Investment Jungle

Well, so far my search continues for a “wonderful business selling at an attractive price.” Although I have found some wonderful businesses that I would like to own, they have not been selling at attractive prices. When I think of it, I believe I was quite lucky in finding these wonderful businesses. […]

Popularity: 36%

This last stock will bring my analysis of the retail drug store group to a close. This is a Canadian drug store that has expanded into the U.S. in recent years.
Company Profile
As taken from MSN Money:
The Jean Coutu Group (PJC) Inc. is a drugstore chain in North America and in the eastern United […]

Popularity: 27%

As I stated in my last post, I am willing to give Joel Greenblatt the benefit of the doubt with the system that he has proposed in his book. Even Joel admits that it sounds too simple to be a successful strategy!
I visited his website at www.magicformulainvesting.com and signed up. I then selected […]

Popularity: 40%

Pros:
1. Very simple system to implement.
2. Quick, easy read.
Cons:
1. Very repetitive. Small book with lots of repetition.
Rating: ** (2 out of 5)

I read Joel Greenblatt’s “The Little Book that Beats the Market.” It was a fast read (couple of hours tops). And when it was over, Joel had basically drilled 2 bits […]

Popularity: 34%

I have decided to stay in the drug store industry so that I can get a good feel for the industry as a whole. This time, I have chosen CVS/Caremark Corporation.
Company Profile:
As taken from MSN Money:
CVS/Caremark Corporation, formerly CVS Corporation, operates in the retail drugstore industry in the United States. As of December 30, […]

Popularity: 25%

I am now fairly comfortable using the techniques listed in Rule #1 by Phil Town. To determine whether or not a business is wonderful requires the calculation of the Big Five.
Phil Town lists Return On Investment Capital (ROIC) as the most important of the Big Five numbers. ROIC goes by many names: […]

Popularity: 27%

Staying on the theme of drug retailers, I have chosen Shoppers Drug Mart Company (SC). I thought it would be interesting to compare how the giant US retailer (Walgreen) compares with the giant Canadian retailer.
Company Profile:
Shoppers Drug Mart Corporation is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart […]

Popularity: 30%

Finally, the time to begin analyzing stocks has arrived.
For my first stock, I decided to pick Walgreen Company (WAG).
Company Profile:
Walgreen Company (Walgreen) operates retail drugstore chains that are engaged in the retail sale of prescription and non-prescription drugs, and general merchandise. General merchandise includes, among other things, beauty care, personal care, household items, candy, photofinishing, […]

Popularity: 23%

Pros:
1. Easy to follow, step-by-step instructions to selecting stocks using Rule #1 methodology.
2. An easy read for a novice investor.
Cons:
1. Some statements are a little hard to take. For example, on page 4, Phil states that
I borrowed $1,000, and five years later I was a millionaire.
Rating: **** (4 out of 5)

For my first methodology […]

Popularity: 51%

As stated in my very first post, one of my goals is to
Develop my own investing strategy by studying and understanding current investment strategies and techniques.
For my first strategy, I have chosen to follow Phil Town’s “Rule #1″ investing strategy. Why? That is easy to answer. Phil states in his book […]

Popularity: 16%