Posts in the “investing” category

A simple way to show many stock quotes and charts

Many moons ago I thought I wrote an AppleScript script named GetStockUrls, whose sole purpose was to open many webpages from finance.yahoo.com at one time. I could run that script, then easily look at the stocks I owned.

Today I found that script on an old Mac computer, and when I did that I saw that I didn’t write it with AppleScript, but instead created it with the Mac Automator. This image shows all you have to do in the Mac Automator to achieve this result. On my current Mac this script opens the Safari browser and opens each URL shown in a new tab. I can then move between the tabs to see what I want to see, quickly and easily.

This image shows what the result looks like in the Safari browser:

Warren Buffett: If you could invest in one classmate ...

I found this Warren Buffett quote in this Inc. Magazine article back in 2018:

“If you could invest in only one of your fellow classmates, who would you choose? If you could buy, say, 10% of the future earnings of just one classmate, who would you choose? What would you look for?”

The idea is that you won’t just necessarily look at raw IQ, you’ll look at other personality attributes, such as drive, ambition, and hopefully other attributes like honesty and integrity.

As an investor the only thing that matters is ROI after taxes

An investing company just sent me a very long email filled with hundreds of words and a dozen or more shiny pictures to show how successful they are. Not once did they mention what their return on investment (ROI) was for their investors — which is the only thing that matters.

As an investor, the only thing that matters to you is ROI after taxes; keep your eye on that ball, not the shiny pictures or fancy words.

A “Warren Buffett Way” cheatsheet

This is a bit of a “one off” post for this website, but I’ve been investing a lot lately, and I created the following “Warren Buffett Way” cheatsheet to help me when deciding to invest in a company, or not.

As that title implies, this cheatsheet is based on the wonderful book, The Warren Buffett Way, by Robert S. Hagstrom, Jr.

Eight stocks with share repurchase programs

I just ran across this chart from Morningstar that includes eight stocks with share repurchase programs. In general, I’m a fan of buying the stocks of companies that have share repurchase programs, but, you also have to look into the details of how and why they’re doing this, and you also have to understand the business behind each company. For instance, I’ve never heard of LB, so I looked them up, and I have no interest in investing in an apparel company, so immediately I scratch them off.

Other companies like CAH, MCK, and CVS (who suspended their share repurchase program to buy Aetna) are currently beaten down because of the threat that Amazon will enter their business space, so my first thought is that they’re buying back their stock because it’s at a significant discount. But again, you also have to look into their financials to see how they’re buying back their stock — is it from cash flow? Or are they borrowing money to buy their stock, and if so, how long will it take to pay off those loans?

Warren Buffett has become a lot better investor since the day I met him

“Warren Buffett has become one hell of a lot better investor since the day I met him, and so have I. If we had been frozen at any given stage with the knowledge we had, the record would have been much worse than it is today. So the game is to keep learning, and I don’t think people are going to keep learning who don’t like the learning process. You need to like the learning process.”

This is another quote by Charlie Munger. It reminds me both of working on good programming teams, but also of learning from people that I haven’t enjoyed working with, but learned things from.

Good investing quotes from Warren Buffett and Charlie Munger

“A business that can grow its intrinsic value at 12 to 15% over an extended period of time will create tremendous wealth for its shareholders over time.”

“Long-term competitive advantage in a stable industry is what we seek in a business. If that comes with rapid organic growth, great. But even without organic growth, such a business is rewarding.”

That’s just two of the many good quotes about investing on this valuewalk.com web page. (Features quotes from Warren Buffett and Charlie Munger.)

Buffett-style investing as a three-legged stool

This is a good quote about Warren Buffett-style investing:

They like to liken their process to a three-legged stool in terms of the kinds of companies they look for:

  • The first leg of that stool is the business model that produces high free cash flow
  • The second leg is shareholder-oriented management
  • And the third leg is the ability to invest that high free cash flow in areas that will produce attractive rates of return

The quote comes from this Morningstar page. That description is consistent with what you’ll find in books like The Warren Buffett Way and The New Buffettology.

A collection of Warren Buffet quotes

I’ve been an active investor in the stock market for the last seven years, and everything I've learned can be found in the wonderful book, “The Warren Buffett Way.” Today I’d like to share wonderful quotes from that book, along with many other wonder Warren Buffet quotes.

How to invest in artificial intelligence and robotics

If you’re interested in investing and would like to somehow invest in “artificial intelligence” and robotics but don’t know how to get started, take a look at the ROBO and BOTZ ETFs (exchange-traded funds). You can either invest in those ETFs, or do your research on them to see what underlying securities they invest in.