Whopper Investments analysis of Dairy Queen (DQ), and a course from a CFA

Whopper Investments analysis of Dairy Queen

I suggest everyone go over to whopperinvestments.com to see the analysis he did of DQ before Warren Buffett bought it.  The first link is WI’s reader’s analysis and valuations.  The second link is Whopper’s analysis and valuation.

I especially think we should learn from Whopper’s, Red’s, and ABVs’ analysis and valuations as those are the best in my opinion.  Pay attention to how they think about DQ, and the reasons they gave for why DQ was such a great business to buy.

Course from a CFA and author

I have to admit I have not checked this guy out yet so I cannot vouch for the quality of either this course he is offering or the book he wrote.  However, I thought I would put this up here in case anyone wanted to take his course.  The information about the course and the link is here.

Please let me know what you think of the course and the book if anyone decides to look into them.

Treasure Trove of free books

Treasure Trove of free books

I mention csinvesting.wordpress.com quite a bit on this site and for good reason.  Not only does it have amazing analysis and teaches you how to think better about companies and investments.  He offers through his free Value Vault, books, videos, lectures, articles, etc from some of the greatest investors in the world.

Today John put up on his site 32 books/writings on his site that got donated to him from an anonymous contributor, all of which can be downloaded for free.

Some of the included books and writings are investment classics such as The Intelligent Investor, Security Analysis: 1940 edition, and Margin of Safety.

The books are in the categories of: Business Strategy, Investment and analysis, Valuation, Accounting, and Economic history.

Thank you so much John and the anonymous contributor, I am now going to have to upgrade my Dropbox account here very soon.

Here are the links.

Part 1

Part 2

Part 3

Part 4

An Amazing Free Offer, More Vivendi News, and Investing Lessons from a stock up almost 1500% since 2002

Free offer from the Manualofideas.com

The Manual of Ideas put out a free offer of their monthly publication.  I had never heard of them before but the information in the free publication is incredible.  Manual of Ideas gives investing ideas, goes over valuation and analysis of those companies, giving three different valuations of the companies, talks about the risks of the company going forward, and shows you holdings of top hedge fund managers that you could get more ideas from.

At the very least I highly recommend that you should download the free publication to get some ideas to research, and look at how they value and analyze companies to see what we could all be doing better and what we might be missing from our analysis.

Too bad that if you like MoI, which I do a lot, is pretty expensive if you want to subscribe to it.  The price for one year of subscription to the regular monthly publication is just under $1300.

I will learn from the free publication and when I am able to start my own firm or work for someone else, this is going to be one of the first things I buy to get ideas from.

More Vivendi News

This article on Vivendi again talks about which of their businesses they should sell or spin-off and lists some of the companies that they are talking with about the potential sale.

The main thing that caught my eye is that they are talking with Microsoft to see if they are interested in buying Activision Blizzard.

Any reasonable sale of ATVI would be good for Vivendi shareholders.  However, the only way Microsoft buying ATVI could be good for the console gaming industry would be if it meant some kind of gaming merger between the Playstation and Xbox brands, eventually leading to a one console future, and the gamers winning out.

Most likely though, if Microsoft were to buy ATVI that would probably lead to Sony having to buy EA, and each company trying to acquire the best gaming companies they could to keep them out of the hands of the other.  A very bad scenario for the gamers.

Sony and Microsoft have been pretty antagonistic to each other over the past decade when it has come to their consoles, so although I hope there is some kind of console merger with a one console future, at this time I do not see that happening.

Lessons from a 15-bagger

This article is from the Motley Fool and goes over some of the original reasons they bought Amazon in 2002 and how since then the stock is up almost 1500%.

Any stock pick that goes up by that amount should be analyzed and learned from.

Feel free to post your thoughts.  Enjoy

Update on what I am doing, an aritcle on ALEX from a CFA, and two free digital magazines

What I am currently doing

I have been researching a new company and just finished up the valuations today.  It is a boring company that most have probably never heard of, which I like, has good margins, no debt, decent amount of cash, and best of all the company is currently valued about where I could be a buyer.

I still need to finish up my research and hope to have an article up within the next few days on this promising company.

I have also been looking through some of the sites from Jae Jun’s free digital magazine that I posted about yesterday, and have found a lot of good information.  I am going to incorporate some of the sites into my daily reading and hopefully I will not only learn a lot, but maybe even find some potential companies to research and invest in.  Again, I encourage everyone to at least look at the magazine to find some great investing, search, and analysis websites.

Alex article from a CFA

A CFA is a Certified Financial Analyst. The CFA designation is incredibly hard to get and the last time I checked there were only either 100,000 or 200,000 in the entire world.  They generally know what they are talking about.  The article talks about ALEX and how he has been an owner since before the spin-off, and that he is very interested in the post spin company mainly for the real estate assets they hold.

The writer pretty much comes to the same conclusion about ALEX that I stated in my two articles about ALEX, here and here.  I am just putting his article on the blog because it lets me know that I am doing something right if I come to the same conclusions as a CFA.

Two more free digital magazines

The first free magazine is the Valuewalk Daily.  It aggregates information about world news, business, the economy, investing, etc.

The second free magazine is from the CFA Institute.  It mostly talks about things that are going on in the investing world, companies, analysis, the Chinese economy, etc.  Looks to have some very valuable information in it.

I hope you enjoy.

Great post I found: Interview with the Giants of Investing

Here is a great post from oldschoolvalue.com, hope you enjoy.

I have just finished the annuals and quarterly reports from Chiquita, and Fresh Del Monte, Dole’s biggest competitors.

I am putting together a series of posts on those three companies.  Which one could be the best buy for a spot in the long term portion of my portfolio without the spin off possibility, or if any of them are good enough to fit that profile.

I have also started Competition Demystified and can tell I am going to learn a lot from it.  I can’t wait to get farther into it and start applying the principles to the stocks I research.