December 10, 2009 by Joe Ponzio

Sorry folks. I’ll be back soon. PROMISE! I appreciate your patience! -Joe

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September 28, 2009 by Joe Ponzio

I often tell clients and investors: “If I can find one or two opportunities a quarter, I’m ecstatic.” As we close out the third quarter of 2009 in a few days, I’d like to share with you some of the investments we’ve made. As I mentioned in this post, I…

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September 3, 2009 by Joe Ponzio

I wanted to write a quick post about an interview I recently did with Miguel Barbosa of Simoleon Sense. Miguel’s is a great blog that covers a number of aspects of financial behavior and psychology. You can find part 1 here, and part 2 of the interview here. It shouldn’t…

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August 7, 2009 by Joe Ponzio

On the heels of yesterday’s article, I received an e-mail from a friend this afternoon asking me about my thoughts on inventory turns and profit margins. To paraphrase: The math doesn’t work right, as the inventory turns don’t affect the profit margins each year. I didn’t do a good job…

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August 7, 2009 by Joe Ponzio

It’s been quite a while since I’ve written an article, and for that…I’m sorry! The past few weeks have had me extremely busy – reading, researching, and ripping apart companies. We’ve made a few investments this quarter, but I haven’t had time to write about any of them here. Sadly,…

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June 18, 2009 by Joe Ponzio

As I mentioned in this post, I got rid of DBB – the base metals ETF. Admittedly, I’m hanging my head in shame – not because we lost money (actually, we made money) but because I made a stupid judgment mistake that cost us opportunity. (Fortunately, there’s a lesson in…

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June 2, 2009 by Joe Ponzio

I can’t believe that it has been nearly two years since F Wall Street was originally launched on June 25, 2007. And what a two years it has been! Since our launch, we saw the S&P 500 climb to an all-time high in October of 2007, only to watch it…

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May 18, 2009 by Joe Ponzio

If you’re more into video and audio than reading my long-winded blog posts, below are two interviews I did recently. For my video lovers, here’s a link to a TV interview I did on First Business. It aired nationally on Wednesday morning. Below is another clip from WBBM’s Noon Business…

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May 1, 2009 by Joe Ponzio

I’m heading out to Omaha for the Berkshire Hathaway annual meeting. Though I’m still trying to figure out Twitter, I’ll do my best to post updates on my Twitter page here. If you’re going to be in Omaha, drop me a line via e-mail and we’ll meet up.

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April 27, 2009 by Joe Ponzio

There is no discounted cash flow method for commodities. They don’t pay dividends or bear interest rates; they don’t generate cash. Long-term investing in commodities is all about finding opportunities where supply and demand are out of balance and the price is low relative to where it “should” be on…

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