tag:blogger.com,1999:blog-2149523431587168680.post7362874430295305081..comments2024-01-16T00:12:23.220-05:00Comments on Oddball Stocks: The language of investingNate Tobikhttp://www.blogger.com/profile/05660387777171986124noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2149523431587168680.post-68087942792259933582014-05-13T00:20:40.036-04:002014-05-13T00:20:40.036-04:00great article. I think the more u know about inves...great article. I think the more u know about investing the more it is about understanding competitive situations and less about numbers and simplistic valuation tools (learning words in your metaphor).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-52845939522205750692014-05-06T13:45:38.119-04:002014-05-06T13:45:38.119-04:00I've heard similar things on conference calls....I've heard similar things on conference calls. One call the CEO said to an analyst "I know you have models you need to fill in, I'll email you the numbers."<br /><br />Sometimes the institutional advantage is an institutional disadvantage.Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-63710182001237743382014-05-06T13:43:44.336-04:002014-05-06T13:43:44.336-04:00Laura,
Thanks for the comment, this looks like th...Laura,<br /><br />Thanks for the comment, this looks like the type of stock in my wheelhouse. I'll take a look and probably do a post on it. The metrics look great!<br /><br />NateNate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-11420113645243347472014-05-06T13:42:54.652-04:002014-05-06T13:42:54.652-04:00I think the best way to become fluent is through p...I think the best way to become fluent is through practice. Research more stocks, value more stocks, and learn!Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-32178040351502729082014-05-06T13:40:50.325-04:002014-05-06T13:40:50.325-04:00Wow, thank you, much appreciated.Wow, thank you, much appreciated.Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-72926060835237800132014-05-06T13:40:40.886-04:002014-05-06T13:40:40.886-04:00Thanks!Thanks!Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-79403426046395961512014-05-06T07:04:09.845-04:002014-05-06T07:04:09.845-04:00Hi there,
I am a value investor and I have been f...Hi there,<br /><br />I am a value investor and I have been following your blog. <br />I would like to congratulate you for your analysis they have been very helpful<br />I invested in a company that semms to be bargain, although I would like to have your opinion.<br /><br />AUSTRALIAN VINTAGE LTD (AVG)<br />The company produces and exports bulk and bottled wine, and is the second largest vineyard owner and manager in Australia<br />P/E forward: 6;<br />p/B: 30% (a net-net stock);<br />Although the margins, ROE, RIC are very low and the demand for wine has been decresing in important markets, like china.<br /><br />I made the investment considering the amasing multiples (p/b, p/e) but the margins are not a great indicator.<br />Can you give me your opinion?<br /><br />Laura<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-53690249811209435822014-05-06T05:57:43.192-04:002014-05-06T05:57:43.192-04:00Great insight Nate. Forgive me if I'm asking t...Great insight Nate. Forgive me if I'm asking the obvious but how does one then get fluent at investing? How does find their writing style and move away from Dixie cup details?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-36383511611440821312014-05-06T04:36:33.319-04:002014-05-06T04:36:33.319-04:00Very well said, I will be pointing to your article...Very well said, I will be pointing to your article in the future. On a few occasions, I have tried explaining why a stock is undervalued only to receive feedback that the stock is risky for that exact reason.Joshhttps://www.blogger.com/profile/12028228587020987588noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-19401418974830485242014-05-05T23:24:44.673-04:002014-05-05T23:24:44.673-04:00I agree, great post. I second you observation rega...I agree, great post. I second you observation regarding conference call questions. A lot of them are about minutia that have little to do with an investment thesis. I remember on CC transcript where an analyst asked about a cost estimate for an new initiative to fix customer service issues. The founder was evasive about that and basically stated that it takes what it takes. The analyst in desperation just said : " We are here to get numbers to plug in our models!", which says really all you need to know about the motiviation behind those analyst questions.Clownbuckshttps://www.blogger.com/profile/10229774833219054115noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-68517818651413294672014-05-05T21:31:51.007-04:002014-05-05T21:31:51.007-04:00Nate, this simple post is definitely the best gene...Nate, this simple post is definitely the best general investment reflection/insight you have had in the last 3 years or so. The other reflections pale in comparison. The analogy is excellent. Well done.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-30043950037562528322014-05-05T16:42:17.565-04:002014-05-05T16:42:17.565-04:00As usuale Nate, great post! Love reading them. As usuale Nate, great post! Love reading them. Jonashttp://www.vardebyran.senoreply@blogger.com