July 16, 2007 by Joe Ponzio

Earnings. The Golden Child of Wall Street. You can’t talk about a “growing” company unless you qualify your rant with a discussion of earnings. In fact, earnings are the basis of nearly every one of Wall Street’s tests to determine whether a company is healthy and whether or not it…

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July 14, 2007 by Joe Ponzio

In Part 1, shortly after my brother, Ben Ponzio, won a World Series of Poker bracelet, I decided to draw a comparison between poker and investing. In reality, the similarities are scary. If you are great and one, you can (and should) be absolutely great at the other. The traits…

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July 13, 2007 by Joe Ponzio

You can’t argue Warren Buffett’s past. The man is an investing genius and has made millions upon millions of dollars for his investors over his 50+ year investing career. As he continues to discuss his retirement, make plans to pass on his fortune, and search for a replacement, one must…

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July 12, 2007 by Joe Ponzio

Okay. I gave you Johnson & Johnson. I analyzed the less-than-stellar 0.89% average annual return Coca-Cola has provided investors from 1996 to 2006. I’ve even talked about how easy investing should be if we follow Warren Buffett’s lessons. Still, you have asked for something more exciting-a smaller company offering the…

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July 12, 2007 by Joe Ponzio

One thing that Wall Street wants you to believe is that you have to get your money into the markets today-or you are never going to retire the way you hope to. Why? How else will they get you to buy their investments today? In reality, you have time. You…

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July 12, 2007 by Joe Ponzio

It is not easy running a new blog. Being just 17 posts young, F Wall Street has had more than 28,000 hits, has been reprinted on Yahoo! Finance, is quoted on CNBC’s Buffett Watch, and more. Of course, there aren’t enough posts to satisfy everyone’s curiosity or interest, so I…

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July 11, 2007 by Joe Ponzio

Conventional wisdom on Wall Street says that you should definitely reinvest any dividends you get. Then again, look how well Wall Street’s conventional wisdom has done for you over the years. If you are blindly speculating in stocks or putting money into Wall Street’s mutual funds, reinvesting your dividends may…

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July 10, 2007 by Joe Ponzio

If you bought Coca-Cola (ticker: KO) on January 2, 1996 and held it through December 29, 2006, you would have had a 10% gain, or about 0.92% average annual return for ten years (when factoring in dividends). Sure, you would have had some big ups and downs, but stock prices…

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July 9, 2007 by Joe Ponzio

Back in May, Todd over at ValuePlays threw out a challenge to his visitors-explain why Buffett is no longer investing 10%, 20%, or more of Berkshire’s assets into any one company, like he did with Coca-Cola in 1988. With all due respect to Mr. Buffett’s track record, Todd has a…

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July 7, 2007 by Joe Ponzio

On June 17, 2007, my brother won a World Series of Poker bracelet, nearly $600,000, and a spot in poker history. As my family and I watched the final table online (thanks to Bluff Magazine), I could not help but think about the amazing similarities between poker (in this case,…

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