Tips by Tom Murcko
The best time to buy is when market forces are systematically causing a temporary drop in prices for one stock or the overall market. Examples include...
If institutional investors want to buy a company because it's about to spin off an undesirable part of the business, they'll usually wait until after...
Tags: spinoffs
Don't trust the regulatory agencies to do their jobs, and don't trust the credit rating agencies either. Neither group looks closely enough to really...
There are two fundamentally different ways to pick stocks that sometimes get grouped together. One is to foresee the future better than others and...
Tags: stock picking
Warren Buffett recommends avoiding IPOs, for the following reason: "It's almost a mathematical impossibility to imagine that, out of the thousands of...
Tags: IPO, Warren Buffett
In general, stock buybacks are a positive sign, because they usually mean that the company has more cash than it needs to operate, and that management...
Tags: buybacks
Only that which gets measured gets improved. So record your rationale for buying each stock you buy, then check back to see how your picks performed...
Tags: stock picking
Value investing, contrarian investing, and distressed or special situation investing are techniques that tend not to work well for teams of fund...
The widely reported Dow Jones Industrial Average is not an accurate measure of the market and is so widely reported only because of branding,...
Don't blindly believe the GAAP numbers. GAAP can be intentionally or unintentionally misleading. Focus more on actual cash flow. It’s hard for a...