The Intelligent Investor - The Definitive Book On Value Investing

Pair 8: Whiting Corp. (materials-handling equipment) and Willcox & Gibbs (small conglomerate) This pair are close but not to ...

assets for the common, sold at about four times the aggregate value of the other. The higher-valued company was about to report ...

of industrial sewing machines. During the past decade it adopted a policy of diversification in what seems a rather outlandish f ...

transportation companies, and financial enterprises do not appear. But they vary sufficiently in size, lines of business, and qu ...

general. Whether the specific differentials in price/earnings ratios are “justified” by the facts—or will be vindicated by futur ...

fluctuations of McGraw-Hill common stock for the period 1958–1970. It will be noted that in each of the last 13 years the price ...

COMMENTARY ON CHAPTER 18 The thing that hath been, it is that which shall be; and that which is done is that which shall be done ...

kitchens and had been publicly traded for 30 years. Over its last four quarters, Sysco served up $17.7 billion in revenues—almos ...

earnings over the previous six months came not from its busi- nesses, but from tax breaks on stock options exercised by its exec ...

a 63.6% gain in five trading days. Yahoo! kept whooping along through year-end, closing at $432.687 on December 31. In a single ...

Meanwhile, Yum! went begging. A former division of PepsiCo that runs thousands of Kentucky Fried Chicken, Pizza Hut, and Taco Be ...

designs Internet “exchanges” for corporate purchasing departments) showed assets of just $385 million and reported a net loss of ...

default rates tend to jump in a recession—but its stock price reflected at least some risk of potential trouble. What happened n ...

each 3Com share was entitled to receive 1.525 shares of Palm each share of Palm closed at $95.06 1.525
$95.06 = $144.97 That’s ...

PAIR 5: CMGI AND CGI The year 2000 started off with a bang for CMGI, Inc., as the stock hit $163.22 on January 3—a gain of 1,126 ...

stocks stopped rising in price, then went straight down. No longer able to sell them for a profit, CMGI had to take their loss i ...

by nearly 21% per year. And in 2001, Stryker had spent $142 million on research and development to lay the groundwork for future ...

net sales) had risen by almost a third from 1.9% to 2.5%. And Nortek had cut overhead from 19.3% of revenues to 18.1%. To be fai ...

Besides a cool name and a hot stock, what did Red Hat’s investors get? Over the nine months ending November 30, the company pro- ...

What have we learned? The market scoffs at Graham’s principles in the short run, but they are always revalidated in the end. If ...