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Sales Desk – US  877.701.2883
Sales Desk – International  +353 1 525 9677
Pfizer Aims at Lower Tax Rate as Share Buybacks Continue By Drew Armstrong For more information go to www.bloomberg.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of
In our business, we like to say that insider transactions never lie. For this reason, one of our eight criteria for selecting common stocks is strong insider ownership, preferably with recent purchases. Additionally, as contrarians, we want to make our original purchases in a business at a time when most investors are scared to buy for one reason or another. When we see officers, directors and substantial existing shareholders of a business buying at prices which are temporarily depressed, we raise our confidence in the long-term future of a business.
Icahn Wants eBay To Spin Off Its PayPal Business By Alistair Barr For more information go to www.usatoday.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future
EBay Says Icahn Proposes PayPal Spinoff, Board Nominees By Brian Womack For more information go to www.bloomberg.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.
In his 1980 book, Contrarian Investment Strategy, David Dreman opens with an analogy comparing the stock market to a casino with two distinct sides. The “red” room has lots of action and an occasional player striking it rich quickly. In effect, you become royal. Unfortunately, most of the players leave without the money with which they entered, because the house has the odds stacked heavily in its favor. The other side, the “green” room, was very quiet with numerous players slowly stacking up a large pile of chips and most of the players winning. The odds were stacked in their favor against the house, but nobody ever ordained them to get rich quickly.
Upstart Managers School Sage of Omaha By Anupreeta Das For more information go to www.online.wsj.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results. The securities
Wells Fargo Ends 2013 as America’s Most Profitable Bank By Antoine Gara For more information go to www.thestreet.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future
Since our thinking is always dominated by owning businesses which meet our eight investment criteria in a long-duration time frame, we continue to remain vigilant of the circumstances around us. To that end, we thought it would be helpful to review a similar historical situation and glean a feel for what was wise behavior back then and what might be wise behavior as we look forward to the year 2014.
Healthy market correction? Here’s how to play it Squawk Box Europe hosted by Steve Sedgwick, Karen Tso and Carolin Roth To read the full story go to www.cnbc.com. Â The information contained in this tv appearance represents SCM’s opinions, and should not be construed as
Merck Turnaround Is Working Out Well By Johanna Bennett For more information go to www.barrons.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results. The securities
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