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Robert Abbott
Robert Abbott
Articles (799)  | Author's Website |

Taro Pharmaceuticals: Strong Balance Sheet and Strong Competition

Jim Simons has confidence, but should the rest of us?

May 29, 2020 | About:

About the author:

Robert Abbott
Robert F. Abbott has been investing his family’s accounts since 1995 and in 2010 added options -- mainly covered calls and collars with long stocks.

He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors (whatisamutualfund.com).

As a writer and publisher, Abbott also explores how the middle class has come to own big business through pension funds and mutual funds, what management guru Peter Drucker called the "unseen revolution."

Visit Robert Abbott's Website


Rating: 4.0/5 (1 vote)

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Comments

Praveen Chawla
Praveen Chawla premium member - 1 month ago

Good article, Robert. A couple of comments. The company is in a tough situation with declining profitability and revenues but may be cheap enough now.

Regarding the Guru's invested in Taro. Renaissance Technologies (Simons) is not really a value shop. They are algorithmic investors - but their methodology is a black box. Hard to figure out why they are interested but they are extremely successful. Brandes on the other hand, in a bonafide value investor but has a terrible investing record in the last few years.

Robert Abbott
Robert Abbott premium member - 1 month ago

Thanks, Praveen!

I sometimes suspect Renaissance is something of a post-reason company, where a very long list of variables determines the buy/don't buy decision, without human reasoning (except for the variable selections and weights of the criteria).

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