Thursday, May 22, 2014

News


After much consideration and planning, I'm pleased to announce the launch of my investment newsletter - The ROI Report. You can check out the website here: www.roi-report.com

I haven't figured out yet, if I will continue to post on this blog - as it is only right that my subscribers have first access to my research and portfolio changes. I may continue to post interesting discussion on the market and other topics related to value investing. I'll keep you posted. If you have any questions about the newsletter, just drop me a line @ info@roi-report.com

Happy Investing!!!

Where are we?

Psychology of bubbles - plotted by investor psychology vs value (Dr. Rodrigue Hofstra university)

Spring Pruning

I have recently done some pruning in my garden and my portfolio. I won't bore you with the details about my garden. In my portfolio I've done a little selling (reduced positions by 15% or so)  of the following names:

Manulife (MFC.TO) @ 20 1/8
Hess Corp. (HES) @ 88

While, these companies aren't quite fully valued, they have done well and I'd like to have a little more cash around. Many market participants are quite bullish these days, and that's a cause for concern. I have a growing list of ideas to put money to work, but will need lower prices to pull the trigger. Until then....we wait.

Chart forManulife Financial Corporation (MFC.TO)

Chart forHess Corporation (HES)