Tony discusses the latest movements of “Doctor Copper” and explains why that’s important; we talk about CAPE & Kelly and TK explains his recent analysis; and we answer your questions about how we should take into account a company’s level of debt; giving a stock extra points if it is significantly below its Intrinsic Valuation; fudging the buy line for IGN; KCN being cash flow negative; ranking companies higher measured by return on shareholder capital; estimating future profits of growth companies who stop spending money on marketing; and the Health Ratios for MQG.
IF YOU WANT TO GET THE MOST OUT OF THE SHOW & LISTEN TO A MULTI-MILLIONAIRE INVESTOR TALK TO YOU ABOUT HOW HE THINKS ABOUT STOCKS FOR A FULL HOUR EVERY WEEK….
Michael Goldberg from Collins St Value Fund joins us again to talk about how they are managing the current market. This interview was conducted on June 8, so please take that into account.
This is “the white-knuckle part of the cycle”. Portfolio update. Iron ore and gold charts. Stockhistory v Stock Doctor prices. GMA and mortgage issuances. The milk stool legs. RBA and inflation. Small rods is WAY down. Wash-selling. PE contraction. Pulled pork on WDS. Benching Michael Jordan. UPST. Lots of Rule 1 questions. Buying a “wonderful company at a fair price” and ignoring sentiment.