Auto Parts: A Potential Value, Or A Value Trap?

Retailers of all kinds are in the dumpster this year.  The hardest hit seem to be the big mall retailers like Sears, JCPenny, and Macy’s — their stock prices are down more than 48% in the last year.  Yikes!

I first wrote about the alleged demise of retail back in May when I asked the question “Is Retail Dead?” While I was fairly convinced that physical retail was going to be a lot smaller in the near future, I’m not one of those people that believes physical retail will completely die…

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The Miso Solution

One of the great many chains that tie people to working 9-to-5 jobs for decades, is convenience food.  Yes, convenience food!  Many individuals eat lunch outside their workplace every single day — either at a restaurant or picking up take-out from a nearby restaurant.

At $5 – $20 for every lunch, this is an extremely expensive way to attain calories for your mid-day meal.  Over time, those yuppie food coupons really add up…

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Is Book Value Investing Still Relevant?

Back in the old days, book value was *the* measurement that value investors threw around to validate “margin of safety” when investing in stocks.

If you read the classic investing texts like Security Analysis or The Intelligent Investor, they advocate for the buying of stocks that sit well below book value.  This style of investing is sometimes called “cigar butt” investing, or “net-net” investing…

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