Tips by Tom Murcko
Investing in innovative companies can be dangerous. The business model isn't yet proven, and innovation is expensive and hard. And the company that's...
Tags: technology, innovation
When Democrats are in control of the White House and Congress, there are three factors which cause stocks to be slightly less intrinsically valuable...
Tags: politics
Nearly all companies use unrealistically high pension plan return assumptions to inflate their reported earnings, so for any company that has a large...
There are thousands of self-proclaimed investing pundits. But it's much easier to talk a good game than it is to actually have a good game. Most of...
Tags: gurus
If you look at long-term data, actual net earnings tend to be, on average, about 10% less than reported operating earnings. The difference is...
The Black-Scholes options pricing method isn't an accurate way to evaluate an option if you understand the underlying company well. Black-Scholes is...
Tags: options, Black-Scholes
Over the long term the U.S. dollar will probably continue to get weaker against other currencies, because the U.S. currently exports 12% of GDP, and...
Good ideas often cluster together: same time, same sector, same asset class, etc. If you find a investment you like, take a look around at similar...
Tags: strategies, investing strategies
Since growth companies retain most of their earnings, slowly increasing earnings per share is to be expected, not something to be praised, since the...
Tags: earnings, return on equity
When one company dominates a market, their growth rate is limited to the growth rate of the overall market, unless they can invade new markets....
Tags: market share, growth