Archive for February, 2008

16 Feb

Don’t get discouraged by Rule One

Have you finished reading Rule #1 Investing by Phil Town? Have you started searching for a stock that’s under the MOS? Are you starting to get frustrated that you haven’t found anything that meets the Rule #1 requirements? Here’s a few tips and tricks to ensure that you don’t give up on the rule one [...]

13 Feb

Sports and Recreation Stocks

I’m taking a close look at the stock list that I created from last post about creating a meaningful stock list.  I’m going to go through the specific stocks and eliminate stocks that don’t fit the Rule #1 criteria.  The criteria I’m using are 7 years+ of history 10% Return on Investment Capital (ROIC) for [...]

11 Feb

Creating a Meaningful Stock List

This is part two of my posts on the three circle exercise. In the first part I did the exercise of writing things that I’m passionate about, am good at and spend my money on. From the results I found that companies with meaning would be companies that deal with sports, travel, cooking. In addition, [...]

10 Feb

Three Circles Exercise

In the Book Rule #1, Mr. Town describes a method to find stocks that have meaning to you. He names the method the three circle exercise. The idea is you put things you’re passionate about, talented at and spend money on, in three circles. You then analyze what is overlapping in each circle and pick [...]

07 Feb

Analyzing my first two trades

Since selling my Lowes stock I’ve been searching for another great company to buy. However, since I’ve completed my first two trades I thought a little reflection is necessary. First off, don’t get me wrong I’d love to own Lowes (LOW) forever. However, the big guys are weary about this industry right now. This is [...]

05 Feb

Sold LOWES – small profit

I’ve been watching the technical indicators carefully since analyzing and buying Lowes (LOW) stock. It’s not that I’m super worried about my calculations as my sticker price is in the range of $32-42. The stock is no where near these values, however, the market is so volatile right now that it could drop quickly and [...]

04 Feb

Exposing yourself to uncommon stocks

An easy way to expose yourself to stocks that you don’t really know exsist is to find a movers and shakers list. This is a great way to find a group of stocks that you may or may not be familiar with or are in a different industry then you typically follow. The drawback of [...]