The Altman Z score is useless.
It’s outdated.
It no longer works.
That’s what these reports argue. They say that the Altman Z Score is dead and here is an honest limitation of the model.
And another really good pdf report on why the Altman Z model does not work for turnaround companies. Really?
When it comes to doing a liquidity or solvency analysis, using the cash flow statement and cash flow ratios is a much better indicator than using the balance sheet or income statement ratios.
Gross margins are important but it doesn’t tell you whether a company can survive or not.
The PE isn’t much help too.
Unfortunately, cash flow statement analysis gets pushed down to the bottom of the to do pile, but not here. Read on.
A stock portfolio tracker using Google Drive with advanced functions than your average tracker. Get it for yourself.
A project that I’ve always had, was to improve on my stock portfolio tracking spreadsheets.
During this time, I’ve probably used 10 or so different portfolio trackers, but nothing met my needs. I don’t do complicated transactions, but still, nothing could really satisfy me.
But those four long years have passed, and I believe I finally have a version that will serve my needs and fulfill its purpose for a long time.
Hot markets, cold markets, and everything in between.
Cheap net net stock will continue to exist.
The quality of net nets change depending on the market temperature, but they are there – like hobbits hiding in the roots of trees.
As I showed previously, one way to gauge market sentiment is to leverage the number of net nets existing at any one time.
A simple and very clear indicator of when a market is cheap and when it’s not.
Investing in net nets was my bread and butter back in 2008-2010.
I call it the glory days.
Everything was so darn cheap, it was like taking candy from a baby. Not that I would know.
The glory days are long gone and I eagerly wait for the next.
I love net nets because they are easy to invest. It’s an objective approach to investing. You don’t have to think about a narrative or future earnings power. Barely have to do any complex valuation or what if analysis like what we do with EBIT multiples valuation.
Good news. NNWC and NCAV is now available via the OSV screener and included under “Valuation”. This bull market makes […]
Not long after I started old school value in late 2008, I started posting free stock screeners and published weekly stocks based on various value strategies.
They are still available for ideas, but we are outgrowing it fast, and over the past few years, they haven’t performed well.
With the introduction of our premium screener at OSV Online App, we’ve been busy adjusting and adding value screens to uncover market beating stocks.
Buffett has clearly fallen out of love with Wal-Mart with his ownership now at 1.4M shares – making up 0.04% of his portfolio.
You don’t allocate 0.04% of your portfolio to a stock you have a lot of faith in.
Why is Buffett selling and are you wasting money on Wal-Mart?
On the surface, retail is easy to understand.
Sometimes I’ll go to YouTube and look up a past episode of American Idol or something similar for a good laugh or inspiration.
On this day, I come across a video it happened to be a young lad coming in for an audition.
He has a great voice, bellows out a fantastic tune and nails it.
Or so I thought.
20 balance sheet ratios to help you determine the financial health of a company & includes a PDF download.
We are driven to provide useful value investing information, advice, analysis, insights, resources, and education to busy value investors that make it faster and easier to pick money-making value stocks and manage their portfolio.
