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richday101 Message

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  • Holly LaFon 2017-05-05 13:47
    richday101: Holly, I don't understand your response. Since Warren hasn't reported buying any LSXMA or LSXMK in 1Q, isn't it fair to pick these 2 stocks for the Bu
    Sure go ahead. I'm honestly really busy.
  • Holly LaFon 2017-05-05 11:19
    richday101: Hi Holly. Re: Warren Buffet Contest you wrote: “Right, LSXMA and LSXMK don’t count” after a comment from Fung9815 3 days ago. Fung9815 and I agree
    No, I can't do that because if he owned more than 5% that demands he report it. Therefore we know he didn't buy any in the first quarter. It wouldn't make sense to pick it.
  • JayBird10 2017-01-13 21:14
    richday101: JayBird10
    Thanks, so much for the screening values. I have seen several of these screeners over the years and wondered what Dr. Allen recommended. Yes

    Here is a pdf of the spreadsheet he uses.  If I could figure out how
    to copy and send the actual spreadsheet I would.  But this will
    enable you to see the inputs from the balance sheet.

  • JayBird10 2017-01-13 07:33
    Richday 101,
    This is JayBird10.  I'm new to GuruFocus and I had commented about an article titled How To Analyze A Company, and I had posted a brief comment about Dr Paul Allen's analysis approach from his book Choose Stocks Wisely.  For some reason I couldn't figure out how to get back to the article to post a reply to your question about his criteria.
    Here are the criteria from the book:  Price to Book < 1; Price to Sales < 1; Quick Ratio > 0.5; Current Ratio > 2; Insider Transactions > 5%; PE < 20 (strong market); PE < 15 (weak market).  These criteria will not return many stocks in the current market but in a correcting market it will return a fair amount of quality companies.
    He suggests the readers of his book use www.finviz.com to run the screen as it is free.  He also provides a link in the book to a spreadsheet that is set up to analyze balance sheet and earnings and earnings projections and give an investable or not investable output.
    The point of his approach is to buy undervalued companies that have the financial strength to stay solvent during the down cycle, and that are not so leveraged as to have a bankruptcy risk.
    His book is worth the purchase, at least it was for me because I am not financially sophisticated and needed a simple way to do "some" fundamental analysis.

    Guess what, now that I have typed this message here I see below how to respond to your comment.
  • David Goodloe 2015-02-19 10:31
    richday101: David, it looks like the 2 winners of "Contest: Pick The Stocks Warren Buffett Bought In The 4th Quarter" are:
        "Dwu" picks wer
    I'll pass that information along to our CEO.
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