Security Analysis
I’m guilty of randomly opening to pages of Security Analysis by Ben Graham and reading a few of them before bed every night. This night, something was different. Chapter 41: A study done by the Business school at the University of Chicago came upon 2 conclusions: 1. Low-price stocks tend to fluctuate relatively more than [...]
$DJSP $CNAM $LPIH $PSEC $TBT $GLD
Back when I was growing up as a Hoosier in Indiana, I frequently played this basketball game called “Around the World.” Basically, you shoot 3-pointers as you work your way around the 3-point line. I wanted to use this concept to illustrate how easy it is to build a portfolio of undervalued companies if you’re [...]
My Brief Thoughts on Money
Feel free to disagree with me, but I’m just going to assume from the start that you want money. Given the two options of wanting more or less money, most people want more. That’s a lousy argument for me to use for justification, but it helps to have assumptions like this. So, I’m asked a [...]
$$ Not surprisingly, mass media doesn’t want to publish this one.
Hey, I’m Glen Bradford and I could be on your team. I specialize in questioning everything, taking nothing for granted, valuing thousands of different opportunities, and picking the best ones to put my money into. I guess I must be pretty good at this, cause it’s paid my college from scratch, allowed me to write [...]
How Not To ‘Lose’ Money
I made it through the crash of 2008 without losing money for anyone that I was working with. I want to enable you to see things as I do, logically. When most people bet on what’s going to happen, they don’t stack the payout in their favor. I’ve been making my living by determining what [...]
$DJSP $DJSPW — YEE HAW
DJSP Enterprises (DJSP), one of the largest providers of processing services for the mortgage and real estate industries in the United States, today had its Q1 conference call after announcing results last night. They lowered their full year guidance and since then, the stock has fallen over 25%. I want to use this opportunity to [...]
Wake up America $$ $CHK $GU $LPIH $CNAM $DJSP $LTUS $CNX
Wake up America By Glen Bradford I’m an MBA now. That means that everything I say is a fact, right? In the last few years, I started with less than nothing and essentially graduated into early retirement. It’s been a while since you’ve heard from me. In that time, I’ve had several incredible learning experiences [...]
Getting cheaper, time to go to work $$
I’m the type of person that mostly doesn’t do anything until prices start getting slammed, at which point it’s my priviledge to be on a position where I get to use my skills to sort through as many companies as I can to find the stocks that are getting slammed the hardest and have become [...]
Understanding Incentives
Well, I am pretty sure that I’m graduating at this point. Hurray for me. Grades are in and somehow my teachers passed me. This would have never happened in undergraduate school, where they grade you on your ability to perform. Engineering was fun. Everything made sense. Anyway, I went through my entire college career’s grades [...]
Market Sentiment $OIL $$ $SPX
I wrote this as a reply to a post on a forum, but figured it’s worth sharing here too. There are days at which the most undervalued stocks become cheaper. How else do you think we got to price levels like we saw last year around this time. Irrationality can and may persist for long [...]