the fact that these are fundamentally technical measures that rely on the concept of reversion-to-mean, and look at the whole market.    [more]



Why You Should *Maybe* Buy a House

August 17, 2014 – Comments (6) | RELATED TICKERS: SPY

Here is my post from about a week ago on why the argument against buying a house is not as strong as some currently say it is -- in a post-crisis fad.  Additionally, I should say I think a lot of the argument against buying is driven by a rather typical post-crisis fear hangover and also by ideological opposition to the mortgage interest deduction.  [more]



All Recent Activity is Noted in My Comments to Picks

June 18, 2013 – Comments (6) | RELATED TICKERS: GLD , SPY , PM

There are a lot of new people here, and many of the old ones are gone, including one of my old faves, truthisntstupid, a line-cook with uncommon wisdom.  I have been active here now for well over three years.  To review, all of my picks in this CAPS account are real money positions, and they are the only stocks I own.*  My record is very transparent.  Whenever I do an initial purchase I add in CAPS.  Whenever I add to or subtract from the position, I note it in the comments.**  Whenever I sell out a position I remove it from CAPS.    [more]