Investment Jungle

Investment Jungle reader Harry left a very interesting comment:
Considering that the market has fallen so much, how come we have so much difficulty finding Rule #1 stocks?
This made me stop and think. What exactly is Harry getting at? And two things came to mind.
On each stock that I analyze, I always perform two […]

Popularity: 13%

Investment Jungle reader Kris pointed out that Phil Town just mentioned 3 companies to watch on “The Millionaire Inside: Your Guide to Retiring Rich.”

Those 3 companies are Walgreen (WAG), United Health Group Inc. (UNH) and Healthways Inc. (HWAY).
Walgreen is a long time favourite of mine. In fact, I have analyzed this stock […]

Popularity: 16%

My goal at Investment Jungle was to explore current stock picking strategy and techniques to develop my own system. The first system that I decided to analyze was Phil Town’s “Rule #1” system. Unknowingly, I had entered the realm of value investing. Looking at company fundamentals, determining the intrinsic value of the […]

Popularity: 22%

Investment Jungle reader Tri mentioned a couple of stocks that he considers are wonderful businesses selling at an attractive price. That got me thinking that I should re-evaluate the screen that I initially used to find these Rule #1 companies.
So, I sat down and came up with a screen for finding these wonderful Rule […]

Popularity: 35%

Well, after having worked to develop an effective screen for quality dividend paying stocks, I was not overly impressed with my results. So, as I had mentioned in my original post, I have decided to revert to the simple way to screen for quality dividend paying stocks - using the Mergent Dividend Achievers list.
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Popularity: 16%

Like the dot com darlings of the late 90s, dividend paying stocks have become all the rage now. Maybe it is caused by demographics of boomers looking for retirement income or maybe its where all the dot com busts fled to after the Tech Meltdown. Whatever the reason, everybody is talking about dividend […]

Popularity: 15%

As I was perusing my local library, I found “The Standard & Poor’s Guide to Selecting Stocks” by Michael Kaye. A book that was all stock screening!
Pros:

Detailed book clearly explaining different characteristics that can be screened and when each specific characteristic would be used.
Explained types of screens that can be wrong for different types […]

Popularity: 20%

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: 19%

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: 19%

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: 16%