May 29, 2008 by Joe Ponzio

On October 15, 2007, I took a look at Nutrisystem (NTRI) about two weeks after a 25% drop. Running a fairly conservative analysis (in my opinion), I pegged the company as a $38 or so company. Add in a little uncertainty and a 50% margin of safety, and I said…

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May 14, 2008 by Joe Ponzio

Thanks all for your kind words. Amazingly, my brother should make a full recovery after three and a half weeks in the hospital (including two weeks in intensive care). Without going to much into detail, he was blindsided by severe pancreatitis which almost ended his life. Thanks again for your…

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March 5, 2008 by Joe Ponzio

In late July, I posted an analysis of Amylin Pharmaceuticals (AMLN) that was not exactly a favorite of Michael’s. I figured that my response belonged in a post rather than in the comments because it was more of a “noise vs. news” debate, and Michael responded in turn with some…

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February 1, 2008 by Joe Ponzio

On Wall Street, growth and value are anything but joined at the hip. Stocks are typically split into two groups: growth and value. When a growth stock gets hammered down, it becomes a “real bargain” growth stock; when a value stock drops in price, it is a “better value” at…

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December 19, 2007 by Joe Ponzio

The retail sector has been getting crushed lately. Though that breeds panic in most, it presents wonderful buying opportunities for long-term investors. Let me preface with this: I have heard it grouped in the same conversation with sub-prime loans. Are we really to believe that people will stop shopping? Can…

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December 2, 2007 by Joe Ponzio

Valuing companies and looking for deep discounts is pretty boring. For the most part, companies are generally priced right around their intrinsic business value which makes finding steals a difficult and often disappointing venture. In fact, it would make for a fairly boring TV show-even if you had bells, whistles,…

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October 23, 2007 by Joe Ponzio

It is no secret that Buffett tends to shy away from technology companies. One one side, people say he simply doesn’t understand them and can’t predict the future with any degree of certainty or comfort; on the other side of the fence, people say the industry changes too fast and…

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October 15, 2007 by Joe Ponzio

Is the Nutrisystem drop old news? In the stock market, you’d have to say yes because things happen so quickly. Still, we can learn lessons from virtually every event in the market. Once we get through the noise and look at the business, things begin to make a lot of…

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October 12, 2007 by Joe Ponzio

One of Mohnish Pabrai’s favorite quotes goes something like this: Heads I win; tails, I break even or don’t lose much. When it comes to investing in the stock market, that seems like an ideal to strive for. Let’s examine some worst case scenarios in owning pieces of businesses.

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September 24, 2007 by Joe Ponzio

Thanks all for your feedback-both in comments and e-mails. Let’s start from the top: Babui asked for more examples on how price follows value and how buying and holding through drops can still allow you to come out ahead. Today, let’s look at another example: Procter & Gamble.

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