Strategies & Market Trends | Fundamental Value Investing


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From: bruwin12/27/2011 6:24:43 AM
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It seems that there are those who have their doubts about the future or "sovereignty" of the Euro and its membership.

Pierre Denis, from Ecully, France, had the following to say in his letter to TIME ....

"The euro crisis is not surprising. A common currency without common government can't work. Those who created the euro were perfectly aware of it, but they intended to force the peoples of Europe into a federation.
The euro is an ideological construction, not an economic one.
And unlike the U.S., Europe is not a nation. It would be better to go back to national currencies."

.... and Dennis Brinkeback from Stockholm seemed to be of similar mind ....

"Michael Schuman wrote that, 'Europeans will have to make the fateful choice between national sovereignty and the euro's well being.'
The choice is easy: sovereignty and democracy are far more important than saving the euro."

We have seen England, a country close to its European neighbours, make the decision, a long time ago, to retain both its own currency and sovereignty. Despite that, its current leadership is prepared to work with those across the Channel, provided that it is in the best interests of Britain.
It will be interesting to see how England's future economic performance compares with that of its Euro neighbours.

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From: E_K_S12/28/2011 10:35:23 AM
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Eight Of Buffett's Ten Biggest Holdings Up For 2011
gurufocus.com 

While Berkshire Hathaway ( BRK.A)( BRK.B) stock is down over five percent as the year draws to a close, most of Warren Buffett’s top holdings in his investment portfolio have delivered a positive return year to date. In a year clouded by scandal, natural disasters and market volatility, Buffett’s addiction to high-quality, large-cap stocks paid off. Eight of his 10 largest holdings have gone up year to date, while the only two banks in his top 10, Wells Fargo ( WFC) and US Bancorp ( USB), are down. His best performing stocks in 2011 are: IBM Corp. ( IBM), Moody’s ( MCO), Kraft ( KFT) and GlaxoSmithKline ( GSK).


================================


EKS

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To: E_K_S who wrote (1700)12/28/2011 12:40:22 PM
From: bruwin   of 3043
 
Yes, indeed, as you said, "Buffett’s addiction to high-quality, large-cap stocks paid off."

My selection of 10 of his stocks have shown an overall gain, at their last Close, of about 8% in the 3 months since the end of September 2011 ....


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From: Dr_of_Microcaps1/9/2012 11:43:04 AM
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finance.yahoo.com 

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To: Dr_of_Microcaps who wrote (1702)1/10/2012 1:33:43 AM
From: bruwin   of 3043
 
As this is your first visit, welcome to FVI Dr_of_Microcaps.

With regard to the link to Schnitzer's Quarterly financial report, would you be prepared to elaborate or discuss your reason(s) for posting it?

A very brief look at its past Quarterlies, and this one for Nov.2011, it seems that the company's top line Revenue has fallen in the last Quarter compared to the previous Quarter, but is up compared to the Quarter 12 months ago.
However, its Bottom Line is down compared to the most recent Quarter as well as to the same period 12 months ago
Looking at its chart for the last 3 years, it seems to have been moving sideways between about $40 and $60.

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To: bruwin who wrote (1688)1/10/2012 6:32:33 AM
From: bruwin   of 3043
 
After exactly 3 calender months (according to his original target), the 10 stock portfolio, initially put together by Sergio H, has shown an overall gain of 15.64%.
Not bad, I would have thought, in current market conditions.

CAT eventually came out tops with a gain of 28.6%, closely followed by DIS (Disney) at 25.4%.

Only one stock showed a loss over the period, and that was AA (Alcoa). If my memory serves me correctly, when the portfolio was first presented at "Value Investing", Clownbuck chose AA as his choice for the better performer. If you read this post, Clownbuck, are there any comments you'd make regarding AA's performance in the last 3 months, .... and possibly going forward ?


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To: bruwin who wrote (1704)1/10/2012 1:11:32 PM
From: Sergio H   of 3043
 
Hi Bruwin. Thanks so much for keeping track of that list. It really is surprising to see how well the group performed. In all fairness to CB, he had a longer time period in mind for Alcoa.

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To: Sergio H who wrote (1705)1/10/2012 1:48:23 PM
From: bruwin   of 3043
 
I'm pretty sure CB (Clownbuck) had good reason to choose AA. He's a very canny investor, IMO !!

Unfortunately there's no record of any discussions that took place at 'Value Investing' when you first posted your challenge regarding those 10 stocks. Therefore I was interested to know what the reasons were for CB to choose AA. As you say, he may very well have had a longer time frame in mind.

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To: bruwin who wrote (1703)1/10/2012 4:16:23 PM
From: Dr_of_Microcaps   of 3043
 
And it's Total Market-Capitalization is just what?

<eom>

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To: bruwin who wrote (1696)1/10/2012 10:19:52 PM
From: ValueGuy   of 3043
 
Yes its been topsy turvy to say the least! I'm not active on the markets nowadays as like you, a lot of my holdings are in cash now, just interesting to sit on the sidelines and watch the markets rise up and down.

I'm mostly inclined to index investing now, and my horizon has shifted to 20 years, so I'm hoping that in that time, with regular contributions and buying on major dips, I would end up with a bit more money! (of course, a very small part of my portfolio will still be active of course!)

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